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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0080%/8hpaid last 24h −0.017%
Price spread now: OKX against Jupiter Perps−0.093%7-day average −0.023% · you buy dearer than you sell
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)−0.038%−$4 on $10k
Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.093%, 7d avg −0.023%
Together, before fees+0.035%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.070% cheaper against Jupiter Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps ETH-PERP2,763.1L +0.0096% / S +0.0048%pay 0.0012% / 1h6m 50s$44.1M500x
ShortOKX ETH-USDT-SWAP2,760.50.0016get 0.0016% / 8h4h 06m$1.73B$11.31B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$16.82
Price spread: −0.093% → −0.023%
−$6.97
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$45.79
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago0.02 bp5.0 bp −$55.2 bp −$526.3 bp −$6328.5 bp −$4,270
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 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%43m2,762.1−0.033%$269K$6.6M8.3xas long as short
Injective ETH/USDC PERP−0.0208%1h2,761.8−0.045%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,761.1−0.071%$5K$2K50xas long as short
SoDEX ETH-USD−0.0019%1h2,762.1−0.035%$55.7M$184.4M40xas long as short
Phoenix ETH−0.0003%1h2,762.9−0.006%$928K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,763.2+0.003%$13.5M$42.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,763.6+0.018%$22.4M200xas long as short
Bulk ETH-USD+0.0012%1h2,762.6−0.017%$165.0M$265.6M25xas long as short
OKX ETH-USDT-SWAPshort+0.0016%8h2,760.5−0.093%$1.73B$11.31B100x
ApeX Omni ETHUSDT+0.0018%1h2,761.7−0.050%$8.4M$28.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETH-PERPETUAL+0.0018%1h2,764.2+0.040%$258.4M$209.2M50xas long as short
GMX ETH/USD [ETH-USDC]L +0.0020% / S +0.0013%1h2,763.6+0.020%$12.3M200xas long as short
Bullet ETH-USD+0.0022%1h2,762.4−0.024%$194K$1.8M20xas long as short
01 Exchange ETHUSD+0.0024%1h2,763.8+0.027%$178K$1.2M50xas long as short
Phemex ETHUSDT+0.0029%8h2,762.6−0.015%$267.1M$64.5M150xas long as short
MEXC ETH_USDT+0.0038%8h2,762.1−0.034%$1.62B$2.48B500xas long as short
Binance ETHUSDT+0.0038%8h2,762.1−0.035%$6.57B$16.31B150xas long as short
Aevo ETH-PERP+0.0040%1h2,760.9−0.078%$5.0M$651K20xas long as short
RISEx ETH/USDC+0.0044%1h2,762.9−0.005%$5.8M$12.2M25xas long as short
Gate ETH_USDT+0.0051%8h2,762.3−0.029%$3.35B$9.26B200xas long as short
Aster ETHUSDT+0.0057%8h2,762.1−0.036%$268.4M$947.4M200xas long as short
Bitget ETHUSDT+0.0073%8h2,760.7−0.087%$2.09B$3.00B150xas long as short
Aftermath Perps ETHUSD+0.0075%1h2,763.6+0.019%$29K$20K20xas long as short
Variational Omni ETH+0.0092%8h2,760.4−0.098%$139.7M$304.4Mas long as short
Lighter ETH+0.0096%1h2,762.9−0.005%$115.2M$498.5M50xas long as short
Lighter RH ETH+0.0096%1h2,764.3+0.045%$25.5M$122.4M50xas long as short
Jupiter Perps ETH-PERPlongL +0.0096% / S +0.0048%1h2,763.1long leg$44.1M500x
Paradex ETH-USD-PERP+0.0099%8h2,766.9+0.139%$15.8M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,763−0.002%$481K$2.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,761.4−0.059%$17.3M$112.7M50xas long as short
Pacifica ETH+0.0100%1h2,762.2−0.031%$31.2M$265.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,761.2−0.068%$2.53B$4.42B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,761.9−0.042%$2.9M$15.4M25xas long as short
Arcus ETH-USD+0.0100%1h2,763.7+0.024%$2.9M$16.8M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,762.2−0.031%$413.5M$711.2M100xas long as short
BingX ETH-USDC+0.0100%8h2,762.4−0.023%$16.9Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,762.7−0.014%$15.3M$41.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,761.2−0.066%$179.7M$749.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,761.6−0.053%$160.6M$95.7M50xas long as short
StandX ETH-USD+0.0100%1h2,762.1−0.035%$21.3M$56.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,764.7+0.059%$11.4M$7.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,763.8+0.028%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,765.7+0.095%$42.9M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h2,761.2−0.066%$968K$14.2M100xas long as short
HTX ETH-USDT+0.0100%8h2,761.8−0.046%$1.08B$1.24B200xas long as short
Vest ETH-PERP+0.0100%1h2,763−0.003%$1.1M50xas long as short
Hyperliquid ETH+0.0101%1h2,763.6+0.020%$3.23B$2.20B25xas long as short
Extended ETH-USD+0.0104%1h2,762−0.037%$31.5M$75.6M50xas long as short
Orderly PERP_ETH_USDC+0.0113%8h2,765.4+0.086%$32.5M$11.1M100xas long as short
Kalshi KXETHPERP+0.0128%8h2,763.2+0.005%$8.6M$642.9M4.9xas long as short
Coinbase International ETH-PERP-INTX+0.0128%1h2,764.1+0.037%$59.6M$4.57B50xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,763.6+0.019%$278K$1.5M20xas long as short
BloFin ETH-USDT+0.0154%8h2,762.2−0.032%$292.7M$186.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0163%1h2,763.7+0.025%$85.4M$322.1M100xas long as short
Reya ETHRUSDPERP+0.0226%1h2,761.6−0.052%$7.5M$936K25xas long as short