Funding you earn now, next payment 05:00 UTC−0.0151%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.002%
Price spread now: Vest against Arcus−0.385%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.385% cheaper against Arcus than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 197.25 | 0.0040 | pay 0.0005% / 1h | 47m 13s | $15K | $55K | 5x |
| Short | Vest COIN-USD-PERP | 196.49 | −0.0111 | pay 0.0014% / 1h | 47m 13s | — | $266K | 25x |
Arcus COIN-USD
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Arcus. 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
- −$31.74
- Price spread: −0.385% → 0.000%
- −$38.53
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$76.77
- Costs to cover
- 0.065%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Arcus and 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0678% | 8h | 197.22 | −0.015% | $6.2M | $10.4M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.96 | −0.147% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0219% | 8h | 197.13 | −0.061% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERPshort | −0.0111% | 1h | 196.49 | −0.385% | — | $266K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 197.33 | +0.042% | $344K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.04 | −0.109% | $117K | $692K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.09 | −0.081% | $14.7M | $79.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.18 | −0.035% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.12 | −0.066% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.21 | −0.020% | $681K | $935K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.03 | −0.114% | $14K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 197.10 | −0.076% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.92 | −0.167% | $451K | $1.5M | 10x | as long as short |
| edgeX COINUSDC | +0.0038% | 4h | 197.03 | −0.113% | $51K | $295K | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 197.25 | long leg | $15K | $55K | 5x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.98 | −0.137% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.98 | −0.137% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.95 | −0.152% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.93 | −0.162% | $357K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.12 | −0.066% | $994K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.82 | −0.218% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.08 | −0.086% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.00 | −0.126% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.02 | −0.117% | $187K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 197.05 | −0.101% | $5K | $283K | 10x | as long as short |
| Lighter COIN | +0.0200% | 1h | 196.94 | −0.156% | $340K | $2.0M | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
edgeX COINUSDC
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
Lighter COIN