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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 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: BingX against Extended−0.001%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Long on ExtendedShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 7 days+0.021%+$2 · spread now −0.001%, 7d avg +0.007%
Together, before fees−0.075%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,775.90.0104pay 0.0013% / 1h21m 19s$31.4M$75.9M50x
ShortBingX ETH-USDC2,775.90.0100get 0.0100% / 8h2h 21m—$17.3M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: −0.001% → +0.007%
−$0.74
Slippage, 4 orders
−$1.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$17.98
Costs to cover
0.164%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.18 bp3.4 bp −$34.9 bp −$497.5 bp −$74817.1 bp −$8,544
Sell BingX live order book, 2 min ago0.16 bp5.2 bp −$55.2 bp −$525.7 bp −$5709.5 bp −$4,770

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−0.0112%43m2,776+0.003%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,775.7−0.008%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.5+0.021%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0056%1h2,778.2+0.082%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,773.4−0.090%$858K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,778+0.075%$5.8M$11.7M25xas long as short
Aftermath Perps ETHUSD−0.0001%1h2,774.7−0.043%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,778.6+0.097%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776.9+0.034%$22.4M—200xas long as short
Phemex ETHUSDT+0.0012%8h2,776.1+0.008%$267.3M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,776+0.003%$1.71B$11.92B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,776.8+0.030%$13.2M—200xas long as short
Aster ETHUSDT+0.0039%8h2,777.5+0.057%$257.0M$995.8M200xas long as short
ApeX Omni ETHUSDT+0.0039%1h2,776.7+0.027%$8.8M$32.6M100xas long as short
MEXC ETH_USDT+0.0048%8h2,775.7−0.009%$1.61B$2.68B500xas long as short
Aevo ETH-PERP+0.0048%1h2,775.8−0.004%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0049%8h2,776.1+0.006%$6.44B$17.23B150xas long as short
Gate ETH_USDT+0.0073%8h2,776.1+0.008%$3.29B$9.67B200xas long as short
Bitget ETHUSDT+0.0074%8h2,776.3+0.013%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0082%1h2,775.90.000%$183K$1.8M20xas long as short
Deribit ETH-PERPETUAL+0.0092%1h2,778.1+0.077%$258.5M$225.0M50xas long as short
Variational Omni ETH+0.0092%8h2,774.2−0.063%$140.6M$320.2M—as long as short
Lighter ETH+0.0096%1h2,779.1+0.114%$115.3M$514.3M50xas long as short
Lighter RH ETH+0.0096%1h2,780.4+0.161%$25.4M$122.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,776.8+0.032%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,778.3+0.085%$16.0M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.5+0.093%$489K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,777.6+0.059%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,778.7+0.100%$3.21B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,779+0.111%$31.3M$287.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,776.1+0.007%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777.6+0.061%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,779.9+0.142%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1+0.079%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,776+0.004%$423.0M$741.9M100xas long as short
BingX ETH-USDCshort+0.0100%8h2,775.9−0.001%—$17.3M—
Backpack ETH_USDC_PERP+0.0100%1h2,777.7+0.063%$15.4M$42.8M50xas long as short
edgeX ETHUSDC+0.0100%4h2,776.9+0.036%$178.5M$792.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,777+0.040%$161.6M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,777+0.039%$21.4M$57.7M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,778.9+0.108%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777+0.038%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.6+0.099%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.6+0.026%$974K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,776.2+0.010%$55.3M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,777.2+0.046%$1.08B$1.32B200xas long as short
Vest ETH-PERP+0.0100%1h2,778.1+0.078%—$1.1M50xas long as short
Extended ETH-USDlong+0.0104%1h2,775.9long leg$31.4M$75.9M50x
Coinbase International ETH-PERP-INTX+0.0104%1h2,778+0.074%$60.1M$4.63B50xas long as short
Kalshi KXETHPERP+0.0121%8h2,777.6+0.061%$8.6M$673.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0133%8h2,779.2+0.118%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0167%8h2,776.3+0.013%$285.2M$195.7M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,775.6−0.010%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,777.5+0.059%$86.6M$330.7M100xas long as short
Hibachi ETH/USDT-P+0.0440%1h2,779.2+0.118%$284K$1.5M20xas long as short