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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0250%/8h
next payment, per $10,000$0.31paid, last 24h+0.019%paid, last 3 days−0.111%to open and close $10k−$18
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ETHUSD2,745.80.0350pay 0.0044% / 1h39m 55s$86.9M$314.4M100x
ShortNado ETH-PERP2,744.50.0100get 0.0012% / 1h39m 55s$17.8M$112.8M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$52.41
Slippage, 4 orders
−$1.11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$70.52
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; Nado: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.049%
Avg gap 7d
−0.005%
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 Kraken Futures live order book, 6 min ago0.18 bp5.6 bp −$67.3 bp −$7310.0 bp −$1,00112.8 bp −$6,404
Sell Nado live order book, 6 min ago0.18 bp3.7 bp −$43.8 bp −$385.7 bp −$57313.5 bp −$6,773

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
Gate ETH_USDT−0.0042%8h$3.73B$8.55B200xas long as short
ApeX Omni ETHUSDT−0.0041%1h$7.7M$27.7M100xas long as short
Kalshi KXETHPERP0.0000%8h$6.2M$527.5M4.9xas long as short
Perpl ETH0.0000%43m$426K$5.9M8.3xas long as short
SoDEX ETH-USD+0.0004%1h$55.4M$161.5M40xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.2M200xas long as short
Bullet ETH-USD+0.0008%1h$186K$1.9M20xas long as short
OKX ETH-USDT-SWAP+0.0016%8h$1.72B$10.97B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0018% / S +0.0014%1h$11.9M200xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex ETHUSDT+0.0033%8h$265.4M$66.4M150xas long as short
01 Exchange ETHUSD+0.0048%1h$181K$1.1M50xas long as short
Phoenix ETH+0.0050%1h$1.4M$2.4M25xas long as short
Injective ETH/USDC PERP+0.0067%1h$118K$22.5M52xas long as short
Bitget ETHUSDT+0.0072%8h$2.13B$3.08B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h$60.3M$4.79B50xas long as short
Deribit ETH-PERPETUAL+0.0089%1h$260.6M$212.2M50xas long as short
Lighter ETH+0.0096%1h$119.1M$491.6M50xas long as short
Lighter RH ETH+0.0096%1h$25.3M$117.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$46.2M500xas long as short
Aevo ETH-PERP+0.0096%1h$5.0M$752K20xas long as short
Paradex ETH-USD-PERP+0.0100%8h$14.6M$11.3M50xas long as short
Katana Perps ETH-USD+0.0100%8h$491K$2.0M50xas long as short
Nado ETH-PERPshort+0.0100%1h$17.8M$112.8M50x
Aster ETHUSDT+0.0100%8h$269.2M$838.8M200xas long as short
Pacifica ETH+0.0100%1h$31.2M$202.9M50xas long as short
Binance ETHUSDT+0.0100%8h$6.55B$15.21B150xas long as short
Bybit ETHUSDT+0.0100%8h$2.50B$4.39B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$3.1M$13.6M25xas long as short
Arcus ETH-USD+0.0100%1h$2.5M$15.1M25xas long as short
Bulk ETH-USD+0.0100%1h$152.6M$276.1M25xas long as short
MEXC ETH_USDT+0.0100%8h$1.53B$2.43B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$389.9M$657.2M100xas long as short
BingX ETH-USDC+0.0100%8h$16.1Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h$154.5M$298.5Mas long as short
edgeX ETHUSDC+0.0100%4h$176.0M$740.0M100xas long as short
StandX ETH-USD+0.0100%1h$21.0M$51.3M40xas long as short
Vest ETH-PERP+0.0100%1h$1.2M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$5.2M50xas long as short
Bluefin ETH-PERP+0.0100%1h$21K$26K25xas long as short
SunX ETH-USDT+0.0100%8h$945K$14.5M100xas long as short
HTX ETH-USDT+0.0100%8h$1.09B$1.19B200xas long as short
Extended ETH-USD+0.0104%1h$32.6M$75.1M50xas long as short
dYdX ETH-USD+0.0135%1h$20.2M$28.6M50xas long as short
Reya ETHRUSDPERP+0.0155%1h$7.3M$968K25xas long as short
RISEx ETH/USDC+0.0171%1h$5.8M$13.6M25xas long as short
Hibachi ETH/USDT-P+0.0176%1h$301K$1.3M20xas long as short
Hyperliquid ETH+0.0187%1h$3.22B$2.14B25xas long as short
Orderly PERP_ETH_USDC+0.0213%8h$32.3M$10.8M100xas long as short
BloFin ETH-USDT+0.0220%8h$294.1M$173.9M150xas long as short
Aftermath Perps ETHUSD+0.0260%1h$29K$27K20xas long as short
Kraken Futures PF_ETHUSDlong+0.0350%1h$86.9M$314.4M100x
Derive ETH-PERP+0.0583%1h$43.3M$27.0M15xas long as short