ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against Bitget−0.005%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.017%−$2 · spread now −0.005%, 7d avg −0.041%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.037% dearer against Bitget than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.041%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.021% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ETHUSDT	2,767.9	0.0074	pay 0.0074% / 8h	1h 57m	$2.10B	$3.12B	150x
Short	BingX ETH-USDC	2,767.7	0.0017	get 0.0017% / 8h	1h 57m	—	$17.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BingXbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$11.97
Price spread: −0.005% → −0.041%: $3.67
Slippage, 4 orders: −$0.25
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$30.55
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	0.02 bp	6.0 bp −$6	6.9 bp −$69	8.2 bp −$824	doesn't fit
Sell BingX live order book, 11 min ago	0.11 bp	5.1 bp −$5	5.5 bp −$55	7.6 bp −$758	10.3 bp −$5,171

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ETH	−0.0112%	43m	2,769.1	+0.045%	$290K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,768	+0.006%	$5.8M	$12.1M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,768	+0.005%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0056%	1h	2,768.6	+0.027%	$169K	$1.2M	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,769.5	+0.059%	$119K	$22.5M	52x	as long as short
Phoenix ETH	−0.0023%	1h	2,770.5	+0.095%	$884K	$3.6M	25x	as long as short
Nado ETH-PERP	−0.0001%	1h	2,768.2	+0.014%	$14.3M	$118.9M	50x	as long as short
Aftermath Perps ETHUSD	0.0000%	1h	2,771	+0.114%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,770	+0.078%	$12.7M	$45.5M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,769.3	+0.052%	$22.4M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDCshort	+0.0017%	8h	2,767.7	−0.005%	—	$17.3M	—
OKX ETH-USDT-SWAP	+0.0023%	8h	2,767.8	−0.003%	$1.71B	$11.84B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,769.2	+0.048%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0032%	8h	2,768.6	+0.026%	$256.0M	$994.0M	200x	as long as short
ApeX Omni ETHUSDT	+0.0034%	1h	2,770.6	+0.099%	$8.7M	$32.6M	100x	as long as short
Bullet ETH-USD	+0.0036%	1h	2,768.5	+0.022%	$182K	$1.8M	20x	as long as short
Phemex ETHUSDT	+0.0039%	8h	2,768.3	+0.016%	$266.7M	$66.0M	150x	as long as short
SoDEX ETH-USD	+0.0045%	1h	2,767.5	−0.013%	$55.1M	$228.6M	40x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,765.3	−0.092%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDT	+0.0052%	8h	2,767.8	−0.003%	$1.59B	$2.62B	500x	as long as short
Binance ETHUSDT	+0.0052%	8h	2,768.6	+0.027%	$6.42B	$17.21B	150x	as long as short
Deribit ETH-PERPETUAL	+0.0053%	1h	2,769.1	+0.045%	$258.4M	$225.1M	50x	as long as short
Bitget ETHUSDTlong	+0.0074%	8h	2,767.9	long leg	$2.10B	$3.12B	150x
Gate ETH_USDT	+0.0076%	8h	2,768	+0.006%	$3.28B	$9.53B	200x	as long as short
HTX ETH-USDT	+0.0096%	8h	2,767.6	−0.011%	$1.08B	$1.32B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,769.4	+0.056%	$114.7M	$494.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,770.8	+0.106%	$25.4M	$120.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,771.8	+0.141%	—	$41.8M	500x	as long as short
Variational Omni ETH	+0.0099%	8h	2,770.9	+0.109%	$140.8M	$321.1M	—	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,768.6	+0.027%	$15.9M	$10.7M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,768.8	+0.034%	$481K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,771.3	+0.124%	$3.19B	$2.40B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,769.2	+0.049%	$31.2M	$293.6M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,767.8	−0.001%	$2.51B	$4.63B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,767.5	−0.013%	$2.8M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,769.8	+0.069%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,771	+0.112%	$164.2M	$249.6M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,767.9	+0.002%	$421.8M	$741.3M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,768.1	+0.008%	$15.2M	$43.1M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.6	+0.098%	$179.5M	$783.0M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,771.5	+0.131%	$161.2M	$96.5M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,771	+0.113%	$21.4M	$57.9M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,769.4	+0.056%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,770.1	+0.081%	$10.8M	$7.7M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,769	+0.040%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,769.8	+0.068%	$42.6M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,769.6	+0.061%	$971K	$14.1M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,767.6	−0.010%	$31.5M	$75.3M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,769.1	+0.046%	$59.8M	$4.61B	50x	as long as short
Kalshi KXETHPERP	+0.0109%	8h	2,769.7	+0.066%	$8.5M	$673.3M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0137%	8h	2,770.3	+0.089%	$32.5M	$12.1M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,768.8	+0.036%	$86.0M	$331.7M	100x	as long as short
BloFin ETH-USDT	+0.0173%	8h	2,771	+0.112%	$285.9M	$195.0M	150x	as long as short
Reya ETHRUSDPERP	+0.0186%	1h	2,768.6	+0.027%	$7.3M	$1.1M	25x	as long as short
Hibachi ETH/USDT-P	+0.0472%	1h	2,771.9	+0.145%	$279K	$1.5M	20x	as long as short