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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Vest against Arcus+0.002%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ArcusShort on Vest
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)+0.159%+$16 · spread now +0.002%, 7d avg −0.002%
Together, before fees+0.143%+ Points / potential airdropVest: Active · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus ETH-USD2,767.60.0100pay 0.0013% / 1h22m 44s$2.7M$17.3M25x
ShortVest ETH-PERP2,767.70.0094get 0.0012% / 1h22m 44s—$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Arcus. 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
−$1.36
Price spread: +0.002% → −0.002%
$0.44
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.42
Costs to cover
0.065%
Break-even
never at this rate
Slippage unknown: Arcus: live order book, 1 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 Arcus live order book, 1 min ago0.49 bp3.1 bp −$33.2 bp −$326.0 bp −$600doesn'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−0.0223%43m2,767.2−0.017%$285K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,766.6−0.037%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.515%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,767.2−0.016%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0039%1h2,768.4+0.027%$8.8M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,767.2−0.016%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,769.9+0.083%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.1+0.125%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,768.7+0.039%$22.4M—200xas long as short
BingX ETH-USDT+0.0016%8h2,768.8+0.040%—$1.23B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,771.1+0.126%$1.70B$11.88B100xas long as short
Aftermath Perps ETHUSD+0.0024%1h2,771.6+0.143%$29K$22K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,768.4+0.028%$12.8M—200xas long as short
Aster ETHUSDT+0.0030%8h2,769.7+0.073%$255.6M$1.00B200xas long as short
SoDEX ETH-USD+0.0031%1h2,768.4+0.027%$55.1M$229.0M40xas long as short
Phemex ETHUSDT+0.0037%8h2,769.3+0.061%$270.1M$69.0M150xas long as short
Bullet ETH-USD+0.0044%1h2,767.8+0.007%$182K$1.7M20xas long as short
Aevo ETH-PERP+0.0056%1h2,766.2−0.051%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0057%8h2,770.6+0.106%$6.45B$17.31B150xas long as short
MEXC ETH_USDT+0.0058%8h2,770.6+0.107%$1.61B$2.65B500xas long as short
Bitget ETHUSDT+0.0066%8h2,769.1+0.052%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0069%8h2,768.8+0.040%$3.28B$9.66B200xas long as short
KuCoin ETHUSDTM+0.0083%8h2,770+0.084%$420.9M$739.6M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,770.6+0.106%$60.1M$4.59B50xas long as short
Bybit ETHUSDT+0.0089%8h2,771.3+0.132%$2.50B$4.63B150xas long as short
Vest ETH-PERPshort+0.0094%1h2,767.7+0.002%—$1.1M50x
HTX ETH-USDT+0.0095%8h2,769+0.049%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,771+0.120%$115.1M$499.8M50xas long as short
Lighter RH ETH+0.0096%1h2,771+0.122%$25.2M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,766.8−0.032%—$43.4M500xas long as short
Deribit ETH-PERPETUAL+0.0097%1h2,770.2+0.091%$259.0M$222.4M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.8+0.115%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,766.1−0.056%$475K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,766.5−0.043%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.4+0.136%$3.18B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,771.5+0.141%$31.2M$312.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771.7+0.147%$2.8M$17.2M25xas long as short
Arcus ETH-USDlong+0.0100%1h2,767.6long leg$2.7M$17.3M25x
Bulk ETH-USD+0.0100%1h2,772.9+0.190%$167.0M$259.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.2+0.057%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3+0.097%$147.5M$336.1M—as long as short
edgeX ETHUSDC+0.0100%4h2,768.5+0.029%$181.7M$783.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.2+0.130%$161.1M$89.0M50xas long as short
StandX ETH-USD+0.0100%1h2,768.8+0.042%$21.4M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,767.8+0.006%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,768.8+0.043%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,767.5−0.005%$971K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,770.8+0.115%$42.7M$29.4M15xas long as short
Extended ETH-USD+0.0104%1h2,768.4+0.027%$32.5M$78.2M50xas long as short
Kalshi KXETHPERP+0.0113%8h2,768+0.013%$8.2M$687.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,770.2+0.091%$88.7M$337.1M100xas long as short
Orderly PERP_ETH_USDC+0.0141%8h2,770.9+0.119%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0178%8h2,768.9+0.046%$287.2M$194.3M150xas long as short
Reya ETHRUSDPERP+0.0203%1h2,767.5−0.006%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,768.9+0.046%$251K$1.6M20xas long as short