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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 06:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.022%
Price spread now: Kraken Futures against Aevo+0.076%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.545% of the position
Long on AevoShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.076%, 7d avg +0.071%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, 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-PERP2,717.50.0088pay 0.0011% / 1h28m 35s$4.9M$155K20x
ShortKraken Futures PF_ETHUSD2,719.60.0177get 0.0022% / 1h28m 35s$82.7M$315.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$18.59
Price spread: +0.076% → +0.071%
$0.48
Slippage, 4 orders
−$28.49
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$35.42
Costs to cover
0.545%
Break-even
20.3 days
Slippage from Aevo: live order book, 1 min ago; Kraken Futures: live order book, 6 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, 1 min ago4.07 bp21.1 bp −$2129.8 bp −$29845.1 bp −$4,514doesn't fit
Sell Kraken Futures live order book, 6 min ago0.18 bp6.6 bp −$77.6 bp −$768.9 bp −$89111.9 bp −$5,937

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%43m2,720.2+0.098%$282K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,719.9+0.088%$5K$1K50xas long as short
HTX ETH-USDT−0.0011%8h2,718.5+0.035%$1.05B$1.21B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,720.3+0.104%$11.9M—200xas long as short
Phoenix ETH−0.0009%1h2,719.7+0.081%$814K$3.0M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,720.6+0.113%$30.9M—200xas long as short
Injective ETH/USDC PERP+0.0009%1h2,719.1+0.059%$117K$22.5M52xas long as short
dYdX ETH-USD+0.0009%1h2,717.3−0.008%$10.7M$42.0M50xas long as short
01 Exchange ETHUSD+0.0032%1h2,721.5+0.147%$190K$791K50xas long as short
BingX ETH-USDC+0.0033%8h2,716.9−0.023%—$18.5M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0043%8h2,716.7−0.029%$2.35B$4.42B150xas long as short
Deribit ETH-PERPETUAL+0.0062%1h2,721+0.130%$258.8M$206.5M50xas long as short
SunX ETH-USDT+0.0067%8h2,720.3+0.101%$955K$11.2M100xas long as short
ApeX Omni ETHUSDT+0.0069%1h2,717.6+0.002%$8.6M$31.3M100xas long as short
Bullet ETH-USD+0.0072%1h2,720+0.093%$180K$1.7M20xas long as short
KuCoin ETHUSDTM+0.0075%8h2,717.9+0.015%$374.5M$577.9M100xas long as short
Aftermath Perps ETHUSD+0.0075%1h2,720.8+0.121%$30K$20K20xas long as short
Aster ETHUSDT+0.0084%8h2,717.4−0.004%$251.4M$843.4M200xas long as short
Aevo ETH-PERPlong+0.0088%1h2,717.5long leg$4.9M$155K20x
MEXC ETH_USDT+0.0091%8h2,716.9−0.023%$1.56B$2.58B500xas long as short
Binance ETHUSDT+0.0091%8h2,717−0.017%$6.29B$16.07B150xas long as short
OKX ETH-USDT-SWAP+0.0094%8h2,716.9−0.021%$1.66B$10.76B100xas long as short
Phemex ETHUSDT+0.0095%8h2,719.8+0.083%$262.6M$64.4M150xas long as short
Lighter ETH+0.0096%1h2,717.5+0.001%$111.4M$433.2M50xas long as short
Lighter RH ETH+0.0096%1h2,718.5+0.038%$23.3M$103.3M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,716.7−0.030%$496K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,719.1+0.059%$15.1M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,720.5+0.110%$13.8M$105.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,720.2+0.099%$3.08B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,718+0.018%$31.9M$333.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,716.4−0.041%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,717.6+0.002%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,719+0.054%$161.7M$327.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,717.1−0.013%$3.30B$8.96B200xas long as short
Bitget ETHUSDT+0.0100%8h2,716.9−0.023%$2.07B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,718.6+0.039%$14.9M$43.2M50xas long as short
Variational Omni ETH+0.0100%8h2,716.7−0.028%$132.7M$328.5M—as long as short
edgeX ETHUSDC+0.0100%4h2,717.4−0.005%$184.0M$676.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,718.2+0.027%$158.2M$87.0M50xas long as short
StandX ETH-USD+0.0100%1h2,718.7+0.044%$20.9M$70.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,721.7+0.155%—$876K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,722.3+0.176%$11.2M$9.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,720.5+0.108%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,721.1+0.133%$40.8M$30.1M15xas long as short
SoDEX ETH-USD+0.0100%1h2,719.1+0.059%$54.1M$187.8M40xas long as short
Extended ETH-USD+0.0104%1h2,716.1−0.052%$30.5M$74.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,720.8+0.120%—$31.3M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,720+0.091%$49.8M$4.28B50xas long as short
RISEx ETH/USDC+0.0108%1h2,717.5+0.001%$5.5M$11.8M25xas long as short
Kalshi KXETHPERP+0.0156%8h2,720.6+0.114%$6.4M$692.0M4.9xas long as short
Kraken Futures PF_ETHUSDshort+0.0177%1h2,719.6+0.076%$82.7M$315.7M100x
Orderly PERP_ETH_USDC+0.0189%8h2,722.2+0.172%$32.0M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0201%1h2,720.3+0.103%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,720.9+0.126%$248K$1.4M20xas long as short
BloFin ETH-USDT+0.0334%8h2,718.8+0.049%$280.7M$173.9M150xas long as short