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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: Bluefin against Vest+0.012%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest ETH-PERP2,775.50.0099pay 0.0012% / 1h4m 59s$1.1M50x
ShortBluefin ETH-PERP2,775.80.0100get 0.0013% / 1h4m 59s$21K$24K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin 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
$0.2
Price spread: +0.012% → 0.000%
$1.17
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$7.63
Costs to cover
0.090%
Break-even
272.0 days
Slippage unknown: Vest: no order-book sample; Bluefin: 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 Vest no order-book sample
Sell Bluefin no order-book sample
Vest and Bluefin: 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−0.0447%43m2,774.9−0.021%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,774.8−0.025%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,775.50.000%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.7−0.137%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,774.8−0.025%$169K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,775.2−0.009%$12.7M$45.7M50xas long as short
Phoenix ETH0.0000%1h2,775.6+0.004%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776.2+0.026%$22.4M200xas long as short
Aftermath Perps ETHUSD+0.0009%1h2,774.4−0.041%$29K$22K20xas long as short
OKX ETH-USDT-SWAP+0.0017%8h2,776.7+0.044%$1.70B$11.87B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0023%8h2,775.8+0.011%$270.3M$68.8M150xas long as short
Bullet ETH-USD+0.0025%1h2,775.5−0.001%$182K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,776.1+0.022%$12.9M200xas long as short
Aster ETHUSDT+0.0031%8h2,776.5+0.035%$255.9M$995.2M200xas long as short
ApeX Omni ETHUSDT+0.0047%1h2,770.8−0.170%$8.7M$32.6M100xas long as short
Deribit ETH-PERPETUAL+0.0049%1h2,777.3+0.064%$258.6M$222.5M50xas long as short
Aevo ETH-PERP+0.0056%1h2,772.8−0.096%$5.0M$636K20xas long as short
Nado ETH-PERP+0.0057%1h2,774.9−0.021%$14.2M$118.1M50xas long as short
MEXC ETH_USDT+0.0058%8h2,775.8+0.012%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0059%8h2,776.8+0.045%$6.44B$17.23B150xas long as short
SoDEX ETH-USD+0.0063%1h2,775.6+0.004%$55.3M$229.0M40xas long as short
Bitget ETHUSDT+0.0066%8h2,775.4−0.002%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,776.8+0.046%$3.29B$9.68B200xas long as short
HTX ETH-USDT+0.0088%8h2,775.3−0.007%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0092%8h2,776.8+0.048%$2.52B$4.62B150xas long as short
BingX ETH-USDT+0.0092%8h2,776.8+0.046%$1.20Bas long as short
KuCoin ETHUSDTM+0.0095%8h2,775.7+0.008%$421.9M$739.1M100xas long as short
Lighter ETH+0.0096%1h2,775.9+0.015%$115.2M$503.4M50xas long as short
Lighter RH ETH+0.0096%1h2,777.3+0.066%$25.5M$122.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,775.8+0.011%$41.6M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,774.7−0.030%$15.9M$10.5M50xas long as short
Vest ETH-PERPlong+0.0099%1h2,775.5long leg$1.1M50x
Katana Perps ETH-USD+0.0100%8h2,774.9−0.021%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,778.1+0.094%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,775.2−0.011%$31.2M$303.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,774.5−0.036%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,776.3+0.029%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.168%$166.1M$253.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,775.4−0.003%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,773.7−0.064%$147.3M$337.0Mas long as short
edgeX ETHUSDC+0.0100%4h2,770.4−0.185%$181.4M$780.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,773.3−0.078%$161.3M$91.0M50xas long as short
StandX ETH-USD+0.0100%1h2,771.4−0.148%$21.4M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,776.8+0.047%$10.8M$7.6M50xas long as short
Bluefin ETH-PERPshort+0.0100%1h2,775.8+0.012%$21K$24K25x
Derive ETH-PERP+0.0100%1h2,778.1+0.094%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,774.2−0.048%$973K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,775.1−0.015%$32.6M$77.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.1+0.057%$59.9M$4.60B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,775.50.000%$8.4M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,778.5+0.109%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,777+0.053%$86.4M$332.4M100xas long as short
BloFin ETH-USDT+0.0179%8h2,775.4−0.002%$285.1M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0195%1h2,775.4−0.004%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0272%1h2,773.3−0.079%$270K$1.5M20xas long as short