data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

ETH

all ETH markets
SwapFunding view
Alert
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.

After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.217%7d average+0.089%fees + slippage, in and out−$15spread needed0.151%
Long on BulkShort on Phoenix
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ETH-USD2,734.1−0.0004get 0.0000% / 1h55m 40s$157.6M$268.1M25x
ShortPhoenix ETH2,7400.0073get 0.0009% / 1h55m 40s$1.2M$2.5M25x

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
$21.69
Funding while held
$2.29
Slippage, 4 orders
−$1.12
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$8.86
Spread needed to break even
0.151%
Slippage from Bulk: live order book, 5 min ago; Phoenix: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0076%
Per $10,000 a day
+$2.29
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 Bulk live order book, 5 min ago0.02 bp3.5 bp −$43.5 bp −$353.9 bp −$3945.4 bp −$2,683
Sell Phoenix live order book, 4 min ago0.18 bp4.0 bp −$47.1 bp −$7116.1 bp −$1,610doesn't fit

ETH price on every exchange

against the cheapest. Click to use as the short leg.
Bulk2,734.1cheapest
Aevo2,736.7+0.097%Bullet2,738+0.144%Nado2,738+0.145%SoDEX2,738.5+0.162%Phemex2,738.5+0.162%SunX2,738.8+0.173%HTX2,738.9+0.175%Reya2,738.9+0.175%BloFin2,739+0.181%Perpl2,739.2+0.188%GMX2,739.3+0.191%StandX2,739.3+0.191%Backpack2,739.3+0.192%gTrade (Gains Network)2,739.3+0.193%Jupiter Perps2,739.5+0.197%Katana Perps2,739.5+0.199%Arcus2,739.6+0.202%Vest2,739.6+0.203%Gate2,739.7+0.206%Aster2,739.7+0.206%01 Exchange2,739.8+0.210%Bluefin2,740+0.215%Kalshi2,740+0.217%
Phoenix2,740+0.217%
Kraken Futures2,740.4+0.232%Deribit2,740.6+0.238%Aftermath Perps2,740.6+0.239%Polymarket Perps2,740.6+0.239%Coinbase International2,740.8+0.244%Hotstuff2,740.9+0.250%ApeX Omni2,741.3+0.263%Derive2,741.4+0.267%Orderly2,741.4+0.268%Binance2,741.6+0.274%Variational Omni2,741.6+0.275%Ondo Perps2,741.8+0.283%Injective2,741.8+0.283%KuCoin2,741.8+0.283%Hyperliquid2,741.9+0.286%edgeX2,742.1+0.293%Lighter2,742.2+0.296%Bybit2,742.3+0.301%MEXC2,742.6+0.310%OKX2,742.6+0.312%Pacifica2,742.7+0.316%dYdX2,742.8+0.321%BingX2,743+0.327%Extended2,743.1+0.329%Hibachi2,743.1+0.330%Bitget2,743.2+0.332%Lighter RH2,743.4+0.341%RISEx2,744.3+0.374%Paradex2,746.2+0.444%

ETH on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bulk ETH-USDlong0.000%−0.0004%1h$157.6M$268.1M25x
Aevo ETH-PERP+0.097%+0.0048%1h$5.0M$675K20xas long as short
Bullet ETH-USD+0.144%+0.0058%1h$195K$1.8M20xas long as short
Nado ETH-PERP+0.145%+0.0100%1h$17.2M$110.8M50xas long as short
SoDEX ETH-USD+0.162%−0.0018%1h$55.3M$161.9M40xas long as short
Phemex ETHUSDT+0.162%+0.0065%8h$264.0M$64.9M150xas long as short
SunX ETH-USDT+0.173%+0.0100%8h$961K$14.2M100xas long as short
HTX ETH-USDT+0.175%+0.0100%8h$1.08B$1.19B200xas long as short
Reya ETHRUSDPERP+0.175%+0.0200%1h$7.3M$891K25xas long as short
BloFin ETH-USDT+0.181%+0.0171%8h$290.5M$175.2M150xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Perpl ETH+0.188%−0.0112%43m$296K$6.3M8.3xas long as short
GMX ETH/USD [ETH-USDC]+0.191%L −0.0013% / S +0.0045%1h$11.8M—200xas long as short
StandX ETH-USD+0.191%+0.0100%1h$21.1M$51.4M40xas long as short
Backpack ETH_USDC_PERP+0.192%+0.0100%1h$15.2M$40.9M50xas long as short
gTrade (Gains Network) ETH/USD+0.193%L +0.0006% / S −0.0006%1h$22.2M—200xas long as short
Jupiter Perps ETH-PERP+0.197%L +0.0096% / S +0.0048%1h—$43.7M500xas long as short
Katana Perps ETH-USD+0.199%+0.0100%8h$511K$2.3M50xas long as short
Arcus ETH-USD+0.202%+0.0100%1h$2.7M$16.0M25xas long as short
Vest ETH-PERP+0.203%+0.0100%1h—$1.0M50xas long as short
Gate ETH_USDT+0.206%+0.0065%8h$3.35B$8.87B200xas long as short
Aster ETHUSDT+0.206%+0.0093%8h$266.8M$930.9M200xas long as short
01 Exchange ETHUSD+0.210%0.0000%1h$180K$1.2M50xas long as short
Bluefin ETH-PERP+0.215%+0.0100%1h$21K$25K25xas long as short
Kalshi KXETHPERP+0.217%+0.0137%8h$9.5M$603.2M4.9xas long as short
Phoenix ETHshort+0.217%+0.0073%1h$1.2M$2.5M25x
Kraken Futures PF_ETHUSD+0.232%+0.0163%1h$84.6M$320.2M100xas long as short
Deribit ETH-PERPETUAL+0.238%+0.0071%1h$258.4M$204.3M50xas long as short
Aftermath Perps ETHUSD+0.239%+0.0203%1h$29K$20K20xas long as short
Polymarket Perps ETH-USD+0.239%+0.0100%1h$11.4M$6.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.244%+0.0136%1h$59.3M$4.52B50xas long as short
Hotstuff ETH-PERP+0.250%−0.0080%1h$5K$2K50xas long as short
ApeX Omni ETHUSDT+0.263%−0.0021%1h$8.2M$28.0M100xas long as short
Derive ETH-PERP+0.267%+0.0100%1h$42.3M$29.6M15xas long as short
Orderly PERP_ETH_USDC+0.268%+0.0142%8h$32.1M$10.7M100xas long as short
Binance ETHUSDT+0.274%+0.0051%8h$6.51B$15.81B150xas long as short
Variational Omni ETH+0.275%+0.0097%8h$143.8M$308.6M—as long as short
Ondo Perps ETH-USD.P+0.283%+0.0100%1h$2.9M$14.8M25xas long as short
Injective ETH/USDC PERP+0.283%−0.0004%1h$118K$22.5M52xas long as short
KuCoin ETHUSDTM+0.283%+0.0100%8h$436.1M$679.7M100xas long as short
Hyperliquid ETH+0.286%+0.0100%1h$3.20B$2.13B25xas long as short
edgeX ETHUSDC+0.293%+0.0100%4h$178.7M$738.4M100xas long as short
Lighter ETH+0.296%+0.0096%1h$115.6M$475.0M50xas long as short
Bybit ETHUSDT+0.301%+0.0100%8h$2.50B$4.32B150xas long as short
MEXC ETH_USDT+0.310%+0.0051%8h$1.58B$2.36B500xas long as short
OKX ETH-USDT-SWAP+0.312%+0.0013%8h$1.72B$10.96B100xas long as short
Pacifica ETH+0.316%+0.0100%1h$31.0M$240.9M50xas long as short
dYdX ETH-USD+0.321%0.0000%1h$12.1M$40.4M50xas long as short
BingX ETH-USDC+0.327%+0.0010%8h—$16.9M—as long as short
Extended ETH-USD+0.329%+0.0096%1h$31.5M$75.4M50xas long as short
Hibachi ETH/USDT-P+0.330%+0.0240%1h$273K$1.4M20xas long as short
Bitget ETHUSDT+0.332%+0.0084%8h$2.10B$2.96B150xas long as short
Lighter RH ETH+0.341%+0.0096%1h$25.2M$118.7M50xas long as short
RISEx ETH/USDC+0.374%+0.0083%1h$5.8M$12.0M25xas long as short
Paradex ETH-USD-PERP+0.444%+0.0100%8h$14.4M$10.9M50xas long as short