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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

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
My alerts

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.

Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.71 per $10,000 · paid last 24h −0.035%
Price spread now: SunX against BloFin−0.022%55s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.234% of the position
Long on BloFinShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.132%−$13 on $10k
Price spread, last 3 days (all we have)+0.024%+$2 · spread now −0.022%, 7d avg −0.018%
Together, before fees−0.108%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETH-USDT2,769.20.0171pay 0.0171% / 8h2h 04m$285.8M$195.5M150x
ShortSunX ETH-USDT2,768.60.0100get 0.0100% / 8h2h 04m$970K$14.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$14.92
Price spread: −0.022% → −0.018%
−$0.38
Slippage, 4 orders
−$3.35
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$38.65
Costs to cover
0.234%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; SunX: live order book, 5 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 BloFin live order book, 5 min ago0.02 bp6.0 bp −$66.1 bp −$616.6 bp −$6577.3 bp −$3,669
Sell SunX live order book, 5 min ago1.46 bp5.9 bp −$66.0 bp −$607.7 bp −$7729.6 bp −$4,823

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%43m2,769.3+0.003%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.253%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.7+0.018%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,769.6+0.014%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,770.9+0.061%$884K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,769.8+0.022%$5.7M$12.0M25xas long as short
dYdX ETH-USD0.0000%1h2,770.4+0.042%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.1+0.033%$22.4M—200xas long as short
Aftermath Perps ETHUSD+0.0007%1h2,772.1+0.105%$29K$22K20xas long as short
BingX ETH-USDT+0.0018%8h2,769.20.000%—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,769.6+0.016%$1.71B$11.89B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,770.1+0.032%$13.2M—200xas long as short
ApeX Omni ETHUSDT+0.0031%1h2,771+0.066%$8.7M$32.6M100xas long as short
Phemex ETHUSDT+0.0032%8h2,770.1+0.031%$266.8M$66.0M150xas long as short
Aster ETHUSDT+0.0032%8h2,769.6+0.016%$256.1M$995.6M200xas long as short
Aevo ETH-PERP+0.0048%1h2,767.2−0.072%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0051%8h2,769.2+0.001%$1.59B$2.69B500xas long as short
Binance ETHUSDT+0.0051%8h2,769.8+0.022%$6.43B$17.23B150xas long as short
Deribit ETH-PERPETUAL+0.0057%1h2,771.2+0.072%$258.5M$225.1M50xas long as short
Bullet ETH-USD+0.0074%1h2,769.2−0.001%$182K$1.8M20xas long as short
Bitget ETHUSDT+0.0075%8h2,769.1−0.005%$2.10B$3.12B150xas long as short
Gate ETH_USDT+0.0076%8h2,769.3+0.002%$3.28B$9.70B200xas long as short
Lighter ETH+0.0096%1h2,770.3+0.039%$114.6M$515.8M50xas long as short
Lighter RH ETH+0.0096%1h2,771.6+0.087%$25.4M$123.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,770.3+0.040%—$41.8M500xas long as short
HTX ETH-USDT+0.0098%8h2,769.2−0.002%$1.08B$1.32B200xas long as short
Variational Omni ETH+0.0098%8h2,768.9−0.009%$141.0M$320.9M—as long as short
Paradex ETH-USD-PERP+0.0100%8h2,769.2−0.001%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.9+0.025%$485K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,769−0.006%$14.5M$118.4M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.3+0.076%$3.19B$2.40B25xas long as short
Pacifica ETH+0.0100%1h2,770+0.029%$31.2M$291.4M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.8+0.020%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.20.000%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.4+0.078%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6+0.049%$164.9M$252.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,769.3+0.002%$421.9M$742.1M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.8+0.020%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,770.8+0.059%$179.5M$782.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.4+0.081%$161.2M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,770.4+0.043%$21.4M$57.9M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.8+0.058%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.4+0.043%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,771.9+0.096%$42.6M$29.4M15xas long as short
SunX ETH-USDTshort+0.0100%8h2,768.6−0.022%$970K$14.1M100x
SoDEX ETH-USD+0.0100%1h2,769.7+0.018%$55.1M$228.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,770+0.030%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,769.2+0.001%$31.4M$75.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,771+0.066%$59.8M$4.62B50xas long as short
Kalshi KXETHPERP+0.0109%8h2,770.6+0.051%$8.5M$674.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,772.5+0.118%$32.5M$12.0M100xas long as short
BloFin ETH-USDTlong+0.0171%8h2,769.2long leg$285.8M$195.5M150x
Reya ETHRUSDPERP+0.0185%1h2,769.1−0.005%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,771+0.066%$86.1M$331.7M100xas long as short
Hibachi ETH/USDT-P+0.0472%1h2,771.3+0.076%$285K$1.5M20xas long as short