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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0019%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Vest against Polymarket Perps+0.011%7-day average +0.007% · 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)−0.016%−$2 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.011%, 7d avg +0.007%
Together, before fees−0.033%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ETH-USD2,764.40.0100pay 0.0013% / 1h18m 21s$10.5M$8.0M50x
ShortVest ETH-PERP2,764.70.0081get 0.0010% / 1h18m 21s$876K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Polymarket Perps. 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
−$3.91
Price spread: +0.011% → +0.007%
$0.44
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$13.48
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 6 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 Polymarket Perps live order book, 6 min ago0.18 bp4.4 bp −$44.8 bp −$4813.7 bp −$1,366doesn'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
Injective ETH/USDC PERP−0.0752%1h2,776.9+0.452%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,763.6−0.029%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,764.2−0.006%$340K$6.3M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,764.2−0.007%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,764.2−0.007%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.275%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,764.7+0.012%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,766.7+0.082%$22.3M200xas long as short
Bullet ETH-USD+0.0018%1h2,765.5+0.040%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,767+0.093%$1.70B$11.14B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0028%1h2,766.6+0.080%$55.1M$188.0M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,766.3+0.070%$12.7M200xas long as short
Aster ETHUSDT+0.0044%8h2,764.5+0.005%$256.0M$885.9M200xas long as short
Gate ETH_USDT+0.0055%8h2,766.9+0.089%$3.38B$9.06B200xas long as short
Aevo ETH-PERP+0.0056%1h2,765.9+0.055%$5.0M$165K20xas long as short
Binance ETHUSDT+0.0057%8h2,766+0.057%$6.47B$16.26B150xas long as short
MEXC ETH_USDT+0.0059%8h2,765+0.021%$1.61B$2.65B500xas long as short
Aftermath Perps ETHUSD+0.0069%1h2,770+0.201%$31K$21K20xas long as short
Bitget ETHUSDT+0.0076%8h2,766.9+0.090%$2.10B$2.87B150xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,769+0.166%$60.3M$4.42B50xas long as short
Vest ETH-PERPshort+0.0081%1h2,764.7+0.011%$876K50x
KuCoin ETHUSDTM+0.0085%8h2,764.1−0.011%$419.8M$619.4M100xas long as short
HTX ETH-USDT+0.0088%8h2,762.4−0.074%$1.07B$1.25B200xas long as short
Lighter ETH+0.0096%1h2,764.3−0.003%$114.7M$458.7M50xas long as short
Lighter RH ETH+0.0096%1h2,765.7+0.045%$25.5M$111.8M50xas long as short
ApeX Omni ETHUSDT+0.0098%1h2,768.2+0.137%$8.7M$32.1M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,766.1+0.063%$15.9M$8.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,764.2−0.007%$487K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,763−0.049%$14.6M$113.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,767.3+0.105%$3.16B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,764.2−0.007%$31.1M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,767.3+0.105%$2.51B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,763.5−0.033%$2.8M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,764.3−0.004%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.031%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,765.3+0.031%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,763.7−0.027%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.150%$137.0M$344.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.1+0.134%$181.7M$785.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.8+0.158%$161.1M$85.1M50xas long as short
StandX ETH-USD+0.0100%1h2,767.9+0.127%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USDlong+0.0100%1h2,764.4long leg$10.5M$8.0M50x
Bluefin ETH-PERP+0.0100%1h2,767.7+0.120%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,768.7+0.156%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,765.3+0.031%$969K$13.0M100xas long as short
Phemex ETHUSDT+0.0100%8h2,763.8−0.021%$269.0M$67.4M150xas long as short
Extended ETH-USD+0.0104%1h2,766.2+0.063%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,765.8+0.049%$36.1M500xas long as short
Kalshi KXETHPERP+0.0109%8h2,767.4+0.109%$8.1M$678.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,769.2+0.172%$97.8M$320.5M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,769.3+0.176%$252K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0155%8h2,769.8+0.194%$32.6M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0158%1h2,768.8+0.157%$259.1M$203.4M50xas long as short
BloFin ETH-USDT+0.0180%8h2,763.6−0.031%$287.3M$178.3M150xas long as short
Reya ETHRUSDPERP+0.0213%1h2,764.40.000%$7.3M$1.1M25xas long as short