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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.004%
Price spread now: Vest against Binance+0.022%7-day average +0.032% · 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)+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.302%+$30 · spread now +0.022%, 7d avg +0.032%
Together, before fees+0.310%+ Points / potential airdropVest: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,771.10.0051pay 0.0051% / 8h2h 09m$6.44B$17.23B150x
ShortVest ETH-PERP2,771.70.0100get 0.0013% / 1h9m 58s$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Binance. 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
$10.35
Price spread: +0.022% → +0.032%
−$1.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$2.73
Costs to cover
0.120%
Break-even
8.8 days
Slippage unknown: Binance: live order book, 4 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 Binance live order book, 4 min ago0.02 bp5.1 bp −$55.8 bp −$586.9 bp −$6949.2 bp −$4,621
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 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%43m2,770.7−0.016%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.183%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.1−0.001%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,771.3+0.006%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,775.9+0.172%$886K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,771.2+0.002%$5.8M$11.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771.7+0.022%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0004%1h2,774.4+0.119%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772.4+0.046%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0023%8h2,770.7−0.015%$1.71B$11.90B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0026%8h2,771.5+0.011%$267.0M$66.1M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,772.3+0.042%$13.2M200xas long as short
Aster ETHUSDT+0.0034%8h2,770.6−0.019%$256.2M$995.6M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,775.9+0.170%$8.8M$32.7M100xas long as short
Aevo ETH-PERP+0.0048%1h2,769.3−0.067%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0050%8h2,771.4+0.008%$1.59B$2.69B500xas long as short
Binance ETHUSDTlong+0.0051%8h2,771.1long leg$6.44B$17.23B150x
Bitget ETHUSDT+0.0075%8h2,770.8−0.013%$2.10B$3.13B150xas long as short
Gate ETH_USDT+0.0076%8h2,771−0.005%$3.28B$9.70B200xas long as short
Bullet ETH-USD+0.0083%1h2,771.4+0.009%$183K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,771.7+0.019%$114.7M$515.3M50xas long as short
Lighter RH ETH+0.0096%1h2,773.1+0.070%$25.3M$123.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,771.3+0.006%$41.7M500xas long as short
Variational Omni ETH+0.0097%8h2,770.2−0.033%$140.7M$320.5Mas long as short
HTX ETH-USDT+0.0099%8h2,771.1−0.001%$1.08B$1.32B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,770.5−0.024%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.2+0.002%$486K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.5−0.022%$15.2M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,773.6+0.089%$3.19B$2.40B25xas long as short
Pacifica ETH+0.0100%1h2,771.1−0.001%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.8−0.011%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.3−0.030%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,772.7+0.057%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6−0.021%$164.9M$252.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,771.4+0.011%$422.1M$742.2M100xas long as short
BingX ETH-USDC+0.0100%8h2,770.8−0.014%$17.4Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.3+0.004%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,776.1+0.179%$179.9M$795.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,772.7+0.055%$161.3M$97.2M50xas long as short
StandX ETH-USD+0.0100%1h2,771.6+0.017%$21.4M$57.8M40xas long as short
Vest ETH-PERPshort+0.0100%1h2,771.7+0.022%$1.1M50x
Polymarket Perps ETH-USD+0.0100%1h2,772.8+0.060%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.1+0.036%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.9+0.065%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,771.1−0.002%$971K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,771.1−0.001%$55.2M$228.6M40xas long as short
Extended ETH-USD+0.0104%1h2,770.5−0.022%$31.4M$75.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,772.8+0.060%$59.9M$4.62B50xas long as short
Kalshi KXETHPERP+0.0117%8h2,772+0.031%$8.5M$674.2M4.9xas long as short
Deribit ETH-PERPETUAL+0.0129%1h2,773.1+0.070%$258.5M$225.1M50xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,774.2+0.109%$32.5M$12.0M100xas long as short
BloFin ETH-USDT+0.0171%8h2,770.6−0.021%$285.4M$195.6M150xas long as short
Reya ETHRUSDPERP+0.0184%1h2,771.4+0.008%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,772.5+0.050%$86.4M$331.2M100xas long as short
Hibachi ETH/USDT-P+0.0456%1h2,772.9+0.063%$281K$1.5M20xas long as short