Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.021%
Price spread now: Reya against Vest−0.073%7-day average −0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.073%, 7d avg −0.040%
=Together, before fees+0.125%+ Points / potential airdropVest: Active · Reya: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.033% cheaper against Vest than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.040%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest ETH-PERP | 2,739 | 0.0100 | pay 0.0013% / 1h | 5m 48s | — | $876K | 50x |
| Short | Reya ETHRUSDPERP | 2,737 | 0.0197 | get 0.0025% / 1h | 5m 48s | $7.3M | $1.3M | 25x |
Vest ETH-PERP
Reya ETHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.34
- Price spread: −0.073% → −0.040%
- −$3.35
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $8.99
- Costs to cover
- 0.080%
- Break-even
- 3.9 days
Slippage unknown: Vest: no order-book sample; Reya: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Vest and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,737.5 | −0.054% | $292K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,736.6 | −0.088% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,738.1 | −0.034% | $12.0M | — | 200x | as long as short |
| Phoenix ETH | −0.0009% | 1h | 2,736.5 | −0.091% | $817K | $3.0M | 25x | as long as short |
| dYdX ETH-USD | +0.0005% | 1h | 2,737.5 | −0.055% | $10.5M | $42.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,738.2 | −0.028% | $33.0M | — | 200x | as long as short |
| Injective ETH/USDC PERP | +0.0009% | 1h | 2,735.4 | −0.131% | $117K | $22.5M | 52x | as long as short |
| HTX ETH-USDT | +0.0011% | 8h | 2,737.4 | −0.058% | $1.05B | $1.22B | 200x | as long as short |
| BingX ETH-USDC | +0.0036% | 8h | 2,737.4 | −0.059% | — | $18.6M | — | as long as short |
| Bybit ETHUSDT | +0.0044% | 8h | 2,737.1 | −0.069% | $2.35B | $4.42B | 150x | as long as short |
Perpl ETH
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
dYdX ETH-USD
gTrade (Gains Network) ETH/USD
Injective ETH/USDC PERP
HTX ETH-USDT
BingX ETH-USDC
Bybit ETHUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,738.6 | −0.015% | $192K | $873K | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0057% | 1h | 2,739 | +0.001% | $259.2M | $208.5M | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0081% | 8h | 2,738.2 | −0.028% | $376.3M | $577.9M | 100x | as long as short |
| Aftermath Perps ETHUSD | +0.0084% | 1h | 2,735.6 | −0.125% | $30K | $20K | 20x | as long as short |
| Bullet ETH-USD | +0.0084% | 1h | 2,737.6 | −0.050% | $182K | $1.7M | 20x | as long as short |
| SunX ETH-USDT | +0.0095% | 8h | 2,737.1 | −0.070% | $959K | $11.1M | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,738.7 | −0.011% | $112.8M | $438.2M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,739.8 | +0.029% | $23.6M | $104.2M | 50x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,735.5 | −0.129% | $4.9M | $155K | 20x | as long as short |
| OKX ETH-USDT-SWAP | +0.0098% | 8h | 2,736.9 | −0.078% | $1.66B | $10.94B | 100x | as long as short |
| Aster ETHUSDT | +0.0099% | 8h | 2,738 | −0.035% | $253.3M | $848.4M | 200x | as long as short |
| Phemex ETHUSDT | +0.0099% | 8h | 2,738.2 | −0.028% | $264.1M | $65.1M | 150x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,737.3 | −0.062% | $508K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,741.8 | +0.102% | $15.2M | $8.0M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,737.7 | −0.046% | $14.2M | $105.4M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,739.6 | +0.022% | $3.11B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,738.6 | −0.015% | $32.1M | $334.3M | 50x | as long as short |
| Binance ETHUSDT | +0.0100% | 8h | 2,738.1 | −0.034% | $6.35B | $16.16B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,736.5 | −0.091% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,738.2 | −0.028% | $1.5M | $16.2M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,737.9 | −0.039% | $3.28B | $9.09B | 200x | as long as short |
| MEXC ETH_USDT | +0.0100% | 8h | 2,738.1 | −0.032% | $1.53B | $2.61B | 500x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,737.2 | −0.064% | $2.09B | $2.79B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,738.1 | −0.034% | $15.0M | $42.5M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,737.1 | −0.068% | $135.0M | $326.3M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,736 | −0.108% | $185.5M | $680.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,736.9 | −0.075% | $159.2M | $87.4M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,736.9 | −0.077% | $8.7M | $31.5M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,737.3 | −0.062% | $21.0M | $70.0M | 40x | as long as short |
| Vest ETH-PERPlong | +0.0100% | 1h | 2,739 | long leg | — | $876K | 50x | |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,739.3 | +0.011% | $11.2M | $9.5M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,738 | −0.038% | $22K | $21K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,739.6 | +0.020% | $41.1M | $30.2M | 15x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,737.8 | −0.044% | $54.5M | $187.6M | 40x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,735.9 | −0.113% | $162.8M | $321.5M | 25x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,737.5 | −0.053% | $30.3M | $74.4M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,737.9 | −0.041% | — | $31.3M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,739.4 | +0.015% | $50.1M | $4.33B | 50x | as long as short |
| RISEx ETH/USDC | +0.0108% | 1h | 2,738.4 | −0.022% | $5.6M | $11.8M | 25x | as long as short |
| Kalshi KXETHPERP | +0.0137% | 8h | 2,737.4 | −0.058% | $6.9M | $693.5M | 4.9x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0175% | 1h | 2,738.8 | −0.007% | $83.7M | $311.5M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0188% | 8h | 2,740.3 | +0.046% | $32.3M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERPshort | +0.0197% | 1h | 2,737 | −0.073% | $7.3M | $1.3M | 25x | |
| Hibachi ETH/USDT-P | +0.0288% | 1h | 2,738.3 | −0.027% | $250K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0400% | 8h | 2,737.2 | −0.065% | $280.2M | $175.4M | 150x | as long as short |
01 Exchange ETHUSD
Deribit ETH-PERPETUAL
KuCoin ETHUSDTM
Aftermath Perps ETHUSD
Bullet ETH-USD
SunX ETH-USDT
Lighter ETH
Lighter RH ETH
Aevo ETH-PERP
OKX ETH-USDT-SWAP
Aster ETHUSDT
Phemex ETHUSDT
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Binance ETHUSDT
Ondo Perps ETH-USD.P
Arcus ETH-USD
Gate ETH_USDT
MEXC ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SoDEX ETH-USD
Bulk ETH-USD
Extended ETH-USD
Jupiter Perps ETH-PERP
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
Orderly PERP_ETH_USDC
Hibachi ETH/USDT-P
BloFin ETH-USDT