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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: RISEx against Jupiter Perps+0.022%7-day average +0.004% · 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 4 days (all we have)+0.008%+$1 · spread now +0.022%, 7d avg +0.004%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps ETH-PERP2,726.4L +0.0104% / S +0.0056%pay 0.0013% / 1h18m 02s$30.2M500x
ShortRISEx ETH/USDC2,7270.0114get 0.0014% / 1h18m 02s$5.6M$11.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$2.01
Price spread: +0.022% → +0.004%
$1.84
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$14.15
Costs to cover
0.180%
Break-even
56.3 days
Slippage unknown: Jupiter Perps: no order-book sample; RISEx: 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 RISEx live order book, 1 min ago0.02 bp3.0 bp −$33.5 bp −$35doesn'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 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−0.0447%43m2,726.3−0.004%$276K$5.7M8.3xas long as short
BloFin ETH-USDT−0.0177%8h2,726−0.016%$281.9M$177.6M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,726−0.016%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,724.5−0.071%$808K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,726.3−0.005%$11.9M200xas long as short
dYdX ETH-USD0.0000%1h2,726.4−0.001%$10.5M$41.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.9+0.017%$6.7M$678.3M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,726.8+0.013%$263.6M$213.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,726.4−0.002%$32.9M200xas long as short
BingX ETH-USDC+0.0017%8h2,725.8−0.023%$18.6Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0020%8h2,725.9−0.018%$2.32B$4.34B150xas long as short
HTX ETH-USDT+0.0031%8h2,726.1−0.013%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,726.8+0.014%$190K$884K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,730.5+0.150%$166K$21.6M52xas long as short
ApeX Omni ETHUSDT+0.0051%1h2,722.5−0.143%$8.4M$31.5M100xas long as short
Hibachi ETH/USDT-P+0.0056%1h2,727.9+0.054%$242K$1.4M20xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,726.8+0.012%$81.9M$310.8M100xas long as short
OKX ETH-USDT-SWAP+0.0072%8h2,726.3−0.006%$1.65B$10.79B100xas long as short
KuCoin ETHUSDTM+0.0074%8h2,726.3−0.004%$382.9M$576.9M100xas long as short
Aster ETHUSDT+0.0077%8h2,726−0.015%$252.6M$847.2M200xas long as short
MEXC ETH_USDT+0.0088%8h2,726.1−0.012%$1.58B$2.59B500xas long as short
Aevo ETH-PERP+0.0088%1h2,723.8−0.095%$4.9M$172K20xas long as short
Binance ETHUSDT+0.0088%8h2,726.1−0.012%$6.30B$16.11B150xas long as short
Lighter ETH+0.0096%1h2,726.6+0.006%$112.3M$433.0M50xas long as short
Lighter RH ETH+0.0096%1h2,727.9+0.053%$23.4M$102.4M50xas long as short
Phemex ETHUSDT+0.0100%8h2,726.1−0.013%$262.6M$64.5M150xas long as short
Katana Perps ETH-USD+0.0100%8h2,726−0.016%$500K$3.6M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,730.9+0.162%$15.4M$7.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,726.2−0.009%$14.0M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,728.4+0.072%$3.10B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,726.9+0.018%$32.1M$333.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,726.3−0.005%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,726.9+0.017%$1.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,726.2−0.007%$3.31B$8.93B200xas long as short
Bitget ETHUSDT+0.0100%8h2,726.1−0.012%$2.11B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,725.9−0.020%$15.0M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,722.2−0.154%$133.6M$316.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,721.7−0.173%$185.2M$682.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,723.4−0.110%$158.3M$81.9M50xas long as short
StandX ETH-USD+0.0100%1h2,726.8+0.014%$20.9M$70.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,727.7+0.048%$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,727.3+0.032%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,726−0.017%$182K$1.7M20xas long as short
Derive ETH-PERP+0.0100%1h2,727.6+0.044%$40.8M$29.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,725.8−0.024%$956K$10.8M100xas long as short
SoDEX ETH-USD+0.0100%1h2,726.1−0.012%$54.3M$182.7M40xas long as short
Bulk ETH-USD+0.0100%1h2,726.7+0.011%$161.2M$356.8M25xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,725.4−0.039%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,725.3−0.040%$30.4M$71.6M50xas long as short
Jupiter Perps ETH-PERPlongL +0.0104% / S +0.0056%1h2,726.4long leg$30.2M500x
Coinbase International ETH-PERP-INTX+0.0112%1h2,727.7+0.046%$46.6M$4.27B50xas long as short
RISEx ETH/USDCshort+0.0114%1h2,727+0.022%$5.6M$11.7M25x
Reya ETHRUSDPERP+0.0179%1h2,725.1−0.048%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h2,728.5+0.075%$32.2M$11.2M100xas long as short
Bluefin ETH-PERP+0.0384%1h2,726.6+0.007%$20K$23K25xas long as short