Funding you earn now, next payment 10:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%
Price spread now: Bybit against Vest−0.107%7-day average −0.236% · 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)−0.260%−$26 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.107%, 7d avg −0.236%
=Together, before fees−0.405%+ Points / potential airdropVest: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.129% dearer against Vest than usual: you sell high and buy low (spread −0.107% now, against its 7-day average of −0.236%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 4 days (−0.260% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EUR-USD-PERP | 1.1491 | 0.0046 | pay 0.0006% / 1h | 15m 38s | — | $202K | 100x |
| Short | Bybit EURUSDUSDT | 1.1479 | 0 | get 0.0000% / 8h | 6h 15m | $641K | $341K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$9.59
- Price spread: −0.107% → −0.236%
- $12.88
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.72
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 32 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 Bybit live order book, 32 min ago | 3.66 bp | 15.8 bp −$16 | 43.7 bp −$437 | doesn't fit | 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.
EUR on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0164% | 4h | 1.1461 | −0.263% | $6.8M | $142K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0140% | 1h | 1.1456 | −0.308% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERP | −0.0032% | 1h | 1.1463 | −0.244% | $191K | $301K | 40x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1468 | −0.205% | $2.1M | $517K | 50x | as long as short |
| Bybit EURUSDUSDTshort | 0.0000% | 8h | 1.1479 | −0.107% | $641K | $341K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1463 | −0.245% | $144K | $3K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1459 | −0.280% | $247K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1464 | −0.236% | — | $1.8M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1466 | −0.219% | $12K | $276K | 20x | as long as short |
| Bitget EURUSDUSDT | +0.0028% | 8h | 1.1470 | −0.184% | $263K | $27K | 100x | as long as short |
Show all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USD | +0.0032% | 1h | 1.1459 | −0.276% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.216% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERPlong | +0.0046% | 1h | 1.1491 | long leg | — | $202K | 100x | |
| tradeXYZ xyz:EUR | +0.0085% | 1h | 1.1463 | −0.245% | $23.2M | $2.0M | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1459 | −0.276% | $191K | $60K | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0104% | 1h | 1.1464 | −0.236% | $33K | — | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1464 | −0.235% | $12K | — | 10x | as long as short |
| Hibachi EUR/USDT-P | +0.0424% | 1h | 1.1462 | −0.253% | $155K | $8.1M | 30x | as long as short |
Bybit EURUSDUSDT
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Lighter EURUSD
Gate EURUSD_USDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Bitget EURUSDUSDT
Extended EUR-USD
Injective EURUSD/USDC PERP
tradeXYZ xyz:EUR
Pacifica EURUSD