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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.03 per $10,000 · paid last 24h +0.055%
Price spread now: Aftermath Perps against gTrade (Gains Network)−0.004%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ETH/USD2,777.9L +0.0006% / S −0.0006%pay 0.0001% / 1h17m 47s$22.4M200x
ShortAftermath Perps ETHUSD2,777.8−0.0014pay 0.0002% / 1h17m 47s$29K$22K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against gTrade (Gains Network). 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
−$4.24
Price spread: −0.004% → 0.000%
−$0.36
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$20.6
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Aftermath 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago0.54 bp4.1 bp −$44.1 bp −$415.0 bp −$5008.9 bp −$4,447
Sell Aftermath Perps no order-book sample
Aftermath 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−0.0447%43m2,776.6−0.047%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,776.3−0.058%$5.7M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.6+0.024%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.060%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,777.3−0.023%$169K$1.2M50xas long as short
Aftermath Perps ETHUSDshort−0.0014%1h2,777.8−0.004%$29K$22K20x
dYdX ETH-USD0.0000%1h2,777.1−0.030%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,779.6+0.060%$886K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDlongL +0.0006% / S −0.0006%1h2,777.9long leg$22.4M200x
BingX ETH-USDT+0.0017%8h2,776.5−0.053%$1.18Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0019%8h2,777.3−0.023%$270.1M$68.6M150xas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,775.7−0.082%$1.70B$11.87B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.8−0.003%$13.0M200xas long as short
Bullet ETH-USD+0.0039%1h2,777−0.032%$181K$1.7M20xas long as short
Aster ETHUSDT+0.0039%8h2,776.6−0.046%$256.6M$991.8M200xas long as short
Nado ETH-PERP+0.0059%1h2,776.8−0.040%$14.2M$118.2M50xas long as short
Deribit ETH-PERPETUAL+0.0060%1h2,778.8+0.033%$258.4M$222.3M50xas long as short
Aevo ETH-PERP+0.0064%1h2,775.5−0.086%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0065%8h2,776−0.071%$1.62B$2.67B500xas long as short
Binance ETHUSDT+0.0066%8h2,776−0.071%$6.44B$17.21B150xas long as short
Bitget ETHUSDT+0.0069%8h2,775.9−0.072%$2.10B$3.10B150xas long as short
ApeX Omni ETHUSDT+0.0073%1h2,780.3+0.084%$8.8M$32.6M100xas long as short
Gate ETH_USDT+0.0073%8h2,776.6−0.049%$3.29B$9.65B200xas long as short
SoDEX ETH-USD+0.0078%1h2,777.3−0.023%$55.3M$228.9M40xas long as short
Bybit ETHUSDT+0.0093%8h2,775.9−0.073%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0095%8h2,776.6−0.047%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,776.4−0.057%$115.2M$502.1M50xas long as short
Lighter RH ETH+0.0096%1h2,778+0.002%$25.4M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.1+0.042%$41.6M500xas long as short
KuCoin ETHUSDTM+0.0098%8h2,775.8−0.077%$422.7M$739.6M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,775.5−0.086%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.9−0.037%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,778.7+0.028%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,776.3−0.059%$31.3M$302.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777.1−0.030%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,778+0.003%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.035%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.6−0.048%$15.2M$44.3M50xas long as short
Variational Omni ETH+0.0100%8h2,778.6+0.025%$136.7M$326.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,779.6+0.062%$181.9M$783.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,780.8+0.104%$161.7M$91.5M50xas long as short
StandX ETH-USD+0.0100%1h2,779+0.039%$21.5M$58.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,777.6−0.011%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,778.2+0.010%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.4−0.020%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.3+0.051%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776−0.070%$974K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,775.6−0.084%$32.6M$77.8M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,778.6+0.024%$60.0M$4.61B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,778.1+0.006%$8.4M$679.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,779.8+0.067%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,778.4+0.016%$86.1M$332.4M100xas long as short
BloFin ETH-USDT+0.0185%8h2,776.9−0.037%$283.9M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0193%1h2,776.7−0.044%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,779.1+0.042%$271K$1.5M20xas long as short