Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Vest against Coinbase International−0.035%7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.015%+$2 · spread now −0.035%, 7d avg −0.011%
=Together, before fees+0.003%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.024% cheaper against Coinbase International than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ETH-PERP-INTX | 2,773.1 | 0.0080 | pay 0.0010% / 1h | 41m 08s | $60.4M | $4.49B | 50x |
| Short | Vest ETH-PERP | 2,772.1 | 0.0086 | get 0.0011% / 1h | 41m 08s | — | $880K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Coinbase International. 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
- $1.28
- Price spread: −0.035% → −0.011%
- −$2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$13.08
- Costs to cover
- 0.120%
- Break-even
- 78.7 days
Slippage unknown: Coinbase International: 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 Coinbase International live order book, 3 min ago | 0.02 bp | 6.1 bp −$6 | 6.4 bp −$64 | 10.0 bp −$996 | 26.1 bp −$13.1K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ETH/USDC PERP | −0.0752% | 1h | 2,773.2 | +0.003% | $119K | $22.5M | 52x | as long as short |
| RISEx ETH/USDC | −0.0128% | 1h | 2,771.4 | −0.062% | $5.7M | $11.4M | 25x | as long as short |
| Perpl ETH | −0.0112% | 43m | 2,770.7 | −0.089% | $301K | $6.5M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,771.6 | −0.054% | $5K | $1K | 50x | as long as short |
| 01 Exchange ETHUSD | −0.0032% | 1h | 2,771.4 | −0.062% | $168K | $1.1M | 50x | as long as short |
| Phemex ETHUSDT | −0.0013% | 8h | 2,771.7 | −0.051% | $269.9M | $67.6M | 150x | as long as short |
| Phoenix ETH | −0.0003% | 1h | 2,774.6 | +0.054% | $879K | $3.7M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,771.4 | −0.062% | $12.2M | $46.0M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,772 | −0.039% | $22.4M | — | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0022% | 8h | 2,771.3 | −0.064% | $1.71B | $11.37B | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet ETH-USD | +0.0022% | 1h | 2,771.3 | −0.066% | $184K | $1.7M | 20x | as long as short |
| Gate ETH_USDT | +0.0024% | 8h | 2,771.7 | −0.053% | $3.35B | $8.96B | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0025% / S +0.0009% | 1h | 2,771.8 | −0.046% | $12.7M | — | 200x | as long as short |
| SoDEX ETH-USD | +0.0042% | 1h | 2,771.9 | −0.044% | $55.2M | $208.4M | 40x | as long as short |
| Aster ETHUSDT | +0.0043% | 8h | 2,772.1 | −0.037% | $256.8M | $899.1M | 200x | as long as short |
| Aftermath Perps ETHUSD | +0.0050% | 1h | 2,772.5 | −0.022% | $31K | $23K | 20x | as long as short |
| Aevo ETH-PERP | +0.0056% | 1h | 2,769.6 | −0.128% | $5.0M | $165K | 20x | as long as short |
| MEXC ETH_USDT | +0.0058% | 8h | 2,770.5 | −0.093% | $1.63B | $2.63B | 500x | as long as short |
| Binance ETHUSDT | +0.0058% | 8h | 2,771 | −0.076% | $6.47B | $16.58B | 150x | as long as short |
| HTX ETH-USDT | +0.0066% | 8h | 2,771.8 | −0.048% | $1.08B | $1.27B | 200x | as long as short |
| Bitget ETHUSDT | +0.0069% | 8h | 2,771 | −0.076% | $2.10B | $2.92B | 150x | as long as short |
| ApeX Omni ETHUSDT | +0.0079% | 1h | 2,772.6 | −0.018% | $8.7M | $32.4M | 100x | as long as short |
| Coinbase International ETH-PERP-INTXlong | +0.0080% | 1h | 2,773.1 | long leg | $60.4M | $4.49B | 50x | |
| KuCoin ETHUSDTM | +0.0081% | 8h | 2,772.3 | −0.030% | $420.6M | $642.5M | 100x | as long as short |
| Vest ETH-PERPshort | +0.0086% | 1h | 2,772.1 | −0.035% | — | $880K | 50x | |
| Lighter ETH | +0.0096% | 1h | 2,771.6 | −0.055% | $115.2M | $456.7M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,773.4 | +0.011% | $25.3M | $110.1M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,770.4 | −0.098% | $15.9M | $9.1M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,771.3 | −0.065% | $487K | $2.8M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,771.5 | −0.057% | $14.8M | $116.1M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,773.3 | +0.007% | $3.17B | $2.31B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,772.1 | −0.036% | $31.2M | $322.6M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,771.5 | −0.057% | $2.50B | $4.44B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,770.6 | −0.091% | $2.8M | $17.0M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,771.7 | −0.049% | $2.7M | $17.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,769.9 | −0.114% | $170.3M | $272.1M | 25x | as long as short |
| BingX ETH-USDT | +0.0100% | 8h | 2,771.2 | −0.067% | — | $1.22B | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,771.1 | −0.071% | $15.2M | $42.2M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,771.8 | −0.047% | $148.1M | $340.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,772.2 | −0.032% | $182.0M | $785.6M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,774.3 | +0.043% | $161.3M | $85.7M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,774.2 | +0.039% | $21.5M | $60.2M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,771.3 | −0.065% | $10.6M | $8.0M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,772.6 | −0.017% | $21K | $22K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,774.2 | +0.040% | $42.7M | $29.0M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,770.9 | −0.080% | $972K | $13.4M | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0100% | 1h | 2,773.4 | +0.012% | $259.1M | $210.5M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,771.6 | −0.056% | $32.5M | $73.1M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,771.9 | −0.045% | — | $38.3M | 500x | as long as short |
| Kalshi KXETHPERP | +0.0107% | 8h | 2,773.3 | +0.007% | $8.1M | $686.0M | 4.9x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0134% | 1h | 2,773.3 | +0.007% | $93.4M | $322.9M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0148% | 8h | 2,774.8 | +0.061% | $32.7M | $11.6M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0152% | 1h | 2,775.5 | +0.085% | $253K | $1.5M | 20x | as long as short |
| BloFin ETH-USDT | +0.0178% | 8h | 2,771.2 | −0.069% | $287.5M | $187.8M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0209% | 1h | 2,771.3 | −0.065% | $7.3M | $1.2M | 25x | as long as short |
Coinbase International ETH-PERP-INTX
Injective ETH/USDC PERP
RISEx ETH/USDC
01 Exchange ETHUSD
Phemex ETHUSDT
Phoenix ETH
gTrade (Gains Network) ETH/USD
OKX ETH-USDT-SWAP
Bullet ETH-USD
Gate ETH_USDT
GMX ETH/USD [ETH-USDC]
SoDEX ETH-USD
Aster ETHUSDT
Aftermath Perps ETHUSD
MEXC ETH_USDT
Binance ETHUSDT
HTX ETH-USDT
Bitget ETHUSDT
ApeX Omni ETHUSDT
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Bulk ETH-USD
BingX ETH-USDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Deribit ETH-PERPETUAL
Extended ETH-USD
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT