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−$26
spread now−0.082%7d average−0.012%fees + slippage, in and out−$19spread needed0.194%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ETH/USD2,760.1L +0.0006% / S −0.0006%pay 0.0001% / 1h22m 02s$22.3M200x
ShortBybit ETHUSDT2,757.80.0100get 0.0100% / 8h7h 22m$2.53B$4.45B150x

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
−$8.22
Funding while held
$2.81
Slippage, 4 orders
−$1.37
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$24.79
Spread needed to break even
0.194%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Bybit: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0094%
Per $10,000 a day
+$2.81
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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago0.54 bp4.0 bp −$44.1 bp −$415.0 bp −$5018.9 bp −$4,453
Sell Bybit live order book, 4 min ago0.02 bp5.5 bp −$65.5 bp −$556.7 bp −$6708.3 bp −$4,172

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−0.163%−0.0447%43m$462K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.127%−0.0080%1h$5K$2K50xas long as short
Nado ETH-PERP−0.112%+0.0100%1h$18.0M$111.5M50xas long as short
SunX ETH-USDT−0.112%+0.0028%8h$950K$14.6M100xas long as short
Aster ETHUSDT−0.099%+0.0100%8h$277.3M$890.8M200xas long as short
Injective ETH/USDC PERP−0.098%−0.0054%1h$118K$22.5M52xas long as short
Aevo ETH-PERP−0.097%+0.0072%1h$5.0M$723K20xas long as short
Ondo Perps ETH-USD.P−0.095%+0.0100%1h$3.0M$14.9M25xas long as short
BloFin ETH-USDT−0.091%+0.0193%8h$292.3M$176.4M150xas long as short
Binance ETHUSDT−0.089%+0.0070%8h$6.56B$15.94B150xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ETHUSDT−0.085%+0.0079%8h$2.11B$3.14B150xas long as short
BingX ETH-USDC−0.083%+0.0010%8h$16.9Mas long as short
Gate ETH_USDT−0.083%+0.0100%8h$3.46B$8.93B200xas long as short
Bybit ETHUSDTshort−0.082%+0.0100%8h$2.53B$4.45B150x
HTX ETH-USDT−0.077%+0.0008%8h$1.09B$1.20B200xas long as short
OKX ETH-USDT-SWAP−0.077%+0.0014%8h$1.72B$11.22B100xas long as short
Katana Perps ETH-USD−0.076%+0.0100%8h$470K$2.1M50xas long as short
KuCoin ETHUSDTM−0.075%+0.0100%8h$422.4M$692.3M100xas long as short
Hibachi ETH/USDT-P−0.070%+0.0112%1h$283K$1.4M20xas long as short
Bullet ETH-USD−0.066%+0.0100%1h$199K$1.8M20xas long as short
Backpack ETH_USDC_PERP−0.064%+0.0100%1h$15.3M$39.4M50xas long as short
Reya ETHRUSDPERP−0.063%+0.0174%1h$7.4M$958K25xas long as short
Arcus ETH-USD−0.060%+0.0100%1h$2.7M$16.1M25xas long as short
MEXC ETH_USDT−0.059%+0.0072%8h$1.52B$2.48B500xas long as short
Pacifica ETH−0.057%+0.0100%1h$31.3M$221.5M50xas long as short
Phemex ETHUSDT−0.057%+0.0085%8h$265.9M$66.8M150xas long as short
Vest ETH-PERP−0.056%+0.0100%1h$1.1M50xas long as short
01 Exchange ETHUSD−0.055%+0.0048%1h$180K$1.2M50xas long as short
dYdX ETH-USD−0.054%+0.0001%1h$16.1M$34.7M50xas long as short
ApeX Omni ETHUSDT−0.052%+0.0100%1h$8.1M$28.0M100xas long as short
RISEx ETH/USDC−0.049%+0.0122%1h$5.8M$13.0M25xas long as short
Polymarket Perps ETH-USD−0.047%+0.0100%1h$10.7M$5.5M50xas long as short
Lighter ETH−0.044%+0.0096%1h$116.5M$500.3M50xas long as short
SoDEX ETH-USD−0.040%+0.0018%1h$55.7M$162.0M40xas long as short
StandX ETH-USD−0.037%+0.0100%1h$21.2M$51.1M40xas long as short
Extended ETH-USD−0.035%+0.0104%1h$31.7M$78.2M50xas long as short
Bulk ETH-USD−0.025%+0.0061%1h$159.6M$276.9M25xas long as short
GMX ETH/USD [ETH-USDC]−0.023%L −0.0013% / S +0.0045%1h$11.8M200xas long as short
Kalshi KXETHPERP−0.022%+0.0134%8h$10.2M$563.6M4.9xas long as short
Jupiter Perps ETH-PERP−0.017%L +0.0096% / S +0.0048%1h$44.2M500xas long as short
Lighter RH ETH−0.011%+0.0096%1h$25.3M$118.5M50xas long as short
Bluefin ETH-PERP−0.010%+0.2399%1h$21K$26K25xas long as short
gTrade (Gains Network) ETH/USDlong0.000%L +0.0006% / S −0.0006%1h$22.3M200x
Coinbase International ETH-PERP-INTX+0.005%+0.0120%1h$59.9M$4.72B50xas long as short
Kraken Futures PF_ETHUSD+0.008%+0.0262%1h$85.8M$315.9M100xas long as short
Deribit ETH-PERPETUAL+0.028%+0.0091%1h$259.5M$211.8M50xas long as short
edgeX ETHUSDC+0.038%+0.0100%4h$179.0M$762.7M100xas long as short
Hyperliquid ETH+0.039%+0.0460%1h$3.30B$2.12B25xas long as short
Aftermath Perps ETHUSD+0.041%+0.0293%1h$29K$22K20xas long as short
Derive ETH-PERP+0.057%+0.0100%1h$42.8M$29.6M15xas long as short
Orderly PERP_ETH_USDC+0.059%+0.0185%8h$32.4M$10.8M100xas long as short
Paradex ETH-USD-PERP+0.072%+0.0100%8h$15.0M$11.7M50xas long as short
Variational Omni ETH+0.106%+0.0100%8h$145.9M$312.0Mas long as short
Phoenix ETH+0.181%+0.0035%1h$1.4M$2.4M25xas long as short