Funding you earn now, next payment 06:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.005%
Price spread now: Vest against RISEx+0.040%7-day average 0.000% · 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)−0.036%−$4 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.040%, 7d avg 0.000%
=Together, before fees−0.102%+ Points / potential airdropVest: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.041% dearer against RISEx than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of 0.000%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 3 days (−0.036% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BTC/USDC | 85,136.8 | 0.0257 | pay 0.0032% / 1h | 25m 48s | $8.7M | $43.2M | 25x |
| Short | Vest BTC-PERP | 85,171.1 | 0.0100 | get 0.0013% / 1h | 25m 48s | — | $10.9M | 50x |
RISEx BTC/USDC
Vest BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against RISEx. 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
- −$32.95
- Price spread: +0.040% → 0.000%
- $4.06
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$36.89
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: RISEx: 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 RISEx live order book, 3 min ago | 0.01 bp | 3.1 bp −$3 | 3.1 bp −$31 | 10.6 bp −$1,058 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,103.3 | −0.039% | $524K | $18.5M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,204 | +0.079% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,103 | −0.040% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0054% | 8h | 85,076 | −0.071% | $920.2M | $763.8M | 125x | as long as short |
| BloFin BTC-USDT | −0.0035% | 8h | 85,082 | −0.064% | $418.8M | $678.3M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0024% | 1h | 85,126.2 | −0.012% | $374K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0017% | 8h | 85,151 | +0.017% | $511.9M | $1.09B | 200x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,176 | +0.046% | $16.7M | $21.6M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,103.6 | −0.039% | $36.4M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | +0.104% | $338K | $26.8M | 52x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Aster BTCUSDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0031% | 1h | 85,093.3 | −0.051% | $24.7M | $222.5M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,102.3 | −0.041% | $186.7M | $954.0M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0066% | 1h | 85,123.1 | −0.016% | $869.1M | $1.61B | 50x | as long as short |
| BingX BTC-USDC | +0.0067% | 8h | 85,106.4 | −0.036% | — | $17.4M | — | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,085.1 | −0.061% | $2.4M | $6.7M | 20x | as long as short |
| Phemex BTCUSDT | +0.0080% | 8h | 85,092.6 | −0.052% | $147.6M | $505.0M | 150x | as long as short |
| Bitget BTCUSDT | +0.0084% | 8h | 85,133.7 | −0.004% | $2.94B | $5.15B | 150x | as long as short |
| Binance BTCUSDT | +0.0084% | 8h | 85,161.4 | +0.029% | $9.41B | $24.81B | 150x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 85,114.9 | −0.026% | $5.06B | $5.72B | 500x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,153.2 | +0.019% | $170.9M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,163.8 | +0.032% | $23.6M | $148.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,110 | −0.031% | $8.3M | $55.7M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,125.9 | −0.013% | $117.0M | $5.36B | 50x | as long as short |
| Bullet BTC-USD | +0.0097% | 1h | 85,095 | −0.049% | $205K | $3.3M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,087 | −0.058% | $239K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,188.3 | +0.061% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,208 | +0.084% | $3.74B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,139 | +0.003% | $40.1M | $599.0M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,167 | +0.036% | $5.14B | $9.95B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,175.2 | +0.045% | $2.57B | $12.16B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,098 | −0.046% | $3.8M | $17.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,119.8 | −0.020% | $4.6M | $99.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,183.8 | +0.055% | $678.4M | $603.6M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,130.4 | −0.007% | $5.50B | $10.96B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,081.1 | −0.065% | $35.9M | $175.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,082 | −0.064% | $154.2M | $566.7M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,179.1 | +0.050% | $279.1M | $944.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,198.3 | +0.072% | $214.1M | $167.9M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,192 | +0.065% | $139.3M | $315.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,151 | +0.017% | $30.0M | $205.9M | 40x | as long as short |
| Vest BTC-PERPshort | +0.0100% | 1h | 85,171.1 | +0.040% | — | $10.9M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,097 | −0.047% | $11.0M | $14.4M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,094.9 | −0.049% | $2.5M | $9.3M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,135.1 | −0.002% | $227K | $760K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,069.2 | −0.079% | $29.9M | $48.5M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,075.9 | −0.071% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,090 | −0.055% | $59.6M | $336.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,092.1 | −0.052% | $2.25B | $942.5M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,084.6 | −0.061% | $45.3M | $238.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,104 | −0.038% | — | $106.9M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0115% | 1h | 85,095.2 | −0.049% | $6.6M | $147.4M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,103.2 | −0.039% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0179% | 8h | 85,124 | −0.015% | $11.3M | $743.5M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0221% | 1h | 85,177 | +0.047% | $78K | $226K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0232% | 1h | 85,129.5 | −0.009% | $716K | $8.0M | 30x | as long as short |
| RISEx BTC/USDClong | +0.0257% | 1h | 85,136.8 | long leg | $8.7M | $43.2M | 25x |
Nado BTC-PERP
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
BingX BTC-USDC
Aevo BTC-PERP
Phemex BTCUSDT
Bitget BTCUSDT
Binance BTCUSDT
MEXC BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
Bullet BTC-USD
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
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
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P