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−$6
spread now+0.152%7d average+0.023%fees + slippage, in and out−$19spread needed0.187%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ETH-USD2,718.60.0430pay 0.0054% / 1h45m 14s$24.5M$21.5M50x
ShortLighter RH ETH2,722.70.0096get 0.0012% / 1h45m 14s$25.8M$115.2M50x

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
$15.15
Funding while held
−$10.03
Slippage, 4 orders
−$8.67
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$13.54
Spread needed to break even
0.187%
Slippage from dYdX: live order book, just now; Lighter RH: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0334%
Per $10,000 a day
$10.03
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 dYdX live order book, just now1.47 bp8.3 bp −$815.9 bp −$15917.4 bp −$1,74223.0 bp −$11.5K
Sell Lighter RH live order book, 5 min ago1.03 bp1.0 bp −$11.4 bp −$145.3 bp −$53458.7 bp −$29.3K

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
Backpack ETH_USDC_PERP−0.036%+0.0032%1h$15.4M$38.2M50xas long as short
dYdX ETH-USDlong0.000%+0.0430%1h$24.5M$21.5M50x
Injective ETH/USDC PERP+0.012%−0.0112%1h$117K$22.5M52xas long as short
Pacifica ETH+0.013%+0.0100%1h$30.8M$188.4M50xas long as short
Variational Omni ETH+0.020%+0.0100%8h$152.3M$292.5Mas long as short
Nado ETH-PERP+0.021%+0.0100%1h$18.8M$111.0M50xas long as short
StandX ETH-USD+0.026%+0.0100%1h$20.8M$55.3M40xas long as short
Hotstuff ETH-PERP+0.034%−0.0080%1h$5K$1K50xas long as short
Bulk ETH-USD+0.038%+0.0100%1h$148.8M$275.4M25xas long as short
Kalshi KXETHPERP+0.041%0.0000%8h$4.6M$481.3M4.9xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ETH-USD+0.046%+0.0104%1h$32.6M$72.8M50xas long as short
BloFin ETH-USDT+0.064%+0.0220%8h$293.6M$170.9M150xas long as short
Paradex ETH-USD-PERP+0.066%+0.0099%8h$14.1M$11.4M50xas long as short
HTX ETH-USDT+0.067%+0.0100%8h$1.08B$1.14B200xas long as short
SunX ETH-USDT+0.070%+0.0100%8h$938K$14.1M100xas long as short
Katana Perps ETH-USD+0.071%+0.0100%8h$468K$1.9M50xas long as short
OKX ETH-USDT-SWAP+0.071%+0.0016%8h$1.71B$10.58B100xas long as short
Bybit ETHUSDT+0.071%+0.0100%8h$2.42B$4.28B150xas long as short
Ondo Perps ETH-USD.P+0.074%+0.0285%1h$3.2M$12.6M25xas long as short
BingX ETH-USDT+0.075%+0.0100%8h$1.05Bas long as short
Reya ETHRUSDPERP+0.075%+0.0148%1h$7.3M$912K25xas long as short
KuCoin ETHUSDTM+0.080%+0.0100%8h$393.0M$670.1M100xas long as short
Bluefin ETH-PERP+0.080%+0.0694%1h$19K$24K25xas long as short
MEXC ETH_USDT+0.081%+0.0100%8h$1.54B$2.33B500xas long as short
Bitget ETHUSDT+0.081%+0.0079%8h$2.12B$2.96B150xas long as short
Binance ETHUSDT+0.081%+0.0100%8h$6.54B$14.55B150xas long as short
SoDEX ETH-USD+0.082%+0.0085%1h$55.4M$139.7M40xas long as short
RISEx ETH/USDC+0.083%+0.0266%1h$5.9M$13.5M25xas long as short
Arcus ETH-USD+0.086%+0.0100%1h$2.4M$14.3M25xas long as short
Perpl ETH+0.086%−0.0335%43m$181K$5.3M8.3xas long as short
Gate ETH_USDT+0.087%−0.0040%8h$3.67B$8.32B200xas long as short
Bullet ETH-USD+0.090%+0.0066%1h$181K$1.9M20xas long as short
Aster ETHUSDT+0.093%+0.0100%8h$267.7M$812.6M200xas long as short
GMX ETH/USD [ETH-USDC]+0.095%L +0.0016% / S +0.0014%1h$11.6M200xas long as short
Aevo ETH-PERP+0.096%+0.0096%1h$4.9M$778K20xas long as short
Jupiter Perps ETH-PERP+0.101%L +0.0096% / S +0.0048%1h$41.5M500xas long as short
gTrade (Gains Network) ETH/USD+0.102%L +0.0006% / S −0.0006%1h$22.1M200xas long as short
Lighter ETH+0.105%+0.0096%1h$118.5M$471.3M50xas long as short
Vest ETH-PERP+0.105%+0.0100%1h$1.2M50xas long as short
Coinbase International ETH-PERP-INTX+0.107%+0.0056%1h$60.7M$4.68B50xas long as short
Phemex ETHUSDT+0.109%+0.0046%8h$263.2M$65.7M150xas long as short
Kraken Futures PF_ETHUSD+0.113%+0.0262%1h$85.0M$313.7M100xas long as short
Aftermath Perps ETHUSD+0.117%+0.0230%1h$29K$34K20xas long as short
Polymarket Perps ETH-USD+0.126%+0.0100%1h$10.7M$4.8M50xas long as short
ApeX Omni ETHUSDT+0.131%+0.0028%1h$7.6M$27.4M100xas long as short
Deribit ETH-PERPETUAL+0.132%+0.0195%1h$259.5M$209.0M50xas long as short
edgeX ETHUSDC+0.149%+0.0100%4h$192.3M$668.9M100xas long as short
Lighter RH ETHshort+0.152%+0.0096%1h$25.8M$115.2M50x
Orderly PERP_ETH_USDC+0.159%+0.0213%8h$31.9M$11.1M100xas long as short
01 Exchange ETHUSD+0.159%+0.0536%1h$186K$1.0M50xas long as short
Hibachi ETH/USDT-P+0.184%+0.0248%1h$306K$1.2M20xas long as short
Hyperliquid ETH+0.188%+0.0226%1h$3.17B$2.07B25xas long as short
Phoenix ETH+0.196%+0.0070%1h$1.4M$2.4M25xas long as short
Derive ETH-PERP+0.256%+0.0773%1h$42.3M$18.9M15xas long as short