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 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against edgeX−0.037%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.154% of the position
Long on edgeXShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.037%, 7d avg −0.017%
Together, before fees−0.004%+ Points / potential airdropedgeX: Active · Extended: Active · farm board$0 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: Extended is 0.020% cheaper against edgeX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ETHUSDC2,7770.0100pay 0.0050% / 4h59m 38s$181.7M$781.3M100x
ShortExtended ETH-USD2,7760.0104get 0.0013% / 1h59m 38s$32.6M$77.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
$0.84
Price spread: −0.037% → −0.017%
−$2.03
Slippage, 4 orders
−$1.39
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.59
Costs to cover
0.154%
Break-even
145.2 days
Slippage from edgeX: live order book, 5 min ago; Extended: 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 edgeX live order book, 5 min ago0.25 bp5.3 bp −$55.3 bp −$535.5 bp −$5476.9 bp −$3,434
Sell Extended live order book, 4 min ago0.18 bp2.7 bp −$32.7 bp −$273.4 bp −$34510.1 bp −$5,058

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%43m2,778.3+0.047%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,776.3−0.026%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777.4+0.013%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.7−0.192%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0016%1h2,777.2+0.006%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0006%1h2,776.4−0.022%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.9+0.031%$12.7M$45.9M50xas long as short
Phoenix ETH0.0000%1h2,775.6−0.052%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.2+0.079%$22.4M—200xas long as short
BingX ETH-USDT+0.0014%8h2,776.6−0.015%—$1.21B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0018%8h2,776.5−0.021%$1.70B$11.87B100xas long as short
Phemex ETHUSDT+0.0021%8h2,778+0.033%$270.6M$68.8M150xas long as short
Bullet ETH-USD+0.0022%1h2,778.3+0.044%$182K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,779.2+0.076%$13.0M—200xas long as short
Aster ETHUSDT+0.0034%8h2,776.9−0.004%$254.7M$995.6M200xas long as short
Deribit ETH-PERPETUAL+0.0045%1h2,779.7+0.094%$258.7M$222.8M50xas long as short
Nado ETH-PERP+0.0054%1h2,778.4+0.049%$14.3M$118.2M50xas long as short
ApeX Omni ETHUSDT+0.0058%1h2,777.6+0.018%$8.8M$32.7M100xas long as short
MEXC ETH_USDT+0.0060%8h2,776.5−0.018%$1.60B$2.62B500xas long as short
SoDEX ETH-USD+0.0060%1h2,777.8+0.027%$55.3M$229.0M40xas long as short
Binance ETHUSDT+0.0061%8h2,776.6−0.017%$6.44B$17.24B150xas long as short
Aevo ETH-PERP+0.0064%1h2,776.1−0.034%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,776.6−0.016%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0071%8h2,776.5−0.018%$3.30B$9.55B200xas long as short
HTX ETH-USDT+0.0087%8h2,778.2+0.040%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0091%8h2,776.7−0.014%$2.52B$4.63B150xas long as short
KuCoin ETHUSDTM+0.0092%8h2,777.7+0.024%$423.4M$739.5M100xas long as short
Vest ETH-PERP+0.0096%1h2,778.5+0.053%—$1.1M50xas long as short
Lighter ETH+0.0096%1h2,777.7+0.023%$115.3M$491.9M50xas long as short
Lighter RH ETH+0.0096%1h2,778.6+0.055%$25.4M$120.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.8−0.010%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,777.1+0.002%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,780.6+0.126%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,777.7+0.023%$31.2M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.7−0.012%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,778+0.034%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.033%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,778+0.033%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,775.9−0.040%$147.5M$336.8M—as long as short
edgeX ETHUSDClong+0.0100%4h2,777long leg$181.7M$781.3M100x
GRVT ETH_USDT_Perp+0.0100%8h2,776.9−0.005%$161.5M$90.7M50xas long as short
StandX ETH-USD+0.0100%1h2,778.5+0.053%$21.5M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.8+0.099%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,778.8+0.063%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,780.7+0.132%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,777.8+0.026%$973K$13.9M100xas long as short
Extended ETH-USDshort+0.0104%1h2,776−0.037%$32.6M$77.6M50x
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,779.3+0.080%—$41.8M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,779.2+0.078%$60.1M$4.61B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,778.3+0.045%$8.4M$681.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,781.2+0.149%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,779.1+0.075%$86.6M$332.6M100xas long as short
BloFin ETH-USDT+0.0181%8h2,776.5−0.021%$284.8M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,778.3+0.046%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,777.5+0.017%$270K$1.5M20xas long as short