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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Ondo Perps−0.020%7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days+0.150%+$15 · spread now −0.020%, 7d avg −0.028%
Together, before fees+0.154%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ETH-USD.P2,7800.0100pay 0.0013% / 1h40m 40s$2.8M$16.8M25x
ShortExtended ETH-USD2,779.40.0104get 0.0013% / 1h40m 40s$31.6M$74.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. 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
$0.84
Price spread: −0.020% → −0.028%
$0.75
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$8.41
Costs to cover
0.100%
Break-even
77.1 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 3 min ago. 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 Ondo Perps no order-book sample
Sell Extended live order book, 3 min ago0.18 bp2.7 bp −$32.7 bp −$273.7 bp −$36712.1 bp −$6,049
Ondo 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%43m2,781.3+0.045%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,780.5+0.019%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,782+0.072%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.7−0.155%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0032%1h2,781.2+0.043%$170K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0027%1h2,777.2−0.102%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,780.4+0.013%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,774.2−0.209%$885K$3.7M25xas long as short
Phemex ETHUSDT+0.0005%8h2,779.5−0.018%$270.4M$68.5M150xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,780.3+0.010%$22.5M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0015%8h2,780.3+0.010%$1.18Bas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,779.8−0.007%$1.71B$11.85B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,780.4+0.016%$13.2M200xas long as short
Aster ETHUSDT+0.0038%8h2,780.1+0.003%$257.0M$989.7M200xas long as short
Bullet ETH-USD+0.0040%1h2,780−0.001%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0044%1h2,780.1+0.004%$14.3M$117.7M50xas long as short
Aevo ETH-PERP+0.0056%1h2,775.3−0.168%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0058%8h2,780.6+0.022%$1.62B$2.65B500xas long as short
Binance ETHUSDT+0.0062%8h2,779.9−0.004%$6.45B$17.11B150xas long as short
Bitget ETHUSDT+0.0072%8h2,780.1+0.004%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0077%8h2,780.2+0.006%$3.30B$9.57B200xas long as short
HTX ETH-USDT+0.0096%8h2,779.6−0.015%$1.08B$1.31B200xas long as short
Lighter ETH+0.0096%1h2,780.5+0.019%$115.3M$497.6M50xas long as short
Lighter RH ETH+0.0096%1h2,781.8+0.065%$25.5M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,782.3+0.081%$41.5M500xas long as short
Bybit ETHUSDT+0.0096%8h2,780.5+0.017%$2.53B$4.59B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,781.2+0.043%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,781.5+0.054%$483K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,782.1+0.076%$3.19B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,780.7+0.025%$31.3M$295.5M50xas long as short
Ondo Perps ETH-USD.Plong+0.0100%1h2,780long leg$2.8M$16.8M25x
Arcus ETH-USD+0.0100%1h2,782.1+0.077%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.047%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,780.2+0.007%$426.7M$737.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,780.3+0.012%$15.3M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,773.8−0.222%$135.8M$327.0Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.9−0.112%$180.0M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5−0.125%$161.5M$93.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,776.6−0.124%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,780.3+0.011%$21.5M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,781+0.037%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,781.6+0.058%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,780+0.001%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.2+0.044%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,780.7+0.023%$975K$14.0M100xas long as short
SoDEX ETH-USD+0.0100%1h2,779.4−0.022%$55.3M$228.8M40xas long as short
Extended ETH-USDshort+0.0104%1h2,779.4−0.020%$31.6M$74.6M50x
Hibachi ETH/USDT-P+0.0104%1h2,778.9−0.040%$281K$1.5M20xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,780.8+0.030%$60.3M$4.60B50xas long as short
Deribit ETH-PERPETUAL+0.0106%1h2,781.1+0.038%$258.4M$221.6M50xas long as short
Kalshi KXETHPERP+0.0113%8h2,781.8+0.065%$8.6M$672.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0139%8h2,781.5+0.054%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,780.7+0.024%$86.3M$330.4M100xas long as short
BloFin ETH-USDT+0.0178%8h2,779.6−0.013%$285.4M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0189%1h2,779.8−0.006%$7.4M$1.1M25xas long as short