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 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: Nado against ApeX Omni+0.138%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Long on ApeX OmniShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.112%+$11 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.138%, 7d avg +0.012%
Together, before fees−0.020%+ Points / potential airdropNado: Active · farm board−$2 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 Nado is 0.126% dearer against ApeX Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,776.40.0049pay 0.0006% / 1h56m 59s$8.8M$32.7M100x
ShortNado ETH-PERP2,780.20.0062get 0.0008% / 1h56m 59s$14.3M$118.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$2.72
Price spread: +0.138% → +0.012%
$12.62
Slippage, 4 orders
−$0.77
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$2.43
Costs to cover
0.178%
Break-even
13.3 days
Slippage from ApeX Omni: live order book, 2 min ago; Nado: live order book, 2 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, 2 min ago0.07 bp5.1 bp −$57.2 bp −$7225.6 bp −$2,55742.4 bp −$21.2K
Sell Nado live order book, 2 min ago0.18 bp3.7 bp −$43.7 bp −$375.6 bp −$55513.8 bp −$6,915

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%43m2,779.7+0.122%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,779.8+0.123%$5.7M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,777.7+0.049%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,779.7+0.121%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0040%1h2,780.4+0.146%$169K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,779.4+0.111%$12.7M$45.8M50xas long as short
Phoenix ETH0.0000%1h2,778.7+0.085%$881K$3.7M25xas long as short
Aftermath Perps ETHUSD+0.0001%1h2,777.9+0.057%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,781.4+0.182%$22.5M—200xas long as short
BingX ETH-USDT+0.0014%8h2,781.9+0.200%—$1.21B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0019%8h2,782+0.204%$1.70B$11.90B100xas long as short
Phemex ETHUSDT+0.0022%8h2,780.5+0.151%$270.9M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,781.3+0.179%$12.9M—200xas long as short
Bullet ETH-USD+0.0028%1h2,780.5+0.151%$182K$1.7M20xas long as short
Aster ETHUSDT+0.0033%8h2,781.6+0.188%$255.0M$998.1M200xas long as short
ApeX Omni ETHUSDTlong+0.0049%1h2,776.4long leg$8.8M$32.7M100x
Deribit ETH-PERPETUAL+0.0056%1h2,782.1+0.209%$258.7M$222.8M50xas long as short
Binance ETHUSDT+0.0061%8h2,782+0.203%$6.45B$17.24B150xas long as short
MEXC ETH_USDT+0.0061%8h2,781.3+0.178%$1.60B$2.62B500xas long as short
Nado ETH-PERPshort+0.0062%1h2,780.2+0.138%$14.3M$118.2M50x
Bitget ETHUSDT+0.0064%8h2,781.3+0.178%$2.10B$3.10B150xas long as short
Aevo ETH-PERP+0.0064%1h2,779.4+0.111%$5.0M$636K20xas long as short
Gate ETH_USDT+0.0070%8h2,781.8+0.197%$3.31B$9.56B200xas long as short
SoDEX ETH-USD+0.0084%1h2,780.7+0.157%$55.4M$229.0M40xas long as short
HTX ETH-USDT+0.0088%8h2,780.3+0.142%$1.08B$1.32B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,782+0.205%$60.2M$4.61B50xas long as short
Bybit ETHUSDT+0.0090%8h2,782.1+0.205%$2.52B$4.62B150xas long as short
KuCoin ETHUSDTM+0.0092%8h2,780.8+0.162%$423.8M$739.4M100xas long as short
Vest ETH-PERP+0.0095%1h2,780.5+0.151%—$1.1M50xas long as short
Lighter ETH+0.0096%1h2,781+0.166%$115.3M$492.8M50xas long as short
Lighter RH ETH+0.0096%1h2,782.6+0.226%$25.5M$120.4M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,779.2+0.104%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,779.9+0.128%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,783.5+0.258%$3.20B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,779.7+0.120%$31.3M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,779+0.095%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,781.1+0.169%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.057%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,780.7+0.157%$15.1M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,775.9−0.015%$147.5M$336.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,776.8+0.018%$181.7M$779.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.9+0.020%$161.5M$90.7M50xas long as short
StandX ETH-USD+0.0100%1h2,779.1+0.099%$21.5M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,782+0.204%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,780.7+0.157%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,782.9+0.237%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,780.1+0.134%$974K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,780.8+0.160%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,781.3+0.178%—$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0122%1h2,781.9+0.201%$86.6M$332.6M100xas long as short
Kalshi KXETHPERP+0.0124%8h2,780.7+0.157%$8.3M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,783.5+0.256%$32.7M$12.0M100xas long as short
BloFin ETH-USDT+0.0181%8h2,780.3+0.144%$285.2M$195.1M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,780.7+0.155%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0296%1h2,780.2+0.140%$270K$1.5M20xas long as short