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 23:00 UTC+0.0062%/8h= +6.7% APRpaid last 24h −0.001%
Price spread now: Lighter RH against Aster+0.094%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$110.112% of the position
Long on AsterShort on Lighter RH
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.094%, 7d avg +0.019%
Together, before fees−0.027%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.075% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,775.80.0034pay 0.0034% / 8h1h 54m$256.7M$993.8M200x
ShortLighter RH ETH2,778.50.0096get 0.0012% / 1h54m 25s$25.4M$120.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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
$12.93
Price spread: +0.094% → +0.019%
$7.51
Slippage, 4 orders
−$3.23
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$9.22
Costs to cover
0.112%
Break-even
2.0 days
Slippage from Aster: live order book, 5 min ago; Lighter RH: 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 Aster live order book, 5 min ago0.02 bp4.1 bp −$44.4 bp −$445.1 bp −$50711.2 bp −$5,595
Sell Lighter RH live order book, 5 min ago0.74 bp1.2 bp −$13.2 bp −$329.6 bp −$96168.9 bp −$34.5K

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%43m2,775.2−0.023%$290K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,776.2+0.013%$5.8M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.7+0.031%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,773.8−0.074%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,776.2+0.013%$169K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,775.6−0.009%$886K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,777.2+0.049%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0006%1h2,772.8−0.108%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,774.3−0.057%$22.4M—200xas long as short
BingX ETH-USDT+0.0018%8h2,773.4−0.090%—$1.19B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ETH-PERP+0.0018%1h2,775.5−0.011%$14.3M$118.8M50xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,773.3−0.093%$1.71B$11.88B100xas long as short
Hibachi ETH/USDT-P+0.0024%1h2,778.4+0.093%$277K$1.5M20xas long as short
Phemex ETHUSDT+0.0024%8h2,776.4+0.018%$267.4M$65.9M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,774.4−0.053%$13.2M—200xas long as short
Aster ETHUSDTlong+0.0034%8h2,775.8long leg$256.7M$993.8M200x
Bullet ETH-USD+0.0050%1h2,773.7−0.077%$182K$1.8M20xas long as short
MEXC ETH_USDT+0.0053%8h2,774.7−0.043%$1.60B$2.63B500xas long as short
Binance ETHUSDT+0.0054%8h2,773.7−0.076%$6.44B$17.20B150xas long as short
Aevo ETH-PERP+0.0056%1h2,776.9+0.039%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0074%8h2,774.7−0.043%$2.10B$3.12B150xas long as short
Gate ETH_USDT+0.0080%8h2,774.1−0.062%$3.28B$9.53B200xas long as short
Deribit ETH-PERPETUAL+0.0081%1h2,776.9+0.039%$258.4M$225.0M50xas long as short
Lighter ETH+0.0096%1h2,777.5+0.061%$115.2M$494.8M50xas long as short
Lighter RH ETHshort+0.0096%1h2,778.5+0.094%$25.4M$120.6M50x
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,776.8+0.035%—$41.7M500xas long as short
HTX ETH-USDT+0.0098%8h2,775.7−0.004%$1.08B$1.32B200xas long as short
Variational Omni ETH+0.0098%8h2,772.1−0.133%$135.2M$326.5M—as long as short
Paradex ETH-USD-PERP+0.0100%8h2,776.5+0.024%$16.0M$10.7M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.3+0.017%$482K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,777.2+0.049%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,777.1+0.046%$31.3M$293.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,773.4−0.087%$2.51B$4.63B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.2+0.013%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,778.7+0.104%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,771−0.176%$164.2M$249.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,775.4−0.017%$424.4M$740.2M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.8+0.034%$15.2M$44.0M50xas long as short
edgeX ETHUSDC+0.0100%4h2,768.2−0.277%$179.4M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.8−0.182%$161.2M$96.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,767.8−0.289%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,777+0.042%$21.4M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,775.7−0.004%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,776.4+0.020%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,776.5+0.024%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,777.6+0.063%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.4−0.014%$972K$14.1M100xas long as short
SoDEX ETH-USD+0.0100%1h2,775.4−0.016%$55.3M$228.6M40xas long as short
Extended ETH-USD+0.0104%1h2,776.3+0.016%$31.5M$75.3M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777+0.042%$60.0M$4.62B50xas long as short
Kalshi KXETHPERP+0.0109%8h2,775.1−0.027%$8.7M$673.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,776.2+0.013%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,776.8+0.035%$86.2M$331.6M100xas long as short
BloFin ETH-USDT+0.0173%8h2,775.7−0.006%$286.5M$195.2M150xas long as short
Reya ETHRUSDPERP+0.0187%1h2,774.5−0.047%$7.4M$1.1M25xas long as short