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+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against OKX+0.018%7-day average +0.004% · 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−$21as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Long on OKXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days−0.024%−$2 · spread now +0.018%, 7d avg +0.004%
Together, before fees−0.005%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,742.80.0061pay 0.0061% / 8h5h 45m$1.70B$10.57B100x
ShortBitget ETHUSDT2,743.30.0100get 0.0100% / 8h5h 45m$2.08B$2.73B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$8.29
Price spread: +0.018% → +0.004%
$1.39
Slippage, 4 orders
−$0.58
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$12.9
Costs to cover
0.226%
Break-even
17.9 days
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago0.02 bp5.0 bp −$55.0 bp −$505.5 bp −$5507.6 bp −$3,788
Sell Bitget live order book, 4 min ago0.02 bp6.5 bp −$77.2 bp −$728.6 bp −$86310.0 bp −$4,993

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−0.0112%43m2,740−0.101%$304K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,738.9−0.141%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,744.7+0.070%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,741.4−0.050%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,742.8+0.001%$10.8M$41.8M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,741.7−0.041%$22.1M—200xas long as short
Phoenix ETH+0.0017%1h2,741.9−0.032%$845K$2.9M25xas long as short
BingX ETH-USDC+0.0047%8h2,742.7−0.003%—$18.5M—as long as short
01 Exchange ETHUSD+0.0048%1h2,740.9−0.069%$182K$916K50xas long as short
OKX ETH-USDT-SWAPlong+0.0061%8h2,742.8long leg$1.70B$10.57B100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0064%8h2,741.8−0.034%$376.6M$597.6M100xas long as short
RISEx ETH/USDC+0.0077%1h2,744.2+0.051%$5.7M$11.2M25xas long as short
Aster ETHUSDT+0.0078%8h2,741.8−0.036%$251.9M$841.1M200xas long as short
Aevo ETH-PERP+0.0080%1h2,738.7−0.150%$4.9M$159K20xas long as short
MEXC ETH_USDT+0.0087%8h2,742.6−0.008%$1.57B$2.52B500xas long as short
Binance ETHUSDT+0.0088%8h2,742.4−0.014%$6.38B$15.72B150xas long as short
Bullet ETH-USD+0.0095%1h2,741−0.066%$181K$1.7M20xas long as short
HTX ETH-USDT+0.0096%8h2,740.9−0.070%$1.06B$1.18B200xas long as short
Lighter ETH+0.0096%1h2,742.4−0.013%$112.8M$431.7M50xas long as short
Lighter RH ETH+0.0096%1h2,743.2+0.016%$24.6M$103.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,738.1−0.170%—$30.9M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,741.8−0.036%$59.0M$4.27B50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,746.7+0.142%$16.1M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,743.3+0.019%$469K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,740.9−0.070%$13.9M$106.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,743+0.008%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,742.9+0.004%$31.6M$334.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,743+0.007%$2.45B$4.18B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,741.3−0.054%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,744.2+0.051%$2.7M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,743.5+0.027%$165.1M$304.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,743.8+0.037%$3.40B$8.68B200xas long as short
Bitget ETHUSDTshort+0.0100%8h2,743.3+0.018%$2.08B$2.73B150x
Backpack ETH_USDC_PERP+0.0100%1h2,740.7−0.074%$14.9M$40.9M50xas long as short
Variational Omni ETH+0.0100%8h2,740.4−0.087%$132.4M$336.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,741.1−0.060%$181.5M$691.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,747.6+0.176%$159.8M$81.4M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,740.9−0.068%$8.7M$31.1M100xas long as short
StandX ETH-USD+0.0100%1h2,739.8−0.109%$21.2M$69.4M40xas long as short
Vest ETH-PERP+0.0100%1h2,741.4−0.050%—$819K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,741.5−0.047%$10.7M$8.4M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,741.2−0.059%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,743.1+0.012%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,740.7−0.075%$961K$11.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,740.9−0.069%$54.6M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,740.8−0.071%$266.7M$65.1M150xas long as short
Extended ETH-USD+0.0104%1h2,742.9+0.005%$30.6M$72.5M50xas long as short
Aftermath Perps ETHUSD+0.0131%1h2,743.1+0.012%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0144%1h2,742.1−0.025%$258.8M$195.6M50xas long as short
Kalshi KXETHPERP+0.0151%8h2,741.1−0.061%$7.7M$668.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,743.9+0.040%$32.3M$11.0M100xas long as short
BloFin ETH-USDT+0.0207%8h2,737.8−0.180%—$176.6M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,741.4−0.052%$87.3M$310.1M100xas long as short
Reya ETHRUSDPERP+0.0225%1h2,740.7−0.077%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,740.9−0.070%$249K$1.4M20xas long as short