Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Paradex against Vest−0.023%48s7-day average +0.002% · 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 7 days+0.023%+$2 · spread now −0.023%, 7d avg +0.002%
=Together, before fees+0.055%+ Points / potential airdropVest: Active · Paradex: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.026% cheaper against Vest than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 48 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 | Vest BTC-PERP | 85,588.4 | 0.0100 | pay 0.0013% / 1h | 16m 38s | — | $10.7M | 50x |
| Short | Paradex BTC-USD-PERP | 85,568.3 | 0.0100 | get 0.0100% / 8h | 1h 16m | $5.8M | $9.6M | 50x |
Vest BTC-PERP
Paradex BTC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $0
- Price spread: −0.023% → +0.002%
- −$2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.55
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Paradex: live order book, 3 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 Paradex live order book, 3 min ago | 1.12 bp | 3.1 bp −$3 | 3.1 bp −$31 | 184.0 bp −$18.4K | 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.
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,513 | −0.088% | $2.2M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,505 | −0.097% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0038% | 8h | 85,513.5 | −0.088% | $929.7M | $775.3M | 125x | as long as short |
| BloFin BTC-USDT | −0.0022% | 8h | 85,517.2 | −0.083% | $420.1M | $682.9M | 150x | as long as short |
| Aster BTCUSDT | −0.0003% | 8h | 85,501.6 | −0.101% | $513.5M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,491.8 | −0.113% | $353K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,539.1 | −0.058% | $490K | $18.4M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,517.7 | −0.083% | $16.8M | $21.2M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,530.2 | −0.068% | $36.6M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0041% | 1h | 85,515.4 | −0.085% | $24.3M | $222.6M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit BTC-PERPETUAL | +0.0049% | 1h | 85,551.3 | −0.043% | $861.5M | $1.63B | 50x | as long as short |
| Popdex BTCUSDT | +0.0056% | 1h | 85,513 | −0.088% | $8.4M | $56.7M | 100x | as long as short |
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,247 | −0.399% | $338K | $26.8M | 52x | as long as short |
| BingX BTC-USDC | +0.0072% | 8h | 85,471.4 | −0.137% | — | $17.5M | — | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,531.3 | −0.067% | $186.2M | $960.0M | 100x | as long as short |
| Bitget BTCUSDT | +0.0091% | 8h | 85,479.3 | −0.127% | $2.97B | $5.17B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,519.1 | −0.081% | $170.2M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,519.6 | −0.080% | $23.6M | $148.4M | 50x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,513.5 | −0.088% | $2.4M | $6.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0097% | 8h | 85,483.4 | −0.123% | $5.03B | $5.77B | 500x | as long as short |
| Binance BTCUSDT | +0.0098% | 8h | 85,509.4 | −0.092% | $9.43B | $24.98B | 150x | as long as short |
| Bybit BTCUSDT | +0.0098% | 8h | 85,476.5 | −0.131% | $5.15B | $10.00B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,465 | −0.144% | $243K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERPshort | +0.0100% | 8h | 85,568.3 | −0.023% | $5.8M | $9.6M | 50x | |
| Hyperliquid BTC | +0.0100% | 1h | 85,599 | +0.012% | $3.75B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,526 | −0.073% | $40.1M | $603.8M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,487.1 | −0.118% | $2.60B | $12.25B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,463 | −0.147% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,472.1 | −0.136% | $5.1M | $97.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,499.5 | −0.104% | $686.3M | $379.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,482.8 | −0.123% | $5.57B | $11.06B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,508.4 | −0.093% | $37.3M | $179.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,463.4 | −0.146% | $155.5M | $557.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,506.8 | −0.095% | $280.1M | $952.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,525 | −0.074% | $214.7M | $164.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,499.2 | −0.104% | $139.8M | $313.4M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,523 | −0.076% | $30.1M | $205.6M | 40x | as long as short |
| Vest BTC-PERPlong | +0.0100% | 1h | 85,588.4 | long leg | — | $10.7M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,523 | −0.076% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,523.1 | −0.076% | $201K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,519.4 | −0.081% | $2.6M | $9.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,561.9 | −0.031% | $194K | $796K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,517 | −0.083% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,517 | −0.083% | $59.9M | $336.8M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,514.7 | −0.086% | $2.26B | $966.7M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,524.3 | −0.075% | $154.5M | $512.1M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,451.3 | −0.160% | $44.9M | $240.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,529 | −0.069% | — | $104.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,550.6 | −0.044% | $114.5M | $5.50B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0131% | 1h | 85,513 | −0.088% | $6.6M | $147.7M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0184% | 8h | 85,540 | −0.057% | $12.0M | $742.0M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,506.3 | −0.096% | $8.8M | $42.7M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0200% / S −0.0176% | 1h | 85,529.2 | −0.069% | $13.1M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,537.7 | −0.059% | $685K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0249% | 1h | 85,501.9 | −0.101% | $79K | $230K | 20x | as long as short |
Deribit BTC-PERPETUAL
Popdex BTCUSDT
Injective BTC/USDC PERP
BingX BTC-USDC
Kraken Futures PF_XBTUSD
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Bybit BTCUSDT
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD