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 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Nado against BingX+0.023%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Long on BingXShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.023%, 7d avg +0.058%
Together, before fees+0.045%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.035% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETH-USDC2,766.40.0100pay 0.0100% / 8h7h 19m—$17.3M—
ShortNado ETH-PERP2,7670.0100get 0.0012% / 1h19m 46s$14.6M$113.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$0
Price spread: +0.023% → +0.058%
−$3.47
Slippage, 4 orders
−$0.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$21.24
Costs to cover
0.178%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago0.18 bp5.2 bp −$55.4 bp −$547.1 bp −$7119.9 bp −$4,937
Sell Nado live order book, 4 min ago0.18 bp3.7 bp −$43.7 bp −$375.8 bp −$57812.9 bp −$6,444

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−0.0752%1h2,776.9+0.381%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,767.9+0.054%$5.6M$11.1M25xas long as short
Perpl ETH−0.0112%43m2,767.9+0.055%$322K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,767.8+0.052%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0040%1h2,767.9+0.056%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.204%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,767.8+0.053%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,768.9+0.091%$22.4M—200xas long as short
Bullet ETH-USD+0.0019%1h2,768.1+0.061%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,766.3−0.002%$1.71B$11.12B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0032%1h2,768.2+0.067%$55.1M$188.0M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,768.7+0.084%$12.7M—200xas long as short
Aster ETHUSDT+0.0047%8h2,767+0.023%$255.9M$884.9M200xas long as short
Gate ETH_USDT+0.0054%8h2,766.5+0.005%$3.37B$9.05B200xas long as short
Binance ETHUSDT+0.0060%8h2,766.1−0.009%$6.47B$16.28B150xas long as short
MEXC ETH_USDT+0.0061%8h2,767+0.023%$1.63B$2.64B500xas long as short
Aevo ETH-PERP+0.0064%1h2,768.2+0.066%$5.0M$165K20xas long as short
Aftermath Perps ETHUSD+0.0072%1h2,771.8+0.196%$31K$21K20xas long as short
Bitget ETHUSDT+0.0075%8h2,766.4+0.003%$2.10B$2.87B150xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,769.4+0.108%$60.3M$4.42B50xas long as short
Phemex ETHUSDT+0.0081%8h2,768.3+0.069%$269.4M$67.4M150xas long as short
Vest ETH-PERP+0.0082%1h2,768.3+0.069%—$876K50xas long as short
KuCoin ETHUSDTM+0.0085%8h2,767.7+0.050%$420.0M$619.7M100xas long as short
Lighter ETH+0.0096%1h2,766.5+0.006%$114.8M$458.5M50xas long as short
Lighter RH ETH+0.0096%1h2,768.1+0.063%$25.6M$111.7M50xas long as short
Deribit ETH-PERPETUAL+0.0097%1h2,769.7+0.120%$259.1M$204.6M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,769.9+0.128%$15.9M$8.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,767.9+0.056%$488K$2.7M50xas long as short
Nado ETH-PERPshort+0.0100%1h2,767+0.023%$14.6M$113.7M50x
Hyperliquid ETH+0.0100%1h2,768.7+0.085%$3.17B$2.18B25xas long as short
Pacifica ETH+0.0100%1h2,767.8+0.051%$31.2M$325.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,766.40.000%$2.51B$4.34B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,766.8+0.016%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,768.5+0.077%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.8+0.235%$170.3M$276.6M25xas long as short
BingX ETH-USDClong+0.0100%8h2,766.4long leg—$17.3M—
Backpack ETH_USDC_PERP+0.0100%1h2,767.6+0.043%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.079%$137.0M$344.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,771.9+0.198%$182.0M$784.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.8+0.340%$161.4M$84.7M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,771.6+0.191%$8.7M$32.1M100xas long as short
StandX ETH-USD+0.0100%1h2,768.8+0.088%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,767.8+0.052%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.3+0.108%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,770.4+0.146%$42.6M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,767.3+0.034%$970K$13.1M100xas long as short
HTX ETH-USDT+0.0100%8h2,768+0.060%$1.08B$1.25B200xas long as short
Extended ETH-USD+0.0104%1h2,766.5+0.006%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769+0.094%—$36.2M500xas long as short
Kalshi KXETHPERP+0.0109%8h2,768.8+0.088%$8.0M$679.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,769.6+0.118%$96.0M$318.8M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,771+0.168%$252K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0154%8h2,771.6+0.190%$32.6M$11.1M100xas long as short
BloFin ETH-USDT+0.0182%8h2,768.7+0.085%$287.1M$181.1M150xas long as short
Reya ETHRUSDPERP+0.0212%1h2,767.5+0.041%$7.3M$1.1M25xas long as short