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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Pacifica against Jupiter Perps+0.001%7-day average +0.006% · 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)+0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.001%, 7d avg +0.006%
Together, before fees+0.019%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps ETH-PERP2,750L +0.0096% / S +0.0056%pay 0.0012% / 1h27m 58s$35.4M500x
ShortPacifica ETH2,7500.0100get 0.0013% / 1h27m 58s$31.5M$333.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0.84
Price spread: +0.001% → +0.006%
−$0.5
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$19.66
Costs to cover
0.200%
Break-even
170.8 days
Slippage unknown: Jupiter Perps: no order-book sample; Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago0.18 bp4.2 bp −$44.4 bp −$44doesn't fitdoesn't fit
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%43m2,750.1+0.006%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,748.2−0.065%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,750−0.001%$5.6M$11.3M25xas long as short
ApeX Omni ETHUSDT−0.0014%1h2,748.2−0.064%$8.7M$31.6M100xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,750.8+0.030%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,749.4−0.021%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,749.2−0.028%$10.8M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,751.3+0.049%$22.2M200xas long as short
01 Exchange ETHUSD+0.0016%1h2,749.6−0.014%$181K$1.1M50xas long as short
BingX ETH-USDC+0.0032%8h2,750.9+0.035%$17.3Mas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0045%8h2,751.5+0.055%$1.69B$11.01B100xas long as short
HTX ETH-USDT+0.0051%8h2,751.1+0.041%$1.07B$1.21B200xas long as short
Aster ETHUSDT+0.0066%8h2,751.8+0.067%$253.2M$857.6M200xas long as short
Aevo ETH-PERP+0.0072%1h2,749−0.036%$4.9M$168K20xas long as short
MEXC ETH_USDT+0.0073%8h2,751.8+0.066%$1.57B$2.56B500xas long as short
KuCoin ETHUSDTM+0.0073%8h2,751.5+0.055%$382.2M$607.1M100xas long as short
Binance ETHUSDT+0.0076%8h2,751.9+0.070%$6.37B$16.21B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,752.9+0.104%$59.1M$4.37B50xas long as short
Bitget ETHUSDT+0.0092%8h2,751.8+0.066%$2.08B$2.85B150xas long as short
Phemex ETHUSDT+0.0096%8h2,751.4+0.052%$267.5M$66.0M150xas long as short
Lighter ETH+0.0096%1h2,751.9+0.069%$113.1M$442.6M50xas long as short
Lighter RH ETH+0.0096%1h2,753.4+0.125%$24.9M$107.0M50xas long as short
Jupiter Perps ETH-PERPlongL +0.0096% / S +0.0056%1h2,750long leg$35.4M500x
Gate ETH_USDT+0.0099%8h2,751.8+0.066%$3.40B$8.87B200xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,754.2+0.153%$15.9M$8.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,748.8−0.043%$468K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,748.7−0.048%$14.0M$112.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,753.8+0.139%$3.13B$2.12B25xas long as short
Pacifica ETHshort+0.0100%1h2,750+0.001%$31.5M$333.9M50x
Bybit ETHUSDT+0.0100%8h2,751.6+0.059%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,748.8−0.043%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,750.5+0.017%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,751+0.038%$15.1M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,747.4−0.093%$133.1M$346.1Mas long as short
edgeX ETHUSDC+0.0100%4h2,747.9−0.077%$181.7M$730.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,745.8−0.152%$159.7M$84.5M50xas long as short
StandX ETH-USD+0.0100%1h2,750+0.001%$21.3M$67.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,750.2+0.008%$869K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,749.8−0.007%$10.7M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,750.2+0.008%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,751.6+0.060%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,753.1+0.115%$41.8M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,749.6−0.015%$963K$12.4M100xas long as short
SoDEX ETH-USD+0.0100%1h2,751.6+0.059%$54.8M$187.6M40xas long as short
Bulk ETH-USD+0.0100%1h2,743.9−0.220%$165.5M$306.7M25xas long as short
Aftermath Perps ETHUSD+0.0104%1h2,748.3−0.063%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,750.7+0.027%$30.5M$74.1M50xas long as short
Kalshi KXETHPERP+0.0139%8h2,750.4+0.015%$7.6M$674.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0169%8h2,753.8+0.138%$32.4M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0190%1h2,753+0.110%$258.5M$200.2M50xas long as short
Hibachi ETH/USDT-P+0.0200%1h2,749.7−0.012%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,747.9−0.076%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0220%1h2,749.1−0.034%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0353%1h2,752.6+0.093%$90.0M$316.4M100xas long as short