ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h +0.019%

Price spread now: Kraken Futures against Vest−0.023%7-day average −0.012% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.023%, 7d avg −0.012%

Together, before fees+0.019%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest ETH-PERP	2,730.4	0.0100	pay 0.0013% / 1h	51m 56s	—	$445K	50x
Short	Kraken Futures PF_ETHUSD	2,729.8	0.0060	get 0.0007% / 1h	51m 56s	$82.0M	$309.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee VestbpFee Kraken FuturesbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$8.42
Price spread: −0.023% → −0.012%: −$1.07
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$21.49
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 2 min ago	0.18 bp	5.6 bp −$6	6.4 bp −$64	8.1 bp −$806	11.1 bp −$5,556

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ETHUSDT	−0.0132%	1h	2,727.7	−0.100%	$8.6M	$31.6M	100x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,729.3	−0.041%	$5K	$1K	50x	as long as short
Phoenix ETH	−0.0015%	1h	2,730	−0.016%	$812K	$3.0M	25x	as long as short
BloFin ETH-USDT	−0.0011%	8h	2,728.3	−0.080%	$281.5M	$177.2M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,729.2	−0.045%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,729.2	−0.047%	$10.5M	$42.7M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,729.6	−0.030%	$6.5M	$680.5M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,728.3	−0.077%	$287K	$5.8M	8.3x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,730.2	−0.008%	$262.4M	$212.4M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,729.2	−0.044%	$32.9M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDC	+0.0020%	8h	2,730.3	−0.003%	—	$18.6M	—	as long as short
Bybit ETHUSDT	+0.0024%	8h	2,730.8	+0.012%	$2.33B	$4.38B	150x	as long as short
HTX ETH-USDT	+0.0030%	8h	2,728.5	−0.069%	$1.05B	$1.22B	200x	as long as short
01 Exchange ETHUSD	+0.0040%	1h	2,729.3	−0.041%	$192K	$891K	50x	as long as short
Injective ETH/USDC PERP	+0.0050%	1h	2,731.1	+0.025%	$117K	$20.2M	52x	as long as short
Kraken Futures PF_ETHUSDshort	+0.0060%	1h	2,729.8	−0.023%	$82.0M	$309.6M	100x
KuCoin ETHUSDTM	+0.0068%	8h	2,731.6	+0.044%	$385.2M	$577.7M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0077%	8h	2,731.1	+0.026%	$1.65B	$10.86B	100x	as long as short
Aster ETHUSDT	+0.0080%	8h	2,731.2	+0.028%	$253.0M	$848.8M	200x	as long as short
MEXC ETH_USDT	+0.0093%	8h	2,731.3	+0.031%	$1.55B	$2.55B	500x	as long as short
Binance ETHUSDT	+0.0093%	8h	2,730.9	+0.015%	$6.32B	$16.14B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,729.7	−0.026%	$112.6M	$429.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,731.5	+0.039%	$23.5M	$101.8M	50x	as long as short
Hibachi ETH/USDT-P	+0.0096%	1h	2,731.5	+0.039%	$242K	$1.4M	20x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,726.6	−0.142%	$4.9M	$179K	20x	as long as short
Phemex ETHUSDT	+0.0099%	8h	2,730	−0.015%	$263.1M	$64.5M	150x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,728.4	−0.074%	$502K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,732.3	+0.070%	$15.4M	$7.8M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,728.5	−0.071%	$14.0M	$104.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,732	+0.058%	$3.10B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,729.5	−0.034%	$32.2M	$333.8M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,727.7	−0.100%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,729.1	−0.050%	$1.5M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,730	−0.016%	$3.31B	$8.84B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.4	+0.037%	$2.11B	$2.77B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,729.7	−0.027%	$15.0M	$41.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,726.9	−0.129%	$133.9M	$319.8M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,727.6	−0.104%	$185.5M	$682.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,729.3	−0.042%	$158.6M	$83.7M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,729.1	−0.049%	$21.0M	$70.4M	40x	as long as short
Vest ETH-PERPlong	+0.0100%	1h	2,730.4	long leg	—	$445K	50x
Polymarket Perps ETH-USD	+0.0100%	1h	2,730	−0.016%	$11.2M	$9.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,728.7	−0.062%	$186K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,729.4	−0.038%	$22K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,730.8	+0.012%	$40.9M	$30.1M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,727.8	−0.095%	$957K	$10.9M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,729.1	−0.049%	$54.4M	$187.2M	40x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,729	−0.053%	$162.7M	$352.6M	25x	as long as short
Aftermath Perps ETHUSD	+0.0102%	1h	2,729.8	−0.024%	$30K	$20K	20x	as long as short
Extended ETH-USD	+0.0104%	1h	2,730.7	+0.009%	$30.4M	$72.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,728.5	−0.071%	—	$30.4M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,730.5	+0.002%	$46.6M	$4.30B	50x	as long as short
RISEx ETH/USDC	+0.0114%	1h	2,729.4	−0.038%	$5.6M	$11.7M	25x	as long as short
Orderly PERP_ETH_USDC	+0.0185%	8h	2,731.2	+0.029%	$32.2M	$11.3M	100x	as long as short
Reya ETHRUSDPERP	+0.0185%	1h	2,728	−0.088%	$7.3M	$975K	25x	as long as short