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−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.019%
Price spread now: OKX against Katana Perps−0.004%7-day average +0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Katana PerpsShort on OKX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.050%−$5 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.004%, 7d avg +0.033%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.037% cheaper against Katana Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ETH-USD2,735.10.0100pay 0.0100% / 8h1h 20m$511K$3.5M50x
ShortOKX ETH-USDT-SWAP2,7350.0085get 0.0085% / 8h1h 20m$1.65B$10.93B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Katana 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
−$3.1
Price spread: −0.004% → +0.033%
−$3.69
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$20.59
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; OKX: live order book, 4 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 Katana Perps no order-book sample—————
Sell OKX live order book, 4 min ago0.02 bp5.0 bp −$55.0 bp −$505.4 bp −$5377.2 bp −$3,602
Katana 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 54 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%43m2,733.3−0.065%$288K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,734.6−0.018%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,727.6−0.274%$117K$22.5M52xas long as short
ApeX Omni ETHUSDT−0.0023%1h2,731.6−0.129%$8.6M$31.6M100xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,734.5−0.021%$12.0M—200xas long as short
Phoenix ETH−0.0006%1h2,733.3−0.066%$813K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,733.9−0.044%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,734.6−0.018%$6.6M$685.7M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,735−0.002%$262.6M$214.4M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,735.1−0.001%$33.0M—200xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0016%1h2,735.2+0.004%$191K$891K50xas long as short
HTX ETH-USDT+0.0020%8h2,734.4−0.026%$1.05B$1.23B200xas long as short
BingX ETH-USDC+0.0025%8h2,734.6−0.018%—$18.6M—as long as short
Bybit ETHUSDT+0.0030%8h2,734.9−0.006%$2.34B$4.43B150xas long as short
KuCoin ETHUSDTM+0.0069%8h2,734.6−0.018%$374.8M$577.0M100xas long as short
SoDEX ETH-USD+0.0083%1h2,733.9−0.044%$54.5M$187.2M40xas long as short
Aster ETHUSDT+0.0084%8h2,734.6−0.018%$252.8M$849.1M200xas long as short
OKX ETH-USDT-SWAPshort+0.0085%8h2,735−0.004%$1.65B$10.93B100x
MEXC ETH_USDT+0.0093%8h2,734.7−0.015%$1.54B$2.60B500xas long as short
Phemex ETHUSDT+0.0094%8h2,733.9−0.045%$263.4M$64.6M150xas long as short
Binance ETHUSDT+0.0094%8h2,734.6−0.019%$6.34B$16.17B150xas long as short
Lighter ETH+0.0096%1h2,735.4+0.012%$112.6M$436.7M50xas long as short
Lighter RH ETH+0.0096%1h2,736.6+0.053%$23.5M$103.2M50xas long as short
Aevo ETH-PERP+0.0096%1h2,731.9−0.117%$4.9M$157K20xas long as short
SunX ETH-USDT+0.0097%8h2,734.1−0.035%$959K$11.0M100xas long as short
Aftermath Perps ETHUSD+0.0098%1h2,732.1−0.109%$30K$20K20xas long as short
Katana Perps ETH-USDlong+0.0100%8h2,735.1long leg$511K$3.5M50x
Paradex ETH-USD-PERP+0.0100%8h2,740.3+0.189%$15.3M$7.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,734.5−0.024%$14.1M$105.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,736.8+0.062%$3.12B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,735.8+0.027%$32.1M$332.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,734.8−0.011%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,735.5+0.016%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,734.2−0.034%$164.8M$347.1M25xas long as short
Gate ETH_USDT+0.0100%8h2,735.2+0.005%$3.30B$9.02B200xas long as short
Bitget ETHUSDT+0.0100%8h2,735.2+0.005%$2.09B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,734.1−0.036%$15.1M$42.5M50xas long as short
Variational Omni ETH+0.0100%8h2,733.4−0.062%$134.0M$323.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,731.6−0.129%$185.7M$682.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,732.6−0.092%$158.8M$86.1M50xas long as short
StandX ETH-USD+0.0100%1h2,732.8−0.084%$21.0M$70.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,735.2+0.003%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,735.6+0.018%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,734.6−0.018%$179K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,735−0.005%$22K$21K25xas long as short
Extended ETH-USD+0.0104%1h2,734.5−0.023%$30.4M$73.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,733.9−0.043%—$30.5M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,735.4+0.010%$48.9M$4.33B50xas long as short
RISEx ETH/USDC+0.0115%1h2,734.8−0.010%$5.6M$11.6M25xas long as short
Orderly PERP_ETH_USDC+0.0186%8h2,736.8+0.063%$32.2M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0190%1h2,733.2−0.069%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,733.1−0.073%$243K$1.4M20xas long as short
Kraken Futures PF_ETHUSD+0.0210%1h2,734.5−0.023%$82.0M$312.3M100xas long as short
BloFin ETH-USDT+0.0375%8h2,733.9−0.045%$281.6M$175.7M150xas long as short