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Funding arb · Price arb /

ETH

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.003%
Price spread now: BingX against Aevo+0.052%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Long on AevoShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.052%, 7d avg +0.058%
Together, before fees+0.033%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,7300.0096pay 0.0012% / 1h8m 39s$4.9M$165K20x
ShortBingX ETH-USDT2,731.50.0024get 0.0024% / 8h1h 08m—$1.10B—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aevo. 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
−$15.12
Price spread: +0.052% → +0.058%
−$0.61
Slippage, 4 orders
−$16.18
Fee Aevo: 8 bp × 2 orders
−$16
Fee BingX: 5 bp × 2 orders
−$10
Net
−$57.92
Costs to cover
0.422%
Break-even
never at this rate
Slippage from Aevo: live order book, 1 min ago; BingX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 1 min ago5.72 bp17.1 bp −$1737.6 bp −$376doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago0.04 bp5.0 bp −$55.0 bp −$505.0 bp −$5045.8 bp −$2,877

ETH on 54 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
Hotstuff ETH-PERP−0.0080%1h2,732.1+0.076%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,733.1+0.112%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,732.5+0.091%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,733.1+0.112%$813K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,732.4+0.085%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,732.4+0.087%$6.6M$683.3M4.9xas long as short
Perpl ETH0.0000%43m2,732.2+0.080%$288K$5.8M8.3xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,733.5+0.127%$262.6M$213.4M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,732.5+0.090%$33.0M—200xas long as short
ApeX Omni ETHUSDT+0.0012%1h2,731.7+0.060%$8.6M$31.5M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0016%1h2,733.2+0.116%$191K$889K50xas long as short
BingX ETH-USDTshort+0.0024%8h2,731.5+0.052%—$1.10B—
HTX ETH-USDT+0.0027%8h2,732.7+0.099%$1.05B$1.22B200xas long as short
Bybit ETHUSDT+0.0028%8h2,731.3+0.048%$2.34B$4.38B150xas long as short
KuCoin ETHUSDTM+0.0068%8h2,731.4+0.050%$379.5M$576.7M100xas long as short
SoDEX ETH-USD+0.0071%1h2,732.5+0.090%$54.4M$187.1M40xas long as short
OKX ETH-USDT-SWAP+0.0081%8h2,731.3+0.048%$1.65B$10.86B100xas long as short
Aster ETHUSDT+0.0083%8h2,731.4+0.051%$253.0M$846.8M200xas long as short
Phemex ETHUSDT+0.0088%8h2,732.6+0.094%$263.1M$64.5M150xas long as short
Bullet ETH-USD+0.0088%1h2,732.7+0.099%$189K$1.7M20xas long as short
MEXC ETH_USDT+0.0095%8h2,731.5+0.055%$1.54B$2.61B500xas long as short
Binance ETHUSDT+0.0095%8h2,731.5+0.055%$6.33B$16.10B150xas long as short
Lighter ETH+0.0096%1h2,732.2+0.080%$112.8M$438.8M50xas long as short
Lighter RH ETH+0.0096%1h2,733.3+0.120%$23.5M$103.4M50xas long as short
Aevo ETH-PERPlong+0.0096%1h2,730long leg$4.9M$165K20x
Aftermath Perps ETHUSD+0.0099%1h2,733.4+0.123%$30K$20K20xas long as short
Katana Perps ETH-USD+0.0100%8h2,731.4+0.050%$502K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,736.6+0.241%$15.4M$7.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,731.4+0.049%$14.1M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,733.9+0.142%$3.11B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,732.5+0.091%$32.0M$332.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,731.6+0.057%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,732.4+0.087%$1.5M$16.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,731.8+0.065%$164.2M$349.6M25xas long as short
Gate ETH_USDT+0.0100%8h2,731.6+0.059%$3.31B$9.04B200xas long as short
Bitget ETHUSDT+0.0100%8h2,731.6+0.059%$2.10B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,732.4+0.085%$15.1M$41.8M50xas long as short
Variational Omni ETH+0.0100%8h2,731.2+0.043%$134.1M$321.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,732.2+0.078%$185.8M$682.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,732+0.073%$158.8M$85.9M50xas long as short
StandX ETH-USD+0.0100%1h2,733+0.109%$21.0M$70.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,733.9+0.140%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,733.6+0.131%$11.2M$9.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,733.3+0.120%$22K$21K25xas long as short
SunX ETH-USDT+0.0100%8h2,732.1+0.077%$958K$10.9M100xas long as short
Extended ETH-USD+0.0104%1h2,730.7+0.023%$30.4M$72.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,732.4+0.087%—$30.4M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,733.6+0.132%$46.5M$4.31B50xas long as short
RISEx ETH/USDC+0.0115%1h2,732.3+0.084%$5.6M$11.6M25xas long as short
Hibachi ETH/USDT-P+0.0144%1h2,733+0.109%$243K$1.4M20xas long as short
Orderly PERP_ETH_USDC+0.0185%8h2,734.8+0.175%$32.2M$11.3M100xas long as short
Reya ETHRUSDPERP+0.0188%1h2,731.7+0.060%$7.3M$975K25xas long as short
Kraken Futures PF_ETHUSD+0.0210%1h2,733.1+0.111%$82.2M$309.8M100xas long as short
BloFin ETH-USDT+0.0381%8h2,732.4+0.088%$281.0M$175.4M150xas long as short