ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%

Price spread now: Deribit against Vest+0.031%7-day average +0.022% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.031%, 7d avg +0.022%

Together, before fees−0.010%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest ETH-PERP	2,771.2	0.0082	pay 0.0010% / 1h	30m 47s	—	$876K	50x
Short	Deribit ETH-PERPETUAL	2,772.1	0.0111	get 0.0014% / 1h	30m 47s	$259.1M	$207.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee DeribitbpOrdersPrice spread, now +0.031%Rate

Funding earned: $6.02
Price spread: +0.031% → +0.022%: $0.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$2.09
Costs to cover: 0.090%
Break-even: 9.4 days

Slippage unknown: Vest: no order-book sample; Deribit: live order book, 3 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Deribit live order book, 3 min ago	0.09 bp	3.9 bp −$4	4.9 bp −$49	9.5 bp −$953	19.8 bp −$9,924

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
Injective ETH/USDC PERP	−0.0752%	1h	2,772.9	+0.060%	$119K	$22.5M	52x	as long as short
RISEx ETH/USDC	−0.0128%	1h	2,771.7	+0.018%	$5.6M	$11.2M	25x	as long as short
Perpl ETH	−0.0112%	43m	2,770.9	−0.013%	$321K	$6.4M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,772.1	+0.031%	$5K	$1K	50x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,771.3	+0.002%	$168K	$1.1M	50x	as long as short
Phoenix ETH	−0.0003%	1h	2,771.1	−0.005%	$878K	$3.7M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,770.2	−0.038%	$12.2M	$45.9M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,771.7	+0.015%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0019%	8h	2,770.6	−0.024%	$269.6M	$67.5M	150x	as long as short
Bullet ETH-USD	+0.0022%	1h	2,770.9	−0.013%	$183K	$1.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0025%	8h	2,769.8	−0.052%	$1.71B	$11.19B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0025% / S +0.0009%	1h	2,771.5	+0.008%	$12.7M	—	200x	as long as short
SoDEX ETH-USD	+0.0033%	1h	2,770.4	−0.030%	$55.2M	$188.0M	40x	as long as short
Aster ETHUSDT	+0.0040%	8h	2,769.7	−0.055%	$256.6M	$886.1M	200x	as long as short
MEXC ETH_USDT	+0.0054%	8h	2,769.5	−0.064%	$1.62B	$2.63B	500x	as long as short
Binance ETHUSDT	+0.0054%	8h	2,769.5	−0.064%	$6.47B	$16.35B	150x	as long as short
Aevo ETH-PERP	+0.0056%	1h	2,767.9	−0.121%	$5.0M	$165K	20x	as long as short
Aftermath Perps ETHUSD	+0.0065%	1h	2,772	+0.028%	$31K	$23K	20x	as long as short
Bitget ETHUSDT	+0.0072%	8h	2,769.7	−0.058%	$2.10B	$2.88B	150x	as long as short
HTX ETH-USDT	+0.0075%	8h	2,770.7	−0.020%	$1.08B	$1.25B	200x	as long as short
Coinbase International ETH-PERP-INTX	+0.0080%	1h	2,771.8	+0.019%	$60.4M	$4.44B	50x	as long as short
Vest ETH-PERPlong	+0.0082%	1h	2,771.2	long leg	—	$876K	50x
KuCoin ETHUSDTM	+0.0083%	8h	2,769.7	−0.055%	$420.3M	$631.7M	100x	as long as short
Lighter ETH	+0.0096%	1h	2,770.1	−0.041%	$115.2M	$457.7M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,772	+0.029%	$25.7M	$111.3M	50x	as long as short
Gate ETH_USDT	+0.0099%	8h	2,770.3	−0.036%	$3.36B	$8.99B	200x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,771.2	−0.001%	$15.9M	$8.7M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,771.5	+0.009%	$485K	$2.8M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,771	−0.010%	$14.8M	$114.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,772.7	+0.053%	$3.17B	$2.24B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,770.3	−0.034%	$31.3M	$323.2M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,769.8	−0.052%	$2.51B	$4.38B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,769.9	−0.048%	$2.8M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,770.4	−0.030%	$2.8M	$16.9M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,769.8	−0.051%	$171.6M	$277.9M	25x	as long as short
BingX ETH-USDT	+0.0100%	8h	2,769.7	−0.058%	—	$1.21B	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,770.7	−0.019%	$15.2M	$42.0M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,770.6	−0.024%	$140.2M	$345.2M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,769.9	−0.049%	$181.8M	$787.3M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,769.6	−0.061%	$161.0M	$84.9M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,771	−0.009%	$8.7M	$32.2M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,768.5	−0.099%	$21.4M	$62.9M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,771.1	−0.005%	$10.6M	$7.9M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,771.2	−0.001%	$21K	$22K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,772.7	+0.051%	$42.6M	$28.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,770.8	−0.015%	$972K	$13.3M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,769.5	−0.064%	$31.0M	$74.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,771.9	+0.023%	—	$37.0M	500x	as long as short
Kalshi KXETHPERP	+0.0110%	8h	2,771.9	+0.024%	$8.1M	$682.6M	4.9x	as long as short
Deribit ETH-PERPETUALshort	+0.0111%	1h	2,772.1	+0.031%	$259.1M	$207.1M	50x
Kraken Futures PF_ETHUSD	+0.0134%	1h	2,771.9	+0.023%	$95.9M	$319.4M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0150%	8h	2,773.4	+0.078%	$32.6M	$11.2M	100x	as long as short
Hibachi ETH/USDT-P	+0.0152%	1h	2,770.1	−0.040%	$252K	$1.5M	20x	as long as short
BloFin ETH-USDT	+0.0174%	8h	2,770.4	−0.032%	$287.6M	$182.0M	150x	as long as short
Reya ETHRUSDPERP	+0.0211%	1h	2,770.9	−0.012%	$7.3M	$1.2M	25x	as long as short