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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.018%
Price spread now: Vest against ApeX Omni+0.091%7-day average +0.026% · 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)+0.101%+$10 on $10k
Price spread, last 4 days (all we have)+0.206%+$21 · spread now +0.091%, 7d avg +0.026%
Together, before fees+0.307%+ Points / potential airdropVest: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 0.065% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,748.2−0.0014get 0.0002% / 1h28m 43s$8.7M$31.6M100x
ShortVest ETH-PERP2,750.70.0100get 0.0013% / 1h28m 43s$869K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against ApeX Omni. 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
$23.96
Price spread: +0.091% → +0.026%
$6.47
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$18.43
Costs to cover
0.120%
Break-even
1.6 days
Slippage unknown: ApeX Omni: live order book, just now; 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 ApeX Omni live order book, just now0.07 bp5.1 bp −$55.7 bp −$5725.7 bp −$2,57046.9 bp −$23.4K
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 54 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−0.0447%43m2,751.1+0.103%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.3+0.039%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,750.5+0.084%$5.6M$11.3M25xas long as short
ApeX Omni ETHUSDTlong−0.0014%1h2,748.2long leg$8.7M$31.6M100x
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,748.5+0.011%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,749.4+0.043%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,749.2+0.036%$10.8M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,748.1−0.005%$22.2M200xas long as short
01 Exchange ETHUSD+0.0016%1h2,750.5+0.083%$181K$1.1M50xas long as short
BingX ETH-USDT+0.0033%8h2,749.4+0.043%$1.19Bas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0045%8h2,749.5+0.047%$1.69B$11.00B100xas long as short
HTX ETH-USDT+0.0047%8h2,746.5−0.062%$1.07B$1.21B200xas long as short
Aster ETHUSDT+0.0066%8h2,749.3+0.039%$253.0M$857.6M200xas long as short
Aevo ETH-PERP+0.0072%1h2,745.2−0.111%$4.9M$168K20xas long as short
MEXC ETH_USDT+0.0073%8h2,749.7+0.054%$1.57B$2.56B500xas long as short
KuCoin ETHUSDTM+0.0073%8h2,749.6+0.048%$381.9M$605.7M100xas long as short
Binance ETHUSDT+0.0076%8h2,749.7+0.054%$6.36B$16.23B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,748−0.009%$59.0M$4.37B50xas long as short
Bitget ETHUSDT+0.0091%8h2,749.2+0.035%$2.08B$2.85B150xas long as short
Lighter ETH+0.0096%1h2,749.5+0.047%$113.0M$442.5M50xas long as short
Lighter RH ETH+0.0096%1h2,750.9+0.098%$24.9M$107.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,751.5+0.120%$35.4M500xas long as short
Gate ETH_USDT+0.0096%8h2,749.6+0.051%$3.39B$8.87B200xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,754.2+0.216%$15.9M$8.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,749.8+0.057%$469K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,751.2+0.108%$14.0M$113.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,751.7+0.126%$3.13B$2.12B25xas long as short
Pacifica ETH+0.0100%1h2,750+0.064%$31.5M$333.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,749.6+0.049%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,748.8+0.021%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,750.5+0.081%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,747.1−0.043%$15.1M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,747.4−0.029%$133.1M$346.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,747.9−0.013%$181.7M$730.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,745.8−0.088%$159.7M$84.5M50xas long as short
StandX ETH-USD+0.0100%1h2,750+0.064%$21.3M$67.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,749.6+0.050%$10.7M$8.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,748.2−0.001%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,748.4+0.007%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,748.9+0.025%$41.8M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,747.3−0.035%$962K$12.4M100xas long as short
SoDEX ETH-USD+0.0100%1h2,746.9−0.048%$54.7M$187.6M40xas long as short
Phemex ETHUSDT+0.0100%8h2,747.1−0.041%$267.0M$66.0M150xas long as short
Bulk ETH-USD+0.0100%1h2,743.9−0.156%$165.5M$306.7M25xas long as short
Vest ETH-PERPshort+0.0100%1h2,750.7+0.091%$869K50x
Aftermath Perps ETHUSD+0.0103%1h2,748−0.008%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,747.9−0.010%$30.5M$74.1M50xas long as short
Deribit ETH-PERPETUAL+0.0114%1h2,748.2−0.002%$258.5M$200.3M50xas long as short
Kalshi KXETHPERP+0.0139%8h2,750.8+0.094%$7.7M$674.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0169%8h2,750.2+0.070%$32.3M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0200%1h2,750.4+0.079%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,747.9−0.012%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0219%1h2,748.3+0.001%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,747.4−0.031%$89.9M$316.4M100xas long as short