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 19:00 UTC+0.0028%/8hnext payment +$0.04 per $10,000 · paid last 24h −0.006%
Price spread now: Coinbase International against Ondo Perps+0.147%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Ondo PerpsShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.147%, 7d avg +0.051%
Together, before fees−0.081%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.096% dearer against Ondo Perps than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ETH-USD.P2,756.60.0100pay 0.0013% / 1h5m 29s$2.9M$15.3M25x
ShortCoinbase International ETH-PERP-INTX2,760.70.0128get 0.0016% / 1h5m 29s$59.5M$4.56B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Ondo Perps. 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
$5.88
Price spread: +0.147% → +0.051%
$9.6
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$0.48
Costs to cover
0.150%
Break-even
6.4 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample—————
Sell Coinbase International live order book, 3 min ago0.02 bp5.0 bp −$55.0 bp −$507.9 bp −$79124.3 bp −$12.2K
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETH on 55 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
Injective ETH/USDC PERP−0.0208%1h2,761.8+0.189%$119K$22.5M52xas long as short
Perpl ETH−0.0112%43m2,759.9+0.118%$269K$6.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,758.7+0.076%$5K$2K50xas long as short
SoDEX ETH-USD−0.0021%1h2,758.6+0.073%$55.6M$184.4M40xas long as short
Phoenix ETH−0.0003%1h2,762.9+0.229%$928K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,757.8+0.045%$13.5M$42.2M50xas long as short
Deribit ETH-PERPETUAL+0.0004%1h2,761.1+0.163%$258.3M$209.3M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,760.5+0.140%$22.3M—200xas long as short
Bulk ETH-USD+0.0012%1h2,762.6+0.217%$165.0M$265.6M25xas long as short
ApeX Omni ETHUSDT+0.0016%1h2,761.5+0.176%$8.4M$28.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0016%8h2,754.4−0.081%$1.73B$11.29B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0021% / S +0.0013%1h2,760.5+0.140%$12.3M—200xas long as short
Bullet ETH-USD+0.0022%1h2,759.2+0.093%$194K$1.8M20xas long as short
01 Exchange ETHUSD+0.0024%1h2,757.5+0.033%$178K$1.2M50xas long as short
Phemex ETHUSDT+0.0032%8h2,759.1+0.092%$266.7M$64.5M150xas long as short
MEXC ETH_USDT+0.0038%8h2,756.1−0.019%$1.61B$2.48B500xas long as short
Binance ETHUSDT+0.0039%8h2,756.2−0.014%$6.56B$16.33B150xas long as short
Aevo ETH-PERP+0.0040%1h2,757.3+0.025%$5.0M$651K20xas long as short
RISEx ETH/USDC+0.0044%1h2,757.6+0.036%$5.8M$12.2M25xas long as short
Gate ETH_USDT+0.0049%8h2,756.60.000%$3.34B$9.26B200xas long as short
Aster ETHUSDT+0.0057%8h2,757.6+0.036%$267.9M$947.7M200xas long as short
Aftermath Perps ETHUSD+0.0071%1h2,763.3+0.242%$29K$20K20xas long as short
Bitget ETHUSDT+0.0072%8h2,754.6−0.073%$2.09B$3.01B150xas long as short
Variational Omni ETH+0.0089%8h2,762.2+0.205%$140.0M$304.0M—as long as short
Lighter ETH+0.0096%1h2,757.2+0.022%$115.0M$498.9M50xas long as short
Lighter RH ETH+0.0096%1h2,759.3+0.097%$25.5M$122.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,761.8+0.188%—$44.1M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,761.2+0.166%$15.8M$11.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,758+0.051%$480K$2.5M50xas long as short
Nado ETH-PERP+0.0100%1h2,761+0.160%$17.3M$112.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,760.2+0.131%$3.23B$2.21B25xas long as short
Pacifica ETH+0.0100%1h2,757.4+0.029%$31.2M$265.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,756−0.022%$2.52B$4.43B150xas long as short
Ondo Perps ETH-USD.Plong+0.0100%1h2,756.6long leg$2.9M$15.3M25x
Arcus ETH-USD+0.0100%1h2,758.4+0.067%$2.9M$16.9M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,757.1+0.018%$414.7M$711.1M100xas long as short
BingX ETH-USDT+0.0100%8h2,756.4−0.006%—$1.15B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,759+0.085%$15.3M$41.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,761.2+0.168%$179.7M$749.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,762.6+0.217%$160.7M$95.7M50xas long as short
StandX ETH-USD+0.0100%1h2,760.9+0.156%$21.3M$56.8M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,758+0.051%$11.3M$7.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,760.5+0.142%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,762.2+0.204%$42.8M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h2,761.3+0.172%$969K$14.2M100xas long as short
HTX ETH-USDT+0.0100%8h2,758.3+0.062%$1.08B$1.24B200xas long as short
Vest ETH-PERP+0.0100%1h2,757.2+0.022%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,756.1−0.018%$31.5M$75.6M50xas long as short
Orderly PERP_ETH_USDC+0.0112%8h2,762+0.196%$32.4M$11.1M100xas long as short
Kalshi KXETHPERP+0.0127%8h2,762.3+0.207%$8.5M$643.1M4.9xas long as short
Coinbase International ETH-PERP-INTXshort+0.0128%1h2,760.7+0.147%$59.5M$4.56B50x
Hibachi ETH/USDT-P+0.0152%1h2,763.6+0.253%$278K$1.5M20xas long as short
BloFin ETH-USDT+0.0154%8h2,762.2+0.202%$292.7M$186.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0163%1h2,760.1+0.128%$85.2M$322.2M100xas long as short
Reya ETHRUSDPERP+0.0226%1h2,754.1−0.090%$7.5M$937K25xas long as short