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

ETH

all ETH markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0065%/8h
next payment, per $10,000+$0.08paid, last 24h−0.001%paid, last 3 days−0.145%to open and close $10k−$18
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ETH2,753.10.0035pay 0.0004% / 1h19m 22s$1.4M$2.4M25x
ShortBullet ETH-USD2,749.10.0100get 0.0013% / 1h19m 22s$198K$1.8M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$13.69
Slippage, 4 orders
−$2.82
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$4.14
Break-even
9.1 days
Slippage from Phoenix: live order book, 6 min ago; Bullet: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.145%
Avg gap 7d
−0.085%
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 Phoenix live order book, 6 min ago0.18 bp4.0 bp −$47.3 bp −$7320.3 bp −$2,027doesn't fit
Sell Bullet live order book, 1 min ago0.36 bp4.9 bp −$59.0 bp −$90doesn't fitdoesn't fit

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0447%43m$461K$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
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.7M200xas long as short
HTX ETH-USDT−0.0004%8h$1.09B$1.19B200xas long as short
dYdX ETH-USD+0.0001%1h$16.0M$34.6M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.3M200xas long as short
BingX ETH-USDT+0.0012%8h$1.12Bas long as short
OKX ETH-USDT-SWAP+0.0013%8h$1.71B$11.14B100xas long as short
SoDEX ETH-USD+0.0015%1h$55.5M$161.9M40xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SunX ETH-USDT+0.0022%8h$948K$14.6M100xas long as short
Phoenix ETHlong+0.0035%1h$1.4M$2.4M25x
01 Exchange ETHUSD+0.0040%1h$179K$1.2M50xas long as short
Deribit ETH-PERPETUAL+0.0048%1h$259.5M$209.2M50xas long as short
Bulk ETH-USD+0.0061%1h$159.6M$276.9M25xas long as short
Aevo ETH-PERP+0.0064%1h$5.0M$720K20xas long as short
MEXC ETH_USDT+0.0068%8h$1.50B$2.49B500xas long as short
Binance ETHUSDT+0.0069%8h$6.54B$15.90B150xas long as short
Bitget ETHUSDT+0.0079%8h$2.10B$3.12B150xas long as short
ApeX Omni ETHUSDT+0.0091%1h$8.1M$27.9M100xas long as short
Lighter ETH+0.0096%1h$116.1M$501.6M50xas long as short
Lighter RH ETH+0.0096%1h$25.2M$118.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$44.0M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h$15.0M$11.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h$463K$2.1M50xas long as short
Nado ETH-PERP+0.0100%1h$17.9M$111.0M50xas long as short
Aster ETHUSDT+0.0100%8h$276.4M$888.6M200xas long as short
Pacifica ETH+0.0100%1h$31.2M$223.9M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.52B$4.42B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$3.0M$14.8M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.1M25xas long as short
Gate ETH_USDT+0.0100%8h$3.45B$8.96B200xas long as short
KuCoin ETHUSDTM+0.0100%8h$425.7M$681.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$39.4M50xas long as short
Variational Omni ETH+0.0100%8h$145.7M$311.3Mas long as short
edgeX ETHUSDC+0.0100%4h$178.9M$763.8M100xas long as short
StandX ETH-USD+0.0100%1h$21.1M$51.3M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$5.4M50xas long as short
Bullet ETH-USDshort+0.0100%1h$198K$1.8M20x
Derive ETH-PERP+0.0100%1h$42.6M$29.6M15xas long as short
Phemex ETHUSDT+0.0100%8h$265.2M$66.8M150xas long as short
Vest ETH-PERP+0.0100%1h$1.1M50xas long as short
Extended ETH-USD+0.0104%1h$31.8M$78.1M50xas long as short
Hibachi ETH/USDT-P+0.0112%1h$283K$1.4M20xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h$59.7M$4.69B50xas long as short
RISEx ETH/USDC+0.0122%1h$5.8M$12.9M25xas long as short
Kalshi KXETHPERP+0.0135%8h$10.2M$564.5M4.9xas long as short
Reya ETHRUSDPERP+0.0175%1h$7.3M$958K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h$32.3M$10.8M100xas long as short
BloFin ETH-USDT+0.0190%8h$291.8M$175.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0263%1h$85.4M$316.5M100xas long as short
Aftermath Perps ETHUSD+0.0302%1h$29K$21K20xas long as short
Hyperliquid ETH+0.0442%1h$3.29B$2.12B25xas long as short
Bluefin ETH-PERP+0.2186%1h$21K$26K25xas long as short