Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Vest−0.068%7-day average −0.019% · 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)+0.037%+$4 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.068%, 7d avg −0.019%
=Together, before fees+0.095%+ Points / potential airdropVest: Active · farm board+$10 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: Polymarket Perps is 0.049% cheaper against Vest than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BTC-PERP | 85,467.2 | 0.0100 | pay 0.0013% / 1h | 11m 27s | — | $10.2M | 50x |
| Short | Polymarket Perps BTC-USD | 85,409 | 0.0100 | get 0.0013% / 1h | 11m 27s | $11.0M | $14.6M | 50x |
Vest BTC-PERP
Polymarket Perps BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- $0
- Price spread: −0.068% → −0.019%
- −$4.9
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$14.9
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago | 0.06 bp | 4.3 bp −$4 | 5.4 bp −$54 | 7.7 bp −$769 | 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.
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,504 | +0.043% | $2.3M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,410 | −0.067% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0036% | 8h | 85,411.5 | −0.065% | $929.1M | $772.9M | 125x | as long as short |
| BloFin BTC-USDT | −0.0021% | 8h | 85,439.9 | −0.032% | $420.1M | $679.6M | 150x | as long as short |
| Aster BTCUSDT | −0.0003% | 8h | 85,401.1 | −0.077% | $512.8M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,422.9 | −0.052% | $352K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,448.2 | −0.022% | $490K | $18.4M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,430.8 | −0.043% | $16.7M | $21.1M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,462.1 | −0.006% | $36.5M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0046% | 1h | 85,413.3 | −0.063% | $24.1M | $220.1M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,247 | −0.258% | $338K | $26.8M | 52x | as long as short |
| Deribit BTC-PERPETUAL | +0.0065% | 1h | 85,473.5 | +0.007% | $861.1M | $1.63B | 50x | as long as short |
| BingX BTC-USDT | +0.0073% | 8h | 85,404 | −0.074% | — | $1.57B | — | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,449 | −0.021% | $186.1M | $953.7M | 100x | as long as short |
| Bitget BTCUSDT | +0.0091% | 8h | 85,403.8 | −0.074% | $2.97B | $5.15B | 150x | as long as short |
| Bybit BTCUSDT | +0.0095% | 8h | 85,400 | −0.079% | $5.14B | $9.97B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,429.7 | −0.044% | $170.0M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,427.3 | −0.047% | $23.6M | $148.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,442 | −0.029% | $8.6M | $56.8M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,423.4 | −0.051% | $2.4M | $6.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0098% | 8h | 85,405.3 | −0.072% | $5.03B | $5.78B | 500x | as long as short |
| Binance BTCUSDT | +0.0098% | 8h | 85,402.3 | −0.076% | $9.42B | $24.87B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,388 | −0.093% | $245K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,474.7 | +0.009% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,487 | +0.023% | $3.75B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,449.4 | −0.021% | $40.1M | $603.8M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,406.9 | −0.070% | $2.60B | $12.19B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,433 | −0.040% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,413.7 | −0.063% | $5.1M | $96.6M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,411.5 | −0.065% | $5.56B | $11.08B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,419.3 | −0.056% | $37.5M | $179.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,450.4 | −0.020% | $156.4M | $558.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,427.5 | −0.046% | $279.9M | $952.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,456.8 | −0.012% | $214.5M | $164.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,446.3 | −0.024% | $139.7M | $313.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,465.9 | −0.001% | $30.1M | $206.9M | 40x | as long as short |
| Vest BTC-PERPlong | +0.0100% | 1h | 85,467.2 | long leg | — | $10.2M | 50x | |
| Polymarket Perps BTC-USDshort | +0.0100% | 1h | 85,409 | −0.068% | $11.0M | $14.6M | 50x | |
| Bullet BTC-USD | +0.0100% | 1h | 85,402 | −0.076% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,405.9 | −0.072% | $2.6M | $9.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,469.7 | +0.003% | $194K | $796K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,438.7 | −0.033% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,430 | −0.043% | $59.8M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,429.4 | −0.044% | $2.26B | $962.9M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,436.4 | −0.036% | $154.8M | $511.9M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,413.1 | −0.063% | $689.0M | $342.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,386.2 | −0.095% | $44.9M | $239.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,429.6 | −0.044% | — | $104.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,470.4 | +0.004% | $113.0M | $5.48B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0133% | 1h | 85,395.8 | −0.084% | $6.6M | $147.7M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0150% | 1h | 85,439.7 | −0.032% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0180% | 8h | 85,454 | −0.015% | $11.8M | $740.1M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,432.6 | −0.040% | $8.8M | $42.7M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,466.8 | 0.000% | $686K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0262% | 1h | 85,467.1 | 0.000% | $79K | $238K | 20x | as long as short |
Injective BTC/USDC PERP
Deribit BTC-PERPETUAL
BingX BTC-USDT
Kraken Futures PF_XBTUSD
Bitget BTCUSDT
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD