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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC+0.0217%/8h
paid, last 24h+0.010%paid, last 7 days−0.246%to open and close $10k−$30
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ETHUSDT2,727.90.0047pay 0.0047% / 8h1h 38m$263.7M$65.7M150x
ShortHibachi ETH/USDT-P2,727.20.0264get 0.0033% / 1h38m 30s$302K$1.2M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$45.64
Slippage, 4 orders
−$8.63
Fee Phemex: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$16
Break-even
4.5 days
Slippage from Phemex: live order book, 2 min ago; Hibachi: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.024%
Avg gap 7d
+0.032%
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 Phemex live order book, 2 min ago0.02 bp6.0 bp −$66.4 bp −$6410.8 bp −$1,081doesn't fit
Sell Hibachi live order book, 2 min ago2.44 bp7.9 bp −$816.1 bp −$161doesn't fitdoesn't fit

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0335%43m$174K$5.3M8.3xas long as short
Injective ETH/USDC PERP−0.0112%1h$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$1K50xas long as short
Gate ETH_USDT−0.0041%8h$3.67B$8.37B200xas long as short
ApeX Omni ETHUSDT−0.0005%1h$7.6M$27.5M100xas long as short
Kalshi KXETHPERP0.0000%8h$4.8M$485.4M4.9xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.1M200xas long as short
OKX ETH-USDT-SWAP+0.0015%8h$1.71B$10.58B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0016% / S +0.0014%1h$11.7M200xas long as short
Phemex ETHUSDTlong+0.0047%8h$263.7M$65.7M150x
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack ETH_USDC_PERP+0.0053%1h$15.5M$38.8M50xas long as short
Coinbase International ETH-PERP-INTX+0.0056%1h$61.1M$4.70B50xas long as short
Phoenix ETH+0.0070%1h$1.4M$2.4M25xas long as short
Bullet ETH-USD+0.0072%1h$182K$1.9M20xas long as short
Bitget ETHUSDT+0.0078%8h$2.13B$2.97B150xas long as short
Lighter ETH+0.0096%1h$118.1M$472.8M50xas long as short
Lighter RH ETH+0.0096%1h$25.7M$115.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$41.6M500xas long as short
Aevo ETH-PERP+0.0096%1h$4.9M$776K20xas long as short
Paradex ETH-USD-PERP+0.0099%8h$14.0M$11.3M50xas long as short
Katana Perps ETH-USD+0.0100%8h$478K$1.9M50xas long as short
Nado ETH-PERP+0.0100%1h$18.9M$111.4M50xas long as short
Aster ETHUSDT+0.0100%8h$268.8M$813.5M200xas long as short
Pacifica ETH+0.0100%1h$30.8M$189.0M50xas long as short
Binance ETHUSDT+0.0100%8h$6.57B$14.60B150xas long as short
Bybit ETHUSDT+0.0100%8h$2.42B$4.28B150xas long as short
Arcus ETH-USD+0.0100%1h$2.4M$14.5M25xas long as short
Bulk ETH-USD+0.0100%1h$148.8M$275.4M25xas long as short
MEXC ETH_USDT+0.0100%8h$1.53B$2.34B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$394.4M$667.2M100xas long as short
BingX ETH-USDC+0.0100%8h$16.1Mas long as short
Variational Omni ETH+0.0100%8h$153.0M$293.1Mas long as short
edgeX ETHUSDC+0.0100%4h$192.4M$670.4M100xas long as short
StandX ETH-USD+0.0100%1h$20.9M$54.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$4.9M50xas long as short
SunX ETH-USDT+0.0100%8h$941K$14.1M100xas long as short
SoDEX ETH-USD+0.0100%1h$55.5M$139.8M40xas long as short
HTX ETH-USDT+0.0100%8h$1.08B$1.14B200xas long as short
Vest ETH-PERP+0.0100%1h$1.2M50xas long as short
Extended ETH-USD+0.0104%1h$32.8M$72.8M50xas long as short
Reya ETHRUSDPERP+0.0149%1h$7.3M$913K25xas long as short
Hyperliquid ETH+0.0179%1h$3.17B$2.07B25xas long as short
Orderly PERP_ETH_USDC+0.0213%8h$32.0M$11.1M100xas long as short
BloFin ETH-USDT+0.0220%8h$293.5M$172.6M150xas long as short
Deribit ETH-PERPETUAL+0.0238%1h$259.9M$210.3M50xas long as short
Aftermath Perps ETHUSD+0.0243%1h$29K$34K20xas long as short
Ondo Perps ETH-USD.P+0.0257%1h$3.2M$12.8M25xas long as short
Kraken Futures PF_ETHUSD+0.0261%1h$85.2M$313.8M100xas long as short
Hibachi ETH/USDT-Pshort+0.0264%1h$302K$1.2M20x
RISEx ETH/USDC+0.0266%1h$6.0M$13.6M25xas long as short
Bluefin ETH-PERP+0.0390%1h$19K$24K25xas long as short
dYdX ETH-USD+0.0432%1h$20.6M$25.8M50xas long as short
01 Exchange ETHUSD+0.0448%1h$186K$1.0M50xas long as short
Derive ETH-PERP+0.0744%1h$42.5M$22.0M15xas long as short