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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0146%/8h= +16.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against Aster+0.008%72s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.204%+$20 on $10k
Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.008%, 7d avg −0.011%
Together, before fees+0.140%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,769.80.0032pay 0.0032% / 8h12m 04s$255.6M$1.00B200x
ShortBloFin ETH-USDT2,7700.0178get 0.0178% / 8h12m 04s$286.1M$194.7M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$30.61
Price spread: +0.008% → −0.011%
$1.87
Slippage, 4 orders
−$0.65
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.84
Costs to cover
0.206%
Break-even
4.3 days
Slippage from Aster: live order book, 2 min ago; BloFin: live order book, 7 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 Aster live order book, 2 min ago0.02 bp4.0 bp −$44.3 bp −$435.8 bp −$57711.1 bp −$5,563
Sell BloFin live order book, 7 min ago0.04 bp6.0 bp −$66.0 bp −$606.7 bp −$6729.3 bp −$4,641

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−0.0223%43m2,771.4+0.057%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,770.7+0.033%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.278%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.5+0.026%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0022%1h2,771.4+0.058%$8.7M$33.0M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,770.9+0.040%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,772.2+0.088%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.8+0.073%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.8+0.036%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,770.2+0.016%$1.70B$11.88B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,770.9+0.039%$12.8M200xas long as short
Phemex ETHUSDT+0.0029%8h2,770.2+0.014%$270.0M$68.9M150xas long as short
Aftermath Perps ETHUSD+0.0030%1h2,772+0.078%$29K$22K20xas long as short
Aster ETHUSDTlong+0.0032%8h2,769.8long leg$255.6M$1.00B200x
SoDEX ETH-USD+0.0035%1h2,769.3−0.018%$55.1M$228.9M40xas long as short
Bullet ETH-USD+0.0039%1h2,770+0.009%$182K$1.7M20xas long as short
Deribit ETH-PERPETUAL+0.0046%1h2,771+0.042%$259.0M$222.2M50xas long as short
Aevo ETH-PERP+0.0056%1h2,767.8−0.072%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0057%8h2,769.2−0.021%$1.62B$2.66B500xas long as short
Binance ETHUSDT+0.0057%8h2,769.9+0.002%$6.45B$17.30B150xas long as short
Bitget ETHUSDT+0.0065%8h2,769.9+0.004%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0068%8h2,769.5−0.011%$3.29B$9.68B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,769.7−0.002%$420.8M$739.3M100xas long as short
Bybit ETHUSDT+0.0088%8h2,770.3+0.019%$2.50B$4.62B150xas long as short
BingX ETH-USDT+0.0088%8h2,769.7−0.002%$1.24Bas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,771.1+0.047%$60.2M$4.59B50xas long as short
HTX ETH-USDT+0.0094%8h2,770.5+0.027%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,770+0.008%$115.2M$500.4M50xas long as short
Lighter RH ETH+0.0096%1h2,771.5+0.060%$25.3M$121.9M50xas long as short
Vest ETH-PERP+0.0096%1h2,771.1+0.049%$1.1M50xas long as short
Nado ETH-PERP+0.0098%1h2,770.6+0.030%$14.3M$118.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.3+0.020%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.2+0.015%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.2+0.087%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,771.6+0.065%$31.2M$315.2M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.8+0.036%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.7+0.069%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,773+0.114%$170.1M$265.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.7−0.005%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,772.7+0.106%$147.4M$335.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,771.6+0.065%$182.0M$785.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.1+0.049%$161.1M$90.0M50xas long as short
StandX ETH-USD+0.0100%1h2,771.4+0.058%$21.4M$58.5M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.9+0.040%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.7+0.031%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,771+0.043%$972K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,772+0.080%$42.7M$29.4M15xas long as short
Extended ETH-USD+0.0104%1h2,769−0.028%$32.5M$78.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,770.5+0.026%$43.7M500xas long as short
Kalshi KXETHPERP+0.0108%8h2,771+0.044%$8.1M$687.2M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,770.7+0.034%$90.3M$338.3M100xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,772.2+0.088%$32.6M$12.2M100xas long as short
BloFin ETH-USDTshort+0.0178%8h2,770+0.008%$286.1M$194.7M150x
Reya ETHRUSDPERP+0.0204%1h2,770.3+0.018%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,772.1+0.082%$252K$1.6M20xas long as short