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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Extended+0.059%7-day average +0.065% · 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 4 days (all we have)−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.272%+$27 · spread now +0.059%, 7d avg +0.065%
Together, before fees+0.252%+ Points / potential airdropExtended: Active · Vest: Active · farm board+$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,747.70.0104pay 0.0013% / 1h53m 40s$30.5M$65.2M50x
ShortVest ETH-PERP2,749.40.0100get 0.0013% / 1h53m 40s$348K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Extended. 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
−$0.84
Price spread: +0.059% → +0.065%
−$0.62
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$8.46
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago0.18 bp2.7 bp −$32.7 bp −$275.2 bp −$51714.1 bp −$7,041
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 54 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi ETH/USDT-P−0.0120%1h2,748.6+0.030%$235K$1.2M20xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.4+0.060%$5K$1K50xas long as short
Phoenix ETH−0.0023%1h2,750+0.082%$809K$2.8M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0009% / S +0.0043%1h2,747.4−0.011%$12.2M200xas long as short
Kalshi KXETHPERP0.0000%8h2,748.2+0.017%$7.2M$661.1M4.9xas long as short
Perpl ETH0.0000%43m2,747.9+0.004%$269K$5.0M8.3xas long as short
Bybit ETHUSDT+0.0005%8h2,747.7−0.001%$2.37B$3.81B150xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,747.4−0.013%$33.2M200xas long as short
ApeX Omni ETHUSDT+0.0024%1h2,748.5+0.028%$8.3M$25.3M100xas long as short
OKX ETH-USDT-SWAP+0.0068%8h2,747.5−0.007%$1.67B$9.24B100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0072%1h2,748.4+0.024%$182K$932K50xas long as short
Gate ETH_USDT+0.0083%8h2,748.1+0.014%$3.27B$7.68B200xas long as short
Aster ETHUSDT+0.0084%8h2,748+0.008%$257.9M$720.7M200xas long as short
KuCoin ETHUSDTM+0.0088%8h2,747.9+0.007%$365.2M$441.2M100xas long as short
Aevo ETH-PERP+0.0088%1h2,745.3−0.089%$4.9M$214K20xas long as short
MEXC ETH_USDT+0.0089%8h2,747.8+0.001%$1.60B$2.34B500xas long as short
Binance ETHUSDT+0.0090%8h2,747.8+0.002%$6.41B$14.03B150xas long as short
Lighter ETH+0.0096%1h2,748.2+0.016%$113.9M$383.6M50xas long as short
Lighter RH ETH+0.0096%1h2,749.4+0.060%$23.7M$94.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,747.9+0.006%$23.6M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,748.5+0.029%$46.2M$3.90B50xas long as short
Katana Perps ETH-USD+0.0100%8h2,747.4−0.012%$506K$3.5M50xas long as short
Nado ETH-PERP+0.0100%1h2,747.5−0.008%$14.6M$96.0M50xas long as short
Pacifica ETH+0.0100%1h2,748.9+0.042%$32.4M$325.1M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,747.8+0.002%$2.8M$14.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,748.8+0.038%$1.5M$14.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,749.3+0.056%$164.5M$330.2M25xas long as short
Bitget ETHUSDT+0.0100%8h2,747.6−0.005%$2.11B$2.30B150xas long as short
BingX ETH-USDT+0.0100%8h2,748.3+0.019%$946.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,747.1−0.022%$14.9M$36.2M50xas long as short
Variational Omni ETH+0.0100%8h2,747.8+0.004%$132.6M$290.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,748.3+0.020%$185.2M$607.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,749.9+0.078%$159.9M$69.4M50xas long as short
StandX ETH-USD+0.0100%1h2,748.6+0.031%$21.1M$75.7M40xas long as short
Vest ETH-PERPshort+0.0100%1h2,749.4+0.059%$348K50x
Polymarket Perps ETH-USD+0.0100%1h2,749.2+0.053%$11.3M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,747.6−0.005%$177K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,747.9+0.007%$20K$14K25xas long as short
SunX ETH-USDT+0.0100%8h2,747.8+0.002%$946K$8.6M100xas long as short
SoDEX ETH-USD+0.0100%1h2,747.7−0.001%$61.9M$121.8M40xas long as short
HTX ETH-USDT+0.0100%8h2,747.4−0.013%$1.05B$1.05B200xas long as short
Phemex ETHUSDT+0.0100%8h2,747.6−0.007%$264.0M$56.4M150xas long as short
Extended ETH-USDlong+0.0104%1h2,747.7long leg$30.5M$65.2M50x
Kraken Futures PF_ETHUSD+0.0105%1h2,747.8+0.004%$82.5M$274.0M100xas long as short
Aftermath Perps ETHUSD+0.0106%1h2,748.7+0.036%$30K$8K20xas long as short
Deribit ETH-PERPETUAL+0.0110%1h2,748.9+0.041%$266.7M$185.3M50xas long as short
Reya ETHRUSDPERP+0.0157%1h2,746.8−0.034%$7.3M$832K25xas long as short
Orderly PERP_ETH_USDC+0.0174%8h2,750+0.081%$32.4M$9.9M100xas long as short
dYdX ETH-USD+0.0204%1h2,747.8+0.003%$15.2M$42.7M50xas long as short
RISEx ETH/USDC+0.0206%1h2,748.9+0.041%$5.7M$10.6M25xas long as short
Hyperliquid ETH+0.0256%1h2,750.9+0.115%$3.16B$1.73B25xas long as short
BloFin ETH-USDT+0.0360%8h2,748.9+0.043%$283.3M$149.9M150xas long as short
Injective ETH/USDC PERP+0.0461%1h2,751.5+0.137%$118K$21.7M52xas long as short
Paradex ETH-USD-PERP+0.0538%8h2,752.3+0.165%$16.0M$6.2M50xas long as short