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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−0.0168%/8h= −18.4% APRnext payment −$1.68 per $10,000 · paid last 24h −0.047%
Price spread now: BingX against BloFin+0.011%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Long on BloFinShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETH-USDT2,776.90.0185pay 0.0185% / 8h1h 19m$283.9M$194.7M150x
ShortBingX ETH-USDT2,777.20.0017get 0.0017% / 8h1h 19m—$1.18B—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$35.34
Price spread: +0.011% → 0.000%
$1.12
Slippage, 4 orders
−$0.42
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$56.64
Costs to cover
0.224%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 10 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 BloFin live order book, 5 min ago0.05 bp6.1 bp −$66.1 bp −$617.0 bp −$7048.8 bp −$4,375
Sell BingX live order book, 10 min ago0.04 bp5.0 bp −$55.0 bp −$505.0 bp −$5045.8 bp −$2,894

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−0.0447%43m2,777.6+0.024%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,776.5−0.015%$5.7M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.2+0.047%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.098%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,777.3+0.015%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0016%1h2,777.7+0.030%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.4+0.019%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,779.6+0.098%$886K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,778.5+0.057%$22.4M—200xas long as short
BingX ETH-USDTshort+0.0017%8h2,777.2+0.011%—$1.18B—
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0019%8h2,776.9+0.001%$1.71B$11.88B100xas long as short
Phemex ETHUSDT+0.0019%8h2,777.9+0.037%$270.1M$68.6M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,778.4+0.054%$13.0M—200xas long as short
Bullet ETH-USD+0.0038%1h2,777.9+0.036%$181K$1.7M20xas long as short
Aster ETHUSDT+0.0039%8h2,777.6+0.024%$256.7M$992.0M200xas long as short
Deribit ETH-PERPETUAL+0.0056%1h2,778.5+0.057%$258.4M$222.4M50xas long as short
Nado ETH-PERP+0.0059%1h2,776.9+0.001%$14.3M$118.1M50xas long as short
MEXC ETH_USDT+0.0064%8h2,777.5+0.022%$1.62B$2.67B500xas long as short
Aevo ETH-PERP+0.0064%1h2,775.9−0.037%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0065%8h2,777.5+0.022%$6.44B$17.20B150xas long as short
Bitget ETHUSDT+0.0070%8h2,777.1+0.008%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,777.1+0.007%$3.29B$9.64B200xas long as short
ApeX Omni ETHUSDT+0.0073%1h2,780.3+0.121%$8.8M$32.6M100xas long as short
SoDEX ETH-USD+0.0078%1h2,777+0.004%$55.3M$228.9M40xas long as short
Bybit ETHUSDT+0.0093%8h2,777.6+0.026%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0095%8h2,776.9+0.001%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,777.9+0.036%$115.3M$502.0M50xas long as short
Lighter RH ETH+0.0096%1h2,778.9+0.072%$25.4M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,777.3+0.016%—$41.6M500xas long as short
KuCoin ETHUSDTM+0.0097%8h2,777.7+0.028%$423.0M$739.6M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.5−0.014%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,777.1+0.008%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.8+0.105%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,777.1+0.007%$31.3M$302.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.1−0.028%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,778.2+0.046%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.073%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,777.4+0.018%$15.2M$44.4M50xas long as short
Variational Omni ETH+0.0100%8h2,778.6+0.062%$136.7M$326.3M—as long as short
edgeX ETHUSDC+0.0100%4h2,779.6+0.099%$181.9M$783.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,780.8+0.142%$161.7M$91.5M50xas long as short
StandX ETH-USD+0.0100%1h2,779+0.076%$21.5M$58.1M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.1+0.080%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.9+0.036%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.3+0.087%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.5−0.015%$973K$14.0M100xas long as short
Vest ETH-PERP+0.0100%1h2,778.2+0.047%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,776.5−0.016%$32.6M$77.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,778.2+0.047%$60.0M$4.60B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,778.3+0.051%$8.4M$678.8M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,779.7+0.102%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,778.2+0.047%$86.0M$332.1M100xas long as short
BloFin ETH-USDTlong+0.0185%8h2,776.9long leg$283.9M$194.7M150x
Reya ETHRUSDPERP+0.0192%1h2,777.8+0.032%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0216%1h2,781.9+0.181%$271K$1.5M20xas long as short