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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h +0.002%
Price spread now: RISEx against Aster+0.015%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.150% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.030%+$3 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.015%, 7d avg +0.002%
Together, before fees+0.029%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,772.40.0031pay 0.0031% / 8h1h 50m$256.4M$992.8M200x
ShortRISEx ETH/USDC2,772.8−0.0085pay 0.0011% / 1h50m 31s$5.7M$12.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$24.39
Price spread: +0.015% → +0.002%
$1.32
Slippage, 4 orders
−$0.95
Fee Aster: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$38.02
Costs to cover
0.150%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; RISEx: 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 bp4.0 bp −$44.3 bp −$436.0 bp −$60110.3 bp −$5,163
Sell RISEx live order book, 4 min ago0.02 bp3.6 bp −$45.2 bp −$52doesn't fitdoesn'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%43m2,772.4−0.001%$289K$6.9M8.3xas long as short
RISEx ETH/USDCshort−0.0085%1h2,772.8+0.015%$5.7M$12.1M25x
Hotstuff ETH-PERP−0.0080%1h2,773.1+0.025%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,773.3+0.032%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,772.6+0.007%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0001%1h2,772.3−0.004%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,772.8+0.014%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,772−0.015%$884K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772.3−0.005%$22.4M200xas long as short
BingX ETH-USDC+0.0018%8h2,772.3−0.003%$17.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,771.6−0.030%$1.71B$11.83B100xas long as short
Phemex ETHUSDT+0.0023%8h2,770.8−0.060%$266.9M$65.7M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,772.2−0.009%$13.2M200xas long as short
Aster ETHUSDTlong+0.0031%8h2,772.4long leg$256.4M$992.8M200x
Nado ETH-PERP+0.0034%1h2,772.8+0.013%$14.3M$118.5M50xas long as short
Bullet ETH-USD+0.0039%1h2,771−0.052%$182K$1.8M20xas long as short
Binance ETHUSDT+0.0053%8h2,772.5+0.004%$6.44B$17.16B150xas long as short
MEXC ETH_USDT+0.0053%8h2,772.9+0.019%$1.61B$2.64B500xas long as short
Hibachi ETH/USDT-P+0.0056%1h2,773.3+0.033%$287K$1.5M20xas long as short
Aevo ETH-PERP+0.0056%1h2,769.7−0.098%$5.0M$636K20xas long as short
SoDEX ETH-USD+0.0067%1h2,770.7−0.062%$55.2M$228.6M40xas long as short
Bitget ETHUSDT+0.0073%8h2,772.1−0.010%$2.10B$3.11B150xas long as short
Gate ETH_USDT+0.0083%8h2,772.7+0.011%$3.29B$9.54B200xas long as short
Deribit ETH-PERPETUAL+0.0086%1h2,772.2−0.007%$258.4M$224.4M50xas long as short
Lighter ETH+0.0096%1h2,773.4+0.034%$115.0M$495.9M50xas long as short
Lighter RH ETH+0.0096%1h2,774.8+0.088%$25.4M$120.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,772.2−0.008%$41.7M500xas long as short
HTX ETH-USDT+0.0097%8h2,770.3−0.078%$1.08B$1.32B200xas long as short
Variational Omni ETH+0.0098%8h2,772.1−0.009%$135.2M$326.5Mas long as short
Paradex ETH-USD-PERP+0.0100%8h2,772.5+0.003%$15.9M$10.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773+0.021%$481K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,774.3+0.068%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,773.3+0.033%$31.2M$293.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,771.9−0.019%$2.51B$4.61B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.6+0.007%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,774.7+0.082%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6−0.065%$166.0M$246.3M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,773+0.020%$424.1M$738.6M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.3−0.039%$15.2M$44.0M50xas long as short
edgeX ETHUSDC+0.0100%4h2,772.5+0.004%$179.7M$779.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.1+0.134%$161.5M$95.8M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,771.8−0.023%$8.7M$32.7M100xas long as short
StandX ETH-USD+0.0100%1h2,772−0.015%$21.4M$57.9M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.4+0.036%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772−0.013%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,773.3+0.031%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.4−0.071%$970K$14.0M100xas long as short
Vest ETH-PERP+0.0100%1h2,772.6+0.006%$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,772.1−0.012%$31.4M$75.1M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,772−0.015%$59.9M$4.60B50xas long as short
Kalshi KXETHPERP+0.0108%8h2,772.1−0.011%$8.5M$673.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0138%8h2,773.7+0.045%$32.5M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,771.7−0.024%$86.1M$330.7M100xas long as short
BloFin ETH-USDT+0.0173%8h2,771−0.050%$285.0M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0188%1h2,771.9−0.020%$7.4M$1.1M25xas long as short