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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0162%/8h= +17.8% APRpaid last 24h −0.038%
Price spread now: Gate against RISEx+0.007%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.225% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.088%−$9 on $10k
Price spread, last 7 days−0.015%−$1 · spread now +0.007%, 7d avg −0.010%
Together, before fees−0.102%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ETH/USDC2,780.5−0.0085get 0.0011% / 1h40m 01s$5.8M$12.0M25x
ShortGate ETH_USDT2,780.70.0077get 0.0077% / 8h1h 40m$3.30B$9.57B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against RISEx. 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
$34.04
Price spread: +0.007% → −0.010%
$1.72
Slippage, 4 orders
−$1.5
Fee RISEx: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$13.26
Costs to cover
0.225%
Break-even
4.3 days
Slippage from RISEx: live order book, 4 min ago; Gate: 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 RISEx live order book, 4 min ago0.02 bp3.8 bp −$44.9 bp −$49293.7 bp −$29.4Kdoesn't fit
Sell Gate live order book, 4 min ago0.02 bp7.5 bp −$87.5 bp −$7511.0 bp −$1,09819.8 bp −$9,906

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%43m2,780.3−0.007%$289K$6.9M8.3xas long as short
RISEx ETH/USDClong−0.0085%1h2,780.5long leg$5.8M$12.0M25x
Hotstuff ETH-PERP−0.0080%1h2,780.7+0.007%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.7−0.173%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0032%1h2,780.8+0.010%$170K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0027%1h2,778−0.090%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,780.4−0.006%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,774.2−0.227%$885K$3.7M25xas long as short
Phemex ETHUSDT+0.0004%8h2,780.4−0.006%$270.4M$68.5M150xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,781.8+0.047%$22.5M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0015%8h2,780.7+0.005%$1.18Bas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,779.2−0.048%$1.71B$11.84B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,781.7+0.041%$13.2M200xas long as short
Aster ETHUSDT+0.0038%8h2,781.7+0.042%$257.1M$989.8M200xas long as short
Bullet ETH-USD+0.0040%1h2,781+0.018%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0050%1h2,780.7+0.006%$14.3M$117.8M50xas long as short
Aevo ETH-PERP+0.0056%1h2,774.9−0.201%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0058%8h2,779.5−0.037%$1.62B$2.65B500xas long as short
Binance ETHUSDT+0.0062%8h2,780.1−0.017%$6.45B$17.10B150xas long as short
Bitget ETHUSDT+0.0072%8h2,779.2−0.049%$2.10B$3.10B150xas long as short
Gate ETH_USDTshort+0.0077%8h2,780.7+0.007%$3.30B$9.57B200x
Lighter ETH+0.0096%1h2,781.6+0.040%$115.3M$497.6M50xas long as short
Lighter RH ETH+0.0096%1h2,782.6+0.075%$25.5M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,780.6+0.003%$41.5M500xas long as short
Bybit ETHUSDT+0.0096%8h2,778.8−0.064%$2.52B$4.59B150xas long as short
HTX ETH-USDT+0.0096%8h2,781.1+0.020%$1.08B$1.31B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,781.2+0.025%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,780.8+0.010%$483K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,783+0.089%$3.20B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,780.7+0.007%$31.3M$295.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,780−0.019%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,782.1+0.058%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.029%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,781.2+0.023%$426.8M$737.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,781.5+0.033%$15.3M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.7+0.043%$135.5M$322.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.9−0.131%$180.0M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5−0.143%$161.5M$93.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,776.6−0.142%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,780.3−0.008%$21.5M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,781.2+0.024%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,782.2+0.060%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,781.3+0.029%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,783.1+0.092%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,779.6−0.035%$975K$14.0M100xas long as short
SoDEX ETH-USD+0.0100%1h2,780.8+0.010%$55.4M$228.8M40xas long as short
Extended ETH-USD+0.0104%1h2,778.7−0.066%$31.6M$74.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,782.1+0.057%$60.3M$4.60B50xas long as short
Hibachi ETH/USDT-P+0.0112%1h2,782+0.054%$279K$1.5M20xas long as short
Kalshi KXETHPERP+0.0114%8h2,781.5+0.035%$8.6M$672.9M4.9xas long as short
Deribit ETH-PERPETUAL+0.0120%1h2,782.4+0.066%$258.4M$221.6M50xas long as short
Orderly PERP_ETH_USDC+0.0139%8h2,783.5+0.108%$32.7M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,781.8+0.047%$86.3M$330.4M100xas long as short
BloFin ETH-USDT+0.0178%8h2,779.6−0.032%$285.4M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0189%1h2,780.7+0.006%$7.4M$1.1M25xas long as short