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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC0.0000%/8h
paid, last 24h−0.010%paid, last 7 days−0.112%to open and close $10k−$20
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ETH_USDC_PERP2,729.20.0100pay 0.0013% / 1h0m 03s$15.5M$38.3M50x
ShortBinance ETHUSDT2,729.90.0100get 0.0100% / 8h2h 00m$6.58B$14.34B150x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$0.44
Fee Backpack: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.44
Break-even
never at this rate
Slippage from Backpack: live order book, 1 min ago; Binance: live order book, 16 min ago.

Price risk

price view
Price gap now
+0.025%
Avg gap 7d
+0.003%
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 Backpack live order book, 1 min ago0.02 bp5.0 bp −$55.2 bp −$527.8 bp −$776doesn't fit
Sell Binance live order book, 16 min ago0.02 bp5.0 bp −$55.1 bp −$516.7 bp −$6748.6 bp −$4,286

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff ETH-PERP−0.0080%1h$5K$1K50xas long as short
Gate ETH_USDT−0.0047%8h$3.70B$8.29B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0014% / S +0.0046%1h$11.6M200xas long as short
Kalshi KXETHPERP0.0000%8h$4.3M$472.6M4.9xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.1M200xas long as short
Phemex ETHUSDT+0.0018%8h$264.2M$65.7M150xas long as short
OKX ETH-USDT-SWAP+0.0021%8h$1.71B$10.52B100xas long as short
Coinbase International ETH-PERP-INTX+0.0032%1h$61.3M$4.64B50xas long as short
ApeX Omni ETHUSDT+0.0036%1h$7.6M$27.2M100xas long as short
Kraken Futures PF_ETHUSD+0.0056%1h$83.4M$314.4M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix ETH+0.0061%1h$1.4M$2.5M25xas long as short
Bitget ETHUSDT+0.0082%8h$2.13B$2.93B150xas long as short
01 Exchange ETHUSD+0.0088%1h$189K$1.0M50xas long as short
Bullet ETH-USD+0.0094%1h$183K$1.9M20xas long as short
Lighter ETH+0.0096%1h$118.8M$469.0M50xas long as short
Lighter RH ETH+0.0096%1h$25.4M$115.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$41.4M500xas long as short
Aevo ETH-PERP+0.0096%1h$5.0M$781K20xas long as short
Paradex ETH-USD-PERP+0.0099%8h$13.7M$11.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h$468K$1.9M50xas long as short
Nado ETH-PERP+0.0100%1h$19.3M$109.4M50xas long as short
Aster ETHUSDT+0.0100%8h$267.1M$800.8M200xas long as short
Pacifica ETH+0.0100%1h$30.8M$181.7M50xas long as short
Binance ETHUSDTshort+0.0100%8h$6.58B$14.34B150x
Bybit ETHUSDT+0.0100%8h$2.45B$4.21B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$3.3M$12.3M25xas long as short
Arcus ETH-USD+0.0100%1h$2.4M$13.5M25xas long as short
MEXC ETH_USDT+0.0100%8h$1.53B$2.34B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$392.8M$666.2M100xas long as short
BingX ETH-USDC+0.0100%8h$16.1Mas long as short
Backpack ETH_USDC_PERPlong+0.0100%1h$15.5M$38.3M50x
Variational Omni ETH+0.0100%8h$155.6M$288.4Mas long as short
edgeX ETHUSDC+0.0100%4h$192.5M$656.9M100xas long as short
StandX ETH-USD+0.0100%1h$21.0M$54.4M40xas long as short
Vest ETH-PERP+0.0100%1h$1.2M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.8M$4.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h$19K$24K25xas long as short
SunX ETH-USDT+0.0100%8h$942K$13.9M100xas long as short
SoDEX ETH-USD+0.0100%1h$55.5M$139.7M40xas long as short
HTX ETH-USDT+0.0100%8h$1.08B$1.12B200xas long as short
Bulk ETH-USD+0.0100%1h$150.7M$266.1M25xas long as short
Extended ETH-USD+0.0104%1h$33.0M$71.9M50xas long as short
Perpl ETH+0.0112%43m$172K$5.2M8.3xas long as short
Deribit ETH-PERPETUAL+0.0113%1h$259.4M$208.1M50xas long as short
Reya ETHRUSDPERP+0.0146%1h$7.3M$912K25xas long as short
RISEx ETH/USDC+0.0179%1h$5.9M$13.1M25xas long as short
Injective ETH/USDC PERP+0.0206%1h$117K$22.5M52xas long as short
Aftermath Perps ETHUSD+0.0213%1h$29K$34K20xas long as short
Orderly PERP_ETH_USDC+0.0215%8h$32.0M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0216%1h$282K$1.2M20xas long as short
BloFin ETH-USDT+0.0220%8h$293.0M$164.5M150xas long as short
Hyperliquid ETH+0.0259%1h$3.22B$2.03B25xas long as short
dYdX ETH-USD+0.0421%1h$24.3M$20.8M50xas long as short
Derive ETH-PERP+0.0534%1h$41.1M$18.4M15xas long as short