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Funding arb · Price arb /

ETH

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Alert: spread
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Funding you earn now, next payment 23:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.010%
Price spread now: Aevo against BingX−0.139%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Long on BingXShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. Aevo is 0.139% cheaper against BingX than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 11 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETH-USDT2,7780.0014pay 0.0014% / 8h1h 00m—$1.21B—
ShortAevo ETH-PERP2,774.20.0056get 0.0007% / 1h0m 47s$5.0M$636K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BingX. 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
$8.82
Price spread: −0.139% → 0.000%
−$13.88
Slippage, 4 orders
−$14.65
Fee BingX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$45.71
Costs to cover
0.406%
Break-even
43.3 days
Slippage from BingX: live order book, 3 min ago; Aevo: 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 BingX live order book, 3 min ago0.04 bp5.1 bp −$55.1 bp −$515.4 bp −$5416.0 bp −$3,020
Sell Aevo live order book, 3 min ago3.33 bp18.8 bp −$1930.0 bp −$30048.8 bp −$4,882doesn't fit

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%43m2,776.6−0.052%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,775.7−0.085%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.6−0.052%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.7−0.228%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,776.7−0.048%$169K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,777.1−0.035%$12.7M$45.8M50xas long as short
Phoenix ETH0.0000%1h2,775.6−0.088%$885K$3.7M25xas long as short
Aftermath Perps ETHUSD0.0000%1h2,775.9−0.077%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.5−0.020%$22.4M—200xas long as short
BingX ETH-USDTlong+0.0014%8h2,778long leg—$1.21B—
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0018%8h2,778−0.003%$1.70B$11.88B100xas long as short
Bullet ETH-USD+0.0022%1h2,776.2−0.066%$182K$1.7M20xas long as short
Phemex ETHUSDT+0.0023%8h2,776.9−0.042%$270.5M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.2−0.029%$12.9M—200xas long as short
Aster ETHUSDT+0.0033%8h2,778.5+0.015%$254.9M$995.5M200xas long as short
Deribit ETH-PERPETUAL+0.0034%1h2,778.1+0.001%$258.7M$222.7M50xas long as short
Nado ETH-PERP+0.0056%1h2,776.1−0.070%$14.3M$118.2M50xas long as short
Aevo ETH-PERPshort+0.0056%1h2,774.2−0.139%$5.0M$636K20x
ApeX Omni ETHUSDT+0.0058%1h2,777.6−0.018%$8.8M$32.7M100xas long as short
MEXC ETH_USDT+0.0060%8h2,778−0.001%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0061%8h2,778.1+0.003%$6.44B$17.24B150xas long as short
SoDEX ETH-USD+0.0061%1h2,776.5−0.055%$55.3M$229.0M40xas long as short
Bitget ETHUSDT+0.0065%8h2,777.8−0.010%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,778.3+0.009%$3.30B$9.69B200xas long as short
HTX ETH-USDT+0.0088%8h2,776.4−0.060%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0092%8h2,778.2+0.007%$2.52B$4.63B150xas long as short
KuCoin ETHUSDTM+0.0093%8h2,778.8+0.027%$422.7M$739.2M100xas long as short
Lighter ETH+0.0096%1h2,776.9−0.041%$115.2M$503.6M50xas long as short
Lighter RH ETH+0.0096%1h2,778.5+0.017%$25.5M$122.0M50xas long as short
Vest ETH-PERP+0.0096%1h2,776.7−0.047%—$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.1−0.069%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.5−0.055%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,780.5+0.089%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,776.8−0.046%$31.2M$303.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,775.6−0.088%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,777.1−0.033%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.260%$166.1M$253.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,778.6+0.022%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,773.7−0.156%$147.3M$337.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,777−0.036%$181.7M$781.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.084%$161.4M$90.8M50xas long as short
StandX ETH-USD+0.0100%1h2,776.3−0.063%$21.4M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.4−0.023%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.3−0.026%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.9+0.032%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.5−0.093%$974K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,777.5−0.020%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,777−0.039%—$41.8M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.7−0.014%$59.9M$4.60B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,776.8−0.045%$8.4M$681.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.4+0.049%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,777.6−0.016%$86.4M$332.5M100xas long as short
BloFin ETH-USDT+0.0181%8h2,776.5−0.057%$284.8M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,776−0.075%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,777.7−0.012%$270K$1.5M20xas long as short