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 22:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended+0.022%7-day average +0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ExtendedShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.016%−$2 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.022%, 7d avg +0.053%
Together, before fees−0.017%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$2 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: Variational Omni is 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,776.20.0104pay 0.0013% / 1h17m 44s$31.4M$75.9M50x
ShortVariational Omni ETH2,776.80.0096get 0.0096% / 8h2h 17m$141.1M$320.7M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$1.72
Price spread: +0.022% → +0.053%
−$3.11
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.83
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 1 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago0.18 bp2.7 bp −$32.7 bp −$273.6 bp −$36511.8 bp −$5,909
Sell Variational Omni RFQ quote, 1 min ago0.47 bpdoesn't fit0.5 bp −$50.8 bp −$76doesn'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−0.0112%43m2,775.9−0.008%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6+0.016%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.7+0.019%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,776.1−0.002%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2+0.073%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,776.1−0.002%$5.8M$11.7M25xas long as short
dYdX ETH-USD0.0000%1h2,776.5+0.011%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0002%1h2,775.8−0.013%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776.7+0.020%$22.4M—200xas long as short
Phemex ETHUSDT+0.0014%8h2,776−0.007%$267.3M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,776.6+0.016%$1.71B$11.92B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,776.7+0.020%$13.2M—200xas long as short
Aster ETHUSDT+0.0038%8h2,777.7+0.056%$256.9M$995.3M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,777.7+0.055%$8.8M$32.6M100xas long as short
MEXC ETH_USDT+0.0048%8h2,777.2+0.038%$1.60B$2.68B500xas long as short
Aevo ETH-PERP+0.0048%1h2,774.8−0.048%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0050%8h2,778+0.066%$6.45B$17.22B150xas long as short
Deribit ETH-PERPETUAL+0.0060%1h2,777.7+0.056%$258.5M$225.0M50xas long as short
Gate ETH_USDT+0.0073%8h2,777+0.030%$3.29B$9.67B200xas long as short
Bitget ETHUSDT+0.0075%8h2,776.9+0.027%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0083%1h2,776−0.006%$184K$1.8M20xas long as short
Variational Omni ETHshort+0.0096%8h2,776.8+0.022%$141.1M$320.7M—
Lighter ETH+0.0096%1h2,778.5+0.083%$115.3M$514.6M50xas long as short
Lighter RH ETH+0.0096%1h2,779.1+0.104%$25.4M$122.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,776.8+0.025%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,775.4−0.026%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.4+0.009%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,775.9−0.008%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.7+0.127%$3.21B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,776.2+0.001%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,776.8+0.024%$2.52B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,775.3−0.031%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,777.7+0.057%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1+0.069%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,776.7+0.020%$423.0M$742.0M100xas long as short
BingX ETH-USDT+0.0100%8h2,776.9+0.027%—$1.18B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.4+0.008%$15.4M$42.8M50xas long as short
edgeX ETHUSDC+0.0100%4h2,777.5+0.049%$178.5M$793.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,777+0.031%$161.6M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,776.8+0.023%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,776.6+0.017%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.4+0.045%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,776.8+0.024%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.4+0.079%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.3−0.030%$973K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,776−0.006%$55.3M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,775.5−0.025%$1.08B$1.32B200xas long as short
Extended ETH-USDlong+0.0104%1h2,776.2long leg$31.4M$75.9M50x
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.7+0.056%$60.1M$4.63B50xas long as short
Kalshi KXETHPERP+0.0121%8h2,777+0.030%$8.5M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0133%8h2,778.9+0.097%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0169%8h2,776.1−0.003%$284.2M$195.8M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,775.8−0.013%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,777.4+0.044%$86.8M$330.9M100xas long as short
Hibachi ETH/USDT-P+0.0440%1h2,778.5+0.085%$283K$1.5M20xas long as short