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 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Nado against Bitget−0.029%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Long on BitgetShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.037%+$4 on $10k
Price spread, last 7 days+0.015%+$2 · spread now −0.029%, 7d avg +0.017%
Together, before fees+0.052%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.046% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHUSDT2,727.10.0100pay 0.0100% / 8h3h 01m$2.08B$2.73B150x
ShortNado ETH-PERP2,726.30.0100get 0.0012% / 1h1m 01s$13.8M$104.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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
$0
Price spread: −0.029% → +0.017%
−$4.61
Slippage, 4 orders
−$0.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$24.01
Costs to cover
0.194%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Nado: 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 Bitget live order book, 3 min ago0.02 bp6.0 bp −$66.9 bp −$697.6 bp −$7658.6 bp −$4,296
Sell Nado live order book, 3 min ago0.18 bp3.7 bp −$43.7 bp −$375.7 bp −$57414.0 bp −$6,982

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−0.0335%43m2,726.2−0.032%$290K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,727−0.002%$5K$1K50xas long as short
HTX ETH-USDT−0.0021%8h2,726.6−0.016%$1.05B$1.20B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,727.1+0.001%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,731.9+0.177%$816K$2.9M25xas long as short
dYdX ETH-USD+0.0006%1h2,727.7+0.023%$10.7M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,727.2+0.004%$28.0M—200xas long as short
BingX ETH-USDC+0.0030%8h2,726.5−0.019%—$18.5M—as long as short
Bybit ETHUSDT+0.0036%8h2,726.9−0.007%$2.36B$4.40B150xas long as short
Bullet ETH-USD+0.0041%1h2,726.9−0.007%$178K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0048%1h2,727.9+0.031%$186K$784K50xas long as short
SunX ETH-USDT+0.0056%8h2,726.1−0.036%$956K$11.2M100xas long as short
KuCoin ETHUSDTM+0.0063%8h2,727.2+0.003%$377.7M$575.1M100xas long as short
ApeX Omni ETHUSDT+0.0070%1h2,727.10.000%$8.7M$31.2M100xas long as short
Aster ETHUSDT+0.0076%8h2,726.9−0.005%$252.4M$842.9M200xas long as short
Aevo ETH-PERP+0.0080%1h2,724.7−0.087%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0082%8h2,727.3+0.008%$1.56B$2.59B500xas long as short
Binance ETHUSDT+0.0082%8h2,727.2+0.007%$6.33B$15.96B150xas long as short
OKX ETH-USDT-SWAP+0.0083%8h2,727−0.002%$1.67B$10.73B100xas long as short
Phemex ETHUSDT+0.0088%8h2,727−0.004%$264.1M$63.9M150xas long as short
Aftermath Perps ETHUSD+0.0091%1h2,728.5+0.054%$30K$20K20xas long as short
Lighter ETH+0.0096%1h2,727.6+0.019%$112.0M$437.7M50xas long as short
Lighter RH ETH+0.0096%1h2,728.9+0.069%$23.4M$105.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,726.8−0.010%—$31.0M500xas long as short
Injective ETH/USDC PERP+0.0096%1h2,728.9+0.067%$117K$22.5M52xas long as short
Katana Perps ETH-USD+0.0100%8h2,726.7−0.013%$499K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,728.7+0.062%$15.4M$8.0M50xas long as short
Nado ETH-PERPshort+0.0100%1h2,726.3−0.029%$13.8M$104.8M50x
Hyperliquid ETH+0.0100%1h2,729.5+0.089%$3.09B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,727.6+0.020%$31.9M$334.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,725.8−0.046%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,727.6+0.019%$1.5M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,727.3+0.010%$3.33B$8.99B200xas long as short
Bitget ETHUSDTlong+0.0100%8h2,727.1long leg$2.08B$2.73B150x
Backpack ETH_USDC_PERP+0.0100%1h2,726.8−0.009%$15.0M$42.4M50xas long as short
Variational Omni ETH+0.0100%8h2,726.2−0.031%$134.1M$323.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,728.5+0.053%$183.5M$672.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,729.5+0.089%$158.8M$87.0M50xas long as short
StandX ETH-USD+0.0100%1h2,727−0.002%$21.0M$73.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,728+0.036%—$846K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,728.6+0.056%$11.2M$9.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,726.8−0.009%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,728.8+0.065%$40.9M$30.1M15xas long as short
SoDEX ETH-USD+0.0100%1h2,727.2+0.005%$54.3M$187.8M40xas long as short
Bulk ETH-USD+0.0100%1h2,726.9−0.004%$164.5M$309.8M25xas long as short
Deribit ETH-PERPETUAL+0.0102%1h2,728.4+0.049%$258.5M$202.8M50xas long as short
Extended ETH-USD+0.0104%1h2,726.7−0.012%$30.6M$73.7M50xas long as short
RISEx ETH/USDC+0.0107%1h2,727.5+0.017%$5.6M$11.7M25xas long as short
Kalshi KXETHPERP+0.0111%8h2,727.4+0.012%$6.4M$688.1M4.9xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h2,728.3+0.044%$50.3M$4.28B50xas long as short
Kraken Futures PF_ETHUSD+0.0153%1h2,727.8+0.026%$82.8M$316.7M100xas long as short
Orderly PERP_ETH_USDC+0.0190%8h2,729.1+0.076%$32.1M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0206%1h2,726.7−0.015%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,727.9+0.031%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0330%8h2,727.2+0.006%$281.6M$174.5M150xas long as short