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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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Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against BingX+0.009%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Long on BingXShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETH-USDT2,746.80.0053pay 0.0053% / 8h5h 16m—$1.15B—
ShortKuCoin ETHUSDTM2,7470.0070get 0.0070% / 8h5h 16m$382.2M$575.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$3.57
Price spread: +0.009% → 0.000%
$0.91
Slippage, 4 orders
−$0.95
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$18.47
Costs to cover
0.230%
Break-even
43.2 days
Slippage from BingX: live order book, 3 min ago; KuCoin: 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 ago0.05 bp5.2 bp −$55.6 bp −$566.0 bp −$5976.4 bp −$3,206
Sell KuCoin live order book, 3 min ago0.02 bp6.7 bp −$79.0 bp −$9011.5 bp −$1,153doesn'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
Hotstuff ETH-PERP−0.0080%1h2,746.3−0.017%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,746.8+0.001%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,747.3+0.020%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,746−0.029%$10.8M$41.7M50xas long as short
Perpl ETH0.0000%43m2,746.3−0.018%$305K$5.6M8.3xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,747.4+0.021%$25.1M—200xas long as short
Phoenix ETH+0.0017%1h2,747+0.008%$848K$2.9M25xas long as short
01 Exchange ETHUSD+0.0024%1h2,746.6−0.006%$182K$849K50xas long as short
ApeX Omni ETHUSDT+0.0033%1h2,747.3+0.019%$8.9M$30.7M100xas long as short
BingX ETH-USDTlong+0.0053%8h2,746.8long leg—$1.15B—
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0067%8h2,746.80.000%$1.71B$10.56B100xas long as short
KuCoin ETHUSDTMshort+0.0070%8h2,747+0.009%$382.2M$575.5M100x
Bullet ETH-USD+0.0073%1h2,746.9+0.005%$184K$1.7M20xas long as short
RISEx ETH/USDC+0.0077%1h2,746.4−0.012%$5.6M$11.4M25xas long as short
Aster ETHUSDT+0.0089%8h2,746.80.000%$254.1M$840.9M200xas long as short
SoDEX ETH-USD+0.0095%1h2,746.9+0.005%$54.7M$187.6M40xas long as short
Lighter ETH+0.0096%1h2,747.2+0.017%$113.0M$435.4M50xas long as short
Lighter RH ETH+0.0096%1h2,748.6+0.066%$24.6M$104.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,746.1−0.024%—$30.5M500xas long as short
MEXC ETH_USDT+0.0096%8h2,746.8+0.002%$1.56B$2.55B500xas long as short
Aevo ETH-PERP+0.0096%1h2,744.4−0.087%$4.9M$154K20xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,749.5+0.099%$58.0M$4.26B50xas long as short
Binance ETHUSDT+0.0096%8h2,746.8−0.001%$6.38B$15.67B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,750.8+0.146%$16.1M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,745.7−0.039%$468K$3.1M50xas long as short
Nado ETH-PERP+0.0100%1h2,746−0.029%$13.9M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,749.3+0.092%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,746.4−0.013%$31.7M$334.5M50xas long as short
Bybit ETHUSDT+0.0100%8h2,747+0.010%$2.46B$4.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,745.1−0.061%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,746.3−0.016%$2.7M$16.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,742.3−0.163%$165.2M$299.1M25xas long as short
Gate ETH_USDT+0.0100%8h2,747+0.007%$3.39B$8.76B200xas long as short
Bitget ETHUSDT+0.0100%8h2,747.1+0.012%$2.08B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,746.6−0.006%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,746.6−0.006%$133.5M$325.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,744.5−0.081%$182.4M$673.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,746.6−0.005%$159.7M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,746.9+0.005%$21.2M$67.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,747+0.009%—$815K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,747.6+0.030%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,748.7+0.070%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.6−0.008%$963K$11.5M100xas long as short
HTX ETH-USDT+0.0100%8h2,746.7−0.003%$1.06B$1.17B200xas long as short
Phemex ETHUSDT+0.0100%8h2,747+0.008%$267.0M$64.8M150xas long as short
Extended ETH-USD+0.0104%1h2,746.2−0.021%$30.7M$72.0M50xas long as short
Aftermath Perps ETHUSD+0.0129%1h2,745.9−0.030%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0160%8h2,747.1+0.012%$7.8M$669.8M4.9xas long as short
Deribit ETH-PERPETUAL+0.0183%1h2,748.6+0.066%$259.8M$196.0M50xas long as short
Orderly PERP_ETH_USDC+0.0194%8h2,749.3+0.091%$32.4M$11.4M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,747.9+0.043%$86.7M$310.3M100xas long as short
Reya ETHRUSDPERP+0.0228%1h2,745.8−0.036%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,747.9+0.040%$253K$1.4M20xas long as short
BloFin ETH-USDT+0.0290%8h2,746.1−0.025%$286.1M$181.2M150xas long as short
Bluefin ETH-PERP+0.0505%1h2,747+0.007%$21K$20K25xas long as short