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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC+0.0112%/8h
paid, last 24h+0.001%paid, last 7 days+0.118%to open and close $10k−$28
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ETHUSDT2,739.50.0097pay 0.0097% / 8h6h 06m$264.2M$64.9M150x
ShortKraken Futures PF_ETHUSD2,740.90.0209get 0.0026% / 1h6m 22s$84.9M$319.9M100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$23.44
Slippage, 4 orders
−$5.79
Fee Phemex: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$4.35
Break-even
8.3 days
Slippage from Phemex: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.053%
Avg gap 7d
+0.008%
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, 4 min ago0.79 bp6.8 bp −$710.1 bp −$10113.2 bp −$1,32517.0 bp −$8,482
Sell Kraken Futures live order book, 4 min ago0.18 bp6.4 bp −$67.4 bp −$749.5 bp −$95013.3 bp −$6,642

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective ETH/USDC PERP−0.0275%1h$118K$22.5M52xas long as short
Perpl ETH−0.0112%43m$304K$6.3M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0067%1h$8.0M$27.8M100xas long as short
SoDEX ETH-USD−0.0015%1h$55.3M$161.9M40xas long as short
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.8M200xas long as short
dYdX ETH-USD−0.0003%1h$12.0M$39.9M50xas long as short
Bulk ETH-USD−0.0001%1h$158.1M$276.6M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.2M200xas long as short
01 Exchange ETHUSD+0.0008%1h$181K$1.2M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX ETH-USDC+0.0010%8h$16.9Mas long as short
OKX ETH-USDT-SWAP+0.0013%8h$1.72B$10.92B100xas long as short
Deribit ETH-PERPETUAL+0.0038%1h$258.6M$204.2M50xas long as short
MEXC ETH_USDT+0.0047%8h$1.58B$2.46B500xas long as short
Binance ETHUSDT+0.0048%8h$6.50B$15.78B150xas long as short
Aevo ETH-PERP+0.0048%1h$5.0M$679K20xas long as short
Gate ETH_USDT+0.0062%8h$3.36B$8.97B200xas long as short
Bullet ETH-USD+0.0076%1h$195K$1.8M20xas long as short
Phoenix ETH+0.0078%1h$1.2M$2.2M25xas long as short
Bitget ETHUSDT+0.0084%8h$2.10B$2.98B150xas long as short
Aster ETHUSDT+0.0095%8h$267.3M$929.0M200xas long as short
Lighter ETH+0.0096%1h$115.4M$499.2M50xas long as short
Lighter RH ETH+0.0096%1h$25.1M$120.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$43.6M500xas long as short
Extended ETH-USD+0.0096%1h$31.6M$75.0M50xas long as short
Variational Omni ETH+0.0096%8h$143.9M$311.8Mas long as short
Phemex ETHUSDTlong+0.0097%8h$264.2M$64.9M150x
Paradex ETH-USD-PERP+0.0100%8h$14.5M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h$499K$2.3M50xas long as short
Nado ETH-PERP+0.0100%1h$17.2M$110.8M50xas long as short
Hyperliquid ETH+0.0100%1h$3.20B$2.11B25xas long as short
Pacifica ETH+0.0100%1h$31.0M$238.6M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.50B$4.32B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$2.9M$14.8M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$15.9M25xas long as short
KuCoin ETHUSDTM+0.0100%8h$438.0M$678.1M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.2M$40.9M50xas long as short
edgeX ETHUSDC+0.0100%4h$178.4M$741.4M100xas long as short
StandX ETH-USD+0.0100%1h$21.1M$51.4M40xas long as short
Vest ETH-PERP+0.0100%1h$1.0M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.6M$5.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h$42.3M$29.8M15xas long as short
SunX ETH-USDT+0.0100%8h$961K$14.2M100xas long as short
HTX ETH-USDT+0.0100%8h$1.08B$1.18B200xas long as short
RISEx ETH/USDC+0.0105%1h$5.8M$12.0M25xas long as short
Coinbase International ETH-PERP-INTX+0.0136%1h$59.4M$4.53B50xas long as short
Kalshi KXETHPERP+0.0138%8h$9.6M$600.8M4.9xas long as short
Orderly PERP_ETH_USDC+0.0149%8h$32.1M$10.6M100xas long as short
BloFin ETH-USDT+0.0168%8h$291.8M$174.3M150xas long as short
Reya ETHRUSDPERP+0.0197%1h$7.3M$897K25xas long as short
Kraken Futures PF_ETHUSDshort+0.0209%1h$84.9M$319.9M100x
Aftermath Perps ETHUSD+0.0224%1h$29K$20K20xas long as short
Hibachi ETH/USDT-P+0.0240%1h$281K$1.4M20xas long as short