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−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h +0.011%
Price spread now: Deribit against Aevo+0.124%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Long on AevoShort on Deribit
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.124%, 7d avg +0.104%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,725.60.0088pay 0.0011% / 1h30m 48s$4.9M$167K20x
ShortDeribit ETH-PERPETUAL2,7290get 0.0000% / 1h30m 48s$262.6M$214.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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
−$18.48
Price spread: +0.124% → +0.104%
$2
Slippage, 4 orders
−$27.99
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$67.47
Costs to cover
0.510%
Break-even
never at this rate
Slippage from Aevo: live order book, 3 min ago; Deribit: 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 Aevo live order book, 3 min ago4.18 bp20.8 bp −$2129.1 bp −$29147.1 bp −$4,708doesn't fit
Sell Deribit live order book, 3 min ago0.18 bp3.7 bp −$44.7 bp −$4710.2 bp −$1,01920.0 bp −$9,988

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−0.0112%43m2,727+0.049%$288K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,727.9+0.084%$5K$1K50xas long as short
ApeX Omni ETHUSDT−0.0064%1h2,727.5+0.068%$8.6M$31.5M100xas long as short
Injective ETH/USDC PERP−0.0040%1h2,727.6+0.073%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,728.6+0.108%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,725.7+0.003%$811K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,728.9+0.122%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,728.1+0.091%$6.6M$687.9M4.9xas long as short
Deribit ETH-PERPETUALshort0.0000%1h2,729+0.124%$262.6M$214.9M50x
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,728.5+0.107%$32.9M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETH-USDT+0.0011%8h2,728+0.088%$1.05B$1.23B200xas long as short
01 Exchange ETHUSD+0.0016%1h2,728.2+0.095%$191K$893K50xas long as short
BingX ETH-USDC+0.0027%8h2,727.4+0.067%—$18.6M—as long as short
Bybit ETHUSDT+0.0031%8h2,727.8+0.080%$2.34B$4.42B150xas long as short
KuCoin ETHUSDTM+0.0071%8h2,727.9+0.085%$375.7M$577.0M100xas long as short
SoDEX ETH-USD+0.0079%1h2,728.1+0.091%$54.3M$187.3M40xas long as short
Aster ETHUSDT+0.0081%8h2,727.9+0.083%$252.1M$848.3M200xas long as short
SunX ETH-USDT+0.0086%8h2,727.8+0.081%$957K$11.0M100xas long as short
OKX ETH-USDT-SWAP+0.0087%8h2,727.9+0.085%$1.65B$10.91B100xas long as short
Aevo ETH-PERPlong+0.0088%1h2,725.6long leg$4.9M$167K20x
MEXC ETH_USDT+0.0089%8h2,728.3+0.099%$1.53B$2.59B500xas long as short
Aftermath Perps ETHUSD+0.0090%1h2,727.3+0.064%$30K$20K20xas long as short
Binance ETHUSDT+0.0090%8h2,727.8+0.079%$6.32B$16.14B150xas long as short
Lighter ETH+0.0096%1h2,728.2+0.096%$112.0M$434.3M50xas long as short
Lighter RH ETH+0.0096%1h2,729.7+0.148%$23.4M$103.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,728.2+0.095%$510K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,731.3+0.210%$15.3M$7.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,727.9+0.085%$14.1M$105.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,730.3+0.172%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,728.7+0.114%$31.9M$333.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,727+0.051%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,728.8+0.117%$1.5M$16.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,728.5+0.105%$3.30B$8.98B200xas long as short
Bitget ETHUSDT+0.0100%8h2,728.1+0.092%$2.08B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,728.2+0.094%$15.1M$41.8M50xas long as short
Variational Omni ETH+0.0100%8h2,727.4+0.065%$133.8M$323.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,726+0.015%$184.9M$681.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,727.5+0.067%$158.5M$86.9M50xas long as short
StandX ETH-USD+0.0100%1h2,727.2+0.058%$21.0M$69.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,729.2+0.131%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,729.4+0.139%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,728.2+0.094%$179K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,728.2+0.095%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.3+0.062%$40.9M$30.3M15xas long as short
Phemex ETHUSDT+0.0100%8h2,728.2+0.094%$263.0M$64.7M150xas long as short
Bulk ETH-USD+0.0100%1h2,726.2+0.022%$161.6M$349.5M25xas long as short
Extended ETH-USD+0.0104%1h2,727.5+0.069%$30.4M$73.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,727.3+0.061%—$30.5M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,729.7+0.151%$49.8M$4.31B50xas long as short
RISEx ETH/USDC+0.0115%1h2,728.7+0.114%$5.6M$11.7M25xas long as short
Orderly PERP_ETH_USDC+0.0186%8h2,730.7+0.188%$32.2M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0191%1h2,727.3+0.062%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,728.9+0.119%$82.4M$312.6M100xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,727.2+0.059%$245K$1.4M20xas long as short
BloFin ETH-USDT+0.0358%8h2,728.3+0.097%$281.9M$175.4M150xas long as short