ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Aevo against Bullet−0.051%7-day average −0.057% · 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−$50as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on Bullet Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.024%+$2 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.051%, 7d avg −0.057%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet ETH-USD	2,741.6	0.0100	pay 0.0013% / 1h	8m 14s	$176K	$1.6M	20x
Short	Aevo ETH-PERP	2,740.2	0.0096	get 0.0012% / 1h	8m 14s	$4.9M	$271K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bullet. 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

Position, each leg$Hold fordaysFee BulletbpFee AevobpOrdersPrice spread, now −0.051%Rate

Funding earned: −$0.84
Price spread: −0.051% → −0.057%: $0.62
Slippage, 4 orders: −$26.17
Fee Bullet: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$50.39
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from Bullet: live order book, 4 min ago; Aevo: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bullet live order book, 4 min ago	0.18 bp	4.9 bp −$5	8.5 bp −$85	doesn't fit	doesn't fit
Sell Aevo live order book, 4 min ago	3.81 bp	19.6 bp −$20	26.7 bp −$267	72.2 bp −$7,220	doesn't fit

ETH on 55 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff ETH-PERP	−0.0080%	1h	2,743.5	+0.068%	$5K	$1K	50x	as long as short
Hibachi ETH/USDT-P	−0.0064%	1h	2,744.2	+0.092%	$228K	$1.2M	20x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0009% / S +0.0043%	1h	2,741.9	+0.011%	$12.2M	—	200x	as long as short
Phoenix ETH	−0.0009%	1h	2,743.7	+0.075%	$818K	$2.8M	25x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,742.4	+0.027%	$7.1M	$659.6M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,741.8	+0.004%	$264K	$4.9M	8.3x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,742	+0.013%	$33.1M	—	200x	as long as short
01 Exchange ETHUSD	+0.0032%	1h	2,742.1	+0.017%	$183K	$916K	50x	as long as short
Bybit ETHUSDT	+0.0054%	8h	2,741.8	+0.007%	$2.37B	$3.74B	150x	as long as short
Deribit ETH-PERPETUAL	+0.0064%	1h	2,742.9	+0.044%	$267.6M	$179.6M	50x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ETHUSDT	+0.0072%	1h	2,742.2	+0.022%	$8.2M	$24.1M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0080%	8h	2,741.9	+0.009%	$1.67B	$8.90B	100x	as long as short
SoDEX ETH-USD	+0.0090%	1h	2,741.7	+0.002%	$61.7M	$121.5M	40x	as long as short
MEXC ETH_USDT	+0.0093%	8h	2,741.6	−0.002%	$1.58B	$2.33B	500x	as long as short
dYdX ETH-USD	+0.0093%	1h	2,742.5	+0.030%	$15.2M	$42.2M	50x	as long as short
Binance ETHUSDT	+0.0094%	8h	2,741.8	+0.004%	$6.41B	$13.50B	150x	as long as short
KuCoin ETHUSDTM	+0.0095%	8h	2,741.7	+0.003%	$379.2M	$427.4M	100x	as long as short
Lighter ETH	+0.0096%	1h	2,742.1	+0.017%	$113.3M	$388.8M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,743.5	+0.068%	$23.7M	$95.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,742.8	+0.042%	—	$23.4M	500x	as long as short
Aevo ETH-PERPshort	+0.0096%	1h	2,740.2	−0.051%	$4.9M	$271K	20x
Katana Perps ETH-USD	+0.0100%	8h	2,741.6	−0.002%	$469K	$3.6M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,743.8	+0.079%	$14.9M	$93.1M	50x	as long as short
Aster ETHUSDT	+0.0100%	8h	2,742.1	+0.015%	$253.0M	$696.6M	200x	as long as short
Pacifica ETH	+0.0100%	1h	2,742.7	+0.038%	$32.0M	$319.5M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,741.5	−0.005%	$2.8M	$14.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,742.8	+0.042%	$1.6M	$14.3M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,745.1	+0.126%	$164.8M	$316.4M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,742.2	+0.019%	$3.26B	$7.69B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,741.9	+0.010%	$2.11B	$2.24B	150x	as long as short
BingX ETH-USDT	+0.0100%	8h	2,741.8	+0.007%	—	$934.8M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,742.9	+0.044%	$15.1M	$34.9M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,741.7	+0.003%	$134.2M	$272.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,744	+0.084%	$184.6M	$546.5M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,743.1	+0.052%	$159.4M	$70.2M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,743.9	+0.082%	$21.0M	$79.0M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,743.4	+0.062%	—	$319K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,743	+0.049%	$11.2M	$8.5M	50x	as long as short
Bullet ETH-USDlong	+0.0100%	1h	2,741.6	long leg	$176K	$1.6M	20x
Bluefin ETH-PERP	+0.0100%	1h	2,744.4	+0.099%	$20K	$7K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,743.2	+0.056%	$40.9M	$24.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,741.3	−0.012%	$946K	$7.9M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,741.8	+0.004%	$1.05B	$970.8M	200x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,741.8	+0.004%	$262.8M	$56.9M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,740.8	−0.029%	$30.2M	$63.5M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,742.8	+0.044%	$48.2M	$3.86B	50x	as long as short
Aftermath Perps ETHUSD	+0.0115%	1h	2,743.7	+0.074%	$30K	$8K	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0120%	1h	2,742.3	+0.023%	$82.7M	$263.2M	100x	as long as short
Reya ETHRUSDPERP	+0.0138%	1h	2,740.7	−0.036%	$7.3M	$854K	25x	as long as short
Hyperliquid ETH	+0.0146%	1h	2,745	+0.122%	$3.16B	$1.62B	25x	as long as short
Orderly PERP_ETH_USDC	+0.0194%	8h	2,743.9	+0.081%	$32.4M	$9.8M	100x	as long as short
RISEx ETH/USDC	+0.0342%	1h	2,742.5	+0.033%	$5.7M	$10.5M	25x	as long as short
BloFin ETH-USDT	+0.0377%	8h	2,743.6	+0.073%	$285.0M	$144.6M	150x	as long as short
Paradex ETH-USD-PERP	+0.0385%	8h	2,744.3	+0.098%	$15.8M	$6.0M	50x	as long as short
Injective ETH/USDC PERP	+0.0477%	1h	2,741.8	+0.006%	$118K	$25.4M	52x	as long as short