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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.026%
Price spread now: Jupiter Perps against ApeX Omni−0.071%7-day average +0.020% · 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)−0.030%−$3 on $10k
Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.071%, 7d avg +0.020%
Together, before fees+0.066%+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Jupiter Perps is 0.091% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,773.50.0100pay 0.0013% / 1h6m 39s$8.9M$31.4M100x
ShortJupiter Perps ETH-PERP2,771.6L +0.0104% / S +0.0048%pay 0.0006% / 1h6m 39s$36.0M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps against ApeX Omni. 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
−$31.08
Price spread: −0.071% → +0.020%
−$9.12
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$62.2
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 8 min ago; Jupiter 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 ApeX Omni live order book, 8 min ago0.22 bp7.5 bp −$88.1 bp −$8122.3 bp −$2,23245.8 bp −$22.9K
Sell Jupiter Perps no order-book sample
Jupiter 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
Injective ETH/USDC PERP−0.0752%1h2,773.8+0.010%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,766.8−0.243%$5.6M$11.1M25xas long as short
Perpl ETH−0.0112%43m2,770.3−0.116%$322K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769−0.163%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,766.7−0.246%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,770.8−0.098%$872K$3.7M25xas long as short
dYdX ETH-USD+0.0001%1h2,768.6−0.177%$12.3M$43.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.8−0.097%$22.4M200xas long as short
Bullet ETH-USD+0.0015%1h2,770.4−0.113%$185K$1.7M20xas long as short
Phemex ETHUSDT+0.0017%8h2,770.1−0.123%$269.6M$65.8M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0033%8h2,766.6−0.250%$1.70B$10.96B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,771−0.093%$12.7M200xas long as short
SoDEX ETH-USD+0.0048%1h2,770−0.127%$55.2M$187.7M40xas long as short
Aster ETHUSDT+0.0051%8h2,768.5−0.180%$260.7M$849.7M200xas long as short
Aevo ETH-PERP+0.0056%1h2,768.4−0.183%$5.0M$156K20xas long as short
MEXC ETH_USDT+0.0059%8h2,766.9−0.238%$1.61B$2.66B500xas long as short
Binance ETHUSDT+0.0060%8h2,766.5−0.254%$6.47B$16.03B150xas long as short
Aftermath Perps ETHUSD+0.0070%1h2,771.4−0.075%$31K$21K20xas long as short
HTX ETH-USDT+0.0079%8h2,770−0.128%$1.07B$1.23B200xas long as short
Bitget ETHUSDT+0.0080%8h2,767.2−0.228%$2.10B$2.82B150xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,771.3−0.081%$60.3M$4.40B50xas long as short
Gate ETH_USDT+0.0082%8h2,767−0.234%$3.37B$9.11B200xas long as short
Vest ETH-PERP+0.0086%1h2,771.1−0.089%$870K50xas long as short
KuCoin ETHUSDTM+0.0088%8h2,768.6−0.178%$419.4M$589.6M100xas long as short
Lighter ETH+0.0096%1h2,768.6−0.177%$115.0M$460.3M50xas long as short
Lighter RH ETH+0.0096%1h2,769.2−0.155%$25.5M$112.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,771.9−0.058%$15.9M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,766.7−0.246%$485K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,766.7−0.248%$14.5M$112.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.4−0.113%$3.16B$2.10B25xas long as short
Pacifica ETH+0.0100%1h2,768.4−0.185%$31.3M$328.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,766.8−0.243%$2.50B$4.27B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,766.3−0.261%$2.8M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,767.4−0.222%$2.8M$16.7M25xas long as short
Bulk ETH-USD+0.0100%1h2,771.7−0.066%$172.0M$293.3M25xas long as short
BingX ETH-USDT+0.0100%8h2,767−0.236%$1.20Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.6−0.141%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,769.2−0.158%$134.1M$347.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,773.2−0.011%$184.0M$750.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,772.6−0.033%$161.2M$83.8M50xas long as short
ApeX Omni ETHUSDTlong+0.0100%1h2,773.5long leg$8.9M$31.4M100x
StandX ETH-USD+0.0100%1h2,771.4−0.077%$21.4M$64.4M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.2−0.120%$10.5M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.8−0.098%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.3−0.046%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,769.6−0.143%$971K$12.7M100xas long as short
Extended ETH-USD+0.0104%1h2,766.1−0.268%$30.9M$74.5M50xas long as short
Jupiter Perps ETH-PERPshortL +0.0104% / S +0.0048%1h2,771.6−0.071%$36.0M500x
Kalshi KXETHPERP+0.0118%8h2,771.8−0.062%$8.2M$672.9M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,771.3−0.081%$97.9M$314.4M100xas long as short
Orderly PERP_ETH_USDC+0.0157%8h2,773.2−0.013%$32.7M$11.0M100xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,774.3+0.026%$253K$1.5M20xas long as short
Deribit ETH-PERPETUAL+0.0172%1h2,771.5−0.072%$259.1M$201.5M50xas long as short
BloFin ETH-USDT+0.0180%8h2,770.2−0.119%$287.4M$175.1M150xas long as short
Reya ETHRUSDPERP+0.0214%1h2,770.2−0.121%$7.3M$1.1M25xas long as short