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 23:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.006%
Price spread now: Bitget against 01 Exchange−0.041%47s7-day average −0.026% · 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—prices read too far apart to compare
costs, in and out, $10k−$290.290% of the position
Long on 01 ExchangeShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.041%, 7d avg −0.026%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,777.4−0.0040get 0.0005% / 1h2m 46s$169K$1.2M50x
ShortBitget ETHUSDT2,776.30.0066get 0.0066% / 8h1h 02m$2.10B$3.10B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against 01 Exchange. 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
$22.26
Price spread: −0.041% → −0.026%
−$1.5
Slippage, 4 orders
−$9.98
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$8.22
Costs to cover
0.290%
Break-even
9.6 days
Slippage from 01 Exchange: live order book, 1 min ago; Bitget: 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 01 Exchange live order book, 1 min ago0.18 bp8.9 bp −$912.2 bp −$122doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago0.02 bp6.0 bp −$66.0 bp −$607.1 bp −$7129.2 bp −$4,582

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−0.0447%43m2,777.3−0.002%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,777.6+0.006%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777.3−0.004%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.7−0.205%$119K$22.5M52xas long as short
01 Exchange ETHUSDlong−0.0040%1h2,777.4long leg$169K$1.2M50x
dYdX ETH-USD0.0000%1h2,778.6+0.042%$12.7M$45.7M50xas long as short
Phoenix ETH0.0000%1h2,775.6−0.065%$885K$3.7M25xas long as short
Aftermath Perps ETHUSD+0.0003%1h2,775.3−0.075%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.4−0.001%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0017%8h2,776.4−0.035%$1.70B$11.87B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0022%8h2,776.9−0.019%$270.5M$68.8M150xas long as short
Bullet ETH-USD+0.0023%1h2,776.4−0.036%$183K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.2−0.006%$12.9M—200xas long as short
Aster ETHUSDT+0.0032%8h2,776.4−0.036%$255.9M$995.2M200xas long as short
ApeX Omni ETHUSDT+0.0047%1h2,770.8−0.238%$8.7M$32.6M100xas long as short
Nado ETH-PERP+0.0055%1h2,776.9−0.016%$14.3M$118.2M50xas long as short
Aevo ETH-PERP+0.0056%1h2,774.5−0.106%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0059%8h2,776.4−0.035%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0060%8h2,776.3−0.041%$6.44B$17.23B150xas long as short
SoDEX ETH-USD+0.0062%1h2,776.5−0.032%$55.3M$229.0M40xas long as short
Bitget ETHUSDTshort+0.0066%8h2,776.3−0.041%$2.10B$3.10B150x
Gate ETH_USDT+0.0073%8h2,776.3−0.039%$3.30B$9.69B200xas long as short
HTX ETH-USDT+0.0088%8h2,776.6−0.030%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0092%8h2,776.5−0.032%$2.52B$4.62B150xas long as short
BingX ETH-USDC+0.0092%8h2,776.1−0.048%—$17.4M—as long as short
Deribit ETH-PERPETUAL+0.0092%1h2,778.3+0.033%$258.7M$222.7M50xas long as short
KuCoin ETHUSDTM+0.0095%8h2,776.3−0.040%$422.2M$739.3M100xas long as short
Lighter ETH+0.0096%1h2,776.7−0.024%$115.2M$503.5M50xas long as short
Lighter RH ETH+0.0096%1h2,778.3+0.032%$25.5M$122.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,777.8+0.013%—$41.6M500xas long as short
Vest ETH-PERP+0.0098%1h2,777.2−0.006%—$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,778+0.021%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,777.40.000%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.1+0.061%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,778.1+0.026%$31.2M$303.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777.2−0.007%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,779.2+0.065%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.237%$166.1M$253.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.4−0.035%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,773.7−0.133%$147.3M$337.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,774.2−0.115%$181.6M$781.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.061%$161.4M$90.8M50xas long as short
StandX ETH-USD+0.0100%1h2,776.9−0.018%$21.4M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.8+0.014%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.3−0.004%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.9+0.054%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.6−0.029%$973K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,775.9−0.053%$32.6M$77.5M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,778+0.020%$59.9M$4.61B50xas long as short
Kalshi KXETHPERP+0.0127%8h2,778+0.022%$8.4M$681.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.4+0.072%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,777.8+0.016%$86.4M$332.5M100xas long as short
BloFin ETH-USDT+0.0180%8h2,776.5−0.031%$284.8M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0195%1h2,776.5−0.032%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0280%1h2,778.1+0.025%$270K$1.5M20xas long as short