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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0176%/8h
next payment, per $10,000$0.22paid, last 24h−0.053%paid, last 3 days−0.171%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ETH2,735.70.0096pay 0.0012% / 1h1m 54s$118.7M$496.5M50x
ShortHotstuff ETH-PERP2,744.2−0.0080pay 0.0010% / 1h1m 54s$5K$2K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$36.96
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$41.96
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Hotstuff: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.309%
Avg gap 7d
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 Lighter live order book, 4 min ago0.49 bp0.5 bp $00.9 bp −$91.3 bp −$1273.6 bp −$1,819
Sell Hotstuff no order-book sample
Hotstuff: 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
Injective ETH/USDC PERP−0.0112%1h$118K$22.5M52xas long as short
Hotstuff ETH-PERPshort−0.0080%1h$5K$2K50x
Gate ETH_USDT−0.0034%8h$3.70B$8.81B200xas long as short
Kalshi KXETHPERP0.0000%8h$5.8M$513.9M4.9xas long as short
Perpl ETH0.0000%43m$208K$5.6M8.3xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.1M200xas long as short
GMX ETH/USD [ETH-USDC]L +0.0018% / S +0.0014%1h$11.8M200xas long as short
OKX ETH-USDT-SWAP+0.0018%8h$1.72B$11.09B100xas long as short
Phemex ETHUSDT+0.0044%8h$264.3M$67.1M150xas long as short
Coinbase International ETH-PERP-INTX+0.0056%1h$60.9M$4.82B50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ETH-PERPETUAL+0.0057%1h$260.7M$218.0M50xas long as short
Bullet ETH-USD+0.0066%1h$182K$1.9M20xas long as short
Phoenix ETH+0.0070%1h$1.4M$2.4M25xas long as short
Bitget ETHUSDT+0.0078%8h$2.11B$3.13B150xas long as short
Lighter ETHlong+0.0096%1h$118.7M$496.5M50x
Lighter RH ETH+0.0096%1h$25.3M$121.1M50xas long as short
Aevo ETH-PERP+0.0096%1h$5.0M$754K20xas long as short
Paradex ETH-USD-PERP+0.0100%8h$14.5M$11.3M50xas long as short
Katana Perps ETH-USD+0.0100%8h$479K$1.9M50xas long as short
Nado ETH-PERP+0.0100%1h$17.9M$114.4M50xas long as short
Aster ETHUSDT+0.0100%8h$266.9M$843.8M200xas long as short
Pacifica ETH+0.0100%1h$31.1M$198.0M50xas long as short
Binance ETHUSDT+0.0100%8h$6.55B$15.36B150xas long as short
Bybit ETHUSDT+0.0100%8h$2.47B$4.45B150xas long as short
Arcus ETH-USD+0.0100%1h$2.5M$15.1M25xas long as short
Bulk ETH-USD+0.0100%1h$153.0M$272.5M25xas long as short
MEXC ETH_USDT+0.0100%8h$1.51B$2.44B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$394.0M$677.9M100xas long as short
BingX ETH-USDC+0.0100%8h$16.0Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.0M$39.1M50xas long as short
Variational Omni ETH+0.0100%8h$156.1M$299.7Mas long as short
edgeX ETHUSDC+0.0100%4h$194.2M$702.5M100xas long as short
ApeX Omni ETHUSDT+0.0100%1h$7.6M$28.0M100xas long as short
StandX ETH-USD+0.0100%1h$21.0M$52.7M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$5.2M50xas long as short
Bluefin ETH-PERP+0.0100%1h$20K$24K25xas long as short
SunX ETH-USDT+0.0100%8h$943K$14.7M100xas long as short
SoDEX ETH-USD+0.0100%1h$55.2M$161.7M40xas long as short
HTX ETH-USDT+0.0100%8h$1.08B$1.20B200xas long as short
Vest ETH-PERP+0.0100%1h$1.2M50xas long as short
Extended ETH-USD+0.0104%1h$32.6M$76.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h$45.4M500xas long as short
Hyperliquid ETH+0.0152%1h$3.18B$2.14B25xas long as short
Reya ETHRUSDPERP+0.0152%1h$7.3M$978K25xas long as short
dYdX ETH-USD+0.0158%1h$20.2M$28.4M50xas long as short
Ondo Perps ETH-USD.P+0.0183%1h$3.2M$13.5M25xas long as short
Orderly PERP_ETH_USDC+0.0213%8h$32.1M$11.2M100xas long as short
BloFin ETH-USDT+0.0220%8h$294.4M$180.1M150xas long as short
Hibachi ETH/USDT-P+0.0240%1h$284K$1.3M20xas long as short
Aftermath Perps ETHUSD+0.0252%1h$29K$34K20xas long as short
Kraken Futures PF_ETHUSD+0.0260%1h$84.5M$319.6M100xas long as short
RISEx ETH/USDC+0.0266%1h$5.8M$13.8M25xas long as short
Derive ETH-PERP+0.0411%1h$42.8M$25.0M15xas long as short
01 Exchange ETHUSD+0.0640%1h$187K$1.1M50xas long as short