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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.007%
Price spread now: Paradex against Bullet+0.032%7-day average +0.037% · 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−$181as in the Price arb table
costs, in and out, $10k−$1801.804% of the position
Long on BulletShort on Paradex
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.040%+$4 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.032%, 7d avg +0.037%
Together, before fees+0.043%+ Points / potential airdropParadex: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ETH-USD2,768.40.0036pay 0.0004% / 1h6m 04s$181K$1.7M20x
ShortParadex ETH-USD-PERP2,769.30.0099get 0.0099% / 8h6m 04s$15.9M$10.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bullet. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.37
Price spread: +0.032% → +0.037%
−$0.51
Slippage, 4 orders
−$168.37
Fee Bullet: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$167.51
Costs to cover
1.804%
Break-even
94.7 days
Slippage from Bullet: live order book, 3 min ago; Paradex: 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 Bullet live order book, 3 min ago0.36 bp6.5 bp −$69.2 bp −$92doesn't fitdoesn't fit
Sell Paradex live order book, 3 min ago82.42 bp84.4 bp −$8484.4 bp −$844doesn'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
Perpl ETH−0.0223%43m2,770.7+0.083%$285K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,769.8+0.051%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.228%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.7+0.083%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0016%1h2,769.8+0.051%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,770+0.058%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,771+0.092%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.5+0.112%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.5+0.040%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,770+0.057%$1.71B$11.88B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,769.3+0.034%$12.8M—200xas long as short
Aftermath Perps ETHUSD+0.0028%1h2,771.3+0.105%$29K$22K20xas long as short
SoDEX ETH-USD+0.0029%1h2,768.9+0.018%$55.1M$228.8M40xas long as short
Phemex ETHUSDT+0.0030%8h2,769.8+0.052%$270.0M$68.7M150xas long as short
Aster ETHUSDT+0.0032%8h2,770.4+0.071%$255.7M$1.00B200xas long as short
Bullet ETH-USDlong+0.0036%1h2,768.4long leg$181K$1.7M20x
MEXC ETH_USDT+0.0055%8h2,768.9+0.018%$1.62B$2.66B500xas long as short
Binance ETHUSDT+0.0055%8h2,770.1+0.063%$6.45B$17.30B150xas long as short
Aevo ETH-PERP+0.0056%1h2,767.7−0.026%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,770.2+0.064%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0067%8h2,770+0.058%$3.29B$9.70B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,770.5+0.074%$421.1M$738.6M100xas long as short
Bybit ETHUSDT+0.0088%8h2,770.3+0.067%$2.51B$4.62B150xas long as short
BingX ETH-USDT+0.0088%8h2,770+0.058%—$1.24B—as long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,770.9+0.091%$60.2M$4.59B50xas long as short
HTX ETH-USDT+0.0093%8h2,769.2+0.030%$1.08B$1.32B200xas long as short
Deribit ETH-PERPETUAL+0.0093%1h2,770.6+0.078%$259.1M$222.2M50xas long as short
Nado ETH-PERP+0.0095%1h2,769.4+0.037%$14.3M$118.2M50xas long as short
Lighter ETH+0.0096%1h2,770+0.059%$115.0M$501.8M50xas long as short
Lighter RH ETH+0.0096%1h2,771.5+0.111%$25.3M$122.1M50xas long as short
Vest ETH-PERP+0.0096%1h2,770+0.058%—$1.1M50xas long as short
Paradex ETH-USD-PERPshort+0.0099%8h2,769.3+0.032%$15.9M$10.1M50x
Katana Perps ETH-USD+0.0100%8h2,769.5+0.040%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.6+0.153%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,770.3+0.069%$31.2M$316.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.5+0.040%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.5+0.074%$2.7M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.4+0.036%$169.4M$262.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.9+0.052%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.005%$148.3M$337.3M—as long as short
edgeX ETHUSDC+0.0100%4h2,769.4+0.036%$181.8M$784.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.9+0.091%$161.1M$89.5M50xas long as short
StandX ETH-USD+0.0100%1h2,770.6+0.079%$21.4M$58.7M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.6+0.043%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.8+0.049%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,769+0.021%$972K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,771.2+0.103%$42.7M$29.4M15xas long as short
Kalshi KXETHPERP+0.0103%8h2,770.6+0.079%$8.2M$688.2M4.9xas long as short
Extended ETH-USD+0.0104%1h2,769.7+0.045%$32.5M$78.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.3+0.106%—$43.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,771.1+0.099%$90.4M$338.2M100xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,771.5+0.112%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0175%8h2,770.1+0.063%$286.5M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0205%1h2,768.4+0.002%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,773+0.166%$252K$1.6M20xas long as short