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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h 0.000%
Price spread now: SunX against Vest−0.033%49s7-day average −0.040% · you buy dearer than you sell
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)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.033%, 7d avg −0.040%
Together, before fees−0.054%+ Points / potential airdropVest: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest ETH-PERP2,7260.0100pay 0.0013% / 1h46m 36s$767K50x
ShortSunX ETH-USDT2,725.10.0085get 0.0085% / 8h1h 46m$955K$11.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$3.25
Price spread: −0.033% → −0.040%
$0.77
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee SunX: 4 bp × 2 orders
−$8
Net
−$12.48
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; SunX: live order book, 13 min ago. 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 Vest no order-book sample
Sell SunX live order book, 13 min ago1.66 bp5.7 bp −$65.9 bp −$598.1 bp −$80710.0 bp −$5,012
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−0.0112%43m2,725.1−0.032%$286K$5.8M8.3xas long as short
ApeX Omni ETHUSDT−0.0108%1h2,726.7+0.028%$8.6M$31.5M100xas long as short
Hotstuff ETH-PERP−0.0080%1h2,726.6+0.024%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,728.6+0.097%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,726.1+0.005%$12.0M200xas long as short
Phoenix ETH−0.0006%1h2,730+0.149%$817K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,726.8+0.032%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.6+0.024%$6.6M$691.2M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,726.1+0.006%$262.5M$214.3M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,726.2+0.008%$32.9M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETH-USDT+0.0007%8h2,725.2−0.029%$1.05B$1.23B200xas long as short
01 Exchange ETHUSD+0.0024%1h2,724.9−0.039%$191K$892K50xas long as short
BingX ETH-USDC+0.0033%8h2,724.1−0.070%$18.6Mas long as short
Bybit ETHUSDT+0.0037%8h2,723.6−0.087%$2.34B$4.42B150xas long as short
Aftermath Perps ETHUSD+0.0076%1h2,728.9+0.108%$30K$20K20xas long as short
KuCoin ETHUSDTM+0.0077%8h2,725.1−0.030%$374.9M$576.1M100xas long as short
SunX ETH-USDTshort+0.0085%8h2,725.1−0.033%$955K$11.1M100x
Aster ETHUSDT+0.0087%8h2,723.9−0.076%$251.7M$850.0M200xas long as short
OKX ETH-USDT-SWAP+0.0092%8h2,723.7−0.084%$1.66B$10.93B100xas long as short
MEXC ETH_USDT+0.0095%8h2,725.2−0.028%$1.52B$2.58B500xas long as short
Binance ETHUSDT+0.0095%8h2,723.7−0.084%$6.32B$16.18B150xas long as short
Lighter ETH+0.0096%1h2,725.7−0.010%$111.9M$432.6M50xas long as short
Lighter RH ETH+0.0096%1h2,727+0.037%$23.4M$102.8M50xas long as short
Aevo ETH-PERP+0.0096%1h2,723.4−0.092%$4.9M$161K20xas long as short
SoDEX ETH-USD+0.0099%1h2,725.6−0.013%$54.3M$187.4M40xas long as short
Katana Perps ETH-USD+0.0100%8h2,723.8−0.079%$507K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,730.3+0.159%$15.3M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,725.8−0.006%$14.0M$105.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,726.1+0.005%$3.09B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,726.5+0.019%$31.9M$333.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,725.2−0.028%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,724.8−0.043%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,725.9−0.002%$161.8M$340.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,725.1−0.032%$3.27B$8.94B200xas long as short
Bitget ETHUSDT+0.0100%8h2,723.8−0.079%$2.08B$2.80B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,725−0.035%$15.0M$42.4M50xas long as short
Variational Omni ETH+0.0100%8h2,727+0.040%$133.2M$326.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,727.4+0.054%$184.9M$682.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,727.1+0.044%$158.5M$87.7M50xas long as short
StandX ETH-USD+0.0100%1h2,727.1+0.042%$21.0M$69.0M40xas long as short
Vest ETH-PERPlong+0.0100%1h2,726long leg$767K50x
Polymarket Perps ETH-USD+0.0100%1h2,725.2−0.028%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,725.5−0.017%$179K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,726.2+0.009%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.5+0.058%$40.9M$30.2M15xas long as short
Phemex ETHUSDT+0.0100%8h2,725.5−0.018%$262.7M$65.1M150xas long as short
Extended ETH-USD+0.0104%1h2,724.1−0.070%$30.3M$74.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,726.6+0.024%$30.6M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,726.7+0.026%$50.2M$4.31B50xas long as short
RISEx ETH/USDC+0.0115%1h2,724.4−0.057%$5.6M$11.8M25xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,728.2+0.083%$32.1M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0194%1h2,723.1−0.106%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,726.2+0.010%$83.2M$311.2M100xas long as short
Hibachi ETH/USDT-P+0.0272%1h2,730.9+0.182%$246K$1.4M20xas long as short
BloFin ETH-USDT+0.0381%8h2,725.1−0.031%$282.1M$174.9M150xas long as short