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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.14 per $10,000 · paid last 24h +0.012%
Price spread now: Ondo Perps against 01 Exchange−0.022%7-day average −0.043% · 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)+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.022%, 7d avg −0.043%
Together, before fees+0.046%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.021% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,769.2−0.0008get 0.0001% / 1h25m 16s$168K$1.2M50x
ShortOndo Perps ETH-USD.P2,768.60.0100get 0.0013% / 1h25m 16s$2.8M$17.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against 01 Exchange. 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
$22.68
Price spread: −0.022% → −0.043%
$2.12
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$12.8
Costs to cover
0.120%
Break-even
3.1 days
Slippage unknown: 01 Exchange: live order book, 4 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 01 Exchange live order book, 4 min ago0.18 bp5.9 bp −$612.1 bp −$121doesn't fitdoesn't fit
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−0.0223%43m2,768.9−0.010%$285K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,768.5−0.026%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.459%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.5+0.011%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0032%1h2,772.4+0.114%$8.8M$32.9M100xas long as short
01 Exchange ETHUSDlong−0.0008%1h2,769.2long leg$168K$1.2M50x
dYdX ETH-USD0.0000%1h2,770+0.030%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.1+0.069%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.2+0.036%$22.4M200xas long as short
BingX ETH-USDC+0.0016%8h2,769.4+0.009%$17.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0020%8h2,769.8+0.023%$1.70B$11.87B100xas long as short
Aftermath Perps ETHUSD+0.0023%1h2,773.2+0.145%$29K$22K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,770.1+0.033%$12.8M200xas long as short
Aster ETHUSDT+0.0031%8h2,770.2+0.037%$255.7M$1.00B200xas long as short
Phemex ETHUSDT+0.0034%8h2,770.3+0.040%$270.1M$69.0M150xas long as short
SoDEX ETH-USD+0.0034%1h2,770+0.029%$55.2M$229.0M40xas long as short
Bullet ETH-USD+0.0048%1h2,769.4+0.008%$182K$1.7M20xas long as short
Aevo ETH-PERP+0.0056%1h2,767.1−0.075%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0058%8h2,770+0.029%$1.60B$2.65B500xas long as short
Binance ETHUSDT+0.0058%8h2,770+0.029%$6.45B$17.30B150xas long as short
Bitget ETHUSDT+0.0066%8h2,769.9+0.025%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0070%8h2,769.4+0.007%$3.29B$9.66B200xas long as short
KuCoin ETHUSDTM+0.0083%8h2,769.7+0.019%$420.9M$739.8M100xas long as short
Deribit ETH-PERPETUAL+0.0086%1h2,771.7+0.092%$259.0M$222.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,771.7+0.088%$60.1M$4.59B50xas long as short
Bybit ETHUSDT+0.0090%8h2,770.2+0.035%$2.50B$4.63B150xas long as short
Vest ETH-PERP+0.0093%1h2,769.7+0.018%$1.1M50xas long as short
HTX ETH-USDT+0.0096%8h2,770+0.030%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,770.7+0.056%$115.1M$499.6M50xas long as short
Lighter RH ETH+0.0096%1h2,772+0.102%$25.3M$121.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,769.7+0.018%$42.0M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,768.6−0.023%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,768.9−0.011%$477K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,768.3−0.031%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.9+0.061%$3.18B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,769−0.006%$31.2M$312.6M50xas long as short
Ondo Perps ETH-USD.Pshort+0.0100%1h2,768.6−0.022%$2.8M$17.2M25x
Arcus ETH-USD+0.0100%1h2,769.7+0.018%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.9+0.134%$167.0M$259.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.9+0.026%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3+0.041%$147.5M$336.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,772.2+0.107%$182.0M$782.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.2+0.073%$161.1M$89.0M50xas long as short
StandX ETH-USD+0.0100%1h2,771.4+0.079%$21.4M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.7+0.018%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770+0.027%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.4+0.117%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,768.6−0.022%$971K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,769.5+0.010%$32.5M$78.1M50xas long as short
Kalshi KXETHPERP+0.0114%8h2,770.1+0.033%$8.2M$686.9M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,771.4+0.079%$86.4M$333.7M100xas long as short
Orderly PERP_ETH_USDC+0.0141%8h2,772.6+0.124%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0178%8h2,770+0.029%$287.3M$194.2M150xas long as short
Reya ETHRUSDPERP+0.0202%1h2,769.3+0.003%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,771.5+0.082%$252K$1.6M20xas long as short