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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.032%
Price spread now: BloFin against Vest−0.142%7-day average −0.020% · 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)+0.095%+$10 on $10k
Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.142%, 7d avg −0.020%
Together, before fees+0.179%+ Points / potential airdropVest: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.121% cheaper against Vest than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of −0.020%). If the spread goes back, that is −$12 on $10k: about 5.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest ETH-PERP2,7740.0097pay 0.0012% / 1h4m 01s$1.1M50x
ShortBloFin ETH-USDT2,7700.0175get 0.0175% / 8h4m 01s$286.6M$193.5M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Vest. 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
$16.34
Price spread: −0.142% → −0.020%
−$12.14
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.8
Costs to cover
0.140%
Break-even
11.2 days
Slippage unknown: Vest: no order-book sample; BloFin: live order book, 5 min ago. 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 Vest no order-book sample
Sell BloFin live order book, 5 min ago0.02 bp6.0 bp −$66.1 bp −$616.8 bp −$6827.6 bp −$3,805
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%43m2,773.7−0.010%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,774+0.003%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.427%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,772.4−0.056%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0021%1h2,769.3−0.169%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,774.4+0.016%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,774.1+0.005%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.5−0.089%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,775.9+0.070%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0021%8h2,775.8+0.066%$1.71B$11.91B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0024%8h2,775.1+0.040%$270.5M$68.7M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,775.7+0.062%$12.8M200xas long as short
SoDEX ETH-USD+0.0030%1h2,774.9+0.034%$55.3M$228.7M40xas long as short
Aftermath Perps ETHUSD+0.0030%1h2,772−0.071%$29K$22K20xas long as short
Aster ETHUSDT+0.0032%8h2,776+0.074%$256.3M$1.00B200xas long as short
Bullet ETH-USD+0.0034%1h2,774.9+0.035%$182K$1.7M20xas long as short
MEXC ETH_USDT+0.0054%8h2,775.4+0.051%$1.62B$2.67B500xas long as short
Binance ETHUSDT+0.0054%8h2,776.6+0.095%$6.47B$17.29B150xas long as short
Aevo ETH-PERP+0.0056%1h2,773.3−0.024%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,775.9+0.070%$2.11B$3.10B150xas long as short
Gate ETH_USDT+0.0067%8h2,775.7+0.062%$3.29B$9.70B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,775.6+0.060%$421.8M$738.3M100xas long as short
Bybit ETHUSDT+0.0088%8h2,776.4+0.086%$2.51B$4.62B150xas long as short
BingX ETH-USDT+0.0088%8h2,775.7+0.061%$1.24Bas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,777.1+0.114%$60.7M$4.60B50xas long as short
Nado ETH-PERP+0.0092%1h2,774.5+0.021%$14.3M$118.2M50xas long as short
HTX ETH-USDT+0.0093%8h2,774.7+0.027%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,775.5+0.057%$115.2M$501.9M50xas long as short
Lighter RH ETH+0.0096%1h2,776.8+0.102%$25.3M$122.1M50xas long as short
Vest ETH-PERPlong+0.0097%1h2,774long leg$1.1M50x
Deribit ETH-PERPETUAL+0.0099%1h2,776.4+0.088%$259.1M$222.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,773.3−0.024%$15.9M$10.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.5−0.016%$483K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,778+0.146%$3.18B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,774.2+0.009%$31.3M$316.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771.3−0.096%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,774.7+0.027%$2.7M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.4−0.164%$169.4M$262.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,775.9+0.069%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5−0.196%$148.3M$337.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,769.8−0.150%$181.8M$784.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.9−0.109%$161.1M$89.5M50xas long as short
StandX ETH-USD+0.0100%1h2,770.8−0.114%$21.4M$58.7M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,774.8+0.030%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,776+0.072%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,774.2+0.010%$973K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,777.5+0.129%$42.8M$29.4M15xas long as short
Kalshi KXETHPERP+0.0101%8h2,772.3−0.060%$8.4M$688.6M4.9xas long as short
Extended ETH-USD+0.0104%1h2,774.1+0.005%$32.5M$78.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,773.8−0.007%$43.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,776.8+0.102%$90.8M$338.2M100xas long as short
Orderly PERP_ETH_USDC+0.0144%8h2,778.1+0.149%$32.6M$12.2M100xas long as short
BloFin ETH-USDTshort+0.0175%8h2,770−0.142%$286.6M$193.5M150x
Hibachi ETH/USDT-P+0.0200%1h2,771.5−0.088%$252K$1.6M20xas long as short
Reya ETHRUSDPERP+0.0206%1h2,774.2+0.010%$7.4M$1.2M25xas long as short