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 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against SoDEX−0.073%7-day average +0.032% · 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−$28as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Long on SoDEXShort on Pacifica
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)+0.124%+$12 · spread now −0.073%, 7d avg +0.032%
Together, before fees+0.152%+ Points / potential airdropPacifica: Active · farm board+$15 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: Pacifica is 0.105% cheaper against SoDEX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ETH-USD2,746.10.0100pay 0.0013% / 1h7m 46s$54.7M$187.7M40x
ShortPacifica ETH2,744.10.0100get 0.0013% / 1h7m 46s$31.7M$334.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SoDEX. 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
$0
Price spread: −0.073% → +0.032%
−$10.51
Slippage, 4 orders
−$0.99
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$27.5
Costs to cover
0.170%
Break-even
never at this rate
Slippage from SoDEX: live order book, 1 min ago; Pacifica: live order book, 1 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, 1 min ago0.18 bp4.2 bp −$44.2 bp −$425.9 bp −$58727.0 bp −$13.5K
Sell Pacifica live order book, 1 min ago0.18 bp4.2 bp −$44.4 bp −$44doesn't fitdoesn't fit

ETH on 54 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−0.0112%43m2,743.2−0.106%$310K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,742.6−0.127%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,744.5−0.059%$5.7M$11.2M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,746.2+0.003%$12.1M—200xas long as short
Phoenix ETH−0.0006%1h2,748.5+0.087%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,743.3−0.102%$10.8M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,746.4+0.012%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0040%1h2,745.4−0.025%$181K$1.1M50xas long as short
BingX ETH-USDC+0.0040%8h2,746−0.003%—$18.5M—as long as short
OKX ETH-USDT-SWAP+0.0052%8h2,746.5+0.016%$1.70B$10.84B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ETHUSDT+0.0054%1h2,744.9−0.043%$8.8M$31.5M100xas long as short
KuCoin ETHUSDTM+0.0066%8h2,746−0.004%$370.4M$608.7M100xas long as short
HTX ETH-USDT+0.0066%8h2,745.4−0.027%$1.06B$1.19B200xas long as short
Aster ETHUSDT+0.0068%8h2,746.6+0.019%$253.6M$857.2M200xas long as short
MEXC ETH_USDT+0.0080%8h2,746.4+0.012%$1.57B$2.58B500xas long as short
Aevo ETH-PERP+0.0080%1h2,744.3−0.067%$4.9M$167K20xas long as short
Binance ETHUSDT+0.0080%8h2,746.6+0.017%$6.38B$16.18B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,746.3+0.006%$58.9M$4.31B50xas long as short
Gate ETH_USDT+0.0092%8h2,746.8+0.027%$3.39B$8.94B200xas long as short
Lighter ETH+0.0096%1h2,746−0.003%$112.9M$444.7M50xas long as short
Lighter RH ETH+0.0096%1h2,747.2+0.040%$24.7M$107.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,745.5−0.022%—$34.8M500xas long as short
Bitget ETHUSDT+0.0099%8h2,746.7+0.021%$2.08B$2.79B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,747.3+0.043%$16.2M$8.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,743.8−0.084%$476K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,743.1−0.108%$13.9M$112.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,748.6+0.092%$3.13B$2.05B25xas long as short
Pacifica ETHshort+0.0100%1h2,744.1−0.073%$31.7M$334.3M50x
Bybit ETHUSDT+0.0100%8h2,746.6+0.017%$2.46B$4.27B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,742.7−0.124%$2.7M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,744.6−0.056%$2.8M$16.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,745.9−0.007%$15.0M$41.6M50xas long as short
Variational Omni ETH+0.0100%8h2,744.9−0.042%$132.7M$345.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,744.9−0.043%$181.5M$699.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,745.7−0.013%$159.7M$82.2M50xas long as short
StandX ETH-USD+0.0100%1h2,745.5−0.022%$21.2M$69.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,745.5−0.022%—$849K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,745.5−0.022%$10.7M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,745.9−0.007%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,746.2+0.003%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,748+0.071%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,743.1−0.108%$961K$12.2M100xas long as short
SoDEX ETH-USDlong+0.0100%1h2,746.1long leg$54.7M$187.7M40x
Phemex ETHUSDT+0.0100%8h2,746.1−0.001%$267.3M$65.9M150xas long as short
Bulk ETH-USD+0.0100%1h2,747.7+0.057%$164.0M$301.0M25xas long as short
Aftermath Perps ETHUSD+0.0100%1h2,746.6+0.017%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,745.8−0.010%$30.5M$73.2M50xas long as short
Kalshi KXETHPERP+0.0146%8h2,745.4−0.025%$7.8M$672.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0178%8h2,748.7+0.095%$32.3M$11.2M100xas long as short
Deribit ETH-PERPETUAL+0.0191%1h2,747+0.034%$258.8M$200.1M50xas long as short
Injective ETH/USDC PERP+0.0209%1h2,745−0.040%$118K$22.5M52xas long as short
Hibachi ETH/USDT-P+0.0216%1h2,745.3−0.027%$250K$1.5M20xas long as short
Reya ETHRUSDPERP+0.0222%1h2,744.9−0.042%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,746.5+0.013%$88.1M$316.0M100xas long as short