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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.007%
Price spread now: RISEx against SunX+0.019%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.179% of the position
Long on SunXShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.019%, 7d avg +0.038%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,725.80.0100pay 0.0100% / 8h17m 41s$956K$10.8M100x
ShortRISEx ETH/USDC2,726.30.0114get 0.0014% / 1h17m 41s$5.6M$11.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$2.85
Price spread: +0.019% → +0.038%
−$1.98
Slippage, 4 orders
−$3.86
Fee SunX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$16.99
Costs to cover
0.179%
Break-even
48.7 days
Slippage from SunX: live order book, 11 min ago; RISEx: live order book, 1 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 ago0.20 bp6.0 bp −$66.2 bp −$627.8 bp −$78310.4 bp −$5,217
Sell RISEx live order book, 1 min ago0.02 bp3.0 bp −$33.5 bp −$35doesn't fitdoesn't fit

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%43m2,726.3+0.020%$276K$5.7M8.3xas long as short
BloFin ETH-USDT−0.0177%8h2,726+0.009%$281.9M$177.6M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,725.8+0.001%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,724.5−0.046%$808K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,726.3+0.019%$11.9M—200xas long as short
dYdX ETH-USD0.0000%1h2,726.4+0.023%$10.5M$41.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.9+0.042%$6.7M$678.3M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,726.8+0.037%$263.6M$213.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,726.4+0.022%$32.9M—200xas long as short
BingX ETH-USDT+0.0016%8h2,725.6−0.004%—$1.08B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0020%8h2,725.6−0.005%$2.32B$4.34B150xas long as short
HTX ETH-USDT+0.0031%8h2,726.1+0.011%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,726.6+0.031%$190K$884K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,730.5+0.174%$166K$21.6M52xas long as short
ApeX Omni ETHUSDT+0.0051%1h2,722.5−0.119%$8.4M$31.5M100xas long as short
Hibachi ETH/USDT-P+0.0056%1h2,727.9+0.079%$242K$1.4M20xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,726.8+0.036%$81.9M$310.8M100xas long as short
OKX ETH-USDT-SWAP+0.0072%8h2,725.5−0.009%$1.65B$10.79B100xas long as short
KuCoin ETHUSDTM+0.0074%8h2,726.1+0.012%$382.9M$576.9M100xas long as short
Aster ETHUSDT+0.0078%8h2,726+0.009%$252.6M$847.2M200xas long as short
MEXC ETH_USDT+0.0088%8h2,725.8+0.003%$1.58B$2.59B500xas long as short
Aevo ETH-PERP+0.0088%1h2,723.8−0.071%$4.9M$172K20xas long as short
Binance ETHUSDT+0.0090%8h2,726.1+0.013%$6.30B$16.11B150xas long as short
Lighter ETH+0.0096%1h2,726.7+0.034%$112.3M$433.1M50xas long as short
Lighter RH ETH+0.0096%1h2,727.8+0.076%$23.4M$102.4M50xas long as short
Phemex ETHUSDT+0.0100%8h2,726.1+0.012%$262.6M$64.5M150xas long as short
Katana Perps ETH-USD+0.0100%8h2,725.8+0.001%$500K$3.6M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,730.6+0.178%$15.3M$7.5M50xas long as short
Nado ETH-PERP+0.0100%1h2,726.2+0.016%$14.0M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,728.1+0.086%$3.10B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,727.2+0.051%$32.1M$333.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,726+0.009%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,726.3+0.020%$1.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,725.9+0.003%$3.30B$8.94B200xas long as short
Bitget ETHUSDT+0.0100%8h2,725.7−0.001%$2.11B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,725.9+0.005%$15.0M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,722.2−0.130%$133.6M$316.4M—as long as short
edgeX ETHUSDC+0.0100%4h2,721.7−0.148%$185.2M$682.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,723.4−0.086%$158.3M$81.9M50xas long as short
StandX ETH-USD+0.0100%1h2,726.8+0.038%$20.9M$70.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,727.7+0.073%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,727.3+0.056%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,726+0.007%$182K$1.7M20xas long as short
Derive ETH-PERP+0.0100%1h2,727.6+0.068%$40.8M$29.9M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,725.8long leg$956K$10.8M100x
SoDEX ETH-USD+0.0100%1h2,726.1+0.012%$54.3M$182.7M40xas long as short
Bulk ETH-USD+0.0100%1h2,726.7+0.036%$161.2M$356.8M25xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,725.4−0.015%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,724.9−0.033%$30.4M$71.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,726.4+0.024%—$30.2M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,727.7+0.070%$46.6M$4.27B50xas long as short
RISEx ETH/USDCshort+0.0114%1h2,726.3+0.019%$5.6M$11.7M25x
Reya ETHRUSDPERP+0.0179%1h2,725.1−0.024%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h2,728.5+0.100%$32.2M$11.2M100xas long as short
Bluefin ETH-PERP+0.0384%1h2,726.6+0.031%$20K$23K25xas long as short