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−0.0028%/8h= −3.1% APRnext payment −$0.03 per $10,000 · paid last 24h +0.026%
Price spread now: Kraken Futures against Aevo+0.083%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Long on AevoShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.083%, 7d avg +0.072%
Together, before fees+0.108%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,720.80.0088pay 0.0011% / 1h21m 03s$4.9M$172K20x
ShortKraken Futures PF_ETHUSD2,7230.0060get 0.0008% / 1h21m 03s$81.7M$310.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aevo. 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
−$5.86
Price spread: +0.083% → +0.072%
$1.13
Slippage, 4 orders
−$13.7
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$44.43
Costs to cover
0.397%
Break-even
never at this rate
Slippage from Aevo: live order book, 3 min ago; Kraken Futures: live order book, 3 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 Aevo live order book, 3 min ago2.06 bp10.4 bp −$1031.3 bp −$31369.4 bp −$6,942doesn't fit
Sell Kraken Futures live order book, 3 min ago0.37 bp5.6 bp −$66.6 bp −$668.4 bp −$84211.7 bp −$5,851

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%43m2,723.7+0.106%$275K$5.7M8.3xas long as short
BloFin ETH-USDT−0.0176%8h2,722.4+0.058%$281.5M$177.3M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,723.7+0.107%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,724.3+0.129%$808K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,723.4+0.096%$11.9M—200xas long as short
dYdX ETH-USD0.0000%1h2,723.6+0.103%$10.5M$41.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,723.7+0.107%$6.7M$679.5M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,723.4+0.095%$262.7M$212.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,723.4+0.097%$32.9M—200xas long as short
BingX ETH-USDT+0.0017%8h2,722.3+0.057%—$1.08B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0020%8h2,722.4+0.059%$2.31B$4.34B150xas long as short
HTX ETH-USDT+0.0031%8h2,722.4+0.060%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,723.9+0.115%$190K$884K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,728.7+0.291%$200K$21.5M52xas long as short
ApeX Omni ETHUSDT+0.0051%1h2,722.5+0.064%$8.4M$31.5M100xas long as short
Hibachi ETH/USDT-P+0.0056%1h2,724.2+0.127%$241K$1.4M20xas long as short
Kraken Futures PF_ETHUSDshort+0.0060%1h2,723+0.083%$81.7M$310.8M100x
OKX ETH-USDT-SWAP+0.0072%8h2,723.3+0.094%$1.65B$10.78B100xas long as short
KuCoin ETHUSDTM+0.0073%8h2,722.7+0.069%$381.7M$577.6M100xas long as short
Aster ETHUSDT+0.0077%8h2,722.6+0.066%$252.2M$847.5M200xas long as short
MEXC ETH_USDT+0.0088%8h2,722.4+0.058%$1.58B$2.58B500xas long as short
Aevo ETH-PERPlong+0.0088%1h2,720.8long leg$4.9M$172K20x
Binance ETHUSDT+0.0088%8h2,722.7+0.069%$6.30B$16.13B150xas long as short
SoDEX ETH-USD+0.0095%1h2,722.4+0.059%$54.2M$182.7M40xas long as short
Lighter ETH+0.0096%1h2,723.1+0.086%$112.0M$432.6M50xas long as short
Lighter RH ETH+0.0096%1h2,724.3+0.129%$23.4M$102.4M50xas long as short
Aftermath Perps ETHUSD+0.0099%1h2,724.4+0.131%$30K$20K20xas long as short
Katana Perps ETH-USD+0.0100%8h2,723.7+0.107%$499K$3.6M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,728.1+0.270%$15.3M$7.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,723.5+0.101%$14.1M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,724.8+0.148%$3.10B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,724.6+0.139%$31.9M$333.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,723.3+0.093%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,724.1+0.123%$1.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,722.5+0.063%$3.31B$8.93B200xas long as short
Bitget ETHUSDT+0.0100%8h2,722.5+0.061%$2.10B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,722.3+0.054%$14.9M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,722+0.043%$133.5M$316.5M—as long as short
edgeX ETHUSDC+0.0100%4h2,721.7+0.034%$185.2M$682.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,722.8+0.076%$158.2M$81.9M50xas long as short
StandX ETH-USD+0.0100%1h2,723.1+0.085%$20.9M$70.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,724.9+0.151%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,724.6+0.140%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,723.1+0.085%$183K$1.7M20xas long as short
Derive ETH-PERP+0.0100%1h2,724.6+0.142%$40.8M$29.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,723.1+0.084%$955K$10.8M100xas long as short
Phemex ETHUSDT+0.0100%8h2,722.7+0.069%$262.3M$64.4M150xas long as short
Bulk ETH-USD+0.0100%1h2,727.2+0.235%$162.8M$356.2M25xas long as short
Extended ETH-USD+0.0104%1h2,722.1+0.049%$30.4M$71.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,723.5+0.100%—$30.2M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,723.8+0.112%$46.6M$4.27B50xas long as short
RISEx ETH/USDC+0.0114%1h2,724.3+0.129%$5.6M$11.7M25xas long as short
Reya ETHRUSDPERP+0.0180%1h2,722.1+0.048%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h2,725.2+0.164%$32.1M$11.2M100xas long as short
Bluefin ETH-PERP+0.0462%1h2,723.4+0.098%$20K$23K25xas long as short