data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

ETH

all ETH markets
SwapPrice view
Alert
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.

Funding spread now, next payment 15:00 UTC+0.0030%/8h
next payment, per $10,000+$0.04paid, last 24h−0.007%paid, last 3 days+0.041%to open and close $10k−$16
Long on ArcusShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus ETH-USD2,717.80.0100pay 0.0013% / 1h51m 06s$2.3M$13.7M25x
ShortDeribit ETH-PERPETUAL2,714.80.0130get 0.0016% / 1h51m 06s$259.5M$208.8M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$6.3
Slippage, 4 orders
−$4.36
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$9.56
Break-even
17.6 days
Slippage from Arcus: live order book, 5 min ago; Deribit: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.113%
Avg gap 7d
+0.005%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 5 min ago0.44 bp3.1 bp −$33.5 bp −$35doesn't fitdoesn't fit
Sell Deribit live order book, 5 min ago0.18 bp5.0 bp −$56.4 bp −$6413.0 bp −$1,29549.0 bp −$24.5K

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0335%43m$169K$5.2M8.3xas long as short
ApeX Omni ETHUSDT−0.0163%1h$7.5M$27.3M100xas long as short
Injective ETH/USDC PERP−0.0112%1h$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$1K50xas long as short
Gate ETH_USDT−0.0040%8h$3.66B$8.26B200xas long as short
Kalshi KXETHPERP0.0000%8h$4.3M$477.3M4.9xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.0M—200xas long as short
Backpack ETH_USDC_PERP+0.0013%1h$15.4M$38.1M50xas long as short
GMX ETH/USD [ETH-USDC]L +0.0016% / S +0.0014%1h$11.6M—200xas long as short
SoDEX ETH-USD+0.0017%1h$55.2M$139.7M40xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0018%8h$1.71B$10.52B100xas long as short
Phemex ETHUSDT+0.0041%8h$262.5M$65.6M150xas long as short
Bullet ETH-USD+0.0054%1h$181K$1.9M20xas long as short
Coinbase International ETH-PERP-INTX+0.0056%1h$60.9M$4.63B50xas long as short
Phoenix ETH+0.0070%1h$1.4M$2.4M25xas long as short
Bitget ETHUSDT+0.0081%8h$2.12B$2.95B150xas long as short
Lighter ETH+0.0096%1h$118.3M$468.9M50xas long as short
Lighter RH ETH+0.0096%1h$25.6M$114.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h—$41.5M500xas long as short
Aevo ETH-PERP+0.0096%1h$4.9M$781K20xas long as short
Paradex ETH-USD-PERP+0.0099%8h$13.6M$11.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h$466K$1.8M50xas long as short
Nado ETH-PERP+0.0100%1h$18.7M$110.4M50xas long as short
Aster ETHUSDT+0.0100%8h$266.0M$806.2M200xas long as short
Pacifica ETH+0.0100%1h$30.8M$185.4M50xas long as short
Binance ETHUSDT+0.0100%8h$6.54B$14.47B150xas long as short
Bybit ETHUSDT+0.0100%8h$2.41B$4.26B150xas long as short
Arcus ETH-USDlong+0.0100%1h$2.3M$13.7M25x
MEXC ETH_USDT+0.0100%8h$1.52B$2.31B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$389.8M$667.4M100xas long as short
BingX ETH-USDC+0.0100%8h—$16.1M—as long as short
Variational Omni ETH+0.0100%8h$155.1M$289.1M—as long as short
edgeX ETHUSDC+0.0100%4h$191.8M$663.9M100xas long as short
StandX ETH-USD+0.0100%1h$20.8M$55.3M40xas long as short
Vest ETH-PERP+0.0100%1h—$1.2M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$4.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h$19K$24K25xas long as short
SunX ETH-USDT+0.0100%8h$936K$13.9M100xas long as short
HTX ETH-USDT+0.0100%8h$1.07B$1.13B200xas long as short
Bulk ETH-USD+0.0100%1h$150.8M$274.0M25xas long as short
Extended ETH-USD+0.0104%1h$32.8M$72.5M50xas long as short
Deribit ETH-PERPETUALshort+0.0130%1h$259.5M$208.8M50x
Reya ETHRUSDPERP+0.0147%1h$7.3M$911K25xas long as short
Orderly PERP_ETH_USDC+0.0214%8h$31.8M$11.1M100xas long as short
Aftermath Perps ETHUSD+0.0215%1h$29K$34K20xas long as short
BloFin ETH-USDT+0.0220%8h$293.8M$165.0M150xas long as short
Ondo Perps ETH-USD.P+0.0235%1h$3.2M$12.5M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h$305K$1.2M20xas long as short
Kraken Futures PF_ETHUSD+0.0262%1h$84.6M$313.1M100xas long as short
RISEx ETH/USDC+0.0266%1h$5.8M$13.4M25xas long as short
Hyperliquid ETH+0.0275%1h$3.17B$2.05B25xas long as short
dYdX ETH-USD+0.0419%1h$24.4M$21.3M50xas long as short
01 Exchange ETHUSD+0.0592%1h$186K$1.0M50xas long as short
Derive ETH-PERP+0.0708%1h$42.1M$18.9M15xas long as short