Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%
Price spread now: Bybit against Vest−0.208%7-day average −0.242% · 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)−0.255%−$26 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.208%, 7d avg −0.242%
=Together, before fees−0.362%+ Points / potential airdropVest: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.033% dearer against Vest than usual: you sell high and buy low (spread −0.208% now, against its 7-day average of −0.242%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 3 days (−0.255% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EUR-USD-PERP | 1.1499 | 0.0046 | pay 0.0006% / 1h | 42m 03s | — | $264K | 100x |
| Short | Bybit EURUSDUSDT | 1.1475 | 0 | get 0.0000% / 8h | 6h 42m | $582K | $280K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$9.59
- Price spread: −0.208% → −0.242%
- $3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.25
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 18 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 Bybit live order book, 18 min ago | 6.58 bp | 14.5 bp −$14 | 47.1 bp −$471 | 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0211% | 1h | 1.1468 | −0.265% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0190% | 4h | 1.1470 | −0.249% | $6.8M | $139K | 100x | as long as short |
| Bybit EURUSDUSDTshort | 0.0000% | 8h | 1.1475 | −0.208% | $582K | $280K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | −0.197% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.232% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1467 | −0.275% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | −0.188% | — | $2.5M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1474 | −0.214% | $12K | $257K | 20x | as long as short |
| Lighter EURUSD | +0.0024% | 1h | 1.1479 | −0.171% | $2.1M | $441K | 50x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1467 | −0.275% | $6.7M | $1.3M | 100x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | −0.246% | $9K | $78K | 101x | as long as short |
| Nado EURUSD-PERP | +0.0038% | 1h | 1.1470 | −0.250% | $466K | $156K | 40x | as long as short |
| Vest EUR-USD-PERPlong | +0.0046% | 1h | 1.1499 | long leg | — | $264K | 100x | |
| Hibachi EUR/USDT-P | +0.0056% | 1h | 1.1470 | −0.250% | $173K | $8.3M | 30x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1467 | −0.273% | $190K | $100K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | −0.188% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0224% | 1h | 1.1477 | −0.188% | $23.3M | $1.9M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0240% | 1h | 1.1477 | −0.188% | $33K | — | 50x | as long as short |
Bybit EURUSDUSDT
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Lighter EURUSD
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
tradeXYZ xyz:EUR