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−$26
spread now−0.030%7d average−0.014%fees + slippage, in and out−$24spread needed0.241%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ETHUSDT2,740.30.0040pay 0.0040% / 8h41m 25s$265.0M$66.5M150x
ShortHTX ETH-USDT2,739.50.0100get 0.0100% / 8h41m 25s$1.08B$1.19B200x

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
−$2.99
Funding while held
$1.79
Slippage, 4 orders
−$0.09
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$25.29
Spread needed to break even
0.241%
Slippage from Phemex: live order book, 4 min ago; HTX: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0060%
Per $10,000 a day
+$1.79
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 Phemex live order book, 4 min ago0.02 bp6.0 bp −$66.8 bp −$689.2 bp −$91813.6 bp −$6,809
Sell HTX live order book, 4 min ago0.02 bp6.0 bp −$66.1 bp −$619.4 bp −$93814.5 bp −$7,237

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
SunX ETH-USDT−0.035%+0.0100%8h$944K$14.5M100xas long as short
HTX ETH-USDTshort−0.030%+0.0100%8h$1.08B$1.19B200x
BloFin ETH-USDT−0.009%+0.0220%8h$293.9M$173.9M150xas long as short
Phemex ETHUSDTlong0.000%+0.0040%8h$265.0M$66.5M150x
Aevo ETH-PERP+0.008%+0.0096%1h$5.0M$752K20xas long as short
Backpack ETH_USDC_PERP+0.012%+0.0100%1h$14.9M$39.6M50xas long as short
SoDEX ETH-USD+0.036%+0.0001%1h$55.3M$161.5M40xas long as short
Bitget ETHUSDT+0.045%+0.0072%8h$2.13B$3.08B150xas long as short
Nado ETH-PERP+0.046%+0.0100%1h$17.8M$112.8M50xas long as short
Kraken Futures PF_ETHUSD+0.049%+0.0350%1h$86.8M$315.2M100xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kalshi KXETHPERP+0.058%0.0000%8h$5.9M$526.4M4.9xas long as short
Deribit ETH-PERPETUAL+0.059%+0.0049%1h$260.6M$212.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.062%+0.0088%1h$60.4M$4.79B50xas long as short
Hibachi ETH/USDT-P+0.065%+0.0176%1h$301K$1.3M20xas long as short
Gate ETH_USDT+0.066%−0.0042%8h$3.73B$8.54B200xas long as short
ApeX Omni ETHUSDT+0.069%−0.0041%1h$7.7M$27.7M100xas long as short
MEXC ETH_USDT+0.069%+0.0100%8h$1.54B$2.43B500xas long as short
Bullet ETH-USD+0.069%+0.0007%1h$185K$1.9M20xas long as short
Binance ETHUSDT+0.077%+0.0100%8h$6.55B$15.21B150xas long as short
BingX ETH-USDT+0.078%+0.0100%8h$1.09Bas long as short
OKX ETH-USDT-SWAP+0.080%+0.0016%8h$1.72B$10.98B100xas long as short
Injective ETH/USDC PERP+0.087%+0.0067%1h$118K$22.5M52xas long as short
Bybit ETHUSDT+0.089%+0.0100%8h$2.50B$4.39B150xas long as short
Perpl ETH+0.090%0.0000%43m$425K$5.9M8.3xas long as short
GMX ETH/USD [ETH-USDC]+0.099%L +0.0018% / S +0.0014%1h$11.9M200xas long as short
Aster ETHUSDT+0.100%+0.0100%8h$269.2M$838.7M200xas long as short
edgeX ETHUSDC+0.101%+0.0100%4h$176.0M$740.0M100xas long as short
Extended ETH-USD+0.103%+0.0104%1h$32.6M$75.1M50xas long as short
Hotstuff ETH-PERP+0.105%−0.0080%1h$5K$2K50xas long as short
Bluefin ETH-PERP+0.107%+0.0100%1h$21K$26K25xas long as short
KuCoin ETHUSDTM+0.113%+0.0100%8h$388.9M$674.4M100xas long as short
gTrade (Gains Network) ETH/USD+0.115%L +0.0006% / S −0.0006%1h$22.2M200xas long as short
StandX ETH-USD+0.116%+0.0100%1h$21.0M$51.2M40xas long as short
Reya ETHRUSDPERP+0.127%+0.0155%1h$7.3M$966K25xas long as short
Ondo Perps ETH-USD.P+0.131%+0.0100%1h$3.1M$13.6M25xas long as short
Pacifica ETH+0.132%+0.0100%1h$31.2M$202.9M50xas long as short
Vest ETH-PERP+0.138%+0.0100%1h$1.2M50xas long as short
dYdX ETH-USD+0.139%+0.0134%1h$20.2M$28.6M50xas long as short
Lighter ETH+0.141%+0.0096%1h$119.1M$491.4M50xas long as short
Arcus ETH-USD+0.155%+0.0100%1h$2.5M$15.1M25xas long as short
Jupiter Perps ETH-PERP+0.155%L +0.0096% / S +0.0048%1h$46.2M500xas long as short
Aftermath Perps ETHUSD+0.157%+0.0253%1h$29K$27K20xas long as short
Katana Perps ETH-USD+0.160%+0.0100%8h$491K$2.0M50xas long as short
Polymarket Perps ETH-USD+0.160%+0.0100%1h$10.7M$5.2M50xas long as short
01 Exchange ETHUSD+0.167%+0.0048%1h$181K$1.1M50xas long as short
RISEx ETH/USDC+0.169%+0.0171%1h$5.8M$13.6M25xas long as short
Orderly PERP_ETH_USDC+0.175%+0.0213%8h$32.2M$10.8M100xas long as short
Lighter RH ETH+0.179%+0.0096%1h$25.3M$117.2M50xas long as short
Derive ETH-PERP+0.211%+0.0567%1h$43.3M$26.0M15xas long as short
Variational Omni ETH+0.219%+0.0100%8h$155.8M$298.5Mas long as short
Paradex ETH-USD-PERP+0.225%+0.0100%8h$14.6M$11.3M50xas long as short
Bulk ETH-USD+0.232%+0.0100%1h$152.6M$276.1M25xas long as short
Hyperliquid ETH+0.240%+0.0184%1h$3.22B$2.14B25xas long as short
Phoenix ETH+0.259%+0.0050%1h$1.4M$2.4M25xas long as short