ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against KuCoin−0.002%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.222% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 7 days+0.003%$0 · spread now −0.002%, 7d avg −0.006%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ETHUSDTM	2,729.9	0.0083	pay 0.0083% / 8h	7h 57m	$384.0M	$575.7M	100x
Short	OKX ETH-USDT-SWAP	2,729.9	0.0078	get 0.0078% / 8h	7h 57m	$1.66B	$10.74B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$0.95
Price spread: −0.002% → −0.006%: $0.43
Slippage, 4 orders: −$0.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.74
Costs to cover: 0.222%
Break-even: never at this rate

Slippage from KuCoin: live order book, 12 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 12 min ago	0.02 bp	6.0 bp −$6	8.2 bp −$82	10.4 bp −$1,043	doesn't fit
Sell OKX live order book, 2 min ago	0.02 bp	5.0 bp −$5	5.0 bp −$50	5.0 bp −$502	6.3 bp −$3,170

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex ETHUSDT	−0.0555%	8h	2,727.7	−0.082%	$262.9M	$64.0M	150x	as long as short
Perpl ETH	−0.0447%	43m	2,729.8	−0.005%	$281K	$5.7M	8.3x	as long as short
Gate ETH_USDT	−0.0097%	8h	2,730	+0.003%	$3.31B	$8.18B	200x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,727.9	−0.074%	$5K	$1K	50x	as long as short
Phoenix ETH	−0.0015%	1h	2,728.7	−0.045%	$805K	$3.0M	25x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,728.4	−0.055%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,730	+0.003%	$10.5M	$41.8M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,728.6	−0.049%	$6.8M	$672.9M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,728.3	−0.059%	$264.4M	$217.7M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,730.4	+0.018%	$32.9M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDT	+0.0016%	8h	2,729.9	−0.002%	—	$1.07B	—	as long as short
SunX ETH-USDT	+0.0058%	8h	2,727.4	−0.095%	$956K	$10.7M	100x	as long as short
01 Exchange ETHUSD	+0.0064%	1h	2,730.7	+0.028%	$191K	$884K	50x	as long as short
OKX ETH-USDT-SWAPshort	+0.0078%	8h	2,729.9	−0.002%	$1.66B	$10.74B	100x
Hibachi ETH/USDT-P	+0.0080%	1h	2,726.5	−0.126%	$240K	$1.4M	20x	as long as short
Bybit ETHUSDT	+0.0081%	8h	2,729.7	−0.010%	$2.32B	$4.32B	150x	as long as short
KuCoin ETHUSDTMlong	+0.0083%	8h	2,729.9	long leg	$384.0M	$575.7M	100x
Aster ETHUSDT	+0.0086%	8h	2,730.1	+0.005%	$252.4M	$851.3M	200x	as long as short
ApeX Omni ETHUSDT	+0.0089%	1h	2,726.3	−0.132%	$8.4M	$31.2M	100x	as long as short
Aftermath Perps ETHUSD	+0.0094%	1h	2,725.8	−0.150%	$30K	$20K	20x	as long as short
MEXC ETH_USDT	+0.0094%	8h	2,729.6	−0.012%	$1.56B	$2.54B	500x	as long as short
Binance ETHUSDT	+0.0095%	8h	2,730	+0.002%	$6.32B	$16.10B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,730	+0.001%	$112.2M	$399.9M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,731.3	+0.049%	$23.6M	$95.2M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,728.8	−0.042%	$4.9M	$191K	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,730	+0.003%	$501K	$3.6M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,733.5	+0.131%	$15.4M	$7.4M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,730.1	+0.005%	$14.1M	$104.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,732.3	+0.088%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,730.1	+0.007%	$32.1M	$332.5M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,727.5	−0.089%	$2.7M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,730.3	+0.013%	$1.6M	$15.9M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,727.1	−0.103%	$161.7M	$337.0M	25x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,729.4	−0.020%	$2.11B	$2.76B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,727.2	−0.101%	$15.0M	$40.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,723	−0.255%	$131.2M	$318.7M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,725	−0.182%	$185.4M	$683.0M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,725.7	−0.156%	$158.4M	$81.2M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,728.8	−0.041%	$21.0M	$70.3M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,731	+0.038%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,730.5	+0.021%	$11.2M	$9.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,727.3	−0.096%	$180K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,729.2	−0.028%	$20K	$23K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,727.4	−0.092%	$40.5M	$30.0M	15x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,727.5	−0.089%	$54.3M	$182.6M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,727.3	−0.095%	$1.05B	$1.22B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	2,729	−0.035%	$30.4M	$71.2M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,726.7	−0.118%	—	$30.1M	500x	as long as short
Kraken Futures PF_ETHUSD	+0.0105%	1h	2,728	−0.072%	$81.9M	$310.7M	100x	as long as short
BloFin ETH-USDT	+0.0107%	8h	2,725	−0.180%	$280.6M	$177.6M	150x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	2,728.9	−0.038%	$46.6M	$4.25B	50x	as long as short
RISEx ETH/USDC	+0.0137%	1h	2,731	+0.038%	$5.6M	$11.6M	25x	as long as short
Reya ETHRUSDPERP	+0.0176%	1h	2,728.6	−0.049%	$7.3M	$972K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0186%	8h	2,730.7	+0.027%	$32.2M	$11.3M	100x	as long as short
Injective ETH/USDC PERP	+0.0253%	1h	2,728.4	−0.056%	$117K	$18.9M	52x	as long as short