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)+0.206%
7d average−0.005%if it closes, per $10,000$21funding while held, a day−$2.97
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETH2,761.50.0100pay 0.0100% / 8h7h 26m$145.4M$312.0M
ShortdYdX ETH-USD2,767.20.0001get 0.0000% / 1h26m 41s$16.1M$34.8M50x

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
$20.57
Funding while held
−$2.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$7.61
Spread needed to break even
0.100%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; dYdX: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0099%
Per $10,000 a day
$2.97
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 Variational Omni RFQ quote, 4 min ago0.60 bpdoesn't fit1.0 bp −$103.2 bp −$317doesn't fit
Sell dYdX live order book, 4 min ago1.99 bp9.9 bp −$1022.0 bp −$22041.9 bp −$4,19579.5 bp −$39.7K

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-USD−0.207%+0.0063%1h$157.8M$272.8M25xas long as short
Injective ETH/USDC PERP−0.148%−0.0054%1h$118K$22.5M52xas long as short
Variational Omni ETHlong0.000%+0.0100%8h$145.4M$312.0M
edgeX ETHUSDC+0.047%+0.0100%4h$179.1M$765.5M100xas long as short
Hibachi ETH/USDT-P+0.051%+0.0096%1h$291K$1.3M20xas long as short
ApeX Omni ETHUSDT+0.063%+0.0090%1h$8.0M$28.0M100xas long as short
Aftermath Perps ETHUSD+0.068%+0.0290%1h$29K$22K20xas long as short
Extended ETH-USD+0.079%+0.0104%1h$31.7M$78.6M50xas long as short
Aster ETHUSDT+0.099%+0.0100%8h$276.4M$888.6M200xas long as short
Gate ETH_USDT+0.102%+0.0100%8h$3.47B$8.89B200xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.107%+0.0013%8h$1.73B$11.28B100xas long as short
Binance ETHUSDT+0.119%+0.0076%8h$6.58B$15.98B150xas long as short
MEXC ETH_USDT+0.119%+0.0076%8h$1.53B$2.47B500xas long as short
KuCoin ETHUSDTM+0.122%+0.0100%8h$401.7M$690.0M100xas long as short
Ondo Perps ETH-USD.P+0.127%+0.0100%1h$3.0M$15.0M25xas long as short
BingX ETH-USDC+0.130%+0.0100%8h$16.9Mas long as short
Phoenix ETH+0.131%+0.0035%1h$1.4M$2.4M25xas long as short
Bybit ETHUSDT+0.133%+0.0100%8h$2.53B$4.46B150xas long as short
Bullet ETH-USD+0.134%+0.0100%1h$200K$1.8M20xas long as short
Bitget ETHUSDT+0.137%+0.0079%8h$2.11B$3.15B150xas long as short
Aevo ETH-PERP+0.137%+0.0080%1h$5.0M$723K20xas long as short
BloFin ETH-USDT+0.140%+0.0196%8h$291.8M$177.0M150xas long as short
Reya ETHRUSDPERP+0.142%+0.0173%1h$7.4M$964K25xas long as short
Hotstuff ETH-PERP+0.145%−0.0080%1h$5K$2K50xas long as short
Lighter ETH+0.147%+0.0096%1h$117.0M$499.0M50xas long as short
SoDEX ETH-USD+0.153%+0.0029%1h$55.8M$162.0M40xas long as short
Vest ETH-PERP+0.155%+0.0100%1h$1.1M50xas long as short
HTX ETH-USDT+0.156%+0.0060%8h$1.09B$1.20B200xas long as short
RISEx ETH/USDC+0.156%+0.0122%1h$5.8M$13.0M25xas long as short
StandX ETH-USD+0.156%+0.0100%1h$21.3M$51.0M40xas long as short
SunX ETH-USDT+0.157%+0.0087%8h$954K$14.6M100xas long as short
Arcus ETH-USD+0.157%+0.0100%1h$2.7M$16.1M25xas long as short
Backpack ETH_USDC_PERP+0.158%+0.0100%1h$15.3M$39.5M50xas long as short
Pacifica ETH+0.164%+0.0100%1h$31.4M$221.5M50xas long as short
Jupiter Perps ETH-PERP+0.168%L +0.0096% / S +0.0048%1h$44.7M500xas long as short
Phemex ETHUSDT+0.170%−0.0047%8h$266.6M$66.9M150xas long as short
GMX ETH/USD [ETH-USDC]+0.173%L −0.0013% / S +0.0045%1h$11.8M200xas long as short
Nado ETH-PERP+0.179%+0.0100%1h$17.8M$111.6M50xas long as short
gTrade (Gains Network) ETH/USD+0.186%L +0.0006% / S −0.0006%1h$22.4M200xas long as short
Lighter RH ETH+0.186%+0.0096%1h$25.3M$117.8M50xas long as short
Perpl ETH+0.193%−0.0447%43m$421K$6.2M8.3xas long as short
Bluefin ETH-PERP+0.199%+0.2848%1h$21K$26K25xas long as short
Polymarket Perps ETH-USD+0.200%+0.0100%1h$10.8M$5.5M50xas long as short
dYdX ETH-USDshort+0.206%+0.0001%1h$16.1M$34.8M50x
01 Exchange ETHUSD+0.218%+0.0048%1h$181K$1.2M50xas long as short
Deribit ETH-PERPETUAL+0.228%+0.0043%1h$260.1M$214.1M50xas long as short
Kalshi KXETHPERP+0.229%+0.0130%8h$10.2M$562.0M4.9xas long as short
Kraken Futures PF_ETHUSD+0.234%+0.0261%1h$87.0M$315.3M100xas long as short
Coinbase International ETH-PERP-INTX+0.236%+0.0120%1h$60.2M$4.75B50xas long as short
Orderly PERP_ETH_USDC+0.252%+0.0189%8h$32.5M$10.9M100xas long as short
Hyperliquid ETH+0.253%+0.0480%1h$3.32B$2.17B25xas long as short
Derive ETH-PERP+0.272%+0.0102%1h$42.9M$29.7M15xas long as short
Katana Perps ETH-USD+0.276%+0.0100%8h$474K$2.2M50xas long as short
Paradex ETH-USD-PERP+0.294%+0.0100%8h$15.0M$11.7M50xas long as short