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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h +0.004%
Price spread now: Deribit against SunX+0.076%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Long on SunXShort on Deribit
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.076%, 7d avg +0.061%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,768.10.0100pay 0.0100% / 8h10m 54s$971K$13.9M100x
ShortDeribit ETH-PERPETUAL2,770.20.0053get 0.0007% / 1h10m 54s$259.0M$222.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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
−$9.87
Price spread: +0.076% → +0.061%
$1.48
Slippage, 4 orders
−$5.61
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$29
Costs to cover
0.206%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Deribit: live order book, 3 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 SunX live order book, 8 min ago1.66 bp5.7 bp −$65.7 bp −$577.8 bp −$78511.1 bp −$5,569
Sell Deribit live order book, 3 min ago0.36 bp4.2 bp −$45.2 bp −$5211.6 bp −$1,16122.6 bp −$11.3K

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−0.0223%43m2,770+0.069%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,769.1+0.036%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.216%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.5+0.052%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0023%1h2,770.5+0.087%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,769.3+0.044%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,770.8+0.099%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.8+0.135%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.5+0.053%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,769.6+0.056%$1.70B$11.88B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,769.6+0.054%$12.8M—200xas long as short
Phemex ETHUSDT+0.0029%8h2,768.5+0.016%$269.9M$68.9M150xas long as short
Aftermath Perps ETHUSD+0.0030%1h2,771.6+0.128%$29K$22K20xas long as short
SoDEX ETH-USD+0.0031%1h2,768.4+0.012%$55.1M$228.9M40xas long as short
Aster ETHUSDT+0.0032%8h2,770.5+0.089%$255.7M$1.00B200xas long as short
Bullet ETH-USD+0.0038%1h2,768.9+0.030%$181K$1.7M20xas long as short
Deribit ETH-PERPETUALshort+0.0053%1h2,770.2+0.076%$259.0M$222.1M50x
Aevo ETH-PERP+0.0056%1h2,766.9−0.043%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0056%8h2,769.7+0.059%$6.45B$17.29B150xas long as short
MEXC ETH_USDT+0.0057%8h2,770.1+0.074%$1.62B$2.66B500xas long as short
Bitget ETHUSDT+0.0065%8h2,770+0.070%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0067%8h2,770.6+0.090%$3.29B$9.69B200xas long as short
KuCoin ETHUSDTM+0.0080%8h2,770+0.070%$420.8M$738.5M100xas long as short
Bybit ETHUSDT+0.0088%8h2,769.9+0.065%$2.50B$4.62B150xas long as short
BingX ETH-USDT+0.0088%8h2,769.9+0.066%—$1.24B—as long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,769.9+0.064%$60.1M$4.59B50xas long as short
HTX ETH-USDT+0.0094%8h2,768.6+0.020%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,768.9+0.031%$115.0M$500.6M50xas long as short
Lighter RH ETH+0.0096%1h2,770.6+0.091%$25.3M$122.0M50xas long as short
Vest ETH-PERP+0.0096%1h2,769.7+0.057%—$1.1M50xas long as short
Nado ETH-PERP+0.0099%1h2,768.9+0.029%$14.3M$118.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,768.5+0.016%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,768.6+0.019%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.4+0.156%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,769.5+0.052%$31.2M$315.2M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,768.8+0.026%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,769.9+0.067%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,773+0.177%$170.1M$265.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,768.7+0.024%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.4+0.013%$147.1M$335.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,770+0.069%$181.8M$783.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.4+0.084%$161.1M$89.8M50xas long as short
StandX ETH-USD+0.0100%1h2,771.4+0.120%$21.4M$58.5M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.1+0.037%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.9+0.065%$21K$24K25xas long as short
SunX ETH-USDTlong+0.0100%8h2,768.1long leg$971K$13.9M100x
Derive ETH-PERP+0.0100%1h2,771.2+0.114%$42.7M$29.4M15xas long as short
Extended ETH-USD+0.0104%1h2,769.6+0.056%$32.5M$78.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.1+0.110%—$43.7M500xas long as short
Kalshi KXETHPERP+0.0107%8h2,770.1+0.073%$8.2M$687.5M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,770+0.070%$90.3M$338.3M100xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,771.3+0.117%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0176%8h2,768.4+0.013%$286.2M$194.2M150xas long as short
Reya ETHRUSDPERP+0.0204%1h2,768.7+0.022%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,771.6+0.128%$252K$1.6M20xas long as short