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 03:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.002%
Price spread now: Nado against HTX+0.049%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Long on HTXShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.049%, 7d avg +0.014%
Together, before fees+0.188%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.035% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,744.20.0099pay 0.0099% / 8h5h 31m$1.06B$1.18B200x
ShortNado ETH-PERP2,745.50.0100get 0.0012% / 1h31m 49s$13.9M$105.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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
$0.28
Price spread: +0.049% → +0.014%
$3.52
Slippage, 4 orders
−$0.4
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$15.6
Costs to cover
0.194%
Break-even
403.1 days
Slippage from HTX: live order book, 2 min ago; Nado: live order book, 2 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 HTX live order book, 2 min ago0.02 bp6.0 bp −$66.0 bp −$607.5 bp −$75411.7 bp −$5,837
Sell Nado live order book, 2 min ago0.18 bp3.7 bp −$43.9 bp −$396.2 bp −$61614.0 bp −$6,982

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
Hotstuff ETH-PERP−0.0080%1h2,745.3+0.040%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,743.1−0.040%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,745.3+0.039%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,745.1+0.033%$10.8M$41.8M50xas long as short
Perpl ETH0.0000%43m2,745+0.028%$305K$5.6M8.3xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,745.3+0.042%$22.2M—200xas long as short
Phoenix ETH+0.0017%1h2,745.2+0.037%$848K$2.9M25xas long as short
01 Exchange ETHUSD+0.0032%1h2,745.8+0.059%$183K$914K50xas long as short
ApeX Omni ETHUSDT+0.0046%1h2,741.3−0.105%$8.9M$30.9M100xas long as short
BingX ETH-USDC+0.0050%8h2,745+0.028%—$18.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0064%8h2,745.8+0.058%$1.70B$10.58B100xas long as short
KuCoin ETHUSDTM+0.0065%8h2,745.4+0.043%$383.4M$583.9M100xas long as short
RISEx ETH/USDC+0.0077%1h2,746.2+0.073%$5.7M$11.2M25xas long as short
Bullet ETH-USD+0.0081%1h2,744.9+0.027%$181K$1.7M20xas long as short
Aster ETHUSDT+0.0083%8h2,745.8+0.059%$252.4M$840.9M200xas long as short
Aevo ETH-PERP+0.0088%1h2,742−0.079%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0091%8h2,745.8+0.059%$1.56B$2.54B500xas long as short
Binance ETHUSDT+0.0091%8h2,745.8+0.059%$6.38B$15.68B150xas long as short
Lighter ETH+0.0096%1h2,745.9+0.064%$112.8M$433.6M50xas long as short
Lighter RH ETH+0.0096%1h2,747.3+0.113%$24.7M$103.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,745.3+0.040%—$30.7M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,745.8+0.059%$58.7M$4.27B50xas long as short
HTX ETH-USDTlong+0.0099%8h2,744.2long leg$1.06B$1.18B200x
Paradex ETH-USD-PERP+0.0100%8h2,750.2+0.219%$16.0M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,745.5+0.048%$468K$3.0M50xas long as short
Nado ETH-PERPshort+0.0100%1h2,745.5+0.049%$13.9M$105.4M50x
Hyperliquid ETH+0.0100%1h2,747.8+0.132%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,746.3+0.076%$31.7M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,745.9+0.062%$2.46B$4.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,744.9+0.026%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,746.1+0.068%$2.7M$16.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,741.5−0.097%$164.1M$300.8M25xas long as short
Gate ETH_USDT+0.0100%8h2,745.6+0.053%$3.39B$8.73B200xas long as short
Bitget ETHUSDT+0.0100%8h2,745.7+0.054%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,743.8−0.014%$15.0M$40.9M50xas long as short
Variational Omni ETH+0.0100%8h2,740.7−0.128%$132.6M$333.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,740.6−0.133%$182.1M$690.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,742.9−0.045%$159.5M$83.9M50xas long as short
StandX ETH-USD+0.0100%1h2,744.8+0.022%$21.2M$68.0M40xas long as short
Vest ETH-PERP+0.0100%1h2,746.2+0.075%—$819K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,746.6+0.088%$11.0M$8.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,745.2+0.037%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,746.1+0.068%$41.5M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,744.9+0.024%$962K$11.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,744.3+0.004%$54.7M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,744.2+0.002%$266.9M$65.1M150xas long as short
Extended ETH-USD+0.0104%1h2,744.7+0.019%$30.6M$72.4M50xas long as short
Aftermath Perps ETHUSD+0.0132%1h2,742.9−0.047%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0133%1h2,745.7+0.054%$258.8M$195.9M50xas long as short
Kalshi KXETHPERP+0.0159%8h2,745.6+0.051%$7.6M$669.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0190%8h2,746.7+0.090%$32.3M$11.3M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,745.4+0.044%$87.0M$310.1M100xas long as short
Reya ETHRUSDPERP+0.0227%1h2,745.1+0.034%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,746.2+0.072%$252K$1.4M20xas long as short
BloFin ETH-USDT+0.0292%8h2,745.4+0.044%$285.2M$182.1M150xas long as short