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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.004%
Price spread now: HTX against Ondo Perps+0.004%7-day average +0.003% · you sell dearer than you buy
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−0.058%−$6 on $10k
Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.004%, 7d avg +0.003%
Together, before fees−0.059%+ 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 +0.003%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ETH-USD.P2,768.90.0100pay 0.0013% / 1h11m 19s$2.8M$16.8M25x
ShortHTX ETH-USDT2,7690.0076get 0.0076% / 8h7h 11m$1.07B$1.24B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$5.1
Price spread: +0.004% → +0.003%
$0.05
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.05
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; HTX: 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 HTX live order book, 3 min ago0.02 bp6.0 bp −$66.0 bp −$607.1 bp −$70512.0 bp −$6,014
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
Injective ETH/USDC PERP−0.0752%1h2,773.8+0.177%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,769.8+0.032%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,769.4+0.018%$326K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.1+0.043%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,769.8+0.033%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,770.5+0.058%$872K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,769.9+0.036%$12.3M$43.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.8+0.033%$22.4M200xas long as short
Bullet ETH-USD+0.0014%1h2,769.3+0.014%$185K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0030%8h2,768.9+0.001%$1.71B$11.01B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0039%1h2,769.5+0.022%$55.2M$187.8M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,769.7+0.028%$12.7M200xas long as short
Aster ETHUSDT+0.0050%8h2,769.7+0.028%$256.1M$860.0M200xas long as short
Binance ETHUSDT+0.0060%8h2,769.3+0.016%$6.47B$16.12B150xas long as short
MEXC ETH_USDT+0.0061%8h2,769.4+0.018%$1.61B$2.66B500xas long as short
Aevo ETH-PERP+0.0064%1h2,766.5−0.087%$5.0M$156K20xas long as short
HTX ETH-USDTshort+0.0076%8h2,769+0.004%$1.07B$1.24B200x
Bitget ETHUSDT+0.0078%8h2,769+0.003%$2.10B$2.83B150xas long as short
Aftermath Perps ETHUSD+0.0079%1h2,770.4+0.054%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,770.7+0.063%$60.3M$4.41B50xas long as short
Gate ETH_USDT+0.0081%8h2,769.6+0.025%$3.38B$9.10B200xas long as short
Vest ETH-PERP+0.0083%1h2,769.9+0.037%$876K50xas long as short
KuCoin ETHUSDTM+0.0089%8h2,769.9+0.037%$420.1M$596.7M100xas long as short
Phemex ETHUSDT+0.0093%8h2,769.4+0.016%$269.5M$66.0M150xas long as short
ApeX Omni ETHUSDT+0.0094%1h2,769.3+0.014%$8.6M$32.0M100xas long as short
Lighter ETH+0.0096%1h2,769.4+0.017%$115.1M$459.9M50xas long as short
Lighter RH ETH+0.0096%1h2,770.9+0.072%$25.5M$112.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,773.1+0.152%$15.9M$8.4M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.3+0.014%$485K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,769.8+0.033%$14.5M$113.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.4+0.125%$3.17B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,769.5+0.023%$31.2M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.4+0.019%$2.51B$4.30B150xas long as short
Ondo Perps ETH-USD.Plong+0.0100%1h2,768.9long leg$2.8M$16.8M25x
Arcus ETH-USD+0.0100%1h2,770.2+0.046%$2.8M$16.8M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.194%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,768.9−0.002%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,768.8−0.003%$15.2M$41.8M50xas long as short
Variational Omni ETH+0.0100%8h2,769.2+0.009%$134.1M$347.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,769+0.002%$181.8M$786.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.4+0.090%$161.1M$84.1M50xas long as short
StandX ETH-USD+0.0100%1h2,771.5+0.094%$21.4M$64.1M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.6+0.025%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.7+0.029%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,771+0.077%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,768.5−0.014%$971K$12.9M100xas long as short
Extended ETH-USD+0.0104%1h2,768.3−0.021%$30.9M$74.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769.7+0.029%$36.1M500xas long as short
Kalshi KXETHPERP+0.0112%8h2,770.7+0.065%$8.2M$674.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,771.1+0.078%$97.9M$314.8M100xas long as short
Orderly PERP_ETH_USDC+0.0156%8h2,771.8+0.103%$32.7M$11.0M100xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,770.4+0.053%$253K$1.5M20xas long as short
BloFin ETH-USDT+0.0181%8h2,770+0.040%$287.8M$178.2M150xas long as short
Deribit ETH-PERPETUAL+0.0205%1h2,771.2+0.082%$259.1M$202.5M50xas long as short
Reya ETHRUSDPERP+0.0214%1h2,769.8+0.034%$7.3M$1.1M25xas long as short