Funding you earn now, next payment 23:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.050%
Price spread now: Vest against BloFin−0.064%105s7-day average +0.144% · 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)−0.071%−$7 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.064%, 7d avg +0.144%
=Together, before fees+0.091%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.208% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.144%). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COIN-USDT | 201.94 | 0.0120 | pay 0.0120% / 8h | 1h 45m | $200K | $336K | 20x |
| Short | Vest COIN-USD-PERP | 201.81 | 0.0046 | get 0.0006% / 1h | 45m 38s | — | $513K | 25x |
BloFin COIN-USDT
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against BloFin. 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
- −$15.61
- Price spread: −0.064% → +0.144%
- −$20.83
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$50.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 34 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 BloFin live order book, 34 min ago | 0.25 bp | 10.0 bp −$10 | 14.3 bp −$143 | 40.2 bp −$4,022 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.46 | −0.238% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.97 | +0.017% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.94 | 0.000% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.99 | +0.024% | $15.6M | $76.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.91 | −0.015% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.94 | 0.000% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.95 | +0.005% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.95 | +0.006% | $759K | $983K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.95 | +0.006% | $16K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0012% | 8h | 202.07 | +0.064% | $6.9M | $9.9M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0016% | 1h | 201.96 | +0.010% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.96 | +0.010% | $435K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.10 | +0.079% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERPshort | +0.0046% | 1h | 201.81 | −0.064% | — | $513K | 25x | |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.83 | −0.054% | $147K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.95 | +0.005% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.66 | −0.139% | $352K | $3.2M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 201.98 | +0.021% | $368K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.98 | +0.020% | $1.0M | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.91 | −0.015% | $91K | $429K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.96 | +0.010% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.91 | −0.015% | $119 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 201.94 | long leg | $200K | $336K | 20x | |
| tradeXYZ xyz:COIN | +0.0170% | 1h | 201.90 | −0.020% | $16.4M | $13.1M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.90 | −0.020% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0605% | 4h | 201.95 | +0.004% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC