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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

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
My alerts

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 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.036%
Price spread now: Pacifica against Gate−0.022%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Long on GateShort on Pacifica
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.016%+$2 · spread now −0.022%, 7d avg +0.010%
Together, before fees+0.092%+ Points / potential airdropPacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.010%). If the spread goes back, that is −$3 on $10k: about 3.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETH_USDT2,771.10.0067pay 0.0067% / 8h7m 50s$3.29B$9.69B200x
ShortPacifica ETH2,770.50.0100get 0.0013% / 1h7m 50s$31.2M$316.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$6.93
Price spread: −0.022% → +0.010%
−$3.2
Slippage, 4 orders
−$0.4
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$19.66
Costs to cover
0.234%
Break-even
26.9 days
Slippage from Gate: live order book, 1 min ago; Pacifica: live order book, 1 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, 1 min ago0.02 bp7.5 bp −$87.5 bp −$7510.9 bp −$1,08921.0 bp −$10.5K
Sell Pacifica live order book, 1 min ago0.18 bp4.2 bp −$44.7 bp −$47doesn't fitdoesn't fit

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−0.0223%43m2,770.8−0.012%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,770.6−0.020%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.325%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.6−0.018%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0023%1h2,770.5−0.022%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,771.5+0.014%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,771.3+0.007%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.5+0.014%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.2+0.075%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0021%8h2,770.2−0.034%$1.71B$11.88B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,772.6+0.054%$12.8M—200xas long as short
Phemex ETHUSDT+0.0027%8h2,771.9+0.028%$270.2M$68.8M150xas long as short
Aftermath Perps ETHUSD+0.0028%1h2,771.5+0.015%$29K$22K20xas long as short
Aster ETHUSDT+0.0031%8h2,770.9−0.008%$255.7M$1.00B200xas long as short
SoDEX ETH-USD+0.0033%1h2,772.1+0.036%$55.2M$228.8M40xas long as short
Bullet ETH-USD+0.0036%1h2,771.8+0.025%$181K$1.7M20xas long as short
MEXC ETH_USDT+0.0055%8h2,771.1−0.002%$1.62B$2.66B500xas long as short
Binance ETHUSDT+0.0055%8h2,770.2−0.032%$6.45B$17.30B150xas long as short
Aevo ETH-PERP+0.0056%1h2,772.5+0.050%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,770.3−0.028%$2.10B$3.10B150xas long as short
Gate ETH_USDTlong+0.0067%8h2,771.1long leg$3.29B$9.69B200x
KuCoin ETHUSDTM+0.0081%8h2,772.2+0.040%$421.4M$738.6M100xas long as short
Bybit ETHUSDT+0.0088%8h2,770.5−0.023%$2.51B$4.62B150xas long as short
BingX ETH-USDC+0.0088%8h2,770.8−0.010%—$17.4M—as long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,773.6+0.091%$60.3M$4.59B50xas long as short
HTX ETH-USDT+0.0093%8h2,772.1+0.036%$1.08B$1.32B200xas long as short
Nado ETH-PERP+0.0095%1h2,770.1−0.038%$14.3M$118.2M50xas long as short
Lighter ETH+0.0096%1h2,770.8−0.011%$115.1M$501.7M50xas long as short
Lighter RH ETH+0.0096%1h2,772.3+0.044%$25.3M$122.1M50xas long as short
Vest ETH-PERP+0.0096%1h2,771.10.000%—$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,769.7−0.052%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.2−0.033%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.6+0.054%$3.17B$2.36B25xas long as short
Pacifica ETHshort+0.0100%1h2,770.5−0.022%$31.2M$316.9M50x
Ondo Perps ETH-USD.P+0.0100%1h2,769.6−0.054%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.2+0.004%$2.7M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.4−0.062%$169.4M$262.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,772.5+0.049%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.4−0.097%$147.1M$335.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,770−0.040%$181.8M$783.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.7−0.087%$161.0M$89.8M50xas long as short
StandX ETH-USD+0.0100%1h2,771.10.000%$21.4M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,772.1+0.036%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.5+0.049%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,771.3+0.006%$973K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,774.5+0.124%$42.7M$29.4M15xas long as short
Extended ETH-USD+0.0104%1h2,771.1−0.002%$32.5M$78.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.8+0.025%—$43.8M500xas long as short
Kalshi KXETHPERP+0.0105%8h2,771.7+0.021%$8.2M$688.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,773.5+0.088%$90.4M$338.6M100xas long as short
Deribit ETH-PERPETUAL+0.0125%1h2,773.8+0.098%$259.0M$222.2M50xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,774.9+0.136%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0176%8h2,770.7−0.015%$286.6M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0205%1h2,771.7+0.020%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,771.9+0.030%$252K$1.6M20xas long as short