Funding you earn now, next payment 02:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Vest against QFEX−0.218%7-day average +0.146% · 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)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.218%, 7d avg +0.146%
=Together, before fees+0.219%+ Points / potential airdropVest: Active · farm board+$22 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 0.364% cheaper against QFEX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.146%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 197.49 | 0.0028 | pay 0.0003% / 1h | 19m 16s | $1.3M | $3.6M | 10x |
| Short | Vest COIN-USD-PERP | 197.06 | −0.0041 | pay 0.0005% / 1h | 19m 16s | — | $291K | 25x |
QFEX COIN-USD
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against QFEX. 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
- −$14.5
- Price spread: −0.218% → +0.146%
- −$36.38
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$62.88
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 1.26 bp | 6.3 bp −$6 | 8.3 bp −$83 | 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 25 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 | −0.0519% | 8h | 197.65 | +0.081% | $6.4M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.50 | +0.005% | $44K | $48K | 30x | as long as short |
| Vest COIN-USD-PERPshort | −0.0041% | 1h | 197.06 | −0.218% | — | $291K | 25x | |
| Gate COIN_USDT | −0.0002% | 8h | 197.53 | +0.020% | $1.2M | $7.0M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.70 | +0.107% | $365K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.50 | +0.007% | $117K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.58 | +0.047% | $14.8M | $77.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.59 | +0.051% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.73 | +0.122% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.75 | +0.131% | $819K | $939K | — | 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 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.03 | +0.272% | $15K | $2.1M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0028% | 1h | 197.49 | long leg | $1.3M | $3.6M | 10x | |
| Lighter COIN | +0.0032% | 1h | 197.52 | +0.015% | $381K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.52 | +0.015% | $436K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.88 | +0.197% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.46 | −0.015% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.44 | −0.025% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.51 | +0.010% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.40 | −0.046% | $351K | $3.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.51 | +0.010% | $995K | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.60 | +0.056% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.52 | +0.015% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.50 | +0.006% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.08 | +0.299% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0585% | 4h | 197.81 | +0.162% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Arcus 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
edgeX COINUSDC