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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0028%/8h
next payment, per $10,000$0.04paid, last 24h−0.006%paid, last 3 days+0.097%to open and close $10k−$16
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ETH-USD2,755.80.0063pay 0.0008% / 1h29m 08s$157.8M$272.8M25x
ShortPhoenix ETH2,757.20.0035get 0.0004% / 1h29m 08s$1.4M$2.4M25x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$5.97
Slippage, 4 orders
−$1.51
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$21.47
Break-even
never at this rate
Slippage from Bulk: live order book, 1 min ago; Phoenix: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.052%
Avg gap 7d
+0.091%
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 Bulk live order book, 1 min ago0.02 bp3.5 bp −$43.5 bp −$354.6 bp −$4595.8 bp −$2,883
Sell Phoenix live order book, 1 min ago0.18 bp4.2 bp −$47.6 bp −$7616.6 bp −$1,662doesn't fit

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0447%43m$421K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0054%1h$118K$22.5M52xas long as short
Phemex ETHUSDT−0.0031%8h$266.6M$66.8M150xas long as short
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.8M200xas long as short
dYdX ETH-USD0.0000%1h$16.6M$34.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0013%8h$1.72B$11.29B100xas long as short
SoDEX ETH-USD+0.0029%1h$55.8M$161.9M40xas long as short
Phoenix ETHshort+0.0035%1h$1.4M$2.4M25x
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange ETHUSD+0.0056%1h$181K$1.2M50xas long as short
HTX ETH-USDT+0.0058%8h$1.09B$1.20B200xas long as short
Bulk ETH-USDlong+0.0063%1h$157.8M$272.8M25x
MEXC ETH_USDT+0.0077%8h$1.53B$2.46B500xas long as short
Bitget ETHUSDT+0.0078%8h$2.11B$3.16B150xas long as short
Binance ETHUSDT+0.0078%8h$6.59B$15.93B150xas long as short
SunX ETH-USDT+0.0079%8h$951K$14.6M100xas long as short
Aevo ETH-PERP+0.0080%1h$5.0M$723K20xas long as short
ApeX Omni ETHUSDT+0.0087%1h$8.0M$27.9M100xas long as short
Lighter ETH+0.0096%1h$117.0M$497.7M50xas long as short
Lighter RH ETH+0.0096%1h$25.4M$117.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$44.7M500xas long as short
Hibachi ETH/USDT-P+0.0096%1h$291K$1.3M20xas long as short
Katana Perps ETH-USD+0.0100%8h$472K$2.2M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h$15.0M$11.7M50xas long as short
Nado ETH-PERP+0.0100%1h$17.8M$111.8M50xas long as short
Aster ETHUSDT+0.0100%8h$276.5M$886.6M200xas long as short
Pacifica ETH+0.0100%1h$31.3M$221.5M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.53B$4.47B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$3.0M$14.9M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.1M25xas long as short
Gate ETH_USDT+0.0100%8h$3.47B$8.87B200xas long as short
KuCoin ETHUSDTM+0.0100%8h$410.3M$688.3M100xas long as short
BingX ETH-USDC+0.0100%8h$16.9Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$39.5M50xas long as short
Variational Omni ETH+0.0100%8h$145.4M$312.0Mas long as short
edgeX ETHUSDC+0.0100%4h$179.1M$765.5M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$51.0M40xas long as short
Vest ETH-PERP+0.0100%1h$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.8M$5.5M50xas long as short
Bullet ETH-USD+0.0100%1h$199K$1.9M20xas long as short
Extended ETH-USD+0.0104%1h$31.7M$78.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h$60.5M$4.75B50xas long as short
RISEx ETH/USDC+0.0122%1h$5.8M$13.1M25xas long as short
Kalshi KXETHPERP+0.0129%8h$10.2M$560.9M4.9xas long as short
Deribit ETH-PERPETUAL+0.0140%1h$260.8M$213.0M50xas long as short
Derive ETH-PERP+0.0145%1h$42.9M$27.7M15xas long as short
Reya ETHRUSDPERP+0.0172%1h$7.4M$964K25xas long as short
Orderly PERP_ETH_USDC+0.0190%8h$32.5M$10.9M100xas long as short
BloFin ETH-USDT+0.0198%8h$291.7M$177.0M150xas long as short
Kraken Futures PF_ETHUSD+0.0261%1h$87.0M$314.8M100xas long as short
Aftermath Perps ETHUSD+0.0279%1h$29K$23K20xas long as short
Hyperliquid ETH+0.0491%1h$3.32B$2.17B25xas long as short
Bluefin ETH-PERP+0.3068%1h$21K$26K25xas long as short