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

ETH

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Alert: funding
Measured
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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
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Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.013%
Price spread now: OKX against Binance−0.016%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Long on BinanceShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.016%, 7d avg −0.004%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,769.50.0051pay 0.0051% / 8h2h 06m$6.43B$17.23B150x
ShortOKX ETH-USDT-SWAP2,769.10.0022get 0.0022% / 8h2h 06m$1.71B$11.89B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
−$6.08
Price spread: −0.016% → −0.004%
−$1.16
Slippage, 4 orders
−$0.11
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.35
Costs to cover
0.201%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; OKX: 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 Binance live order book, 8 min ago0.02 bp5.1 bp −$55.8 bp −$586.9 bp −$6949.2 bp −$4,621
Sell OKX live order book, 3 min ago0.02 bp5.0 bp −$55.6 bp −$566.3 bp −$6308.2 bp −$4,082

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−0.0112%43m2,769.50.000%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.240%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770+0.017%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,770.2+0.024%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,772.2+0.096%$885K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,769.7+0.007%$5.7M$11.9M25xas long as short
dYdX ETH-USD0.0000%1h2,770.4+0.029%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0003%1h2,773+0.125%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.1+0.020%$22.4M—200xas long as short
OKX ETH-USDT-SWAPshort+0.0022%8h2,769.1−0.016%$1.71B$11.89B100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,769.9+0.015%$13.2M—200xas long as short
Phemex ETHUSDT+0.0030%8h2,769.9+0.014%$266.8M$66.0M150xas long as short
ApeX Omni ETHUSDT+0.0031%1h2,770.9+0.047%$8.7M$32.6M100xas long as short
Aster ETHUSDT+0.0034%8h2,769.60.000%$256.1M$995.7M200xas long as short
Deribit ETH-PERPETUAL+0.0035%1h2,771.3+0.063%$258.5M$225.1M50xas long as short
Aevo ETH-PERP+0.0048%1h2,767.6−0.071%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0051%8h2,769.8+0.008%$1.59B$2.69B500xas long as short
Binance ETHUSDTlong+0.0051%8h2,769.5long leg$6.43B$17.23B150x
Bitget ETHUSDT+0.0075%8h2,769.3−0.009%$2.10B$3.13B150xas long as short
Gate ETH_USDT+0.0076%8h2,769.2−0.012%$3.28B$9.70B200xas long as short
Bullet ETH-USD+0.0078%1h2,769−0.019%$184K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,770.2+0.023%$114.6M$515.7M50xas long as short
Lighter RH ETH+0.0096%1h2,771.6+0.073%$25.3M$123.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,771+0.054%—$41.8M500xas long as short
Variational Omni ETH+0.0097%8h2,770.2+0.025%$140.7M$320.5M—as long as short
HTX ETH-USDT+0.0098%8h2,769.4−0.004%$1.08B$1.32B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,769.2−0.013%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.2+0.024%$485K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,769.2−0.012%$15.2M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.8+0.082%$3.19B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,770.2+0.024%$31.2M$291.4M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.4−0.004%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.4−0.005%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.6+0.074%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6+0.037%$164.9M$252.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,769.5−0.003%$421.8M$742.3M100xas long as short
BingX ETH-USDC+0.0100%8h2,769.2−0.012%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.2+0.024%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,770.8+0.047%$179.5M$782.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.4+0.069%$161.2M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,773+0.125%$21.4M$57.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.7+0.042%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.6+0.037%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.1+0.091%$42.6M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,768.9−0.024%$971K$14.1M100xas long as short
SoDEX ETH-USD+0.0100%1h2,769.7+0.006%$55.1M$228.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,770.3+0.028%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,769.4−0.005%$31.4M$75.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,771.3+0.064%$59.9M$4.62B50xas long as short
Kalshi KXETHPERP+0.0111%8h2,770.5+0.035%$8.5M$674.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,772.5+0.107%$32.5M$12.0M100xas long as short
BloFin ETH-USDT+0.0171%8h2,770+0.017%$285.8M$195.6M150xas long as short
Reya ETHRUSDPERP+0.0185%1h2,769.1−0.015%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,770.9+0.048%$86.1M$331.7M100xas long as short
Hibachi ETH/USDT-P+0.0464%1h2,772.8+0.118%$282K$1.5M20xas long as short