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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.015%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Long on KuCoinShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days+0.023%+$2 · spread now −0.015%, 7d avg −0.005%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHUSDTM2,744.20.0071pay 0.0071% / 8h5h 09m$382.0M$575.1M100x
ShortGate ETH_USDT2,743.80.0100get 0.0100% / 8h5h 09m$3.39B$8.77B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
$6.09
Price spread: −0.015% → −0.005%
−$1.03
Slippage, 4 orders
−$0.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$22.68
Costs to cover
0.277%
Break-even
33.1 days
Slippage from KuCoin: live order book, 9 min ago; Gate: live order book, 4 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 KuCoin live order book, 9 min ago0.02 bp6.0 bp −$67.6 bp −$7610.3 bp −$1,029doesn't fit
Sell Gate live order book, 4 min ago0.02 bp7.5 bp −$87.7 bp −$7710.2 bp −$1,02419.8 bp −$9,924

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%1h2,747.4+0.116%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,735.6−0.314%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,745.8+0.056%$12.1M—200xas long as short
Perpl ETH0.0000%43m2,746.2+0.072%$305K$5.6M8.3xas long as short
dYdX ETH-USD0.0000%1h2,746.4+0.080%$10.8M$41.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,745.8+0.057%$25.1M—200xas long as short
Phoenix ETH+0.0017%1h2,746.8+0.094%$848K$2.9M25xas long as short
01 Exchange ETHUSD+0.0024%1h2,746.9+0.097%$182K$836K50xas long as short
ApeX Omni ETHUSDT+0.0032%1h2,744.4+0.007%$8.8M$30.7M100xas long as short
BingX ETH-USDC+0.0054%8h2,744.20.000%—$18.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0068%8h2,744−0.008%$1.71B$10.55B100xas long as short
KuCoin ETHUSDTMlong+0.0071%8h2,744.2long leg$382.0M$575.1M100x
Bullet ETH-USD+0.0073%1h2,745.3+0.039%$182K$1.7M20xas long as short
RISEx ETH/USDC+0.0077%1h2,747.4+0.114%$5.6M$11.4M25xas long as short
Aster ETHUSDT+0.0087%8h2,744.4+0.008%$253.9M$840.9M200xas long as short
SoDEX ETH-USD+0.0090%1h2,745.3+0.039%$54.7M$187.6M40xas long as short
MEXC ETH_USDT+0.0094%8h2,743.6−0.024%$1.57B$2.56B500xas long as short
Binance ETHUSDT+0.0094%8h2,743.7−0.020%$6.38B$15.68B150xas long as short
Lighter ETH+0.0096%1h2,745.7+0.053%$112.9M$436.1M50xas long as short
Lighter RH ETH+0.0096%1h2,747+0.101%$24.7M$104.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,747.4+0.116%—$30.4M500xas long as short
Aevo ETH-PERP+0.0096%1h2,744−0.009%$4.9M$154K20xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,746.3+0.076%$55.6M$4.26B50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,750.9+0.242%$16.0M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,747+0.101%$469K$3.1M50xas long as short
Nado ETH-PERP+0.0100%1h2,746.8+0.095%$13.9M$104.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,745.8+0.057%$3.12B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,747.4+0.116%$31.8M$334.5M50xas long as short
Bybit ETHUSDT+0.0100%8h2,743.9−0.013%$2.45B$4.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,742.7−0.056%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,747.4+0.117%$2.8M$16.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,746.6+0.085%$165.7M$303.2M25xas long as short
Gate ETH_USDTshort+0.0100%8h2,743.8−0.015%$3.39B$8.77B200x
Bitget ETHUSDT+0.0100%8h2,743.6−0.022%$2.08B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,744.2−0.002%$15.0M$39.3M50xas long as short
Variational Omni ETH+0.0100%8h2,743.1−0.041%$133.1M$325.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,743.6−0.025%$182.4M$665.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,743.7−0.019%$159.6M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,744.4+0.006%$21.2M$68.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,747.2+0.107%—$815K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,747.2+0.108%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,747.1+0.106%$41.5M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.1+0.067%$963K$11.4M100xas long as short
HTX ETH-USDT+0.0100%8h2,746.6+0.085%$1.06B$1.17B200xas long as short
Phemex ETHUSDT+0.0100%8h2,745.2+0.035%$266.8M$64.9M150xas long as short
Extended ETH-USD+0.0104%1h2,743−0.046%$30.7M$71.9M50xas long as short
Aftermath Perps ETHUSD+0.0133%1h2,745.7+0.054%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0159%8h2,746.5+0.083%$7.8M$670.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0195%8h2,747.7+0.128%$32.3M$11.4M100xas long as short
Deribit ETH-PERPETUAL+0.0202%1h2,747.1+0.106%$259.8M$195.3M50xas long as short
BloFin ETH-USDT+0.0218%8h2,745.4+0.042%$285.8M$180.2M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,746.4+0.080%$86.6M$310.1M100xas long as short
Reya ETHRUSDPERP+0.0227%1h2,744.8+0.019%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,745.8+0.059%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.0380%1h2,745.6+0.050%$21K$20K25xas long as short