Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against Gate−0.017%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Long on GateShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.017%, 7d avg +0.003%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETH_USDT2,735.90.0100pay 0.0100% / 8h4h 51m$3.38B$8.68B200x
ShortBinance ETHUSDT2,735.50.0091get 0.0091% / 8h4h 51m$6.35B$15.70B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.87
Price spread: −0.017% → +0.003%
−$2
Slippage, 4 orders
−$0.07
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$28.94
Costs to cover
0.251%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago0.02 bp7.5 bp −$87.7 bp −$7710.9 bp −$1,09219.7 bp −$9,834
Sell Binance live order book, 8 min ago0.02 bp5.0 bp −$55.0 bp −$505.5 bp −$5528.2 bp −$4,123

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0447%43m2,735.6−0.014%$300K$5.5M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,740.3+0.159%$118K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,735.6−0.012%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,736+0.003%$12.0M—200xas long as short
dYdX ETH-USD0.0000%1h2,736.2+0.009%$10.8M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,736.3+0.013%$181K$834K50xas long as short
Phoenix ETH0.0000%1h2,741.2+0.192%$832K$2.9M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,736.2+0.008%$25.5M—200xas long as short
SoDEX ETH-USD+0.0045%1h2,735.2−0.027%$54.5M$187.6M40xas long as short
Bullet ETH-USD+0.0051%1h2,735.4−0.018%$180K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0055%8h2,735−0.036%—$18.4M—as long as short
OKX ETH-USDT-SWAP+0.0070%8h2,735.7−0.009%$1.68B$10.61B100xas long as short
KuCoin ETHUSDTM+0.0072%8h2,735.4−0.020%$380.8M$573.3M100xas long as short
Aster ETHUSDT+0.0083%8h2,735.9−0.002%$253.0M$840.3M200xas long as short
Aevo ETH-PERP+0.0088%1h2,733.2−0.100%$4.9M$154K20xas long as short
MEXC ETH_USDT+0.0091%8h2,735.5−0.015%$1.55B$2.52B500xas long as short
Binance ETHUSDTshort+0.0091%8h2,735.5−0.017%$6.35B$15.70B150x
Lighter ETH+0.0096%1h2,735.6−0.014%$112.5M$431.9M50xas long as short
Lighter RH ETH+0.0096%1h2,736.7+0.027%$24.4M$103.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,737.5+0.059%—$30.5M500xas long as short
RISEx ETH/USDC+0.0099%1h2,736.3+0.014%$5.6M$11.4M25xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,739.5+0.131%$15.8M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,735.2−0.027%$499K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,735.6−0.013%$13.9M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,737.2+0.046%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,736.4+0.017%$31.6M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,736.1+0.005%$2.43B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,735.3−0.023%$2.7M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,736+0.002%$2.8M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,740.8+0.176%$166.9M$306.7M25xas long as short
Gate ETH_USDTlong+0.0100%8h2,735.9long leg$3.38B$8.68B200x
Bitget ETHUSDT+0.0100%8h2,735.8−0.004%$2.07B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,735.3−0.023%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,741+0.183%$133.2M$324.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,739.9+0.143%$182.1M$665.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,737.4+0.052%$159.2M$83.8M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,734.9−0.037%$8.7M$30.7M100xas long as short
StandX ETH-USD+0.0100%1h2,739.3+0.123%$21.1M$69.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,737.6+0.061%—$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,737.3+0.050%$10.9M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,737.5+0.056%$41.4M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,734.4−0.057%$959K$11.4M100xas long as short
HTX ETH-USDT+0.0100%8h2,735.7−0.011%$1.06B$1.18B200xas long as short
Phemex ETHUSDT+0.0100%8h2,735.1−0.031%$265.8M$65.2M150xas long as short
Extended ETH-USD+0.0104%1h2,734.8−0.043%$30.6M$72.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,737.5+0.058%$51.1M$4.26B50xas long as short
Aftermath Perps ETHUSD+0.0125%1h2,739.7+0.137%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0157%8h2,737.3+0.050%$7.7M$672.9M4.9xas long as short
Deribit ETH-PERPETUAL+0.0174%1h2,736.7+0.029%$260.0M$194.7M50xas long as short
Orderly PERP_ETH_USDC+0.0194%8h2,738.1+0.077%$32.2M$11.4M100xas long as short
BloFin ETH-USDT+0.0211%8h2,738.4+0.090%$285.5M$172.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,735.90.000%$85.9M$309.6M100xas long as short
Reya ETHRUSDPERP+0.0224%1h2,735.8−0.007%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,739.6+0.133%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.1676%1h2,736.3+0.011%$21K$20K25xas long as short