ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h +0.002%

Price spread now: SunX against KuCoin−0.029%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.029%, 7d avg −0.019%

Together, before fees+0.036%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ETHUSDTM	2,730.8	0.0064	pay 0.0064% / 8h	2h 57m	$377.5M	$576.0M	100x
Short	SunX ETH-USDT	2,730.1	0.0057	get 0.0057% / 8h	2h 57m	$958K	$11.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$1.46
Price spread: −0.029% → −0.019%: −$0.95
Slippage, 4 orders: −$3.59
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$26.01
Costs to cover: 0.236%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; SunX: live order book, 12 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, 7 min ago	0.02 bp	6.0 bp −$6	7.4 bp −$74	10.7 bp −$1,069	doesn't fit
Sell SunX live order book, 12 min ago	1.16 bp	5.4 bp −$5	5.7 bp −$57	7.7 bp −$773	9.5 bp −$4,726

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
Perpl ETH	−0.0335%	43m	2,730.9	+0.003%	$288K	$5.7M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,726.3	−0.166%	$5K	$1K	50x	as long as short
HTX ETH-USDT	−0.0021%	8h	2,730.4	−0.018%	$1.05B	$1.21B	200x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,731.2	+0.013%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,727.6	−0.119%	$814K	$3.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,728.9	−0.072%	$10.7M	$42.1M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,731.3	+0.018%	$28.0M	—	200x	as long as short
Injective ETH/USDC PERP	+0.0009%	1h	2,726.5	−0.159%	$117K	$22.5M	52x	as long as short
BingX ETH-USDC	+0.0031%	8h	2,730.4	−0.018%	—	$18.5M	—	as long as short
Bybit ETHUSDT	+0.0037%	8h	2,730.6	−0.009%	$2.36B	$4.40B	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ETHUSD	+0.0040%	1h	2,731	+0.006%	$186K	$785K	50x	as long as short
SunX ETH-USDTshort	+0.0057%	8h	2,730.1	−0.029%	$958K	$11.1M	100x
KuCoin ETHUSDTMlong	+0.0064%	8h	2,730.8	long leg	$377.5M	$576.0M	100x
Deribit ETH-PERPETUAL	+0.0069%	1h	2,731.9	+0.038%	$258.5M	$203.1M	50x	as long as short
ApeX Omni ETHUSDT	+0.0076%	1h	2,728	−0.105%	$8.7M	$31.2M	100x	as long as short
Aster ETHUSDT	+0.0077%	8h	2,730.7	−0.005%	$252.7M	$843.0M	200x	as long as short
Aevo ETH-PERP	+0.0080%	1h	2,728.4	−0.090%	$4.9M	$155K	20x	as long as short
Phemex ETHUSDT	+0.0081%	8h	2,730.7	−0.007%	$264.4M	$64.1M	150x	as long as short
MEXC ETH_USDT	+0.0082%	8h	2,731	+0.006%	$1.56B	$2.55B	500x	as long as short
Binance ETHUSDT	+0.0083%	8h	2,731	+0.007%	$6.33B	$15.97B	150x	as long as short
OKX ETH-USDT-SWAP	+0.0084%	8h	2,730.6	−0.009%	$1.67B	$10.75B	100x	as long as short
Aftermath Perps ETHUSD	+0.0088%	1h	2,728.5	−0.087%	$30K	$20K	20x	as long as short
Bullet ETH-USD	+0.0088%	1h	2,730.9	+0.003%	$177K	$1.7M	20x	as long as short
Lighter ETH	+0.0096%	1h	2,731	+0.004%	$112.0M	$428.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,732.6	+0.063%	$23.4M	$102.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,729.5	−0.050%	—	$31.0M	500x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,729.5	−0.049%	$499K	$3.4M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,731.5	+0.024%	$15.4M	$8.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,728.6	−0.081%	$13.7M	$104.9M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,733	+0.079%	$3.09B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,730	−0.032%	$31.8M	$334.3M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,726.2	−0.170%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,730.6	−0.009%	$1.5M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,731.2	+0.012%	$3.34B	$8.83B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,730.9	+0.001%	$2.08B	$2.74B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,725.5	−0.196%	$14.9M	$42.3M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,726.2	−0.170%	$134.1M	$323.0M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,726.1	−0.172%	$183.4M	$673.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,727.4	−0.126%	$158.7M	$87.2M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,726	−0.177%	$21.0M	$73.8M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,731	+0.006%	—	$846K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,732.4	+0.057%	$11.2M	$9.5M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,730.8	0.000%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,732.1	+0.046%	$41.0M	$30.1M	15x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,730.6	−0.009%	$54.4M	$187.9M	40x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,726.9	−0.142%	$164.5M	$309.8M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,729.8	−0.038%	$30.6M	$73.8M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,731.9	+0.038%	$50.1M	$4.28B	50x	as long as short
RISEx ETH/USDC	+0.0108%	1h	2,730.7	−0.004%	$5.6M	$11.7M	25x	as long as short
Kalshi KXETHPERP	+0.0120%	8h	2,729.8	−0.038%	$6.4M	$688.0M	4.9x	as long as short
Kraken Futures PF_ETHUSD	+0.0176%	1h	2,731.4	+0.021%	$83.1M	$316.8M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0190%	8h	2,732.9	+0.074%	$32.1M	$11.5M	100x	as long as short
Reya ETHRUSDPERP	+0.0205%	1h	2,730.3	−0.019%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0232%	1h	2,729	−0.068%	$249K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0332%	8h	2,730.6	−0.008%	$283.8M	$174.7M	150x	as long as short