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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Vest against gTrade (Gains Network)−0.003%7-day average +0.010% · you buy dearer than you sell
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)+0.080%+$8 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.003%, 7d avg +0.010%
Together, before fees+0.037%+ Points / potential airdropVest: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ETH/USD2,731.6L +0.0007% / S −0.0007%pay 0.0001% / 1h19m 03s$32.9M200x
ShortVest ETH-PERP2,731.60.0100get 0.0013% / 1h19m 03s$875K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against gTrade (Gains Network). 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
$19.56
Price spread: −0.003% → +0.010%
−$1.32
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$9.24
Costs to cover
0.090%
Break-even
3.7 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 5 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago0.53 bp4.0 bp −$44.1 bp −$415.0 bp −$5008.9 bp −$4,443
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−0.0447%43m2,729.9−0.064%$281K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,730.7−0.034%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,731.2−0.016%$12.0M200xas long as short
Phoenix ETH−0.0009%1h2,725.4−0.228%$815K$3.0M25xas long as short
HTX ETH-USDT−0.0005%8h2,731.2−0.017%$1.05B$1.22B200xas long as short
gTrade (Gains Network) ETH/USDlongL +0.0007% / S −0.0007%1h2,731.6long leg$32.9M200x
dYdX ETH-USD+0.0007%1h2,730.7−0.035%$10.4M$42.6M50xas long as short
Injective ETH/USDC PERP+0.0009%1h2,717.1−0.532%$117K$22.5M52xas long as short
BingX ETH-USDT+0.0035%8h2,732.1+0.016%$1.13Bas long as short
01 Exchange ETHUSD+0.0040%1h2,730.6−0.038%$190K$841K50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0042%8h2,731−0.025%$2.35B$4.41B150xas long as short
SunX ETH-USDT+0.0075%8h2,730.7−0.034%$957K$11.1M100xas long as short
KuCoin ETHUSDTM+0.0077%8h2,731.6−0.001%$375.3M$577.7M100xas long as short
Bullet ETH-USD+0.0077%1h2,730.9−0.027%$181K$1.7M20xas long as short
Phemex ETHUSDT+0.0087%8h2,731.7+0.003%$263.3M$65.0M150xas long as short
Aster ETHUSDT+0.0087%8h2,731.5−0.006%$252.7M$846.0M200xas long as short
Aftermath Perps ETHUSD+0.0089%1h2,724.3−0.270%$30K$20K20xas long as short
MEXC ETH_USDT+0.0092%8h2,730.9−0.026%$1.54B$2.60B500xas long as short
Binance ETHUSDT+0.0094%8h2,731.7+0.002%$6.33B$16.12B150xas long as short
Lighter ETH+0.0096%1h2,731.8+0.005%$112.5M$435.4M50xas long as short
Lighter RH ETH+0.0096%1h2,732.8+0.043%$23.5M$104.0M50xas long as short
Aevo ETH-PERP+0.0096%1h2,729.2−0.090%$4.9M$155K20xas long as short
OKX ETH-USDT-SWAP+0.0097%8h2,731−0.023%$1.66B$10.87B100xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,720.3−0.414%$8.6M$31.4M100xas long as short
Katana Perps ETH-USD+0.0100%8h2,729.5−0.078%$504K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,733.5+0.067%$15.2M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,730.6−0.037%$14.1M$105.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,734+0.086%$3.09B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,730.3−0.050%$32.0M$333.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,729.6−0.075%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,730.7−0.034%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,722.5−0.334%$160.0M$319.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,732.1+0.017%$3.29B$9.02B200xas long as short
Bitget ETHUSDT+0.0100%8h2,731.2−0.018%$2.08B$2.79B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,731.3−0.014%$15.0M$42.2M50xas long as short
Variational Omni ETH+0.0100%8h2,724.5−0.262%$133.3M$327.5Mas long as short
edgeX ETHUSDC+0.0100%4h2,725.3−0.230%$184.6M$678.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,720.5−0.409%$158.2M$86.9M50xas long as short
StandX ETH-USD+0.0100%1h2,728.8−0.104%$21.0M$70.0M40xas long as short
Vest ETH-PERPshort+0.0100%1h2,731.6−0.003%$875K50x
Polymarket Perps ETH-USD+0.0100%1h2,732.2+0.021%$11.2M$9.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,731.7+0.003%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,733.1+0.053%$41.0M$30.2M15xas long as short
SoDEX ETH-USD+0.0100%1h2,731.4−0.009%$54.4M$187.7M40xas long as short
Extended ETH-USD+0.0104%1h2,730.3−0.047%$30.4M$74.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,731.4−0.010%$31.3M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,732.4+0.029%$49.8M$4.31B50xas long as short
RISEx ETH/USDC+0.0108%1h2,730.6−0.037%$5.6M$11.8M25xas long as short
Kalshi KXETHPERP+0.0149%8h2,730.8−0.031%$6.9M$692.5M4.9xas long as short
Deribit ETH-PERPETUAL+0.0175%1h2,732.6+0.034%$259.3M$207.9M50xas long as short
Kraken Futures PF_ETHUSD+0.0176%1h2,732+0.012%$83.2M$311.5M100xas long as short
Orderly PERP_ETH_USDC+0.0188%8h2,733.5+0.068%$32.1M$11.5M100xas long as short
Reya ETHRUSDPERP+0.0199%1h2,730.3−0.051%$7.3M$1.3M25xas long as short
Hibachi ETH/USDT-P+0.0272%1h2,729.6−0.076%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0376%8h2,731−0.022%$281.5M$174.8M150xas long as short