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 02:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.009%
Price spread now: BingX against Jupiter Perps−0.019%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Jupiter PerpsShort on BingX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.049%−$5 on $10k
Price spread, last 3 days (all we have)−0.005%−$1 · spread now −0.019%, 7d avg −0.034%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps ETH-PERP2,753.3L +0.0096% / S +0.0056%pay 0.0012% / 1h25m 08s—$35.5M500x
ShortBingX ETH-USDC2,752.80.0036get 0.0036% / 8h6h 25m—$17.9M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Jupiter Perps. 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
−$12.6
Price spread: −0.019% → −0.034%
$1.46
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$33.14
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; BingX: live order book, 8 min ago. 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 Jupiter Perps no order-book sample—————
Sell BingX live order book, 8 min ago0.25 bp6.1 bp −$66.2 bp −$627.5 bp −$74911.0 bp −$5,501
Jupiter Perps: 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−0.0447%43m2,752.2−0.041%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,753.1−0.007%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,753.2−0.004%$5.7M$11.4M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,753.7+0.016%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,752.8−0.018%$849K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,753.5+0.009%$10.8M$41.9M50xas long as short
ApeX Omni ETHUSDT+0.0003%1h2,750.4−0.104%$8.7M$31.5M100xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,754.4+0.039%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0024%1h2,753.6+0.011%$181K$1.1M50xas long as short
BingX ETH-USDCshort+0.0036%8h2,752.8−0.019%—$17.9M—
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0046%8h2,753−0.011%$1.69B$10.98B100xas long as short
HTX ETH-USDT+0.0056%8h2,753.3+0.002%$1.07B$1.21B200xas long as short
Aster ETHUSDT+0.0068%8h2,753.3+0.001%$253.2M$856.4M200xas long as short
KuCoin ETHUSDTM+0.0073%8h2,753.1−0.006%$380.4M$607.5M100xas long as short
MEXC ETH_USDT+0.0078%8h2,753−0.012%$1.57B$2.56B500xas long as short
Binance ETHUSDT+0.0079%8h2,753.2−0.005%$6.37B$16.20B150xas long as short
Aevo ETH-PERP+0.0080%1h2,751.5−0.067%$4.9M$168K20xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,754.8+0.054%$59.1M$4.35B50xas long as short
Bitget ETHUSDT+0.0093%8h2,753.2−0.005%$2.08B$2.84B150xas long as short
Lighter ETH+0.0096%1h2,753.7+0.016%$113.2M$442.8M50xas long as short
Lighter RH ETH+0.0096%1h2,755.4+0.075%$24.9M$107.0M50xas long as short
Jupiter Perps ETH-PERPlongL +0.0096% / S +0.0056%1h2,753.3long leg—$35.5M500x
Gate ETH_USDT+0.0098%8h2,753.30.000%$3.40B$8.88B200xas long as short
Phemex ETHUSDT+0.0098%8h2,753.5+0.008%$267.7M$65.9M150xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,757.9+0.168%$16.3M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,752.2−0.040%$469K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,752.9−0.015%$14.0M$112.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,755.3+0.073%$3.13B$2.13B25xas long as short
Pacifica ETH+0.0100%1h2,752.9−0.015%$31.6M$333.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,752.8−0.017%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,752−0.047%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,753.7+0.013%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,752.8−0.018%$15.1M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,753.3−0.001%$133.3M$345.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,751.6−0.061%$181.9M$701.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,751.8−0.055%$160.0M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,753.5+0.007%$21.3M$67.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,754+0.025%—$869K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,753.8+0.018%$10.8M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,753.4+0.002%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,753.9+0.020%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,754.9+0.060%$41.9M$29.5M15xas long as short
SunX ETH-USDT+0.0100%8h2,751.8−0.053%$964K$12.4M100xas long as short
SoDEX ETH-USD+0.0100%1h2,753.6+0.011%$54.8M$187.7M40xas long as short
Bulk ETH-USD+0.0100%1h2,751.8−0.054%$165.7M$300.7M25xas long as short
Aftermath Perps ETHUSD+0.0102%1h2,750.6−0.099%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,752.8−0.019%$30.5M$73.6M50xas long as short
Kalshi KXETHPERP+0.0142%8h2,753.7+0.015%$7.7M$674.8M4.9xas long as short
Deribit ETH-PERPETUAL+0.0142%1h2,754.7+0.050%$258.5M$199.9M50xas long as short
Orderly PERP_ETH_USDC+0.0171%8h2,756.2+0.106%$32.4M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,755.3+0.073%$251K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,750.5−0.102%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0220%1h2,753−0.009%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0353%1h2,754.5+0.044%$90.0M$316.1M100xas long as short