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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+0.0004%/8h= +0.5% APRpaid last 24h 0.000%
Price spread now: edgeX against Variational Omni−0.029%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.011%+$1 on $10k
Price spread, last 7 days+0.031%+$3 · spread now −0.029%, 7d avg −0.036%
Together, before fees+0.042%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETH2,776.80.0096pay 0.0096% / 8h2h 17m$141.1M$320.7M—
ShortedgeX ETHUSDC2,775.90.0100get 0.0050% / 4h2h 17m$179.9M$794.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$0.88
Price spread: −0.029% → −0.036%
$0.66
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$7.46
Costs to cover
0.090%
Break-even
66.3 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; edgeX: live order book, 2 min ago. 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 Variational Omni RFQ quote, 2 min ago0.47 bpdoesn't fit0.5 bp −$50.9 bp −$90doesn't fit
Sell edgeX live order book, 2 min ago0.07 bp5.0 bp −$55.1 bp −$515.2 bp −$5236.6 bp −$3,314

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−0.0112%43m2,777.7+0.034%$290K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6−0.006%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.7+0.070%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,778.3+0.055%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2+0.052%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,778.3+0.054%$5.8M$11.7M25xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,776.1−0.024%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.9+0.041%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.7+0.106%$22.5M—200xas long as short
Phemex ETHUSDT+0.0013%8h2,779.2+0.088%$267.6M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,778.5+0.062%$1.71B$11.92B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,779.6+0.104%$13.2M—200xas long as short
Aster ETHUSDT+0.0038%8h2,778.9+0.075%$257.0M$995.3M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,777.7+0.033%$8.8M$32.6M100xas long as short
Aevo ETH-PERP+0.0048%1h2,777.7+0.035%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0049%8h2,779.4+0.095%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0050%8h2,779.5+0.100%$6.45B$17.22B150xas long as short
Gate ETH_USDT+0.0074%8h2,779+0.081%$3.29B$9.67B200xas long as short
Bitget ETHUSDT+0.0075%8h2,779.1+0.085%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,779+0.081%$184K$1.8M20xas long as short
Variational Omni ETHlong+0.0096%8h2,776.8long leg$141.1M$320.7M—
Lighter ETH+0.0096%1h2,779.5+0.099%$115.3M$514.6M50xas long as short
Lighter RH ETH+0.0096%1h2,781.1+0.157%$25.4M$122.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.7+0.106%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,778.1+0.050%$16.0M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.1+0.048%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.80.000%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,780.9+0.149%$3.21B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,778.5+0.063%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,778.7+0.070%$2.52B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777+0.009%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,780.1+0.119%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1+0.048%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,779.1+0.085%$423.3M$741.7M100xas long as short
BingX ETH-USDT+0.0100%8h2,778.9+0.077%—$1.18B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.4−0.013%$15.4M$42.8M50xas long as short
edgeX ETHUSDCshort+0.0100%4h2,775.9−0.029%$179.9M$794.9M100x
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.040%$161.4M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,776.8+0.001%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,778.5+0.062%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.6+0.102%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,779.5+0.097%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.4+0.168%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,778.3+0.057%$974K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,779.1+0.084%$55.3M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,778.6+0.068%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,778.7+0.069%$31.4M$75.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,780.6+0.139%$60.1M$4.64B50xas long as short
Deribit ETH-PERPETUAL+0.0106%1h2,780.8+0.146%$258.5M$225.1M50xas long as short
Kalshi KXETHPERP+0.0121%8h2,778.6+0.066%$8.6M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0134%8h2,782+0.189%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0170%8h2,778.9+0.077%$284.7M$196.1M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,778.1+0.048%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,780.5+0.134%$86.9M$330.9M100xas long as short
Hibachi ETH/USDT-P+0.0448%1h2,778.4+0.058%$283K$1.5M20xas long as short