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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.81 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against SunX−0.004%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Long on SunXShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.004%, 7d avg +0.009%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,7760.0100pay 0.0100% / 8h1h 18m$974K$14.0M100x
ShortOKX ETH-USDT-SWAP2,775.90.0019get 0.0019% / 8h1h 18m$1.70B$11.87B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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
−$16.96
Price spread: −0.004% → +0.009%
−$1.28
Slippage, 4 orders
−$3.25
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$39.5
Costs to cover
0.213%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; OKX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago0.04 bp7.2 bp −$77.3 bp −$739.2 bp −$922doesn't fit
Sell OKX live order book, 6 min ago0.02 bp5.0 bp −$55.4 bp −$546.3 bp −$6308.1 bp −$4,062

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−0.0447%43m2,776.6+0.023%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,776.3+0.012%$5.7M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.6+0.094%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.130%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,777.3+0.048%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0014%1h2,777.8+0.067%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.4+0.051%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,779.6+0.130%$886K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.9+0.070%$22.4M—200xas long as short
BingX ETH-USDT+0.0017%8h2,7760.000%—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0019%8h2,777.3+0.047%$270.1M$68.6M150xas long as short
OKX ETH-USDT-SWAPshort+0.0019%8h2,775.9−0.004%$1.70B$11.87B100x
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.8+0.067%$13.0M—200xas long as short
Aster ETHUSDT+0.0039%8h2,777.5+0.056%$256.7M$991.8M200xas long as short
Bullet ETH-USD+0.0039%1h2,777+0.038%$181K$1.7M20xas long as short
Nado ETH-PERP+0.0059%1h2,776.8+0.030%$14.2M$118.2M50xas long as short
Deribit ETH-PERPETUAL+0.0060%1h2,778.8+0.103%$258.4M$222.3M50xas long as short
Aevo ETH-PERP+0.0064%1h2,775.5−0.016%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0065%8h2,777.3+0.049%$1.62B$2.67B500xas long as short
Binance ETHUSDT+0.0065%8h2,776.1+0.004%$6.44B$17.21B150xas long as short
Bitget ETHUSDT+0.0069%8h2,776+0.002%$2.10B$3.10B150xas long as short
ApeX Omni ETHUSDT+0.0073%1h2,780.3+0.154%$8.8M$32.6M100xas long as short
Gate ETH_USDT+0.0073%8h2,775.9−0.004%$3.29B$9.65B200xas long as short
SoDEX ETH-USD+0.0078%1h2,777.3+0.048%$55.3M$228.9M40xas long as short
Bybit ETHUSDT+0.0093%8h2,776.3+0.010%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0095%8h2,776.6+0.023%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,777.8+0.065%$115.3M$502.0M50xas long as short
Lighter RH ETH+0.0096%1h2,778.8+0.101%$25.4M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.1+0.112%—$41.6M500xas long as short
KuCoin ETHUSDTM+0.0098%8h2,777.2+0.043%$422.9M$739.6M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,778.2+0.080%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.9+0.033%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.1+0.112%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,778.6+0.094%$31.3M$302.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777.1+0.040%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,778+0.073%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.106%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.6+0.022%$15.2M$44.3M50xas long as short
Variational Omni ETH+0.0100%8h2,778.6+0.095%$136.7M$326.3M—as long as short
edgeX ETHUSDC+0.0100%4h2,779.6+0.132%$181.9M$783.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,780.8+0.175%$161.7M$91.5M50xas long as short
StandX ETH-USD+0.0100%1h2,779+0.109%$21.5M$58.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,777.6+0.060%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,778.2+0.080%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.4+0.050%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.3+0.121%$42.7M$29.4M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,776long leg$974K$14.0M100x
Extended ETH-USD+0.0104%1h2,776.6+0.022%$32.6M$77.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,778.6+0.095%$60.0M$4.61B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,778.1+0.076%$8.4M$679.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,779.8+0.137%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,778.4+0.086%$86.1M$332.4M100xas long as short
BloFin ETH-USDT+0.0185%8h2,776.9+0.033%$283.9M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0193%1h2,776.7+0.026%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,779.1+0.112%$271K$1.5M20xas long as short