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

ETH

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.03 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter RH against Aftermath Perps+0.005%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ETHUSD2,731.90.0119pay 0.0015% / 1h34m 38s$30K$20K20x
ShortLighter RH ETH2,732.10.0096get 0.0012% / 1h34m 38s$23.7M$96.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aftermath Perps. 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
−$4.79
Price spread: +0.005% → 0.000%
$0.52
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$13.26
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Lighter RH live order book, 4 min ago0.64 bp0.6 bp −$11.4 bp −$146.3 bp −$62648.0 bp −$24.0K
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin ETH-USDT−0.0175%8h2,731−0.034%$280.7M$177.4M150xas long as short
Perpl ETH−0.0112%43m2,731.7−0.009%$277K$5.7M8.3xas long as short
HTX ETH-USDT−0.0100%8h2,730.5−0.051%$1.05B$1.21B200xas long as short
Hotstuff ETH-PERP−0.0080%1h2,732+0.002%$5K$1K50xas long as short
Bybit ETHUSDT−0.0057%8h2,729.8−0.080%$2.32B$4.29B150xas long as short
Phemex ETHUSDT−0.0037%8h2,731−0.036%$263.1M$63.3M150xas long as short
Phoenix ETH−0.0012%1h2,731.8−0.005%$806K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,731.5−0.017%$11.9M200xas long as short
SunX ETH-USDT−0.0002%8h2,730.9−0.037%$942K$10.7M100xas long as short
dYdX ETH-USD0.0000%1h2,731−0.034%$10.6M$41.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXETHPERP0.0000%8h2,731.9−0.001%$6.8M$670.5M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,731.7−0.009%$264.6M$219.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,731.8−0.004%$33.0M200xas long as short
ApeX Omni ETHUSDT+0.0025%1h2,731.7−0.010%$8.4M$31.2M100xas long as short
Gate ETH_USDT+0.0029%8h2,730.1−0.068%$3.28B$8.25B200xas long as short
01 Exchange ETHUSD+0.0040%1h2,730.9−0.038%$191K$884K50xas long as short
SoDEX ETH-USD+0.0050%1h2,731−0.034%$54.4M$182.5M40xas long as short
Hibachi ETH/USDT-P+0.0056%1h2,732.9+0.035%$237K$1.4M20xas long as short
OKX ETH-USDT-SWAP+0.0076%8h2,730−0.071%$1.66B$10.66B100xas long as short
Aster ETHUSDT+0.0077%8h2,730−0.070%$252.6M$845.9M200xas long as short
KuCoin ETHUSDTM+0.0083%8h2,730.1−0.066%$383.3M$574.5M100xas long as short
MEXC ETH_USDT+0.0087%8h2,730.1−0.069%$1.57B$2.55B500xas long as short
Binance ETHUSDT+0.0087%8h2,730−0.069%$6.31B$16.00B150xas long as short
Aevo ETH-PERP+0.0088%1h2,728.8−0.116%$4.9M$195K20xas long as short
Bullet ETH-USD+0.0090%1h2,731.4−0.021%$176K$1.7M20xas long as short
Lighter ETH+0.0096%1h2,731.5−0.017%$112.6M$401.5M50xas long as short
Lighter RH ETHshort+0.0096%1h2,732.1+0.005%$23.7M$96.0M50x
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,732+0.001%$30.4M500xas long as short
Katana Perps ETH-USD+0.0100%8h2,730.1−0.067%$499K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,733.7+0.064%$15.4M$7.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,731.8−0.006%$14.3M$100.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,733.4+0.054%$3.11B$2.03B25xas long as short
Pacifica ETH+0.0100%1h2,731.5−0.016%$32.1M$333.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,731.4−0.020%$2.7M$16.4M25xas long as short
Arcus ETH-USD+0.0100%1h2,730.7−0.044%$1.6M$15.8M25xas long as short
Bulk ETH-USD+0.0100%1h2,729.4−0.093%$164.7M$339.6M25xas long as short
Bitget ETHUSDT+0.0100%8h2,730.3−0.059%$2.11B$2.73B150xas long as short
BingX ETH-USDT+0.0100%8h2,730−0.073%$1.05Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,731.2−0.028%$15.2M$39.8M50xas long as short
Variational Omni ETH+0.0100%8h2,730.8−0.043%$132.0M$316.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,730.3−0.061%$185.8M$682.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,731−0.035%$158.8M$79.8M50xas long as short
StandX ETH-USD+0.0100%1h2,731.5−0.016%$21.0M$70.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,732.3+0.012%$436K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,731−0.034%$11.2M$9.3M50xas long as short
Derive ETH-PERP+0.0100%1h2,732.9+0.034%$40.6M$29.2M15xas long as short
Extended ETH-USD+0.0104%1h2,729.3−0.097%$30.5M$71.0M50xas long as short
Kraken Futures PF_ETHUSD+0.0105%1h2,731.5−0.017%$82.0M$309.3M100xas long as short
Aftermath Perps ETHUSDlong+0.0119%1h2,731.9long leg$30K$20K20x
Coinbase International ETH-PERP-INTX+0.0120%1h2,731.9−0.001%$46.1M$4.23B50xas long as short
RISEx ETH/USDC+0.0137%1h2,731.2−0.027%$5.7M$11.4M25xas long as short
Reya ETHRUSDPERP+0.0172%1h2,730.1−0.068%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h2,733.2+0.047%$32.2M$11.0M100xas long as short
Injective ETH/USDC PERP+0.0253%1h2,736.9+0.182%$117K$21.0M52xas long as short
Bluefin ETH-PERP+0.1971%1h2,731.8−0.004%$20K$23K25xas long as short