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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h +0.037%
Price spread now: OKX against Hotstuff−0.003%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ETH-PERP2,769.5−0.0080get 0.0010% / 1h9m 47s$5K$2K50x
ShortOKX ETH-USDT-SWAP2,769.40.0021get 0.0021% / 8h9m 47s$1.70B$11.87B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$21.12
Price spread: −0.003% → 0.000%
−$0.29
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$5.83
Costs to cover
0.150%
Break-even
5.1 days
Slippage unknown: Hotstuff: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago0.02 bp5.0 bp −$55.5 bp −$557.2 bp −$7159.2 bp −$4,583
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 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+0.043%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,772.2+0.096%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.267%$119K$22.5M52xas long as short
Hotstuff ETH-PERPlong−0.0080%1h2,769.5long leg$5K$2K50x
ApeX Omni ETHUSDT−0.0023%1h2,770.5+0.036%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,772.2+0.097%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,771.3+0.065%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.8+0.083%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,771.1+0.056%$22.4M200xas long as short
OKX ETH-USDT-SWAPshort+0.0021%8h2,769.4−0.003%$1.70B$11.87B100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,770.9+0.050%$12.8M200xas long as short
Phemex ETHUSDT+0.0027%8h2,770+0.019%$270.0M$68.9M150xas long as short
Aster ETHUSDT+0.0031%8h2,770.2+0.026%$255.7M$1.00B200xas long as short
Aftermath Perps ETHUSD+0.0032%1h2,771.5+0.072%$29K$22K20xas long as short
SoDEX ETH-USD+0.0032%1h2,770.3+0.029%$55.2M$228.8M40xas long as short
Bullet ETH-USD+0.0037%1h2,770.3+0.028%$181K$1.7M20xas long as short
Binance ETHUSDT+0.0056%8h2,769.6+0.005%$6.45B$17.30B150xas long as short
MEXC ETH_USDT+0.0056%8h2,769.3−0.008%$1.62B$2.66B500xas long as short
Aevo ETH-PERP+0.0056%1h2,768.8−0.025%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,770.3+0.028%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0068%8h2,770.2+0.025%$3.29B$9.69B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,769.50.000%$421.0M$738.4M100xas long as short
Deribit ETH-PERPETUAL+0.0082%1h2,772.1+0.092%$259.0M$222.1M50xas long as short
Bybit ETHUSDT+0.0088%8h2,769.6+0.002%$2.50B$4.63B150xas long as short
BingX ETH-USDC+0.0088%8h2,769.9+0.013%$17.5Mas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,771.4+0.068%$60.2M$4.59B50xas long as short
HTX ETH-USDT+0.0094%8h2,769.7+0.009%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,770.2+0.026%$115.0M$500.7M50xas long as short
Lighter RH ETH+0.0096%1h2,772+0.091%$25.3M$122.0M50xas long as short
Nado ETH-PERP+0.0096%1h2,771.4+0.070%$14.3M$118.2M50xas long as short
Vest ETH-PERP+0.0096%1h2,770.9+0.050%$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,769.1−0.014%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.4+0.069%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.6+0.112%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,770.1+0.023%$31.2M$316.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.6+0.004%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,772.8+0.120%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,773+0.125%$170.1M$265.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.6+0.039%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.4−0.039%$147.1M$335.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,770+0.018%$181.8M$783.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.4+0.032%$161.1M$89.8M50xas long as short
StandX ETH-USD+0.0100%1h2,770.5+0.036%$21.4M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,771.7+0.079%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.7+0.079%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,770+0.018%$973K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,773+0.125%$42.7M$29.4M15xas long as short
Extended ETH-USD+0.0104%1h2,769.8+0.011%$32.5M$78.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771+0.055%$43.7M500xas long as short
Kalshi KXETHPERP+0.0107%8h2,771.3+0.065%$8.2M$687.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,771.5+0.073%$90.4M$338.6M100xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,773.2+0.132%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0176%8h2,768.4−0.039%$286.2M$194.2M150xas long as short
Reya ETHRUSDPERP+0.0205%1h2,770.2+0.026%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,770.7+0.043%$252K$1.6M20xas long as short