ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.018%

Price spread now: Kraken Futures against Vest+0.059%7-day average −0.011% · you sell dearer than you buy

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

Long on Vest Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.059%, 7d avg −0.011%

Together, before fees−0.207%+ Points / potential airdropVest: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.070% dearer against Vest than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest ETH-PERP	2,751.4	0.0066	pay 0.0008% / 1h	9m 17s	—	$277K	50x
Short	Kraken Futures PF_ETHUSD	2,753.1	0.0085	get 0.0011% / 1h	9m 17s	$83.5M	$179.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.059%Rate

Funding earned: $3.88
Price spread: +0.059% → −0.011%: $7.04
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$1.08
Costs to cover: 0.120%
Break-even: 8.9 days

Slippage unknown: Vest: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 3 min ago	0.18 bp	5.5 bp −$6	6.2 bp −$62	8.5 bp −$850	11.7 bp −$5,832

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 exchanges

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
Hotstuff ETH-PERP	−0.0080%	1h	2,751	−0.016%	$6K	$1K	50x	as long as short
BloFin ETH-USDT	−0.0039%	8h	2,750.3	−0.042%	$288.4M	$92.5M	150x	as long as short
Injective ETH/USDC PERP	−0.0034%	1h	2,752.2	+0.028%	$118K	$21.5M	52x	as long as short
Phoenix ETH	−0.0020%	1h	2,751.6	+0.006%	$794K	$1.3M	25x	as long as short
ApeX Omni ETHUSDT	−0.0013%	1h	2,750.8	−0.025%	$8.4M	$19.0M	100x	as long as short
Bulk ETH-USD	−0.0001%	1h	2,752.3	+0.032%	$172.6M	$311.5M	25x	as long as short
Gate ETH_USDT	0.0000%	8h	2,751.4	−0.003%	$3.09B	$6.21B	200x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,751.7	+0.010%	$8.2M	$640.9M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,751.9	+0.018%	$241K	$3.1M	8.3x	as long as short
HTX ETH-USDT	+0.0001%	8h	2,751	−0.017%	$1.04B	$682.3M	200x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,752.7	+0.047%	$33.3M	—	200x	as long as short
Bullet ETH-USD	+0.0014%	1h	2,751.3	−0.004%	$180K	$1.5M	20x	as long as short
01 Exchange ETHUSD	+0.0016%	1h	2,752.6	+0.042%	$189K	$843K	50x	as long as short
Bybit ETHUSDT	+0.0018%	8h	2,751.5	+0.003%	$2.35B	$3.32B	150x	as long as short
OKX ETH-USDT-SWAP	+0.0032%	8h	2,751.6	+0.004%	$1.64B	$7.44B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0041% / S −0.0010%	1h	2,752.8	+0.050%	$11.1M	—	200x	as long as short
Phemex ETHUSDT	+0.0046%	8h	2,751.6	+0.005%	$263.4M	$56.0M	150x	as long as short
RISEx ETH/USDC	+0.0048%	1h	2,752	+0.019%	$4.9M	$11.3M	25x	as long as short
SoDEX ETH-USD	+0.0049%	1h	2,751.5	+0.002%	$62.0M	$33.6M	40x	as long as short
KuCoin ETHUSDTM	+0.0050%	8h	2,751.2	−0.007%	$383.9M	$272.0M	100x	as long as short
Bitget ETHUSDT	+0.0056%	8h	2,751.5	+0.003%	$2.11B	$1.80B	150x	as long as short
SunX ETH-USDT	+0.0061%	8h	2,751.3	−0.005%	$948K	$6.1M	100x	as long as short
Vest ETH-PERPlong	+0.0066%	1h	2,751.4	long leg	—	$277K	50x
Coinbase International ETH-PERP-INTX	+0.0072%	1h	2,753.4	+0.072%	$48.9M	$3.98B	50x	as long as short
Binance ETHUSDT	+0.0079%	8h	2,751.5	+0.003%	$6.37B	$10.23B	150x	as long as short
Extended ETH-USD	+0.0080%	1h	2,751.5	+0.004%	$29.9M	$39.6M	50x	as long as short
MEXC ETH_USDT	+0.0080%	8h	2,751.4	−0.002%	$1.67B	$2.10B	500x	as long as short
Aevo ETH-PERP	+0.0080%	1h	2,749.9	−0.057%	$4.9M	$401K	20x	as long as short
BingX ETH-USDT	+0.0081%	8h	2,751.6	+0.006%	—	$703.9M	—	as long as short
Deribit ETH-PERPETUAL	+0.0084%	1h	2,753.7	+0.083%	$262.4M	$148.4M	50x	as long as short
Kraken Futures PF_ETHUSDshort	+0.0085%	1h	2,753.1	+0.059%	$83.5M	$179.4M	100x
dYdX ETH-USD	+0.0090%	1h	2,751.2	−0.008%	$15.1M	$25.8M	50x	as long as short
Lighter ETH	+0.0096%	1h	2,751.8	+0.014%	$113.2M	$280.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,753	+0.058%	$24.3M	$75.7M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,752	+0.020%	$466K	$3.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,751	−0.016%	$15.9M	$83.8M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,753.4	+0.071%	$3.17B	$1.05B	25x	as long as short
Aster ETHUSDT	+0.0100%	8h	2,751.3	−0.006%	$266.1M	$427.4M	200x	as long as short
Pacifica ETH	+0.0100%	1h	2,751.5	+0.002%	$31.8M	$310.1M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,751.5	+0.002%	$2.7M	$7.3M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,751.9	+0.018%	$1.6M	$13.0M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,751.5	0.000%	$14.8M	$33.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,749.9	−0.055%	$137.0M	$206.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,751.5	+0.004%	$176.2M	$441.8M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,750.6	−0.030%	$159.9M	$68.9M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,751.8	+0.013%	$20.6M	$100.3M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,751.6	+0.006%	$10.6M	$8.7M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,753.9	+0.091%	$40.6M	$8.4M	15x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,752.4	+0.034%	—	$32.0M	500x	as long as short
Reya ETHRUSDPERP	+0.0126%	1h	2,751.6	+0.007%	$7.3M	$650K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0149%	8h	2,754.6	+0.116%	$32.0M	$10.2M	100x	as long as short
Aftermath Perps ETHUSD	+0.0278%	1h	2,753.6	+0.078%	$30K	$7K	20x	as long as short
Hibachi ETH/USDT-P	+0.0392%	1h	2,752.3	+0.032%	$232K	$935K	20x	as long as short
Bluefin ETH-PERP	+0.0430%	1h	2,752.4	+0.034%	$21K	$6K	25x	as long as short
Paradex ETH-USD-PERP	+0.0491%	8h	2,754.9	+0.127%	$16.1M	$4.2M	50x	as long as short