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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.1% APRpaid last 24h +0.016%
Price spread now: Reya against HTX+0.013%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.059%+$6 on $10k
Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.013%, 7d avg −0.003%
Together, before fees+0.088%+ Points / potential airdropReya: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,745.60.0055pay 0.0055% / 8h6h 20m$1.06B$1.20B200x
ShortReya ETHRUSDPERP2,7460.0221get 0.0028% / 1h20m 05s$7.3M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$34.74
Price spread: +0.013% → −0.003%
$1.63
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$18.36
Costs to cover
0.180%
Break-even
3.3 days
Slippage unknown: HTX: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

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, 4 min ago0.02 bp6.0 bp −$66.0 bp −$606.9 bp −$69210.9 bp −$5,475
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETH on 54 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−0.0112%43m2,747.6+0.074%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,750+0.160%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,746.6+0.036%$5.7M$11.4M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0009% / S +0.0043%1h2,746.4+0.029%$12.1M200xas long as short
Phoenix ETH−0.0006%1h2,752.8+0.262%$849K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,747+0.051%$10.8M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,746.4+0.029%$22.2M200xas long as short
01 Exchange ETHUSD+0.0024%1h2,747.1+0.054%$181K$1.1M50xas long as short
ApeX Omni ETHUSDT+0.0028%1h2,751.6+0.219%$8.7M$31.5M100xas long as short
BingX ETH-USDT+0.0037%8h2,747.6+0.071%$1.18Bas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0047%8h2,746.4+0.028%$1.69B$10.96B100xas long as short
HTX ETH-USDTlong+0.0055%8h2,745.6long leg$1.06B$1.20B200x
Aster ETHUSDT+0.0070%8h2,746.3+0.026%$252.9M$857.8M200xas long as short
KuCoin ETHUSDTM+0.0071%8h2,746.2+0.020%$372.2M$610.1M100xas long as short
Aevo ETH-PERP+0.0080%1h2,743.1−0.091%$4.9M$168K20xas long as short
MEXC ETH_USDT+0.0081%8h2,746.3+0.025%$1.56B$2.57B500xas long as short
Binance ETHUSDT+0.0081%8h2,746+0.013%$6.38B$16.22B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,746.9+0.046%$58.9M$4.34B50xas long as short
Gate ETH_USDT+0.0091%8h2,747.6+0.072%$3.39B$8.91B200xas long as short
Bitget ETHUSDT+0.0094%8h2,747+0.049%$2.08B$2.84B150xas long as short
Lighter ETH+0.0096%1h2,746.1+0.016%$112.9M$443.7M50xas long as short
Lighter RH ETH+0.0096%1h2,747.7+0.075%$24.8M$107.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,746.6+0.037%$35.6M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,750.7+0.185%$16.3M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,746+0.014%$478K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,746.2+0.022%$14.0M$112.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,748.5+0.105%$3.13B$2.10B25xas long as short
Pacifica ETH+0.0100%1h2,747.3+0.060%$31.5M$333.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,746.3+0.025%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,746.1+0.017%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,747+0.050%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,746.8+0.043%$15.0M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,748.7+0.113%$133.2M$345.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,750.9+0.193%$181.9M$703.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,752+0.231%$160.0M$83.0M50xas long as short
StandX ETH-USD+0.0100%1h2,752.7+0.258%$21.3M$68.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,748+0.087%$869K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,746.8+0.043%$10.7M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,746+0.015%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,746.5+0.030%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,747.5+0.070%$41.8M$29.5M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.2+0.021%$963K$12.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,745.5−0.004%$54.7M$187.7M40xas long as short
Phemex ETHUSDT+0.0100%8h2,745.9+0.011%$267.0M$65.9M150xas long as short
Bulk ETH-USD+0.0100%1h2,751.8+0.225%$165.7M$300.7M25xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,750.5+0.178%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,744.8−0.030%$30.5M$73.5M50xas long as short
Deribit ETH-PERPETUAL+0.0118%1h2,747.1+0.054%$258.5M$199.9M50xas long as short
Kalshi KXETHPERP+0.0143%8h2,747.3+0.061%$7.7M$674.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0172%8h2,748.3+0.099%$32.3M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,750.9+0.194%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,750.8+0.189%$118K$22.5M52xas long as short
Reya ETHRUSDPERPshort+0.0221%1h2,746+0.013%$7.3M$1.1M25x
Kraken Futures PF_ETHUSD+0.0354%1h2,746.5+0.031%$89.1M$317.0M100xas long as short