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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

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
My alerts

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.

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Arcus+0.001%52s7-day average −0.010% · 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—prices read too far apart to compare
costs, in and out, $10k−$140.138% of the position
Long on ArcusShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.001%, 7d avg −0.010%
Together, before fees−0.044%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus ETH-USD2,775.20.0100pay 0.0013% / 1h56m 39s$2.8M$17.7M25x
ShortNado ETH-PERP2,775.20.0100get 0.0012% / 1h56m 39s$16.3M$115.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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
$0
Price spread: +0.001% → −0.010%
$1.04
Slippage, 4 orders
−$2.31
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$12.78
Costs to cover
0.138%
Break-even
never at this rate
Slippage from Arcus: live order book, 3 min ago; Nado: live order book, 3 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 Arcus live order book, 3 min ago0.22 bp2.8 bp −$33.7 bp −$37doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago0.18 bp3.7 bp −$43.7 bp −$375.6 bp −$56012.4 bp −$6,182

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%43m2,775.6+0.014%$290K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,773.8−0.049%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.1+0.034%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,772.9−0.081%$172K$1.2M50xas long as short
Phoenix ETH−0.0032%1h2,776.7+0.055%$794K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,773−0.077%$5.8M$12.0M25xas long as short
dYdX ETH-USD0.0000%1h2,775.9+0.025%$13.0M$45.3M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776.5+0.047%$22.4M—200xas long as short
Phemex ETHUSDT+0.0013%8h2,776.8+0.058%$267.3M$66.0M150xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,773.7−0.054%$1.71B$11.92B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0025%1h2,776.1+0.034%$55.3M$228.5M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,776.3+0.040%$13.0M—200xas long as short
Aftermath Perps ETHUSD+0.0032%1h2,781.3+0.220%$29K$22K20xas long as short
Binance ETHUSDT+0.0044%8h2,774.6−0.020%$6.46B$17.34B150xas long as short
MEXC ETH_USDT+0.0045%8h2,774.5−0.023%$1.61B$2.61B500xas long as short
Aster ETHUSDT+0.0047%8h2,775.9+0.027%$256.6M$1.00B200xas long as short
Aevo ETH-PERP+0.0048%1h2,775.2+0.001%$5.0M$636K20xas long as short
Gate ETH_USDT+0.0053%8h2,773.5−0.059%$3.29B$9.51B200xas long as short
ApeX Omni ETHUSDT+0.0054%1h2,780.8+0.205%$10.5M$30.9M100xas long as short
Bitget ETHUSDT+0.0074%8h2,773.1−0.073%$2.09B$3.14B150xas long as short
Variational Omni ETH+0.0093%8h2,785.4+0.370%$141.2M$320.4M—as long as short
Bullet ETH-USD+0.0094%1h2,775.3+0.006%$189K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,776+0.031%$115.4M$506.0M50xas long as short
Lighter RH ETH+0.0096%1h2,777.2+0.075%$25.5M$121.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,776.4+0.045%—$46.4M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,775.5+0.014%$15.9M$11.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.6−0.056%$493K$2.7M50xas long as short
Nado ETH-PERPshort+0.0100%1h2,775.2+0.001%$16.3M$115.7M50x
Hyperliquid ETH+0.0100%1h2,778.1+0.106%$3.21B$2.41B25xas long as short
Pacifica ETH+0.0100%1h2,775.6+0.015%$31.2M$281.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,773.7−0.052%$2.51B$4.67B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,773.7−0.053%$2.9M$16.6M25xas long as short
Arcus ETH-USDlong+0.0100%1h2,775.2long leg$2.8M$17.7M25x
Bulk ETH-USD+0.0100%1h2,780.5+0.193%$165.0M$263.0M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,774.9−0.010%$427.0M$750.0M100xas long as short
BingX ETH-USDC+0.0100%8h2,773.4−0.064%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,777.6+0.088%$15.4M$42.5M50xas long as short
edgeX ETHUSDC+0.0100%4h2,782+0.246%$177.9M$785.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,780.7+0.200%$161.8M$98.4M50xas long as short
StandX ETH-USD+0.0100%1h2,779.6+0.160%$21.5M$57.4M40xas long as short
Vest ETH-PERP+0.0100%1h2,776.8+0.058%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.3+0.077%$10.8M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,776.1+0.034%$21K$25K25xas long as short
SunX ETH-USDT+0.0100%8h2,775.5+0.011%$973K$14.4M100xas long as short
HTX ETH-USDT+0.0100%8h2,775.3+0.005%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,773.3−0.068%$31.7M$76.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.8+0.095%$60.4M$4.67B50xas long as short
Kalshi KXETHPERP+0.0110%8h2,776.4+0.045%$8.6M$673.1M4.9xas long as short
Derive ETH-PERP+0.0115%1h2,778.5+0.119%$43.0M$30.0M15xas long as short
Orderly PERP_ETH_USDC+0.0127%8h2,778.8+0.129%$32.6M$11.7M100xas long as short
Deribit ETH-PERPETUAL+0.0146%1h2,778.2+0.108%$258.9M$224.3M50xas long as short
BloFin ETH-USDT+0.0166%8h2,775.9+0.026%$287.4M$197.8M150xas long as short
Reya ETHRUSDPERP+0.0195%1h2,774.7−0.016%$7.5M$1.0M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,777.8+0.095%$88.7M$333.5M100xas long as short
Hibachi ETH/USDT-P+0.0344%1h2,778.2+0.111%$274K$1.5M20xas long as short