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 05:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Kraken Futures against 01 Exchange+0.006%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Long on 01 ExchangeShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.061%+$6 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.006%, 7d avg −0.013%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,728.30.0048pay 0.0006% / 1h12m 14s$187K$814K50x
ShortKraken Futures PF_ETHUSD2,728.50.0153get 0.0019% / 1h12m 14s$83.5M$315.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$22.1
Price spread: +0.006% → −0.013%
$1.87
Slippage, 4 orders
−$6.86
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$0.11
Costs to cover
0.239%
Break-even
7.0 days
Slippage from 01 Exchange: live order book, 42 min ago; Kraken Futures: live order book, 2 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, 42 min ago0.18 bp5.7 bp −$610.4 bp −$104doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago0.18 bp6.4 bp −$67.1 bp −$718.9 bp −$89312.0 bp −$6,024

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−0.0335%43m2,728.4+0.003%$297K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,728.6+0.011%$5K$1K50xas long as short
HTX ETH-USDT−0.0017%8h2,727.1−0.043%$1.05B$1.20B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,727.8−0.019%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,729+0.026%$816K$2.9M25xas long as short
Kalshi KXETHPERP0.0000%8h2,728.6+0.011%$6.2M$686.2M4.9xas long as short
dYdX ETH-USD+0.0006%1h2,729.5+0.045%$10.7M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,728−0.012%$28.0M—200xas long as short
BingX ETH-USDC+0.0027%8h2,727.3−0.038%—$18.4M—as long as short
Bullet ETH-USD+0.0032%1h2,727.1−0.044%$177K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0036%8h2,727.9−0.016%$2.36B$4.38B150xas long as short
01 Exchange ETHUSDlong+0.0048%1h2,728.3long leg$187K$814K50x
SunX ETH-USDT+0.0061%8h2,727.6−0.026%$957K$11.2M100xas long as short
KuCoin ETHUSDTM+0.0066%8h2,727.8−0.017%$377.8M$575.1M100xas long as short
Deribit ETH-PERPETUAL+0.0073%1h2,728.9+0.021%$258.6M$202.5M50xas long as short
OKX ETH-USDT-SWAP+0.0078%8h2,728.3−0.002%$1.67B$10.74B100xas long as short
Aster ETHUSDT+0.0080%8h2,727.7−0.021%$250.7M$840.3M200xas long as short
Aevo ETH-PERP+0.0080%1h2,725.3−0.110%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0086%8h2,727.8−0.019%$1.56B$2.58B500xas long as short
Binance ETHUSDT+0.0087%8h2,727.8−0.019%$6.32B$15.94B150xas long as short
Phemex ETHUSDT+0.0087%8h2,727.7−0.024%$264.3M$64.8M150xas long as short
SoDEX ETH-USD+0.0088%1h2,727.7−0.022%$54.3M$187.8M40xas long as short
ApeX Omni ETHUSDT+0.0089%1h2,731+0.099%$8.6M$31.2M100xas long as short
Lighter ETH+0.0096%1h2,728.1−0.008%$112.3M$435.3M50xas long as short
Lighter RH ETH+0.0096%1h2,729.4+0.042%$23.4M$104.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,728.4+0.005%—$31.0M500xas long as short
Injective ETH/USDC PERP+0.0096%1h2,730.8+0.092%$117K$22.5M52xas long as short
Katana Perps ETH-USD+0.0100%8h2,727.9−0.015%$498K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,729.6+0.047%$15.5M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,727.9−0.015%$13.9M$104.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,729.9+0.059%$3.09B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,729.3+0.037%$31.9M$334.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,729+0.026%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,728.8+0.019%$1.5M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,728.2−0.003%$167.8M$301.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,727.8−0.019%$3.33B$8.95B200xas long as short
Bitget ETHUSDT+0.0100%8h2,727.7−0.023%$2.07B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,728.2−0.005%$14.9M$41.6M50xas long as short
Variational Omni ETH+0.0100%8h2,728.8+0.019%$134.7M$323.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,729.5+0.043%$183.6M$673.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,730+0.064%$158.8M$86.9M50xas long as short
StandX ETH-USD+0.0100%1h2,730+0.062%$21.0M$70.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,728.8+0.019%—$845K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,729+0.026%$11.2M$9.4M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,728.2−0.004%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,729.5+0.045%$40.9M$29.9M15xas long as short
Aftermath Perps ETHUSD+0.0100%1h2,730+0.063%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,726.9−0.052%$30.5M$73.5M50xas long as short
RISEx ETH/USDC+0.0107%1h2,728.5+0.007%$5.6M$11.7M25xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h2,728.9+0.020%$50.5M$4.28B50xas long as short
Kraken Futures PF_ETHUSDshort+0.0153%1h2,728.5+0.006%$83.5M$315.9M100x
Orderly PERP_ETH_USDC+0.0191%8h2,730+0.062%$32.1M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0208%1h2,726.9−0.051%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,729.8+0.056%$247K$1.4M20xas long as short
BloFin ETH-USDT+0.0347%8h2,728.2−0.003%$282.3M$174.6M150xas long as short