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 00:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.043%
Price spread now: Jupiter Perps against Lighter+0.003%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on LighterShort on Jupiter Perps
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.138%−$14 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.003%, 7d avg −0.015%
Together, before fees−0.171%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ETH2,777.30.0096pay 0.0012% / 1h58m 55s$115.3M$491.9M50x
ShortJupiter Perps ETH-PERP2,777.4L +0.0104% / S +0.0048%pay 0.0006% / 1h58m 55s—$41.8M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps against Lighter. 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
−$30.24
Price spread: +0.003% → −0.015%
$1.77
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$40.47
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Jupiter Perps: no order-book sample. 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 Lighter live order book, 5 min ago0.23 bp0.3 bp $00.9 bp −$91.4 bp −$1444.8 bp −$2,375
Sell Jupiter Perps no order-book sample—————
Jupiter Perps: 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−0.0447%43m2,777.1−0.009%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,776.3−0.037%$5.7M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,777.3−0.001%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777.4+0.002%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0016%1h2,777.2−0.005%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0004%1h2,776.8−0.020%$29K$22K20xas long as short
Bullet ETH-USD−0.0001%1h2,776.8−0.019%$181K$1.7M20xas long as short
dYdX ETH-USD0.0000%1h2,777.9+0.020%$12.7M$45.9M50xas long as short
Phoenix ETH0.0000%1h2,777.6+0.009%$881K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.7+0.014%$22.4M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0014%8h2,776.9−0.016%—$17.4M—as long as short
OKX ETH-USDT-SWAP+0.0018%8h2,777.4+0.003%$1.70B$11.88B100xas long as short
Phemex ETHUSDT+0.0022%8h2,777.1−0.009%$270.5M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.7+0.012%$12.9M—200xas long as short
Aster ETHUSDT+0.0034%8h2,777.5+0.007%$254.8M$995.8M200xas long as short
Deribit ETH-PERPETUAL+0.0034%1h2,778.5+0.042%$258.7M$222.8M50xas long as short
SoDEX ETH-USD+0.0042%1h2,776.9−0.016%$55.3M$229.0M40xas long as short
ApeX Omni ETHUSDT+0.0058%1h2,777.6+0.008%$8.8M$32.7M100xas long as short
MEXC ETH_USDT+0.0060%8h2,777.5+0.004%$1.60B$2.62B500xas long as short
Binance ETHUSDT+0.0061%8h2,777.4+0.002%$6.44B$17.24B150xas long as short
Aevo ETH-PERP+0.0064%1h2,774.5−0.103%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,777.4+0.001%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0071%8h2,777.3−0.002%$3.30B$9.55B200xas long as short
HTX ETH-USDT+0.0087%8h2,776.6−0.026%$1.08B$1.32B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,778.1+0.028%$60.1M$4.61B50xas long as short
Bybit ETHUSDT+0.0091%8h2,777.4+0.003%$2.52B$4.63B150xas long as short
KuCoin ETHUSDTM+0.0092%8h2,777.3−0.001%$423.4M$739.5M100xas long as short
Vest ETH-PERP+0.0095%1h2,777.5+0.005%—$1.1M50xas long as short
Lighter ETHlong+0.0096%1h2,777.3long leg$115.3M$491.9M50x
Lighter RH ETH+0.0096%1h2,778.8+0.054%$25.4M$120.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.8−0.021%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,777.1−0.009%$477K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.5−0.032%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,780.4+0.110%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,777.7+0.013%$31.2M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.7−0.023%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,778+0.023%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.022%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,777.7+0.014%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,775.9−0.051%$147.5M$336.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,777−0.011%$181.7M$781.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.9−0.016%$161.5M$90.7M50xas long as short
StandX ETH-USD+0.0100%1h2,778.5+0.042%$21.5M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.8+0.017%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,778.1+0.027%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.2+0.068%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.9−0.017%$974K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,776.7−0.023%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPshortL +0.0104% / S +0.0048%1h2,777.4+0.003%—$41.8M500x
Kraken Futures PF_ETHUSD+0.0123%1h2,778.2+0.030%$86.5M$332.6M100xas long as short
Kalshi KXETHPERP+0.0125%8h2,777.8+0.017%$8.3M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.7+0.086%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0181%8h2,776.8−0.020%$285.0M$195.0M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,776.4−0.034%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,777.5+0.006%$270K$1.5M20xas long as short