Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0077%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.007%
Price spread now: Pacifica against Bullet+0.115%7-day average −0.006% · 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−$8as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Long on BulletShort on Pacifica
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.047%+$5 on $10k
Price spread, last 7 days−0.112%−$11 · spread now +0.115%, 7d avg −0.006%
Together, before fees−0.065%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.121% dearer against Bullet than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ETH-USD2,770.20.0023pay 0.0003% / 1h44m 20s$183K$1.7M20x
ShortPacifica ETH2,773.40.0100get 0.0013% / 1h44m 20s$31.2M$322.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bullet. 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
$16.26
Price spread: +0.115% → −0.006%
$12.06
Slippage, 4 orders
−$4.05
Fee Bullet: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$8.27
Costs to cover
0.200%
Break-even
3.4 days
Slippage from Bullet: live order book, 5 min ago; Pacifica: live order book, 5 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 Bullet live order book, 5 min ago0.18 bp5.4 bp −$58.8 bp −$88doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago0.18 bp4.2 bp −$45.0 bp −$50doesn't fitdoesn'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
Injective ETH/USDC PERP−0.0752%1h2,770.4+0.007%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,772.3+0.077%$5.7M$11.4M25xas long as short
Perpl ETH−0.0112%43m2,771.8+0.059%$285K$6.5M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.7+0.126%$5K$1K50xas long as short
Phemex ETHUSDT−0.0049%8h2,770.2+0.001%$269.8M$67.6M150xas long as short
01 Exchange ETHUSD−0.0032%1h2,771.7+0.054%$168K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,771.8+0.058%$878K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,773+0.101%$12.2M$46.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,771.5+0.046%$22.4M—200xas long as short
Gate ETH_USDT+0.0008%8h2,770.7+0.019%$3.33B$8.94B200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,770.7+0.019%$1.71B$11.44B100xas long as short
Bullet ETH-USDlong+0.0023%1h2,770.2long leg$183K$1.7M20x
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,771.1+0.032%$12.7M—200xas long as short
Aster ETHUSDT+0.0042%8h2,771.2+0.036%$256.8M$914.3M200xas long as short
SoDEX ETH-USD+0.0046%1h2,770.3+0.003%$55.2M$208.4M40xas long as short
Aftermath Perps ETHUSD+0.0046%1h2,771.6+0.051%$31K$23K20xas long as short
Aevo ETH-PERP+0.0056%1h2,769.3−0.031%$5.0M$165K20xas long as short
MEXC ETH_USDT+0.0058%8h2,770.2−0.002%$1.63B$2.62B500xas long as short
Binance ETHUSDT+0.0059%8h2,770.20.000%$6.47B$16.71B150xas long as short
Bitget ETHUSDT+0.0068%8h2,770.6+0.014%$2.10B$2.94B150xas long as short
HTX ETH-USDT+0.0069%8h2,770.6+0.014%$1.08B$1.28B200xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,771.4+0.043%$60.4M$4.51B50xas long as short
KuCoin ETHUSDTM+0.0081%8h2,771.3+0.039%$420.7M$648.3M100xas long as short
Vest ETH-PERP+0.0087%1h2,771.6+0.049%—$911K50xas long as short
Lighter ETH+0.0096%1h2,770.7+0.019%$115.2M$456.6M50xas long as short
Lighter RH ETH+0.0096%1h2,772.1+0.067%$25.2M$110.0M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,772.3+0.074%$15.9M$9.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,772+0.065%$487K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,773.3+0.112%$14.5M$116.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.9+0.097%$3.17B$2.31B25xas long as short
Pacifica ETHshort+0.0100%1h2,773.4+0.115%$31.2M$322.6M50x
Bybit ETHUSDT+0.0100%8h2,771+0.029%$2.50B$4.48B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.7+0.090%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,773.1+0.106%$2.8M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.9−0.010%$170.3M$272.1M25xas long as short
BingX ETH-USDT+0.0100%8h2,770.8+0.020%—$1.24B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,773.3+0.112%$15.3M$42.3M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3+0.003%$151.3M$342.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,768.8−0.050%$181.8M$786.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.2+0.001%$161.1M$86.9M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,770.3+0.003%$8.7M$32.8M100xas long as short
StandX ETH-USD+0.0100%1h2,770.6+0.014%$21.4M$59.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,771+0.029%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.7+0.054%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.8+0.092%$42.6M$29.0M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.6+0.012%$972K$13.5M100xas long as short
Extended ETH-USD+0.0104%1h2,769.8−0.015%$32.5M$73.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,773.1+0.106%—$38.3M500xas long as short
Kalshi KXETHPERP+0.0104%8h2,773.4+0.115%$8.1M$687.4M4.9xas long as short
Deribit ETH-PERPETUAL+0.0111%1h2,771.8+0.058%$259.1M$211.9M50xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,771.5+0.048%$93.3M$324.1M100xas long as short
Orderly PERP_ETH_USDC+0.0147%8h2,773+0.101%$32.6M$11.7M100xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,773.2+0.109%$253K$1.5M20xas long as short
BloFin ETH-USDT+0.0178%8h2,772.3+0.077%$287.6M$188.5M150xas long as short
Reya ETHRUSDPERP+0.0209%1h2,770.2−0.001%$7.3M$1.2M25xas long as short