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−$17
spread now−0.053%7d average−0.010%fees + slippage, in and out−$13spread needed0.132%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ETH2,748.60.0096pay 0.0012% / 1h18m 10s$25.2M$120.0M50x
ShortBullet ETH-USD2,747.10.0082get 0.0010% / 1h18m 10s$196K$1.8M20x

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
−$5.28
Funding while held
−$0.41
Slippage, 4 orders
−$5.21
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$18.89
Spread needed to break even
0.132%
Slippage from Lighter RH: live order book, 2 min ago; Bullet: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0014%
Per $10,000 a day
$0.41
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 ago1.05 bp1.1 bp −$12.5 bp −$2510.7 bp −$1,06871.4 bp −$35.7K
Sell Bullet live order book, 2 min ago0.55 bp6.2 bp −$69.0 bp −$90doesn't fitdoesn't fit

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
Aevo ETH-PERP−0.129%+0.0056%1h$5.0M$683K20xas long as short
Nado ETH-PERP−0.110%+0.0100%1h$17.6M$110.3M50xas long as short
Bulk ETH-USD−0.110%+0.0011%1h$159.4M$270.1M25xas long as short
BloFin ETH-USDT−0.088%+0.0175%8h$292.5M$172.7M150xas long as short
SunX ETH-USDT−0.078%+0.0100%8h$963K$14.2M100xas long as short
Hotstuff ETH-PERP−0.075%−0.0080%1h$5K$2K50xas long as short
MEXC ETH_USDT−0.074%+0.0055%8h$1.55B$2.43B500xas long as short
Binance ETHUSDT−0.072%+0.0055%8h$6.52B$15.68B150xas long as short
Gate ETH_USDT−0.068%+0.0062%8h$3.39B$8.90B200xas long as short
SoDEX ETH-USD−0.067%−0.0010%1h$55.4M$162.0M40xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ETHUSDT−0.066%+0.0084%8h$2.11B$2.97B150xas long as short
HTX ETH-USDT−0.063%+0.0093%8h$1.08B$1.17B200xas long as short
Extended ETH-USD−0.061%+0.0088%1h$31.8M$74.8M50xas long as short
Aster ETHUSDT−0.061%+0.0100%8h$269.2M$923.6M200xas long as short
Phemex ETHUSDT−0.056%+0.0080%8h$264.8M$65.6M150xas long as short
Bullet ETH-USDshort−0.053%+0.0082%1h$196K$1.8M20x
Reya ETHRUSDPERP−0.052%+0.0193%1h$7.3M$897K25xas long as short
dYdX ETH-USD−0.051%−0.0005%1h$13.7M$37.2M50xas long as short
KuCoin ETHUSDTM−0.048%+0.0100%8h$439.9M$676.0M100xas long as short
BingX ETH-USDC−0.048%+0.0011%8h$16.8Mas long as short
OKX ETH-USDT-SWAP−0.043%+0.0013%8h$1.73B$10.90B100xas long as short
Lighter ETH−0.042%+0.0096%1h$115.8M$495.6M50xas long as short
Bybit ETHUSDT−0.041%+0.0100%8h$2.51B$4.30B150xas long as short
Backpack ETH_USDC_PERP−0.036%+0.0100%1h$15.4M$40.7M50xas long as short
Polymarket Perps ETH-USD−0.035%+0.0100%1h$10.7M$5.5M50xas long as short
Vest ETH-PERP−0.028%+0.0100%1h$1.0M50xas long as short
Jupiter Perps ETH-PERP−0.026%L +0.0096% / S +0.0048%1h$43.4M500xas long as short
Pacifica ETH−0.024%+0.0100%1h$31.0M$237.4M50xas long as short
Ondo Perps ETH-USD.P−0.024%+0.0100%1h$2.9M$14.8M25xas long as short
Injective ETH/USDC PERP−0.024%−0.0275%1h$118K$22.5M52xas long as short
Perpl ETH−0.022%−0.0447%43m$318K$6.3M8.3xas long as short
Kalshi KXETHPERP−0.016%+0.0142%8h$9.6M$594.9M4.9xas long as short
Arcus ETH-USD−0.011%+0.0100%1h$2.7M$15.9M25xas long as short
Katana Perps ETH-USD−0.009%+0.0100%8h$488K$2.2M50xas long as short
01 Exchange ETHUSD−0.009%+0.0008%1h$179K$1.2M50xas long as short
Bluefin ETH-PERP−0.008%+0.0100%1h$21K$25K25xas long as short
ApeX Omni ETHUSDT−0.007%−0.0047%1h$8.1M$27.8M100xas long as short
GMX ETH/USD [ETH-USDC]−0.006%L −0.0013% / S +0.0045%1h$11.9M200xas long as short
RISEx ETH/USDC−0.004%+0.0105%1h$5.8M$12.0M25xas long as short
gTrade (Gains Network) ETH/USD−0.003%L +0.0006% / S −0.0006%1h$22.2M200xas long as short
Lighter RH ETHlong0.000%+0.0096%1h$25.2M$120.0M50x
StandX ETH-USD+0.002%+0.0100%1h$21.1M$51.5M40xas long as short
Kraken Futures PF_ETHUSD+0.003%+0.0208%1h$85.1M$318.3M100xas long as short
edgeX ETHUSDC+0.011%+0.0100%4h$178.4M$744.9M100xas long as short
Coinbase International ETH-PERP-INTX+0.015%+0.0136%1h$59.5M$4.54B50xas long as short
Deribit ETH-PERPETUAL+0.015%+0.0016%1h$258.6M$203.7M50xas long as short
Hibachi ETH/USDT-P+0.021%+0.0232%1h$282K$1.4M20xas long as short
Aftermath Perps ETHUSD+0.024%+0.0256%1h$29K$20K20xas long as short
Hyperliquid ETH+0.035%+0.0116%1h$3.24B$2.09B25xas long as short
Derive ETH-PERP+0.035%+0.0100%1h$42.4M$29.6M15xas long as short
Variational Omni ETH+0.043%+0.0100%8h$144.6M$311.5Mas long as short
Orderly PERP_ETH_USDC+0.057%+0.0156%8h$32.3M$10.6M100xas long as short
Paradex ETH-USD-PERP+0.077%+0.0100%8h$14.7M$10.8M50xas long as short
Phoenix ETH+0.085%+0.0078%1h$1.3M$2.2M25xas long as short