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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 02:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Coinbase International against Aevo+0.133%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Long on AevoShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.133%, 7d avg +0.093%
Together, before fees+0.069%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.040% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,741.20.0080pay 0.0010% / 1h45m 03s$4.9M$159K20x
ShortCoinbase International ETH-PERP-INTX2,744.90.0096get 0.0012% / 1h45m 03s$59.0M$4.27B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$3.36
Price spread: +0.133% → +0.093%
$3.97
Slippage, 4 orders
−$17.14
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$35.81
Costs to cover
0.431%
Break-even
81.6 days
Slippage from Aevo: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago7.74 bp15.8 bp −$1633.7 bp −$33749.8 bp −$4,978doesn't fit
Sell Coinbase International live order book, 4 min ago0.02 bp5.0 bp −$55.1 bp −$519.6 bp −$95923.3 bp −$11.7K

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−0.0112%43m2,742.9+0.063%$305K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,741.6+0.014%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,744.7+0.127%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743.7+0.090%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,742.8+0.058%$10.8M$41.8M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,743.8+0.092%$22.2M—200xas long as short
Phoenix ETH+0.0017%1h2,740.6−0.023%$845K$2.9M25xas long as short
01 Exchange ETHUSD+0.0040%1h2,744.1+0.105%$182K$916K50xas long as short
BingX ETH-USDC+0.0047%8h2,743.6+0.085%—$18.5M—as long as short
OKX ETH-USDT-SWAP+0.0061%8h2,745+0.137%$1.70B$10.58B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0064%8h2,744.5+0.118%$376.7M$598.0M100xas long as short
RISEx ETH/USDC+0.0077%1h2,744.2+0.108%$5.7M$11.2M25xas long as short
Aster ETHUSDT+0.0078%8h2,744.3+0.112%$252.4M$841.2M200xas long as short
Aevo ETH-PERPlong+0.0080%1h2,741.2long leg$4.9M$159K20x
MEXC ETH_USDT+0.0087%8h2,743.3+0.077%$1.56B$2.53B500xas long as short
Binance ETHUSDT+0.0088%8h2,744.2+0.107%$6.38B$15.72B150xas long as short
Lighter ETH+0.0096%1h2,744.4+0.115%$112.8M$431.8M50xas long as short
Lighter RH ETH+0.0096%1h2,745.7+0.163%$24.7M$103.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,741.3+0.003%—$30.9M500xas long as short
Coinbase International ETH-PERP-INTXshort+0.0096%1h2,744.9+0.133%$59.0M$4.27B50x
Bullet ETH-USD+0.0096%1h2,743.5+0.084%$182K$1.7M20xas long as short
HTX ETH-USDT+0.0097%8h2,743.4+0.079%$1.06B$1.18B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,746.7+0.199%$16.1M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,743.3+0.076%$469K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,743.6+0.088%$13.9M$106.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,746.2+0.181%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,742.9+0.061%$31.6M$334.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,745+0.137%$2.45B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,741.3+0.003%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,744.2+0.107%$2.7M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,743.5+0.084%$165.1M$304.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,744.4+0.116%$3.40B$8.68B200xas long as short
Bitget ETHUSDT+0.0100%8h2,744.9+0.134%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,743.2+0.072%$15.0M$40.9M50xas long as short
Variational Omni ETH+0.0100%8h2,740.4−0.031%$132.4M$336.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,739.2−0.075%$181.4M$691.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,739.8−0.053%$159.3M$82.0M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,740.9−0.011%$8.7M$31.1M100xas long as short
StandX ETH-USD+0.0100%1h2,740.9−0.012%$21.2M$69.4M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,744.6+0.123%$10.9M$8.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,744+0.099%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,745.7+0.163%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,740.6−0.025%$962K$11.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,743.9+0.098%$54.6M$187.5M40xas long as short
Deribit ETH-PERPETUAL+0.0100%1h2,745.1+0.141%$258.8M$195.7M50xas long as short
Phemex ETHUSDT+0.0100%8h2,743.4+0.081%$266.9M$65.1M150xas long as short
Vest ETH-PERP+0.0100%1h2,743.7+0.091%—$819K50xas long as short
Extended ETH-USD+0.0104%1h2,744.3+0.111%$30.6M$72.5M50xas long as short
Aftermath Perps ETHUSD+0.0131%1h2,743.4+0.079%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0152%8h2,743.7+0.090%$7.7M$668.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,746.4+0.189%$32.3M$11.1M100xas long as short
BloFin ETH-USDT+0.0208%8h2,742.9+0.062%$286.0M$177.5M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,744.6+0.121%$87.4M$310.1M100xas long as short
Reya ETHRUSDPERP+0.0225%1h2,743.5+0.082%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,740.9−0.014%$249K$1.4M20xas long as short