Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against Coinbase International+0.062%7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.062%, 7d avg −0.012%
=Together, before fees−0.080%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.074% dearer against Coinbase International than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.012%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ETH-PERP-INTX | 2,731.2 | 0.0120 | pay 0.0015% / 1h | 25m 55s | $50.9M | $4.28B | 50x |
| Short | Vest ETH-PERP | 2,732.9 | 0.0100 | get 0.0013% / 1h | 25m 55s | — | $844K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Coinbase International. 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
- −$4.2
- Price spread: +0.062% → −0.012%
- $7.43
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$8.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 3 min ago | 0.02 bp | 5.0 bp −$5 | 5.9 bp −$59 | 9.3 bp −$929 | 26.3 bp −$13.1K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0335% | 43m | 2,731.8 | +0.021% | $297K | $5.6M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,732.5 | +0.048% | $5K | $1K | 50x | as long as short |
| HTX ETH-USDT | −0.0011% | 8h | 2,729.2 | −0.072% | $1.06B | $1.20B | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,731.1 | −0.003% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,739 | +0.286% | $821K | $2.9M | 25x | as long as short |
| dYdX ETH-USD | +0.0004% | 1h | 2,732.8 | +0.059% | $10.7M | $42.0M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,731.2 | +0.002% | $28.0M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0026% | 1h | 2,730.7 | −0.018% | $178K | $1.7M | 20x | as long as short |
| BingX ETH-USDT | +0.0033% | 8h | 2,730.5 | −0.026% | — | $1.14B | — | as long as short |
| Bybit ETHUSDT | +0.0039% | 8h | 2,730.1 | −0.040% | $2.37B | $4.37B | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,732.6 | +0.052% | $186K | $816K | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0067% | 8h | 2,730.2 | −0.035% | $379.9M | $573.6M | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0069% | 1h | 2,731.7 | +0.020% | $259.5M | $200.2M | 50x | as long as short |
| SunX ETH-USDT | +0.0070% | 8h | 2,731.1 | −0.003% | $957K | $11.2M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0076% | 8h | 2,730.3 | −0.034% | $1.67B | $10.73B | 100x | as long as short |
| Aster ETHUSDT | +0.0081% | 8h | 2,730.6 | −0.022% | $250.8M | $841.0M | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0085% | 1h | 2,737.8 | +0.241% | $8.7M | $31.2M | 100x | as long as short |
| Phemex ETHUSDT | +0.0085% | 8h | 2,731.2 | +0.002% | $264.8M | $65.1M | 150x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,729.4 | −0.064% | $4.9M | $155K | 20x | as long as short |
| Binance ETHUSDT | +0.0089% | 8h | 2,730.3 | −0.031% | $6.34B | $15.92B | 150x | as long as short |
| MEXC ETH_USDT | +0.0091% | 8h | 2,730.5 | −0.025% | $1.55B | $2.57B | 500x | as long as short |
| SoDEX ETH-USD | +0.0094% | 1h | 2,730.6 | −0.021% | $54.4M | $187.7M | 40x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,730.9 | −0.009% | $112.5M | $433.2M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,732.3 | +0.042% | $23.4M | $104.4M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,732.3 | +0.040% | — | $31.0M | 500x | as long as short |
| Injective ETH/USDC PERP | +0.0096% | 1h | 2,733.1 | +0.070% | $117K | $22.5M | 52x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,731.8 | +0.023% | $506K | $3.3M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,733.8 | +0.097% | $15.6M | $8.0M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,731.9 | +0.028% | $13.8M | $104.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,732.8 | +0.059% | $3.10B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,733.2 | +0.073% | $31.8M | $333.7M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,731.5 | +0.012% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,732.6 | +0.053% | $1.5M | $16.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,736.4 | +0.192% | $170.3M | $327.0M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,730.6 | −0.023% | $3.33B | $8.89B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,730.4 | −0.029% | $2.07B | $2.73B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,730.6 | −0.022% | $15.2M | $40.3M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,729.6 | −0.057% | $133.3M | $321.8M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,734.7 | +0.127% | $184.0M | $670.2M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,734.6 | +0.127% | $159.1M | $86.9M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,735.1 | +0.144% | $21.1M | $69.3M | 40x | as long as short |
| Vest ETH-PERPshort | +0.0100% | 1h | 2,732.9 | +0.062% | — | $844K | 50x | |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,733.1 | +0.070% | $11.2M | $9.3M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,731.4 | +0.009% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,732.6 | +0.053% | $41.2M | $29.9M | 15x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,729.7 | −0.055% | $30.6M | $73.1M | 50x | as long as short |
| RISEx ETH/USDC | +0.0107% | 1h | 2,732.5 | +0.047% | $5.6M | $11.8M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0109% | 1h | 2,735.2 | +0.147% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0119% | 8h | 2,732.2 | +0.037% | $6.5M | $684.1M | 4.9x | as long as short |
| Coinbase International ETH-PERP-INTXlong | +0.0120% | 1h | 2,731.2 | long leg | $50.9M | $4.28B | 50x | |
| Kraken Futures PF_ETHUSD | +0.0153% | 1h | 2,731.2 | −0.001% | $83.2M | $315.1M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0195% | 8h | 2,733.1 | +0.071% | $32.1M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0210% | 1h | 2,730.8 | −0.013% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0248% | 1h | 2,733.4 | +0.080% | $244K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0365% | 8h | 2,732 | +0.030% | $282.9M | $174.9M | 150x | as long as short |
Coinbase International ETH-PERP-INTX
HTX ETH-USDT
GMX ETH/USD [ETH-USDC]
Phoenix ETH
gTrade (Gains Network) ETH/USD
Bullet ETH-USD
BingX ETH-USDT
Bybit ETHUSDT
01 Exchange ETHUSD
KuCoin ETHUSDTM
Deribit ETH-PERPETUAL
SunX ETH-USDT
OKX ETH-USDT-SWAP
Aster ETHUSDT
ApeX Omni ETHUSDT
Phemex ETHUSDT
Binance ETHUSDT
MEXC ETH_USDT
SoDEX ETH-USD
Lighter ETH
Lighter RH ETH
Injective ETH/USDC PERP
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
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
Bluefin ETH-PERP
Derive ETH-PERP
Extended ETH-USD
RISEx ETH/USDC
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT