Funding you earn now, next payment 09:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h −0.021%
Price spread now: Vest against Extended−0.204%7-day average +0.131% · 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)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.204%, 7d avg +0.131%
=Together, before fees+0.201%+ Points / potential airdropExtended: Active · Vest: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.335% cheaper against Extended than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 195.45 | 0.0048 | pay 0.0006% / 1h | 43m 26s | $106K | $860K | 10x |
| Short | Vest COIN-USD-PERP | 195.05 | −0.0055 | pay 0.0007% / 1h | 43m 26s | — | $326K | 25x |
Extended COIN_24_5-USD
Vest COIN-USD-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
- −$21.72
- Price spread: −0.204% → +0.131%
- −$33.49
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$62.21
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 55 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, 55 min ago | 1.02 bp | 9.0 bp −$9 | 62.9 bp −$629 | 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 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 | 195.19 | −0.132% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0183% | 8h | 195.60 | +0.077% | $6.3M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERPshort | −0.0055% | 1h | 195.05 | −0.204% | — | $326K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 195.60 | +0.080% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.49 | +0.021% | $4.7M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.52 | +0.036% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.49 | +0.021% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.75 | +0.156% | $660K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.70 | +0.130% | $14K | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 195.42 | −0.013% | $360K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.45 | +0.001% | $467K | $1.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.70 | +0.129% | $17K | $57K | 5x | as long as short |
| Binance COINUSDT | +0.0046% | 8h | 195.47 | +0.011% | $14.9M | $81.7M | 20x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 195.48 | +0.016% | $1.3M | $2.8M | 10x | as long as short |
| Extended COIN_24_5-USDlong | +0.0048% | 1h | 195.45 | long leg | $106K | $860K | 10x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.35 | −0.050% | $15.1M | $12.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.36 | −0.045% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.54 | +0.047% | $71 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.39 | −0.030% | $437K | $2.5M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.46 | +0.006% | $984K | $173K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.57 | +0.062% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.56 | +0.057% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.52 | +0.038% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.65 | +0.103% | $4K | $283K | 10x | as long as short |
| BloFin COIN-USDT | +0.0166% | 8h | 195.68 | +0.118% | $187K | $474K | 20x | as long as short |
| edgeX COINUSDC | +0.0281% | 4h | 195.72 | +0.137% | $50K | $296K | 10x | as long as short |
Lighter RH COIN
Arcus COIN-USD
Binance COINUSDT
QFEX COIN-USD
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
Phoenix COIN
BloFin COIN-USDT
edgeX COINUSDC