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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC−0.0090%/8h
next payment, per $10,000$0.90paid, last 24h−0.033%paid, last 7 days−0.279%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ETH_USDC2,767.60.0190pay 0.0190% / 8h7h 27m$32.5M$10.9M100x
ShortBybit ETHUSDT2,7680.0100get 0.0100% / 8h7h 27m$2.54B$4.46B150x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$18.84
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$35.84
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.016%
Avg gap 7d
−0.081%
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 Orderly no order-book sample
Sell Bybit live order book, 3 min ago0.02 bp5.5 bp −$65.5 bp −$556.7 bp −$6658.2 bp −$4,121
Orderly: 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
Perpl ETH−0.0447%43m$421K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0054%1h$118K$22.5M52xas long as short
Phemex ETHUSDT−0.0039%8h$266.6M$66.8M150xas long as short
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.8M200xas long as short
dYdX ETH-USD0.0000%1h$16.7M$34.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0013%8h$1.73B$11.30B100xas long as short
SoDEX ETH-USD+0.0029%1h$55.8M$162.0M40xas long as short
Phoenix ETH+0.0035%1h$1.4M$2.4M25xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange ETHUSD+0.0056%1h$181K$1.2M50xas long as short
HTX ETH-USDT+0.0061%8h$1.09B$1.20B200xas long as short
Bulk ETH-USD+0.0063%1h$157.8M$272.8M25xas long as short
MEXC ETH_USDT+0.0076%8h$1.53B$2.47B500xas long as short
Binance ETHUSDT+0.0076%8h$6.59B$15.95B150xas long as short
Bitget ETHUSDT+0.0078%8h$2.11B$3.16B150xas long as short
Aevo ETH-PERP+0.0080%1h$5.0M$723K20xas long as short
SunX ETH-USDT+0.0085%8h$953K$14.6M100xas long as short
ApeX Omni ETHUSDT+0.0087%1h$8.0M$27.9M100xas long as short
Lighter ETH+0.0096%1h$117.1M$498.1M50xas long as short
Lighter RH ETH+0.0096%1h$25.4M$117.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$44.7M500xas long as short
Hibachi ETH/USDT-P+0.0096%1h$291K$1.3M20xas long as short
Katana Perps ETH-USD+0.0100%8h$474K$2.2M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h$15.0M$11.7M50xas long as short
Nado ETH-PERP+0.0100%1h$17.8M$111.8M50xas long as short
Aster ETHUSDT+0.0100%8h$276.7M$887.7M200xas long as short
Pacifica ETH+0.0100%1h$31.4M$221.5M50xas long as short
Bybit ETHUSDTshort+0.0100%8h$2.54B$4.46B150x
Ondo Perps ETH-USD.P+0.0100%1h$3.0M$14.9M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.1M25xas long as short
Gate ETH_USDT+0.0100%8h$3.48B$8.89B200xas long as short
KuCoin ETHUSDTM+0.0100%8h$410.5M$690.0M100xas long as short
BingX ETH-USDT+0.0100%8h$1.11Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$39.5M50xas long as short
Variational Omni ETH+0.0100%8h$145.4M$312.0Mas long as short
edgeX ETHUSDC+0.0100%4h$179.1M$765.5M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$51.0M40xas long as short
Vest ETH-PERP+0.0100%1h$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.8M$5.5M50xas long as short
Bullet ETH-USD+0.0100%1h$200K$1.8M20xas long as short
Derive ETH-PERP+0.0102%1h$42.9M$29.7M15xas long as short
Extended ETH-USD+0.0104%1h$31.7M$78.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h$60.3M$4.75B50xas long as short
RISEx ETH/USDC+0.0122%1h$5.8M$13.0M25xas long as short
Kalshi KXETHPERP+0.0130%8h$10.2M$561.4M4.9xas long as short
Deribit ETH-PERPETUAL+0.0133%1h$260.8M$213.0M50xas long as short
Reya ETHRUSDPERP+0.0173%1h$7.4M$964K25xas long as short
Orderly PERP_ETH_USDClong+0.0190%8h$32.5M$10.9M100x
BloFin ETH-USDT+0.0198%8h$291.7M$177.0M150xas long as short
Kraken Futures PF_ETHUSD+0.0261%1h$87.0M$314.8M100xas long as short
Aftermath Perps ETHUSD+0.0282%1h$29K$22K20xas long as short
Hyperliquid ETH+0.0487%1h$3.32B$2.17B25xas long as short
Bluefin ETH-PERP+0.2957%1h$21K$26K25xas long as short