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+$12
spread now+0.199%7d average−0.006%fees + slippage, in and out−$8spread needed0.084%
Long on NadoShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ETH-PERP2,716.30.0100pay 0.0012% / 1h48m 23s$18.7M$110.4M50x
ShortLighter ETH2,721.80.0096get 0.0012% / 1h48m 23s$118.6M$469.8M50x

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
$19.93
Funding while held
−$0.12
Slippage, 4 orders
−$1.39
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$11.43
Spread needed to break even
0.084%
Slippage from Nado: live order book, 2 min ago; Lighter: live order book, 7 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 Nado live order book, 2 min ago0.18 bp3.7 bp −$43.7 bp −$376.5 bp −$65016.4 bp −$8,187
Sell Lighter live order book, 7 min ago0.33 bp0.7 bp −$11.0 bp −$101.5 bp −$1495.1 bp −$2,557

ETH price on every exchange

against the cheapest. Click to use as the short leg.
edgeX2,714.9cheapestApeX Omni2,715.5+0.022%
Nado2,716.3+0.054%
Variational Omni2,716.9+0.075%Phoenix2,717.9+0.111%Aevo2,718.4+0.131%Kalshi2,719.2+0.159%StandX2,719.9+0.185%SoDEX2,720+0.189%BloFin2,720.3+0.200%Backpack2,720.3+0.201%HTX2,720.6+0.209%Coinbase International2,720.6+0.212%Hotstuff2,720.7+0.215%Phemex2,721+0.225%dYdX2,721+0.225%SunX2,721+0.226%Extended2,721.1+0.228%Kraken Futures2,721.2+0.233%
Lighter2,721.8+0.253%
Deribit2,721.8+0.254%Pacifica2,722.2+0.270%Hibachi2,722.3+0.274%Katana Perps2,722.4+0.277%Aftermath Perps2,722.4+0.277%Aster2,723+0.300%Lighter RH2,723.2+0.306%RISEx2,723.6+0.323%Arcus2,723.8+0.328%Jupiter Perps2,724+0.335%Paradex2,724.5+0.355%Reya2,724.6+0.356%Vest2,724.6+0.358%OKX2,724.7+0.362%KuCoin2,724.7+0.362%Injective2,724.9+0.369%Ondo Perps2,725+0.373%Bitget2,725.2+0.378%MEXC2,725.2+0.380%BingX2,725.2+0.381%Bullet2,725.3+0.383%GMX2,725.4+0.388%Perpl2,725.5+0.390%Bybit2,725.5+0.390%Gate2,725.5+0.391%Binance2,725.5+0.391%gTrade (Gains Network)2,725.5+0.392%Polymarket Perps2,725.7+0.399%Derive2,726+0.409%Orderly2,727.2+0.455%01 Exchange2,727.8+0.476%Hyperliquid2,728.2+0.491%Bulk2,733.8+0.699%Bluefin2,752.4+1.384%

ETH on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX ETHUSDC−0.054%+0.0100%4h$191.8M$666.1M100xas long as short
ApeX Omni ETHUSDT−0.032%−0.0002%1h$7.6M$27.3M100xas long as short
Nado ETH-PERPlong0.000%+0.0100%1h$18.7M$110.4M50x
Variational Omni ETH+0.021%+0.0100%8h$152.0M$291.2M—as long as short
Phoenix ETH+0.058%+0.0070%1h$1.4M$2.4M25xas long as short
Aevo ETH-PERP+0.077%+0.0096%1h$4.9M$778K20xas long as short
Kalshi KXETHPERP+0.105%0.0000%8h$4.3M$477.9M4.9xas long as short
StandX ETH-USD+0.131%+0.0100%1h$20.8M$55.3M40xas long as short
SoDEX ETH-USD+0.135%+0.0072%1h$55.3M$139.7M40xas long as short
BloFin ETH-USDT+0.146%+0.0220%8h$295.0M$168.1M150xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack ETH_USDC_PERP+0.147%+0.0028%1h$15.4M$38.1M50xas long as short
HTX ETH-USDT+0.155%+0.0100%8h$1.08B$1.14B200xas long as short
Coinbase International ETH-PERP-INTX+0.158%+0.0056%1h$60.8M$4.65B50xas long as short
Hotstuff ETH-PERP+0.161%−0.0080%1h$5K$1K50xas long as short
Phemex ETHUSDT+0.171%+0.0035%8h$263.2M$65.6M150xas long as short
dYdX ETH-USD+0.171%+0.0420%1h$24.5M$21.4M50xas long as short
SunX ETH-USDT+0.172%+0.0100%8h$938K$14.0M100xas long as short
Extended ETH-USD+0.174%+0.0104%1h$32.7M$72.6M50xas long as short
Kraken Futures PF_ETHUSD+0.179%+0.0262%1h$84.8M$313.3M100xas long as short
Lighter ETHshort+0.199%+0.0096%1h$118.6M$469.8M50x
Deribit ETH-PERPETUAL+0.200%+0.0268%1h$259.5M$208.9M50xas long as short
Pacifica ETH+0.216%+0.0100%1h$30.9M$188.4M50xas long as short
Hibachi ETH/USDT-P+0.221%+0.0240%1h$307K$1.2M20xas long as short
Katana Perps ETH-USD+0.223%+0.0100%8h$468K$1.8M50xas long as short
Aftermath Perps ETHUSD+0.223%+0.0222%1h$29K$34K20xas long as short
Aster ETHUSDT+0.246%+0.0100%8h$267.0M$809.8M200xas long as short
Lighter RH ETH+0.252%+0.0096%1h$25.7M$114.7M50xas long as short
RISEx ETH/USDC+0.269%+0.0266%1h$5.9M$13.4M25xas long as short
Arcus ETH-USD+0.274%+0.0100%1h$2.4M$14.0M25xas long as short
Jupiter Perps ETH-PERP+0.281%L +0.0096% / S +0.0048%1h—$41.5M500xas long as short
Paradex ETH-USD-PERP+0.302%+0.0099%8h$13.9M$11.3M50xas long as short
Reya ETHRUSDPERP+0.302%+0.0148%1h$7.3M$911K25xas long as short
Vest ETH-PERP+0.304%+0.0100%1h—$1.2M50xas long as short
OKX ETH-USDT-SWAP+0.308%+0.0018%8h$1.71B$10.59B100xas long as short
KuCoin ETHUSDTM+0.308%+0.0100%8h$393.0M$668.5M100xas long as short
Injective ETH/USDC PERP+0.315%−0.0112%1h$117K$22.5M52xas long as short
Ondo Perps ETH-USD.P+0.319%+0.0290%1h$3.2M$12.6M25xas long as short
Bitget ETHUSDT+0.325%+0.0080%8h$2.13B$2.96B150xas long as short
MEXC ETH_USDT+0.326%+0.0100%8h$1.54B$2.32B500xas long as short
BingX ETH-USDT+0.327%+0.0100%8h—$1.05B—as long as short
Bullet ETH-USD+0.329%+0.0063%1h$182K$1.9M20xas long as short
GMX ETH/USD [ETH-USDC]+0.334%L +0.0016% / S +0.0014%1h$11.6M—200xas long as short
Perpl ETH+0.336%−0.0335%43m$190K$5.3M8.3xas long as short
Bybit ETHUSDT+0.336%+0.0100%8h$2.43B$4.27B150xas long as short
Gate ETH_USDT+0.337%−0.0037%8h$3.67B$8.29B200xas long as short
Binance ETHUSDT+0.337%+0.0100%8h$6.56B$14.52B150xas long as short
gTrade (Gains Network) ETH/USD+0.338%L +0.0006% / S −0.0006%1h$22.1M—200xas long as short
Polymarket Perps ETH-USD+0.345%+0.0100%1h$10.7M$4.8M50xas long as short
Derive ETH-PERP+0.355%+0.0752%1h$42.2M$18.9M15xas long as short
Orderly PERP_ETH_USDC+0.401%+0.0213%8h$32.0M$11.1M100xas long as short
01 Exchange ETHUSD+0.422%+0.0568%1h$186K$1.0M50xas long as short
Hyperliquid ETH+0.437%+0.0267%1h$3.18B$2.06B25xas long as short
Bulk ETH-USD+0.645%+0.0100%1h$150.8M$274.0M25xas long as short
Bluefin ETH-PERP+1.329%+0.0894%1h$19K$24K25xas long as short