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+0.0010%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: RISEx against Jupiter Perps−0.012%7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Jupiter PerpsShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.012%, 7d avg +0.004%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps ETH-PERP2,725.4L +0.0104% / S +0.0056%pay 0.0013% / 1h14m 12s—$30.2M500x
ShortRISEx ETH/USDC2,725.10.0114get 0.0014% / 1h14m 12s$5.6M$11.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Jupiter Perps. 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
$2.01
Price spread: −0.012% → +0.004%
−$1.56
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$17.55
Costs to cover
0.180%
Break-even
68.1 days
Slippage unknown: Jupiter Perps: no order-book sample; RISEx: live order book, 5 min ago. 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 Jupiter Perps no order-book sample—————
Sell RISEx live order book, 5 min ago0.02 bp3.0 bp −$33.5 bp −$35doesn't fitdoesn't fit
Jupiter 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%43m2,724.3−0.041%$274K$5.7M8.3xas long as short
BloFin ETH-USDT−0.0182%8h2,724−0.052%$280.9M$177.4M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,724.3−0.041%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,727+0.058%$809K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,724.5−0.034%$11.9M—200xas long as short
dYdX ETH-USD0.0000%1h2,724.9−0.019%$10.5M$41.8M50xas long as short
Kalshi KXETHPERP0.0000%8h2,725.3−0.005%$6.9M$677.0M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,725.8+0.012%$263.6M$214.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,725.3−0.004%$32.9M—200xas long as short
BingX ETH-USDC+0.0016%8h2,724.8−0.023%—$18.7M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0021%8h2,725.4−0.002%$2.31B$4.33B150xas long as short
01 Exchange ETHUSD+0.0032%1h2,725−0.016%$190K$883K50xas long as short
HTX ETH-USDT+0.0033%8h2,724.6−0.030%$1.05B$1.22B200xas long as short
Injective ETH/USDC PERP+0.0050%1h2,729.7+0.157%$117K$21.9M52xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,725.6+0.007%$81.8M$310.6M100xas long as short
Hibachi ETH/USDT-P+0.0064%1h2,725.3−0.006%$242K$1.4M20xas long as short
ApeX Omni ETHUSDT+0.0068%1h2,726.3+0.032%$8.5M$31.4M100xas long as short
OKX ETH-USDT-SWAP+0.0073%8h2,725.40.000%$1.65B$10.78B100xas long as short
KuCoin ETHUSDTM+0.0076%8h2,725.7+0.010%$382.9M$577.0M100xas long as short
Aster ETHUSDT+0.0080%8h2,725.2−0.007%$252.5M$848.7M200xas long as short
Aevo ETH-PERP+0.0088%1h2,722.7−0.099%$4.9M$175K20xas long as short
MEXC ETH_USDT+0.0090%8h2,725.5+0.002%$1.58B$2.59B500xas long as short
Binance ETHUSDT+0.0091%8h2,725.5+0.002%$6.30B$16.10B150xas long as short
Lighter ETH+0.0096%1h2,725.7+0.008%$112.3M$433.2M50xas long as short
Lighter RH ETH+0.0096%1h2,726.8+0.052%$23.4M$102.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,724.5−0.034%$499K$3.6M50xas long as short
Phemex ETHUSDT+0.0100%8h2,725.1−0.013%$262.5M$64.3M150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,729.9+0.165%$15.4M$7.5M50xas long as short
Nado ETH-PERP+0.0100%1h2,724.2−0.043%$14.1M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,727.6+0.080%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,725.9+0.017%$32.1M$333.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,724.4−0.038%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,724.9−0.018%$1.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,725.5+0.001%$3.30B$8.94B200xas long as short
Bitget ETHUSDT+0.0100%8h2,725.5+0.004%$2.11B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,725.5+0.001%$15.0M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,724.1−0.047%$133.8M$316.4M—as long as short
edgeX ETHUSDC+0.0100%4h2,725.4+0.001%$185.4M$683.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,726.9+0.055%$158.5M$82.0M50xas long as short
StandX ETH-USD+0.0100%1h2,725−0.016%$20.9M$69.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,726.3+0.033%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,726+0.021%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,724.7−0.026%$194K$1.7M20xas long as short
Derive ETH-PERP+0.0100%1h2,726.7+0.045%$40.7M$29.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,724.1−0.050%$955K$10.7M100xas long as short
SoDEX ETH-USD+0.0100%1h2,725−0.016%$54.3M$182.7M40xas long as short
Bulk ETH-USD+0.0100%1h2,726.7+0.048%$161.2M$356.8M25xas long as short
Aftermath Perps ETHUSD+0.0102%1h2,725.40.000%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,724.4−0.036%$30.4M$71.5M50xas long as short
Jupiter Perps ETH-PERPlongL +0.0104% / S +0.0056%1h2,725.4long leg—$30.2M500x
Coinbase International ETH-PERP-INTX+0.0112%1h2,726.6+0.043%$46.6M$4.27B50xas long as short
RISEx ETH/USDCshort+0.0114%1h2,725.1−0.012%$5.6M$11.7M25x
Reya ETHRUSDPERP+0.0179%1h2,722.9−0.091%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0185%8h2,727.5+0.078%$32.2M$11.2M100xas long as short
Bluefin ETH-PERP+0.0308%1h2,725.5+0.001%$20K$23K25xas long as short