data as of
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Price arb /

ETH

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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.

After costs, if the gap returns to its 7d average, $10k−$9
spread now+0.028%7d average+0.011%fees + slippage, in and out−$11spread needed0.110%
Long on BinanceShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,758.20.0049pay 0.0049% / 8h4h 56m$6.57B$15.96B150x
ShortLighter ETH2,7590.0096get 0.0012% / 1h56m 11s$116.3M$481.3M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$2.83
Funding while held
$1.4
Slippage, 4 orders
−$1
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$6.77
Spread needed to break even
0.110%
Slippage from Binance: live order book, 4 min ago; Lighter: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0047%
Per $10,000 a day
+$1.40
Average in range /8h
—

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, 4 min ago0.02 bp5.0 bp −$55.1 bp −$516.0 bp −$5987.3 bp −$3,664
Sell Lighter live order book, 4 min ago0.16 bp0.3 bp $00.6 bp −$60.9 bp −$954.0 bp −$2,017

ETH price on every exchange

against the cheapest. Click to use as the short leg.
Bulk2,754.3cheapestVariational Omni2,755.6+0.047%ApeX Omni2,755.8+0.056%BloFin2,756+0.063%edgeX2,756.4+0.078%Hotstuff2,756.7+0.088%Phoenix2,756.8+0.092%Aevo2,756.8+0.092%Aftermath Perps2,757.2+0.105%SunX2,757.2+0.107%Nado2,757.3+0.111%Ondo Perps2,757.5+0.117%Hibachi2,757.6+0.121%Arcus2,757.7+0.123%Phemex2,757.7+0.125%RISEx2,757.8+0.128%Katana Perps2,757.8+0.128%Extended2,757.9+0.130%StandX2,758+0.135%HTX2,758.1+0.137%KuCoin2,758.1+0.139%Vest2,758.2+0.141%Aster2,758.2+0.141%Jupiter Perps2,758.2+0.142%Bullet2,758.2+0.142%SoDEX2,758.2+0.143%
Binance2,758.2+0.143%
MEXC2,758.2+0.144%Injective2,758.3+0.146%OKX2,758.4+0.148%Perpl2,758.4+0.150%Reya2,758.4+0.151%01 Exchange2,758.5+0.153%Bybit2,758.5+0.154%Bluefin2,758.5+0.154%Gate2,758.7+0.159%Backpack2,758.7+0.161%Bitget2,758.7+0.162%BingX2,758.8+0.163%Pacifica2,758.9+0.168%
Lighter2,759+0.172%
GMX2,759.2+0.179%gTrade (Gains Network)2,759.4+0.185%dYdX2,759.4+0.185%Kalshi2,759.7+0.197%Kraken Futures2,759.9+0.204%Polymarket Perps2,760+0.208%Lighter RH2,760.1+0.210%Deribit2,760.1+0.210%Coinbase International2,760.1+0.211%Derive2,760.7+0.235%Orderly2,760.8+0.236%Hyperliquid2,761.2+0.251%Paradex2,763.1+0.320%

ETH on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bulk ETH-USD−0.143%0.0000%1h$161.3M$272.1M25xas long as short
Variational Omni ETH−0.096%+0.0099%8h$145.9M$302.3M—as long as short
ApeX Omni ETHUSDT−0.087%+0.0067%1h$8.2M$28.1M100xas long as short
BloFin ETH-USDT−0.080%+0.0169%8h$291.5M$179.7M150xas long as short
edgeX ETHUSDC−0.066%+0.0100%4h$179.6M$738.7M100xas long as short
Hotstuff ETH-PERP−0.055%−0.0080%1h$5K$2K50xas long as short
Phoenix ETH−0.051%−0.0003%1h$1.0M$2.5M25xas long as short
Aevo ETH-PERP−0.051%+0.0048%1h$5.0M$649K20xas long as short
Aftermath Perps ETHUSD−0.038%+0.0131%1h$29K$19K20xas long as short
SunX ETH-USDT−0.036%+0.0100%8h$966K$14.1M100xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Nado ETH-PERP−0.032%+0.0100%1h$17.0M$111.5M50xas long as short
Ondo Perps ETH-USD.P−0.026%+0.0100%1h$2.9M$15.0M25xas long as short
Hibachi ETH/USDT-P−0.022%+0.0224%1h$282K$1.5M20xas long as short
Arcus ETH-USD−0.020%+0.0100%1h$2.9M$16.0M25xas long as short
Phemex ETHUSDT−0.018%−0.0008%8h$266.5M$64.2M150xas long as short
RISEx ETH/USDC−0.015%+0.0044%1h$5.8M$12.2M25xas long as short
Katana Perps ETH-USD−0.015%+0.0100%8h$477K$2.4M50xas long as short
Extended ETH-USD−0.013%+0.0104%1h$31.6M$75.5M50xas long as short
StandX ETH-USD−0.008%+0.0100%1h$21.2M$55.2M40xas long as short
HTX ETH-USDT−0.006%+0.0100%8h$1.08B$1.21B200xas long as short
KuCoin ETHUSDTM−0.005%+0.0100%8h$400.9M$696.8M100xas long as short
Vest ETH-PERP−0.002%+0.0100%1h—$1.1M50xas long as short
Aster ETHUSDT−0.002%+0.0078%8h$267.1M$932.8M200xas long as short
Jupiter Perps ETH-PERP−0.001%L +0.0096% / S +0.0048%1h—$43.1M500xas long as short
Bullet ETH-USD−0.001%+0.0039%1h$191K$1.8M20xas long as short
SoDEX ETH-USD−0.001%+0.0007%1h$55.7M$162.3M40xas long as short
Binance ETHUSDTlong0.000%+0.0049%8h$6.57B$15.96B150x
MEXC ETH_USDT+0.001%+0.0049%8h$1.61B$2.37B500xas long as short
Injective ETH/USDC PERP+0.003%−0.0208%1h$118K$22.5M52xas long as short
OKX ETH-USDT-SWAP+0.005%+0.0018%8h$1.73B$11.07B100xas long as short
Perpl ETH+0.007%0.0000%43m$288K$6.4M8.3xas long as short
Reya ETHRUSDPERP+0.008%+0.0218%1h$7.4M$821K25xas long as short
01 Exchange ETHUSD+0.010%0.0000%1h$180K$1.2M50xas long as short
Bybit ETHUSDT+0.011%+0.0100%8h$2.51B$4.33B150xas long as short
Bluefin ETH-PERP+0.011%+0.0100%1h$21K$25K25xas long as short
Gate ETH_USDT+0.016%+0.0071%8h$3.36B$8.97B200xas long as short
Backpack ETH_USDC_PERP+0.017%+0.0100%1h$15.3M$41.6M50xas long as short
Bitget ETHUSDT+0.018%+0.0081%8h$2.11B$2.94B150xas long as short
BingX ETH-USDT+0.020%+0.0100%8h—$1.07B—as long as short
Pacifica ETH+0.025%+0.0100%1h$31.2M$254.1M50xas long as short
Lighter ETHshort+0.028%+0.0096%1h$116.3M$481.3M50x
GMX ETH/USD [ETH-USDC]+0.036%L −0.0013% / S +0.0045%1h$11.9M—200xas long as short
gTrade (Gains Network) ETH/USD+0.041%L +0.0006% / S −0.0006%1h$22.3M—200xas long as short
dYdX ETH-USD+0.042%0.0000%1h$13.2M$41.7M50xas long as short
Kalshi KXETHPERP+0.054%+0.0140%8h$9.5M$618.5M4.9xas long as short
Kraken Futures PF_ETHUSD+0.061%+0.0163%1h$85.2M$319.8M100xas long as short
Polymarket Perps ETH-USD+0.065%+0.0100%1h$11.5M$6.7M50xas long as short
Lighter RH ETH+0.067%+0.0096%1h$25.4M$118.7M50xas long as short
Deribit ETH-PERPETUAL+0.067%+0.0033%1h$259.0M$206.3M50xas long as short
Coinbase International ETH-PERP-INTX+0.068%+0.0128%1h$59.7M$4.52B50xas long as short
Derive ETH-PERP+0.091%+0.0100%1h$42.7M$29.1M15xas long as short
Orderly PERP_ETH_USDC+0.092%+0.0113%8h$32.3M$11.0M100xas long as short
Hyperliquid ETH+0.108%+0.0100%1h$3.22B$2.15B25xas long as short
Paradex ETH-USD-PERP+0.176%+0.0100%8h$14.9M$10.7M50xas long as short