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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.029%
Price spread now: BloFin against Vest+0.011%7-day average −0.021% · 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)+0.111%+$11 on $10k
Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.011%, 7d avg −0.021%
Together, before fees+0.049%+ Points / potential airdropVest: Active · farm board+$5 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 BloFin is 0.032% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest ETH-PERP2,770.10.0082pay 0.0010% / 1h30m 23s$876K50x
ShortBloFin ETH-USDT2,770.40.0174get 0.0174% / 8h7h 30m$287.6M$182.0M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$19.32
Price spread: +0.011% → −0.021%
$3.18
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee BloFin: 6 bp × 2 orders
−$12
Net
$8.5
Costs to cover
0.140%
Break-even
3.9 days
Slippage unknown: Vest: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago0.20 bp6.2 bp −$66.2 bp −$626.9 bp −$6949.3 bp −$4,646
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
Injective ETH/USDC PERP−0.0752%1h2,772.9+0.103%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,769.6−0.018%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,769.8−0.009%$320K$6.4M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.3+0.009%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0040%1h2,769.7−0.013%$168K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,771.1+0.038%$878K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,770.2+0.005%$12.2M$45.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.6+0.020%$22.4M200xas long as short
Phemex ETHUSDT+0.0019%8h2,770.6+0.019%$269.6M$67.5M150xas long as short
Bullet ETH-USD+0.0022%1h2,769.7−0.011%$184K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0025%8h2,770−0.002%$1.71B$11.19B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,770.5+0.015%$12.7M200xas long as short
SoDEX ETH-USD+0.0033%1h2,770−0.002%$55.2M$188.0M40xas long as short
Aster ETHUSDT+0.0040%8h2,769.9−0.005%$256.6M$886.2M200xas long as short
MEXC ETH_USDT+0.0054%8h2,769.9−0.006%$1.62B$2.63B500xas long as short
Binance ETHUSDT+0.0054%8h2,769.7−0.012%$6.48B$16.35B150xas long as short
Aevo ETH-PERP+0.0056%1h2,767.4−0.097%$5.0M$165K20xas long as short
Aftermath Perps ETHUSD+0.0066%1h2,771.4+0.050%$31K$23K20xas long as short
Bitget ETHUSDT+0.0072%8h2,770.3+0.010%$2.10B$2.88B150xas long as short
HTX ETH-USDT+0.0075%8h2,770.7+0.023%$1.08B$1.25B200xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,771.8+0.062%$60.4M$4.44B50xas long as short
Vest ETH-PERPlong+0.0082%1h2,770.1long leg$876K50x
KuCoin ETHUSDTM+0.0083%8h2,769.5−0.020%$420.2M$631.7M100xas long as short
Gate ETH_USDT+0.0094%8h2,770.1+0.003%$3.36B$9.00B200xas long as short
Lighter ETH+0.0096%1h2,770.1+0.002%$115.2M$457.7M50xas long as short
Lighter RH ETH+0.0096%1h2,772+0.072%$25.7M$111.3M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,771.2+0.042%$15.9M$8.7M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.7−0.013%$485K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.10.000%$14.7M$114.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.1+0.074%$3.17B$2.24B25xas long as short
Pacifica ETH+0.0100%1h2,770.3+0.009%$31.3M$323.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.4+0.014%$2.51B$4.37B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.9−0.006%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.4+0.012%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.8−0.008%$171.6M$277.9M25xas long as short
BingX ETH-USDC+0.0100%8h2,769.5−0.020%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.7+0.024%$15.2M$42.0M50xas long as short
Variational Omni ETH+0.0100%8h2,770.6+0.019%$140.2M$345.2Mas long as short
edgeX ETHUSDC+0.0100%4h2,769.9−0.006%$181.8M$787.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,769.6−0.018%$161.0M$84.9M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,771+0.034%$8.7M$32.2M100xas long as short
StandX ETH-USD+0.0100%1h2,768.5−0.056%$21.4M$62.9M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.4−0.024%$10.6M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.8+0.025%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.2+0.078%$42.6M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,769.3−0.026%$971K$13.2M100xas long as short
Extended ETH-USD+0.0104%1h2,769.6−0.017%$31.0M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,770.1+0.001%$37.0M500xas long as short
Kalshi KXETHPERP+0.0110%8h2,771.9+0.067%$8.1M$682.6M4.9xas long as short
Deribit ETH-PERPETUAL+0.0111%1h2,771.6+0.057%$259.1M$207.0M50xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,771.9+0.067%$96.0M$319.4M100xas long as short
Hibachi ETH/USDT-P+0.0144%1h2,772.4+0.086%$253K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0150%8h2,772.9+0.101%$32.6M$11.2M100xas long as short
BloFin ETH-USDTshort+0.0174%8h2,770.4+0.011%$287.6M$182.0M150x
Reya ETHRUSDPERP+0.0211%1h2,769.2−0.031%$7.3M$1.2M25xas long as short