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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Vest against gTrade (Gains Network)+0.057%7-day average +0.010% · 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)+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.057%, 7d avg +0.010%
Together, before fees−0.015%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 0.047% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ETH/USD2,726.2L +0.0007% / S −0.0007%pay 0.0001% / 1h47m 19s$32.9M200x
ShortVest ETH-PERP2,727.70.0100get 0.0013% / 1h47m 19s$767K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against gTrade (Gains Network). 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
$19.56
Price spread: +0.057% → +0.010%
$4.69
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$15.25
Costs to cover
0.090%
Break-even
1.5 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 2 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago0.51 bp4.0 bp −$44.1 bp −$415.0 bp −$5018.9 bp −$4,453
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%43m2,726.20.000%$287K$5.8M8.3xas long as short
ApeX Omni ETHUSDT−0.0108%1h2,726.7+0.021%$8.6M$31.5M100xas long as short
Hotstuff ETH-PERP−0.0080%1h2,726.6+0.016%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,728.6+0.090%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,726.1−0.003%$12.0M200xas long as short
Phoenix ETH−0.0006%1h2,730+0.141%$817K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,726.8+0.025%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.6+0.016%$6.6M$691.2M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,726.1−0.001%$262.5M$214.3M50xas long as short
gTrade (Gains Network) ETH/USDlongL +0.0007% / S −0.0007%1h2,726.2long leg$32.9M200x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETH-USDT+0.0007%8h2,725.2−0.037%$1.05B$1.23B200xas long as short
01 Exchange ETHUSD+0.0024%1h2,726.8+0.023%$191K$892K50xas long as short
BingX ETH-USDT+0.0031%8h2,725.6−0.021%$1.12Bas long as short
Bybit ETHUSDT+0.0037%8h2,724.8−0.050%$2.34B$4.42B150xas long as short
Aftermath Perps ETHUSD+0.0076%1h2,728.9+0.100%$30K$20K20xas long as short
KuCoin ETHUSDTM+0.0077%8h2,725.7−0.017%$375.0M$576.1M100xas long as short
SunX ETH-USDT+0.0085%8h2,725.1−0.040%$955K$11.1M100xas long as short
Aster ETHUSDT+0.0088%8h2,725.7−0.017%$251.8M$850.0M200xas long as short
OKX ETH-USDT-SWAP+0.0092%8h2,724.7−0.055%$1.66B$10.93B100xas long as short
Binance ETHUSDT+0.0095%8h2,725.2−0.034%$6.32B$16.19B150xas long as short
Lighter ETH+0.0096%1h2,725.7−0.018%$111.9M$432.6M50xas long as short
Lighter RH ETH+0.0096%1h2,727+0.030%$23.4M$102.8M50xas long as short
MEXC ETH_USDT+0.0096%8h2,725.1−0.039%$1.52B$2.58B500xas long as short
Aevo ETH-PERP+0.0096%1h2,723.4−0.100%$4.9M$161K20xas long as short
SoDEX ETH-USD+0.0099%1h2,725.6−0.021%$54.3M$187.4M40xas long as short
Katana Perps ETH-USD+0.0100%8h2,726−0.006%$507K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,731+0.177%$15.3M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,725.8−0.014%$14.0M$105.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,727.9+0.064%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,727.6+0.053%$31.9M$333.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,726.5+0.012%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,726.5+0.013%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,725.9−0.009%$161.8M$340.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,725.8−0.012%$3.27B$8.94B200xas long as short
Bitget ETHUSDT+0.0100%8h2,725.5−0.025%$2.08B$2.79B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,726−0.006%$15.0M$42.4M50xas long as short
Variational Omni ETH+0.0100%8h2,727+0.032%$133.2M$326.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,727.4+0.047%$184.9M$682.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,727.1+0.036%$158.5M$87.7M50xas long as short
StandX ETH-USD+0.0100%1h2,728.1+0.071%$21.0M$70.0M40xas long as short
Vest ETH-PERPshort+0.0100%1h2,727.7+0.057%$767K50x
Polymarket Perps ETH-USD+0.0100%1h2,727.4+0.045%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,725.5−0.024%$179K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,727+0.031%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.5+0.050%$40.9M$30.2M15xas long as short
Phemex ETHUSDT+0.0100%8h2,725.5−0.026%$262.7M$65.1M150xas long as short
Extended ETH-USD+0.0104%1h2,724.9−0.048%$30.3M$74.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,726.6+0.016%$30.6M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,726.7+0.019%$50.2M$4.31B50xas long as short
RISEx ETH/USDC+0.0115%1h2,727.3+0.043%$5.6M$11.8M25xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,728.2+0.075%$32.1M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0194%1h2,724.8−0.052%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,726.2+0.002%$83.2M$311.2M100xas long as short
Hibachi ETH/USDT-P+0.0272%1h2,730.9+0.174%$246K$1.4M20xas long as short
BloFin ETH-USDT+0.0381%8h2,725.1−0.039%$282.1M$174.9M150xas long as short