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+0.0069%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.055%
Price spread now: RISEx against Hotstuff+0.024%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 RISEx
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 RISEx is 0.024% dearer against Hotstuff than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ETH-PERP2,764.5−0.0080get 0.0010% / 1h35m 05s$5K$2K50x
ShortRISEx ETH/USDC2,765.2−0.0011pay 0.0001% / 1h35m 05s$5.8M$11.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$14.59
Price spread: +0.024% → 0.000%
$2.44
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$6.03
Costs to cover
0.110%
Break-even
4.1 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: 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 RISEx live order book, 4 min ago0.65 bp3.7 bp −$43.7 bp −$37doesn't fitdoesn't fit
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−0.0112%43m2,765.3+0.029%$288K$6.8M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,766.1+0.058%$119K$22.5M52xas long as short
Hotstuff ETH-PERPlong−0.0080%1h2,764.5long leg$5K$2K50x
01 Exchange ETHUSD−0.0064%1h2,765.4+0.033%$172K$1.2M50xas long as short
ApeX Omni ETHUSDT−0.0052%1h2,767.5+0.110%$8.8M$32.5M100xas long as short
Phoenix ETH−0.0023%1h2,767.2+0.098%$795K$3.7M25xas long as short
RISEx ETH/USDCshort−0.0011%1h2,765.2+0.024%$5.8M$11.8M25x
dYdX ETH-USD0.0000%1h2,765.6+0.041%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,765.9+0.051%$22.3M—200xas long as short
BingX ETH-USDT+0.0016%8h2,767.4+0.106%—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,767.4+0.103%$1.71B$11.85B100xas long as short
Aftermath Perps ETHUSD+0.0025%1h2,767.2+0.097%$29K$21K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,765.9+0.050%$13.1M—200xas long as short
Phemex ETHUSDT+0.0030%8h2,766.8+0.084%$266.3M$66.0M150xas long as short
Aster ETHUSDT+0.0037%8h2,766.7+0.080%$255.8M$995.2M200xas long as short
Deribit ETH-PERPETUAL+0.0039%1h2,767.1+0.095%$258.4M$224.5M50xas long as short
MEXC ETH_USDT+0.0046%8h2,767.3+0.102%$1.62B$2.65B500xas long as short
Binance ETHUSDT+0.0046%8h2,768.1+0.129%$6.42B$17.20B150xas long as short
Aevo ETH-PERP+0.0048%1h2,763.5−0.037%$5.0M$636K20xas long as short
Gate ETH_USDT+0.0063%8h2,767.9+0.122%$3.28B$9.61B200xas long as short
Bitget ETHUSDT+0.0074%8h2,767.6+0.111%$2.09B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,765.1+0.021%$184K$1.8M20xas long as short
Variational Omni ETH+0.0092%8h2,764−0.017%$140.6M$319.6M—as long as short
Lighter ETH+0.0096%1h2,765.9+0.051%$115.2M$511.4M50xas long as short
Lighter RH ETH+0.0096%1h2,767.7+0.117%$25.3M$122.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,765.8+0.046%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,764.9+0.013%$15.9M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,765.5+0.036%$479K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,764.6+0.005%$14.7M$116.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.2+0.206%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,765.5+0.035%$31.1M$285.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,767.7+0.115%$2.50B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,764.4−0.004%$2.9M$16.5M25xas long as short
Arcus ETH-USD+0.0100%1h2,767+0.092%$2.8M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,765.5+0.037%$164.9M$254.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,765.5+0.035%$424.0M$741.2M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,768.1+0.130%$15.3M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,763.9−0.022%$177.7M$791.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,767.6+0.112%$160.9M$97.1M50xas long as short
StandX ETH-USD+0.0100%1h2,765.2+0.025%$21.4M$57.7M40xas long as short
Vest ETH-PERP+0.0100%1h2,765.9+0.051%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,766.8+0.083%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,766+0.056%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,768+0.128%$42.6M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h2,764.2−0.009%$970K$14.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,765.2+0.025%$55.1M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,766.3+0.065%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,767.2+0.099%$31.4M$76.1M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,767.3+0.101%$60.1M$4.62B50xas long as short
Kalshi KXETHPERP+0.0120%8h2,766.1+0.058%$8.6M$671.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0131%8h2,768.2+0.132%$32.5M$11.9M100xas long as short
BloFin ETH-USDT+0.0166%8h2,766.1+0.058%$285.7M$194.8M150xas long as short
Reya ETHRUSDPERP+0.0185%1h2,764.2−0.010%$7.5M$998K25xas long as short
Kraken Futures PF_ETHUSD+0.0241%1h2,767+0.091%$87.9M$329.6M100xas long as short
Hibachi ETH/USDT-P+0.0416%1h2,766.2+0.061%$280K$1.5M20xas long as short