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

ETH

all ETH markets
SwapFunding view
Alert
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.

After costs, if the gap returns to its 7d average, $10k−$15
spread now−0.065%7d average−0.043%fees + slippage, in and out−$13spread needed0.126%
Long on Lighter RHShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ETH2,7670.0096pay 0.0012% / 1h28m 17s$25.4M$117.7M50x
ShortBackpack ETH_USDC_PERP2,765.20.0100get 0.0013% / 1h28m 17s$15.3M$39.5M50x

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
−$6.47
Funding while held
$0.12
Slippage, 4 orders
−$2.65
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$19
Spread needed to break even
0.126%
Slippage from Lighter RH: live order book, 2 min ago; Backpack: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
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 Lighter RH live order book, 2 min ago1.00 bp1.0 bp −$11.4 bp −$145.7 bp −$56856.0 bp −$28.0K
Sell Backpack live order book, 2 min ago0.02 bp5.4 bp −$56.3 bp −$6315.4 bp −$1,544doesn't fit

ETH price on every exchange

against the cheapest. Click to use as the short leg.
Bulk2,755.8cheapestPhoenix2,757.2+0.052%Injective2,757.4+0.059%Variational Omni2,761.5+0.207%Nado2,762.2+0.232%Aftermath Perps2,762.2+0.235%StandX2,762.5+0.244%edgeX2,762.8+0.255%Hibachi2,762.9+0.258%Aevo2,763.3+0.272%Hotstuff2,763.8+0.291%SoDEX2,764.4+0.313%BloFin2,764.7+0.326%dYdX2,765+0.333%BingX2,765+0.336%
Backpack2,765.2+0.341%
Pacifica2,765.2+0.341%HTX2,765.3+0.345%SunX2,765.4+0.349%Extended2,765.5+0.352%OKX2,765.5+0.352%Phemex2,765.5+0.353%KuCoin2,765.5+0.353%ApeX Omni2,765.5+0.354%Binance2,765.8+0.366%Vest2,765.9+0.368%Bybit2,766+0.370%MEXC2,766+0.370%Ondo Perps2,766.1+0.375%Bluefin2,766.1+0.376%Bullet2,766.2+0.378%Lighter2,766.2+0.380%Katana Perps2,766.3+0.382%Kalshi2,766.5+0.389%Aster2,766.6+0.392%Gate2,766.7+0.396%RISEx2,766.7+0.398%Bitget2,766.8+0.399%Reya2,766.8+0.399%01 Exchange2,766.9+0.404%
Lighter RH2,767+0.406%
Kraken Futures2,767+0.406%Perpl2,767+0.406%gTrade (Gains Network)2,767.1+0.412%Arcus2,767.2+0.413%Coinbase International2,767.2+0.414%GMX2,767.3+0.417%Deribit2,767.3+0.420%Polymarket Perps2,767.4+0.422%Orderly2,767.6+0.429%Jupiter Perps2,767.8+0.435%Derive2,768.3+0.453%Paradex2,769.5+0.496%Hyperliquid2,769.5+0.498%

ETH on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bulk ETH-USD−0.404%+0.0063%1h$157.8M$272.8M25xas long as short
Phoenix ETH−0.353%+0.0035%1h$1.4M$2.4M25xas long as short
Injective ETH/USDC PERP−0.346%−0.0054%1h$118K$22.5M52xas long as short
Variational Omni ETH−0.198%+0.0100%8h$145.4M$312.0M—as long as short
Nado ETH-PERP−0.173%+0.0100%1h$17.8M$111.8M50xas long as short
Aftermath Perps ETHUSD−0.171%+0.0282%1h$29K$22K20xas long as short
StandX ETH-USD−0.161%+0.0100%1h$21.2M$51.0M40xas long as short
edgeX ETHUSDC−0.150%+0.0100%4h$179.1M$765.5M100xas long as short
Hibachi ETH/USDT-P−0.147%+0.0096%1h$291K$1.3M20xas long as short
Aevo ETH-PERP−0.133%+0.0080%1h$5.0M$723K20xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hotstuff ETH-PERP−0.114%−0.0080%1h$5K$2K50xas long as short
SoDEX ETH-USD−0.093%+0.0029%1h$55.8M$161.9M40xas long as short
BloFin ETH-USDT−0.080%+0.0198%8h$291.7M$177.0M150xas long as short
dYdX ETH-USD−0.072%0.0000%1h$16.6M$34.0M50xas long as short
BingX ETH-USDT−0.070%+0.0100%8h—$1.11B—as long as short
Backpack ETH_USDC_PERPshort−0.065%+0.0100%1h$15.3M$39.5M50x
Pacifica ETH−0.064%+0.0100%1h$31.4M$221.5M50xas long as short
HTX ETH-USDT−0.061%+0.0061%8h$1.09B$1.20B200xas long as short
SunX ETH-USDT−0.057%+0.0085%8h$953K$14.6M100xas long as short
Extended ETH-USD−0.054%+0.0104%1h$31.7M$78.6M50xas long as short
OKX ETH-USDT-SWAP−0.053%+0.0013%8h$1.73B$11.30B100xas long as short
Phemex ETHUSDT−0.053%−0.0039%8h$266.6M$66.8M150xas long as short
KuCoin ETHUSDTM−0.053%+0.0100%8h$410.3M$688.1M100xas long as short
ApeX Omni ETHUSDT−0.052%+0.0087%1h$8.0M$27.9M100xas long as short
Binance ETHUSDT−0.040%+0.0077%8h$6.59B$15.96B150xas long as short
Vest ETH-PERP−0.037%+0.0100%1h—$1.1M50xas long as short
Bybit ETHUSDT−0.036%+0.0100%8h$2.53B$4.46B150xas long as short
MEXC ETH_USDT−0.036%+0.0078%8h$1.53B$2.47B500xas long as short
Ondo Perps ETH-USD.P−0.031%+0.0100%1h$3.0M$14.9M25xas long as short
Bluefin ETH-PERP−0.030%+0.2957%1h$21K$26K25xas long as short
Bullet ETH-USD−0.027%+0.0100%1h$200K$1.8M20xas long as short
Lighter ETH−0.026%+0.0096%1h$117.1M$498.0M50xas long as short
Katana Perps ETH-USD−0.024%+0.0100%8h$472K$2.2M50xas long as short
Kalshi KXETHPERP−0.017%+0.0130%8h$10.2M$561.4M4.9xas long as short
Aster ETHUSDT−0.014%+0.0100%8h$276.7M$887.5M200xas long as short
Gate ETH_USDT−0.010%+0.0100%8h$3.49B$8.87B200xas long as short
RISEx ETH/USDC−0.008%+0.0122%1h$5.8M$13.0M25xas long as short
Bitget ETHUSDT−0.007%+0.0078%8h$2.11B$3.16B150xas long as short
Reya ETHRUSDPERP−0.007%+0.0173%1h$7.4M$964K25xas long as short
01 Exchange ETHUSD−0.002%+0.0056%1h$181K$1.2M50xas long as short
Lighter RH ETHlong0.000%+0.0096%1h$25.4M$117.7M50x
Kraken Futures PF_ETHUSD0.000%+0.0261%1h$87.0M$314.8M100xas long as short
Perpl ETH0.000%−0.0447%43m$421K$6.2M8.3xas long as short
gTrade (Gains Network) ETH/USD+0.005%L +0.0006% / S −0.0006%1h$22.4M—200xas long as short
Arcus ETH-USD+0.007%+0.0100%1h$2.7M$16.1M25xas long as short
Coinbase International ETH-PERP-INTX+0.008%+0.0120%1h$60.3M$4.75B50xas long as short
GMX ETH/USD [ETH-USDC]+0.011%L −0.0013% / S +0.0045%1h$11.8M—200xas long as short
Deribit ETH-PERPETUAL+0.014%+0.0133%1h$260.8M$213.0M50xas long as short
Polymarket Perps ETH-USD+0.016%+0.0100%1h$10.8M$5.5M50xas long as short
Orderly PERP_ETH_USDC+0.022%+0.0190%8h$32.5M$10.9M100xas long as short
Jupiter Perps ETH-PERP+0.029%L +0.0096% / S +0.0048%1h—$44.7M500xas long as short
Derive ETH-PERP+0.047%+0.0102%1h$42.9M$29.7M15xas long as short
Paradex ETH-USD-PERP+0.090%+0.0100%8h$15.0M$11.7M50xas long as short
Hyperliquid ETH+0.092%+0.0490%1h$3.32B$2.17B25xas long as short