Settings8H · net · $10k
Funding arb · Price arb /

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Extended+0.025%7-day average +0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.306%−$31 · spread now +0.025%, 7d avg +0.024%
Together, before fees−0.311%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,768.70.0104pay 0.0013% / 1h5m 50s$31.4M$75.4M50x
ShortOndo Perps ETH-USD.P2,769.40.0100get 0.0013% / 1h5m 50s$2.9M$16.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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: +0.025% → +0.024%
$0.13
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$10.71
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 bp2.7 bp −$32.7 bp −$274.2 bp −$42212.8 bp −$6,379
Sell Ondo Perps no order-book sample
Ondo Perps: 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 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%43m2,769.5+0.030%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.270%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770+0.046%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,770.2+0.054%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,772.2+0.126%$885K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,769.7+0.037%$5.7M$11.9M25xas long as short
dYdX ETH-USD0.0000%1h2,770.4+0.059%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0003%1h2,773+0.155%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.1+0.050%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,768.9+0.006%$1.71B$11.88B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,769.9+0.045%$13.2M200xas long as short
Phemex ETHUSDT+0.0030%8h2,769.9+0.044%$266.8M$66.0M150xas long as short
ApeX Omni ETHUSDT+0.0031%1h2,770.9+0.077%$8.7M$32.6M100xas long as short
Aster ETHUSDT+0.0034%8h2,769+0.010%$256.1M$995.7M200xas long as short
BingX ETH-USDC+0.0034%8h2,769.2+0.019%$17.3Mas long as short
Deribit ETH-PERPETUAL+0.0035%1h2,771.3+0.093%$258.5M$225.1M50xas long as short
Aevo ETH-PERP+0.0048%1h2,767.6−0.041%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0051%8h2,769.4+0.026%$1.59B$2.69B500xas long as short
Binance ETHUSDT+0.0051%8h2,769.3+0.022%$6.43B$17.23B150xas long as short
Bitget ETHUSDT+0.0075%8h2,769+0.010%$2.10B$3.13B150xas long as short
Gate ETH_USDT+0.0076%8h2,769.3+0.022%$3.28B$9.70B200xas long as short
Bullet ETH-USD+0.0078%1h2,769+0.011%$184K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,770.2+0.053%$114.6M$515.7M50xas long as short
Lighter RH ETH+0.0096%1h2,771.6+0.103%$25.3M$123.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,771+0.083%$41.8M500xas long as short
Variational Omni ETH+0.0097%8h2,770.2+0.055%$140.7M$320.5Mas long as short
HTX ETH-USDT+0.0098%8h2,769.4+0.026%$1.08B$1.32B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,769.2+0.017%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.2+0.054%$485K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,769.2+0.018%$15.2M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.2+0.090%$3.19B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,770.2+0.054%$31.2M$291.4M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.2+0.016%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.Pshort+0.0100%1h2,769.4+0.025%$2.9M$16.6M25x
Arcus ETH-USD+0.0100%1h2,771.6+0.104%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6+0.067%$164.9M$252.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,769.3+0.022%$421.8M$742.3M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.7+0.037%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,770.8+0.077%$179.5M$782.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.4+0.099%$161.2M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,773+0.155%$21.4M$57.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.7+0.072%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.6+0.067%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.1+0.121%$42.6M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,768.9+0.006%$971K$14.1M100xas long as short
SoDEX ETH-USD+0.0100%1h2,769.7+0.036%$55.1M$228.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,770.3+0.058%$1.1M50xas long as short
Extended ETH-USDlong+0.0104%1h2,768.7long leg$31.4M$75.4M50x
Coinbase International ETH-PERP-INTX+0.0104%1h2,771.3+0.094%$59.9M$4.62B50xas long as short
Kalshi KXETHPERP+0.0111%8h2,770.5+0.065%$8.5M$674.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,772.5+0.137%$32.5M$12.0M100xas long as short
BloFin ETH-USDT+0.0171%8h2,770+0.046%$285.8M$195.6M150xas long as short
Reya ETHRUSDPERP+0.0185%1h2,769.1+0.015%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,770.9+0.078%$86.1M$331.7M100xas long as short
Hibachi ETH/USDT-P+0.0464%1h2,772.8+0.148%$282K$1.5M20xas long as short