Settings8H · net · $10k
Funding arb · Price arb /

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.04 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against OKX+0.017%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,777.40.0018pay 0.0018% / 8h59m 06s$1.70B$11.88B100x
ShortBingX ETH-USDT2,777.90.0014get 0.0014% / 8h59m 06s$1.21B

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
−$0.81
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
−$0.21
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$19.29
Costs to cover
0.202%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: 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 OKX live order book, 5 min ago0.02 bp5.0 bp −$55.0 bp −$505.3 bp −$5267.1 bp −$3,566
Sell BingX live order book, 5 min ago0.04 bp5.0 bp −$55.0 bp −$505.3 bp −$5356.0 bp −$2,998

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%43m2,777.1−0.012%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,776.3−0.040%$5.7M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,777.3−0.004%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777.4−0.001%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0016%1h2,777.2−0.008%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0004%1h2,776.8−0.023%$29K$22K20xas long as short
Bullet ETH-USD−0.0001%1h2,776.8−0.022%$181K$1.7M20xas long as short
dYdX ETH-USD0.0000%1h2,777.9+0.017%$12.7M$45.9M50xas long as short
Phoenix ETH0.0000%1h2,777.6+0.006%$881K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.7+0.011%$22.4M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDTshort+0.0014%8h2,777.9+0.017%$1.21B
OKX ETH-USDT-SWAPlong+0.0018%8h2,777.4long leg$1.70B$11.88B100x
Phemex ETHUSDT+0.0022%8h2,777.1−0.012%$270.5M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.7+0.009%$12.9M200xas long as short
Aster ETHUSDT+0.0034%8h2,777.7+0.009%$254.8M$995.7M200xas long as short
Deribit ETH-PERPETUAL+0.0034%1h2,778.5+0.040%$258.7M$222.8M50xas long as short
SoDEX ETH-USD+0.0042%1h2,776.9−0.019%$55.3M$229.0M40xas long as short
ApeX Omni ETHUSDT+0.0058%1h2,777.6+0.005%$8.8M$32.7M100xas long as short
MEXC ETH_USDT+0.0060%8h2,776.9−0.019%$1.60B$2.62B500xas long as short
Binance ETHUSDT+0.0061%8h2,777.7+0.012%$6.44B$17.24B150xas long as short
Aevo ETH-PERP+0.0064%1h2,774.5−0.106%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,777.3−0.003%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0071%8h2,777.8+0.015%$3.30B$9.55B200xas long as short
HTX ETH-USDT+0.0087%8h2,776.6−0.029%$1.08B$1.32B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,778.1+0.025%$60.1M$4.61B50xas long as short
Bybit ETHUSDT+0.0091%8h2,777.5+0.002%$2.52B$4.63B150xas long as short
KuCoin ETHUSDTM+0.0092%8h2,776.8−0.022%$423.3M$739.5M100xas long as short
Vest ETH-PERP+0.0095%1h2,777.5+0.002%$1.1M50xas long as short
Lighter ETH+0.0096%1h2,777.3−0.003%$115.3M$491.9M50xas long as short
Lighter RH ETH+0.0096%1h2,778.8+0.051%$25.4M$120.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.8−0.024%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,777.1−0.012%$477K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.5−0.035%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,780.4+0.107%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,777.7+0.010%$31.2M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.7−0.026%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,778+0.021%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.019%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,777.7+0.011%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,775.9−0.054%$147.5M$336.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,777−0.014%$181.7M$781.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.9−0.019%$161.5M$90.7M50xas long as short
StandX ETH-USD+0.0100%1h2,778.5+0.039%$21.5M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.8+0.014%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,778.1+0.024%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.2+0.065%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.9−0.020%$974K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,776.3−0.039%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,777.40.000%$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,778.2+0.028%$86.5M$332.6M100xas long as short
Kalshi KXETHPERP+0.0125%8h2,777.8+0.014%$8.3M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.7+0.083%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0181%8h2,776.8−0.023%$285.0M$195.0M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,776.4−0.037%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,777.5+0.003%$270K$1.5M20xas long as short