Funding you earn now, next payment 09:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.045%
Price spread now: Jupiter Perps against Vest−0.106%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.106%, 7d avg −0.008%
=Together, before fees+0.030%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Jupiter Perps is 0.098% cheaper against Vest than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BTC-PERP | 85,555.6 | 0.0100 | pay 0.0013% / 1h | 41m 49s | — | $10.0M | 50x |
| Short | Jupiter Perps WBTC-PERP | 85,464.6 | L +0.0104% / S +0.0056% | pay 0.0007% / 1h | 41m 49s | — | $107.4M | 500x |
Vest BTC-PERP
Jupiter Perps WBTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Jupiter Perps 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
- −$32.76
- Price spread: −0.106% → −0.008%
- −$9.79
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Net
- −$56.55
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Jupiter Perps: 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 Jupiter Perps no order-book sample | — | — | — | — | — |
Vest and Jupiter Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.2119% | 1h | 84,644.9 | −1.064% | $192K | $796K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,478 | −0.091% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,414.1 | −0.165% | $422.3M | $681.6M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,428 | −0.149% | $307K | $24.1M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,508.7 | −0.055% | $346K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,500.6 | −0.064% | $36.6M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0012% | 8h | 85,462.1 | −0.109% | $931.4M | $776.1M | 125x | as long as short |
| Aster BTCUSDT | +0.0031% | 8h | 85,457.8 | −0.114% | $502.4M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | +0.0055% | 1h | 85,468.3 | −0.102% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,498.8 | −0.066% | $186.4M | $947.5M | 100x | as long as short |
Bluefin BTC-PERP
Hotstuff BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,525 | −0.036% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0080% | 8h | 85,431.4 | −0.145% | — | $17.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,492.7 | −0.073% | $170.3M | $943.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,488.9 | −0.078% | $23.6M | $134.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,500 | −0.065% | $8.7M | $58.5M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,482.5 | −0.085% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,472 | −0.098% | $267K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,517.6 | −0.044% | $5.7M | $9.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 85,495.6 | −0.070% | $24.1M | $217.6M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,498.2 | −0.067% | $40.1M | $605.5M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,457.8 | −0.114% | $9.41B | $25.11B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,446.9 | −0.127% | $5.09B | $9.99B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,440.9 | −0.134% | $2.61B | $12.21B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,483 | −0.085% | $3.9M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,500.4 | −0.064% | $4.7M | $97.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,453 | −0.120% | $700.3M | $171.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,464.9 | −0.106% | $5.51B | $9.88B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,461 | −0.111% | $5.06B | $5.73B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,440.9 | −0.134% | $2.98B | $5.17B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,472 | −0.098% | $37.8M | $193.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,465.7 | −0.105% | $156.0M | $544.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,469.8 | −0.100% | $283.4M | $962.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,488.7 | −0.078% | $214.6M | $154.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,478.7 | −0.090% | $136.6M | $312.4M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,411.6 | −0.168% | $30.1M | $218.7M | 40x | as long as short |
| Vest BTC-PERPlong | +0.0100% | 1h | 85,555.6 | long leg | — | $10.0M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,517 | −0.045% | $10.9M | $14.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,505.5 | −0.059% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,493.3 | −0.073% | $2.7M | $9.9M | 100x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,490.7 | −0.076% | $2.9M | $6.7M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,489 | −0.078% | $59.8M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,486.7 | −0.081% | $2.26B | $974.6M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,490.4 | −0.076% | $161.4M | $517.8M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,438.2 | −0.137% | $45.7M | $241.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERPshort | L +0.0104% / S +0.0056% | 1h | 85,464.6 | −0.106% | — | $107.4M | 500x | |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,525.5 | −0.035% | $111.9M | $5.46B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0148% | 1h | 85,493.1 | −0.073% | $6.6M | $138.9M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0148% | 1h | 85,504.8 | −0.059% | $13.0M | — | 200x | as long as short |
| Hyperliquid BTC | +0.0179% | 1h | 85,535.7 | −0.023% | $3.83B | $5.20B | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0190% | 8h | 85,505 | −0.059% | $10.6M | $738.5M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,516 | −0.046% | $8.9M | $42.6M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0201% | 1h | 85,532.5 | −0.027% | $832.1M | $1.66B | 50x | as long as short |
| Derive BTC-PERP | +0.0222% | 1h | 85,494.8 | −0.071% | $28.9M | $49.1M | 15x | as long as short |
| Aftermath Perps BTCUSD | +0.0295% | 1h | 85,494 | −0.072% | $81K | $248K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0352% | 1h | 85,475.8 | −0.093% | $688K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,428.6 | −0.148% | $468K | $18.3M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Hyperliquid BTC
Kalshi KXBTCPERP
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Derive BTC-PERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
Perpl BTC