Settings8H · net · $10k
Funding arb · Price arb /

BTC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Vest against SoDEX+0.083%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.083%, 7d avg +0.018%
Together, before fees−0.061%+ Points / potential airdropVest: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.065% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BTC-USD85,2910.0100pay 0.0013% / 1h36m 00s$59.8M$336.2M40x
ShortVest BTC-PERP85,362.10.0100get 0.0013% / 1h36m 00s$11.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.083% → +0.018%
$6.49
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$3.51
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 3 min ago0.06 bp4.1 bp −$44.1 bp −$414.9 bp −$49539.3 bp −$19.7K
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.

BTC on 56 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix BTC−0.0179%1h85,385+0.110%$2.2M$10.3M40xas long as short
Bluefin BTC-PERP−0.0164%1h85,324.5+0.039%$206K$739K40xas long as short
Hotstuff BTC-PERP−0.0080%1h85,341+0.059%$8K$3K50xas long as short
01 Exchange BTCUSD−0.0048%1h85,297.9+0.008%$364K$2.3M50xas long as short
BloFin BTC-USDT−0.0029%8h85,377.5+0.101%$416.4M$665.7M150xas long as short
KuCoin XBTUSDTM−0.0010%8h85,292.7+0.002%$918.5M$750.8M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h85,295.7+0.006%$36.4M200xas long as short
Aster BTCUSDT+0.0011%8h85,321.9+0.036%$514.1M$1.10B200xas long as short
dYdX BTC-USD+0.0018%1h85,373.4+0.097%$16.7M$21.3M50xas long as short
Arcus BTC-USD+0.0021%1h85,299.3+0.010%$5.0M$97.5M40xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado BTC-PERP+0.0059%1h85,290.90.000%$25.6M$221.4M50xas long as short
BingX BTC-USDC+0.0060%8h85,347.5+0.066%$17.1Mas long as short
Bitget BTCUSDT+0.0076%8h85,350.7+0.070%$2.95B$5.06B150xas long as short
Reya BTCRUSDPERP+0.0080%1h85,265.1−0.030%$6.6M$146.7M40xas long as short
Aevo BTC-PERP+0.0088%1h85,287.1−0.005%$2.4M$1.7M20xas long as short
MEXC BTC_USDT+0.0090%8h85,348.2+0.067%$5.05B$5.61B500xas long as short
Binance BTCUSDT+0.0091%8h85,340.8+0.058%$9.34B$24.10B150xas long as short
Lighter BTC+0.0096%1h85,341.7+0.059%$172.6M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h85,302.6+0.014%$23.7M$148.8M50xas long as short
Popdex BTCUSDT+0.0096%1h85,315+0.028%$8.3M$52.8M100xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,385.6+0.111%$4.4M$8.7M50xas long as short
Katana Perps BTC-USD+0.0100%8h85,292+0.001%$214K$8.0M50xas long as short
Hyperliquid BTC+0.0100%1h85,422+0.154%$3.74B$4.97B40xas long as short
Pacifica BTC+0.0100%1h85,370.1+0.093%$40.0M$578.1M50xas long as short
Bybit BTCUSDT+0.0100%8h85,340+0.057%$5.22B$9.76B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,362.8+0.084%$2.57B$12.12B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,317+0.030%$3.9M$18.0M25xas long as short
Gate BTC_USDT+0.0100%8h85,356.1+0.076%$5.50B$10.65B200xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,333.9+0.050%$35.6M$176.3M75xas long as short
Variational Omni BTC+0.0100%8h85,260.9−0.035%$153.4M$563.6Mas long as short
edgeX BTCUSDC+0.0100%4h85,434.6+0.168%$279.2M$917.6M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,454+0.191%$214.5M$169.8M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h85,427.7+0.160%$139.7M$314.4M100xas long as short
StandX BTC-USD+0.0100%1h85,424+0.156%$30.2M$207.8M40xas long as short
Vest BTC-PERPshort+0.0100%1h85,362.1+0.083%$11.8M50x
Polymarket Perps BTC-USD+0.0100%1h85,2910.000%$11.0M$14.2M50xas long as short
Bullet BTC-USD+0.0100%1h85,283−0.009%$193K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,286.1−0.006%$2.4M$8.9M100xas long as short
Derive BTC-PERP+0.0100%1h85,280−0.013%$29.9M$51.0M15xas long as short
SunX BTC-USDT+0.0100%8h85,271.1−0.023%$2.9M$6.1M100xas long as short
SoDEX BTC-USDlong+0.0100%1h85,291long leg$59.8M$336.2M40x
HTX BTC-USDT+0.0100%8h85,314+0.027%$2.26B$942.0M200xas long as short
Phemex BTCUSDT+0.0100%8h85,316.5+0.030%$149.2M$485.2M150xas long as short
Bulk BTC-USD+0.0100%1h85,513.6+0.261%$649.6M$594.9M40xas long as short
Extended BTC-USD+0.0104%1h85,258.2−0.038%$44.2M$226.8M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0056%1h85,331.2+0.047%$107.0M500xas long as short
Coinbase International BTC-PERP-INTX+0.0104%1h85,365.9+0.088%$116.6M$5.17B50xas long as short
Deribit BTC-PERPETUAL+0.0113%1h85,336.2+0.053%$894.5M$1.54B50xas long as short
Injective BTC/USDC PERP+0.0150%1h85,539+0.291%$340K$26.9M52xas long as short
Kraken Futures PF_XBTUSD+0.0171%1h85,323.3+0.038%$187.7M$955.3M100xas long as short
RISEx BTC/USDC+0.0194%1h85,337.2+0.054%$8.3M$42.4M25xas long as short
Hibachi BTC/USDT-P+0.0200%1h85,406.9+0.136%$696K$7.9M30xas long as short
Aftermath Perps BTCUSD+0.0201%1h85,456.7+0.194%$78K$219K20xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0202% / S −0.0178%1h85,293.9+0.003%$13.4M200xas long as short
Kalshi KXBTCPERP+0.0217%8h85,341+0.059%$10.4M$758.6M6.4xas long as short
Perpl BTC+0.0447%43m85,305.2+0.017%$506K$18.9M6.7xas long as short