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−$12
spread now+0.083%7d average+0.043%fees + slippage, in and out−$16spread needed0.156%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ETH-PERP2,751.20.0100pay 0.0012% / 1h19m 47s$17.9M$111.1M50x
ShortDeribit ETH-PERPETUAL2,753.50.0048get 0.0006% / 1h19m 47s$259.5M$209.2M50x

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
$8.34
Funding while held
−$1.56
Slippage, 4 orders
−$1.6
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$8.82
Spread needed to break even
0.156%
Slippage from Nado: live order book, 6 min ago; Deribit: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0052%
Per $10,000 a day
$1.56
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 Nado live order book, 6 min ago0.18 bp3.7 bp −$44.4 bp −$446.8 bp −$67715.5 bp −$7,752
Sell Deribit live order book, 1 min ago0.27 bp4.0 bp −$45.1 bp −$5110.9 bp −$1,09020.3 bp −$10.1K

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
OKX ETH-USDT-SWAP−0.096%+0.0014%8h$1.71B$11.13B100xas long as short
Bybit ETHUSDT−0.064%+0.0100%8h$2.52B$4.42B150xas long as short
Bitget ETHUSDT−0.061%+0.0079%8h$2.10B$3.12B150xas long as short
BingX ETH-USDT−0.060%+0.0012%8h$1.12Bas long as short
Binance ETHUSDT−0.057%+0.0069%8h$6.54B$15.91B150xas long as short
Aster ETHUSDT−0.053%+0.0100%8h$276.5M$888.5M200xas long as short
Lighter ETH−0.049%+0.0096%1h$116.1M$501.6M50xas long as short
SunX ETH-USDT−0.039%+0.0022%8h$948K$14.6M100xas long as short
Extended ETH-USD−0.033%+0.0104%1h$31.8M$78.1M50xas long as short
MEXC ETH_USDT−0.031%+0.0069%8h$1.50B$2.49B500xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bullet ETH-USD−0.030%+0.0100%1h$198K$1.8M20xas long as short
dYdX ETH-USD−0.024%+0.0001%1h$16.0M$34.6M50xas long as short
Aevo ETH-PERP−0.024%+0.0072%1h$5.0M$723K20xas long as short
KuCoin ETHUSDTM−0.020%+0.0100%8h$427.4M$680.1M100xas long as short
Gate ETH_USDT−0.019%+0.0100%8h$3.46B$8.95B200xas long as short
HTX ETH-USDT−0.009%−0.0004%8h$1.09B$1.19B200xas long as short
Hotstuff ETH-PERP−0.009%−0.0080%1h$5K$2K50xas long as short
Reya ETHRUSDPERP−0.008%+0.0175%1h$7.3M$958K25xas long as short
Lighter RH ETH−0.003%+0.0096%1h$25.2M$118.7M50xas long as short
Nado ETH-PERPlong0.000%+0.0100%1h$17.9M$111.1M50x
gTrade (Gains Network) ETH/USD+0.001%L +0.0006% / S −0.0006%1h$22.3M200xas long as short
Bluefin ETH-PERP+0.004%+0.2254%1h$21K$26K25xas long as short
Jupiter Perps ETH-PERP+0.004%L +0.0096% / S +0.0048%1h$44.0M500xas long as short
SoDEX ETH-USD+0.006%+0.0015%1h$55.5M$161.9M40xas long as short
GMX ETH/USD [ETH-USDC]+0.006%L −0.0013% / S +0.0045%1h$11.7M200xas long as short
Backpack ETH_USDC_PERP+0.009%+0.0100%1h$15.3M$39.4M50xas long as short
Perpl ETH+0.011%−0.0447%43m$461K$6.2M8.3xas long as short
Phemex ETHUSDT+0.013%+0.0100%8h$265.2M$66.8M150xas long as short
Pacifica ETH+0.027%+0.0100%1h$31.2M$221.5M50xas long as short
Ondo Perps ETH-USD.P+0.027%+0.0100%1h$3.0M$14.8M25xas long as short
Katana Perps ETH-USD+0.035%+0.0100%8h$464K$2.1M50xas long as short
Polymarket Perps ETH-USD+0.035%+0.0100%1h$10.7M$5.4M50xas long as short
Arcus ETH-USD+0.042%+0.0100%1h$2.7M$16.1M25xas long as short
RISEx ETH/USDC+0.050%+0.0122%1h$5.8M$12.9M25xas long as short
01 Exchange ETHUSD+0.053%+0.0048%1h$180K$1.2M50xas long as short
Kalshi KXETHPERP+0.057%+0.0135%8h$10.2M$564.5M4.9xas long as short
Vest ETH-PERP+0.059%+0.0100%1h$1.1M50xas long as short
BloFin ETH-USDT+0.064%+0.0190%8h$291.8M$175.8M150xas long as short
Hyperliquid ETH+0.067%+0.0444%1h$3.29B$2.12B25xas long as short
Kraken Futures PF_ETHUSD+0.075%+0.0263%1h$85.4M$316.5M100xas long as short
Orderly PERP_ETH_USDC+0.078%+0.0184%8h$32.3M$10.8M100xas long as short
Coinbase International ETH-PERP-INTX+0.083%+0.0120%1h$59.7M$4.69B50xas long as short
Deribit ETH-PERPETUALshort+0.083%+0.0048%1h$259.5M$209.2M50x
Derive ETH-PERP+0.093%+0.0100%1h$42.6M$29.6M15xas long as short
StandX ETH-USD+0.133%+0.0100%1h$21.2M$51.2M40xas long as short
Hibachi ETH/USDT-P+0.151%+0.0112%1h$283K$1.4M20xas long as short
Paradex ETH-USD-PERP+0.152%+0.0100%8h$15.0M$11.7M50xas long as short
Injective ETH/USDC PERP+0.224%−0.0054%1h$118K$22.5M52xas long as short
Variational Omni ETH+0.242%+0.0100%8h$145.7M$311.3Mas long as short
edgeX ETHUSDC+0.268%+0.0100%4h$178.9M$763.8M100xas long as short
ApeX Omni ETHUSDT+0.270%+0.0100%1h$8.1M$28.0M100xas long as short
Aftermath Perps ETHUSD+0.290%+0.0297%1h$29K$21K20xas long as short
Bulk ETH-USD+0.297%+0.0061%1h$159.6M$276.9M25xas long as short
Phoenix ETH+0.358%+0.0035%1h$1.4M$2.4M25xas long as short