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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 16:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against OKX+0.021%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Long on OKXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days−0.020%−$2 · spread now +0.021%, 7d avg +0.003%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,728.20.0078pay 0.0078% / 8h7h 58m$1.65B$10.74B100x
ShortBitget ETHUSDT2,728.80.0100get 0.0100% / 8h7h 58m$2.11B$2.76B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$4.62
Price spread: +0.021% → +0.003%
$1.76
Slippage, 4 orders
−$0.07
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$15.69
Costs to cover
0.221%
Break-even
30.8 days
Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 6 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 OKX live order book, 6 min ago0.02 bp5.0 bp −$55.0 bp −$505.7 bp −$5697.8 bp −$3,875
Sell Bitget live order book, 6 min ago0.02 bp6.0 bp −$66.2 bp −$627.7 bp −$7689.9 bp −$4,927

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−0.0447%43m2,725.5−0.098%$274K$5.7M8.3xas long as short
Gate ETH_USDT−0.0097%8h2,729+0.030%$3.31B$8.17B200xas long as short
Hotstuff ETH-PERP−0.0080%1h2,728.1−0.004%$5K$1K50xas long as short
Bybit ETHUSDT−0.0024%8h2,728.2−0.001%$2.32B$4.32B150xas long as short
Phoenix ETH−0.0015%1h2,723.8−0.161%$808K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,725.6−0.094%$11.9M—200xas long as short
dYdX ETH-USD0.0000%1h2,728.3+0.002%$10.5M$41.8M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.2−0.073%$6.7M$672.8M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,726.1−0.077%$264.3M$216.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,725.8−0.088%$32.9M—200xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0018%8h2,728.1−0.005%—$18.6M—as long as short
01 Exchange ETHUSD+0.0064%1h2,729.5+0.048%$191K$884K50xas long as short
OKX ETH-USDT-SWAPlong+0.0078%8h2,728.2long leg$1.65B$10.74B100x
ApeX Omni ETHUSDT+0.0078%1h2,722.1−0.225%$8.4M$31.3M100xas long as short
Hibachi ETH/USDT-P+0.0080%1h2,724.2−0.145%$239K$1.4M20xas long as short
SoDEX ETH-USD+0.0081%1h2,725.2−0.110%$54.3M$182.6M40xas long as short
KuCoin ETHUSDTM+0.0083%8h2,727.5−0.026%$383.0M$575.8M100xas long as short
Aster ETHUSDT+0.0085%8h2,728.4+0.006%$252.3M$851.3M200xas long as short
MEXC ETH_USDT+0.0093%8h2,729.1+0.034%$1.58B$2.53B500xas long as short
Aftermath Perps ETHUSD+0.0093%1h2,724.6−0.134%$30K$20K20xas long as short
Binance ETHUSDT+0.0095%8h2,728.9+0.027%$6.32B$16.09B150xas long as short
Lighter ETH+0.0096%1h2,727.8−0.016%$112.3M$399.6M50xas long as short
Lighter RH ETH+0.0096%1h2,729+0.028%$23.4M$95.0M50xas long as short
Aevo ETH-PERP+0.0096%1h2,724−0.154%$4.9M$191K20xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,730.6+0.090%$15.4M$7.4M50xas long as short
Nado ETH-PERP+0.0100%1h2,727.9−0.010%$14.1M$104.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,730+0.066%$3.10B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,728−0.007%$32.1M$332.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,728.20.000%$2.7M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,729+0.028%$1.6M$15.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,727.1−0.040%$161.7M$337.0M25xas long as short
Bitget ETHUSDTshort+0.0100%8h2,728.8+0.021%$2.11B$2.76B150x
Backpack ETH_USDC_PERP+0.0100%1h2,726−0.082%$15.0M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,723−0.192%$131.2M$318.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,722.3−0.215%$185.2M$683.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,723.8−0.163%$158.3M$81.2M50xas long as short
StandX ETH-USD+0.0100%1h2,726.2−0.073%$20.9M$70.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,729.4+0.044%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,727.1−0.040%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,725.4−0.103%$180K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,726.4−0.065%$20K$23K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.4−0.029%$40.5M$30.0M15xas long as short
SunX ETH-USDT+0.0100%8h2,724.7−0.127%$955K$10.7M100xas long as short
HTX ETH-USDT+0.0100%8h2,725.4−0.103%$1.05B$1.21B200xas long as short
Phemex ETHUSDT+0.0100%8h2,726−0.082%$262.7M$64.0M150xas long as short
Extended ETH-USD+0.0104%1h2,726.3−0.071%$30.4M$71.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,725.1−0.113%—$30.1M500xas long as short
Kraken Futures PF_ETHUSD+0.0105%1h2,725.8−0.087%$81.9M$310.4M100xas long as short
BloFin ETH-USDT+0.0107%8h2,725−0.117%$280.6M$177.6M150xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h2,726.6−0.059%$46.7M$4.25B50xas long as short
RISEx ETH/USDC+0.0137%1h2,728.8+0.023%$5.6M$11.6M25xas long as short
Reya ETHRUSDPERP+0.0176%1h2,724.5−0.135%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0186%8h2,727.8−0.015%$32.2M$11.3M100xas long as short
Injective ETH/USDC PERP+0.0253%1h2,728.4+0.007%$117K$18.9M52xas long as short