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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.042%
Price spread now: BloFin against 01 Exchange−0.042%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.253% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.153%+$15 on $10k
Price spread, last 3 days (all we have)−0.055%−$5 · spread now −0.042%, 7d avg −0.024%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,780.8−0.0032get 0.0004% / 1h39m 48s$170K$1.2M50x
ShortBloFin ETH-USDT2,779.60.0178get 0.0178% / 8h1h 39m$285.4M$194.7M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$44.19
Price spread: −0.042% → −0.024%
−$1.81
Slippage, 4 orders
−$6.33
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$17.05
Costs to cover
0.253%
Break-even
4.3 days
Slippage from 01 Exchange: live order book, 4 min ago; BloFin: 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 01 Exchange live order book, 4 min ago0.18 bp5.9 bp −$612.4 bp −$124doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.04 bp6.0 bp −$66.1 bp −$616.3 bp −$6277.8 bp −$3,907

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%43m2,780.3−0.017%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,780.5−0.010%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,780.7−0.004%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.7−0.183%$119K$22.5M52xas long as short
01 Exchange ETHUSDlong−0.0032%1h2,780.8long leg$170K$1.2M50x
Aftermath Perps ETHUSD−0.0027%1h2,778−0.100%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,780.4−0.016%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,774.2−0.237%$885K$3.7M25xas long as short
Phemex ETHUSDT+0.0004%8h2,780.4−0.016%$270.4M$68.5M150xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,781.8+0.037%$22.5M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0015%8h2,779.6−0.042%$17.4Mas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,778.6−0.079%$1.71B$11.84B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,781.7+0.031%$13.2M200xas long as short
Aster ETHUSDT+0.0038%8h2,780.1−0.024%$257.0M$989.8M200xas long as short
Bullet ETH-USD+0.0040%1h2,781+0.008%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0050%1h2,780.7−0.004%$14.3M$117.8M50xas long as short
Aevo ETH-PERP+0.0056%1h2,774.9−0.211%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0058%8h2,779.5−0.047%$1.62B$2.65B500xas long as short
Binance ETHUSDT+0.0062%8h2,779.7−0.038%$6.45B$17.10B150xas long as short
Bitget ETHUSDT+0.0072%8h2,778.7−0.074%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0077%8h2,779.2−0.057%$3.30B$9.57B200xas long as short
Lighter ETH+0.0096%1h2,781.6+0.030%$115.3M$497.6M50xas long as short
Lighter RH ETH+0.0096%1h2,782.6+0.065%$25.5M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,780.6−0.007%$41.5M500xas long as short
Bybit ETHUSDT+0.0096%8h2,778.8−0.071%$2.52B$4.59B150xas long as short
HTX ETH-USDT+0.0096%8h2,781.1+0.010%$1.08B$1.31B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,781.2+0.015%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,780.80.000%$483K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,781.3+0.018%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,780.7−0.004%$31.3M$295.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,780−0.029%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,782.1+0.048%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.019%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,779.1−0.060%$426.4M$737.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,781.5+0.023%$15.3M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.7+0.033%$135.5M$322.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.9−0.141%$180.0M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5−0.154%$161.5M$93.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,776.6−0.152%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,780.3−0.018%$21.5M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,781.2+0.014%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,782.2+0.050%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,781.3+0.019%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,783.1+0.082%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,779.6−0.045%$975K$14.0M100xas long as short
SoDEX ETH-USD+0.0100%1h2,780.80.000%$55.4M$228.8M40xas long as short
Extended ETH-USD+0.0104%1h2,778.7−0.076%$31.6M$74.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,782.1+0.047%$60.3M$4.60B50xas long as short
Hibachi ETH/USDT-P+0.0112%1h2,782+0.044%$279K$1.5M20xas long as short
Kalshi KXETHPERP+0.0114%8h2,781.5+0.025%$8.6M$672.9M4.9xas long as short
Deribit ETH-PERPETUAL+0.0120%1h2,782.4+0.056%$258.4M$221.6M50xas long as short
Orderly PERP_ETH_USDC+0.0139%8h2,783.5+0.098%$32.7M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,781.8+0.037%$86.3M$330.4M100xas long as short
BloFin ETH-USDTshort+0.0178%8h2,779.6−0.042%$285.4M$194.7M150x
Reya ETHRUSDPERP+0.0189%1h2,780.7−0.004%$7.4M$1.1M25xas long as short