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

ETH

all ETH markets
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Funding spread now, next payment 17:00 UTC+0.0109%/8h
next payment, per $10,000+$0.14paid, last 24h+0.020%paid, last 3 days+0.004%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ETH/USD [ETH-USDC]2,759.5L −0.0013% / S +0.0045%get 0.0002% / 1h13m 45s$11.8M200x
ShortLighter ETH2,758.80.0096get 0.0012% / 1h13m 45s$116.5M$503.9M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$22.89
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$10.89
Break-even
3.7 days
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.023%
Avg gap 7d
−0.001%
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 GMX no order-book sample
Sell Lighter live order book, 7 min ago0.18 bp0.4 bp $01.2 bp −$121.7 bp −$1695.5 bp −$2,737
GMX: 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$431K$6.2M8.3xas 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]longL −0.0013% / S +0.0045%1h$11.8M200x
HTX ETH-USDT−0.0006%8h$1.09B$1.19B200xas long as short
dYdX ETH-USD+0.0001%1h$16.1M$34.3M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.3M200xas long as short
Deribit ETH-PERPETUAL+0.0011%1h$259.4M$208.8M50xas long as short
OKX ETH-USDT-SWAP+0.0013%8h$1.72B$11.10B100xas long as short
SoDEX ETH-USD+0.0030%1h$55.6M$161.9M40xas 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+0.0040%1h$180K$1.2M50xas long as short
SunX ETH-USDT+0.0041%8h$950K$14.5M100xas long as short
Bulk ETH-USD+0.0056%1h$160.5M$277.4M25xas long as short
MEXC ETH_USDT+0.0070%8h$1.52B$2.51B500xas long as short
Binance ETHUSDT+0.0070%8h$6.56B$15.84B150xas long as short
Aevo ETH-PERP+0.0072%1h$5.0M$718K20xas long as short
Bitget ETHUSDT+0.0079%8h$2.11B$3.10B150xas long as short
ApeX Omni ETHUSDT+0.0082%1h$8.1M$27.9M100xas long as short
Lighter ETHshort+0.0096%1h$116.5M$503.9M50x
Lighter RH ETH+0.0096%1h$25.3M$119.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$43.9M500xas long as short
Phemex ETHUSDT+0.0098%8h$265.8M$66.5M150xas long as short
Paradex ETH-USD-PERP+0.0100%8h$15.0M$11.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h$464K$2.1M50xas long as short
Nado ETH-PERP+0.0100%1h$18.0M$110.8M50xas long as short
Aster ETHUSDT+0.0100%8h$275.6M$876.9M200xas long as short
Pacifica ETH+0.0100%1h$31.3M$223.9M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.53B$4.38B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$2.9M$14.7M25xas long as short
Arcus ETH-USD+0.0100%1h$2.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h$3.45B$9.00B200xas long as short
KuCoin ETHUSDTM+0.0100%8h$426.4M$678.4M100xas long as short
BingX ETH-USDT+0.0100%8h$1.12Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$39.3M50xas long as short
Variational Omni ETH+0.0100%8h$144.9M$312.5Mas long as short
edgeX ETHUSDC+0.0100%4h$178.4M$765.9M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$51.3M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$5.4M50xas long as short
Bullet ETH-USD+0.0100%1h$200K$1.8M20xas long as short
Derive ETH-PERP+0.0100%1h$42.8M$29.5M15xas long as short
Vest ETH-PERP+0.0100%1h$1.1M50xas long as short
Extended ETH-USD+0.0104%1h$31.9M$75.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h$59.7M$4.68B50xas long as short
RISEx ETH/USDC+0.0122%1h$5.8M$12.8M25xas long as short
Hibachi ETH/USDT-P+0.0128%1h$283K$1.4M20xas long as short
Kalshi KXETHPERP+0.0139%8h$10.3M$567.9M4.9xas long as short
Reya ETHRUSDPERP+0.0177%1h$7.4M$957K25xas long as short
Orderly PERP_ETH_USDC+0.0182%8h$32.4M$10.8M100xas long as short
BloFin ETH-USDT+0.0190%8h$295.5M$173.9M150xas long as short
Kraken Futures PF_ETHUSD+0.0262%1h$85.0M$317.8M100xas long as short
Aftermath Perps ETHUSD+0.0310%1h$29K$20K20xas long as short
Hyperliquid ETH+0.0427%1h$3.30B$2.13B25xas long as short
Bluefin ETH-PERP+0.1886%1h$21K$26K25xas long as short