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+0.0143%/8h= +15.7% APRpaid last 24h +0.014%
Price spread now: Reya against Binance−0.014%7-day average −0.027% · 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)+0.060%+$6 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.014%, 7d avg −0.027%
Together, before fees+0.051%+ Points / potential airdropReya: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,770.30.0059pay 0.0059% / 8h26m 25s$6.45B$17.29B150x
ShortReya ETHRUSDPERP2,769.90.0202get 0.0025% / 1h26m 25s$7.3M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$30.07
Price spread: −0.014% → −0.027%
$1.31
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$15.38
Costs to cover
0.160%
Break-even
3.4 days
Slippage unknown: Binance: live order book, 3 min ago; Reya: 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 Binance live order book, 3 min ago0.02 bp5.0 bp −$55.0 bp −$505.7 bp −$5667.9 bp −$3,955
Sell Reya no order-book sample
Reya: 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%43m2,770.4+0.004%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,770.3−0.002%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.418%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.3+0.035%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0032%1h2,772.4+0.073%$8.8M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,770.8+0.017%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,771.6+0.046%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,773.6+0.118%$877K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.5+0.004%$22.4M200xas long as short
BingX ETH-USDC+0.0016%8h2,770.7+0.013%$17.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0020%8h2,770−0.012%$1.70B$11.86B100xas long as short
Aftermath Perps ETHUSD+0.0020%1h2,773.9+0.130%$29K$22K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,771.6+0.047%$12.9M200xas long as short
Aster ETHUSDT+0.0031%8h2,770.6+0.009%$256.2M$1.00B200xas long as short
Phemex ETHUSDT+0.0035%8h2,772.4+0.076%$270.3M$69.0M150xas long as short
SoDEX ETH-USD+0.0036%1h2,770.7+0.013%$55.2M$229.0M40xas long as short
Bullet ETH-USD+0.0049%1h2,769.6−0.026%$182K$1.7M20xas long as short
Binance ETHUSDTlong+0.0059%8h2,770.3long leg$6.45B$17.29B150x
MEXC ETH_USDT+0.0060%8h2,770−0.011%$1.60B$2.65B500xas long as short
Aevo ETH-PERP+0.0064%1h2,768.4−0.069%$5.0M$636K20xas long as short
Deribit ETH-PERPETUAL+0.0064%1h2,772.3+0.073%$259.0M$222.4M50xas long as short
Bitget ETHUSDT+0.0066%8h2,770.1−0.008%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,770.6+0.010%$3.29B$9.65B200xas long as short
KuCoin ETHUSDTM+0.0084%8h2,770.3−0.001%$421.0M$739.8M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,772.5+0.077%$60.0M$4.59B50xas long as short
Bybit ETHUSDT+0.0090%8h2,770.1−0.008%$2.50B$4.63B150xas long as short
Vest ETH-PERP+0.0094%1h2,771+0.023%$1.1M50xas long as short
HTX ETH-USDT+0.0096%8h2,771.5+0.042%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,771.2+0.030%$115.2M$499.5M50xas long as short
Lighter RH ETH+0.0096%1h2,773.7+0.121%$25.3M$121.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,771.4+0.038%$42.0M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.2−0.004%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.5+0.006%$476K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.6+0.010%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.5+0.078%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,771.6+0.046%$31.2M$312.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.6+0.010%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.8+0.052%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.9+0.093%$167.0M$259.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,772.6+0.080%$15.1M$44.4M50xas long as short
Variational Omni ETH+0.0100%8h2,773.3+0.106%$147.8M$336.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,772.2+0.066%$182.0M$782.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,774.1+0.137%$161.3M$89.3M50xas long as short
StandX ETH-USD+0.0100%1h2,771.5+0.042%$21.4M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.4+0.002%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.5+0.041%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,773.4+0.111%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.7+0.012%$972K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,770.1−0.007%$32.5M$78.0M50xas long as short
Kalshi KXETHPERP+0.0115%8h2,771.8+0.053%$8.3M$685.9M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,772+0.061%$86.4M$333.7M100xas long as short
Orderly PERP_ETH_USDC+0.0141%8h2,774.1+0.136%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0180%8h2,770.9+0.021%$287.2M$194.1M150xas long as short
Reya ETHRUSDPERPshort+0.0202%1h2,769.9−0.014%$7.3M$1.1M25x
Hibachi ETH/USDT-P+0.0232%1h2,771.7+0.049%$252K$1.6M20xas long as short