Funding you earn now, next payment 06:00 UTC+0.0215%/8h= +23.5% APRpaid last 24h +0.035%
Price spread now: KuCoin against Vest+0.225%7-day average −0.122% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.225%, 7d avg −0.122%
=Together, before fees−0.225%+ Points / potential airdropVest: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.347% dearer against Vest than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.122%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest COIN-USD-PERP | 195.78 | −0.0115 | get 0.0014% / 1h | 44m 25s | — | $281K | 25x |
| Short | KuCoin COINUSDTM | 196.22 | 0.0100 | get 0.0100% / 8h | 2h 44m | $989K | $143K | 20x |
Vest COIN-USD-PERP
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Vest. 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
- $45.12
- Price spread: +0.225% → −0.122%
- $34.7
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $65.82
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 40 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 40 min ago | 13.50 bp | 76.2 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0715% | 8h | 196.49 | +0.363% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.38 | +0.306% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0216% | 8h | 196.38 | +0.306% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERPlong | −0.0115% | 1h | 195.78 | long leg | — | $281K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 196.18 | +0.206% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.30 | +0.264% | $114K | $857K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.35 | +0.291% | $14.7M | $80.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.41 | +0.322% | $4.7M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.38 | +0.306% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.26 | +0.246% | $701K | $955K | — | 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 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.46 | +0.347% | $23K | $2.5M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.18 | +0.204% | $453K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.39 | +0.312% | $1.3M | $3.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.49 | +0.363% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.26 | +0.245% | $15.3M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.27 | +0.250% | $134K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.28 | +0.255% | $76 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.11 | +0.169% | $351K | $2.8M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 196.22 | +0.226% | $385K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 196.23 | +0.230% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 196.22 | +0.225% | $989K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.34 | +0.286% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.33 | +0.281% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.28 | +0.255% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.45 | +0.342% | $187K | $393K | 20x | as long as short |
| edgeX COINUSDC | +0.0196% | 4h | 196.50 | +0.370% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
Phoenix COIN
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC