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 06:40 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.069%
Price spread now: Perpl against SunX+0.025%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on SunXShort on Perpl
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.025%, 7d avg +0.031%
Together, before fees+0.064%+ Points / potential airdropPerpl: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,729.90.0100pay 0.0100% / 8h40m 49s$957K$10.9M100x
ShortPerpl ETH2,730.50get 0.0000% / 43m29m 49s$286K$5.7M8.3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl against SunX. 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
−$21
Price spread: +0.025% → +0.031%
−$0.6
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$43.4
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Perpl: no order-book sample. 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 SunX live order book, 8 min ago1.66 bp5.7 bp −$65.7 bp −$577.5 bp −$74910.4 bp −$5,194
Sell Perpl no order-book sample—————
Perpl: 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
BloFin ETH-USDT−0.0188%8h2,730.2+0.012%$280.6M$177.9M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,731+0.042%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,732.8+0.108%$811K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,730.5+0.025%$11.9M—200xas long as short
dYdX ETH-USD0.0000%1h2,731.3+0.052%$10.5M$42.6M50xas long as short
Kalshi KXETHPERP0.0000%8h2,731.6+0.064%$6.4M$681.6M4.9xas long as short
Perpl ETHshort0.0000%43m2,730.5+0.025%$286K$5.7M8.3x
Deribit ETH-PERPETUAL0.0000%1h2,730.8+0.036%$262.6M$212.4M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,730.6+0.026%$32.9M—200xas long as short
BingX ETH-USDC+0.0019%8h2,728.7−0.041%—$18.6M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0023%8h2,728.9−0.034%$2.32B$4.36B150xas long as short
HTX ETH-USDT+0.0028%8h2,730.1+0.007%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,731+0.042%$191K$889K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,731.5+0.060%$117K$20.2M52xas long as short
ApeX Omni ETHUSDT+0.0057%1h2,731.2+0.051%$8.6M$31.6M100xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,730.4+0.021%$82.1M$309.4M100xas long as short
KuCoin ETHUSDTM+0.0072%8h2,730.3+0.017%$383.9M$577.3M100xas long as short
Hibachi ETH/USDT-P+0.0072%1h2,732.8+0.107%$242K$1.4M20xas long as short
OKX ETH-USDT-SWAP+0.0074%8h2,728.8−0.038%$1.65B$10.84B100xas long as short
Aster ETHUSDT+0.0081%8h2,729.4−0.015%$252.8M$849.3M200xas long as short
MEXC ETH_USDT+0.0093%8h2,729.2−0.025%$1.56B$2.56B500xas long as short
Binance ETHUSDT+0.0094%8h2,729.2−0.023%$6.31B$16.15B150xas long as short
Lighter ETH+0.0096%1h2,730.8+0.036%$112.6M$429.7M50xas long as short
Lighter RH ETH+0.0096%1h2,732+0.080%$23.5M$102.0M50xas long as short
Aevo ETH-PERP+0.0096%1h2,729.1−0.027%$4.9M$183K20xas long as short
Katana Perps ETH-USD+0.0100%8h2,730+0.005%$501K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,734.4+0.168%$15.4M$7.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,730.5+0.022%$14.0M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,733+0.115%$3.12B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,731.5+0.062%$32.1M$333.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,730.9+0.038%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,731.1+0.046%$1.5M$15.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,729.5−0.012%$162.7M$356.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,729.3−0.019%$3.31B$8.86B200xas long as short
Bitget ETHUSDT+0.0100%8h2,729.2−0.023%$2.10B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,729.8−0.001%$15.0M$41.2M50xas long as short
Variational Omni ETH+0.0100%8h2,729.4−0.017%$133.9M$317.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,730.4+0.021%$185.7M$681.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,732+0.079%$158.8M$83.6M50xas long as short
StandX ETH-USD+0.0100%1h2,731.5+0.060%$21.0M$70.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,732.2+0.088%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,731.6+0.064%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,730.3+0.016%$184K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,731.3+0.054%$22K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,731.9+0.075%$40.9M$30.1M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,729.9long leg$957K$10.9M100x
SoDEX ETH-USD+0.0100%1h2,730.1+0.009%$54.4M$187.2M40xas long as short
Phemex ETHUSDT+0.0100%8h2,730.5+0.023%$263.2M$64.4M150xas long as short
Aftermath Perps ETHUSD+0.0104%1h2,731.6+0.063%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,728.4−0.052%$30.4M$72.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,730.8+0.034%—$30.4M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,731.5+0.059%$46.6M$4.30B50xas long as short
RISEx ETH/USDC+0.0114%1h2,731.1+0.045%$5.6M$11.7M25xas long as short
Reya ETHRUSDPERP+0.0183%1h2,729.1−0.028%$7.3M$975K25xas long as short
Orderly PERP_ETH_USDC+0.0185%8h2,732.5+0.097%$32.2M$11.2M100xas long as short