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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0145%/8h
paid, last 24h−0.031%paid, last 3 days−0.032%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ETH-USD-PERP2,762.90.0100pay 0.0100% / 8h7h 02m$15.1M$11.6M50x
ShortGMX ETH/USD [ETH-USDC]2,759L −0.0013% / S +0.0045%pay 0.0006% / 1h2m 27s$11.8M200x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$30.44
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
−$46.44
Break-even
never at this rate
Slippage unknown: Paradex: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.141%
Avg gap 7d
−0.063%
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 Paradex live order book, 3 min ago0.67 bp2.7 bp −$32.7 bp −$27doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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$425K$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−0.0031%8h$266.0M$65.9M150xas long as short
GMX ETH/USD [ETH-USDC]shortL −0.0013% / S +0.0045%1h$11.8M200x
dYdX ETH-USD+0.0001%1h$16.5M$34.6M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.3M200xas long as short
BingX ETH-USDC+0.0010%8h$16.8Mas long as short
OKX ETH-USDT-SWAP+0.0012%8h$1.73B$11.07B100xas long as short
HTX ETH-USDT+0.0022%8h$1.09B$1.18B200xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange ETHUSD+0.0032%1h$181K$1.2M50xas long as short
Phoenix ETH+0.0035%1h$1.4M$2.4M25xas long as short
SoDEX ETH-USD+0.0038%1h$55.7M$161.9M40xas long as short
Bulk ETH-USD+0.0047%1h$159.9M$273.3M25xas long as short
Deribit ETH-PERPETUAL+0.0047%1h$259.1M$208.1M50xas long as short
MEXC ETH_USDT+0.0071%8h$1.52B$2.53B500xas long as short
Binance ETHUSDT+0.0072%8h$6.56B$15.79B150xas long as short
Aevo ETH-PERP+0.0072%1h$5.0M$714K20xas long as short
SunX ETH-USDT+0.0073%8h$952K$14.4M100xas long as short
Bitget ETHUSDT+0.0080%8h$2.11B$3.09B150xas long as short
Lighter ETH+0.0096%1h$116.4M$506.5M50xas long as short
Lighter RH ETH+0.0096%1h$25.6M$120.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$43.8M500xas long as short
Extended ETH-USD+0.0096%1h$31.8M$75.7M50xas long as short
Paradex ETH-USD-PERPlong+0.0100%8h$15.1M$11.6M50x
Katana Perps ETH-USD+0.0100%8h$464K$2.1M50xas long as short
Nado ETH-PERP+0.0100%1h$17.9M$110.7M50xas long as short
Aster ETHUSDT+0.0100%8h$272.5M$879.2M200xas long as short
Pacifica ETH+0.0100%1h$31.2M$227.4M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.53B$4.37B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$2.9M$15.0M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.2M25xas long as short
Gate ETH_USDT+0.0100%8h$3.44B$9.04B200xas long as short
KuCoin ETHUSDTM+0.0100%8h$417.8M$680.6M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$39.3M50xas long as short
Variational Omni ETH+0.0100%8h$146.3M$313.0Mas long as short
edgeX ETHUSDC+0.0100%4h$179.3M$757.2M100xas long as short
ApeX Omni ETHUSDT+0.0100%1h$8.1M$27.8M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$51.4M40xas long as short
Vest ETH-PERP+0.0100%1h$1.0M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$5.4M50xas long as short
Bullet ETH-USD+0.0100%1h$198K$1.8M20xas long as short
Derive ETH-PERP+0.0100%1h$42.8M$29.5M15xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h$60.4M$4.65B50xas long as short
RISEx ETH/USDC+0.0122%1h$5.7M$12.5M25xas long as short
Kalshi KXETHPERP+0.0142%8h$10.2M$573.7M4.9xas long as short
Hibachi ETH/USDT-P+0.0152%1h$283K$1.4M20xas long as short
Orderly PERP_ETH_USDC+0.0179%8h$32.4M$10.7M100xas long as short
Reya ETHRUSDPERP+0.0180%1h$7.4M$968K25xas long as short
BloFin ETH-USDT+0.0192%8h$292.2M$173.7M150xas long as short
Kraken Futures PF_ETHUSD+0.0262%1h$85.1M$319.0M100xas long as short
Aftermath Perps ETHUSD+0.0311%1h$29K$20K20xas long as short
Hyperliquid ETH+0.0397%1h$3.29B$2.11B25xas long as short
Bluefin ETH-PERP+0.1626%1h$21K$26K25xas long as short