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 +0.002%
Price spread now: Paradex against KuCoin+0.184%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Long on KuCoinShort on Paradex
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.055%+$6 on $10k
Price spread, last 7 days−0.174%−$17 · spread now +0.184%, 7d avg +0.049%
Together, before fees−0.119%+ Points / potential airdropParadex: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.135% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHUSDTM2,746.80.0070pay 0.0070% / 8h6h 17m$372.1M$610.2M100x
ShortParadex ETH-USD-PERP2,751.90.0099get 0.0099% / 8h6h 17m$16.3M$8.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$6.18
Price spread: +0.184% → +0.049%
$13.49
Slippage, 4 orders
−$6.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$3.01
Costs to cover
0.227%
Break-even
10.4 days
Slippage from KuCoin: live order book, 2 min ago; Paradex: live order book, 2 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, 2 min ago0.02 bp7.1 bp −$78.9 bp −$8911.2 bp −$1,118doesn't fit
Sell Paradex live order book, 2 min ago2.80 bp4.8 bp −$54.8 bp −$48doesn't fitdoesn't fit

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%43m2,747.7+0.033%$310K$5.9M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,747.7+0.032%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,747.2+0.014%$5.7M$11.4M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0009% / S +0.0043%1h2,748.1+0.049%$12.2M—200xas long as short
Phoenix ETH−0.0006%1h2,747.2+0.014%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,747+0.007%$10.8M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,748.2+0.050%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0032%1h2,747.6+0.029%$181K$1.1M50xas long as short
ApeX Omni ETHUSDT+0.0036%1h2,747.8+0.035%$8.7M$31.4M100xas long as short
BingX ETH-USDC+0.0037%8h2,747.6+0.029%—$18.5M—as long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0049%8h2,747.8+0.036%$1.69B$10.96B100xas long as short
HTX ETH-USDT+0.0058%8h2,747.5+0.026%$1.06B$1.20B200xas long as short
Aster ETHUSDT+0.0070%8h2,748+0.042%$253.1M$858.7M200xas long as short
KuCoin ETHUSDTMlong+0.0070%8h2,746.8long leg$372.1M$610.2M100x
MEXC ETH_USDT+0.0080%8h2,747.9+0.041%$1.57B$2.57B500xas long as short
Aevo ETH-PERP+0.0080%1h2,745.2−0.058%$4.9M$168K20xas long as short
Binance ETHUSDT+0.0081%8h2,747.8+0.036%$6.38B$16.21B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,748.9+0.074%$58.9M$4.34B50xas long as short
Bitget ETHUSDT+0.0095%8h2,747.9+0.040%$2.08B$2.84B150xas long as short
Aftermath Perps ETHUSD+0.0095%1h2,749.5+0.097%$30K$20K20xas long as short
Lighter ETH+0.0096%1h2,748.3+0.053%$113.1M$444.1M50xas long as short
Lighter RH ETH+0.0096%1h2,749.6+0.100%$24.9M$107.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,747.2+0.014%—$35.6M500xas long as short
Gate ETH_USDT+0.0096%8h2,747.9+0.040%$3.39B$8.92B200xas long as short
Bullet ETH-USD+0.0099%1h2,747.8+0.036%$183K$1.7M20xas long as short
Paradex ETH-USD-PERPshort+0.0099%8h2,751.9+0.184%$16.3M$8.1M50x
Katana Perps ETH-USD+0.0100%8h2,746.6−0.008%$478K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,747+0.007%$14.0M$112.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,748.9+0.076%$3.13B$2.10B25xas long as short
Pacifica ETH+0.0100%1h2,748.1+0.046%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,747.9+0.040%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,747.1+0.011%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,747.6+0.028%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,746.9+0.004%$15.0M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,748.7+0.069%$133.2M$345.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,746.3−0.017%$181.6M$704.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,747.6+0.030%$159.8M$82.9M50xas long as short
StandX ETH-USD+0.0100%1h2,748.3+0.054%$21.3M$68.4M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,748.2+0.051%$10.7M$8.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,748+0.042%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,749.3+0.091%$41.7M$29.5M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.1−0.025%$963K$12.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,747.8+0.036%$54.7M$187.8M40xas long as short
Phemex ETHUSDT+0.0100%8h2,747.9+0.039%$267.3M$66.0M150xas long as short
Bulk ETH-USD+0.0100%1h2,751.8+0.182%$165.7M$300.7M25xas long as short
Vest ETH-PERP+0.0100%1h2,748.1+0.049%—$869K50xas long as short
Extended ETH-USD+0.0104%1h2,747.1+0.012%$30.5M$73.5M50xas long as short
Deribit ETH-PERPETUAL+0.0143%1h2,749.2+0.088%$258.5M$199.8M50xas long as short
Kalshi KXETHPERP+0.0145%8h2,748.3+0.054%$7.7M$674.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0173%8h2,750.2+0.124%$32.3M$11.2M100xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,748.2+0.050%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,746.3−0.019%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0221%1h2,746.8+0.001%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,748.7+0.069%$89.1M$317.0M100xas long as short