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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0062%/8hnext payment −$0.62 per $10,000 · paid last 24h −0.032%
Price spread now: Variational Omni against BloFin−0.065%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BloFinShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.090%−$9 on $10k
Price spread, last 3 days (all we have)+0.105%+$11 · spread now −0.065%, 7d avg −0.004%
Together, before fees+0.015%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETH-USDT2,762.20.0154pay 0.0154% / 8h4h 06m$292.7M$186.8M150x
ShortVariational Omni ETH2,760.40.0092get 0.0092% / 8h4h 06m$139.7M$304.4M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$13.05
Price spread: −0.065% → −0.004%
−$6.19
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$31.25
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 7 min ago0.02 bp6.0 bp −$66.0 bp −$607.9 bp −$79210.4 bp −$5,224
Sell Variational Omni RFQ quote, 2 min ago0.49 bpdoesn't fit0.5 bp −$52.8 bp −$281doesn't fit

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−0.0223%43m2,762.1−0.001%$269K$6.6M8.3xas long as short
Injective ETH/USDC PERP−0.0208%1h2,761.8−0.013%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,761.1−0.039%$5K$2K50xas long as short
SoDEX ETH-USD−0.0019%1h2,762.1−0.003%$55.7M$184.4M40xas long as short
Phoenix ETH−0.0003%1h2,762.9+0.026%$928K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,763.2+0.035%$13.5M$42.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,763.6+0.050%$22.4M—200xas long as short
Bulk ETH-USD+0.0012%1h2,762.6+0.015%$165.0M$265.6M25xas long as short
OKX ETH-USDT-SWAP+0.0016%8h2,762.1−0.003%$1.73B$11.32B100xas long as short
ApeX Omni ETHUSDT+0.0018%1h2,761.7−0.018%$8.4M$28.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETH-PERPETUAL+0.0018%1h2,764.2+0.072%$258.4M$209.2M50xas long as short
GMX ETH/USD [ETH-USDC]L +0.0020% / S +0.0013%1h2,763.6+0.052%$12.3M—200xas long as short
Bullet ETH-USD+0.0022%1h2,762.4+0.008%$194K$1.8M20xas long as short
01 Exchange ETHUSD+0.0024%1h2,763.8+0.059%$178K$1.2M50xas long as short
Phemex ETHUSDT+0.0029%8h2,762.6+0.017%$267.1M$64.5M150xas long as short
MEXC ETH_USDT+0.0038%8h2,762.1−0.001%$1.62B$2.48B500xas long as short
Binance ETHUSDT+0.0038%8h2,762.2+0.002%$6.57B$16.31B150xas long as short
Aevo ETH-PERP+0.0040%1h2,760.9−0.046%$5.0M$651K20xas long as short
RISEx ETH/USDC+0.0044%1h2,762.9+0.027%$5.8M$12.2M25xas long as short
Gate ETH_USDT+0.0051%8h2,762.3+0.006%$3.35B$9.25B200xas long as short
Aster ETHUSDT+0.0057%8h2,762.2+0.001%$268.4M$947.4M200xas long as short
Bitget ETHUSDT+0.0073%8h2,762.3+0.004%$2.10B$3.00B150xas long as short
Aftermath Perps ETHUSD+0.0075%1h2,763.6+0.051%$29K$20K20xas long as short
Variational Omni ETHshort+0.0092%8h2,760.4−0.065%$139.7M$304.4M—
Lighter ETH+0.0096%1h2,762.9+0.028%$115.2M$498.5M50xas long as short
Lighter RH ETH+0.0096%1h2,764.3+0.077%$25.5M$122.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,763.1+0.032%—$44.1M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,766.9+0.171%$15.8M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,763+0.030%$481K$2.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,761.4−0.027%$17.3M$112.7M50xas long as short
Pacifica ETH+0.0100%1h2,762.2+0.001%$31.2M$265.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,762.4+0.007%$2.53B$4.42B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,761.9−0.010%$2.9M$15.4M25xas long as short
Arcus ETH-USD+0.0100%1h2,763.7+0.056%$2.9M$16.8M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,762.2+0.002%$413.5M$711.1M100xas long as short
BingX ETH-USDC+0.0100%8h2,762.5+0.012%—$16.9M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,762.7+0.018%$15.3M$41.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,761.2−0.034%$179.7M$749.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,761.6−0.021%$160.6M$95.7M50xas long as short
StandX ETH-USD+0.0100%1h2,762.1−0.003%$21.3M$56.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,764.7+0.092%$11.4M$7.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,763.8+0.060%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,765.7+0.127%$42.9M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h2,761.2−0.034%$968K$14.2M100xas long as short
HTX ETH-USDT+0.0100%8h2,761.8−0.014%$1.08B$1.24B200xas long as short
Vest ETH-PERP+0.0100%1h2,763+0.029%—$1.1M50xas long as short
Hyperliquid ETH+0.0102%1h2,764.7+0.092%$3.23B$2.20B25xas long as short
Extended ETH-USD+0.0104%1h2,762−0.005%$31.5M$75.6M50xas long as short
Orderly PERP_ETH_USDC+0.0113%8h2,765.4+0.118%$32.5M$11.1M100xas long as short
Kalshi KXETHPERP+0.0128%8h2,763.2+0.037%$8.6M$642.9M4.9xas long as short
Coinbase International ETH-PERP-INTX+0.0128%1h2,764.1+0.069%$59.6M$4.57B50xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,763.6+0.051%$278K$1.5M20xas long as short
BloFin ETH-USDTlong+0.0154%8h2,762.2long leg$292.7M$186.8M150x
Kraken Futures PF_ETHUSD+0.0163%1h2,763.7+0.057%$85.4M$322.1M100xas long as short
Reya ETHRUSDPERP+0.0226%1h2,761.6−0.020%$7.5M$936K25xas long as short