Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.126%
Price spread now: Vest against Bluefin+0.032%7-day average +0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.389%+$39 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.032%, 7d avg +0.032%
=Together, before fees+0.456%+ Points / potential airdropVest: Active · farm board+$46 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin BTC-PERP | 85,513.8 | 0.0100 | pay 0.0013% / 1h | 48m 43s | $194K | $796K | 40x |
| Short | Vest BTC-PERP | 85,541.3 | 0.0100 | get 0.0013% / 1h | 48m 43s | — | $9.7M | 50x |
Bluefin BTC-PERP
Vest BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bluefin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.032% → +0.032%
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$8.97
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Bluefin: live order book, 50 min ago; Vest: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bluefin live order book, 50 min ago | 1.14 bp | 6.5 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BTC on 56 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,465 | −0.057% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,461.7 | −0.061% | $422.8M | $681.9M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,467 | −0.055% | $307K | $23.3M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,481.8 | −0.037% | $344K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,476.9 | −0.043% | $36.6M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0007% | 8h | 85,450.3 | −0.074% | $932.3M | $776.6M | 125x | as long as short |
| Aster BTCUSDT | +0.0029% | 8h | 85,455.6 | −0.068% | $502.3M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | +0.0033% | 1h | 85,475.8 | −0.044% | $16.7M | $21.0M | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0066% | 1h | 85,501.7 | −0.014% | $831.0M | $1.66B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,480.8 | −0.039% | $186.3M | $949.4M | 100x | as long as short |
Hotstuff BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,516 | +0.003% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0080% | 8h | 85,438.3 | −0.088% | — | $17.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,467.5 | −0.054% | $170.3M | $941.2M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,467.3 | −0.054% | $23.6M | $133.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,473 | −0.048% | $8.7M | $58.4M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,459.1 | −0.064% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,452 | −0.072% | $265K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,491.8 | −0.026% | $5.7M | $9.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 85,471.1 | −0.050% | $24.1M | $220.2M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,481.4 | −0.038% | $40.1M | $605.5M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,454.1 | −0.070% | $9.41B | $25.11B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,453.9 | −0.070% | $5.09B | $10.01B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,454.4 | −0.069% | $2.61B | $12.22B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,469 | −0.052% | $3.9M | $17.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,485.1 | −0.034% | $4.6M | $97.5M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,382 | −0.154% | $697.9M | $180.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,461.2 | −0.061% | $5.50B | $9.86B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,452.1 | −0.072% | $5.05B | $5.72B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,450.1 | −0.074% | $2.98B | $5.17B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,462.5 | −0.060% | $37.8M | $193.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,465.8 | −0.056% | $155.8M | $547.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,416.6 | −0.114% | $283.2M | $960.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,448.6 | −0.076% | $214.4M | $157.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,449.8 | −0.075% | $136.7M | $313.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,472.1 | −0.049% | $30.1M | $217.7M | 40x | as long as short |
| Vest BTC-PERPshort | +0.0100% | 1h | 85,541.3 | +0.032% | — | $9.7M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,261 | −0.296% | $10.9M | $14.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,470 | −0.051% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,469.2 | −0.052% | $2.7M | $9.9M | 100x | as long as short |
| Bluefin BTC-PERPlong | +0.0100% | 1h | 85,513.8 | long leg | $194K | $796K | 40x | |
| SunX BTC-USDT | +0.0100% | 8h | 85,481.5 | −0.038% | $2.9M | $6.3M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,468 | −0.054% | $59.8M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,469.3 | −0.052% | $2.26B | $975.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,469.4 | −0.052% | $160.6M | $517.4M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,432.7 | −0.095% | $45.7M | $241.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,455.5 | −0.068% | — | $107.4M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,516 | +0.003% | $111.6M | $5.47B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0147% | 1h | 85,458.1 | −0.065% | $6.6M | $139.6M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0148% | 1h | 85,474.6 | −0.046% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0187% | 8h | 85,498 | −0.018% | $10.7M | $739.4M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,496.7 | −0.020% | $8.9M | $42.8M | 25x | as long as short |
| Hyperliquid BTC | +0.0235% | 1h | 85,535 | +0.025% | $3.81B | $5.14B | 40x | as long as short |
| Derive BTC-PERP | +0.0240% | 1h | 85,554.9 | +0.048% | $28.9M | $49.3M | 15x | as long as short |
| Aftermath Perps BTCUSD | +0.0291% | 1h | 85,442.2 | −0.084% | $81K | $246K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0336% | 1h | 85,530.4 | +0.019% | $686K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,484.3 | −0.034% | $468K | $18.4M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hyperliquid BTC
Derive BTC-PERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
Perpl BTC