Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.1% APRpaid last 24h −0.003%
Price spread now: Vest against Variational Omni−0.195%7-day average +0.105% · 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)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.195%, 7d avg +0.105%
=Together, before fees+0.046%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.300% cheaper against Variational Omni than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.105%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COIN | 195.51 | 0 | get 0.0000% / 8h | 9m 14s | $692K | $991K | — |
| Short | Vest COIN-USD-PERP | 195.13 | −0.0046 | pay 0.0006% / 1h | 9m 14s | — | $326K | 25x |
Variational Omni COIN
Vest COIN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Variational Omni. 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
- −$9.74
- Price spread: −0.195% → +0.105%
- −$29.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$41.74
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 20 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 Variational Omni RFQ quote, 20 min ago | 2.86 bp | doesn't fit | 31.1 bp −$311 | 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 | 195.45 | −0.031% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0341% | 8h | 195.78 | +0.138% | $6.3M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERPshort | −0.0046% | 1h | 195.13 | −0.195% | — | $326K | 25x | |
| Aster COINUSDT | 0.0000% | 8h | 195.39 | −0.062% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.54 | +0.015% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.60 | +0.046% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.66 | +0.076% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COINlong | 0.0000% | 8h | 195.51 | long leg | $692K | $991K | — | |
| GRVT COIN_USDT_Perp | +0.0001% | 8h | 195.57 | +0.030% | $15K | $2.9M | 10x | as long as short |
| Binance COINUSDT | +0.0020% | 8h | 195.52 | +0.005% | $15.0M | $82.1M | 20x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
GRVT COIN_USDT_Perp
Binance COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | +0.0024% | 1h | 195.48 | −0.015% | $104K | $860K | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.48 | −0.016% | $465K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.74 | +0.117% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.37 | −0.072% | $15.1M | $12.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.49 | −0.011% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.52 | +0.005% | $84 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.36 | −0.077% | $450K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.60 | +0.046% | $1.3M | $2.9M | 10x | as long as short |
| BloFin COIN-USDT | +0.0081% | 8h | 195.58 | +0.036% | $187K | $434K | 20x | as long as short |
| Lighter COIN | +0.0096% | 1h | 195.49 | −0.013% | $363K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.41 | −0.051% | $985K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.44 | −0.036% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.49 | −0.011% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.52 | +0.003% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | −0.036% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0681% | 4h | 195.50 | −0.007% | $50K | $294K | 10x | as long as short |
Extended COIN_24_5-USD
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
BloFin COIN-USDT
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC