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+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h −0.010%
Price spread now: HTX against Aster−0.043%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.093%−$9 · spread now −0.043%, 7d avg −0.029%
Together, before fees−0.079%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,776.90.0034pay 0.0034% / 8h1h 54m$256.8M$993.8M200x
ShortHTX ETH-USDT2,775.70.0098get 0.0098% / 8h1h 54m$1.08B$1.32B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$13.32
Price spread: −0.043% → −0.029%
−$1.46
Slippage, 4 orders
−$0.26
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$8.41
Costs to cover
0.203%
Break-even
11.4 days
Slippage from Aster: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago0.02 bp4.1 bp −$44.4 bp −$445.1 bp −$50711.2 bp −$5,595
Sell HTX live order book, 4 min ago0.02 bp6.0 bp −$66.0 bp −$607.9 bp −$79411.8 bp −$5,906

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%43m2,776−0.032%$290K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,775.1−0.066%$5.8M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,775.3−0.058%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,777.3+0.014%$169K$1.2M50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,773.8−0.112%$119K$22.5M52xas long as short
Phoenix ETH−0.0023%1h2,775.6−0.048%$886K$3.7M25xas long as short
Nado ETH-PERP−0.0011%1h2,776.7−0.007%$14.3M$118.9M50xas long as short
dYdX ETH-USD0.0000%1h2,777.2+0.010%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776.9−0.002%$22.4M200xas long as short
Aftermath Perps ETHUSD+0.0008%1h2,772.1−0.173%$29K$22K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi ETH/USDT-P+0.0016%1h2,774.8−0.078%$279K$1.5M20xas long as short
BingX ETH-USDT+0.0018%8h2,776.1−0.028%$1.19Bas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,775.8−0.042%$1.71B$11.89B100xas long as short
Phemex ETHUSDT+0.0024%8h2,776.4−0.021%$267.4M$65.9M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,776.90.000%$13.2M200xas long as short
Aster ETHUSDTlong+0.0034%8h2,776.9long leg$256.8M$993.8M200x
Bullet ETH-USD+0.0049%1h2,776.2−0.026%$183K$1.8M20xas long as short
MEXC ETH_USDT+0.0052%8h2,775.7−0.045%$1.60B$2.63B500xas long as short
Binance ETHUSDT+0.0054%8h2,776.8−0.006%$6.44B$17.20B150xas long as short
Aevo ETH-PERP+0.0056%1h2,776.90.000%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0074%8h2,776−0.033%$2.10B$3.12B150xas long as short
Gate ETH_USDT+0.0080%8h2,776.1−0.030%$3.29B$9.53B200xas long as short
Deribit ETH-PERPETUAL+0.0081%1h2,776.90.000%$258.4M$225.0M50xas long as short
Lighter ETH+0.0096%1h2,777.5+0.022%$115.2M$494.8M50xas long as short
Lighter RH ETH+0.0096%1h2,778.5+0.055%$25.4M$120.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,774.1−0.102%$41.8M500xas long as short
HTX ETH-USDTshort+0.0098%8h2,775.7−0.043%$1.08B$1.32B200x
Variational Omni ETH+0.0098%8h2,772.1−0.172%$135.2M$326.5Mas long as short
Paradex ETH-USD-PERP+0.0100%8h2,775−0.069%$15.9M$10.7M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,775.8−0.040%$482K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,778.5+0.057%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,775.4−0.055%$31.3M$293.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,776.1−0.028%$2.52B$4.63B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,774.3−0.094%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,776.8−0.005%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,771−0.215%$164.2M$249.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,775.7−0.044%$424.5M$740.2M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.8−0.005%$15.2M$44.0M50xas long as short
edgeX ETHUSDC+0.0100%4h2,768.2−0.316%$179.4M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.8−0.221%$161.2M$96.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,767.8−0.327%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,769.7−0.260%$21.4M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,776.2−0.024%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,778.4+0.053%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,776.5−0.015%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,777.6+0.025%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.4−0.053%$972K$14.1M100xas long as short
SoDEX ETH-USD+0.0100%1h2,775.4−0.055%$55.3M$228.6M40xas long as short
Extended ETH-USD+0.0104%1h2,774.9−0.072%$31.5M$75.3M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777+0.003%$60.0M$4.62B50xas long as short
Kalshi KXETHPERP+0.0109%8h2,775.1−0.066%$8.7M$673.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,778.3+0.051%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,776.8−0.003%$86.2M$331.6M100xas long as short
BloFin ETH-USDT+0.0173%8h2,775.7−0.045%$286.5M$195.2M150xas long as short
Reya ETHRUSDPERP+0.0187%1h2,777.1+0.007%$7.4M$1.1M25xas long as short