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 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.023%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Long on KuCoinShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.023%, 7d avg −0.005%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHUSDTM2,764.30.0085pay 0.0085% / 8h7h 18m$419.8M$619.4M100x
ShortGate ETH_USDT2,763.70.0056get 0.0056% / 8h7h 18m$3.38B$9.05B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
−$6.09
Price spread: −0.023% → −0.005%
−$1.83
Slippage, 4 orders
−$0.57
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$35.49
Costs to cover
0.276%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 5 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 KuCoin live order book, 6 min ago0.02 bp6.4 bp −$67.9 bp −$7910.7 bp −$1,071doesn't fit
Sell Gate live order book, 5 min ago0.02 bp7.5 bp −$87.5 bp −$759.1 bp −$91517.8 bp −$8,883

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
Injective ETH/USDC PERP−0.0752%1h2,776.9+0.454%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,766.7+0.086%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,767.1+0.099%$326K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,767.2+0.103%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,767.1+0.100%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.277%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,764.7+0.014%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,767.2+0.104%$22.4M—200xas long as short
Bullet ETH-USD+0.0019%1h2,766.7+0.085%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,764.3−0.001%$1.70B$11.12B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0028%1h2,763.7−0.023%$55.0M$188.0M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,767.4+0.110%$12.7M—200xas long as short
Aster ETHUSDT+0.0044%8h2,762.6−0.065%$255.8M$885.9M200xas long as short
Gate ETH_USDTshort+0.0056%8h2,763.7−0.023%$3.38B$9.05B200x
Aevo ETH-PERP+0.0056%1h2,764.6+0.008%$5.0M$165K20xas long as short
Binance ETHUSDT+0.0057%8h2,762.9−0.051%$6.46B$16.27B150xas long as short
MEXC ETH_USDT+0.0059%8h2,763.4−0.035%$1.61B$2.65B500xas long as short
Deribit ETH-PERPETUAL+0.0061%1h2,765.2+0.031%$259.1M$204.5M50xas long as short
Aftermath Perps ETHUSD+0.0072%1h2,771.1+0.244%$31K$21K20xas long as short
Bitget ETHUSDT+0.0076%8h2,763.2−0.042%$2.09B$2.87B150xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,765+0.022%$60.2M$4.41B50xas long as short
Vest ETH-PERP+0.0082%1h2,767.8+0.126%—$876K50xas long as short
KuCoin ETHUSDTMlong+0.0085%8h2,764.3long leg$419.8M$619.4M100x
HTX ETH-USDT+0.0088%8h2,762.4−0.072%$1.07B$1.25B200xas long as short
Lighter ETH+0.0096%1h2,764.3−0.001%$114.7M$458.7M50xas long as short
Lighter RH ETH+0.0096%1h2,765.7+0.047%$25.5M$111.8M50xas long as short
ApeX Omni ETHUSDT+0.0098%1h2,768.2+0.139%$8.7M$32.1M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,766.1+0.065%$15.9M$8.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,766.9+0.093%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,766.1+0.062%$14.6M$113.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,766.4+0.075%$3.16B$2.18B25xas long as short
Pacifica ETH+0.0100%1h2,764.2−0.004%$31.1M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,764.40.000%$2.51B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,763.5−0.030%$2.8M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,764.3−0.002%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.8+0.308%$170.3M$276.6M25xas long as short
BingX ETH-USDT+0.0100%8h2,763.2−0.041%—$1.20B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,763.7−0.025%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.152%$137.0M$344.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,768.1+0.136%$181.7M$785.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.8+0.160%$161.1M$85.1M50xas long as short
StandX ETH-USD+0.0100%1h2,767.8+0.125%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,767.6+0.118%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,766.4+0.075%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,767.1+0.100%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,766.3+0.071%$969K$13.1M100xas long as short
Phemex ETHUSDT+0.0100%8h2,763.8−0.019%$269.0M$67.4M150xas long as short
Extended ETH-USD+0.0104%1h2,762.7−0.061%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769+0.170%—$36.1M500xas long as short
Kalshi KXETHPERP+0.0109%8h2,767.4+0.111%$8.1M$678.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,765.4+0.039%$97.7M$320.7M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,769.3+0.178%$252K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0154%8h2,768.6+0.156%$32.6M$11.1M100xas long as short
BloFin ETH-USDT+0.0180%8h2,763.6−0.029%$287.3M$178.3M150xas long as short
Reya ETHRUSDPERP+0.0213%1h2,767.6+0.119%$7.3M$1.1M25xas long as short