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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.016%
Price spread now: OKX against HTX−0.008%7-day average +0.006% · 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−$24as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Long on HTXShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.008%, 7d avg +0.006%
Together, before fees+0.106%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,7430.0100pay 0.0100% / 8h5h 13m$1.06B$1.17B200x
ShortOKX ETH-USDT-SWAP2,742.70.0067get 0.0067% / 8h5h 13m$1.71B$10.55B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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
−$6.83
Price spread: −0.008% → +0.006%
−$1.38
Slippage, 4 orders
−$0.29
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$30.49
Costs to cover
0.223%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; OKX: live order book, 1 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 HTX live order book, 1 min ago0.02 bp6.0 bp −$66.0 bp −$606.3 bp −$6268.9 bp −$4,444
Sell OKX live order book, 1 min ago0.02 bp5.2 bp −$56.0 bp −$607.0 bp −$7038.9 bp −$4,434

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
Hotstuff ETH-PERP−0.0080%1h2,744.5+0.056%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,746.8+0.140%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743.9+0.035%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,744.6+0.058%$10.8M$41.7M50xas long as short
Perpl ETH0.0000%43m2,743.9+0.034%$305K$5.6M8.3xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,744.1+0.041%$25.1M—200xas long as short
Phoenix ETH+0.0017%1h2,746.8+0.140%$848K$2.9M25xas long as short
01 Exchange ETHUSD+0.0024%1h2,744.8+0.067%$182K$836K50xas long as short
ApeX Omni ETHUSDT+0.0042%1h2,745.9+0.108%$8.8M$30.7M100xas long as short
BingX ETH-USDT+0.0053%8h2,742.7−0.009%—$1.14B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAPshort+0.0067%8h2,742.7−0.008%$1.71B$10.55B100x
KuCoin ETHUSDTM+0.0070%8h2,743.8+0.030%$381.8M$575.4M100xas long as short
Bullet ETH-USD+0.0074%1h2,743.6+0.024%$182K$1.7M20xas long as short
RISEx ETH/USDC+0.0077%1h2,744.9+0.070%$5.6M$11.4M25xas long as short
SoDEX ETH-USD+0.0089%1h2,743+0.001%$54.6M$187.6M40xas long as short
Aster ETHUSDT+0.0089%8h2,743.3+0.013%$253.8M$840.8M200xas long as short
Lighter ETH+0.0096%1h2,743.3+0.012%$112.9M$435.5M50xas long as short
Lighter RH ETH+0.0096%1h2,744.4+0.052%$24.6M$104.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,743.8+0.032%—$30.4M500xas long as short
MEXC ETH_USDT+0.0096%8h2,742.5−0.017%$1.56B$2.55B500xas long as short
Aevo ETH-PERP+0.0096%1h2,743.6+0.025%$4.9M$154K20xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,744.8+0.068%$57.2M$4.25B50xas long as short
Binance ETHUSDT+0.0097%8h2,742.7−0.010%$6.38B$15.67B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,748.5+0.203%$16.0M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,744.4+0.052%$467K$3.1M50xas long as short
Nado ETH-PERP+0.0100%1h2,744.3+0.048%$13.9M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,745+0.074%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,745.3+0.085%$31.7M$334.5M50xas long as short
Bybit ETHUSDT+0.0100%8h2,742.8−0.006%$2.45B$4.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,743.3+0.012%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,744.7+0.064%$2.8M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,746.6+0.132%$165.7M$303.2M25xas long as short
Gate ETH_USDT+0.0100%8h2,7430.000%$3.39B$8.77B200xas long as short
Bitget ETHUSDT+0.0100%8h2,742.9−0.004%$2.08B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,742.5−0.016%$15.0M$39.4M50xas long as short
Variational Omni ETH+0.0100%8h2,746.6+0.133%$133.5M$325.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,745.6+0.095%$182.5M$673.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,746.7+0.135%$159.7M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,745.8+0.104%$21.2M$67.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,745.4+0.088%—$815K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,745.5+0.093%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,744.9+0.071%$41.5M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,743.2+0.008%$962K$11.5M100xas long as short
HTX ETH-USDTlong+0.0100%8h2,743long leg$1.06B$1.17B200x
Phemex ETHUSDT+0.0100%8h2,743+0.003%$266.6M$64.9M150xas long as short
Extended ETH-USD+0.0104%1h2,742.1−0.032%$30.7M$72.0M50xas long as short
Aftermath Perps ETHUSD+0.0130%1h2,745.7+0.098%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0159%8h2,744.5+0.056%$7.8M$670.3M4.9xas long as short
Deribit ETH-PERPETUAL+0.0166%1h2,744.6+0.058%$259.8M$195.6M50xas long as short
Orderly PERP_ETH_USDC+0.0194%8h2,745.4+0.089%$32.3M$11.4M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,743.9+0.035%$86.6M$310.2M100xas long as short
Reya ETHRUSDPERP+0.0228%1h2,743.9+0.034%$7.3M$1.2M25xas long as short
BloFin ETH-USDT+0.0246%8h2,743+0.002%$285.6M$180.9M150xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,745.6+0.095%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.0439%1h2,744+0.037%$21K$20K25xas long as short