Funding you earn now, next payment 02:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.005%
Price spread now: Vest against Variational Omni−0.088%7-day average +0.134% · 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)+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.088%, 7d avg +0.134%
=Together, before fees−0.054%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.222% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.134%). If the spread goes back, that is −$22 on $10k: about 39 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COIN | 198.21 | 0 | get 0.0000% / 8h | 6h 42m | $822K | $1.0M | — |
| Short | Vest COIN-USD-PERP | 198.04 | 0.0019 | get 0.0002% / 1h | 42m 53s | — | $289K | 25x |
Variational Omni COIN
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Variational Omni. 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
- $3.95
- Price spread: −0.088% → +0.134%
- −$22.17
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$20.22
- Costs to cover
- 0.020%
- Break-even
- 42.9 days
Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 2.88 bp | doesn't fit | 25.8 bp −$258 | 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 | 198.66 | +0.225% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.51 | +0.147% | $364K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.11 | −0.054% | $117K | $703K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.04 | −0.090% | $15.0M | $77.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.07 | −0.073% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.14 | −0.037% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.12 | −0.048% | $1.3M | $6.9M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.40 | +0.094% | $6.6M | $10.1M | 20x | as long as short |
| Variational Omni COINlong | 0.0000% | 8h | 198.21 | long leg | $822K | $1.0M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.22 | +0.003% | $14K | $2.0M | 10x | 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
Bitget COINUSDT
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERPshort | +0.0019% | 1h | 198.04 | −0.088% | — | $289K | 25x | |
| QFEX COIN-USD | +0.0028% | 1h | 198.44 | +0.114% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.35 | +0.069% | $390K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.30 | +0.043% | $429K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.56 | +0.174% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.20 | −0.007% | $16.2M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.39 | +0.089% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.31 | +0.048% | $98 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.40 | +0.094% | $352K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.13 | −0.043% | $984K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.25 | +0.018% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.38 | +0.084% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.30 | +0.043% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.406% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.22 | +0.003% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0190% | 4h | 198.61 | +0.199% | $51K | $295K | 10x | as long as short |
QFEX COIN-USD
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
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC