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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.036%
Price spread now: Vest against Injective+0.057%7-day average −0.046% · 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)+0.044%+$4 on $10k
Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.057%, 7d avg −0.046%
Together, before fees+0.072%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Vest is 0.104% dearer against Injective than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ETH/USDC PERP2,742.6−0.0044get 0.0005% / 1h56m 40s$118K$22.5M52x
ShortVest ETH-PERP2,744.20.0100get 0.0013% / 1h56m 40s$819K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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
$30.22
Price spread: +0.057% → −0.046%
$10.36
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
$38.56
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 3 min ago16.54 bp16.6 bp −$1716.6 bp −$16616.6 bp −$1,65520872.1 bp −$10.44M
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 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−0.0112%43m2,743.8+0.044%$306K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.4+0.248%$5K$1K50xas long as short
Injective ETH/USDC PERPlong−0.0044%1h2,742.6long leg$118K$22.5M52x
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743.2+0.021%$12.1M200xas long as short
Phoenix ETH−0.0006%1h2,748.4+0.211%$847K$2.9M25xas long as short
dYdX ETH-USD0.0000%1h2,748.8+0.227%$10.8M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,743.2+0.021%$22.2M200xas long as short
BingX ETH-USDC+0.0042%8h2,748.8+0.225%$18.5Mas long as short
01 Exchange ETHUSD+0.0048%1h2,749.6+0.255%$183K$966K50xas long as short
OKX ETH-USDT-SWAP+0.0054%8h2,749+0.235%$1.70B$10.59B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0065%8h2,748.3+0.206%$369.4M$598.6M100xas long as short
Aster ETHUSDT+0.0073%8h2,746.1+0.126%$252.5M$841.0M200xas long as short
RISEx ETH/USDC+0.0077%1h2,749.8+0.264%$5.7M$11.2M25xas long as short
Aevo ETH-PERP+0.0080%1h2,740.5−0.075%$4.9M$159K20xas long as short
Binance ETHUSDT+0.0083%8h2,748.4+0.213%$6.39B$15.75B150xas long as short
MEXC ETH_USDT+0.0083%8h2,749.2+0.239%$1.57B$2.51B500xas long as short
Bullet ETH-USD+0.0085%1h2,742.8+0.009%$182K$1.7M20xas long as short
HTX ETH-USDT+0.0086%8h2,743.1+0.019%$1.06B$1.18B200xas long as short
Lighter ETH+0.0096%1h2,748.2+0.203%$113.0M$430.2M50xas long as short
Lighter RH ETH+0.0096%1h2,749.1+0.237%$24.8M$103.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,745.6+0.110%$31.0M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,743.9+0.048%$58.6M$4.27B50xas long as short
ApeX Omni ETHUSDT+0.0097%1h2,747.1+0.164%$8.7M$31.1M100xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,752.6+0.364%$16.2M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,749.1+0.237%$484K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,743.7+0.039%$13.9M$106.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,749.2+0.241%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,749+0.234%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,749.2+0.239%$2.47B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,748.4+0.211%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,749.8+0.261%$2.7M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,749.4+0.249%$3.39B$8.63B200xas long as short
Bitget ETHUSDT+0.0100%8h2,749.5+0.250%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,743.4+0.030%$15.0M$41.1M50xas long as short
Variational Omni ETH+0.0100%8h2,746.6+0.146%$133.0M$342.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,746.8+0.155%$181.9M$701.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,747.3+0.172%$159.7M$81.7M50xas long as short
StandX ETH-USD+0.0100%1h2,747+0.160%$21.2M$69.0M40xas long as short
Vest ETH-PERPshort+0.0100%1h2,744.2+0.057%$819K50x
Polymarket Perps ETH-USD+0.0100%1h2,743.2+0.022%$10.7M$8.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,743.3+0.024%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,744.7+0.075%$41.6M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,742.1−0.018%$961K$11.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,742.7+0.004%$54.6M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,743.7+0.042%$267.1M$65.2M150xas long as short
Bulk ETH-USD+0.0100%1h2,746.2+0.132%$164.3M$302.6M25xas long as short
Extended ETH-USD+0.0104%1h2,748.9+0.231%$30.6M$72.6M50xas long as short
Aftermath Perps ETHUSD+0.0111%1h2,746.7+0.150%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0118%1h2,743.9+0.047%$258.9M$195.6M50xas long as short
Kalshi KXETHPERP+0.0149%8h2,744+0.051%$7.9M$670.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0182%8h2,745.4+0.101%$32.3M$11.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,743.3+0.026%$88.0M$309.4M100xas long as short
Reya ETHRUSDPERP+0.0223%1h2,742.5−0.005%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,746.5+0.142%$250K$1.4M20xas long as short