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

ETH

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Alert: funding
Measured
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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.

Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.002%
Price spread now: RISEx against BingX+0.044%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$160.163% of the position
Long on BingXShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.064%+$6 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.044%, 7d avg +0.009%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.036% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETH-USDT2,7290.0034pay 0.0034% / 8h1h 55m—$1.12B—
ShortRISEx ETH/USDC2,730.20.0115get 0.0014% / 1h55m 12s$5.6M$11.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against BingX. 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
$17.02
Price spread: +0.044% → +0.009%
$3.56
Slippage, 4 orders
−$0.27
Fee BingX: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$4.31
Costs to cover
0.163%
Break-even
5.2 days
Slippage from BingX: live order book, 14 min ago; RISEx: 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 BingX live order book, 14 min ago0.04 bp5.1 bp −$55.3 bp −$535.9 bp −$5896.6 bp −$3,280
Sell RISEx live order book, 4 min ago0.02 bp3.0 bp −$34.2 bp −$42doesn't fitdoesn'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−0.0112%43m2,730+0.038%$291K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,733.9+0.181%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,731.5+0.093%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,729.5+0.019%$12.0M—200xas long as short
Phoenix ETH−0.0009%1h2,732.8+0.140%$816K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,730+0.039%$10.5M$42.9M50xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,729.9+0.033%$261.0M$212.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,729.7+0.027%$32.9M—200xas long as short
HTX ETH-USDT+0.0009%8h2,7290.000%$1.05B$1.22B200xas long as short
ApeX Omni ETHUSDT+0.0027%1h2,731.3+0.086%$8.7M$31.5M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDTlong+0.0034%8h2,729long leg—$1.12B—
01 Exchange ETHUSD+0.0040%1h2,730.1+0.041%$190K$891K50xas long as short
Bybit ETHUSDT+0.0042%8h2,729+0.002%$2.35B$4.42B150xas long as short
KuCoin ETHUSDTM+0.0078%8h2,729.4+0.015%$374.9M$576.5M100xas long as short
SoDEX ETH-USD+0.0078%1h2,729+0.001%$54.4M$187.5M40xas long as short
Aftermath Perps ETHUSD+0.0085%1h2,733.1+0.151%$30K$20K20xas long as short
SunX ETH-USDT+0.0090%8h2,728.7−0.010%$957K$11.1M100xas long as short
Aster ETHUSDT+0.0093%8h2,729.5+0.020%$252.6M$849.4M200xas long as short
OKX ETH-USDT-SWAP+0.0094%8h2,729.1+0.005%$1.66B$10.93B100xas long as short
Lighter ETH+0.0096%1h2,729.7+0.026%$112.2M$430.9M50xas long as short
Lighter RH ETH+0.0096%1h2,731.1+0.080%$23.5M$102.7M50xas long as short
Aevo ETH-PERP+0.0096%1h2,726.7−0.083%$4.9M$156K20xas long as short
Katana Perps ETH-USD+0.0100%8h2,729.4+0.016%$507K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,734.8+0.212%$15.3M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,729.2+0.008%$14.0M$105.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,731.7+0.100%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,731.4+0.091%$32.0M$334.2M50xas long as short
Binance ETHUSDT+0.0100%8h2,729.4+0.017%$6.33B$16.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,729.2+0.008%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,730.3+0.049%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,735+0.220%$163.2M$327.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,728.9−0.002%$3.28B$8.92B200xas long as short
MEXC ETH_USDT+0.0100%8h2,729.3+0.013%$1.52B$2.57B500xas long as short
Bitget ETHUSDT+0.0100%8h2,728.8−0.005%$2.08B$2.79B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,729.9+0.035%$15.1M$42.6M50xas long as short
Variational Omni ETH+0.0100%8h2,729.3+0.013%$134.0M$326.1M—as long as short
edgeX ETHUSDC+0.0100%4h2,731.9+0.107%$185.3M$680.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,730.6+0.061%$158.7M$87.7M50xas long as short
StandX ETH-USD+0.0100%1h2,730.1+0.041%$21.0M$70.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,731.2+0.080%—$879K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,730.7+0.063%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,730.1+0.040%$181K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,730.2+0.045%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,730.9+0.072%$40.9M$30.2M15xas long as short
Phemex ETHUSDT+0.0100%8h2,729.5+0.020%$263.1M$65.1M150xas long as short
Extended ETH-USD+0.0104%1h2,728.3−0.025%$30.3M$74.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,730+0.038%—$30.6M500xas long as short
Kalshi KXETHPERP+0.0108%8h2,730.4+0.052%$6.8M$692.9M4.9xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,730.5+0.056%$50.2M$4.32B50xas long as short
RISEx ETH/USDCshort+0.0115%1h2,730.2+0.044%$5.6M$11.8M25x
Orderly PERP_ETH_USDC+0.0187%8h2,731.6+0.096%$32.2M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0195%1h2,728.5−0.018%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,729.9+0.035%$83.4M$311.3M100xas long as short
Hibachi ETH/USDT-P+0.0280%1h2,732.3+0.121%$248K$1.4M20xas long as short
BloFin ETH-USDT+0.0400%8h2,729.3+0.014%$281.5M$175.2M150xas long as short