Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.010%
Price spread now: Coinbase International against 01 Exchange−0.004%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.335% of the position
Long on 01 ExchangeShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.061%+$6 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.004%, 7d avg +0.008%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,774−0.0032get 0.0004% / 1h9m 35s$169K$1.1M50x
ShortCoinbase International ETH-PERP-INTX2,773.90.0080get 0.0010% / 1h9m 35s$60.4M$4.41B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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
$23.52
Price spread: −0.004% → +0.008%
−$1.19
Slippage, 4 orders
−$16.54
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$11.21
Costs to cover
0.335%
Break-even
10.3 days
Slippage from 01 Exchange: live order book, 5 min ago; Coinbase International: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange live order book, 5 min ago0.18 bp16.4 bp −$1623.1 bp −$231doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago0.02 bp5.0 bp −$55.0 bp −$508.0 bp −$79822.7 bp −$11.3K

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
Injective ETH/USDC PERP−0.0752%1h2,773.8−0.007%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,774.1+0.002%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,772.7−0.047%$322K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,774.6+0.022%$5K$1K50xas long as short
01 Exchange ETHUSDlong−0.0032%1h2,774long leg$169K$1.1M50x
Phoenix ETH−0.0003%1h2,770.5−0.126%$872K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,774.7+0.025%$12.3M$42.8M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,774.1+0.003%$22.4M—200xas long as short
Bullet ETH-USD+0.0014%1h2,773.5−0.018%$185K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0030%8h2,773.7−0.012%$1.71B$10.98B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0035%8h2,773.7−0.010%$269.9M$65.9M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,773.9−0.002%$12.7M—200xas long as short
SoDEX ETH-USD+0.0043%1h2,772−0.072%$55.2M$187.7M40xas long as short
Aster ETHUSDT+0.0051%8h2,773.8−0.008%$256.5M$861.4M200xas long as short
MEXC ETH_USDT+0.0059%8h2,774.2+0.006%$1.61B$2.66B500xas long as short
Binance ETHUSDT+0.0060%8h2,773.6−0.015%$6.48B$16.05B150xas long as short
Aevo ETH-PERP+0.0064%1h2,769.7−0.154%$5.0M$156K20xas long as short
HTX ETH-USDT+0.0076%8h2,772.6−0.052%$1.08B$1.23B200xas long as short
Bitget ETHUSDT+0.0079%8h2,774.8+0.027%$2.10B$2.82B150xas long as short
Aftermath Perps ETHUSD+0.0080%1h2,770.8−0.116%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTXshort+0.0080%1h2,773.9−0.004%$60.4M$4.41B50x
Gate ETH_USDT+0.0084%8h2,774.4+0.015%$3.39B$9.10B200xas long as short
Vest ETH-PERP+0.0084%1h2,773.3−0.025%—$876K50xas long as short
ApeX Omni ETHUSDT+0.0089%1h2,769−0.180%$8.6M$31.4M100xas long as short
KuCoin ETHUSDTM+0.0089%8h2,774.5+0.019%$420.9M$594.3M100xas long as short
Lighter ETH+0.0096%1h2,774.7+0.026%$115.3M$460.1M50xas long as short
Lighter RH ETH+0.0096%1h2,775.6+0.058%$25.6M$112.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,778.6+0.166%$16.0M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.6−0.014%$486K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,773.4−0.022%$14.6M$112.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,776.1+0.076%$3.17B$2.10B25xas long as short
Pacifica ETH+0.0100%1h2,774.6+0.022%$31.4M$328.9M50xas long as short
Bybit ETHUSDT+0.0100%8h2,774.1+0.003%$2.52B$4.27B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,774.2+0.007%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,774.7+0.026%$2.8M$16.7M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.377%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,774.1+0.004%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,773.4−0.022%$15.2M$41.7M50xas long as short
Variational Omni ETH+0.0100%8h2,769.2−0.175%$134.1M$347.1M—as long as short
edgeX ETHUSDC+0.0100%4h2,768.6−0.196%$183.7M$750.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.4−0.094%$161.1M$84.1M50xas long as short
StandX ETH-USD+0.0100%1h2,771.1−0.105%$21.4M$64.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.8−0.007%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,773.5−0.017%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.5+0.018%$42.6M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,773.3−0.026%$973K$12.8M100xas long as short
Extended ETH-USD+0.0104%1h2,774.1+0.003%$30.9M$74.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769.9−0.148%—$36.0M500xas long as short
Kalshi KXETHPERP+0.0113%8h2,773.4−0.022%$8.1M$673.4M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,773.6−0.013%$98.0M$314.3M100xas long as short
Orderly PERP_ETH_USDC+0.0156%8h2,775.6+0.057%$32.7M$11.0M100xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,770.4−0.131%$253K$1.5M20xas long as short
BloFin ETH-USDT+0.0180%8h2,769.1−0.175%$287.7M$177.7M150xas long as short
Deribit ETH-PERPETUAL+0.0201%1h2,773.7−0.012%$259.1M$201.7M50xas long as short
Reya ETHRUSDPERP+0.0214%1h2,773.8−0.006%$7.4M$1.1M25xas long as short