Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%
Price spread now: Orderly against Vest−0.281%7-day average −0.248% · 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)+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.281%, 7d avg −0.248%
=Together, before fees+0.302%+ Points / potential airdropVest: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.033% cheaper against Vest than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.248%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.293%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EUR-USD-PERP | 1.1508 | 0.0046 | pay 0.0006% / 1h | 19m 00s | — | $265K | 100x |
| Short | Orderly PERP_EURUSD_USDC | 1.1476 | 0 | get 0.0000% / 8h | 3h 19m | $198K | $73K | 50x |
Vest EUR-USD-PERP
Orderly PERP_EURUSD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.281% → −0.248%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.92
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Orderly: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Vest and Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-P | −0.0240% | 1h | 1.1473 | −0.307% | $174K | $8.3M | 30x | as long as short |
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1474 | −0.301% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0148% | 4h | 1.1479 | −0.255% | $6.8M | $134K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1486 | −0.193% | $2.1M | $415K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1481 | −0.242% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | −0.246% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1478 | −0.264% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDCshort | 0.0000% | 8h | 1.1476 | −0.281% | $198K | $73K | 50x | |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1482 | −0.229% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | −0.255% | $13K | $264K | 20x | as long as short |
Hibachi EUR/USDT-P
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0009% | 1h | 1.1480 | −0.250% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1476 | −0.279% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.365% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERPlong | +0.0046% | 1h | 1.1508 | long leg | — | $265K | 100x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1476 | −0.278% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1483 | −0.219% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0120% | 1h | 1.1481 | −0.238% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0173% | 1h | 1.1481 | −0.238% | $23.3M | $1.6M | 50x | as long as short |
Nado EURUSD-PERP
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR