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−$8
spread now+0.246%7d average+0.030%fees + slippage, in and out−$29spread needed0.291%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ETHUSDT2,7550.0100pay 0.0100% / 8h1m 37s$2.51B$4.48B150x
ShortHibachi ETH/USDT-P2,761.70.0072get 0.0009% / 1h1m 37s$293K$1.3M20x

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
$24.58
Funding while held
−$0.84
Slippage, 4 orders
−$9.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$5.39
Spread needed to break even
0.291%
Slippage from Bybit: live order book, 4 min ago; Hibachi: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0028%
Per $10,000 a day
$0.84
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, 4 min ago0.02 bp5.5 bp −$65.5 bp −$557.8 bp −$77811.0 bp −$5,505
Sell Hibachi live order book, 4 min ago2.37 bp7.4 bp −$714.0 bp −$140doesn't fitdoesn't fit

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
Ondo Perps ETH-USD.P−0.031%+0.0100%1h$3.0M$14.5M25xas long as short
OKX ETH-USDT-SWAP−0.028%+0.0011%8h$1.71B$11.29B100xas long as short
Aevo ETH-PERP−0.024%+0.0096%1h$5.0M$732K20xas long as short
Aster ETHUSDT−0.024%+0.0100%8h$269.7M$865.5M200xas long as short
MEXC ETH_USDT−0.018%+0.0091%8h$1.52B$2.52B500xas long as short
Binance ETHUSDT−0.015%+0.0090%8h$6.57B$15.73B150xas long as short
Gate ETH_USDT−0.014%−0.0048%8h$3.38B$9.09B200xas long as short
Extended ETH-USD−0.009%+0.0104%1h$32.8M$75.6M50xas long as short
BingX ETH-USDC−0.001%+0.0100%8h$16.9Mas long as short
Bybit ETHUSDTlong0.000%+0.0100%8h$2.51B$4.48B150x
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX ETH-USDT+0.016%+0.0077%8h$1.09B$1.20B200xas long as short
Katana Perps ETH-USD+0.020%+0.0100%8h$472K$2.0M50xas long as short
Arcus ETH-USD+0.023%+0.0100%1h$2.5M$15.9M25xas long as short
Hotstuff ETH-PERP+0.023%−0.0080%1h$5K$2K50xas long as short
Bitget ETHUSDT+0.027%+0.0065%8h$2.11B$3.18B150xas long as short
RISEx ETH/USDC+0.027%+0.0171%1h$5.8M$13.5M25xas long as short
KuCoin ETHUSDTM+0.028%+0.0100%8h$406.7M$680.4M100xas long as short
01 Exchange ETHUSD+0.030%0.0000%1h$179K$1.2M50xas long as short
Backpack ETH_USDC_PERP+0.037%+0.0100%1h$15.2M$40.1M50xas long as short
Lighter RH ETH+0.037%+0.0096%1h$25.9M$121.1M50xas long as short
Pacifica ETH+0.040%+0.0100%1h$31.1M$212.7M50xas long as short
SunX ETH-USDT+0.043%+0.0100%8h$951K$14.8M100xas long as short
Lighter ETH+0.045%+0.0096%1h$119.0M$512.4M50xas long as short
Phemex ETHUSDT+0.046%+0.0020%8h$266.2M$67.1M150xas long as short
SoDEX ETH-USD+0.060%+0.0003%1h$55.6M$161.8M40xas long as short
Bullet ETH-USD+0.067%+0.0030%1h$193K$1.9M20xas long as short
Bluefin ETH-PERP+0.104%+0.0100%1h$21K$26K25xas long as short
gTrade (Gains Network) ETH/USD+0.105%L +0.0006% / S −0.0006%1h$22.3M200xas long as short
GMX ETH/USD [ETH-USDC]+0.108%L +0.0020% / S +0.0013%1h$12.1M200xas long as short
Kraken Futures PF_ETHUSD+0.113%+0.0348%1h$86.9M$316.2M100xas long as short
Nado ETH-PERP+0.137%+0.0100%1h$18.1M$113.9M50xas long as short
Deribit ETH-PERPETUAL+0.139%+0.0174%1h$259.6M$217.4M50xas long as short
Aftermath Perps ETHUSD+0.145%+0.0324%1h$29K$27K20xas long as short
Perpl ETH+0.150%−0.0447%43m$470K$6.0M8.3xas long as short
Orderly PERP_ETH_USDC+0.152%+0.0202%8h$32.4M$10.8M100xas long as short
Paradex ETH-USD-PERP+0.155%+0.0100%8h$14.7M$11.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.156%+0.0088%1h$61.0M$4.81B50xas long as short
Reya ETHRUSDPERP+0.159%+0.0164%1h$7.3M$970K25xas long as short
Hyperliquid ETH+0.172%+0.0401%1h$3.32B$2.21B25xas long as short
Vest ETH-PERP+0.182%+0.0100%1h$1.2M50xas long as short
Polymarket Perps ETH-USD+0.190%+0.0100%1h$10.8M$5.4M50xas long as short
BloFin ETH-USDT+0.192%+0.0212%8h$295.7M$181.2M150xas long as short
Bulk ETH-USD+0.195%+0.0100%1h$154.5M$270.8M25xas long as short
ApeX Omni ETHUSDT+0.198%+0.0016%1h$7.7M$27.7M100xas long as short
Injective ETH/USDC PERP+0.205%+0.0067%1h$119K$22.5M52xas long as short
edgeX ETHUSDC+0.210%+0.0100%4h$176.7M$747.9M100xas long as short
Kalshi KXETHPERP+0.227%0.0000%8h$9.0M$546.7M4.9xas long as short
Jupiter Perps ETH-PERP+0.229%L +0.0096% / S +0.0048%1h$44.9M500xas long as short
StandX ETH-USD+0.237%+0.0100%1h$21.2M$51.4M40xas long as short
Hibachi ETH/USDT-Pshort+0.246%+0.0072%1h$293K$1.3M20x
Phoenix ETH+0.256%+0.0050%1h$1.4M$2.4M25xas long as short
dYdX ETH-USD+0.266%+0.0069%1h$16.2M$33.0M50xas long as short
Variational Omni ETH+0.280%+0.0100%8h$154.5M$303.9Mas long as short
Derive ETH-PERP+0.331%+0.0277%1h$42.9M$27.7M15xas long as short