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 07:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against 01 Exchange+0.026%7-day average −0.035% · 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−$16as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Long on 01 ExchangeShort on SoDEX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.035%+$3 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.026%, 7d avg −0.035%
Together, before fees−0.045%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.061% dearer against 01 Exchange than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,725.80.0024pay 0.0003% / 1h39m 05s$191K$892K50x
ShortSoDEX ETH-USD2,726.50.0069get 0.0009% / 1h39m 05s$54.3M$187.4M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$9.45
Price spread: +0.026% → −0.035%
$6.1
Slippage, 4 orders
−$6.82
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$6.28
Costs to cover
0.218%
Break-even
11.7 days
Slippage from 01 Exchange: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago0.18 bp5.4 bp −$511.8 bp −$118doesn't fitdoesn't fit
Sell SoDEX live order book, 5 min ago0.18 bp4.2 bp −$44.2 bp −$425.8 bp −$58136.3 bp −$18.1K

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
ApeX Omni ETHUSDT−0.0113%1h2,727.4+0.058%$8.6M$31.4M100xas long as short
Perpl ETH−0.0112%43m2,724.9−0.032%$290K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,725.6−0.007%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,727.6+0.066%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,727+0.043%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,729+0.117%$817K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,725.9+0.003%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.2+0.015%$6.7M$690.5M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,727.2+0.051%$262.7M$215.3M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,726.3+0.019%$32.9M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETH-USDT+0.0008%8h2,726+0.007%$1.05B$1.23B200xas long as short
01 Exchange ETHUSDlong+0.0024%1h2,725.8long leg$191K$892K50x
BingX ETH-USDC+0.0030%8h2,725.2−0.023%—$18.6M—as long as short
Bybit ETHUSDT+0.0034%8h2,725.8−0.001%$2.34B$4.43B150xas long as short
SoDEX ETH-USDshort+0.0069%1h2,726.5+0.026%$54.3M$187.4M40x
KuCoin ETHUSDTM+0.0074%8h2,726.8+0.035%$376.6M$577.7M100xas long as short
Aftermath Perps ETHUSD+0.0083%1h2,727.6+0.066%$30K$20K20xas long as short
Aster ETHUSDT+0.0084%8h2,726.4+0.021%$251.9M$850.5M200xas long as short
SunX ETH-USDT+0.0084%8h2,725.4−0.014%$956K$11.1M100xas long as short
OKX ETH-USDT-SWAP+0.0089%8h2,725.6−0.008%$1.65B$10.94B100xas long as short
Binance ETHUSDT+0.0093%8h2,726.5+0.025%$6.33B$16.19B150xas long as short
MEXC ETH_USDT+0.0093%8h2,725.9+0.004%$1.52B$2.58B500xas long as short
Lighter ETH+0.0096%1h2,727.3+0.053%$112.0M$434.0M50xas long as short
Lighter RH ETH+0.0096%1h2,728.4+0.097%$23.4M$103.0M50xas long as short
Aevo ETH-PERP+0.0096%1h2,723.3−0.090%$4.9M$165K20xas long as short
Katana Perps ETH-USD+0.0100%8h2,725.2−0.022%$508K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,729.1+0.119%$15.3M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,725.5−0.011%$14.1M$105.4M50xas long as short
Hyperliquid ETH+0.0100%1h2,728.1+0.084%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,726.2+0.013%$31.9M$333.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,724.6−0.044%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,725.6−0.008%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,727.3+0.054%$162.4M$353.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,726+0.006%$3.29B$8.97B200xas long as short
Bitget ETHUSDT+0.0100%8h2,725.8−0.001%$2.08B$2.80B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,726+0.008%$15.0M$41.6M50xas long as short
Variational Omni ETH+0.0100%8h2,726.2+0.013%$133.5M$324.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,727.4+0.060%$184.9M$681.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,726.6+0.030%$158.4M$87.4M50xas long as short
StandX ETH-USD+0.0100%1h2,727+0.044%$21.0M$69.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,727.1+0.046%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,727.2+0.051%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,725.8−0.002%$180K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,726.4+0.022%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.9+0.076%$40.9M$30.2M15xas long as short
Phemex ETHUSDT+0.0100%8h2,726.8+0.037%$262.9M$65.0M150xas long as short
Extended ETH-USD+0.0104%1h2,725.3−0.017%$30.4M$74.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,725.6−0.009%—$30.5M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,728.1+0.084%$50.2M$4.32B50xas long as short
RISEx ETH/USDC+0.0115%1h2,725.9+0.005%$5.6M$11.7M25xas long as short
Orderly PERP_ETH_USDC+0.0186%8h2,728.6+0.101%$32.1M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0192%1h2,725.1−0.025%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,727.5+0.062%$83.3M$311.9M100xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,726.3+0.018%$244K$1.4M20xas long as short
BloFin ETH-USDT+0.0371%8h2,726.1+0.012%$282.1M$175.4M150xas long as short