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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%
Price spread now: Ondo Perps against Aevo+0.104%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.104%, 7d avg +0.042%
Together, before fees+0.037%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.063% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,771.40.0064pay 0.0008% / 1h32m 09s$5.0M$636K20x
ShortOndo Perps ETH-USD.P2,774.30.0100get 0.0013% / 1h32m 09s$2.8M$17.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
$7.56
Price spread: +0.104% → +0.042%
$6.29
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.15
Costs to cover
0.210%
Break-even
13.6 days
Slippage unknown: Aevo: live order book, 2 min ago; Ondo Perps: 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 Aevo live order book, 2 min ago4.26 bp12.4 bp −$1230.5 bp −$30568.4 bp −$6,838doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Perpl ETH−0.0447%43m2,774.3+0.103%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,774.9+0.126%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.379%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,774.5+0.112%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0049%1h2,775.4+0.143%$8.9M$32.8M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,775.2+0.137%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,774.6+0.117%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,778.6+0.260%$879K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,775.3+0.142%$22.4M200xas long as short
Aftermath Perps ETHUSD+0.0011%1h2,777.2+0.208%$29K$22K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0016%8h2,773.7+0.083%$1.21Bas long as short
OKX ETH-USDT-SWAP+0.0020%8h2,773.7+0.082%$1.70B$11.87B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,775.2+0.137%$12.9M200xas long as short
Phemex ETHUSDT+0.0031%8h2,774.5+0.111%$270.5M$69.0M150xas long as short
Aster ETHUSDT+0.0034%8h2,773.8+0.088%$256.5M$1.00B200xas long as short
Bullet ETH-USD+0.0048%1h2,774.4+0.110%$182K$1.7M20xas long as short
SoDEX ETH-USD+0.0048%1h2,773.5+0.076%$55.2M$229.1M40xas long as short
MEXC ETH_USDT+0.0061%8h2,773.6+0.080%$1.60B$2.64B500xas long as short
Binance ETHUSDT+0.0062%8h2,773.9+0.089%$6.45B$17.28B150xas long as short
Aevo ETH-PERPlong+0.0064%1h2,771.4long leg$5.0M$636K20x
Bitget ETHUSDT+0.0067%8h2,773.8+0.086%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,774.7+0.118%$3.29B$9.64B200xas long as short
Deribit ETH-PERPETUAL+0.0078%1h2,775.3+0.140%$259.0M$222.2M50xas long as short
KuCoin ETHUSDTM+0.0087%8h2,774.8+0.122%$421.7M$739.2M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,775+0.130%$60.0M$4.60B50xas long as short
Bybit ETHUSDT+0.0091%8h2,773.8+0.085%$2.51B$4.62B150xas long as short
Vest ETH-PERP+0.0095%1h2,775.1+0.132%$1.1M50xas long as short
HTX ETH-USDT+0.0095%8h2,774+0.094%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,774.4+0.108%$116.0M$497.6M50xas long as short
Lighter RH ETH+0.0096%1h2,775.8+0.157%$25.3M$121.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,774.8+0.124%$42.0M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,773.8+0.088%$15.9M$10.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,774.7+0.119%$478K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,774.8+0.123%$14.4M$118.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,776.9+0.198%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,775.1+0.133%$31.2M$310.5M50xas long as short
Ondo Perps ETH-USD.Pshort+0.0100%1h2,774.3+0.104%$2.8M$17.2M25x
Arcus ETH-USD+0.0100%1h2,775.9+0.163%$2.8M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.234%$167.7M$256.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774+0.094%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,775.8+0.157%$147.4M$335.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.7+0.192%$182.3M$783.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5+0.184%$161.4M$89.5M50xas long as short
StandX ETH-USD+0.0100%1h2,775.4+0.144%$21.5M$58.6M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,775.2+0.137%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,775.1+0.133%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,776.4+0.180%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,774.3+0.103%$972K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,773.6+0.080%$32.7M$78.0M50xas long as short
Kalshi KXETHPERP+0.0117%8h2,775.2+0.137%$8.3M$684.9M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,774.7+0.119%$86.5M$333.5M100xas long as short
Orderly PERP_ETH_USDC+0.0140%8h2,777+0.203%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0182%8h2,774+0.093%$286.4M$194.2M150xas long as short
Reya ETHRUSDPERP+0.0201%1h2,774.6+0.114%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,775.4+0.143%$252K$1.6M20xas long as short