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Funding arb · Price arb /

ETH

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Alert: spread
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Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: edgeX against SoDEX−0.275%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Long on SoDEXShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.028%+$3 on $10k
Price spread, last 3 days (all we have)+0.292%+$29 · spread now −0.275%, 7d avg −0.013%
Together, before fees+0.319%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.262% cheaper against SoDEX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ETH-USD2,750.80.0100pay 0.0013% / 1h50m 26s$54.8M$187.6M40x
ShortedgeX ETHUSDC2,743.20.0100get 0.0050% / 4h2h 50m$183.8M$733.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.275% → −0.013%
−$26.17
Slippage, 4 orders
−$1.28
Fee SoDEX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$44.45
Costs to cover
0.183%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; edgeX: 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 SoDEX live order book, 4 min ago0.18 bp4.2 bp −$44.3 bp −$435.8 bp −$57831.1 bp −$15.6K
Sell edgeX live order book, 4 min ago0.07 bp4.9 bp −$54.9 bp −$495.1 bp −$5066.3 bp −$3,133

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
ApeX Omni ETHUSDT−0.0449%1h2,745.8−0.181%$8.7M$31.5M100xas long as short
Perpl ETH−0.0447%43m2,749−0.064%$320K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.7−0.040%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,753+0.080%$5.5M$11.3M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,751+0.007%$12.0M—200xas long as short
Phoenix ETH−0.0006%1h2,749.5−0.047%$863K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,753.5+0.098%$10.9M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,751.1+0.012%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0008%1h2,753+0.080%$181K$1.1M50xas long as short
BingX ETH-USDT+0.0028%8h2,752.7+0.069%—$1.20B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0036%8h2,752.4+0.059%$1.68B$11.10B100xas long as short
HTX ETH-USDT+0.0043%8h2,750.6−0.009%$1.07B$1.23B200xas long as short
Aster ETHUSDT+0.0049%8h2,752.8+0.071%$256.1M$854.8M200xas long as short
Aevo ETH-PERP+0.0056%1h2,749.3−0.056%$4.9M$163K20xas long as short
MEXC ETH_USDT+0.0057%8h2,752.9+0.078%$1.58B$2.53B500xas long as short
Binance ETHUSDT+0.0060%8h2,752.6+0.065%$6.36B$16.32B150xas long as short
Gate ETH_USDT+0.0065%8h2,753.1+0.082%$3.33B$8.72B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,752.8+0.073%$385.5M$607.1M100xas long as short
Bitget ETHUSDT+0.0083%8h2,751.8+0.035%$2.07B$2.86B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,752.5+0.060%$59.6M$4.40B50xas long as short
Aftermath Perps ETHUSD+0.0096%1h2,750.4−0.016%$30K$21K20xas long as short
Lighter ETH+0.0096%1h2,753.3+0.091%$113.4M$439.0M50xas long as short
Lighter RH ETH+0.0096%1h2,754.9+0.150%$25.1M$105.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,751.1+0.009%—$35.7M500xas long as short
Variational Omni ETH+0.0097%8h2,750.3−0.018%$133.4M$346.5M—as long as short
Deribit ETH-PERPETUAL+0.0099%1h2,752.1+0.048%$258.7M$202.4M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,756.4+0.203%$15.9M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,752.1+0.047%$470K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,753+0.079%$14.0M$113.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,753.9+0.113%$3.13B$2.14B25xas long as short
Pacifica ETH+0.0100%1h2,753.6+0.102%$31.3M$332.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,752.6+0.065%$2.47B$4.36B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,751.7+0.033%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,753.6+0.100%$2.8M$16.8M25xas long as short
Bulk ETH-USD+0.0100%1h2,752.6+0.067%$169.2M$297.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,750.5−0.011%$14.9M$42.5M50xas long as short
edgeX ETHUSDCshort+0.0100%4h2,743.2−0.275%$183.8M$733.9M100x
GRVT ETH_USDT_Perp+0.0100%8h2,747.1−0.135%$159.8M$82.0M50xas long as short
StandX ETH-USD+0.0100%1h2,750.2−0.022%$21.3M$66.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,752.3+0.056%—$871K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,752.1+0.047%$10.4M$8.0M50xas long as short
Bullet ETH-USD+0.0100%1h2,750.5−0.010%$183K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,751.2+0.016%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,752.8+0.074%$42.0M$29.0M15xas long as short
SunX ETH-USDT+0.0100%8h2,750.7−0.003%$965K$12.7M100xas long as short
SoDEX ETH-USDlong+0.0100%1h2,750.8long leg$54.8M$187.6M40x
Phemex ETHUSDT+0.0100%8h2,751.4+0.021%$267.5M$66.2M150xas long as short
Extended ETH-USD+0.0104%1h2,752+0.043%$30.6M$74.3M50xas long as short
Kalshi KXETHPERP+0.0132%8h2,750.6−0.007%$7.7M$671.3M4.9xas long as short
Orderly PERP_ETH_USDC+0.0160%8h2,753.9+0.112%$32.4M$11.2M100xas long as short
Hibachi ETH/USDT-P+0.0168%1h2,750−0.028%$250K$1.5M20xas long as short
BloFin ETH-USDT+0.0178%8h2,751.2+0.015%$286.2M$179.0M150xas long as short
Injective ETH/USDC PERP+0.0209%1h2,749.9−0.033%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0217%1h2,751.5+0.025%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,752.3+0.055%$93.2M$316.3M100xas long as short