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

ETH

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Alert: funding
Measured
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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
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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 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h −0.025%
Price spread now: Gate against Binance−0.007%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Long on BinanceShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days+0.015%+$2 · spread now −0.007%, 7d avg −0.003%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,737.20.0090pay 0.0090% / 8h4h 57m$6.36B$15.70B150x
ShortGate ETH_USDT2,7370.0100get 0.0100% / 8h4h 57m$3.38B$8.66B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$2.1
Price spread: −0.007% → −0.003%
−$0.41
Slippage, 4 orders
−$0.07
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$23.39
Costs to cover
0.251%
Break-even
85.0 days
Slippage from Binance: live order book, 2 min ago; Gate: 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, 2 min ago0.02 bp5.0 bp −$55.1 bp −$516.6 bp −$6578.6 bp −$4,301
Sell Gate live order book, 2 min ago0.02 bp7.5 bp −$87.6 bp −$7611.0 bp −$1,10119.2 bp −$9,624

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
Injective ETH/USDC PERP−0.0141%1h2,738.7+0.056%$118K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,736.7−0.018%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,737.8+0.022%$12.0M—200xas long as short
dYdX ETH-USD0.0000%1h2,737.2−0.001%$10.8M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,735.4−0.065%$181K$834K50xas long as short
Perpl ETH0.0000%43m2,735.4−0.064%$301K$5.5M8.3xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,738.2+0.037%$25.3M—200xas long as short
Phoenix ETH+0.0017%1h2,739+0.066%$844K$2.9M25xas long as short
SoDEX ETH-USD+0.0027%1h2,737.3+0.004%$54.5M$187.6M40xas long as short
ApeX Omni ETHUSDT+0.0039%1h2,740.1+0.105%$8.8M$30.7M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0054%8h2,736.3−0.031%—$18.4M—as long as short
OKX ETH-USDT-SWAP+0.0069%8h2,737.6+0.015%$1.69B$10.57B100xas long as short
Bullet ETH-USD+0.0070%1h2,736.7−0.019%$181K$1.7M20xas long as short
KuCoin ETHUSDTM+0.0071%8h2,734.7−0.092%$380.5M$573.7M100xas long as short
Aster ETHUSDT+0.0081%8h2,735.8−0.050%$253.1M$840.6M200xas long as short
Aevo ETH-PERP+0.0088%1h2,735−0.080%$4.9M$154K20xas long as short
MEXC ETH_USDT+0.0090%8h2,736.9−0.010%$1.56B$2.52B500xas long as short
Binance ETHUSDTlong+0.0090%8h2,737.2long leg$6.36B$15.70B150x
Lighter ETH+0.0096%1h2,736.2−0.037%$112.3M$429.6M50xas long as short
Lighter RH ETH+0.0096%1h2,737.1−0.002%$24.5M$102.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,736−0.044%—$30.5M500xas long as short
RISEx ETH/USDC+0.0099%1h2,735.4−0.065%$5.6M$11.4M25xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,738.2+0.036%$15.9M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,734−0.116%$499K$3.1M50xas long as short
HTX ETH-USDT+0.0100%8h2,736.7−0.018%$1.06B$1.18B200xas long as short
Nado ETH-PERP+0.0100%1h2,734.7−0.091%$13.9M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,738.8+0.059%$3.11B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,736.2−0.036%$31.6M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,737.6+0.015%$2.43B$4.18B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,734.4−0.102%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,735.3−0.069%$2.8M$16.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,739.7+0.093%$165.8M$302.8M25xas long as short
Gate ETH_USDTshort+0.0100%8h2,737−0.007%$3.38B$8.66B200x
Bitget ETHUSDT+0.0100%8h2,736.8−0.014%$2.07B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,735.5−0.061%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,739+0.065%$133.0M$324.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,738.7+0.057%$182.0M$667.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,738.8+0.058%$159.2M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,738.8+0.059%$21.2M$69.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,737.1−0.004%—$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,737.5+0.012%$10.9M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,739.1+0.070%$41.4M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,737.5+0.013%$960K$11.4M100xas long as short
Phemex ETHUSDT+0.0100%8h2,736.8−0.012%$265.9M$65.1M150xas long as short
Extended ETH-USD+0.0104%1h2,733.8−0.123%$30.6M$72.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,739+0.065%$54.0M$4.25B50xas long as short
Aftermath Perps ETHUSD+0.0136%1h2,739.9+0.099%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0137%1h2,738.6+0.052%$260.0M$194.8M50xas long as short
Kalshi KXETHPERP+0.0158%8h2,739.6+0.088%$7.6M$672.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0195%8h2,740+0.104%$32.2M$11.5M100xas long as short
BloFin ETH-USDT+0.0210%8h2,739.4+0.081%$285.5M$177.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,737.7+0.019%$86.0M$309.7M100xas long as short
Reya ETHRUSDPERP+0.0225%1h2,736−0.045%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,739.3+0.077%$251K$1.4M20xas long as short
Bluefin ETH-PERP+0.6077%1h2,738.4+0.044%$21K$20K25xas long as short