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 22:00 UTC−0.0109%/8h= −11.9% APRnext payment −$0.14 per $10,000 · paid last 24h −0.036%
Price spread now: GMX against Ondo Perps+0.034%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Ondo PerpsShort on GMX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$3 on $10k
Price spread, last 3 days (all we have)+0.086%+$9 · spread now +0.034%, 7d avg +0.051%
Together, before fees+0.061%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ETH-USD.P2,771.40.0100pay 0.0013% / 1h48m 27s$2.9M$16.5M25x
ShortGMX ETH/USD [ETH-USDC]2,772.3L +0.0027% / S +0.0009%pay 0.0001% / 1h48m 27s$13.1M—200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$22.92
Price spread: +0.034% → +0.051%
−$1.7
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$41.61
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; GMX: 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 Ondo Perps no order-book sample—————
Sell GMX no order-book sample—————
Ondo Perps and GMX: 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%43m2,771.5+0.003%$289K$6.9M8.3xas long as short
ApeX Omni ETHUSDT−0.0178%1h2,769.3−0.076%$10.5M$31.0M100xas long as short
Injective ETH/USDC PERP−0.0107%1h2,770.7−0.025%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770−0.051%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0072%1h2,771.40.000%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,776.7+0.191%$797K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,771.1−0.009%$5.8M$11.9M25xas long as short
dYdX ETH-USD0.0000%1h2,772.5+0.040%$12.9M$45.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772.6+0.044%$22.4M—200xas long as short
Phemex ETHUSDT+0.0021%8h2,769.8−0.059%$266.5M$65.9M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,771.40.000%$1.70B$11.86B100xas long as short
GMX ETH/USD [ETH-USDC]shortL +0.0027% / S +0.0009%1h2,772.3+0.034%$13.1M—200x
Aftermath Perps ETHUSD+0.0038%1h2,773.3+0.070%$29K$22K20xas long as short
Aevo ETH-PERP+0.0040%1h2,769.7−0.063%$5.0M$636K20xas long as short
Aster ETHUSDT+0.0043%8h2,771.4+0.001%$255.9M$997.1M200xas long as short
MEXC ETH_USDT+0.0043%8h2,771.6+0.008%$1.59B$2.63B500xas long as short
Binance ETHUSDT+0.0044%8h2,771.7+0.009%$6.44B$17.22B150xas long as short
Gate ETH_USDT+0.0058%8h2,771.5+0.003%$3.29B$9.55B200xas long as short
Bitget ETHUSDT+0.0073%8h2,771.3−0.003%$2.09B$3.13B150xas long as short
SoDEX ETH-USD+0.0075%1h2,769.8−0.058%$55.2M$228.6M40xas long as short
Bullet ETH-USD+0.0076%1h2,771.40.000%$187K$1.8M20xas long as short
Variational Omni ETH+0.0091%8h2,769.8−0.057%$141.1M$319.9M—as long as short
Lighter ETH+0.0096%1h2,772.2+0.029%$115.2M$508.6M50xas long as short
Lighter RH ETH+0.0096%1h2,773.5+0.074%$25.3M$121.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,772.6+0.045%—$42.5M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,772.2+0.031%$15.9M$11.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.7+0.011%$480K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,771.7+0.011%$16.1M$115.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,774.2+0.101%$3.20B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,772.4+0.036%$31.3M$283.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,771.5+0.004%$2.51B$4.65B150xas long as short
Ondo Perps ETH-USD.Plong+0.0100%1h2,771.4long leg$2.9M$16.5M25x
Arcus ETH-USD+0.0100%1h2,773.4+0.070%$2.8M$17.6M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.021%$164.5M$255.4M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,770.8−0.021%$426.2M$745.1M100xas long as short
BingX ETH-USDC+0.0100%8h2,771.6+0.006%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771−0.016%$15.4M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,772.9+0.056%$178.4M$789.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,769.9−0.052%$161.1M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,769.5−0.069%$21.4M$57.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,772+0.023%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773+0.058%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.4+0.036%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.1+0.099%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,768.3−0.114%$970K$14.3M100xas long as short
HTX ETH-USDT+0.0100%8h2,768.9−0.091%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,771.3−0.003%$31.4M$76.3M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,771.5+0.002%$60.0M$4.65B50xas long as short
Kalshi KXETHPERP+0.0115%8h2,770.4−0.036%$8.6M$670.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0128%8h2,774.8+0.121%$32.5M$11.8M100xas long as short
BloFin ETH-USDT+0.0164%8h2,769.8−0.057%$286.5M$196.4M150xas long as short
Deribit ETH-PERPETUAL+0.0169%1h2,771.7+0.011%$259.0M$223.4M50xas long as short
Reya ETHRUSDPERP+0.0191%1h2,770.7−0.027%$7.5M$998K25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,771.3−0.002%$88.4M$330.6M100xas long as short
Hibachi ETH/USDT-P+0.0384%1h2,770.9−0.018%$273K$1.5M20xas long as short