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

ETH

all ETH markets
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Alert
Funding spread now, next payment 16:00 UTC+0.0047%/8h
next payment, per $10,000+$0.47paid, last 24h+0.006%paid, last 7 days−0.010%to open and close $10k−$22
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,732.60.0027pay 0.0027% / 8h2h 34m$1.71B$10.14B100x
ShortPhemex ETHUSDT2,733.60.0074get 0.0074% / 8h2h 34m$264.6M$65.4M150x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$9.81
Slippage, 4 orders
−$0.07
Fee OKX: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$12.27
Break-even
15.8 days
Slippage from OKX: live order book, 6 min ago; Phemex: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.037%
Avg gap 7d
+0.004%
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 OKX live order book, 6 min ago0.02 bp5.0 bp −$55.0 bp −$506.6 bp −$6638.7 bp −$4,329
Sell Phemex live order book, 6 min ago0.02 bp6.0 bp −$66.2 bp −$628.4 bp −$83912.6 bp −$6,280

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff ETH-PERP−0.0080%1h$5K$47250xas long as short
Gate ETH_USDT−0.0069%8h$3.71B$7.92B200xas long as short
ApeX Omni ETHUSDT−0.0065%1h$7.6M$26.8M100xas long as short
GMX ETH/USD [ETH-USDC]L −0.0016% / S +0.0047%1h$11.5M200xas long as short
Kalshi KXETHPERP0.0000%8h$3.0M$447.0M4.9xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.2M200xas long as short
OKX ETH-USDT-SWAPlong+0.0027%8h$1.71B$10.14B100x
Coinbase International ETH-PERP-INTX+0.0032%1h$61.7M$4.48B50xas long as short
01 Exchange ETHUSD+0.0040%1h$191K$882K50xas long as short
Kraken Futures PF_ETHUSD+0.0055%1h$76.7M$292.4M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix ETH+0.0061%1h$1.4M$2.5M25xas long as short
SoDEX ETH-USD+0.0070%1h$55.6M$139.7M40xas long as short
Phemex ETHUSDTshort+0.0074%8h$264.6M$65.4M150x
Backpack ETH_USDC_PERP+0.0075%1h$15.6M$38.3M50xas long as short
Bitget ETHUSDT+0.0082%8h$2.13B$2.84B150xas long as short
Lighter ETH+0.0096%1h$118.7M$423.1M50xas long as short
Lighter RH ETH+0.0096%1h$25.8M$107.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$41.1M500xas long as short
Aevo ETH-PERP+0.0096%1h$5.0M$798K20xas long as short
Katana Perps ETH-USD+0.0100%8h$469K$1.8M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h$13.8M$10.9M50xas long as short
Nado ETH-PERP+0.0100%1h$17.3M$101.0M50xas long as short
Aster ETHUSDT+0.0100%8h$276.1M$767.7M200xas long as short
Pacifica ETH+0.0100%1h$30.8M$172.5M50xas long as short
Binance ETHUSDT+0.0100%8h$6.60B$13.72B150xas long as short
Bybit ETHUSDT+0.0100%8h$2.45B$4.03B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$3.0M$9.2M25xas long as short
Arcus ETH-USD+0.0100%1h$2.2M$12.9M25xas long as short
Bulk ETH-USD+0.0100%1h$150.5M$270.0M25xas long as short
MEXC ETH_USDT+0.0100%8h$1.58B$2.22B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$394.6M$648.7M100xas long as short
BingX ETH-USDC+0.0100%8h$16.5Mas long as short
Variational Omni ETH+0.0100%8h$153.9M$289.5Mas long as short
edgeX ETHUSDC+0.0100%4h$190.1M$634.1M100xas long as short
StandX ETH-USD+0.0100%1h$21.0M$51.6M40xas long as short
Vest ETH-PERP+0.0100%1h$1.2M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.8M$4.6M50xas long as short
Bullet ETH-USD+0.0100%1h$184K$1.9M20xas long as short
Bluefin ETH-PERP+0.0100%1h$19K$24K25xas long as short
SunX ETH-USDT+0.0100%8h$942K$13.4M100xas long as short
HTX ETH-USDT+0.0100%8h$1.09B$1.09B200xas long as short
Extended ETH-USD+0.0104%1h$32.4M$62.0M50xas long as short
Perpl ETH+0.0112%43m$193K$4.9M8.3xas long as short
Deribit ETH-PERPETUAL+0.0130%1h$259.4M$205.1M50xas long as short
Reya ETHRUSDPERP+0.0143%1h$7.3M$908K25xas long as short
Hibachi ETH/USDT-P+0.0144%1h$300K$1.2M20xas long as short
Hyperliquid ETH+0.0149%1h$3.17B$1.95B25xas long as short
RISEx ETH/USDC+0.0179%1h$5.9M$12.5M25xas long as short
Injective ETH/USDC PERP+0.0206%1h$117K$22.5M52xas long as short
Orderly PERP_ETH_USDC+0.0219%8h$32.1M$10.9M100xas long as short
BloFin ETH-USDT+0.0220%8h$294.1M$163.2M150xas long as short
Aftermath Perps ETHUSD+0.0248%1h$29K$33K20xas long as short
dYdX ETH-USD+0.0468%1h$24.4M$20.5M50xas long as short
Derive ETH-PERP+0.0494%1h$39.9M$17.3M15xas long as short