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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against Binance0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg −0.001%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,7760.0061pay 0.0061% / 8h1h 02m$6.44B$17.23B150x
ShortBitget ETHUSDT2,7760.0066get 0.0066% / 8h1h 02m$2.10B$3.10B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$1.15
Price spread: 0.000% → −0.001%
$0.1
Slippage, 4 orders
−$0.07
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.82
Costs to cover
0.221%
Break-even
133.9 days
Slippage from Binance: live order book, 12 min ago; Bitget: 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 Binance live order book, 12 min ago0.02 bp5.0 bp −$55.0 bp −$506.0 bp −$5998.2 bp −$4,081
Sell Bitget live order book, 2 min ago0.02 bp6.0 bp −$66.0 bp −$607.1 bp −$7129.2 bp −$4,582

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%43m2,777.3+0.050%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,775.8−0.004%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777+0.038%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.7−0.153%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,776.5+0.020%$169K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,777.1+0.040%$12.7M$45.8M50xas long as short
Phoenix ETH0.0000%1h2,775.6−0.013%$885K$3.7M25xas long as short
Aftermath Perps ETHUSD+0.0003%1h2,775.3−0.023%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.4+0.051%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0017%8h2,776+0.002%$1.70B$11.87B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0022%8h2,776.9+0.033%$270.5M$68.8M150xas long as short
Bullet ETH-USD+0.0023%1h2,776.4+0.016%$183K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.2+0.046%$12.9M200xas long as short
Aster ETHUSDT+0.0033%8h2,776.5+0.019%$254.7M$995.2M200xas long as short
ApeX Omni ETHUSDT+0.0047%1h2,770.8−0.186%$8.7M$32.6M100xas long as short
Nado ETH-PERP+0.0055%1h2,776.9+0.036%$14.3M$118.2M50xas long as short
Aevo ETH-PERP+0.0056%1h2,774.5−0.054%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0059%8h2,776.2+0.010%$1.60B$2.68B500xas long as short
Binance ETHUSDTlong+0.0061%8h2,776long leg$6.44B$17.23B150x
SoDEX ETH-USD+0.0062%1h2,776.5+0.020%$55.3M$229.0M40xas long as short
Bitget ETHUSDTshort+0.0066%8h2,7760.000%$2.10B$3.10B150x
Gate ETH_USDT+0.0073%8h2,776.4+0.015%$3.30B$9.69B200xas long as short
HTX ETH-USDT+0.0088%8h2,776.6+0.022%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0092%8h2,776.2+0.008%$2.52B$4.62B150xas long as short
BingX ETH-USDC+0.0092%8h2,775.7−0.009%$17.4Mas long as short
Deribit ETH-PERPETUAL+0.0092%1h2,778.3+0.085%$258.7M$222.7M50xas long as short
KuCoin ETHUSDTM+0.0094%8h2,776.3+0.013%$422.2M$739.4M100xas long as short
Lighter ETH+0.0096%1h2,776.7+0.027%$115.2M$503.5M50xas long as short
Lighter RH ETH+0.0096%1h2,778.3+0.084%$25.5M$122.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,777.8+0.065%$41.6M500xas long as short
Vest ETH-PERP+0.0098%1h2,777.2+0.046%$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,775.9−0.001%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.5+0.020%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.1+0.113%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,776.8+0.032%$31.2M$303.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,775.8−0.006%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,777.4+0.050%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.185%$166.1M$253.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.4+0.017%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,773.7−0.081%$147.3M$337.0Mas long as short
edgeX ETHUSDC+0.0100%4h2,774.2−0.063%$181.6M$781.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.009%$161.4M$90.8M50xas long as short
StandX ETH-USD+0.0100%1h2,776.9+0.034%$21.4M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.8+0.066%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.3+0.048%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.9+0.106%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.6+0.023%$973K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,775.5−0.018%$32.6M$77.5M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,778+0.072%$59.9M$4.61B50xas long as short
Kalshi KXETHPERP+0.0127%8h2,778+0.074%$8.4M$681.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.4+0.124%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,777.8+0.068%$86.4M$332.5M100xas long as short
BloFin ETH-USDT+0.0180%8h2,776.5+0.021%$284.8M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0195%1h2,776.5+0.020%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0280%1h2,778.1+0.077%$270K$1.5M20xas long as short