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Funding arb · Price arb /

ETH

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: SunX against Paradex+0.035%7-day average −0.114% · 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−$182as in the Price arb table
costs, in and out, $10k−$1971.968% of the position
Long on ParadexShort on SunX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.018%−$2 on $10k
Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.035%, 7d avg −0.114%
Together, before fees−0.231%+ Points / potential airdropParadex: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.149% dearer against Paradex than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.114%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ETH-USD-PERP2,770.80.0099pay 0.0099% / 8h22m 11s$15.9M$10.1M50x
ShortSunX ETH-USDT2,771.80.0100get 0.0100% / 8h22m 11s$972K$13.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Paradex. 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
$0.15
Price spread: +0.035% → −0.114%
$14.94
Slippage, 4 orders
−$184.76
Fee Paradex: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$181.67
Costs to cover
1.968%
Break-even
8483.0 days
Slippage from Paradex: live order book, 2 min ago; SunX: live order book, 7 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 Paradex live order book, 2 min ago90.88 bp92.9 bp −$9398.3 bp −$983doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago0.50 bp4.5 bp −$54.9 bp −$497.5 bp −$7479.8 bp −$4,905

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
Perpl ETH−0.0223%43m2,771.5+0.024%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,772+0.041%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.400%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.4−0.051%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0039%1h2,768.4−0.087%$8.8M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,772.8+0.072%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,769.9−0.032%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.1+0.010%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772.4+0.058%$22.4M—200xas long as short
BingX ETH-USDC+0.0016%8h2,770−0.030%—$17.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,770.8−0.001%$1.70B$11.88B100xas long as short
Aftermath Perps ETHUSD+0.0024%1h2,771.7+0.031%$29K$22K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,772.3+0.052%$12.8M—200xas long as short
Aster ETHUSDT+0.0030%8h2,771.1+0.012%$255.7M$1.00B200xas long as short
SoDEX ETH-USD+0.0034%1h2,770.6−0.008%$55.2M$229.0M40xas long as short
Phemex ETHUSDT+0.0035%8h2,771.2+0.015%$270.3M$68.9M150xas long as short
Bullet ETH-USD+0.0045%1h2,771.4+0.022%$182K$1.7M20xas long as short
Aevo ETH-PERP+0.0056%1h2,768.7−0.077%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0057%8h2,771.2+0.013%$6.45B$17.31B150xas long as short
MEXC ETH_USDT+0.0058%8h2,770.6−0.010%$1.61B$2.65B500xas long as short
Bitget ETHUSDT+0.0066%8h2,770.8−0.002%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0070%8h2,771.6+0.027%$3.29B$9.67B200xas long as short
KuCoin ETHUSDTM+0.0083%8h2,770.80.000%$421.0M$739.6M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,772.4+0.056%$60.1M$4.59B50xas long as short
Bybit ETHUSDT+0.0089%8h2,770.5−0.011%$2.50B$4.63B150xas long as short
Vest ETH-PERP+0.0094%1h2,771.1+0.009%—$1.1M50xas long as short
HTX ETH-USDT+0.0095%8h2,770.80.000%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,771.4+0.020%$115.2M$499.8M50xas long as short
Lighter RH ETH+0.0096%1h2,772.7+0.067%$25.2M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,769.7−0.039%—$43.4M500xas long as short
Paradex ETH-USD-PERPlong+0.0099%8h2,770.8long leg$15.9M$10.1M50x
Katana Perps ETH-USD+0.0100%8h2,771.6+0.028%$476K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,771.3+0.018%$14.3M$118.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,774.3+0.126%$3.18B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,771.5+0.026%$31.2M$312.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771.7+0.032%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,772.7+0.069%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.9+0.075%$167.0M$259.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.3+0.016%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3−0.018%$147.5M$336.1M—as long as short
edgeX ETHUSDC+0.0100%4h2,768.5−0.085%$181.7M$783.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.2+0.015%$161.1M$89.0M50xas long as short
StandX ETH-USD+0.0100%1h2,767.1−0.134%$21.4M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,771.9+0.039%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.8+0.034%$21K$24K25xas long as short
SunX ETH-USDTshort+0.0100%8h2,771.8+0.035%$972K$13.9M100x
Derive ETH-PERP+0.0100%1h2,773.5+0.096%$42.7M$29.4M15xas long as short
Extended ETH-USD+0.0104%1h2,770.2−0.022%$32.5M$78.2M50xas long as short
Deribit ETH-PERPETUAL+0.0107%1h2,772.5+0.059%$259.0M$222.4M50xas long as short
Kalshi KXETHPERP+0.0113%8h2,770.9+0.003%$8.3M$687.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,772+0.042%$88.8M$337.1M100xas long as short
Orderly PERP_ETH_USDC+0.0141%8h2,773.9+0.110%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0178%8h2,768.9−0.068%$287.2M$194.3M150xas long as short
Reya ETHRUSDPERP+0.0203%1h2,771.1+0.011%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,768.9−0.069%$251K$1.6M20xas long as short