ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.004%

Price spread now: Bitget against OKX−0.008%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.008%, 7d avg +0.004%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ETH-USDT-SWAP	2,774.3	0.0030	pay 0.0030% / 8h	7h 09m	$1.71B	$11.00B	100x
Short	Bitget ETHUSDT	2,774.1	0.0078	get 0.0078% / 8h	7h 09m	$2.10B	$2.82B	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now −0.008%Rate

Funding earned: $9.99
Price spread: −0.008% → +0.004%: −$1.18
Slippage, 4 orders: −$0.39
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$13.58
Costs to cover: 0.224%
Break-even: 16.5 days

Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	0.02 bp	5.3 bp −$5	6.2 bp −$62	6.8 bp −$683	8.5 bp −$4,242
Sell Bitget live order book, 4 min ago	0.02 bp	6.0 bp −$6	6.0 bp −$60	6.9 bp −$687	8.5 bp −$4,256

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ETH/USDC PERP	−0.0752%	1h	2,773.8	−0.019%	$119K	$22.5M	52x	as long as short
RISEx ETH/USDC	−0.0128%	1h	2,773.5	−0.032%	$5.6M	$11.1M	25x	as long as short
Perpl ETH	−0.0112%	43m	2,772.7	−0.059%	$322K	$6.2M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,773.9	−0.016%	$5K	$1K	50x	as long as short
01 Exchange ETHUSD	−0.0032%	1h	2,773.5	−0.030%	$170K	$1.1M	50x	as long as short
Phoenix ETH	−0.0003%	1h	2,770.5	−0.138%	$872K	$3.7M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,774.7	+0.012%	$12.3M	$42.8M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,774.1	−0.009%	$22.4M	—	200x	as long as short
Bullet ETH-USD	+0.0014%	1h	2,773.5	−0.030%	$185K	$1.7M	20x	as long as short
OKX ETH-USDT-SWAPlong	+0.0030%	8h	2,774.3	long leg	$1.71B	$11.00B	100x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex ETHUSDT	+0.0035%	8h	2,773.7	−0.022%	$269.9M	$65.9M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0043% / S −0.0009%	1h	2,773.9	−0.014%	$12.7M	—	200x	as long as short
SoDEX ETH-USD	+0.0043%	1h	2,772	−0.084%	$55.2M	$187.7M	40x	as long as short
Aster ETHUSDT	+0.0051%	8h	2,774.1	−0.008%	$256.6M	$861.3M	200x	as long as short
Binance ETHUSDT	+0.0060%	8h	2,774	−0.013%	$6.48B	$16.05B	150x	as long as short
MEXC ETH_USDT	+0.0060%	8h	2,773.7	−0.022%	$1.61B	$2.66B	500x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,769.7	−0.166%	$5.0M	$156K	20x	as long as short
HTX ETH-USDT	+0.0076%	8h	2,772.6	−0.064%	$1.08B	$1.23B	200x	as long as short
Bitget ETHUSDTshort	+0.0078%	8h	2,774.1	−0.008%	$2.10B	$2.82B	150x
Aftermath Perps ETHUSD	+0.0080%	1h	2,770.8	−0.128%	$31K	$21K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0080%	1h	2,773.9	−0.016%	$60.4M	$4.41B	50x	as long as short
Vest ETH-PERP	+0.0084%	1h	2,773.3	−0.037%	—	$876K	50x	as long as short
KuCoin ETHUSDTM	+0.0089%	8h	2,774.1	−0.010%	$420.9M	$594.3M	100x	as long as short
Gate ETH_USDT	+0.0092%	8h	2,774.4	+0.003%	$3.39B	$9.10B	200x	as long as short
ApeX Omni ETHUSDT	+0.0094%	1h	2,769.3	−0.182%	$8.6M	$32.0M	100x	as long as short
Lighter ETH	+0.0096%	1h	2,774.7	+0.013%	$115.3M	$460.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,775.6	+0.046%	$25.6M	$112.1M	50x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,777.8	+0.125%	$16.0M	$8.2M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,773.3	−0.037%	$486K	$2.8M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,773.4	−0.034%	$14.6M	$112.9M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,776.1	+0.063%	$3.17B	$2.10B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,774	−0.011%	$31.2M	$328.0M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,774.4	+0.003%	$2.52B	$4.28B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,773.4	−0.034%	$2.8M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,773.9	−0.017%	$2.8M	$16.8M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,763.5	−0.389%	$172.0M	$292.0M	25x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,774.2	−0.005%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,773.4	−0.035%	$15.2M	$41.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,769.2	−0.187%	$134.1M	$347.1M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,769	−0.194%	$181.8M	$786.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,771.4	−0.107%	$161.1M	$84.1M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,771.1	−0.117%	$21.4M	$64.2M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,773.8	−0.019%	$10.5M	$8.0M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,773.5	−0.029%	$21K	$22K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,774.5	+0.006%	$42.6M	$28.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,773.3	−0.039%	$973K	$12.8M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,773.2	−0.040%	$30.9M	$74.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,769.9	−0.160%	—	$36.0M	500x	as long as short
Kalshi KXETHPERP	+0.0113%	8h	2,773.4	−0.034%	$8.1M	$673.4M	4.9x	as long as short
Kraken Futures PF_ETHUSD	+0.0134%	1h	2,773.6	−0.026%	$98.0M	$314.3M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0156%	8h	2,775.6	+0.045%	$32.7M	$11.0M	100x	as long as short
Hibachi ETH/USDT-P	+0.0160%	1h	2,770.4	−0.143%	$253K	$1.5M	20x	as long as short
BloFin ETH-USDT	+0.0180%	8h	2,769.1	−0.187%	$287.7M	$177.7M	150x	as long as short
Deribit ETH-PERPETUAL	+0.0201%	1h	2,773.7	−0.024%	$259.1M	$201.7M	50x	as long as short
Reya ETHRUSDPERP	+0.0214%	1h	2,773.8	−0.019%	$7.4M	$1.1M	25x	as long as short