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 02:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.076%
Price spread now: dYdX against Hotstuff+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on HotstuffShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.091% dearer against Hotstuff than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ETH-PERP2,746.9−0.0080get 0.0010% / 1h32m 11s$5K$1K50x
ShortdYdX ETH-USD2,749.40get 0.0000% / 1h32m 11s$10.8M$41.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Hotstuff. 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
$16.8
Price spread: +0.091% → 0.000%
$9.1
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
$10.9
Costs to cover
0.150%
Break-even
2.5 days
Slippage unknown: Hotstuff: no order-book sample; dYdX: live order book, 2 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 Hotstuff no order-book sample—————
Sell dYdX live order book, 2 min ago1.82 bp8.5 bp −$815.0 bp −$15021.3 bp −$2,13331.6 bp −$15.8K
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETH on 54 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%43m2,748.9+0.071%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERPlong−0.0080%1h2,746.9long leg$5K$1K50x
RISEx ETH/USDC−0.0071%1h2,749.3+0.088%$5.5M$11.2M25xas long as short
ApeX Omni ETHUSDT−0.0042%1h2,744.9−0.072%$8.7M$31.8M100xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,749.5+0.095%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,746.4−0.018%$848K$3.1M25xas long as short
dYdX ETH-USDshort0.0000%1h2,749.4+0.091%$10.8M$41.9M50x
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,749.3+0.088%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0016%1h2,749.4+0.091%$181K$1.1M50xas long as short
BingX ETH-USDC+0.0032%8h2,747.5+0.020%—$17.3M—as long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0042%8h2,747.9+0.038%$1.69B$11.04B100xas long as short
HTX ETH-USDT+0.0043%8h2,747.4+0.017%$1.07B$1.21B200xas long as short
Aster ETHUSDT+0.0061%8h2,749.3+0.086%$253.6M$861.5M200xas long as short
MEXC ETH_USDT+0.0071%8h2,747.5+0.021%$1.56B$2.56B500xas long as short
Binance ETHUSDT+0.0072%8h2,748.1+0.044%$6.35B$16.29B150xas long as short
Aevo ETH-PERP+0.0072%1h2,747+0.002%$4.9M$168K20xas long as short
KuCoin ETHUSDTM+0.0073%8h2,747.4+0.020%$381.5M$607.0M100xas long as short
Gate ETH_USDT+0.0088%8h2,748.1+0.044%$3.39B$8.86B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,749.6+0.096%$59.0M$4.38B50xas long as short
Bitget ETHUSDT+0.0090%8h2,747.7+0.030%$2.07B$2.85B150xas long as short
Lighter ETH+0.0096%1h2,748.1+0.045%$112.8M$442.1M50xas long as short
Lighter RH ETH+0.0096%1h2,749.7+0.100%$24.8M$106.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,748.6+0.061%—$35.4M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,753+0.221%$15.9M$8.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,748.4+0.055%$468K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,747.9+0.035%$14.0M$113.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,749.9+0.109%$3.13B$2.12B25xas long as short
Pacifica ETH+0.0100%1h2,749.3+0.087%$31.5M$333.7M50xas long as short
Bybit ETHUSDT+0.0100%8h2,747.5+0.023%$2.46B$4.35B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,747.5+0.022%$2.8M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,749.7+0.101%$2.8M$16.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,747.4+0.019%$15.1M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,744.6−0.085%$133.0M$346.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,744.4−0.092%$181.5M$729.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,745.5−0.051%$159.7M$84.8M50xas long as short
StandX ETH-USD+0.0100%1h2,746.2−0.025%$21.2M$67.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,749.8+0.106%—$869K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,749.2+0.084%$10.3M$8.0M50xas long as short
Bullet ETH-USD+0.0100%1h2,749.3+0.087%$183K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,749.2+0.084%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,750.2+0.120%$41.8M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,749+0.077%$964K$12.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,748.1+0.044%$54.7M$187.6M40xas long as short
Phemex ETHUSDT+0.0100%8h2,748.4+0.056%$267.1M$66.5M150xas long as short
Bulk ETH-USD+0.0100%1h2,743.9−0.108%$165.5M$306.7M25xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,746.4−0.018%$30K$21K20xas long as short
Extended ETH-USD+0.0104%1h2,748+0.040%$30.4M$74.4M50xas long as short
Kalshi KXETHPERP+0.0138%8h2,747.6+0.025%$7.8M$673.9M4.9xas long as short
Deribit ETH-PERPETUAL+0.0143%1h2,749.5+0.094%$258.5M$201.5M50xas long as short
Orderly PERP_ETH_USDC+0.0168%8h2,751.2+0.156%$32.4M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0192%1h2,746.5−0.014%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,746.7−0.007%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0219%1h2,749.3+0.086%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,748.9+0.073%$90.0M$317.0M100xas long as short