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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC−0.0045%/8h
next payment, per $10,000$0.45paid, last 24h−0.009%paid, last 7 days−0.005%to open and close $10k−$24
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ETHUSDT2,748.30.0100pay 0.0100% / 8h6h 22m$2.51B$4.34B150x
ShortPhemex ETHUSDT2,7470.0055get 0.0055% / 8h6h 22m$264.9M$65.6M150x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$9.42
Slippage, 4 orders
−$0.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$32.99
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Phemex: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.048%
Avg gap 7d
−0.002%
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 Bybit live order book, 3 min ago0.02 bp5.5 bp −$65.7 bp −$577.4 bp −$7379.2 bp −$4,610
Sell Phemex live order book, 3 min ago0.02 bp6.0 bp −$69.1 bp −$9112.8 bp −$1,278doesn't fit

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0447%43m$332K$6.2M8.3xas long as short
Injective ETH/USDC PERP−0.0275%1h$118K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0043%1h$8.1M$27.9M100xas long as short
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.9M200xas long as short
SoDEX ETH-USD−0.0009%1h$55.4M$161.9M40xas long as short
dYdX ETH-USD−0.0005%1h$13.7M$37.4M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.2M200xas long as short
01 Exchange ETHUSD+0.0008%1h$180K$1.2M50xas long as short
BingX ETH-USDT+0.0010%8h$1.08Bas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bulk ETH-USD+0.0011%1h$159.4M$270.1M25xas long as short
OKX ETH-USDT-SWAP+0.0013%8h$1.73B$10.92B100xas long as short
MEXC ETH_USDT+0.0055%8h$1.55B$2.43B500xas long as short
Phemex ETHUSDTshort+0.0055%8h$264.9M$65.6M150x
Binance ETHUSDT+0.0055%8h$6.53B$15.73B150xas long as short
Aevo ETH-PERP+0.0056%1h$5.0M$683K20xas long as short
Gate ETH_USDT+0.0076%8h$3.39B$8.89B200xas long as short
Phoenix ETH+0.0078%1h$1.3M$2.2M25xas long as short
Bitget ETHUSDT+0.0084%8h$2.11B$2.97B150xas long as short
Bullet ETH-USD+0.0084%1h$195K$1.8M20xas long as short
HTX ETH-USDT+0.0094%8h$1.08B$1.17B200xas long as short
Lighter ETH+0.0096%1h$115.8M$495.0M50xas long as short
Lighter RH ETH+0.0096%1h$25.3M$119.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$43.4M500xas long as short
Extended ETH-USD+0.0096%1h$31.8M$74.8M50xas long as short
Deribit ETH-PERPETUAL+0.0096%1h$258.5M$204.0M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h$14.7M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h$488K$2.2M50xas long as short
Nado ETH-PERP+0.0100%1h$17.6M$110.4M50xas long as short
Aster ETHUSDT+0.0100%8h$269.3M$925.0M200xas long as short
Pacifica ETH+0.0100%1h$31.1M$234.2M50xas long as short
Bybit ETHUSDTlong+0.0100%8h$2.51B$4.34B150x
Ondo Perps ETH-USD.P+0.0100%1h$2.9M$14.8M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.0M25xas long as short
KuCoin ETHUSDTM+0.0100%8h$439.6M$676.8M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.4M$40.3M50xas long as short
Variational Omni ETH+0.0100%8h$145.3M$311.0Mas long as short
edgeX ETHUSDC+0.0100%4h$178.4M$744.3M100xas long as short
StandX ETH-USD+0.0100%1h$21.1M$51.5M40xas long as short
Vest ETH-PERP+0.0100%1h$1.0M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$5.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h$21K$26K25xas long as short
Derive ETH-PERP+0.0100%1h$42.4M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h$962K$14.2M100xas long as short
RISEx ETH/USDC+0.0105%1h$5.8M$12.0M25xas long as short
Hyperliquid ETH+0.0126%1h$3.24B$2.09B25xas long as short
Coinbase International ETH-PERP-INTX+0.0136%1h$59.5M$4.55B50xas long as short
Kalshi KXETHPERP+0.0143%8h$9.6M$592.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0159%8h$32.3M$10.6M100xas long as short
BloFin ETH-USDT+0.0175%8h$292.4M$173.0M150xas long as short
Reya ETHRUSDPERP+0.0192%1h$7.3M$907K25xas long as short
Kraken Futures PF_ETHUSD+0.0208%1h$84.7M$318.6M100xas long as short
Hibachi ETH/USDT-P+0.0224%1h$282K$1.4M20xas long as short
Aftermath Perps ETHUSD+0.0249%1h$29K$20K20xas long as short