Settings8H · net · $10k
Funding arb · Price arb /

BTC

all BTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h +0.015%
Price spread now: Vest against Aster+0.071%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.071%, 7d avg +0.006%
Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Vest is 0.065% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT85,763.90.0019pay 0.0019% / 8h5h 12m$516.7M$1.10B200x
ShortVest BTC-PERP85,824.70.0100get 0.0013% / 1h12m 56s$11.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Aster. 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

Funding earned
$16.91
Price spread: +0.071% → +0.006%
$6.46
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
$13.37
Costs to cover
0.100%
Break-even
1.5 days
Slippage unknown: Aster: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago0.01 bp4.0 bp −$44.2 bp −$424.9 bp −$4866.8 bp −$3,387
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin BTC-PERP−0.0681%1h85,789.2+0.029%$196K$721K40xas long as short
Phoenix BTC−0.0160%1h85,753−0.013%$2.2M$10.3M40xas long as short
Hotstuff BTC-PERP−0.0080%1h85,785+0.025%$8K$3K50xas long as short
01 Exchange BTCUSD−0.0040%1h85,774.5+0.012%$369K$2.3M50xas long as short
BloFin BTC-USDT−0.0032%8h85,743.9−0.023%$417.6M$665.4M150xas long as short
dYdX BTC-USD0.0000%1h85,797.8+0.040%$16.8M$21.2M50xas long as short
KuCoin XBTUSDTM+0.0004%8h85,728.5−0.041%$919.0M$751.4M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h85,774.6+0.012%$36.6M200xas long as short
Nado BTC-PERP+0.0011%1h85,772.2+0.010%$22.6M$219.5M50xas long as short
Aster BTCUSDTlong+0.0019%8h85,763.9long leg$516.7M$1.10B200x
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTC-USDC+0.0056%8h85,750.5−0.016%$17.0Mas long as short
Bitget BTCUSDT+0.0071%8h85,778.3+0.017%$2.96B$5.02B150xas long as short
Reya BTCRUSDPERP+0.0072%1h85,766.8+0.003%$6.7M$146.5M40xas long as short
Injective BTC/USDC PERP+0.0079%1h85,807+0.050%$341K$26.9M52xas long as short
Aevo BTC-PERP+0.0080%1h85,744.5−0.023%$2.5M$1.7M20xas long as short
Phemex BTCUSDT+0.0083%8h85,744.3−0.023%$148.8M$479.8M150xas long as short
MEXC BTC_USDT+0.0087%8h85,740−0.028%$5.07B$5.64B500xas long as short
Binance BTCUSDT+0.0088%8h85,768.3+0.005%$9.36B$23.87B150xas long as short
HTX BTC-USDT+0.0090%8h85,738.8−0.029%$2.27B$935.9M200xas long as short
SoDEX BTC-USD+0.0094%1h85,748−0.019%$60.0M$336.2M40xas long as short
Lighter BTC+0.0096%1h85,752.8−0.013%$174.9M$1.00B50xas long as short
Lighter RH BTC+0.0096%1h85,746.8−0.020%$23.9M$149.4M50xas long as short
Popdex BTCUSDT+0.0096%1h85,772+0.009%$8.4M$52.2M100xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,813.4+0.058%$3.8M$8.2M50xas long as short
Katana Perps BTC-USD+0.0100%8h85,744−0.023%$198K$7.8M50xas long as short
Deribit BTC-PERPETUAL+0.0100%1h85,785.8+0.026%$891.6M$1.53B50xas long as short
Hyperliquid BTC+0.0100%1h85,851+0.102%$3.75B$4.98B40xas long as short
Pacifica BTC+0.0100%1h85,805.4+0.048%$40.2M$577.3M50xas long as short
Bybit BTCUSDT+0.0100%8h85,776.9+0.015%$5.34B$9.57B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,780+0.019%$2.58B$12.12B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,755−0.010%$3.9M$18.0M25xas long as short
Arcus BTC-USD+0.0100%1h85,747.8−0.019%$6.8M$97.5M40xas long as short
Bulk BTC-USD+0.0100%1h85,800.8+0.043%$635.6M$478.1M40xas long as short
Gate BTC_USDT+0.0100%8h85,763.70.000%$5.56B$10.56B200xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,738.3−0.030%$35.3M$172.9M75xas long as short
Variational Omni BTC+0.0100%8h85,806.6+0.050%$157.6M$550.1Mas long as short
edgeX BTCUSDC+0.0100%4h85,742.6−0.025%$280.1M$921.7M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,770.9+0.008%$215.4M$166.0M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h85,773.2+0.011%$140.4M$314.6M100xas long as short
StandX BTC-USD+0.0100%1h85,766.5+0.003%$30.3M$209.3M40xas long as short
Vest BTC-PERPshort+0.0100%1h85,824.7+0.071%$11.8M50x
Polymarket Perps BTC-USD+0.0100%1h85,771+0.008%$11.0M$14.1M50xas long as short
Bullet BTC-USD+0.0100%1h85,766.7+0.003%$191K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,746−0.021%$2.4M$8.8M100xas long as short
Derive BTC-PERP+0.0100%1h85,745.2−0.022%$30.0M$50.9M15xas long as short
SunX BTC-USDT+0.0100%8h85,741.2−0.026%$2.9M$6.1M100xas long as short
Extended BTC-USD+0.0104%1h85,721.1−0.050%$44.2M$226.6M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0056%1h85,772.1+0.010%$105.9M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h85,777+0.015%$127.8M$5.10B50xas long as short
RISEx BTC/USDC+0.0120%1h85,801+0.043%$8.4M$42.2M25xas long as short
Kraken Futures PF_XBTUSD+0.0138%1h85,768.8+0.006%$189.3M$952.5M100xas long as short
Hibachi BTC/USDT-P+0.0200%1h85,784.3+0.024%$704K$7.8M30xas long as short
Aftermath Perps BTCUSD+0.0201%1h85,793.4+0.034%$78K$219K20xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0202% / S −0.0178%1h85,768.9+0.006%$13.6M200xas long as short
Kalshi KXBTCPERP+0.0219%8h85,790+0.030%$10.6M$758.1M6.4xas long as short
Perpl BTC+0.0447%43m85,789.9+0.030%$506K$19.2M6.7xas long as short