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 04:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h −0.036%
Price spread now: Aevo against BloFin−0.054%53s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.397% of the position
Long on BloFinShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days−0.237%−$24 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.054%, 7d avg −0.056%
Together, before fees−0.198%−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETH-USDT2,733.50.0378pay 0.0378% / 8h4h 03m$283.3M$175.7M150x
ShortAevo ETH-PERP2,7320.0096get 0.0012% / 1h3m 46s$4.9M$155K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
−$59.28
Price spread: −0.054% → −0.056%
$0.18
Slippage, 4 orders
−$11.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$98.85
Costs to cover
0.397%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Aevo: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago0.04 bp6.0 bp −$66.1 bp −$617.6 bp −$75610.0 bp −$4,983
Sell Aevo live order book, just now1.74 bp17.5 bp −$1726.2 bp −$26241.2 bp −$4,116doesn'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%43m2,733−0.018%$297K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,734.2+0.027%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,733.8+0.012%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,734.6+0.041%$11.9M—200xas long as short
01 Exchange ETHUSD0.0000%1h2,734.2+0.027%$187K$821K50xas long as short
Phoenix ETH0.0000%1h2,733.9+0.016%$826K$2.9M25xas long as short
dYdX ETH-USD+0.0001%1h2,736.7+0.117%$10.7M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,734.7+0.045%$28.1M—200xas long as short
Bullet ETH-USD+0.0014%1h2,734.2+0.027%$179K$1.7M20xas long as short
HTX ETH-USDT+0.0020%8h2,733.3−0.008%$1.06B$1.20B200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0044%8h2,734.7+0.046%—$18.5M—as long as short
Bybit ETHUSDT+0.0054%8h2,735.5+0.072%$2.38B$4.35B150xas long as short
ApeX Omni ETHUSDT+0.0063%1h2,732.3−0.044%$8.7M$31.3M100xas long as short
KuCoin ETHUSDTM+0.0066%8h2,735.3+0.066%$380.4M$573.5M100xas long as short
OKX ETH-USDT-SWAP+0.0075%8h2,736.6+0.114%$1.67B$10.72B100xas long as short
Phemex ETHUSDT+0.0081%8h2,735.3+0.065%$265.8M$65.2M150xas long as short
Aster ETHUSDT+0.0086%8h2,736+0.093%$251.2M$841.9M200xas long as short
MEXC ETH_USDT+0.0094%8h2,735.5+0.072%$1.55B$2.57B500xas long as short
Binance ETHUSDT+0.0096%8h2,736.1+0.097%$6.36B$15.87B150xas long as short
Lighter ETH+0.0096%1h2,736.5+0.111%$112.9M$442.0M50xas long as short
Lighter RH ETH+0.0096%1h2,737.1+0.132%$23.5M$106.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,733.6+0.006%—$30.9M500xas long as short
Aevo ETH-PERPshort+0.0096%1h2,732−0.054%$4.9M$155K20x
Paradex ETH-USD-PERP+0.0099%8h2,737.1+0.132%$15.5M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,734.4+0.035%$5.6M$11.7M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,733.5+0.001%$500K$3.3M50xas long as short
Nado ETH-PERP+0.0100%1h2,733.4−0.002%$13.6M$104.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,737.7+0.155%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,734.4+0.033%$32.0M$335.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,732.7−0.028%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,734.4+0.034%$1.6M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,733.7+0.007%$169.4M$313.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,735.3+0.068%$3.34B$8.93B200xas long as short
Bitget ETHUSDT+0.0100%8h2,735.7+0.080%$2.07B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,734.5+0.038%$15.1M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,732−0.054%$133.7M$324.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,732.4−0.041%$183.8M$670.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,733.6+0.004%$159.0M$86.4M50xas long as short
StandX ETH-USD+0.0100%1h2,733.5+0.001%$21.1M$68.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,734.8+0.049%—$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,736+0.093%$11.2M$9.3M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,734.2+0.027%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,736+0.094%$41.3M$29.8M15xas long as short
SunX ETH-USDT+0.0100%8h2,732.5−0.035%$957K$11.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,734.5+0.038%$54.5M$187.6M40xas long as short
Extended ETH-USD+0.0104%1h2,734.4+0.033%$30.4M$72.9M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,736.5+0.110%$51.2M$4.27B50xas long as short
Aftermath Perps ETHUSD+0.0117%1h2,734+0.020%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0130%8h2,734.2+0.027%$6.6M$678.8M4.9xas long as short
Deribit ETH-PERPETUAL+0.0163%1h2,735.9+0.087%$259.6M$196.3M50xas long as short
Orderly PERP_ETH_USDC+0.0197%8h2,736.9+0.125%$32.2M$11.7M100xas long as short
Reya ETHRUSDPERP+0.0216%1h2,733.6+0.005%$7.3M$1.2M25xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,735.8+0.086%$83.3M$314.9M100xas long as short
Hibachi ETH/USDT-P+0.0280%1h2,734.2+0.026%$249K$1.4M20xas long as short
BloFin ETH-USDTlong+0.0378%8h2,733.5long leg$283.3M$175.7M150x