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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0045%/8h
paid, last 24h−0.012%paid, last 7 days−0.159%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ETH-PERP2,768.40.0145pay 0.0018% / 1h31m 11s$42.9M$27.7M15x
ShortBybit ETHUSDT2,763.60.0100get 0.0100% / 8h7h 31m$2.53B$4.47B150x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$9.54
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$26.54
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.176%
Avg gap 7d
−0.055%
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 Derive no order-book sample
Sell Bybit live order book, 4 min ago0.02 bp5.5 bp −$65.8 bp −$587.2 bp −$7199.0 bp −$4,490
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0447%43m$425K$6.2M8.3xas long as short
Phemex ETHUSDT−0.0138%8h$266.6M$66.8M150xas 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
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
ApeX Omni ETHUSDT+0.0034%1h$7.9M$28.0M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix ETH+0.0035%1h$1.4M$2.4M25xas long as short
01 Exchange ETHUSD+0.0056%1h$181K$1.2M50xas long as short
Bulk ETH-USD+0.0063%1h$157.8M$272.8M25xas long as short
HTX ETH-USDT+0.0066%8h$1.09B$1.20B200xas long as short
MEXC ETH_USDT+0.0077%8h$1.52B$2.45B500xas long as short
Bitget ETHUSDT+0.0077%8h$2.11B$3.16B150xas long as short
Binance ETHUSDT+0.0078%8h$6.58B$15.94B150xas long as short
Aevo ETH-PERP+0.0080%1h$5.0M$723K20xas long as short
Hibachi ETH/USDT-P+0.0088%1h$290K$1.3M20xas long as short
SunX ETH-USDT+0.0094%8h$953K$14.6M100xas long as short
Lighter ETH+0.0096%1h$117.0M$497.5M50xas long as short
Lighter RH ETH+0.0096%1h$25.3M$117.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$44.7M500xas long as short
Katana Perps ETH-USD+0.0100%8h$474K$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$112.4M50xas long as short
Aster ETHUSDT+0.0100%8h$274.0M$881.0M200xas long as short
Pacifica ETH+0.0100%1h$31.3M$219.7M50xas long as short
Bybit ETHUSDTshort+0.0100%8h$2.53B$4.47B150x
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$8.85B200xas 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$143.1M$309.1Mas long as short
edgeX ETHUSDC+0.0100%4h$178.7M$764.0M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$51.0M40xas 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
Vest ETH-PERP+0.0100%1h$1.1M50xas 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+0.0128%8h$10.2M$560.2M4.9xas long as short
Derive ETH-PERPlong+0.0145%1h$42.9M$27.7M15x
Deribit ETH-PERPETUAL+0.0155%1h$260.8M$215.2M50xas long as short
Reya ETHRUSDPERP+0.0172%1h$7.4M$964K25xas long as short
Orderly PERP_ETH_USDC+0.0192%8h$32.5M$10.9M100xas long as short
BloFin ETH-USDT+0.0198%8h$292.4M$176.9M150xas long as short
Kraken Futures PF_ETHUSD+0.0261%1h$87.0M$314.8M100xas long as short
Aftermath Perps ETHUSD+0.0276%1h$29K$27K20xas long as short
Hyperliquid ETH+0.0500%1h$3.32B$2.17B25xas long as short
Bluefin ETH-PERP+0.3315%1h$21K$26K25xas long as short