Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against Extended+0.111%7-day average +0.044% · 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)−0.036%−$4 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now +0.111%, 7d avg +0.044%
=Together, before fees−0.125%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.067% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTC-USD | 85,496.2 | 0.0104 | pay 0.0013% / 1h | 48m 04s | $44.5M | $226.3M | 50x |
| Short | Vest BTC-PERP | 85,591.3 | 0.0100 | get 0.0013% / 1h | 48m 04s | — | $11.8M | 50x |
Extended BTC-USD
Vest BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Extended. 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
- −$0.84
- Price spread: +0.111% → +0.044%
- $6.73
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$1.11
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 1 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 Extended live order book, 1 min ago | 0.06 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.6 bp −$258 | 8.5 bp −$4,255 |
| 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 | −0.1202% | 1h | 85,559.5 | +0.074% | $194K | $725K | 40x | as long as short |
| Phoenix BTC | −0.0179% | 1h | 85,568 | +0.084% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,576 | +0.093% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 85,531.7 | +0.042% | $368K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0030% | 8h | 85,528.7 | +0.038% | $417.9M | $665.3M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0003% | 8h | 85,500.4 | +0.005% | $918.2M | $749.4M | 125x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,559.9 | +0.075% | $16.7M | $21.2M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,536.9 | +0.048% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0015% | 8h | 85,523 | +0.031% | $515.5M | $1.10B | 200x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,531.1 | +0.041% | $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
dYdX BTC-USD
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 | +0.0056% | 1h | 85,533.9 | +0.044% | $22.5M | $218.7M | 50x | as long as short |
| BingX BTC-USDC | +0.0058% | 8h | 85,504.6 | +0.010% | — | $17.1M | — | as long as short |
| Bitget BTCUSDT | +0.0075% | 8h | 85,518.5 | +0.026% | $2.96B | $5.01B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0077% | 1h | 85,521.4 | +0.029% | $6.7M | $146.6M | 40x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,519.5 | +0.027% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0089% | 8h | 85,517.3 | +0.025% | $5.04B | $5.58B | 500x | as long as short |
| Binance BTCUSDT | +0.0089% | 8h | 85,517.4 | +0.025% | $9.33B | $23.97B | 150x | as long as short |
| SoDEX BTC-USD | +0.0092% | 1h | 85,514 | +0.021% | $59.9M | $336.1M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,524 | +0.033% | $173.7M | $1.00B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,531.2 | +0.041% | $23.8M | $148.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,546 | +0.058% | $8.4M | $52.6M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,571.6 | +0.088% | $3.9M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,524 | +0.033% | $232K | $7.9M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,594 | +0.114% | $3.74B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,553.7 | +0.067% | $40.1M | $575.8M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,518.1 | +0.026% | $5.32B | $9.58B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,519.9 | +0.028% | $2.57B | $12.08B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,529 | +0.038% | $3.9M | $17.9M | 25x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,696.6 | +0.234% | $648.3M | $574.6M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,518.9 | +0.027% | $5.53B | $10.55B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,507.1 | +0.013% | $35.8M | $175.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,584.4 | +0.103% | $156.6M | $560.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,637.5 | +0.165% | $279.7M | $917.8M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,650.2 | +0.180% | $214.9M | $165.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,590.3 | +0.110% | $139.9M | $314.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,595.3 | +0.116% | $30.2M | $207.5M | 40x | as long as short |
| Vest BTC-PERPshort | +0.0100% | 1h | 85,591.3 | +0.111% | — | $11.8M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,525 | +0.034% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,529 | +0.038% | $194K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,513.6 | +0.020% | $2.4M | $8.7M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,517.8 | +0.025% | $30.0M | $50.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,514.1 | +0.021% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,514.1 | +0.021% | $2.26B | $939.2M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,514.9 | +0.022% | $151.0M | $482.9M | 150x | as long as short |
| Extended BTC-USDlong | +0.0104% | 1h | 85,496.2 | long leg | $44.5M | $226.3M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,530.8 | +0.040% | — | $106.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,547.9 | +0.061% | $117.5M | $5.15B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,497 | +0.001% | $339K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,539.4 | +0.051% | $188.4M | $952.7M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0173% | 1h | 85,564.9 | +0.080% | $893.4M | $1.53B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,535.8 | +0.046% | $13.4M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0184% | 1h | 85,584 | +0.103% | $694K | $7.9M | 30x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,574.5 | +0.092% | $8.4M | $42.4M | 25x | as long as short |
| Aftermath Perps BTCUSD | +0.0203% | 1h | 85,630.6 | +0.157% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0218% | 8h | 85,555 | +0.069% | $10.5M | $758.8M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,542.5 | +0.054% | $494K | $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
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