Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.032%
Price spread now: Vest against dYdX+0.013%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.013%, 7d avg +0.011%
=Together, before fees+0.038%+ Points / potential airdropVest: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 85,559.9 | 0 | get 0.0000% / 1h | 47m 07s | $16.7M | $21.2M | 50x |
| Short | Vest BTC-PERP | 85,571 | 0.0100 | get 0.0013% / 1h | 47m 07s | — | $11.8M | 50x |
dYdX BTC-USD
Vest BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against dYdX. 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
- $21
- Price spread: +0.013% → +0.011%
- $0.16
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $9.16
- Costs to cover
- 0.120%
- Break-even
- 3.9 days
Slippage unknown: dYdX: live order book, 2 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 dYdX live order book, 2 min ago | 3.39 bp | 10.7 bp −$11 | 11.5 bp −$115 | 23.1 bp −$2,308 | 70.3 bp −$35.1K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.1041% | 1h | 85,488.9 | −0.083% | $194K | $725K | 40x | as long as short |
| Phoenix BTC | −0.0179% | 1h | 85,568 | +0.009% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,527 | −0.038% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 85,525.9 | −0.040% | $368K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0031% | 8h | 85,469.1 | −0.106% | $417.7M | $665.3M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0003% | 8h | 85,433.2 | −0.148% | $916.9M | $749.5M | 125x | as long as short |
| dYdX BTC-USDlong | 0.0000% | 1h | 85,559.9 | long leg | $16.7M | $21.2M | 50x | |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,502.2 | −0.067% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0014% | 8h | 85,447.6 | −0.131% | $514.9M | $1.10B | 200x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,543.5 | −0.019% | $6.9M | $97.2M | 40x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
Arcus BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0053% | 1h | 85,547.1 | −0.015% | $22.6M | $218.9M | 50x | as long as short |
| BingX BTC-USDC | +0.0058% | 8h | 85,457.6 | −0.120% | — | $17.1M | — | as long as short |
| Bitget BTCUSDT | +0.0075% | 8h | 85,422.2 | −0.161% | $2.96B | $5.02B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0078% | 1h | 85,511.9 | −0.056% | $6.7M | $146.6M | 40x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,463 | −0.113% | $2.4M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0089% | 8h | 85,476.7 | −0.097% | $5.04B | $5.58B | 500x | as long as short |
| Binance BTCUSDT | +0.0089% | 8h | 85,444.4 | −0.135% | $9.32B | $24.00B | 150x | as long as short |
| SoDEX BTC-USD | +0.0095% | 1h | 85,451 | −0.127% | $59.9M | $336.1M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,463.9 | −0.112% | $173.6M | $1.00B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,465.8 | −0.110% | $23.8M | $148.3M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,569 | +0.011% | $8.4M | $52.6M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,577.7 | +0.021% | $3.9M | $8.4M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,547 | −0.015% | $233K | $7.9M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,548.2 | −0.014% | $3.74B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,558.7 | −0.001% | $40.1M | $575.8M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,431.6 | −0.150% | $5.26B | $9.66B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,433.3 | −0.148% | $2.57B | $12.08B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,532 | −0.033% | $3.9M | $18.0M | 25x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,696.6 | +0.160% | $648.3M | $574.6M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,481 | −0.092% | $5.53B | $10.55B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,455.4 | −0.122% | $35.8M | $175.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,584.4 | +0.029% | $156.6M | $560.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,552.4 | −0.009% | $279.4M | $918.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,550.2 | −0.011% | $214.8M | $166.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,565.9 | +0.007% | $139.9M | $314.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,576.1 | +0.019% | $30.2M | $207.5M | 40x | as long as short |
| Vest BTC-PERPshort | +0.0100% | 1h | 85,571 | +0.013% | — | $11.8M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,535 | −0.029% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,520 | −0.047% | $194K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,454.6 | −0.123% | $2.3M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,457.3 | −0.120% | $29.9M | $50.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,500.6 | −0.069% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,441.2 | −0.139% | $2.26B | $939.8M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,467 | −0.109% | $151.0M | $483.1M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,429.7 | −0.152% | $44.5M | $226.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,541.2 | −0.022% | — | $106.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,482.5 | −0.091% | $117.4M | $5.15B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,617 | +0.067% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,466.3 | −0.109% | $188.8M | $953.1M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0172% | 1h | 85,497.6 | −0.073% | $893.4M | $1.53B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,518.9 | −0.048% | $13.4M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0184% | 1h | 85,567.8 | +0.009% | $694K | $7.9M | 30x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,589.6 | +0.035% | $8.4M | $42.3M | 25x | as long as short |
| Aftermath Perps BTCUSD | +0.0204% | 1h | 85,612.2 | +0.061% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0218% | 8h | 85,553 | −0.008% | $10.4M | $758.9M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,532.7 | −0.032% | $502K | $18.9M | 6.7x | as long as short |
Nado BTC-PERP
BingX BTC-USDC
Bitget BTCUSDT
Reya BTCRUSDPERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Bulk BTC-USD
Gate BTC_USDT
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
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
RISEx BTC/USDC
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
Perpl BTC