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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.037%
Price spread now: Injective against Ondo Perps+0.080%7-day average +0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Ondo PerpsShort on Injective
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 3 days (all we have)−0.115%−$11 · spread now +0.080%, 7d avg +0.086%
Together, before fees−0.011%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.104%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ETH-USD.P2,745.30.0100pay 0.0013% / 1h59m 04s$2.7M$16.8M25x
ShortInjective ETH/USDC PERP2,747.5−0.0044pay 0.0005% / 1h59m 04s$118K$22.5M52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Ondo Perps. 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
−$30.22
Price spread: +0.080% → +0.086%
−$0.62
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$35.86
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Injective: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample—————
Sell Injective live order book, 5 min ago16.17 bp44.9 bp −$4545.9 bp −$45946.0 bp −$4,595doesn't fit
Ondo Perps: 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0112%43m2,747.1+0.065%$306K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,747.8+0.091%$5K$1K50xas long as short
Injective ETH/USDC PERPshort−0.0044%1h2,747.5+0.080%$118K$22.5M52x
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,747.2+0.071%$12.1M—200xas long as short
Phoenix ETH−0.0006%1h2,748.4+0.113%$847K$2.8M25xas long as short
dYdX ETH-USD0.0000%1h2,748.6+0.118%$10.8M$42.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,747.3+0.073%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0024%1h2,748+0.098%$183K$981K50xas long as short
BingX ETH-USDT+0.0042%8h2,746.9+0.059%—$1.16B—as long as short
OKX ETH-USDT-SWAP+0.0053%8h2,746.8+0.055%$1.70B$10.62B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0066%8h2,746.9+0.057%$369.0M$602.2M100xas long as short
Aster ETHUSDT+0.0073%8h2,747.1+0.066%$252.6M$842.8M200xas long as short
RISEx ETH/USDC+0.0077%1h2,747.8+0.091%$5.7M$11.2M25xas long as short
Aevo ETH-PERP+0.0080%1h2,744.9−0.016%$4.9M$159K20xas long as short
MEXC ETH_USDT+0.0083%8h2,747+0.063%$1.58B$2.50B500xas long as short
Binance ETHUSDT+0.0083%8h2,747+0.063%$6.39B$15.80B150xas long as short
HTX ETH-USDT+0.0085%8h2,746.8+0.055%$1.06B$1.18B200xas long as short
ApeX Omni ETHUSDT+0.0089%1h2,746.6+0.046%$8.7M$31.2M100xas long as short
Bullet ETH-USD+0.0094%1h2,746.8+0.055%$182K$1.7M20xas long as short
Lighter ETH+0.0096%1h2,747.4+0.077%$113.0M$430.0M50xas long as short
Lighter RH ETH+0.0096%1h2,748.8+0.129%$24.7M$103.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,745.9+0.023%—$31.0M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,748.2+0.104%$58.6M$4.28B50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,751.3+0.220%$16.2M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,747.3+0.073%$483K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,747.1+0.065%$13.9M$107.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,749+0.135%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,748.7+0.124%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,747+0.063%$2.47B$4.19B150xas long as short
Ondo Perps ETH-USD.Plong+0.0100%1h2,745.3long leg$2.7M$16.8M25x
Arcus ETH-USD+0.0100%1h2,748+0.099%$2.7M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,747.1+0.064%$3.39B$8.63B200xas long as short
Bitget ETHUSDT+0.0100%8h2,747+0.062%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,746.5+0.042%$15.0M$41.2M50xas long as short
Variational Omni ETH+0.0100%8h2,746.6+0.047%$133.0M$342.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,746.8+0.056%$181.9M$701.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,748.5+0.115%$159.8M$81.7M50xas long as short
StandX ETH-USD+0.0100%1h2,747.2+0.069%$21.2M$69.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,748+0.099%—$819K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,747.8+0.091%$10.7M$8.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,747.7+0.088%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,748.9+0.132%$41.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.5+0.042%$963K$12.0M100xas long as short
SoDEX ETH-USD+0.0100%1h2,747+0.062%$54.7M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,747.3+0.073%$267.5M$65.6M150xas long as short
Bulk ETH-USD+0.0100%1h2,746.2+0.034%$164.3M$302.6M25xas long as short
Extended ETH-USD+0.0104%1h2,746.2+0.034%$30.6M$72.7M50xas long as short
Aftermath Perps ETHUSD+0.0109%1h2,747.7+0.089%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0110%1h2,748.3+0.110%$258.9M$195.8M50xas long as short
Kalshi KXETHPERP+0.0149%8h2,747.8+0.091%$7.9M$670.7M4.9xas long as short
Orderly PERP_ETH_USDC+0.0182%8h2,749.6+0.158%$32.3M$11.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,747.9+0.095%$88.1M$309.6M100xas long as short
Reya ETHRUSDPERP+0.0223%1h2,746.6+0.049%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,746.9+0.057%$250K$1.4M20xas long as short