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 22:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h −0.008%
Price spread now: OKX against 01 Exchange−0.031%7-day average −0.033% · 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−$26as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Long on 01 ExchangeShort on OKX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.031%, 7d avg −0.033%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,771.4−0.0048get 0.0006% / 1h11m 51s$171K$1.2M50x
ShortOKX ETH-USDT-SWAP2,770.50.0022get 0.0022% / 8h2h 11m$1.71B$11.90B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$14.71
Price spread: −0.031% → −0.033%
$0.11
Slippage, 4 orders
−$9.08
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
−$11.26
Costs to cover
0.261%
Break-even
12.4 days
Slippage from 01 Exchange: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago0.18 bp10.5 bp −$1019.9 bp −$199doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.02 bp5.0 bp −$55.2 bp −$525.9 bp −$5947.8 bp −$3,919

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
Perpl ETH−0.0112%43m2,770.9−0.017%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.173%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,772.2+0.029%$5K$2K50xas long as short
01 Exchange ETHUSDlong−0.0048%1h2,771.4long leg$171K$1.2M50x
Phoenix ETH−0.0023%1h2,775.9+0.162%$886K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,771.3−0.003%$5.8M$11.7M25xas long as short
dYdX ETH-USD0.0000%1h2,773.3+0.068%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0003%1h2,775.9+0.163%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,771.40.000%$22.4M—200xas long as short
Deribit ETH-PERPETUAL+0.0021%1h2,772.1+0.026%$258.5M$225.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAPshort+0.0022%8h2,770.5−0.031%$1.71B$11.90B100x
Phemex ETHUSDT+0.0025%8h2,770.7−0.027%$266.9M$66.1M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,771.3−0.002%$13.2M—200xas long as short
Aster ETHUSDT+0.0036%8h2,770.4−0.035%$256.2M$995.6M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,775.9+0.161%$8.8M$32.7M100xas long as short
Aevo ETH-PERP+0.0048%1h2,768.6−0.101%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0051%8h2,770.3−0.039%$1.59B$2.69B500xas long as short
Binance ETHUSDT+0.0051%8h2,770.2−0.043%$6.44B$17.23B150xas long as short
Gate ETH_USDT+0.0075%8h2,770.6−0.030%$3.28B$9.69B200xas long as short
Bitget ETHUSDT+0.0076%8h2,770.2−0.042%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,770.7−0.026%$183K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,771.2−0.008%$114.7M$515.2M50xas long as short
Lighter RH ETH+0.0096%1h2,772.4+0.035%$25.4M$123.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,773.1+0.062%—$41.7M500xas long as short
Variational Omni ETH+0.0098%8h2,776.8+0.196%$141.1M$320.7M—as long as short
HTX ETH-USDT+0.0100%8h2,770.5−0.031%$1.08B$1.32B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,771.2−0.007%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.5+0.004%$486K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,771.5+0.003%$15.2M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,773.1+0.061%$3.19B$2.40B25xas long as short
Pacifica ETH+0.0100%1h2,772.1+0.025%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.4−0.037%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.5−0.032%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,773.3+0.067%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1+0.241%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,770.4−0.036%$421.9M$742.2M100xas long as short
BingX ETH-USDC+0.0100%8h2,770.2−0.042%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.6−0.030%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,776.1+0.169%$179.9M$795.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,779.2+0.282%$161.6M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,775.5+0.148%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,772.5+0.039%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,772.3+0.032%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.9+0.017%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.9+0.056%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,770−0.051%$971K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,770.5−0.032%$55.2M$228.6M40xas long as short
Extended ETH-USD+0.0104%1h2,769.9−0.055%$31.4M$75.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,771.9+0.019%$59.9M$4.62B50xas long as short
Kalshi KXETHPERP+0.0120%8h2,772.4+0.036%$8.5M$674.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,773.2+0.066%$32.5M$12.0M100xas long as short
BloFin ETH-USDT+0.0171%8h2,772.3+0.031%$285.5M$195.7M150xas long as short
Reya ETHRUSDPERP+0.0184%1h2,771−0.013%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,771.7+0.012%$86.8M$330.8M100xas long as short
Hibachi ETH/USDT-P+0.0456%1h2,774.7+0.120%$280K$1.5M20xas long as short