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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.019%
Price spread now: Nado against Aftermath Perps−0.070%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.070% cheaper against Aftermath Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ETHUSD2,7370.0108pay 0.0014% / 1h28m 57s$30K$20K20x
ShortNado ETH-PERP2,735.10.0100get 0.0012% / 1h28m 57s$13.8M$104.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$1.76
Price spread: −0.070% → 0.000%
−$6.98
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$24.74
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Nado: live order book, 5 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 Nado live order book, 5 min ago0.18 bp4.0 bp −$44.3 bp −$436.2 bp −$61514.1 bp −$7,075
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
Perpl ETH−0.0447%43m2,735.3−0.065%$297K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,738.6+0.058%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,734.5−0.093%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,739+0.072%$821K$2.9M25xas long as short
HTX ETH-USDT−0.0005%8h2,733−0.148%$1.06B$1.20B200xas long as short
dYdX ETH-USD+0.0004%1h2,735.6−0.051%$10.8M$42.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,734.5−0.091%$28.1M200xas long as short
Bullet ETH-USD+0.0026%1h2,734−0.111%$179K$1.7M20xas long as short
BingX ETH-USDC+0.0033%8h2,733.1−0.144%$18.5Mas long as short
Bybit ETHUSDT+0.0041%8h2,733.2−0.139%$2.37B$4.37B150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0048%1h2,735.1−0.070%$187K$815K50xas long as short
KuCoin ETHUSDTM+0.0068%8h2,733.9−0.114%$381.0M$573.9M100xas long as short
Deribit ETH-PERPETUAL+0.0068%1h2,735.4−0.060%$259.5M$200.2M50xas long as short
OKX ETH-USDT-SWAP+0.0076%8h2,733.6−0.127%$1.67B$10.74B100xas long as short
SunX ETH-USDT+0.0080%8h2,734.2−0.103%$959K$11.2M100xas long as short
Aster ETHUSDT+0.0084%8h2,734−0.111%$251.1M$842.1M200xas long as short
ApeX Omni ETHUSDT+0.0085%1h2,737.8+0.027%$8.7M$31.2M100xas long as short
Phemex ETHUSDT+0.0086%8h2,734.3−0.100%$265.1M$65.1M150xas long as short
MEXC ETH_USDT+0.0092%8h2,733.8−0.119%$1.55B$2.57B500xas long as short
Binance ETHUSDT+0.0092%8h2,733.5−0.128%$6.35B$15.90B150xas long as short
Lighter ETH+0.0096%1h2,734.8−0.083%$112.8M$432.4M50xas long as short
Lighter RH ETH+0.0096%1h2,735.9−0.042%$23.4M$104.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,736.1−0.035%$30.9M500xas long as short
Aevo ETH-PERP+0.0096%1h2,731.7−0.195%$4.9M$155K20xas long as short
Injective ETH/USDC PERP+0.0096%1h2,735.8−0.045%$117K$22.5M52xas long as short
SoDEX ETH-USD+0.0097%1h2,734.2−0.103%$54.4M$187.7M40xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,739.4+0.087%$15.6M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,734.4−0.096%$505K$3.3M50xas long as short
Nado ETH-PERPshort+0.0100%1h2,735.1−0.070%$13.8M$104.6M50x
Hyperliquid ETH+0.0100%1h2,735.8−0.045%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,736−0.037%$31.9M$333.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,733.9−0.114%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,735.2−0.066%$1.5M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,736.4−0.022%$170.3M$327.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,733.8−0.120%$3.33B$8.89B200xas long as short
Bitget ETHUSDT+0.0100%8h2,733.9−0.113%$2.07B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,733.4−0.133%$15.2M$40.3M50xas long as short
Variational Omni ETH+0.0100%8h2,737.4+0.014%$133.6M$321.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,736.2−0.032%$184.1M$671.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,738.1+0.039%$159.3M$86.9M50xas long as short
StandX ETH-USD+0.0100%1h2,738+0.036%$21.1M$69.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,735.8−0.043%$844K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,735.8−0.045%$11.2M$9.3M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,734.6−0.088%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,735.7−0.050%$41.3M$29.9M15xas long as short
Extended ETH-USD+0.0104%1h2,733.1−0.145%$30.6M$73.1M50xas long as short
RISEx ETH/USDC+0.0107%1h2,735.1−0.072%$5.6M$11.7M25xas long as short
Aftermath Perps ETHUSDlong+0.0108%1h2,737long leg$30K$20K20x
Coinbase International ETH-PERP-INTX+0.0120%1h2,735−0.073%$50.9M$4.28B50xas long as short
Kalshi KXETHPERP+0.0137%8h2,735.7−0.048%$6.5M$684.2M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0153%1h2,734.9−0.077%$83.3M$315.0M100xas long as short
Orderly PERP_ETH_USDC+0.0196%8h2,736.2−0.030%$32.2M$11.7M100xas long as short
Reya ETHRUSDPERP+0.0211%1h2,733.5−0.130%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,738.3+0.047%$245K$1.4M20xas long as short
BloFin ETH-USDT+0.0370%8h2,734.2−0.102%$283.1M$175.1M150xas long as short