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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against Aster+0.011%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$100.105% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days−0.010%−$1 · spread now +0.011%, 7d avg −0.008%
Together, before fees−0.036%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,778.90.0040pay 0.0040% / 8h2h 16m$257.0M$995.5M200x
ShortMEXC ETH_USDT2,779.20.0050get 0.0050% / 8h2h 16m$1.60B$2.68B500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$2.13
Price spread: +0.011% → −0.008%
$1.87
Slippage, 4 orders
−$0.49
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 1 bp × 2 orders
−$2
Net
−$6.49
Costs to cover
0.105%
Break-even
28.3 days
Slippage from Aster: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago0.02 bp4.0 bp −$44.4 bp −$445.7 bp −$57110.0 bp −$5,021
Sell MEXC live order book, 3 min ago0.02 bp1.0 bp −$11.0 bp −$101.2 bp −$1223.6 bp −$1,782

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−0.0112%43m2,777.7−0.041%$290K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6−0.081%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.7−0.006%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,778.3−0.020%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2−0.024%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,777.8−0.037%$5.8M$11.7M25xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,776.1−0.100%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,779.8+0.034%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.7+0.031%$22.5M200xas long as short
Phemex ETHUSDT+0.0013%8h2,779.2+0.012%$267.6M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,778.7−0.006%$1.71B$11.92B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,779.6+0.028%$13.2M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,777.7−0.042%$8.8M$32.6M100xas long as short
Aster ETHUSDTlong+0.0040%8h2,778.9long leg$257.0M$995.5M200x
Aevo ETH-PERP+0.0048%1h2,777.7−0.041%$5.0M$636K20xas long as short
MEXC ETH_USDTshort+0.0050%8h2,779.2+0.011%$1.60B$2.68B500x
Binance ETHUSDT+0.0050%8h2,779.2+0.013%$6.45B$17.22B150xas long as short
Gate ETH_USDT+0.0074%8h2,778.90.000%$3.28B$9.68B200xas long as short
Bitget ETHUSDT+0.0075%8h2,777.6−0.046%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,779+0.005%$184K$1.8M20xas long as short
Variational Omni ETH+0.0096%8h2,776.8−0.075%$141.1M$320.7Mas long as short
Lighter ETH+0.0096%1h2,779.6+0.028%$115.3M$514.7M50xas long as short
Lighter RH ETH+0.0096%1h2,781+0.076%$25.4M$122.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.7+0.031%$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,779.1+0.009%$16.0M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.1−0.027%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.8−0.075%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,781.8+0.106%$3.21B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,779.6+0.027%$31.4M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,778.9+0.001%$2.52B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777−0.067%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,779.6+0.025%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1−0.028%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,779.2+0.010%$423.3M$741.8M100xas long as short
BingX ETH-USDC+0.0100%8h2,778.8−0.003%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,779.6+0.028%$15.4M$42.8M50xas long as short
edgeX ETHUSDC+0.0100%4h2,775.9−0.105%$179.9M$794.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.115%$161.4M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,776.8−0.074%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,778.5−0.013%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.6+0.027%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,779.5+0.022%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.4+0.093%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,778.3−0.019%$974K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,779.1+0.009%$55.3M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,778.6−0.008%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,777−0.067%$31.4M$75.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,780.6+0.064%$60.1M$4.64B50xas long as short
Deribit ETH-PERPETUAL+0.0106%1h2,780.8+0.071%$258.5M$225.1M50xas long as short
Kalshi KXETHPERP+0.0121%8h2,778.6−0.009%$8.6M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0134%8h2,782+0.114%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0170%8h2,778.9+0.002%$284.7M$196.1M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,778.1−0.027%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,780.5+0.059%$86.9M$330.9M100xas long as short
Hibachi ETH/USDT-P+0.0448%1h2,778.4−0.017%$283K$1.5M20xas long as short