Funding you earn now, next payment 07:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Coinbase International against Vest−0.036%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 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.036%, 7d avg +0.011%
=Together, before fees+0.069%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.047% cheaper against Vest than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.011%). If the spread goes back, that is −$5 on $10k: about 13 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest ETH-PERP | 2,730.3 | 0.0100 | pay 0.0013% / 1h | 53m 02s | — | $445K | 50x |
| Short | Coinbase International ETH-PERP-INTX | 2,729.3 | 0.0112 | get 0.0014% / 1h | 53m 02s | $46.5M | $4.30B | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. 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
- $2.52
- Price spread: −0.036% → +0.011%
- −$4.75
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$14.23
- Costs to cover
- 0.120%
- Break-even
- 46.5 days
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 1 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 7.4 bp −$741 | 21.6 bp −$10.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ETHUSDT | −0.0132% | 1h | 2,727.7 | −0.096% | $8.6M | $31.6M | 100x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,729.6 | −0.026% | $5K | $1K | 50x | as long as short |
| Phoenix ETH | −0.0015% | 1h | 2,730 | −0.012% | $812K | $3.0M | 25x | as long as short |
| BloFin ETH-USDT | −0.0011% | 8h | 2,728.3 | −0.076% | $281.5M | $177.2M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,728.6 | −0.065% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,730.6 | +0.009% | $10.5M | $42.7M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,729.3 | −0.037% | $6.5M | $681.1M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,728.1 | −0.081% | $287K | $5.8M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,729.2 | −0.041% | $262.4M | $212.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,728.7 | −0.060% | $32.9M | — | 200x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDT | +0.0020% | 8h | 2,728.9 | −0.054% | — | $1.10B | — | as long as short |
| Bybit ETHUSDT | +0.0024% | 8h | 2,728.8 | −0.056% | $2.33B | $4.38B | 150x | as long as short |
| HTX ETH-USDT | +0.0030% | 8h | 2,727.9 | −0.090% | $1.05B | $1.22B | 200x | as long as short |
| 01 Exchange ETHUSD | +0.0040% | 1h | 2,729.7 | −0.023% | $192K | $891K | 50x | as long as short |
| Injective ETH/USDC PERP | +0.0050% | 1h | 2,731.1 | +0.029% | $117K | $20.2M | 52x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0060% | 1h | 2,728.9 | −0.051% | $82.0M | $309.7M | 100x | as long as short |
| KuCoin ETHUSDTM | +0.0068% | 8h | 2,728.2 | −0.077% | $384.7M | $577.7M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0077% | 8h | 2,728.7 | −0.061% | $1.65B | $10.85B | 100x | as long as short |
| Aster ETHUSDT | +0.0081% | 8h | 2,729 | −0.049% | $252.8M | $849.3M | 200x | as long as short |
| MEXC ETH_USDT | +0.0092% | 8h | 2,728.7 | −0.059% | $1.54B | $2.55B | 500x | as long as short |
| Binance ETHUSDT | +0.0093% | 8h | 2,728.9 | −0.052% | $6.31B | $16.15B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,729.2 | −0.040% | $112.5M | $428.9M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,730.4 | +0.001% | $23.5M | $101.8M | 50x | as long as short |
| Hibachi ETH/USDT-P | +0.0096% | 1h | 2,731.5 | +0.043% | $242K | $1.4M | 20x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,725.8 | −0.167% | $4.9M | $179K | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,729 | −0.048% | $502K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,733.7 | +0.123% | $15.4M | $7.8M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,728.9 | −0.052% | $14.0M | $104.8M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,731 | +0.025% | $3.10B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,730 | −0.011% | $32.2M | $333.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,730.5 | +0.007% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,729.7 | −0.022% | $1.5M | $16.0M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,728.9 | −0.053% | $3.30B | $8.84B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,728.9 | −0.054% | $2.10B | $2.77B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,728.6 | −0.064% | $15.0M | $41.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,726.9 | −0.125% | $133.9M | $319.8M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,727.6 | −0.100% | $185.5M | $682.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,729.3 | −0.038% | $158.6M | $83.7M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,729.1 | −0.045% | $21.0M | $70.2M | 40x | as long as short |
| Vest ETH-PERPlong | +0.0100% | 1h | 2,730.3 | long leg | — | $445K | 50x | |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,729.9 | −0.015% | $11.2M | $9.5M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,728 | −0.085% | $185K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,728.9 | −0.053% | $22K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,730.5 | +0.007% | $40.9M | $30.1M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,728.4 | −0.072% | $957K | $10.9M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,728.3 | −0.074% | $54.4M | $187.2M | 40x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,728.9 | −0.051% | $262.9M | $64.5M | 150x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,729 | −0.049% | $162.7M | $352.6M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0102% | 1h | 2,729.9 | −0.015% | $30K | $20K | 20x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,727.2 | −0.113% | $30.4M | $72.9M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0056% | 1h | 2,729.3 | −0.036% | — | $30.5M | 500x | as long as short |
| Coinbase International ETH-PERP-INTXshort | +0.0112% | 1h | 2,729.3 | −0.036% | $46.5M | $4.30B | 50x | |
| RISEx ETH/USDC | +0.0114% | 1h | 2,729.6 | −0.025% | $5.6M | $11.6M | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0185% | 8h | 2,730.3 | −0.002% | $32.2M | $11.3M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0185% | 1h | 2,727.3 | −0.111% | $7.3M | $975K | 25x | as long as short |
Coinbase International ETH-PERP-INTX
ApeX Omni ETHUSDT
Phoenix ETH
BloFin ETH-USDT
GMX ETH/USD [ETH-USDC]
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
Bybit ETHUSDT
HTX ETH-USDT
01 Exchange ETHUSD
Injective ETH/USDC PERP
Kraken Futures PF_ETHUSD
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Phemex ETHUSDT
Bulk ETH-USD
Aftermath Perps ETHUSD
Extended ETH-USD
RISEx ETH/USDC