Settings8H · net · $10k
Funding arb · Price arb /

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Ondo Perps against SoDEX−0.018%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.018%, 7d avg −0.008%
Together, before fees+0.038%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ETH-USD2,735.20.0100pay 0.0013% / 1h1m 50s$54.5M$187.5M40x
ShortOndo Perps ETH-USD.P2,734.70.0100get 0.0013% / 1h1m 50s$2.7M$16.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.018% → −0.008%
−$1.02
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$14.02
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 2 min ago0.18 bp4.2 bp −$44.2 bp −$425.7 bp −$56729.1 bp −$14.6K
Sell Ondo Perps no order-book sample
Ondo Perps: 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 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0112%43m2,735.3+0.003%$292K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,736.5+0.048%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,735.5+0.010%$12.0M200xas long as short
Phoenix ETH−0.0009%1h2,736.9+0.062%$817K$3.0M25xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,736+0.029%$259.6M$210.3M50xas long as short
dYdX ETH-USD+0.0005%1h2,736+0.030%$10.5M$42.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,735.4+0.008%$33.0M200xas long as short
Injective ETH/USDC PERP+0.0009%1h2,735.4+0.007%$117K$22.5M52xas long as short
HTX ETH-USDT+0.0011%8h2,735−0.007%$1.05B$1.22B200xas long as short
BingX ETH-USDC+0.0036%8h2,734.6−0.021%$18.5Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0044%8h2,735−0.007%$2.35B$4.42B150xas long as short
01 Exchange ETHUSD+0.0048%1h2,735.9+0.026%$191K$883K50xas long as short
KuCoin ETHUSDTM+0.0080%8h2,735.3+0.005%$375.6M$577.8M100xas long as short
Aftermath Perps ETHUSD+0.0083%1h2,735.9+0.026%$30K$20K20xas long as short
Bullet ETH-USD+0.0083%1h2,735.1−0.005%$183K$1.7M20xas long as short
SunX ETH-USDT+0.0095%8h2,734.8−0.014%$958K$11.1M100xas long as short
Lighter ETH+0.0096%1h2,736+0.028%$112.6M$438.4M50xas long as short
Lighter RH ETH+0.0096%1h2,737.1+0.069%$23.5M$104.3M50xas long as short
Aevo ETH-PERP+0.0096%1h2,732.6−0.096%$4.9M$155K20xas long as short
OKX ETH-USDT-SWAP+0.0097%8h2,735−0.007%$1.66B$10.95B100xas long as short
Aster ETHUSDT+0.0098%8h2,735.5+0.011%$253.5M$848.5M200xas long as short
Katana Perps ETH-USD+0.0100%8h2,735.20.000%$509K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,739.5+0.158%$15.3M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,735.1−0.002%$14.2M$105.4M50xas long as short
Hyperliquid ETH+0.0100%1h2,737.6+0.088%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,736.3+0.041%$32.0M$334.3M50xas long as short
Binance ETHUSDT+0.0100%8h2,735.5+0.012%$6.35B$16.16B150xas long as short
Ondo Perps ETH-USD.Pshort+0.0100%1h2,734.7−0.018%$2.7M$16.8M25x
Arcus ETH-USD+0.0100%1h2,736+0.029%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,735−0.008%$163.2M$327.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,735.4+0.008%$3.28B$9.10B200xas long as short
MEXC ETH_USDT+0.0100%8h2,735.6+0.014%$1.53B$2.62B500xas long as short
Bitget ETHUSDT+0.0100%8h2,735.6+0.014%$2.09B$2.79B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,735.5+0.010%$15.1M$42.6M50xas long as short
Variational Omni ETH+0.0100%8h2,737.1+0.071%$135.0M$326.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,736.6+0.053%$185.6M$682.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,738.1+0.106%$159.3M$87.5M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,736.5+0.048%$8.7M$31.5M100xas long as short
StandX ETH-USD+0.0100%1h2,736.2+0.037%$21.0M$70.0M40xas long as short
Vest ETH-PERP+0.0100%1h2,736.8+0.057%$879K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,736.6+0.051%$11.2M$9.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,735.7+0.018%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,736.8+0.058%$41.0M$30.2M15xas long as short
SoDEX ETH-USDlong+0.0100%1h2,735.2long leg$54.5M$187.5M40x
Phemex ETHUSDT+0.0100%8h2,735.7+0.019%$263.8M$65.2M150xas long as short
Extended ETH-USD+0.0104%1h2,734.7−0.020%$30.3M$74.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,736.1+0.033%$31.3M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,736.7+0.055%$50.3M$4.33B50xas long as short
RISEx ETH/USDC+0.0108%1h2,736.2+0.036%$5.6M$11.8M25xas long as short
Kalshi KXETHPERP+0.0130%8h2,735.7+0.018%$6.9M$693.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0175%1h2,736+0.031%$83.6M$311.5M100xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,737.6+0.088%$32.2M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0196%1h2,734.4−0.029%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,736.2+0.037%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0400%8h2,735.6+0.013%$280.0M$175.3M150xas long as short