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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
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.

Alert: spread
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.

Funding you earn now, next payment 01:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Coinbase International against Nado+0.023%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Long on NadoShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.023%, 7d avg +0.034%
Together, before fees−0.007%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ETH-PERP2,746.20.0100pay 0.0012% / 1h20m 13s$14.0M$112.3M50x
ShortCoinbase International ETH-PERP-INTX2,746.90.0088get 0.0011% / 1h20m 13s$58.9M$4.34B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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
−$2.52
Price spread: +0.023% → +0.034%
−$1.05
Slippage, 4 orders
−$0.4
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$20.97
Costs to cover
0.174%
Break-even
never at this rate
Slippage from Nado: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago0.18 bp3.7 bp −$44.2 bp −$426.5 bp −$65314.6 bp −$7,279
Sell Coinbase International live order book, 4 min ago0.02 bp5.0 bp −$55.0 bp −$508.0 bp −$80222.7 bp −$11.3K

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−0.0112%43m2,747.6+0.051%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,750+0.137%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,746.6+0.014%$5.7M$11.4M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0009% / S +0.0043%1h2,746.4+0.006%$12.1M—200xas long as short
Phoenix ETH−0.0006%1h2,752.8+0.239%$849K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,747+0.029%$10.8M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,746.4+0.006%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0024%1h2,747.1+0.031%$181K$1.1M50xas long as short
ApeX Omni ETHUSDT+0.0028%1h2,751.6+0.196%$8.7M$31.5M100xas long as short
BingX ETH-USDT+0.0037%8h2,747.6+0.049%—$1.18B—as long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0047%8h2,746.4+0.006%$1.69B$10.96B100xas long as short
HTX ETH-USDT+0.0055%8h2,745.6−0.022%$1.06B$1.20B200xas long as short
Aster ETHUSDT+0.0070%8h2,746.3+0.004%$252.9M$857.8M200xas long as short
KuCoin ETHUSDTM+0.0071%8h2,746.2−0.002%$372.2M$610.1M100xas long as short
Aevo ETH-PERP+0.0080%1h2,743.1−0.113%$4.9M$168K20xas long as short
MEXC ETH_USDT+0.0081%8h2,746.3+0.003%$1.56B$2.57B500xas long as short
Binance ETHUSDT+0.0081%8h2,746−0.009%$6.38B$16.22B150xas long as short
Coinbase International ETH-PERP-INTXshort+0.0088%1h2,746.9+0.023%$58.9M$4.34B50x
Gate ETH_USDT+0.0091%8h2,747.6+0.050%$3.39B$8.91B200xas long as short
Bitget ETHUSDT+0.0094%8h2,747+0.026%$2.08B$2.84B150xas long as short
Lighter ETH+0.0096%1h2,746.1−0.006%$112.9M$443.7M50xas long as short
Lighter RH ETH+0.0096%1h2,747.7+0.053%$24.8M$107.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,746.6+0.014%—$35.6M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,750.7+0.163%$16.3M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,746−0.009%$478K$2.9M50xas long as short
Nado ETH-PERPlong+0.0100%1h2,746.2long leg$14.0M$112.3M50x
Hyperliquid ETH+0.0100%1h2,748.5+0.082%$3.13B$2.10B25xas long as short
Pacifica ETH+0.0100%1h2,747.3+0.037%$31.5M$333.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,746.3+0.003%$2.46B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,746.1−0.005%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,747+0.027%$2.8M$16.5M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,746.8+0.021%$15.0M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,748.7+0.090%$133.2M$345.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,750.9+0.170%$181.9M$703.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,752+0.209%$160.0M$83.0M50xas long as short
StandX ETH-USD+0.0100%1h2,752.7+0.235%$21.3M$68.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,748+0.064%—$869K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,746.8+0.021%$10.7M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,746−0.007%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,746.5+0.008%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,747.5+0.047%$41.8M$29.5M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.2−0.002%$963K$12.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,745.5−0.027%$54.7M$187.7M40xas long as short
Phemex ETHUSDT+0.0100%8h2,745.9−0.012%$267.0M$65.9M150xas long as short
Bulk ETH-USD+0.0100%1h2,751.8+0.203%$165.7M$300.7M25xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,750.5+0.155%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,744.8−0.053%$30.5M$73.5M50xas long as short
Deribit ETH-PERPETUAL+0.0118%1h2,747.1+0.031%$258.5M$199.9M50xas long as short
Kalshi KXETHPERP+0.0143%8h2,747.3+0.039%$7.7M$674.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0172%8h2,748.3+0.076%$32.3M$11.1M100xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,750.9+0.171%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,750.8+0.166%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0221%1h2,746−0.009%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,746.5+0.008%$89.1M$317.0M100xas long as short