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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.013%
Price spread now: Bitget against Bybit+0.003%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Long on BybitShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days+0.009%+$1 · spread now +0.003%, 7d avg +0.001%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ETHUSDT2,765.70.0100pay 0.0100% / 8h2h 33m$2.50B$4.64B150x
ShortBitget ETHUSDT2,765.80.0073get 0.0073% / 8h2h 33m$2.09B$3.13B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$5.67
Price spread: +0.003% → +0.001%
$0.2
Slippage, 4 orders
−$0.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$28.54
Costs to cover
0.231%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 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 Bybit live order book, 1 min ago0.02 bp5.5 bp −$66.0 bp −$607.7 bp −$77310.8 bp −$5,408
Sell Bitget live order book, 1 min ago0.02 bp6.0 bp −$66.7 bp −$678.1 bp −$809doesn'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%43m2,766.6+0.031%$289K$6.8M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,766.1+0.014%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,766.8+0.040%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0064%1h2,766.6+0.033%$171K$1.2M50xas long as short
ApeX Omni ETHUSDT−0.0052%1h2,767.5+0.067%$8.8M$32.5M100xas long as short
Phoenix ETH−0.0023%1h2,767+0.047%$794K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,766.2+0.020%$5.8M$11.8M25xas long as short
dYdX ETH-USD0.0000%1h2,767.4+0.061%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,767+0.046%$22.3M—200xas long as short
BingX ETH-USDC+0.0016%8h2,765.6−0.002%—$17.3M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,765.6−0.003%$1.71B$11.84B100xas long as short
Aftermath Perps ETHUSD+0.0023%1h2,767.4+0.063%$29K$21K20xas long as short
Phemex ETHUSDT+0.0025%8h2,766.1+0.015%$266.3M$66.0M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,766.9+0.044%$13.1M—200xas long as short
Aster ETHUSDT+0.0038%8h2,766.1+0.014%$255.7M$995.1M200xas long as short
Deribit ETH-PERPETUAL+0.0043%1h2,767.4+0.063%$258.4M$224.5M50xas long as short
MEXC ETH_USDT+0.0046%8h2,765.9+0.007%$1.62B$2.66B500xas long as short
Binance ETHUSDT+0.0046%8h2,765.9+0.006%$6.42B$17.20B150xas long as short
Aevo ETH-PERP+0.0048%1h2,764−0.060%$5.0M$636K20xas long as short
Gate ETH_USDT+0.0066%8h2,765.9+0.008%$3.28B$9.62B200xas long as short
Bitget ETHUSDTshort+0.0073%8h2,765.8+0.003%$2.09B$3.13B150x
Bullet ETH-USD+0.0081%1h2,766+0.012%$184K$1.8M20xas long as short
Variational Omni ETH+0.0092%8h2,764−0.060%$140.6M$319.6M—as long as short
Lighter ETH+0.0096%1h2,766.4+0.024%$115.2M$511.7M50xas long as short
Lighter RH ETH+0.0096%1h2,767.9+0.079%$25.4M$122.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,767+0.048%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,766.2+0.018%$15.9M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,766.7+0.036%$479K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,766.4+0.027%$14.7M$116.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,768.5+0.101%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,767+0.047%$31.1M$285.6M50xas long as short
Bybit ETHUSDTlong+0.0100%8h2,765.7long leg$2.50B$4.64B150x
Ondo Perps ETH-USD.P+0.0100%1h2,766.1+0.014%$2.9M$16.5M25xas long as short
Arcus ETH-USD+0.0100%1h2,768.3+0.095%$2.8M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,765.5−0.006%$164.9M$254.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,765.9+0.007%$424.3M$741.0M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,766.4+0.025%$15.3M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,764.4−0.046%$177.7M$792.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,765.8+0.003%$160.8M$97.1M50xas long as short
StandX ETH-USD+0.0100%1h2,765.2−0.018%$21.4M$57.7M40xas long as short
Vest ETH-PERP+0.0100%1h2,767.1+0.049%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,767.6+0.069%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,767.3+0.057%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,768.4+0.098%$42.6M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h2,765.7−0.002%$970K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,765.8+0.004%$55.1M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,766+0.011%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,765.4−0.012%$31.4M$76.1M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,767.6+0.069%$60.0M$4.62B50xas long as short
Kalshi KXETHPERP+0.0120%8h2,767.2+0.054%$8.6M$672.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0131%8h2,768.8+0.110%$32.5M$11.9M100xas long as short
BloFin ETH-USDT+0.0166%8h2,765.5−0.009%$285.6M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0184%1h2,765.2−0.019%$7.5M$992K25xas long as short
Kraken Futures PF_ETHUSD+0.0241%1h2,767.1+0.050%$87.5M$329.9M100xas long as short
Hibachi ETH/USDT-P+0.0416%1h2,768.5+0.101%$287K$1.5M20xas long as short