Funding you earn now, next payment 09:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.009%
Price spread now: Vest against QFEX−0.251%7-day average +0.114% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.251%, 7d avg +0.114%
=Together, before fees+0.293%+ Points / potential airdropVest: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.364% cheaper against QFEX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 195.38 | 0.0047 | pay 0.0006% / 1h | 34m 55s | $1.3M | $2.8M | 10x |
| Short | Vest COIN-USD-PERP | 194.89 | −0.0061 | pay 0.0008% / 1h | 34m 55s | — | $324K | 25x |
QFEX COIN-USD
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against QFEX. 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
- −$22.66
- Price spread: −0.251% → +0.114%
- −$36.43
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$71.1
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: QFEX: 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 QFEX live order book, 3 min ago | 2.30 bp | 7.4 bp −$7 | 10.7 bp −$107 | doesn't fit | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 194.87 | −0.261% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0120% | 8h | 195.48 | +0.051% | $6.3M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERPshort | −0.0061% | 1h | 194.89 | −0.251% | — | $324K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 195.53 | +0.078% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.35 | −0.015% | $4.7M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.30 | −0.041% | $3.0M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.35 | −0.015% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.35 | −0.014% | $658K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.57 | +0.097% | $19K | $3.0M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 195.25 | −0.069% | $359K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.24 | −0.072% | $467K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 195.31 | −0.036% | $104K | $860K | 10x | as long as short |
| Binance COINUSDT | +0.0035% | 8h | 195.36 | −0.010% | $14.8M | $81.5M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.59 | +0.107% | $17K | $57K | 5x | as long as short |
| QFEX COIN-USDlong | +0.0047% | 1h | 195.38 | long leg | $1.3M | $2.8M | 10x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.26 | −0.061% | $15.1M | $12.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.12 | −0.133% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.27 | −0.056% | $77 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.25 | −0.067% | $430K | $2.5M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.30 | −0.041% | $983K | $183K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.35 | −0.015% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.32 | −0.031% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.27 | −0.057% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0140% | 8h | 195.30 | −0.041% | $187K | $473K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.41 | +0.015% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0462% | 4h | 195.55 | +0.086% | $50K | $294K | 10x | as long as short |
Lighter RH COIN
Extended COIN_24_5-USD
Binance COINUSDT
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