Funding you earn now, next payment 03:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.006%
Price spread now: Vest against Binance−0.198%47s7-day average +0.054% · 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)+0.032%+$3 on $10k
+Price spread, last 2 days (all we have)+0.718%+$72 · spread now −0.198%, 7d avg +0.054%
=Together, before fees+0.750%+ Points / potential airdropVest: Active · farm board+$75 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.252% cheaper against Binance than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.054%). Swap the legs. The two prices were read 47 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 | Binance COINUSDT | 197.25 | 0 | get 0.0000% / 8h | 5h 49m | $15.1M | $78.2M | 20x |
| Short | Vest COIN-USD-PERP | 196.86 | −0.0089 | pay 0.0011% / 1h | 49m 45s | — | $284K | 25x |
Binance COINUSDT
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Binance. 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
- −$18.78
- Price spread: −0.198% → +0.054%
- −$25.21
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$55.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago | 0.51 bp | 8.4 bp −$8 | 16.2 bp −$162 | 57.7 bp −$5,771 | 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.
COIN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0728% | 8h | 197.29 | +0.020% | $6.3M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.53 | +0.142% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0142% | 8h | 197.29 | +0.020% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERPshort | −0.0089% | 1h | 196.86 | −0.198% | — | $284K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 197.37 | +0.061% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.17 | −0.040% | $119K | $697K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 197.25 | long leg | $15.1M | $78.2M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 197.33 | +0.040% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.20 | −0.026% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.61 | +0.180% | $818K | $905K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.46 | +0.104% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.37 | +0.060% | $1.3M | $3.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.23 | −0.012% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.21 | −0.021% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.53 | +0.142% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.25 | 0.000% | $15.7M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.19 | −0.031% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.20 | −0.026% | $92 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.38 | +0.066% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.22 | −0.016% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.49 | +0.121% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.15 | −0.051% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.17 | −0.043% | $116 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0114% | 4h | 197.30 | +0.027% | $51K | $294K | 10x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.52 | +0.137% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
edgeX COINUSDC
Phoenix COIN