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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0038%/8h
paid, last 24h+0.038%paid, last 7 days+0.164%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ETHUSD2,7480.0162pay 0.0020% / 1h24m 27s$84.9M$321.6M100x
ShortOrderly PERP_ETH_USDC2,749.60.0124get 0.0124% / 8h5h 24m$32.2M$10.7M100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$8.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$24.01
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.057%
Avg gap 7d
+0.074%
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, 1 min ago0.18 bp6.1 bp −$67.6 bp −$769.5 bp −$94915.5 bp −$7,765
Sell Orderly no order-book sample
Orderly: 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
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
SoDEX ETH-USD−0.0017%1h$55.4M$162.3M40xas long as short
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.9M200xas long as short
Bulk ETH-USD−0.0005%1h$158.7M$271.5M25xas long as short
Injective ETH/USDC PERP−0.0004%1h$111K$22.5M52xas long as short
dYdX ETH-USD0.0000%1h$13.0M$41.6M50xas long as short
01 Exchange ETHUSD0.0000%1h$180K$1.2M50xas long as short
Perpl ETH0.0000%43m$291K$6.3M8.3xas long as short
Deribit ETH-PERPETUAL+0.0005%1h$258.3M$203.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.2M200xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni ETHUSDT+0.0008%1h$8.2M$28.0M100xas long as short
BingX ETH-USDC+0.0012%8h$16.9Mas long as short
OKX ETH-USDT-SWAP+0.0016%8h$1.73B$11.01B100xas long as short
Bullet ETH-USD+0.0029%1h$192K$1.8M20xas long as short
Phemex ETHUSDT+0.0038%8h$265.4M$64.1M150xas long as short
MEXC ETH_USDT+0.0048%8h$1.58B$2.40B500xas long as short
Aevo ETH-PERP+0.0048%1h$5.0M$662K20xas long as short
Binance ETHUSDT+0.0048%8h$6.54B$15.91B150xas long as short
Phoenix ETH+0.0073%1h$1.1M$2.5M25xas long as short
Gate ETH_USDT+0.0073%8h$3.35B$8.97B200xas long as short
RISEx ETH/USDC+0.0083%1h$5.8M$12.1M25xas long as short
Bitget ETHUSDT+0.0083%8h$2.10B$2.94B150xas long as short
Aster ETHUSDT+0.0083%8h$266.9M$933.5M200xas long as short
Lighter ETH+0.0096%1h$115.8M$482.3M50xas long as short
Lighter RH ETH+0.0096%1h$25.2M$120.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$43.1M500xas long as short
Variational Omni ETH+0.0099%8h$145.5M$306.6Mas long as short
Paradex ETH-USD-PERP+0.0100%8h$14.7M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h$475K$2.4M50xas long as short
Nado ETH-PERP+0.0100%1h$17.2M$111.1M50xas long as short
Hyperliquid ETH+0.0100%1h$3.21B$2.14B25xas long as short
Pacifica ETH+0.0100%1h$31.0M$248.0M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.50B$4.32B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$2.9M$14.9M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.0M25xas long as short
KuCoin ETHUSDTM+0.0100%8h$412.5M$688.2M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$41.7M50xas long as short
edgeX ETHUSDC+0.0100%4h$179.1M$738.3M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$52.1M40xas long as short
Vest ETH-PERP+0.0100%1h$1.0M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$11.4M$6.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h$42.4M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h$963K$14.1M100xas long as short
HTX ETH-USDT+0.0100%8h$1.08B$1.21B200xas long as short
Extended ETH-USD+0.0104%1h$31.5M$75.3M50xas long as short
Orderly PERP_ETH_USDCshort+0.0124%8h$32.2M$10.7M100x
Aftermath Perps ETHUSD+0.0135%1h$29K$19K20xas long as short
Kalshi KXETHPERP+0.0136%8h$9.6M$609.5M4.9xas long as short
Coinbase International ETH-PERP-INTX+0.0136%1h$59.5M$4.51B50xas long as short
Kraken Futures PF_ETHUSDlong+0.0162%1h$84.9M$321.6M100x
BloFin ETH-USDT+0.0168%8h$291.6M$175.5M150xas long as short
Reya ETHRUSDPERP+0.0210%1h$7.3M$847K25xas long as short
Hibachi ETH/USDT-P+0.0232%1h$285K$1.4M20xas long as short