Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.001%
Price spread now: QFEX against Vest+0.259%7-day average −0.141% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.259%, 7d avg −0.141%
=Together, before fees−0.310%+ Points / potential airdropVest: Active · farm board−$31 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 QFEX is 0.400% dearer against Vest than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest COIN-USD-PERP | 197.28 | −0.0089 | get 0.0011% / 1h | 24m 27s | — | $284K | 25x |
| Short | QFEX COIN-USD | 197.79 | 0.0016 | get 0.0002% / 1h | 24m 27s | $1.3M | $3.4M | 10x |
Vest COIN-USD-PERP
QFEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $21.89
- Price spread: +0.259% → −0.141%
- $39.98
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $49.88
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 1.52 bp | 6.6 bp −$7 | 7.8 bp −$78 | doesn't fit | 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.
COIN on 26 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 | −0.0745% | 8h | 197.90 | +0.314% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.21 | −0.035% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0200% | 8h | 197.96 | +0.345% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERPlong | −0.0089% | 1h | 197.28 | long leg | — | $284K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 197.86 | +0.294% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.78 | +0.253% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.88 | +0.302% | $15.0M | $78.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.79 | +0.259% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.90 | +0.314% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.67 | +0.200% | $685K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.69 | +0.207% | $12K | $2.1M | 10x | as long as short |
| QFEX COIN-USDshort | +0.0016% | 1h | 197.79 | +0.259% | $1.3M | $3.4M | 10x | |
| Lighter COIN | +0.0032% | 1h | 197.81 | +0.269% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.80 | +0.264% | $452K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.84 | +0.284% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.85 | +0.289% | $15.6M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.80 | +0.264% | $128K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.70 | +0.213% | $75 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.55 | +0.137% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.70 | +0.213% | $995K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.58 | +0.152% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.79 | +0.259% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.86 | +0.296% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.82 | +0.274% | $189K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.81 | +0.269% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0208% | 4h | 197.71 | +0.219% | $51K | $293K | 10x | as long as short |
GRVT COIN_USDT_Perp
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
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC