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

ETH

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%
Price spread now: Reya against Vest−0.004%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on VestShort on Reya
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.048%+$5 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.004%, 7d avg −0.039%
Together, before fees+0.046%+ Points / potential airdropVest: Active · Reya: 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 Reya is 0.035% dearer against Vest than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest ETH-PERP2,775.50.0099pay 0.0012% / 1h5m 28s—$1.1M50x
ShortReya ETHRUSDPERP2,775.40.0195get 0.0024% / 1h5m 28s$7.4M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$20.16
Price spread: −0.004% → −0.039%
$3.52
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Reya: 3 bp × 2 orders
−$6
Net
$15.67
Costs to cover
0.080%
Break-even
1.6 days
Slippage unknown: Vest: no order-book sample; Reya: 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 Reya no order-book sample—————
Vest and Reya: 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%1h2,779.6+0.148%$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%$22.4M—200xas long as short
Aftermath Perps ETHUSD+0.0009%1h2,774.4−0.041%$29K$22K20xas long as short
OKX ETH-USDT-SWAP+0.0017%8h2,775.2−0.011%$1.70B$11.86B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0022%8h2,774.7−0.028%$270.2M$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%$12.9M—200xas long as short
Aster ETHUSDT+0.0031%8h2,775.3−0.007%$255.8M$995.1M200xas long as short
ApeX Omni ETHUSDT+0.0047%1h2,770.8−0.170%$8.7M$32.6M100xas long as short
Aevo ETH-PERP+0.0056%1h2,772.2−0.118%$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%8h2,775.7+0.007%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0059%8h2,775.50.000%$6.44B$17.23B150xas long as short
Deribit ETH-PERPETUAL+0.0063%1h2,776.5+0.035%$258.7M$222.4M50xas long as short
SoDEX ETH-USD+0.0065%1h2,774.8−0.025%$55.2M$229.0M40xas long as short
Bitget ETHUSDT+0.0066%8h2,775.5−0.002%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,775−0.018%$3.29B$9.68B200xas long as short
HTX ETH-USDT+0.0088%8h2,774.6−0.032%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0092%8h2,775.3−0.006%$2.52B$4.62B150xas long as short
BingX ETH-USDC+0.0092%8h2,775−0.018%—$17.4M—as long as short
KuCoin ETHUSDTM+0.0095%8h2,775.2−0.012%$421.8M$739.1M100xas long as short
Lighter ETH+0.0096%1h2,775−0.016%$115.1M$503.3M50xas long as short
Lighter RH ETH+0.0096%1h2,776.7+0.043%$25.5M$121.9M50xas 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+0.090%$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%1h2,774.7−0.029%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,770.9−0.167%$144.7M$334.7M—as 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-PERP+0.0100%1h2,775.4−0.005%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,777.4+0.068%$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%1h2,774.4−0.040%$32.6M$77.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,776.2+0.024%$59.9M$4.60B50xas long as short
Kalshi KXETHPERP+0.0125%8h2,775−0.018%$8.3M$681.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,778+0.089%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,776+0.017%$86.4M$332.4M100xas long as short
BloFin ETH-USDT+0.0180%8h2,772.7−0.101%$284.7M$194.4M150xas long as short
Reya ETHRUSDPERPshort+0.0195%1h2,775.4−0.004%$7.4M$1.2M25x
Hibachi ETH/USDT-P+0.0272%1h2,773.3−0.079%$270K$1.5M20xas long as short