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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.015%
Price spread now: Vest against 01 Exchange+0.019%7-day average +0.008% · 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)+0.045%+$4 on $10k
Price spread, last 4 days (all we have)+0.419%+$42 · spread now +0.019%, 7d avg +0.008%
Together, before fees+0.463%+ Points / potential airdropVest: Active · farm board+$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,7390get 0.0000% / 1h52m 52s$182K$834K50x
ShortVest ETH-PERP2,739.50.0100get 0.0013% / 1h52m 52s$843K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against 01 Exchange. 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
$21.02
Price spread: +0.019% → +0.008%
$1.12
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$13.14
Costs to cover
0.090%
Break-even
2.6 days
Slippage unknown: 01 Exchange: 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 01 Exchange live order book, 6 min ago0.18 bp6.2 bp −$610.4 bp −$104doesn't fitdoesn'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
Perpl ETH−0.0447%43m2,738.4−0.021%$300K$5.5M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,740.3+0.047%$118K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,739.1+0.004%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,739−0.001%$12.0M200xas long as short
dYdX ETH-USD0.0000%1h2,739.5+0.017%$10.8M$41.7M50xas long as short
01 Exchange ETHUSDlong0.0000%1h2,739long leg$182K$834K50x
Phoenix ETH0.0000%1h2,741.2+0.080%$832K$2.9M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,739.2+0.007%$25.4M200xas long as short
BingX ETH-USDC+0.0055%8h2,737.9−0.042%$18.4Mas long as short
Bullet ETH-USD+0.0059%1h2,738.3−0.025%$180K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0062%1h2,738.5−0.018%$54.5M$187.6M40xas long as short
OKX ETH-USDT-SWAP+0.0070%8h2,738−0.035%$1.68B$10.59B100xas long as short
KuCoin ETHUSDTM+0.0073%8h2,738.3−0.027%$380.6M$573.4M100xas long as short
Aster ETHUSDT+0.0084%8h2,738.4−0.022%$253.2M$840.4M200xas long as short
Aevo ETH-PERP+0.0088%1h2,736.3−0.099%$4.9M$154K20xas long as short
MEXC ETH_USDT+0.0091%8h2,737.6−0.051%$1.56B$2.52B500xas long as short
Binance ETHUSDT+0.0091%8h2,737.6−0.051%$6.36B$15.70B150xas long as short
Lighter ETH+0.0096%1h2,738.7−0.010%$112.5M$431.3M50xas long as short
Lighter RH ETH+0.0096%1h2,740.3+0.046%$24.5M$102.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,739.3+0.010%$30.5M500xas long as short
RISEx ETH/USDC+0.0099%1h2,739.1+0.002%$5.6M$11.4M25xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,742.4+0.124%$15.8M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,737.9−0.040%$499K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,738.5−0.017%$13.9M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,740.5+0.055%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,7390.000%$31.7M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,737.8−0.045%$2.43B$4.18B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,738.7−0.011%$2.7M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,738.9−0.004%$2.8M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,740.8+0.064%$166.9M$306.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,738.6−0.016%$3.39B$8.68B200xas long as short
Bitget ETHUSDT+0.0100%8h2,738.2−0.031%$2.08B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,738.5−0.020%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,741+0.071%$133.2M$324.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,739.9+0.031%$182.1M$665.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,737.4−0.060%$159.2M$83.8M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,734.9−0.148%$8.7M$30.7M100xas long as short
StandX ETH-USD+0.0100%1h2,740.7+0.062%$21.2M$69.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,740+0.037%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,740.5+0.055%$41.4M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,737.8−0.043%$961K$11.4M100xas long as short
HTX ETH-USDT+0.0100%8h2,738.4−0.022%$1.06B$1.18B200xas long as short
Phemex ETHUSDT+0.0100%8h2,738.4−0.020%$266.1M$65.1M150xas long as short
Vest ETH-PERPshort+0.0100%1h2,739.5+0.019%$843K50x
Extended ETH-USD+0.0104%1h2,737.6−0.050%$30.6M$72.3M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,740.3+0.049%$51.1M$4.26B50xas long as short
Aftermath Perps ETHUSD+0.0126%1h2,740.1+0.041%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0157%8h2,739.2+0.007%$7.7M$672.7M4.9xas long as short
Orderly PERP_ETH_USDC+0.0195%8h2,741+0.074%$32.2M$11.5M100xas long as short
Deribit ETH-PERPETUAL+0.0195%1h2,740.3+0.048%$260.0M$194.8M50xas long as short
BloFin ETH-USDT+0.0211%8h2,738.4−0.022%$285.5M$172.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,739.4+0.015%$86.0M$309.6M100xas long as short
Reya ETHRUSDPERP+0.0224%1h2,738.2−0.030%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,740.3+0.049%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.1989%1h2,739.3+0.012%$21K$20K25xas long as short