Funding you earn now, next payment 12:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.001%
Price spread now: Vest against Bybit−0.030%47s7-day average +0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.030%, 7d avg +0.080%
=Together, before fees+0.004%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.111% cheaper against Bybit than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.080%). If the spread goes back, that is −$11 on $10k: about 8.1 days of funding at the current rate (+$1 a day). The two prices were read 47 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 | Bybit COINUSDT | 198.29 | 0 | get 0.0000% / 8h | 4h 30m | $4.7M | $5.2M | 50x |
| Short | Vest COIN-USD-PERP | 198.23 | 0.0046 | get 0.0006% / 1h | 30m 40s | — | $277K | 25x |
Bybit COINUSDT
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bybit. 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
- $9.59
- Price spread: −0.030% → +0.080%
- −$11.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$14.48
- Costs to cover
- 0.130%
- Break-even
- 17.6 days
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 3.27 bp | 11.8 bp −$12 | 26.1 bp −$261 | doesn't fit | 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 exchanges
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 | 197.92 | −0.187% | $17K | $222K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.34 | +0.024% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.14 | −0.076% | $106K | $918K | 10x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 198.29 | long leg | $4.7M | $5.2M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.30 | +0.005% | $3.1M | $3.9M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.29 | 0.000% | $1.2M | $6.2M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.31 | +0.010% | $6.4M | $9.4M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.32 | +0.014% | $788K | $905K | — | as long as short |
| Binance COINUSDT | +0.0003% | 8h | 198.20 | −0.045% | $14.6M | $75.0M | 20x | as long as short |
| GRVT COIN_USDT_Perp | +0.0025% | 8h | 198.95 | +0.334% | $12K | $3.4M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
Binance COINUSDT
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 198.15 | −0.070% | $343K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.18 | −0.055% | $484K | $1.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0033% | 1h | 198.11 | −0.091% | $1.3M | $2.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.14 | −0.076% | $14K | $39K | 5x | as long as short |
| Vest COIN-USD-PERPshort | +0.0046% | 1h | 198.23 | −0.030% | — | $277K | 25x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.12 | −0.086% | $14.7M | $10.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.28 | −0.005% | $119K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.30 | +0.005% | $99 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.51 | +0.111% | $322K | $2.1M | 10x | as long as short |
| BloFin COIN-USDT | +0.0098% | 8h | 198.40 | +0.055% | $195K | $481K | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.32 | +0.015% | $935K | $284K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.54 | +0.126% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.32 | +0.015% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.34 | +0.026% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 198.77 | +0.242% | $5K | $268K | 10x | as long as short |
| edgeX COINUSDC | +0.0964% | 4h | 198.84 | +0.278% | $51K | $294K | 10x | as long as short |
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
BloFin COIN-USDT
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC