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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0147%/8h
paid, last 24h−0.030%paid, last 7 days−0.134%to open and close $10k−$25
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ETH_USDC_PERP2,730.10.0100pay 0.0013% / 1h0m 29s$15.5M$38.3M50x
ShortGate ETH_USDT2,731.1−0.0047pay 0.0047% / 8h2h 00m$3.70B$8.29B200x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$30.87
Slippage, 4 orders
−$0.49
Fee Backpack: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$56.36
Break-even
never at this rate
Slippage from Backpack: live order book, 5 min ago; Gate: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.034%
Avg gap 7d
+0.004%
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, 5 min ago0.02 bp5.4 bp −$55.8 bp −$589.5 bp −$945doesn't fit
Sell Gate live order book, 5 min ago0.02 bp7.5 bp −$87.6 bp −$7612.1 bp −$1,21420.7 bp −$10.4K

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_USDTshort−0.0047%8h$3.70B$8.29B200x
GMX ETH/USD [ETH-USDC]L −0.0014% / S +0.0046%1h$11.7M200xas long as short
Kalshi KXETHPERP0.0000%8h$4.4M$471.9M4.9xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.2M200xas long as short
Phemex ETHUSDT+0.0020%8h$264.3M$65.7M150xas long as short
OKX ETH-USDT-SWAP+0.0021%8h$1.72B$10.52B100xas long as short
Coinbase International ETH-PERP-INTX+0.0032%1h$61.4M$4.64B50xas long as short
ApeX Omni ETHUSDT+0.0036%1h$7.6M$27.2M100xas long as short
Kraken Futures PF_ETHUSD+0.0055%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$118.9M$468.9M50xas 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$267.3M$800.6M200xas long as short
Pacifica ETH+0.0100%1h$30.8M$181.7M50xas long as short
Binance ETHUSDT+0.0100%8h$6.57B$14.33B150xas long as short
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$2.33B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$393.3M$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$945K$13.8M100xas long as short
SoDEX ETH-USD+0.0100%1h$55.6M$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
Deribit ETH-PERPETUAL+0.0109%1h$259.4M$208.1M50xas long as short
Perpl ETH+0.0112%43m$172K$5.2M8.3xas 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$32.1M$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+0.0258%1h$3.23B$2.03B25xas long as short
dYdX ETH-USD+0.0421%1h$24.3M$20.8M50xas long as short
Derive ETH-PERP+0.0518%1h$40.2M$18.4M15xas long as short