BTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.14 per $10,000 · paid last 24h +0.032%

Price spread now: Vest against 01 Exchange+0.052%54s7-day average +0.009% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.052%+$5 on $10k

Price spread, last 7 days−0.074%−$7 · spread now +0.052%, 7d avg +0.009%

Together, before fees−0.022%+ Points / potential airdropVest: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 0.044% dearer against 01 Exchange than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BTCUSD	86,570.8	−0.0008	get 0.0001% / 1h	46m 39s	$359K	$2.4M	50x
Short	Vest BTC-PERP	86,616.2	0.0100	get 0.0013% / 1h	46m 39s	—	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee VestbpOrdersPrice spread, now +0.052%Rate

Funding earned: $22.68
Price spread: +0.052% → +0.009%: $4.36
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: $18.04
Costs to cover: 0.090%
Break-even: 1.4 days

Slippage unknown: 01 Exchange: 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 01 Exchange live order book, 3 min ago	0.01 bp	4.6 bp −$5	9.2 bp −$92	doesn't fit	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.

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	−0.1760%	1h	86,556.4	−0.017%	$140K	$618K	40x	as long as short
Aftermath Perps BTCUSD	−0.0191%	1h	86,577.1	+0.007%	$79K	$199K	20x	as long as short
Phoenix BTC	−0.0159%	1h	86,518	−0.061%	$2.2M	$11.8M	40x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	86,570	−0.001%	$9K	$3K	50x	as long as short
dYdX BTC-USD	−0.0017%	1h	86,587.1	+0.019%	$17.5M	$20.3M	50x	as long as short
01 Exchange BTCUSDlong	−0.0008%	1h	86,570.8	long leg	$359K	$2.4M	50x
Aster BTCUSDT	−0.0007%	8h	86,533.5	−0.043%	$505.2M	$1.15B	200x	as long as short
Perpl BTC	0.0000%	43m	86,585.6	+0.017%	$418K	$24.1M	6.7x	as long as short
KuCoin XBTUSDTM	+0.0003%	8h	86,557.2	−0.016%	$851.7M	$708.5M	125x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	86,558.9	−0.014%	$36.8M	—	200x	as long as short

Show all 56 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx BTC/USDC	+0.0006%	1h	86,552.1	−0.022%	$8.6M	$43.2M	25x	as long as short
Hibachi BTC/USDT-P	+0.0016%	1h	86,550.4	−0.024%	$727K	$8.1M	30x	as long as short
Reya BTCRUSDPERP	+0.0022%	1h	86,550.4	−0.024%	$6.7M	$144.7M	40x	as long as short
Injective BTC/USDC PERP	+0.0024%	1h	86,559	−0.014%	$315K	$26.8M	52x	as long as short
Phemex BTCUSDT	+0.0026%	8h	86,532.8	−0.044%	$149.6M	$472.9M	150x	as long as short
BingX BTC-USDC	+0.0030%	8h	86,533.2	−0.043%	—	$15.3M	—	as long as short
Bitget BTCUSDT	+0.0040%	8h	86,543.4	−0.032%	$2.95B	$5.07B	150x	as long as short
Deribit BTC-PERPETUAL	+0.0043%	1h	86,573.8	+0.004%	$925.2M	$1.47B	50x	as long as short
Aevo BTC-PERP	+0.0056%	1h	86,532.1	−0.045%	$2.4M	$1.3M	20x	as long as short
MEXC BTC_USDT	+0.0058%	8h	86,546.3	−0.028%	$5.18B	$5.62B	500x	as long as short
Binance BTCUSDT	+0.0059%	8h	86,549.7	−0.024%	$9.42B	$24.33B	150x	as long as short
SoDEX BTC-USD	+0.0073%	1h	86,533	−0.044%	$60.5M	$336.8M	40x	as long as short
Gate BTC_USDT	+0.0083%	8h	86,538.3	−0.038%	$5.85B	$10.63B	200x	as long as short
Bybit BTCUSDT	+0.0088%	8h	86,548.2	−0.026%	$5.27B	$9.72B	150x	as long as short
Nado BTC-PERP	+0.0092%	1h	86,569.2	−0.002%	$21.7M	$233.5M	50x	as long as short
Lighter BTC	+0.0096%	1h	86,559.2	−0.013%	$172.3M	$998.5M	50x	as long as short
Lighter RH BTC	+0.0096%	1h	86,566.7	−0.005%	$24.0M	$151.6M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	86,546	−0.029%	$8.5M	$52.2M	100x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	86,534	−0.043%	$206K	$6.9M	50x	as long as short
Paradex BTC-USD-PERP	+0.0100%	8h	86,586.7	+0.018%	$4.7M	$8.3M	50x	as long as short
Hyperliquid BTC	+0.0100%	1h	86,635	+0.074%	$3.81B	$5.09B	40x	as long as short
Pacifica BTC	+0.0100%	1h	86,580.6	+0.011%	$40.9M	$504.7M	50x	as long as short
OKX BTC-USDT-SWAP	+0.0100%	8h	86,547.1	−0.027%	$2.55B	$12.69B	100x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	86,559	−0.014%	$3.9M	$18.6M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	86,618.1	+0.055%	$7.4M	$93.9M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	86,527.4	−0.050%	$571.7M	$19.3M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	86,548.8	−0.025%	$38.3M	$152.7M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	86,521.5	−0.057%	$156.7M	$571.1M	—	as long as short
edgeX BTCUSDC	+0.0100%	4h	86,522.6	−0.056%	$279.4M	$942.8M	100x	as long as short
GRVT BTC_USDT_Perp	+0.0100%	8h	86,535.2	−0.041%	$217.1M	$182.2M	50x	as long as short
ApeX Omni BTCUSDT	+0.0100%	1h	86,530.4	−0.047%	$141.4M	$322.9M	100x	as long as short
StandX BTC-USD	+0.0100%	1h	86,556	−0.017%	$30.7M	$203.1M	40x	as long as short
Vest BTC-PERPshort	+0.0100%	1h	86,616.2	+0.052%	—	$11.6M	50x
Polymarket Perps BTC-USD	+0.0100%	1h	86,580	+0.011%	$11.1M	$13.6M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	86,539.9	−0.036%	$193K	$3.3M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	86,544.2	−0.031%	$2.4M	$8.6M	100x	as long as short
Derive BTC-PERP	+0.0100%	1h	86,537	−0.039%	$30.0M	$61.6M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	86,549.5	−0.025%	$3.4M	$5.4M	100x	as long as short
HTX BTC-USDT	+0.0100%	8h	86,553.8	−0.020%	$2.30B	$958.8M	200x	as long as short
Extended BTC-USD	+0.0104%	1h	86,529.2	−0.048%	$46.4M	$224.9M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	86,556.2	−0.017%	—	$98.7M	500x	as long as short
Coinbase International BTC-PERP-INTX	+0.0112%	1h	86,574	+0.004%	$132.1M	$5.74B	50x	as long as short
Kraken Futures PF_XBTUSD	+0.0121%	1h	86,565.4	−0.006%	$191.3M	$936.7M	100x	as long as short
BloFin BTC-USDT	+0.0178%	8h	86,540.3	−0.035%	$415.3M	$653.8M	150x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0180% / S −0.0208%	1h	86,554	−0.019%	$15.1M	—	200x	as long as short
Kalshi KXBTCPERP	+0.0188%	8h	86,587	+0.019%	$9.5M	$726.2M	6.4x	as long as short