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−$19
spread now−0.057%7d average−0.031%fees + slippage, in and out−$16spread needed0.163%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ETH-PERPETUAL2,7510get 0.0000% / 1h18m 41s$259.4M$209.7M50x
ShortgTrade (Gains Network) ETH/USD2,749.4L +0.0006% / S −0.0006%get 0.0001% / 1h18m 41s$22.3M200x

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
−$5.71
Funding while held
$0.19
Slippage, 4 orders
−$2.3
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$21.82
Spread needed to break even
0.163%
Slippage from Deribit: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0006%
Per $10,000 a day
+$0.19
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 Deribit live order book, 2 min ago0.27 bp4.2 bp −$45.0 bp −$5012.7 bp −$1,26925.7 bp −$12.8K
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago0.51 bp4.0 bp −$44.1 bp −$415.0 bp −$5008.9 bp −$4,450

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
Perpl ETH−0.110%−0.0447%43m$461K$6.2M8.3xas long as short
Nado ETH-PERP−0.081%+0.0100%1h$17.9M$111.0M50xas long as short
Aevo ETH-PERP−0.076%+0.0064%1h$5.0M$720K20xas long as short
Bullet ETH-USD−0.068%+0.0100%1h$198K$1.8M20xas long as short
HTX ETH-USDT−0.065%−0.0015%8h$1.09B$1.19B200xas long as short
SoDEX ETH-USD−0.064%+0.0014%1h$55.5M$161.9M40xas long as short
SunX ETH-USDT−0.063%+0.0014%8h$948K$14.5M100xas long as short
gTrade (Gains Network) ETH/USDshort−0.057%L +0.0006% / S −0.0006%1h$22.3M200x
Bluefin ETH-PERP−0.046%+0.2186%1h$21K$26K25xas long as short
GMX ETH/USD [ETH-USDC]−0.041%L −0.0013% / S +0.0045%1h$11.7M200xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya ETHRUSDPERP−0.038%+0.0175%1h$7.3M$958K25xas long as short
BloFin ETH-USDT−0.032%+0.0189%8h$292.7M$175.7M150xas long as short
Backpack ETH_USDC_PERP−0.015%+0.0100%1h$15.2M$39.3M50xas long as short
Phemex ETHUSDT−0.009%+0.0100%8h$265.1M$66.8M150xas long as short
Deribit ETH-PERPETUALlong0.000%0.0000%1h$259.4M$209.7M50x
Hotstuff ETH-PERP+0.001%−0.0080%1h$5K$2K50xas long as short
Vest ETH-PERP+0.004%+0.0100%1h$1.1M50xas long as short
Polymarket Perps ETH-USD+0.009%+0.0100%1h$10.7M$5.4M50xas long as short
Jupiter Perps ETH-PERP+0.015%L +0.0096% / S +0.0048%1h$44.0M500xas long as short
Kraken Futures PF_ETHUSD+0.016%+0.0263%1h$85.1M$317.0M100xas long as short
Bitget ETHUSDT+0.018%+0.0079%8h$2.10B$3.11B150xas long as short
OKX ETH-USDT-SWAP+0.020%+0.0013%8h$1.71B$11.12B100xas long as short
Kalshi KXETHPERP+0.023%+0.0135%8h$10.2M$565.1M4.9xas long as short
BingX ETH-USDC+0.029%+0.0012%8h$16.9Mas long as short
KuCoin ETHUSDTM+0.029%+0.0100%8h$425.9M$681.4M100xas long as short
MEXC ETH_USDT+0.034%+0.0068%8h$1.52B$2.50B500xas long as short
Orderly PERP_ETH_USDC+0.034%+0.0184%8h$32.3M$10.8M100xas long as short
Coinbase International ETH-PERP-INTX+0.035%+0.0120%1h$59.6M$4.69B50xas long as short
Gate ETH_USDT+0.035%+0.0100%8h$3.45B$8.97B200xas long as short
Extended ETH-USD+0.036%+0.0104%1h$31.8M$78.0M50xas long as short
Lighter ETH+0.040%+0.0096%1h$116.2M$501.8M50xas long as short
Derive ETH-PERP+0.042%+0.0100%1h$42.6M$29.6M15xas long as short
Bybit ETHUSDT+0.046%+0.0100%8h$2.52B$4.42B150xas long as short
Aster ETHUSDT+0.048%+0.0100%8h$275.0M$887.6M200xas long as short
Katana Perps ETH-USD+0.052%+0.0100%8h$463K$2.1M50xas long as short
Binance ETHUSDT+0.057%+0.0068%8h$6.55B$15.90B150xas long as short
Pacifica ETH+0.060%+0.0100%1h$31.2M$223.9M50xas long as short
StandX ETH-USD+0.060%+0.0100%1h$21.1M$51.3M40xas long as short
Ondo Perps ETH-USD.P+0.067%+0.0100%1h$3.0M$14.8M25xas long as short
Lighter RH ETH+0.073%+0.0096%1h$25.2M$118.8M50xas long as short
Arcus ETH-USD+0.073%+0.0100%1h$2.7M$16.1M25xas long as short
01 Exchange ETHUSD+0.074%+0.0040%1h$180K$1.2M50xas long as short
Phoenix ETH+0.078%+0.0035%1h$1.4M$2.4M25xas long as short
RISEx ETH/USDC+0.080%+0.0122%1h$5.8M$12.9M25xas long as short
dYdX ETH-USD+0.102%+0.0001%1h$16.1M$34.6M50xas long as short
ApeX Omni ETHUSDT+0.108%+0.0091%1h$8.1M$27.9M100xas long as short
Hyperliquid ETH+0.143%+0.0441%1h$3.29B$2.12B25xas long as short
Hibachi ETH/USDT-P+0.161%+0.0112%1h$283K$1.4M20xas long as short
Paradex ETH-USD-PERP+0.162%+0.0100%8h$15.0M$11.6M50xas long as short
Injective ETH/USDC PERP+0.234%−0.0054%1h$118K$22.5M52xas long as short
Aftermath Perps ETHUSD+0.247%+0.0302%1h$29K$21K20xas long as short
Variational Omni ETH+0.252%+0.0100%8h$145.7M$311.3Mas long as short
edgeX ETHUSDC+0.279%+0.0100%4h$178.9M$763.8M100xas long as short
Bulk ETH-USD+0.307%+0.0061%1h$159.6M$276.9M25xas long as short