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

ETH

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h −0.044%
Price spread now: Jupiter Perps against RISEx−0.081%45s7-day average −0.003% · 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 3 days (all we have)−0.150%−$15 on $10k
Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.081%, 7d avg −0.003%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Jupiter Perps is 0.078% cheaper against RISEx than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.003%). If the spread goes back, that is −$8 on $10k: about 3.2 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.150%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ETH/USDC2,768−0.0128get 0.0016% / 1h17m 29s$5.6M$11.2M25x
ShortJupiter Perps ETH-PERP2,765.8L +0.0104% / S +0.0048%pay 0.0006% / 1h17m 29s$36.1M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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
$16.74
Price spread: −0.081% → −0.003%
−$7.77
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$9.02
Costs to cover
0.180%
Break-even
10.8 days
Slippage unknown: RISEx: live order book, 2 min ago; Jupiter Perps: 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 RISEx live order book, 2 min ago0.02 bp4.0 bp −$44.6 bp −$46299.3 bp −$29.9Kdoesn't fit
Sell Jupiter Perps no order-book sample
Jupiter 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%1h2,776.9+0.322%$119K$22.5M52xas long as short
RISEx ETH/USDClong−0.0128%1h2,768long leg$5.6M$11.2M25x
Perpl ETH−0.0112%43m2,767.3−0.026%$340K$6.3M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,768.1+0.004%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,768.2+0.008%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.145%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,768.3+0.012%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,767.2−0.029%$22.3M200xas long as short
Bullet ETH-USD+0.0018%1h2,766−0.072%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,767.5−0.017%$1.70B$11.14B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0028%1h2,766.6−0.050%$55.1M$188.0M40xas long as short
Aster ETHUSDT+0.0043%8h2,767.8−0.006%$256.3M$885.8M200xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,766.3−0.060%$12.7M200xas long as short
Aevo ETH-PERP+0.0056%1h2,765.9−0.075%$5.0M$165K20xas long as short
MEXC ETH_USDT+0.0057%8h2,766.7−0.047%$1.61B$2.65B500xas long as short
Binance ETHUSDT+0.0058%8h2,767.9−0.004%$6.47B$16.25B150xas long as short
Gate ETH_USDT+0.0062%8h2,767.5−0.018%$3.38B$9.06B200xas long as short
Bitget ETHUSDT+0.0076%8h2,767−0.036%$2.10B$2.87B150xas long as short
Aftermath Perps ETHUSD+0.0078%1h2,769.6+0.059%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,769+0.036%$60.3M$4.42B50xas long as short
Vest ETH-PERP+0.0081%1h2,767.8−0.007%$876K50xas long as short
HTX ETH-USDT+0.0086%8h2,767−0.035%$1.07B$1.25B200xas long as short
KuCoin ETHUSDTM+0.0086%8h2,768.1+0.003%$420.6M$604.6M100xas long as short
Lighter ETH+0.0096%1h2,768+0.002%$114.9M$459.0M50xas long as short
Lighter RH ETH+0.0096%1h2,769.9+0.071%$25.6M$111.8M50xas long as short
ApeX Omni ETHUSDT+0.0098%1h2,768.2+0.007%$8.7M$32.1M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.6+0.094%$15.9M$8.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,7680.000%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,7680.000%$14.6M$113.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.2+0.080%$3.16B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,768.1+0.005%$31.2M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,768.1+0.003%$2.51B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,766.9−0.039%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,768.7+0.024%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.161%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,766.7−0.048%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,767.7−0.010%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.020%$137.0M$344.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.1+0.004%$181.7M$785.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.8+0.028%$161.1M$85.1M50xas long as short
StandX ETH-USD+0.0100%1h2,767.9−0.003%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,767.6−0.014%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,767.7−0.010%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,768.7+0.026%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,765.3−0.098%$969K$13.0M100xas long as short
Phemex ETHUSDT+0.0100%8h2,767.8−0.005%$269.4M$67.3M150xas long as short
Extended ETH-USD+0.0104%1h2,766.7−0.045%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPshortL +0.0104% / S +0.0048%1h2,765.8−0.081%$36.1M500x
Kalshi KXETHPERP+0.0109%8h2,765.7−0.083%$8.1M$677.9M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,769.2+0.042%$97.8M$320.5M100xas long as short
Orderly PERP_ETH_USDC+0.0155%8h2,769.8+0.064%$32.6M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0158%1h2,768.8+0.028%$259.1M$203.4M50xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,766.5−0.053%$252K$1.5M20xas long as short
BloFin ETH-USDT+0.0180%8h2,763.6−0.160%$287.3M$178.3M150xas long as short
Reya ETHRUSDPERP+0.0213%1h2,766.8−0.042%$7.3M$1.1M25xas long as short