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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: StandX against ApeX Omni−0.010%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 7 days+0.012%+$1 · spread now −0.010%, 7d avg +0.014%
Together, before fees+0.185%+ Points / potential airdropStandX: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.024% cheaper against ApeX Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,768.20.0098pay 0.0012% / 1h17m 10s$8.7M$32.1M100x
ShortStandX ETH-USD2,767.90.0100get 0.0013% / 1h17m 10s$21.4M$64.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against ApeX Omni. 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
$0.4
Price spread: −0.010% → +0.014%
−$2.43
Slippage, 4 orders
−$6.33
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$26.36
Costs to cover
0.243%
Break-even
464.6 days
Slippage from ApeX Omni: 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 ApeX Omni live order book, 2 min ago0.65 bp6.3 bp −$66.7 bp −$6717.9 bp −$1,78654.0 bp −$27.0K
Sell StandX live order book, 2 min ago1.81 bp5.8 bp −$68.0 bp −$8014.9 bp −$1,490doesn'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
Injective ETH/USDC PERP−0.0752%1h2,765.8−0.086%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,768−0.007%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,767.3−0.033%$340K$6.3M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,768.1−0.003%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,768.20.000%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.138%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,768.3+0.005%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,767.2−0.036%$22.3M200xas long as short
Bullet ETH-USD+0.0018%1h2,766−0.079%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,769.1+0.033%$1.70B$11.15B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0030%1h2,767−0.043%$55.1M$188.0M40xas long as short
Aster ETHUSDT+0.0043%8h2,767.6−0.020%$256.3M$885.8M200xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,766.6−0.056%$12.7M200xas long as short
Aevo ETH-PERP+0.0056%1h2,765.3−0.104%$5.0M$165K20xas long as short
MEXC ETH_USDT+0.0057%8h2,767.9−0.009%$1.61B$2.65B500xas long as short
Binance ETHUSDT+0.0058%8h2,769+0.028%$6.48B$16.25B150xas long as short
Gate ETH_USDT+0.0062%8h2,768.3+0.003%$3.38B$9.06B200xas long as short
Bitget ETHUSDT+0.0076%8h2,768.3+0.003%$2.10B$2.87B150xas long as short
Aftermath Perps ETHUSD+0.0078%1h2,769.6+0.052%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,768.7+0.017%$60.3M$4.42B50xas long as short
Vest ETH-PERP+0.0081%1h2,767.8−0.014%$876K50xas long as short
Phemex ETHUSDT+0.0082%8h2,767.2−0.036%$269.3M$67.3M150xas long as short
HTX ETH-USDT+0.0084%8h2,766.2−0.072%$1.07B$1.24B200xas long as short
KuCoin ETHUSDTM+0.0086%8h2,768−0.008%$420.5M$604.4M100xas long as short
Lighter ETH+0.0096%1h2,767.4−0.028%$114.9M$459.0M50xas long as short
Lighter RH ETH+0.0096%1h2,768.9+0.024%$25.5M$111.8M50xas long as short
ApeX Omni ETHUSDTlong+0.0098%1h2,768.2long leg$8.7M$32.1M100x
Paradex ETH-USD-PERP+0.0099%8h2,770.6+0.087%$15.9M$8.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,768−0.007%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,768−0.007%$14.6M$113.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.4+0.080%$3.16B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,768.1−0.003%$31.2M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.6+0.051%$2.51B$4.32B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,766.9−0.047%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,768.7+0.017%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.168%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,767.8−0.016%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,767.8−0.016%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.013%$137.0M$344.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.1−0.003%$181.7M$785.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.8+0.021%$161.1M$85.1M50xas long as short
StandX ETH-USDshort+0.0100%1h2,767.9−0.010%$21.4M$64.0M40x
Polymarket Perps ETH-USD+0.0100%1h2,767.6−0.021%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,767.4−0.027%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,768.5+0.013%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,767−0.044%$971K$13.0M100xas long as short
Extended ETH-USD+0.0104%1h2,766.2−0.070%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,767.5−0.027%$36.2M500xas long as short
Kalshi KXETHPERP+0.0109%8h2,768.6+0.015%$8.1M$677.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,768.5+0.012%$97.8M$320.5M100xas long as short
Orderly PERP_ETH_USDC+0.0155%8h2,769.2+0.035%$32.6M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0158%1h2,768.6+0.016%$259.1M$203.2M50xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,766.5−0.061%$252K$1.5M20xas long as short
BloFin ETH-USDT+0.0178%8h2,767.2−0.036%$287.6M$178.6M150xas long as short
Reya ETHRUSDPERP+0.0213%1h2,766.8−0.049%$7.3M$1.1M25xas long as short