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+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Binance+0.002%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.225% of the position
Long on BinanceShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.002%, 7d avg +0.002%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,775.20.0066pay 0.0066% / 8h1h 14m$6.44B$17.21B150x
ShortKuCoin ETHUSDTM2,775.30.0098get 0.0098% / 8h1h 14m$422.7M$739.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$6.81
Price spread: +0.002% → +0.002%
$0.06
Slippage, 4 orders
−$0.45
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$15.58
Costs to cover
0.225%
Break-even
23.0 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 4 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 Binance live order book, 14 min ago0.02 bp5.0 bp −$55.0 bp −$505.9 bp −$5897.6 bp −$3,778
Sell KuCoin live order book, 4 min ago0.02 bp6.4 bp −$67.3 bp −$7310.6 bp −$1,062doesn'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%43m2,775.1−0.004%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,774.1−0.040%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,775.5+0.011%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.159%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,774.9−0.011%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0005%1h2,776.9+0.062%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,775.6+0.015%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,775.9+0.025%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,775.2+0.001%$22.4M—200xas long as short
BingX ETH-USDC+0.0015%8h2,774.9−0.010%—$17.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0019%8h2,775.1−0.005%$1.70B$11.86B100xas long as short
Phemex ETHUSDT+0.0023%8h2,775.1−0.005%$270.0M$68.6M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,775.1−0.003%$12.9M—200xas long as short
Bullet ETH-USD+0.0034%1h2,774.3−0.033%$182K$1.7M20xas long as short
Aster ETHUSDT+0.0038%8h2,775.3+0.002%$256.5M$992.6M200xas long as short
Nado ETH-PERP+0.0060%1h2,774.2−0.034%$14.2M$118.2M50xas long as short
Aevo ETH-PERP+0.0064%1h2,773.9−0.045%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0065%8h2,775−0.008%$1.62B$2.67B500xas long as short
ApeX Omni ETHUSDT+0.0066%1h2,775.6+0.013%$8.8M$32.6M100xas long as short
Binance ETHUSDTlong+0.0066%8h2,775.2long leg$6.44B$17.21B150x
Bitget ETHUSDT+0.0069%8h2,775.1−0.002%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0074%8h2,775.20.000%$3.29B$9.66B200xas long as short
SoDEX ETH-USD+0.0075%1h2,774.9−0.011%$55.2M$228.9M40xas long as short
Deribit ETH-PERPETUAL+0.0078%1h2,776.9+0.061%$258.4M$222.4M50xas long as short
Bybit ETHUSDT+0.0093%8h2,775.3+0.004%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0093%8h2,774.1−0.038%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,775.4+0.008%$115.1M$502.3M50xas long as short
Lighter RH ETH+0.0096%1h2,776.9+0.062%$25.4M$121.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,775.7+0.019%—$41.6M500xas long as short
KuCoin ETHUSDTMshort+0.0098%8h2,775.3+0.002%$422.7M$739.1M100x
Paradex ETH-USD-PERP+0.0099%8h2,774.5−0.024%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,775.1−0.004%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,777.7+0.090%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,775.4+0.007%$31.3M$302.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,773.9−0.047%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,776+0.028%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.134%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,775.6+0.014%$15.2M$44.3M50xas long as short
Variational Omni ETH+0.0100%8h2,774.7−0.016%$141.6M$331.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,775.7+0.018%$181.7M$784.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.8+0.021%$161.4M$91.4M50xas long as short
StandX ETH-USD+0.0100%1h2,777.2+0.072%$21.4M$58.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,775.4+0.007%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,775.7+0.018%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,775.4+0.006%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,776.4+0.042%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,773.5−0.060%$972K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,774.2−0.034%$32.6M$77.8M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,776.2+0.037%$60.2M$4.60B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,775.8+0.022%$8.4M$680.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,777.1+0.068%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,776.1+0.034%$86.1M$332.4M100xas long as short
BloFin ETH-USDT+0.0186%8h2,774.3−0.033%$284.1M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0193%1h2,774.2−0.035%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,777.8+0.094%$270K$1.5M20xas long as short