Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.013%
Price spread now: ApeX Omni against Vest+0.006%7-day average +0.002% · 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)+0.018%+$2 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.006%, 7d avg +0.002%
=Together, before fees0.000%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.018% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BTC-PERP | 86,472.3 | 0.0100 | pay 0.0013% / 1h | 52m 50s | — | $11.9M | 50x |
| Short | ApeX Omni BTCUSDT | 86,477.3 | −0.0120 | pay 0.0015% / 1h | 52m 50s | $141.6M | $323.3M | 100x |
Vest BTC-PERP
ApeX Omni BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$46.1
- Price spread: +0.006% → +0.002%
- $0.38
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$57.72
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 1 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 ApeX Omni live order book, 1 min ago | 0.43 bp | 5.4 bp −$5 | 5.4 bp −$54 | 11.8 bp −$1,176 | 42.2 bp −$21.1K |
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 | −0.0168% | 1h | 86,461 | −0.013% | $140K | $664K | 40x | as long as short |
| Phoenix BTC | −0.0129% | 1h | 86,441 | −0.036% | $2.2M | $11.2M | 40x | as long as short |
| ApeX Omni BTCUSDTshort | −0.0120% | 1h | 86,477.3 | +0.006% | $141.6M | $323.3M | 100x | |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,424 | −0.056% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,438.3 | −0.039% | $361K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,472.9 | +0.001% | $423K | $22.1M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,432 | −0.047% | $903.5M | $1.51B | 50x | as long as short |
| dYdX BTC-USD | +0.0005% | 1h | 86,456.9 | −0.018% | $16.9M | $20.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,447.9 | −0.028% | $36.9M | — | 200x | as long as short |
| Phemex BTCUSDT | +0.0012% | 8h | 86,427.4 | −0.052% | $153.0M | $478.5M | 150x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
Deribit BTC-PERPETUAL
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Phemex BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTCUSDT | +0.0015% | 8h | 86,353.9 | −0.137% | $500.8M | $1.15B | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,616 | +0.166% | $333K | $26.9M | 52x | as long as short |
| GRVT BTC_USDT_Perp | +0.0026% | 8h | 86,468.8 | −0.004% | $217.1M | $171.1M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0029% | 8h | 86,372.6 | −0.115% | $833.7M | $726.0M | 125x | as long as short |
| Reya BTCRUSDPERP | +0.0040% | 1h | 86,427.7 | −0.052% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDC | +0.0046% | 8h | 86,342.2 | −0.150% | — | $15.3M | — | as long as short |
| Gate BTC_USDT | +0.0050% | 8h | 86,356.4 | −0.134% | $5.84B | $10.45B | 200x | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,444.2 | −0.033% | $8.2M | $42.9M | 25x | as long as short |
| Bitget BTCUSDT | +0.0059% | 8h | 86,330.4 | −0.164% | $2.96B | $5.10B | 150x | as long as short |
| Aevo BTC-PERP | +0.0072% | 1h | 86,553.4 | +0.094% | $2.5M | $1.2M | 20x | as long as short |
| MEXC BTC_USDT | +0.0075% | 8h | 86,350 | −0.141% | $5.13B | $5.66B | 500x | as long as short |
| Binance BTCUSDT | +0.0075% | 8h | 86,336.8 | −0.157% | $9.41B | $24.56B | 150x | as long as short |
| SoDEX BTC-USD | +0.0076% | 1h | 86,402 | −0.081% | $60.4M | $338.1M | 40x | as long as short |
| Bybit BTCUSDT | +0.0079% | 8h | 86,337.5 | −0.156% | $5.26B | $9.75B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,414.7 | −0.067% | $170.1M | $980.5M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,414 | −0.067% | $23.7M | $148.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,429 | −0.050% | $8.4M | $52.2M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,416 | −0.065% | $196K | $7.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,493.2 | +0.024% | $4.8M | $8.5M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,452.5 | −0.023% | $22.0M | $233.1M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,407 | −0.076% | $3.79B | $5.04B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,475.9 | +0.004% | $40.8M | $540.8M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,346.8 | −0.145% | $2.55B | $12.65B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,442 | −0.035% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,463 | −0.011% | $7.3M | $96.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,523.6 | +0.059% | $572.9M | $12.4M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,391.5 | −0.093% | $37.7M | $155.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,440 | −0.037% | $157.9M | $568.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,483.7 | +0.013% | $279.3M | $947.5M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,386 | −0.100% | $30.6M | $208.4M | 40x | as long as short |
| Vest BTC-PERPlong | +0.0100% | 1h | 86,472.3 | long leg | — | $11.9M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,428 | −0.051% | $11.1M | $14.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,430 | −0.049% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,419.6 | −0.061% | $2.5M | $9.3M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,434.3 | −0.044% | $30.5M | $62.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,451.3 | −0.024% | $3.4M | $5.3M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,399.1 | −0.085% | $2.29B | $967.2M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,341.9 | −0.151% | $45.9M | $224.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,461.3 | −0.013% | — | $100.0M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,443.4 | −0.033% | $133.1M | $5.59B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,426.9 | −0.053% | $192.9M | $952.4M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0168% | 1h | 86,444.9 | −0.032% | $715K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0169% | 1h | 86,490.9 | +0.022% | $78K | $218K | 20x | as long as short |
| BloFin BTC-USDT | +0.0195% | 8h | 86,393.3 | −0.091% | $415.5M | $655.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0201% / S −0.0220% | 1h | 86,443.2 | −0.034% | $14.7M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0212% | 8h | 86,466 | −0.007% | $9.4M | $759.2M | 6.4x | as long as short |
Aster BTCUSDT
Injective BTC/USDC PERP
GRVT BTC_USDT_Perp
KuCoin XBTUSDTM
Reya BTCRUSDPERP
BingX BTC-USDC
Gate BTC_USDT
RISEx BTC/USDC
Bitget BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
SoDEX BTC-USD
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP