Funding you earn now, next payment 02:00 UTC−0.0369%/8h= −40.4% APRpaid last 24h −0.014%
Price spread now: Vest against MEXC+0.314%49s7-day average +0.430% · 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)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.377%+$38 · spread now +0.314%, 7d avg +0.430%
=Together, before fees+0.348%+ Points / potential airdropVest: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Vest is 0.116% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.430%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.029% in total (about -3.2% 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 | MEXC JPY_USDT | 0.006368 | 0.0400 | pay 0.0200% / 4h | 2h 15m | $14.7M | $145K | 100x |
| Short | Vest JPY-USD-PERP | 0.006388 | 0.0031 | get 0.0004% / 1h | 15m 43s | — | $155K | 100x |
MEXC JPY_USDT
Vest JPY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against MEXC. 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
- −$77.45
- Price spread: +0.314% → +0.430%
- −$11.64
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$95.09
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 13.35 bp | 18.7 bp −$19 | 49.7 bp −$497 | 101.5 bp −$10.2K | 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.
JPY on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest JPY-USD-PERPshort | +0.0031% | 1h | 0.006388 | +0.314% | — | $155K | 100x | |
| Hibachi JPY/USDT-P | +0.0136% | 1h | 0.006352 | −0.244% | $8K | $103K | 20x | as long as short |
| MEXC JPY_USDTlong | +0.0400% | 4h | 0.006368 | long leg | $14.7M | $145K | 100x |
Hibachi JPY/USDT-P