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 06:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.004%
Price spread now: Extended against HTX+0.055%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Long on HTXShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.055%, 7d avg −0.016%
Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.072% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,717.6−0.0011get 0.0011% / 8h2h 32m$1.05B$1.21B200x
ShortExtended ETH-USD2,719.10.0104get 0.0013% / 1h32m 27s$30.5M$74.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$24.16
Price spread: +0.055% → −0.016%
$7.16
Slippage, 4 orders
−$0.76
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$13.56
Costs to cover
0.178%
Break-even
3.1 days
Slippage from HTX: live order book, 2 min ago; Extended: live order book, 2 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 HTX live order book, 2 min ago0.02 bp6.0 bp −$66.0 bp −$606.9 bp −$69210.1 bp −$5,047
Sell Extended live order book, 2 min ago0.18 bp3.0 bp −$33.8 bp −$386.9 bp −$68815.6 bp −$7,784

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%43m2,720.2+0.096%$282K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,718.2+0.021%$5K$1K50xas long as short
HTX ETH-USDTlong−0.0011%8h2,717.6long leg$1.05B$1.21B200x
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,719.7+0.075%$11.9M—200xas long as short
Phoenix ETH−0.0009%1h2,721.6+0.146%$815K$3.0M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0008%1h2,719.8+0.078%$30.0M—200xas long as short
Injective ETH/USDC PERP+0.0009%1h2,721.5+0.142%$117K$22.5M52xas long as short
dYdX ETH-USD+0.0011%1h2,720.4+0.102%$10.7M$42.0M50xas long as short
Deribit ETH-PERPETUAL+0.0011%1h2,718.9+0.046%$258.7M$206.2M50xas long as short
01 Exchange ETHUSD+0.0032%1h2,720.6+0.109%$186K$787K50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0033%8h2,719.5+0.068%—$1.14B—as long as short
Bybit ETHUSDT+0.0042%8h2,719.4+0.065%$2.35B$4.41B150xas long as short
SunX ETH-USDT+0.0069%8h2,717.1−0.018%$952K$11.2M100xas long as short
Bullet ETH-USD+0.0070%1h2,719.1+0.054%$179K$1.7M20xas long as short
Aftermath Perps ETHUSD+0.0071%1h2,721.9+0.156%$30K$20K20xas long as short
KuCoin ETHUSDTM+0.0075%8h2,719.4+0.064%$374.6M$577.9M100xas long as short
Aster ETHUSDT+0.0084%8h2,719.5+0.067%$251.6M$843.8M200xas long as short
Aevo ETH-PERP+0.0088%1h2,715.9−0.065%$4.9M$155K20xas long as short
OKX ETH-USDT-SWAP+0.0091%8h2,718.7+0.038%$1.66B$10.78B100xas long as short
Binance ETHUSDT+0.0091%8h2,719.7+0.074%$6.29B$16.07B150xas long as short
MEXC ETH_USDT+0.0092%8h2,719.2+0.056%$1.56B$2.58B500xas long as short
Lighter ETH+0.0096%1h2,720.2+0.095%$111.3M$432.6M50xas long as short
Lighter RH ETH+0.0096%1h2,721.2+0.132%$23.3M$103.2M50xas long as short
Phemex ETHUSDT+0.0100%8h2,718.4+0.028%$262.7M$64.3M150xas long as short
Katana Perps ETH-USD+0.0100%8h2,719.6+0.072%$497K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,722.8+0.191%$15.2M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,720.2+0.095%$13.8M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,721.6+0.146%$3.08B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,720.9+0.120%$31.8M$334.4M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,718.6+0.036%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,720.8+0.116%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,719+0.049%$161.7M$327.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,719.4+0.064%$3.30B$8.94B200xas long as short
Bitget ETHUSDT+0.0100%8h2,719.2+0.056%$2.07B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,718+0.014%$14.9M$43.1M50xas long as short
Variational Omni ETH+0.0100%8h2,723.2+0.206%$133.0M$326.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,724.1+0.239%$184.5M$676.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,723.6+0.220%$158.5M$87.0M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,724.6+0.256%$8.6M$31.3M100xas long as short
StandX ETH-USD+0.0100%1h2,718+0.014%$20.9M$71.3M40xas long as short
Vest ETH-PERP+0.0100%1h2,720.6+0.109%—$876K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,720.9+0.120%$11.1M$9.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,719.7+0.077%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,719+0.049%$40.7M$30.1M15xas long as short
SoDEX ETH-USD+0.0100%1h2,717.8+0.006%$54.1M$187.8M40xas long as short
Extended ETH-USDshort+0.0104%1h2,719.1+0.055%$30.5M$74.0M50x
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,720.3+0.100%—$31.3M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,719+0.051%$49.7M$4.27B50xas long as short
RISEx ETH/USDC+0.0108%1h2,720.8+0.117%$5.5M$11.8M25xas long as short
Kalshi KXETHPERP+0.0157%8h2,718.5+0.032%$6.4M$691.2M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0177%1h2,718.4+0.028%$82.7M$315.8M100xas long as short
Orderly PERP_ETH_USDC+0.0189%8h2,721.2+0.132%$32.0M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0201%1h2,718.3+0.025%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,720.4+0.102%$248K$1.4M20xas long as short
BloFin ETH-USDT+0.0251%8h2,717.8+0.006%$281.2M$174.1M150xas long as short