data as of
Settings8H · net · $10k
Price arb /

ETH

all ETH markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.113%7d average+0.021%fees + slippage, in and out−$24spread needed0.238%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXETHPERP2,764.60.0122pay 0.0122% / 8h3h 41m$9.6M$555.0M4.9x
ShortHTX ETH-USDT2,761.50.0100get 0.0100% / 8h7h 41m$1.09B$1.19B200x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$11.32
Funding while held
−$0.65
Slippage, 4 orders
−$1.81
Fee Kalshi: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$35.78
Spread needed to break even
0.238%
Slippage from Kalshi: live order book, 4 min ago; HTX: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0022%
Per $10,000 a day
$0.65
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 4 min ago0.36 bp5.8 bp −$66.9 bp −$6911.0 bp −$1,09518.6 bp −$9,310
Sell HTX live order book, 4 min ago0.02 bp6.0 bp −$66.0 bp −$606.4 bp −$64410.8 bp −$5,401

ETH price on every exchange

against the cheapest. Click to use as the short leg.

ETH on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bulk ETH-USD−0.609%+0.0055%1h$157.1M$271.4M25xas long as short
Variational Omni ETH−0.517%+0.0100%8h$144.9M$307.9Mas long as short
Hibachi ETH/USDT-P−0.488%+0.0088%1h$289K$1.3M20xas long as short
Phoenix ETH−0.430%+0.0035%1h$1.4M$2.4M25xas long as short
Injective ETH/USDC PERP−0.326%−0.0054%1h$118K$22.5M52xas long as short
Aftermath Perps ETHUSD−0.298%+0.0275%1h$29K$27K20xas long as short
Pacifica ETH−0.199%+0.0100%1h$31.0M$216.7M50xas long as short
Lighter ETH−0.198%+0.0096%1h$117.0M$494.4M50xas long as short
Nado ETH-PERP−0.182%+0.0100%1h$18.0M$112.7M50xas long as short
Lighter RH ETH−0.177%+0.0096%1h$25.4M$116.9M50xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.175%−0.0447%43m$447K$6.1M8.3xas long as short
Extended ETH-USD−0.170%+0.0104%1h$31.8M$78.8M50xas long as short
Bitget ETHUSDT−0.159%+0.0074%8h$2.10B$3.17B150xas long as short
KuCoin ETHUSDTM−0.154%+0.0100%8h$394.3M$684.4M100xas long as short
BloFin ETH-USDT−0.154%+0.0203%8h$293.6M$179.2M150xas long as short
Ondo Perps ETH-USD.P−0.148%+0.0100%1h$3.0M$14.8M25xas long as short
BingX ETH-USDT−0.139%+0.0100%8h$1.12Bas long as short
Jupiter Perps ETH-PERP−0.136%L +0.0096% / S +0.0048%1h$44.9M500xas long as short
Aster ETHUSDT−0.135%+0.0100%8h$274.5M$869.0M200xas long as short
Binance ETHUSDT−0.135%+0.0084%8h$6.58B$15.87B150xas long as short
Katana Perps ETH-USD−0.123%+0.0100%8h$478K$2.1M50xas long as short
MEXC ETH_USDT−0.123%+0.0084%8h$1.51B$2.43B500xas long as short
RISEx ETH/USDC−0.122%+0.0122%1h$5.9M$13.0M25xas long as short
Bullet ETH-USD−0.120%+0.0100%1h$199K$1.9M20xas long as short
Reya ETHRUSDPERP−0.118%+0.0169%1h$7.4M$971K25xas long as short
HTX ETH-USDTshort−0.113%+0.0100%8h$1.09B$1.19B200x
Gate ETH_USDT−0.112%+0.0100%8h$3.45B$8.76B200xas long as short
OKX ETH-USDT-SWAP−0.110%+0.0013%8h$1.71B$11.26B100xas long as short
Hotstuff ETH-PERP−0.109%−0.0080%1h$5K$2K50xas long as short
Polymarket Perps ETH-USD−0.109%+0.0100%1h$10.8M$5.5M50xas long as short
GMX ETH/USD [ETH-USDC]−0.103%L −0.0013% / S +0.0045%1h$11.8M200xas long as short
01 Exchange ETHUSD−0.101%+0.0048%1h$179K$1.2M50xas long as short
Backpack ETH_USDC_PERP−0.101%+0.0100%1h$15.3M$40.3M50xas long as short
Vest ETH-PERP−0.100%+0.0100%1h$1.1M50xas long as short
SoDEX ETH-USD−0.098%+0.0054%1h$55.7M$161.8M40xas long as short
gTrade (Gains Network) ETH/USD−0.097%L +0.0006% / S −0.0006%1h$22.4M200xas long as short
Bybit ETHUSDT−0.095%+0.0100%8h$2.53B$4.47B150xas long as short
Aevo ETH-PERP−0.095%+0.0080%1h$5.0M$723K20xas long as short
SunX ETH-USDT−0.091%+0.0100%8h$951K$14.7M100xas long as short
Phemex ETHUSDT−0.087%−0.0453%8h$266.5M$66.8M150xas long as short
edgeX ETHUSDC−0.083%+0.0100%4h$179.0M$758.3M100xas long as short
Paradex ETH-USD-PERP−0.074%+0.0100%8h$14.7M$11.6M50xas long as short
Kraken Futures PF_ETHUSD−0.034%+0.0262%1h$87.2M$315.0M100xas long as short
Orderly PERP_ETH_USDC−0.031%+0.0195%8h$32.4M$10.8M100xas long as short
Deribit ETH-PERPETUAL−0.027%+0.0116%1h$260.0M$214.3M50xas long as short
Coinbase International ETH-PERP-INTX−0.017%+0.0120%1h$60.2M$4.76B50xas long as short
Bluefin ETH-PERP−0.013%+0.3495%1h$21K$26K25xas long as short
Derive ETH-PERP−0.005%+0.0165%1h$43.0M$27.6M15xas long as short
Kalshi KXETHPERPlong0.000%+0.0122%8h$9.6M$555.0M4.9x
Hyperliquid ETH+0.007%+0.0543%1h$3.32B$2.18B25xas long as short
ApeX Omni ETHUSDT+0.026%+0.0100%1h$7.9M$27.9M100xas long as short
dYdX ETH-USD+0.036%0.0000%1h$16.0M$33.3M50xas long as short
Arcus ETH-USD+0.066%+0.0100%1h$2.7M$15.9M25xas long as short
StandX ETH-USD+0.083%+0.0100%1h$21.2M$51.2M40xas long as short