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

ETH

all ETH markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$10
spread now+0.154%7d average+0.042%fees + slippage, in and out−$21spread needed0.208%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ETHUSDT2,760.40.0100pay 0.0100% / 8h7h 25m$2.53B$4.47B150x
ShortDeribit ETH-PERPETUAL2,764.60.0003get 0.0000% / 1h25m 44s$259.5M$214.9M50x

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
$15.36
Funding while held
−$2.91
Slippage, 4 orders
−$2.85
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$8.4
Spread needed to break even
0.208%
Slippage from Bybit: live order book, 5 min ago; Deribit: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0097%
Per $10,000 a day
$2.91
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 Bybit live order book, 5 min ago0.02 bp6.5 bp −$67.1 bp −$718.1 bp −$8139.7 bp −$4,859
Sell Deribit live order book, 5 min ago0.72 bp4.6 bp −$55.7 bp −$5711.9 bp −$1,19122.7 bp −$11.3K

ETH price on every exchange

against the cheapest. Click to use as the short leg.

ETH on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bulk ETH-USD−0.166%+0.0063%1h$157.8M$272.8M25xas long as short
Injective ETH/USDC PERP−0.107%−0.0054%1h$118K$22.5M52xas long as short
OKX ETH-USDT-SWAP−0.020%+0.0013%8h$1.72B$11.25B100xas long as short
Binance ETHUSDT−0.005%+0.0076%8h$6.57B$15.99B150xas long as short
Bybit ETHUSDTlong0.000%+0.0100%8h$2.53B$4.47B150x
Lighter ETH+0.028%+0.0096%1h$116.8M$499.5M50xas long as short
MEXC ETH_USDT+0.038%+0.0076%8h$1.53B$2.48B500xas long as short
Bitget ETHUSDT+0.049%+0.0079%8h$2.10B$3.15B150xas long as short
Aster ETHUSDT+0.052%+0.0100%8h$276.2M$888.0M200xas long as short
Lighter RH ETH+0.052%+0.0096%1h$25.5M$118.1M50xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ETH-USD+0.054%+0.0104%1h$31.8M$78.3M50xas long as short
dYdX ETH-USD+0.058%+0.0001%1h$16.1M$34.8M50xas long as short
BingX ETH-USDC+0.059%+0.0100%8h$16.9Mas long as short
KuCoin ETHUSDTM+0.059%+0.0100%8h$400.9M$690.0M100xas long as short
Gate ETH_USDT+0.062%+0.0100%8h$3.47B$8.90B200xas long as short
HTX ETH-USDT+0.083%+0.0051%8h$1.09B$1.20B200xas long as short
SunX ETH-USDT+0.083%+0.0079%8h$952K$14.6M100xas long as short
edgeX ETHUSDC+0.089%+0.0100%4h$179.1M$765.5M100xas long as short
Hibachi ETH/USDT-P+0.092%+0.0096%1h$291K$1.3M20xas long as short
SoDEX ETH-USD+0.092%+0.0024%1h$55.7M$162.0M40xas long as short
Variational Omni ETH+0.098%+0.0100%8h$145.9M$312.0Mas long as short
Nado ETH-PERP+0.101%+0.0100%1h$17.8M$111.6M50xas long as short
ApeX Omni ETHUSDT+0.105%+0.0090%1h$8.0M$28.0M100xas long as short
Phemex ETHUSDT+0.114%−0.0018%8h$266.4M$66.8M150xas long as short
Aevo ETH-PERP+0.114%+0.0080%1h$5.0M$723K20xas long as short
Backpack ETH_USDC_PERP+0.121%+0.0100%1h$15.3M$39.4M50xas long as short
Bluefin ETH-PERP+0.125%+0.2746%1h$21K$26K25xas long as short
Hotstuff ETH-PERP+0.129%−0.0080%1h$5K$2K50xas long as short
gTrade (Gains Network) ETH/USD+0.134%L +0.0006% / S −0.0006%1h$22.4M200xas long as short
Aftermath Perps ETHUSD+0.138%+0.0294%1h$29K$22K20xas long as short
Deribit ETH-PERPETUALshort+0.154%+0.0003%1h$259.5M$214.9M50x
Kraken Futures PF_ETHUSD+0.159%+0.0262%1h$86.8M$315.3M100xas long as short
Bullet ETH-USD+0.161%+0.0100%1h$200K$1.8M20xas long as short
Ondo Perps ETH-USD.P+0.168%+0.0100%1h$3.0M$15.0M25xas long as short
StandX ETH-USD+0.172%+0.0100%1h$21.2M$51.0M40xas long as short
Phoenix ETH+0.172%+0.0035%1h$1.4M$2.4M25xas long as short
Reya ETHRUSDPERP+0.175%+0.0173%1h$7.4M$964K25xas long as short
GMX ETH/USD [ETH-USDC]+0.176%L −0.0013% / S +0.0045%1h$11.8M200xas long as short
Coinbase International ETH-PERP-INTX+0.178%+0.0120%1h$60.1M$4.74B50xas long as short
Hyperliquid ETH+0.179%+0.0472%1h$3.31B$2.17B25xas long as short
BloFin ETH-USDT+0.181%+0.0196%8h$291.8M$177.0M150xas long as short
Orderly PERP_ETH_USDC+0.188%+0.0188%8h$32.4M$10.9M100xas long as short
Vest ETH-PERP+0.189%+0.0100%1h$1.1M50xas long as short
Katana Perps ETH-USD+0.190%+0.0100%8h$467K$2.2M50xas long as short
Polymarket Perps ETH-USD+0.194%+0.0100%1h$10.8M$5.4M50xas long as short
RISEx ETH/USDC+0.197%+0.0122%1h$5.8M$13.0M25xas long as short
Derive ETH-PERP+0.198%+0.0100%1h$42.8M$29.7M15xas long as short
Arcus ETH-USD+0.199%+0.0100%1h$2.7M$16.1M25xas long as short
Kalshi KXETHPERP+0.201%+0.0131%8h$10.2M$562.4M4.9xas long as short
Jupiter Perps ETH-PERP+0.202%L +0.0096% / S +0.0048%1h$44.7M500xas long as short
Pacifica ETH+0.206%+0.0100%1h$31.4M$221.5M50xas long as short
01 Exchange ETHUSD+0.216%+0.0048%1h$181K$1.2M50xas long as short
Perpl ETH+0.227%−0.0447%43m$421K$6.2M8.3xas long as short
Paradex ETH-USD-PERP+0.335%+0.0100%8h$15.0M$11.7M50xas long as short