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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.012%
Price spread now: Reya against Aevo+0.045%7-day average +0.041% · 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 3 days (all we have)+0.054%+$5 on $10k
Price spread, last 3 days (all we have)+0.066%+$7 · spread now +0.045%, 7d avg +0.041%
Together, before fees+0.120%+ Points / potential airdropReya: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,766.10.0048pay 0.0006% / 1h45m 16s$5.0M$636K20x
ShortReya ETHRUSDPERP2,767.40.0190get 0.0024% / 1h45m 16s$7.5M$998K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$29.75
Price spread: +0.045% → +0.041%
$0.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Reya: 3 bp × 2 orders
−$6
Net
$8.12
Costs to cover
0.220%
Break-even
5.1 days
Slippage unknown: Aevo: live order book, 4 min ago; Reya: 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, 4 min ago3.81 bp12.0 bp −$1232.3 bp −$32357.5 bp −$5,749doesn't fit
Sell Reya no order-book sample
Reya: 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%43m2,769+0.105%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,770.7+0.166%$119K$22.5M52xas long as short
ApeX Omni ETHUSDT−0.0095%1h2,771.1+0.180%$10.5M$31.0M100xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.5+0.158%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0072%1h2,768.4+0.082%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,771.3+0.187%$795K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,768.4+0.081%$5.8M$11.9M25xas long as short
dYdX ETH-USD0.0000%1h2,770.7+0.166%$12.9M$45.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,768.9+0.100%$22.4M200xas long as short
Phemex ETHUSDT+0.0019%8h2,769.8+0.133%$266.5M$65.9M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0023%8h2,767.8+0.061%$1.70B$11.83B100xas long as short
Aftermath Perps ETHUSD+0.0024%1h2,772.3+0.222%$29K$21K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,768.9+0.100%$13.1M200xas long as short
Aster ETHUSDT+0.0043%8h2,768+0.068%$255.7M$995.5M200xas long as short
MEXC ETH_USDT+0.0044%8h2,768.1+0.071%$1.59B$2.63B500xas long as short
Binance ETHUSDT+0.0045%8h2,768.1+0.070%$6.43B$17.18B150xas long as short
Aevo ETH-PERPlong+0.0048%1h2,766.1long leg$5.0M$636K20x
Gate ETH_USDT+0.0059%8h2,768.1+0.072%$3.29B$9.56B200xas long as short
Bitget ETHUSDT+0.0074%8h2,768+0.067%$2.09B$3.13B150xas long as short
Bullet ETH-USD+0.0079%1h2,768.1+0.070%$186K$1.8M20xas long as short
Variational Omni ETH+0.0092%8h2,771.1+0.179%$141.1M$318.8Mas long as short
SoDEX ETH-USD+0.0094%1h2,768+0.068%$55.1M$228.6M40xas long as short
Lighter ETH+0.0096%1h2,769.6+0.124%$115.1M$509.1M50xas long as short
Lighter RH ETH+0.0096%1h2,771.4+0.192%$25.3M$121.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,769+0.104%$41.9M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,768.1+0.071%$15.9M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,768.9+0.100%$481K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,768.1+0.071%$16.0M$114.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.9+0.173%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,769.3+0.116%$31.3M$283.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,767.9+0.063%$2.50B$4.63B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,768.2+0.075%$2.9M$16.5M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.4+0.154%$2.8M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8+0.170%$164.5M$255.4M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,768.2+0.076%$424.5M$742.5M100xas long as short
BingX ETH-USDC+0.0100%8h2,768+0.067%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.1+0.144%$15.4M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,771.4+0.192%$178.2M$790.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.7+0.202%$161.2M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,770.4+0.155%$21.4M$57.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,769.5+0.123%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.6+0.126%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.3+0.115%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,770.5+0.159%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,767.2+0.040%$971K$14.3M100xas long as short
HTX ETH-USDT+0.0100%8h2,769.5+0.121%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,767.6+0.053%$31.5M$76.1M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,769.6+0.126%$60.0M$4.63B50xas long as short
Kalshi KXETHPERP+0.0120%8h2,772+0.213%$8.6M$670.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0129%8h2,771+0.177%$32.5M$11.8M100xas long as short
Deribit ETH-PERPETUAL+0.0144%1h2,770+0.141%$259.0M$223.3M50xas long as short
BloFin ETH-USDT+0.0164%8h2,771.7+0.201%$287.0M$195.7M150xas long as short
Reya ETHRUSDPERPshort+0.0190%1h2,767.4+0.045%$7.5M$998K25x
Kraken Futures PF_ETHUSD+0.0241%1h2,769.3+0.115%$88.4M$329.9M100xas long as short
Hibachi ETH/USDT-P+0.0392%1h2,772.4+0.226%$273K$1.5M20xas long as short