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−$19
spread now−0.001%7d average+0.005%fees + slippage, in and out−$18spread needed0.184%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ETH-USD2,745.4−0.0017get 0.0002% / 1h13m 06s$55.4M$161.6M40x
ShortBackpack ETH_USDC_PERP2,745.40.0100get 0.0013% / 1h13m 06s$15.0M$39.7M50x

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
−$0.07
Funding while held
$3.5
Slippage, 4 orders
−$0.4
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$14.97
Spread needed to break even
0.184%
Slippage from SoDEX: live order book, 2 min ago; Backpack: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0117%
Per $10,000 a day
+$3.50
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 SoDEX live order book, 2 min ago0.18 bp4.2 bp −$44.4 bp −$445.9 bp −$58633.7 bp −$16.8K
Sell Backpack live order book, 3 min ago0.02 bp5.0 bp −$56.2 bp −$6216.6 bp −$1,659doesn't fit

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
Variational Omni ETH−0.275%+0.0100%8h$151.7M$300.2Mas long as short
Bulk ETH-USD−0.248%+0.0100%1h$151.8M$273.7M25xas long as short
edgeX ETHUSDC−0.211%+0.0100%4h$177.7M$752.1M100xas long as short
Phoenix ETH−0.208%+0.0050%1h$1.4M$2.4M25xas long as short
ApeX Omni ETHUSDT−0.162%−0.0032%1h$7.7M$27.6M100xas long as short
Aftermath Perps ETHUSD−0.136%+0.0293%1h$29K$27K20xas long as short
Hibachi ETH/USDT-P−0.092%+0.0096%1h$288K$1.3M20xas long as short
Aevo ETH-PERP−0.075%+0.0088%1h$5.0M$729K20xas long as short
Perpl ETH−0.036%−0.0447%43m$412K$5.9M8.3xas long as short
SunX ETH-USDT−0.033%+0.0100%8h$946K$14.6M100xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ETHUSDT−0.030%+0.0062%8h$2.13B$3.09B150xas long as short
StandX ETH-USD−0.029%+0.0100%1h$21.0M$51.6M40xas long as short
BingX ETH-USDT−0.022%+0.0100%8h$1.09Bas long as short
OKX ETH-USDT-SWAP−0.020%+0.0013%8h$1.71B$11.08B100xas long as short
Gate ETH_USDT−0.019%−0.0051%8h$3.68B$8.74B200xas long as short
01 Exchange ETHUSD−0.018%+0.0008%1h$183K$1.2M50xas long as short
Extended ETH-USD−0.016%+0.0104%1h$32.6M$75.3M50xas long as short
Injective ETH/USDC PERP−0.015%+0.0067%1h$118K$22.5M52xas long as short
HTX ETH-USDT−0.015%+0.0079%8h$1.09B$1.18B200xas long as short
Phemex ETHUSDT−0.013%+0.0037%8h$265.4M$66.4M150xas long as short
Vest ETH-PERP−0.013%+0.0100%1h$1.2M50xas long as short
Nado ETH-PERP−0.007%+0.0100%1h$17.9M$113.4M50xas long as short
Ondo Perps ETH-USD.P−0.007%+0.0100%1h$3.0M$13.6M25xas long as short
MEXC ETH_USDT−0.005%+0.0090%8h$1.54B$2.48B500xas long as short
Binance ETHUSDT−0.002%+0.0091%8h$6.54B$15.42B150xas long as short
Backpack ETH_USDC_PERPshort−0.001%+0.0100%1h$15.0M$39.7M50x
Hotstuff ETH-PERP0.000%−0.0080%1h$5K$2K50xas long as short
SoDEX ETH-USDlong0.000%−0.0017%1h$55.4M$161.6M40x
Aster ETHUSDT+0.004%+0.0100%8h$273.5M$842.6M200xas long as short
Bybit ETHUSDT+0.004%+0.0100%8h$2.50B$4.41B150xas long as short
Jupiter Perps ETH-PERP+0.008%L +0.0096% / S +0.0048%1h$44.8M500xas long as short
BloFin ETH-USDT+0.010%+0.0211%8h$295.6M$178.8M150xas long as short
Bullet ETH-USD+0.015%+0.0016%1h$191K$1.9M20xas long as short
Reya ETHRUSDPERP+0.015%+0.0161%1h$7.3M$970K25xas long as short
Kalshi KXETHPERP+0.022%0.0000%8h$7.5M$538.3M4.9xas long as short
Pacifica ETH+0.025%+0.0100%1h$31.0M$209.4M50xas long as short
KuCoin ETHUSDTM+0.029%+0.0100%8h$442.5M$656.4M100xas long as short
Katana Perps ETH-USD+0.029%+0.0100%8h$475K$2.0M50xas long as short
Polymarket Perps ETH-USD+0.036%+0.0100%1h$10.7M$5.3M50xas long as short
RISEx ETH/USDC+0.040%+0.0171%1h$5.8M$13.3M25xas long as short
dYdX ETH-USD+0.040%+0.0085%1h$16.1M$33.0M50xas long as short
Lighter ETH+0.041%+0.0096%1h$118.0M$500.8M50xas long as short
Arcus ETH-USD+0.044%+0.0100%1h$2.5M$15.7M25xas long as short
Coinbase International ETH-PERP-INTX+0.060%+0.0088%1h$60.3M$4.79B50xas long as short
GMX ETH/USD [ETH-USDC]+0.062%L +0.0019% / S +0.0013%1h$11.9M200xas long as short
Lighter RH ETH+0.062%+0.0096%1h$25.8M$119.7M50xas long as short
Bluefin ETH-PERP+0.066%+0.0100%1h$21K$26K25xas long as short
Deribit ETH-PERPETUAL+0.067%+0.0216%1h$260.1M$215.5M50xas long as short
Kraken Futures PF_ETHUSD+0.072%+0.0349%1h$87.6M$312.7M100xas long as short
gTrade (Gains Network) ETH/USD+0.073%L +0.0006% / S −0.0006%1h$22.2M200xas long as short
Orderly PERP_ETH_USDC+0.103%+0.0206%8h$32.2M$10.6M100xas long as short
Derive ETH-PERP+0.138%+0.0315%1h$42.7M$27.1M15xas long as short
Hyperliquid ETH+0.138%+0.0352%1h$3.28B$2.18B25xas long as short
Paradex ETH-USD-PERP+0.167%+0.0100%8h$14.4M$11.5M50xas long as short