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: SoDEX against Vest−0.057%7-day average −0.018% · 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)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.057%, 7d avg −0.018%
=Together, before fees+0.035%+ Points / potential airdropVest: Active · farm board+$3 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: SoDEX is 0.038% cheaper against Vest than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BTC-PERP | 85,477.4 | 0.0100 | pay 0.0013% / 1h | 37m 48s | — | $11.8M | 50x |
| Short | SoDEX BTC-USD | 85,429 | 0.0100 | get 0.0013% / 1h | 37m 48s | $59.9M | $336.1M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.057% → −0.018%
- −$3.81
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$13.81
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.9 bp −$488 | 40.8 bp −$20.4K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0256% | 1h | 85,483.2 | +0.007% | $207K | $739K | 40x | as long as short |
| Phoenix BTC | −0.0179% | 1h | 85,385 | −0.108% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,395 | −0.096% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,429.7 | −0.056% | $366K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0030% | 8h | 85,363.3 | −0.133% | $416.0M | $665.1M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0009% | 8h | 85,415.9 | −0.072% | $919.2M | $750.7M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,448.8 | −0.033% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0011% | 8h | 85,417.6 | −0.070% | $514.7M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0019% | 1h | 85,384.6 | −0.109% | $16.7M | $21.3M | 50x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,398.8 | −0.092% | $6.9M | $97.3M | 40x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0060% | 8h | 85,415.4 | −0.073% | — | $17.1M | — | as long as short |
| Nado BTC-PERP | +0.0062% | 1h | 85,437.7 | −0.046% | $25.7M | $220.8M | 50x | as long as short |
| Bitget BTCUSDT | +0.0076% | 8h | 85,414.3 | −0.074% | $2.95B | $5.03B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0079% | 1h | 85,433.1 | −0.052% | $6.7M | $146.7M | 40x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,432.5 | −0.052% | $2.4M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0090% | 8h | 85,436.9 | −0.047% | $5.05B | $5.60B | 500x | as long as short |
| Binance BTCUSDT | +0.0091% | 8h | 85,436.7 | −0.048% | $9.35B | $24.06B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,426.6 | −0.059% | $172.8M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,431.2 | −0.054% | $23.7M | $148.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,439 | −0.045% | $8.4M | $52.7M | 100x | as long as short |
| Phemex BTCUSDT | +0.0097% | 8h | 85,429.1 | −0.056% | $149.5M | $484.4M | 150x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,447.2 | −0.035% | $4.3M | $8.6M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,391 | −0.101% | $217K | $8.0M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,502 | +0.029% | $3.74B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,416.4 | −0.071% | $40.0M | $578.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,426.4 | −0.060% | $5.23B | $9.72B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,427.4 | −0.058% | $2.58B | $12.10B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,388 | −0.105% | $3.9M | $18.0M | 25x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,436.5 | −0.048% | $5.52B | $10.64B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,417.5 | −0.070% | $35.7M | $176.3M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,453.7 | −0.028% | $153.6M | $563.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,527.2 | +0.058% | $279.4M | $916.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,454 | −0.027% | $214.5M | $169.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,439.1 | −0.045% | $139.7M | $314.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,454.6 | −0.027% | $30.2M | $207.7M | 40x | as long as short |
| Vest BTC-PERPlong | +0.0100% | 1h | 85,477.4 | long leg | — | $11.8M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,432 | −0.053% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,439.4 | −0.044% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,438.5 | −0.045% | $2.5M | $8.9M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,439.7 | −0.044% | $29.9M | $51.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,414.5 | −0.074% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USDshort | +0.0100% | 1h | 85,429 | −0.057% | $59.9M | $336.1M | 40x | |
| HTX BTC-USDT | +0.0100% | 8h | 85,410.9 | −0.078% | $2.26B | $941.0M | 200x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,513.6 | +0.042% | $649.6M | $594.9M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,413.2 | −0.075% | $44.5M | $226.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,419.3 | −0.068% | — | $107.0M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,463 | −0.017% | $116.9M | $5.16B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,539 | +0.072% | $340K | $26.9M | 52x | as long as short |
| Deribit BTC-PERPETUAL | +0.0169% | 1h | 85,475.5 | −0.002% | $894.2M | $1.53B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,442.4 | −0.041% | $188.4M | $954.7M | 100x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,444.5 | −0.038% | $8.3M | $42.4M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,468.9 | −0.010% | $692K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0200% | 1h | 85,489.2 | +0.014% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0177% | 1h | 85,444.9 | −0.038% | $13.4M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0217% | 8h | 85,436 | −0.048% | $10.4M | $758.6M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,388.1 | −0.104% | $499K | $18.9M | 6.7x | as long as short |
SoDEX BTC-USD
Bluefin BTC-PERP
Phoenix BTC
01 Exchange BTCUSD
BloFin BTC-USDT
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
BingX BTC-USDC
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Phemex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Gate BTC_USDT
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
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Injective BTC/USDC PERP
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSD
RISEx BTC/USDC
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP