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 23:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against 01 Exchange+0.036%7-day average −0.001% · 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−$18as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Long on 01 ExchangeShort on Pacifica
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.036%, 7d avg −0.001%
Together, before fees+0.034%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.037% dearer against 01 Exchange than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,781.2−0.0032get 0.0004% / 1h40m 56s$170K$1.2M50x
ShortPacifica ETH2,782.20.0100get 0.0013% / 1h40m 56s$31.3M$295.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$27.72
Price spread: +0.036% → −0.001%
$3.74
Slippage, 4 orders
−$6.61
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$9.85
Costs to cover
0.216%
Break-even
4.5 days
Slippage from 01 Exchange: live order book, 3 min ago; Pacifica: 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 01 Exchange live order book, 3 min ago0.18 bp5.9 bp −$612.4 bp −$124doesn't fitdoesn't fit
Sell Pacifica live order book, 3 min ago0.18 bp4.2 bp −$44.3 bp −$43doesn't fitdoesn't fit

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%43m2,781.3+0.002%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,781.1−0.003%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,782+0.029%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.7−0.198%$119K$22.5M52xas long as short
01 Exchange ETHUSDlong−0.0032%1h2,781.2long leg$170K$1.2M50x
Aftermath Perps ETHUSD−0.0027%1h2,777.2−0.145%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,782.1+0.032%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,774.2−0.252%$885K$3.7M25xas long as short
Phemex ETHUSDT+0.0005%8h2,779.5−0.061%$270.4M$68.5M150xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,780.3−0.033%$22.5M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0016%8h2,780−0.042%—$17.4M—as long as short
OKX ETH-USDT-SWAP+0.0019%8h2,779.6−0.057%$1.71B$11.85B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,780.4−0.027%$13.2M—200xas long as short
Aster ETHUSDT+0.0037%8h2,780.3−0.034%$257.0M$989.9M200xas long as short
Bullet ETH-USD+0.0040%1h2,780−0.044%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0044%1h2,780.1−0.039%$14.3M$117.7M50xas long as short
MEXC ETH_USDT+0.0056%8h2,780.1−0.040%$1.62B$2.65B500xas long as short
Aevo ETH-PERP+0.0056%1h2,775.3−0.212%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0058%8h2,780.3−0.033%$6.45B$17.11B150xas long as short
Bitget ETHUSDT+0.0073%8h2,779.6−0.059%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0077%8h2,780.2−0.037%$3.30B$9.57B200xas long as short
HTX ETH-USDT+0.0096%8h2,779.6−0.059%$1.08B$1.31B200xas long as short
Lighter ETH+0.0096%1h2,780−0.042%$115.2M$497.5M50xas long as short
Lighter RH ETH+0.0096%1h2,781.5+0.012%$25.5M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,782.3+0.038%—$41.5M500xas long as short
Bybit ETHUSDT+0.0096%8h2,779.8−0.050%$2.52B$4.59B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,782.9+0.062%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,781.5+0.011%$483K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,782.2+0.036%$3.19B$2.39B25xas long as short
Pacifica ETHshort+0.0100%1h2,782.2+0.036%$31.3M$295.5M50x
Ondo Perps ETH-USD.P+0.0100%1h2,781−0.007%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,783.4+0.078%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.004%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,780−0.042%$426.7M$737.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,780.3−0.032%$15.3M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,773.8−0.265%$135.8M$327.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,776.9−0.155%$180.0M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5−0.168%$161.5M$93.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,776.6−0.167%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,780.3−0.032%$21.5M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,781−0.006%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,781.6+0.014%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,780−0.042%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.2+0.001%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,780.7−0.020%$975K$14.0M100xas long as short
SoDEX ETH-USD+0.0100%1h2,779.4−0.065%$55.3M$228.8M40xas long as short
Extended ETH-USD+0.0104%1h2,779.3−0.067%$31.6M$74.6M50xas long as short
Hibachi ETH/USDT-P+0.0104%1h2,778.9−0.083%$281K$1.5M20xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,780.8−0.013%$60.3M$4.60B50xas long as short
Deribit ETH-PERPETUAL+0.0106%1h2,781.1−0.005%$258.4M$221.6M50xas long as short
Kalshi KXETHPERP+0.0113%8h2,781.8+0.022%$8.6M$672.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0139%8h2,781.5+0.011%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,780.7−0.020%$86.3M$330.4M100xas long as short
BloFin ETH-USDT+0.0178%8h2,779.6−0.056%$285.4M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0189%1h2,779.8−0.050%$7.4M$1.1M25xas long as short