Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.030%
Price spread now: edgeX against Vest−0.159%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.107%−$11 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.159%, 7d avg −0.044%
=Together, before fees+0.040%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$4 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: edgeX is 0.115% cheaper against Vest than usual: you would sell low and buy high, −$11 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 | Vest BTC-PERP | 86,724.6 | 0.0100 | pay 0.0013% / 1h | 26m 40s | — | $11.6M | 50x |
| Short | edgeX BTCUSDC | 86,587 | 0.0100 | get 0.0050% / 4h | 2h 26m | $279.7M | $950.9M | 100x |
Vest BTC-PERP
edgeX BTCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Vest. 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: −0.159% → −0.044%
- −$11.46
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$22.46
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; edgeX: live order book, 3 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 3 min ago | 0.02 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.7 bp −$466 | 5.7 bp −$2,844 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps BTCUSD | −0.0234% | 1h | 86,639.4 | −0.098% | $85K | $188K | 20x | as long as short |
| Perpl BTC | −0.0223% | 43m | 86,688.7 | −0.041% | $427K | $24.8M | 6.7x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,583 | −0.163% | $2.2M | $12.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,653 | −0.083% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0075% | 1h | 86,733.4 | +0.010% | $17.6M | $20.5M | 50x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,756.3 | +0.037% | $364K | $2.4M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,715.7 | −0.010% | $935.3M | $1.44B | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0002% | 8h | 86,722.7 | −0.002% | $845.0M | $704.6M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,702.4 | −0.026% | $36.9M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0008% | 8h | 86,704.3 | −0.023% | $506.4M | $1.16B | 200x | as long as short |
Aftermath Perps BTCUSD
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0021% | 1h | 86,677.7 | −0.054% | $6.7M | $144.4M | 40x | as long as short |
| Phemex BTCUSDT | +0.0023% | 8h | 86,679.3 | −0.052% | $150.0M | $471.5M | 150x | as long as short |
| BingX BTC-USDC | +0.0023% | 8h | 86,714.1 | −0.012% | — | $15.3M | — | as long as short |
| Bitget BTCUSDT | +0.0032% | 8h | 86,712.3 | −0.014% | $2.95B | $5.07B | 150x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,639 | −0.099% | $315K | $26.8M | 52x | as long as short |
| MEXC BTC_USDT | +0.0055% | 8h | 86,738.6 | +0.016% | $5.19B | $5.68B | 500x | as long as short |
| Binance BTCUSDT | +0.0055% | 8h | 86,732.2 | +0.009% | $9.45B | $24.31B | 150x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,679.2 | −0.052% | $2.4M | $1.3M | 20x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,726 | +0.002% | $9.2M | $42.0M | 25x | as long as short |
| OKX BTC-USDT-SWAP | +0.0077% | 8h | 86,722.6 | −0.002% | $2.56B | $12.73B | 100x | as long as short |
| Gate BTC_USDT | +0.0079% | 8h | 86,725.9 | +0.001% | $5.86B | $10.64B | 200x | as long as short |
| Bybit BTCUSDT | +0.0083% | 8h | 86,712.9 | −0.014% | $5.28B | $9.68B | 150x | as long as short |
| Variational Omni BTC | +0.0095% | 8h | 86,614.5 | −0.127% | $160.3M | $564.8M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,752.1 | +0.032% | $171.9M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,716.2 | −0.010% | $24.0M | $153.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,668 | −0.065% | $8.5M | $52.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,723 | −0.002% | $195K | $6.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,752.1 | +0.032% | $4.8M | $8.2M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,668.7 | −0.065% | $21.8M | $235.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,770.3 | +0.053% | $3.82B | $5.13B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,757.7 | +0.038% | $41.0M | $492.6M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,718 | −0.008% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,787.2 | +0.072% | $7.8M | $94.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,577.9 | −0.169% | $571.8M | $22.4M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,681.7 | −0.049% | $38.2M | $148.4M | 75x | as long as short |
| edgeX BTCUSDCshort | +0.0100% | 4h | 86,587 | −0.159% | $279.7M | $950.9M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,622.1 | −0.118% | $217.5M | $187.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,626.6 | −0.113% | $141.4M | $322.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,625.2 | −0.115% | $30.8M | $205.2M | 40x | as long as short |
| Vest BTC-PERPlong | +0.0100% | 1h | 86,724.6 | long leg | — | $11.6M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,680 | −0.051% | $11.1M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,682.2 | −0.049% | $196K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,694.9 | −0.034% | $2.5M | $8.5M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,708.4 | −0.019% | $141K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,687.8 | −0.042% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,666 | −0.068% | $3.4M | $5.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,682 | −0.049% | $60.5M | $336.4M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,680 | −0.051% | $2.30B | $957.3M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,702.1 | −0.026% | $46.3M | $228.0M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,698.1 | −0.031% | — | $98.4M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0116% | 1h | 86,714.9 | −0.011% | $188.4M | $932.0M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,723 | −0.002% | $132.0M | $5.86B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0126% | 8h | 86,695 | −0.034% | $9.0M | $723.7M | 6.4x | as long as short |
| BloFin BTC-USDT | +0.0175% | 8h | 86,679.4 | −0.052% | $417.3M | $653.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0179% / S −0.0189% | 1h | 86,691.8 | −0.038% | $15.1M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 86,666.7 | −0.067% | $614K | $7.1M | 30x | as long as short |
Reya BTCRUSDPERP
Phemex BTCUSDT
BingX BTC-USDC
Bitget BTCUSDT
Injective BTC/USDC PERP
MEXC BTC_USDT
Binance BTCUSDT
Aevo BTC-PERP
RISEx BTC/USDC
OKX BTC-USDT-SWAP
Gate BTC_USDT
Bybit BTCUSDT
Variational Omni BTC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Kraken Futures PF_XBTUSD
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P