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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: StandX against Aevo+0.166%51s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 3 days (all we have)+0.212%+$21 · spread now +0.166%, 7d avg +0.072%
Together, before fees+0.308%+ Points / potential airdropStandX: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.093% dearer against Aevo than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.072%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,769.30.0048pay 0.0006% / 1h52m 37s$5.0M$636K20x
ShortStandX ETH-USD2,773.90.0100get 0.0013% / 1h52m 37s$21.4M$57.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$10.92
Price spread: +0.166% → +0.072%
$9.33
Slippage, 4 orders
−$27.07
Fee Aevo: 8 bp × 2 orders
−$16
Fee StandX: 4 bp × 2 orders
−$8
Net
−$30.82
Costs to cover
0.511%
Break-even
26.8 days
Slippage from Aevo: live order book, 2 min ago; StandX: 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 Aevo live order book, 2 min ago5.14 bp13.1 bp −$1397.4 bp −$974doesn't fitdoesn't fit
Sell StandX live order book, 2 min ago1.26 bp5.3 bp −$58.1 bp −$8112.8 bp −$1,285doesn't fit

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%43m2,773.7+0.159%$289K$6.9M8.3xas long as short
ApeX Omni ETHUSDT−0.0318%1h2,773.3+0.142%$10.5M$30.9M100xas long as short
Injective ETH/USDC PERP−0.0107%1h2,774.7+0.195%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,772.6+0.119%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0072%1h2,770.8+0.054%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,776.7+0.267%$797K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,771+0.060%$5.8M$12.0M25xas long as short
dYdX ETH-USD0.0000%1h2,773+0.133%$12.9M$45.3M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.4+0.148%$22.4M200xas long as short
BingX ETH-USDC+0.0017%8h2,770.7+0.048%$17.3Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0022%8h2,771.9+0.093%$266.7M$65.9M150xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,770.8+0.054%$1.70B$11.90B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,773.3+0.143%$13.0M200xas long as short
Aftermath Perps ETHUSD+0.0032%1h2,777.8+0.306%$29K$22K20xas long as short
Binance ETHUSDT+0.0044%8h2,770.9+0.056%$6.45B$17.26B150xas long as short
MEXC ETH_USDT+0.0044%8h2,771+0.061%$1.60B$2.62B500xas long as short
Aster ETHUSDT+0.0046%8h2,771.4+0.077%$256.2M$999.1M200xas long as short
Aevo ETH-PERPlong+0.0048%1h2,769.3long leg$5.0M$636K20x
Gate ETH_USDT+0.0056%8h2,771+0.060%$3.29B$9.53B200xas long as short
Deribit ETH-PERPETUAL+0.0060%1h2,773.6+0.155%$258.9M$223.5M50xas long as short
SoDEX ETH-USD+0.0071%1h2,771.7+0.086%$55.2M$228.6M40xas long as short
Bitget ETHUSDT+0.0074%8h2,770.6+0.047%$2.09B$3.14B150xas long as short
Bullet ETH-USD+0.0084%1h2,772.7+0.122%$188K$1.8M20xas long as short
Variational Omni ETH+0.0092%8h2,775.7+0.232%$140.7M$320.1Mas long as short
Lighter ETH+0.0096%1h2,771.5+0.078%$115.2M$507.6M50xas long as short
Lighter RH ETH+0.0096%1h2,773.6+0.154%$25.4M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,774.2+0.175%$42.8M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,772.6+0.119%$15.9M$11.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.6+0.083%$492K$2.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.8+0.054%$16.1M$115.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,774.6+0.191%$3.20B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,771.9+0.094%$31.2M$281.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.8+0.053%$2.51B$4.66B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771.1+0.065%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,773+0.133%$2.8M$17.7M25xas long as short
Bulk ETH-USD+0.0100%1h2,780.5+0.405%$165.0M$263.0M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,771.1+0.065%$426.6M$745.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,772.8+0.125%$15.4M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,774.5+0.187%$177.5M$786.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,777+0.279%$161.5M$98.2M50xas long as short
StandX ETH-USDshort+0.0100%1h2,773.9+0.166%$21.4M$57.5M40x
Polymarket Perps ETH-USD+0.0100%1h2,774.6+0.191%$10.8M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,773+0.132%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.4+0.185%$42.9M$29.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,772.1+0.102%$971K$14.3M100xas long as short
HTX ETH-USDT+0.0100%8h2,771.5+0.081%$1.08B$1.32B200xas long as short
Vest ETH-PERP+0.0100%1h2,774.1+0.172%$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,770.3+0.035%$31.6M$76.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,773.2+0.141%$60.4M$4.66B50xas long as short
Kalshi KXETHPERP+0.0111%8h2,773.9+0.166%$8.6M$671.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0128%8h2,774.6+0.191%$32.6M$11.7M100xas long as short
BloFin ETH-USDT+0.0164%8h2,773.2+0.139%$287.2M$197.4M150xas long as short
Reya ETHRUSDPERP+0.0193%1h2,772.6+0.119%$7.5M$992K25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,773.1+0.138%$88.6M$331.2M100xas long as short
Hibachi ETH/USDT-P+0.0360%1h2,773.8+0.161%$273K$1.5M20xas long as short