Settings8H · net · $10k
Funding arb · Price arb /

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Vest against Aevo+0.109%7-day average +0.081% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.109%, 7d avg +0.081%
Together, before fees−0.009%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.027% dearer against Aevo than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,770.60.0064pay 0.0008% / 1h30m 18s$5.0M$636K20x
ShortVest ETH-PERP2,773.60.0095get 0.0012% / 1h30m 18s$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.47
Price spread: +0.109% → +0.081%
$2.72
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Vest: 1 bp × 2 orders
−$2
Net
−$8.81
Costs to cover
0.180%
Break-even
16.5 days
Slippage unknown: Aevo: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 4 min ago4.26 bp12.4 bp −$1230.5 bp −$30568.4 bp −$6,838doesn'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.

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0223%43m2,773.3+0.097%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,772.8+0.079%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.408%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.1+0.091%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0044%1h2,774.2+0.130%$8.9M$32.8M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,773.4+0.102%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,773.2+0.094%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,775.6+0.181%$878K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,774+0.123%$22.4M200xas long as short
Aftermath Perps ETHUSD+0.0012%1h2,776.2+0.201%$29K$22K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0016%8h2,772.8+0.081%$17.4Mas long as short
OKX ETH-USDT-SWAP+0.0020%8h2,772.6+0.071%$1.70B$11.87B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,773.9+0.118%$12.9M200xas long as short
Phemex ETHUSDT+0.0032%8h2,773.2+0.096%$270.4M$69.1M150xas long as short
Aster ETHUSDT+0.0033%8h2,772.7+0.076%$256.3M$1.00B200xas long as short
SoDEX ETH-USD+0.0042%1h2,772.9+0.084%$55.2M$229.1M40xas long as short
Bullet ETH-USD+0.0049%1h2,773.1+0.091%$183K$1.7M20xas long as short
MEXC ETH_USDT+0.0061%8h2,773+0.088%$1.60B$2.65B500xas long as short
Binance ETHUSDT+0.0061%8h2,772.7+0.077%$6.45B$17.28B150xas long as short
Aevo ETH-PERPlong+0.0064%1h2,770.6long leg$5.0M$636K20x
Bitget ETHUSDT+0.0067%8h2,773.3+0.097%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,773.2+0.093%$3.29B$9.64B200xas long as short
Deribit ETH-PERPETUAL+0.0082%1h2,774.8+0.152%$259.0M$222.3M50xas long as short
KuCoin ETHUSDTM+0.0087%8h2,772.9+0.083%$421.2M$739.2M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,774+0.124%$59.9M$4.59B50xas long as short
Bybit ETHUSDT+0.0091%8h2,772.8+0.081%$2.50B$4.63B150xas long as short
Vest ETH-PERPshort+0.0095%1h2,773.6+0.109%$1.1M50x
HTX ETH-USDT+0.0096%8h2,772.9+0.085%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,773.3+0.099%$115.9M$497.7M50xas long as short
Lighter RH ETH+0.0096%1h2,774.8+0.151%$25.3M$121.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,774.3+0.133%$42.0M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,772.1+0.056%$15.9M$10.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.2+0.094%$477K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,773.1+0.090%$14.3M$118.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,775.5+0.177%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,773.1+0.091%$31.2M$310.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771.9+0.047%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,773.8+0.117%$2.8M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.9+0.084%$167.0M$259.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,773.5+0.104%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,773.3+0.097%$147.8M$336.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,773.6+0.108%$182.1M$784.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,774.2+0.130%$161.3M$89.3M50xas long as short
StandX ETH-USD+0.0100%1h2,775.9+0.192%$21.5M$58.7M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.5+0.105%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,773.3+0.098%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,775.8+0.189%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,772.7+0.076%$972K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,772.7+0.078%$32.7M$78.0M50xas long as short
Kalshi KXETHPERP+0.0116%8h2,773.7+0.112%$8.3M$685.3M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,773.8+0.117%$86.4M$333.6M100xas long as short
Orderly PERP_ETH_USDC+0.0140%8h2,776.1+0.199%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0182%8h2,773.3+0.099%$286.5M$194.0M150xas long as short
Reya ETHRUSDPERP+0.0201%1h2,773.2+0.093%$7.4M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,775.3+0.170%$252K$1.6M20xas long as short