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+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.028%
Price spread now: Nado against gTrade (Gains Network)+0.001%7-day average −0.013% · 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−$14as in the Price arb table
costs, in and out, $10k−$150.155% of the position
Long on gTrade (Gains Network)Short on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.085%+$8 on $10k
Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.001%, 7d avg −0.013%
Together, before fees+0.009%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ETH/USD2,786.3L +0.0006% / S −0.0006%pay 0.0001% / 1h53m 04s$22.5M—200x
ShortNado ETH-PERP2,786.30.0064get 0.0008% / 1h53m 04s$14.4M$118.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against gTrade (Gains Network). 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
$12.22
Price spread: +0.001% → −0.013%
$1.34
Slippage, 4 orders
−$1.47
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$1.91
Costs to cover
0.155%
Break-even
8.1 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Nado: live order book, 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago0.54 bp4.1 bp −$44.1 bp −$415.0 bp −$5008.9 bp −$4,454
Sell Nado live order book, 1 min ago0.18 bp3.7 bp −$43.7 bp −$375.5 bp −$54813.1 bp −$6,560

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%43m2,787+0.027%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,786.9+0.021%$5.7M$11.9M25xas long as short
ApeX Omni ETHUSDT−0.0131%1h2,779.8−0.231%$8.8M$32.7M100xas long as short
Injective ETH/USDC PERP−0.0088%1h2,782.5−0.135%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,784.2−0.074%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,787.3+0.037%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0001%1h2,781.3−0.179%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,784.8−0.052%$12.8M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,785−0.045%$884K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDlongL +0.0006% / S −0.0006%1h2,786.3long leg$22.5M—200x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0014%8h2,785.5−0.029%—$17.4M—as long as short
OKX ETH-USDT-SWAP+0.0020%8h2,786.1−0.007%$1.71B$11.93B100xas long as short
Phemex ETHUSDT+0.0025%8h2,785.9−0.014%$271.4M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,786.4+0.006%$13.0M—200xas long as short
Aster ETHUSDT+0.0038%8h2,785.8−0.016%$255.4M$1.00B200xas long as short
Bullet ETH-USD+0.0054%1h2,785.9−0.013%$182K$1.7M20xas long as short
MEXC ETH_USDT+0.0064%8h2,786.2−0.004%$1.60B$2.63B500xas long as short
Aevo ETH-PERP+0.0064%1h2,786−0.010%$5.1M$636K20xas long as short
Nado ETH-PERPshort+0.0064%1h2,786.3+0.001%$14.4M$118.2M50x
Binance ETHUSDT+0.0065%8h2,785.9−0.014%$6.46B$17.26B150xas long as short
Bitget ETHUSDT+0.0065%8h2,786−0.009%$2.11B$3.11B150xas long as short
Gate ETH_USDT+0.0071%8h2,785.8−0.015%$3.31B$9.58B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,787.3+0.036%$60.3M$4.62B50xas long as short
HTX ETH-USDT+0.0090%8h2,785.8−0.015%$1.08B$1.32B200xas long as short
KuCoin ETHUSDTM+0.0090%8h2,785.2−0.038%$424.5M$739.3M100xas long as short
Bybit ETHUSDT+0.0090%8h2,785.7−0.022%$2.52B$4.63B150xas long as short
Vest ETH-PERP+0.0095%1h2,786.3+0.003%—$1.1M50xas long as short
Lighter ETH+0.0096%1h2,786.2−0.002%$116.4M$495.3M50xas long as short
Lighter RH ETH+0.0096%1h2,787.5+0.044%$25.4M$120.6M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,783.7−0.092%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,786.7+0.016%$479K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,788.4+0.077%$3.20B$2.34B25xas long as short
Pacifica ETH+0.0100%1h2,785.8−0.017%$31.3M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,786.2−0.002%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,788.3+0.072%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9−0.298%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,785.8−0.018%$15.1M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.4−0.174%$147.6M$336.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,782.4−0.140%$182.1M$780.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,784.1−0.078%$161.9M$90.2M50xas long as short
StandX ETH-USD+0.0100%1h2,784−0.081%$21.5M$58.3M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,787.8+0.055%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,786.2−0.001%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,787.4+0.039%$42.9M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,786.2−0.002%$977K$13.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,785.8−0.017%$55.5M$229.0M40xas long as short
Deribit ETH-PERPETUAL+0.0102%1h2,786.9+0.022%$258.9M$222.7M50xas long as short
Extended ETH-USD+0.0104%1h2,784.6−0.061%$32.8M$77.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,786.8+0.021%—$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0122%1h2,787+0.026%$86.9M$332.7M100xas long as short
Kalshi KXETHPERP+0.0125%8h2,786.3+0.001%$8.4M$681.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,788+0.064%$32.7M$12.1M100xas long as short
BloFin ETH-USDT+0.0185%8h2,785.9−0.015%$285.4M$195.4M150xas long as short
Reya ETHRUSDPERP+0.0197%1h2,786.4+0.006%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,785.1−0.043%$271K$1.5M20xas long as short