data as of
Settings8H · net · $10k
Price arb /

ETH

all ETH markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.765%
7d average+0.034%if it closes, per $10,000$76funding while held, a day−$1.87
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ETHRUSDPERP2,759.70.0162pay 0.0020% / 1h7m 28s$7.3M$970K25x
ShortBulk ETH-USD2,738.60.0100get 0.0013% / 1h7m 28s$151.8M$273.7M25x

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
−$76.47
Funding while held
−$1.87
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$91.34
Spread needed to break even
0.130%
Slippage unknown: Reya: no order-book sample; Bulk: live order book, 3 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0062%
Per $10,000 a day
$1.87
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 Reya no order-book sample
Sell Bulk live order book, 3 min ago0.02 bp3.5 bp −$43.5 bp −$355.1 bp −$5076.3 bp −$3,164
Reya: 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 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
Bulk ETH-USDshort−0.765%+0.0100%1h$151.8M$273.7M25x
Hibachi ETH/USDT-P−0.418%+0.0088%1h$289K$1.3M20xas long as short
Variational Omni ETH−0.356%+0.0100%8h$153.8M$301.9Mas long as short
edgeX ETHUSDC−0.336%+0.0100%4h$178.4M$737.8M100xas long as short
Injective ETH/USDC PERP−0.304%+0.0067%1h$118K$22.5M52xas long as short
ApeX Omni ETHUSDT−0.264%−0.0022%1h$7.7M$27.7M100xas long as short
Aftermath Perps ETHUSD−0.259%+0.0303%1h$29K$27K20xas long as short
BloFin ETH-USDT−0.183%+0.0212%8h$295.4M$180.1M150xas long as short
Jupiter Perps ETH-PERP−0.149%L +0.0096% / S +0.0048%1h$44.7M500xas long as short
Derive ETH-PERP−0.140%+0.0290%1h$42.8M$27.7M15xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo ETH-PERP−0.058%+0.0096%1h$5.0M$729K20xas long as short
gTrade (Gains Network) ETH/USD−0.044%L +0.0006% / S −0.0006%1h$22.3M200xas long as short
OKX ETH-USDT-SWAP−0.038%+0.0012%8h$1.71B$11.28B100xas long as short
Bullet ETH-USD−0.033%+0.0024%1h$191K$1.9M20xas long as short
Bitget ETHUSDT−0.029%+0.0063%8h$2.13B$3.15B150xas long as short
MEXC ETH_USDT−0.010%+0.0092%8h$1.53B$2.51B500xas long as short
Extended ETH-USD−0.005%+0.0104%1h$32.8M$75.5M50xas long as short
Reya ETHRUSDPERPlong0.000%+0.0162%1h$7.3M$970K25x
Vest ETH-PERP0.000%+0.0100%1h$1.2M50xas long as short
KuCoin ETHUSDTM+0.003%+0.0100%8h$405.0M$671.6M100xas long as short
Binance ETHUSDT+0.005%+0.0093%8h$6.57B$15.66B150xas long as short
BingX ETH-USDT+0.007%+0.0100%8h$1.09Bas long as short
Gate ETH_USDT+0.013%−0.0051%8h$3.51B$8.93B200xas long as short
Polymarket Perps ETH-USD+0.022%+0.0100%1h$10.8M$5.4M50xas long as short
Bybit ETHUSDT+0.025%+0.0100%8h$2.51B$4.47B150xas long as short
Perpl ETH+0.026%−0.0447%43m$414K$6.0M8.3xas long as short
Pacifica ETH+0.032%+0.0100%1h$31.1M$212.7M50xas long as short
01 Exchange ETHUSD+0.033%0.0000%1h$185K$1.2M50xas long as short
Katana Perps ETH-USD+0.036%+0.0100%8h$476K$2.1M50xas long as short
SoDEX ETH-USD+0.036%+0.0006%1h$55.7M$161.7M40xas long as short
dYdX ETH-USD+0.038%+0.0075%1h$16.2M$33.1M50xas long as short
Phemex ETHUSDT+0.038%+0.0020%8h$266.7M$67.0M150xas long as short
Ondo Perps ETH-USD.P+0.040%+0.0100%1h$3.0M$14.2M25xas long as short
Hotstuff ETH-PERP+0.040%−0.0080%1h$5K$2K50xas long as short
Lighter ETH+0.040%+0.0096%1h$119.3M$510.4M50xas long as short
Phoenix ETH+0.047%+0.0050%1h$1.4M$2.4M25xas long as short
HTX ETH-USDT+0.048%+0.0079%8h$1.09B$1.19B200xas long as short
Arcus ETH-USD+0.049%+0.0100%1h$2.5M$15.7M25xas long as short
Kalshi KXETHPERP+0.051%0.0000%8h$8.3M$542.6M4.9xas long as short
RISEx ETH/USDC+0.051%+0.0171%1h$5.8M$13.4M25xas long as short
GMX ETH/USD [ETH-USDC]+0.055%L +0.0019% / S +0.0013%1h$12.1M200xas long as short
Nado ETH-PERP+0.060%+0.0100%1h$18.1M$113.8M50xas long as short
Backpack ETH_USDC_PERP+0.061%+0.0100%1h$15.2M$39.9M50xas long as short
SunX ETH-USDT+0.065%+0.0100%8h$953K$14.7M100xas long as short
StandX ETH-USD+0.065%+0.0100%1h$21.1M$51.5M40xas long as short
Lighter RH ETH+0.066%+0.0096%1h$26.1M$120.5M50xas long as short
Bluefin ETH-PERP+0.070%+0.0100%1h$21K$26K25xas long as short
Aster ETHUSDT+0.091%+0.0100%8h$275.3M$856.7M200xas long as short
Orderly PERP_ETH_USDC+0.126%+0.0205%8h$32.4M$10.7M100xas long as short
Hyperliquid ETH+0.129%+0.0367%1h$3.30B$2.19B25xas long as short
Kraken Futures PF_ETHUSD+0.158%+0.0347%1h$87.5M$314.5M100xas long as short
Deribit ETH-PERPETUAL+0.162%+0.0315%1h$259.2M$216.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.177%+0.0088%1h$60.5M$4.82B50xas long as short
Paradex ETH-USD-PERP+0.206%+0.0100%8h$14.6M$11.6M50xas long as short