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 23:00 UTC+0.0046%/8h= +5.1% APRpaid last 24h +0.019%
Price spread now: Paradex against ApeX Omni+0.060%50s7-day average +0.047% · 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—prices read too far apart to compare
costs, in and out, $10k−$1661.664% of the position
Long on ApeX OmniShort on Paradex
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.109%+$11 on $10k
Price spread, last 7 days+0.031%+$3 · spread now +0.060%, 7d avg +0.047%
Together, before fees+0.140%+ Points / potential airdropParadex: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,772.60.0052pay 0.0007% / 1h5m 55s$8.7M$32.6M100x
ShortParadex ETH-USD-PERP2,774.30.0099get 0.0099% / 8h1h 05m$15.9M$10.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against ApeX Omni. 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
$9.76
Price spread: +0.060% → +0.047%
$1.33
Slippage, 4 orders
−$152.42
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$155.32
Costs to cover
1.664%
Break-even
118.4 days
Slippage from ApeX Omni: live order book, 3 min ago; Paradex: 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 ApeX Omni live order book, 3 min ago0.23 bp5.2 bp −$55.2 bp −$5221.6 bp −$2,15640.1 bp −$20.0K
Sell Paradex live order book, 3 min ago75.89 bp77.9 bp −$7877.9 bp −$779doesn't fitdoesn't fit

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%43m2,774.9+0.081%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,774.7+0.073%$5.7M$11.8M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,774.5+0.067%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.251%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,774.8+0.078%$169K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,775.2+0.094%$12.7M$45.7M50xas long as short
Phoenix ETH0.0000%1h2,774.7+0.075%$885K$3.7M25xas long as short
Aftermath Perps ETHUSD+0.0002%1h2,774+0.051%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,775.7+0.111%$22.4M—200xas long as short
BingX ETH-USDC+0.0015%8h2,774.4+0.062%—$17.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0017%8h2,773.3+0.025%$1.70B$11.85B100xas long as short
Phemex ETHUSDT+0.0022%8h2,774.7+0.075%$270.2M$68.8M150xas long as short
Bullet ETH-USD+0.0026%1h2,774.8+0.079%$181K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,775.7+0.111%$12.9M—200xas long as short
Aster ETHUSDT+0.0030%8h2,774.3+0.059%$255.7M$995.0M200xas long as short
ApeX Omni ETHUSDTlong+0.0052%1h2,772.6long leg$8.7M$32.6M100x
Aevo ETH-PERP+0.0056%1h2,772.2−0.015%$5.0M$636K20xas long as short
Nado ETH-PERP+0.0057%1h2,775+0.084%$14.2M$118.1M50xas long as short
Binance ETHUSDT+0.0059%8h2,774.3+0.058%$6.43B$17.23B150xas long as short
MEXC ETH_USDT+0.0059%8h2,773.5+0.032%$1.60B$2.68B500xas long as short
Deribit ETH-PERPETUAL+0.0063%1h2,776.5+0.138%$258.7M$222.4M50xas long as short
SoDEX ETH-USD+0.0065%1h2,774.8+0.078%$55.2M$229.0M40xas long as short
Bitget ETHUSDT+0.0067%8h2,773.6+0.034%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0073%8h2,774.6+0.070%$3.29B$9.68B200xas long as short
HTX ETH-USDT+0.0088%8h2,774.6+0.071%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0092%8h2,773.8+0.043%$2.51B$4.62B150xas long as short
Lighter ETH+0.0096%1h2,775+0.084%$115.1M$503.2M50xas long as short
Lighter RH ETH+0.0096%1h2,776.5+0.141%$25.4M$121.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,775.8+0.115%—$41.6M500xas long as short
KuCoin ETHUSDTM+0.0096%8h2,773.9+0.044%$421.6M$739.0M100xas long as short
Paradex ETH-USD-PERPshort+0.0099%8h2,774.3+0.060%$15.9M$10.5M50x
Vest ETH-PERP+0.0099%1h2,774.9+0.082%—$1.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,774.9+0.082%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,777.1+0.161%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,775+0.085%$31.2M$303.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,774.2+0.057%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,776.2+0.128%$2.7M$17.6M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.065%$166.1M$253.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774.7+0.074%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,770.9−0.064%$144.7M$334.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,771.1−0.055%$181.4M$779.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,773.3+0.025%$161.3M$91.0M50xas long as short
StandX ETH-USD+0.0100%1h2,771.4−0.044%$21.4M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,776.2+0.129%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,775.4+0.098%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,777.4+0.172%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,774.2+0.055%$973K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,772.9+0.010%$32.6M$77.5M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,776.2+0.127%$59.9M$4.60B50xas long as short
Kalshi KXETHPERP+0.0125%8h2,775+0.085%$8.3M$681.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,778+0.193%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,776+0.121%$86.4M$332.4M100xas long as short
BloFin ETH-USDT+0.0180%8h2,772.7+0.003%$284.7M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0195%1h2,774.9+0.081%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0272%1h2,773.3+0.024%$270K$1.5M20xas long as short