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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%
Price spread now: Vest against Gate+0.009%7-day average +0.036% · 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)+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.314%+$31 · spread now +0.009%, 7d avg +0.036%
Together, before fees+0.370%+ Points / potential airdropVest: Active · farm board+$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.028% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETH_USDT2,729.20.0100pay 0.0100% / 8h4h 41m$3.34B$8.82B200x
ShortVest ETH-PERP2,729.40.0100get 0.0013% / 1h41m 48s$843K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Gate. 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
Price spread: +0.009% → +0.036%
−$2.75
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Vest: 1 bp × 2 orders
−$2
Net
−$19.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago0.02 bp7.5 bp −$88.2 bp −$8210.9 bp −$1,09317.9 bp −$8,926
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%43m2,728.4−0.027%$297K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,732.2+0.111%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,728.4−0.029%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,729.2+0.002%$11.9M200xas long as short
ApeX Omni ETHUSDT−0.0005%1h2,729.9+0.025%$8.9M$31.3M100xas long as short
dYdX ETH-USD0.0000%1h2,729.8+0.023%$10.7M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,728.3−0.032%$188K$841K50xas long as short
Phoenix ETH0.0000%1h2,728.1−0.040%$830K$2.9M25xas long as short
Bullet ETH-USD+0.0006%1h2,728.6−0.021%$181K$1.7M20xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,729.3+0.005%$26.2M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0050%1h2,728.6−0.021%$54.3M$187.6M40xas long as short
BingX ETH-USDT+0.0058%8h2,729−0.007%$1.14Bas long as short
KuCoin ETHUSDTM+0.0070%8h2,729.2−0.001%$380.1M$576.1M100xas long as short
OKX ETH-USDT-SWAP+0.0073%8h2,729.7+0.018%$1.67B$10.70B100xas long as short
Aster ETHUSDT+0.0079%8h2,729.6+0.014%$251.3M$844.3M200xas long as short
HTX ETH-USDT+0.0082%8h2,728−0.044%$1.05B$1.19B200xas long as short
Deribit ETH-PERPETUAL+0.0083%1h2,730+0.029%$260.1M$196.8M50xas long as short
Aevo ETH-PERP+0.0088%1h2,726.4−0.103%$4.9M$155K20xas long as short
Binance ETHUSDT+0.0088%8h2,729.6+0.016%$6.34B$15.86B150xas long as short
MEXC ETH_USDT+0.0089%8h2,729.6+0.016%$1.52B$2.55B500xas long as short
Bybit ETHUSDT+0.0089%8h2,729.1−0.002%$2.39B$4.34B150xas long as short
Lighter ETH+0.0096%1h2,729.8+0.022%$112.1M$435.2M50xas long as short
Lighter RH ETH+0.0096%1h2,731.1+0.071%$23.2M$105.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,729.5+0.011%$30.6M500xas long as short
Paradex ETH-USD-PERP+0.0098%8h2,733.6+0.163%$15.6M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,728.8−0.015%$5.6M$11.5M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,727.6−0.058%$499K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,728.2−0.037%$13.7M$104.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,731.7+0.092%$3.10B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,730.4+0.045%$31.6M$333.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,729.3+0.004%$2.7M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,730.3+0.040%$2.8M$16.2M25xas long as short
Gate ETH_USDTlong+0.0100%8h2,729.2long leg$3.34B$8.82B200x
Bitget ETHUSDT+0.0100%8h2,729.4+0.009%$2.07B$2.75B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,728.8−0.013%$15.0M$39.7M50xas long as short
Variational Omni ETH+0.0100%8h2,728.4−0.029%$133.1M$325.5Mas long as short
edgeX ETHUSDC+0.0100%4h2,726.2−0.109%$182.6M$671.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,730.7+0.054%$158.9M$86.4M50xas long as short
StandX ETH-USD+0.0100%1h2,730.4+0.045%$21.1M$69.5M40xas long as short
Vest ETH-PERPshort+0.0100%1h2,729.4+0.009%$843K50x
Polymarket Perps ETH-USD+0.0100%1h2,730.2+0.037%$11.1M$9.1M50xas long as short
Derive ETH-PERP+0.0100%1h2,730.4+0.044%$41.2M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,727.9−0.047%$956K$11.4M100xas long as short
Phemex ETHUSDT+0.0100%8h2,729−0.006%$265.3M$65.4M150xas long as short
Bulk ETH-USD+0.0100%1h2,730.9+0.063%$166.8M$318.0M25xas long as short
Extended ETH-USD+0.0104%1h2,728.6−0.023%$30.4M$72.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,730+0.029%$51.7M$4.26B50xas long as short
Aftermath Perps ETHUSD+0.0120%1h2,731.8+0.094%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0152%8h2,728.5−0.025%$6.4M$677.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0193%8h2,731.3+0.077%$32.1M$11.6M100xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,729.2+0.001%$84.2M$314.0M100xas long as short
Reya ETHRUSDPERP+0.0223%1h2,728−0.041%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,730.5+0.050%$253K$1.4M20xas long as short
BloFin ETH-USDT+0.0333%8h2,728.7−0.016%$284.6M$174.8M150xas long as short
Bluefin ETH-PERP+0.0413%1h2,729.6+0.014%$21K$20K25xas long as short