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+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.040%
Price spread now: dYdX against ApeX Omni+0.106%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Long on ApeX OmniShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.257%+$26 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.106%, 7d avg −0.010%
Together, before fees+0.206%+$21 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 dYdX is 0.117% dearer against ApeX Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,748.2−0.0014get 0.0002% / 1h29m 38s$8.7M$31.6M100x
ShortdYdX ETH-USD2,751.20get 0.0000% / 1h29m 38s$10.8M$41.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX Omni. 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
$2.94
Price spread: +0.106% → −0.010%
$11.67
Slippage, 4 orders
−$5.51
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$10.9
Costs to cover
0.255%
Break-even
33.0 days
Slippage from ApeX Omni: live order book, 5 min ago; dYdX: live order book, 5 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 ApeX Omni live order book, 5 min ago0.07 bp5.1 bp −$55.6 bp −$5616.7 bp −$1,66641.4 bp −$20.7K
Sell dYdX live order book, 5 min ago1.82 bp8.5 bp −$815.0 bp −$15021.3 bp −$2,13331.6 bp −$15.8K

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
Perpl ETH−0.0447%43m2,749.7+0.052%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.3+0.039%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,750.5+0.084%$5.6M$11.3M25xas long as short
ApeX Omni ETHUSDTlong−0.0014%1h2,748.2long leg$8.7M$31.6M100x
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,750+0.063%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,746.4−0.067%$847K$3.1M25xas long as short
dYdX ETH-USDshort0.0000%1h2,751.2+0.106%$10.8M$41.9M50x
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,750.2+0.070%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0016%1h2,750.5+0.083%$181K$1.1M50xas long as short
BingX ETH-USDT+0.0033%8h2,750.3+0.074%—$1.19B—as long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0045%8h2,749.6+0.048%$1.69B$11.01B100xas long as short
HTX ETH-USDT+0.0046%8h2,749.9+0.060%$1.07B$1.21B200xas long as short
Aster ETHUSDT+0.0064%8h2,750.8+0.095%$253.1M$858.1M200xas long as short
Aevo ETH-PERP+0.0072%1h2,748.3+0.004%$4.9M$168K20xas long as short
MEXC ETH_USDT+0.0073%8h2,751+0.102%$1.57B$2.56B500xas long as short
KuCoin ETHUSDTM+0.0073%8h2,751.3+0.111%$381.6M$605.9M100xas long as short
Binance ETHUSDT+0.0074%8h2,750.2+0.073%$6.36B$16.22B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,751.9+0.134%$59.1M$4.38B50xas long as short
Bitget ETHUSDT+0.0091%8h2,750.3+0.075%$2.08B$2.85B150xas long as short
Lighter ETH+0.0096%1h2,751.4+0.117%$113.0M$442.4M50xas long as short
Lighter RH ETH+0.0096%1h2,753+0.173%$24.9M$107.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,748.7+0.018%—$35.4M500xas long as short
Gate ETH_USDT+0.0096%8h2,751.1+0.106%$3.40B$8.86B200xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,756.2+0.290%$15.9M$8.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,749.8+0.057%$469K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,748.5+0.009%$14.0M$113.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,753.6+0.195%$3.13B$2.12B25xas long as short
Pacifica ETH+0.0100%1h2,751.8+0.130%$31.6M$333.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,749.7+0.053%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,750.4+0.079%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,750.9+0.099%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,750.6+0.087%$15.1M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,747.4−0.029%$133.1M$346.1M—as long as short
edgeX ETHUSDC+0.0100%4h2,747.9−0.013%$181.7M$730.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,745.8−0.088%$159.7M$84.5M50xas long as short
StandX ETH-USD+0.0100%1h2,749+0.028%$21.3M$67.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,749.6+0.050%$10.3M$8.0M50xas long as short
Bullet ETH-USD+0.0100%1h2,749.7+0.053%$183K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,750.6+0.087%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,751.9+0.132%$41.8M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,749+0.028%$963K$12.4M100xas long as short
SoDEX ETH-USD+0.0100%1h2,750.5+0.083%$54.8M$187.6M40xas long as short
Phemex ETHUSDT+0.0100%8h2,750.4+0.079%$267.3M$66.6M150xas long as short
Bulk ETH-USD+0.0100%1h2,743.9−0.156%$165.5M$306.7M25xas long as short
Vest ETH-PERP+0.0100%1h2,750.4+0.080%—$869K50xas long as short
Aftermath Perps ETHUSD+0.0102%1h2,747.3−0.033%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,749.3+0.040%$30.5M$74.1M50xas long as short
Kalshi KXETHPERP+0.0138%8h2,749.9+0.061%$7.9M$674.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0168%8h2,752.9+0.171%$32.4M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0192%1h2,750.7+0.090%$250K$1.5M20xas long as short
Deribit ETH-PERPETUAL+0.0201%1h2,752+0.138%$258.5M$200.4M50xas long as short
Injective ETH/USDC PERP+0.0209%1h2,748.3+0.003%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0219%1h2,749.4+0.044%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,751.7+0.125%$90.0M$316.5M100xas long as short