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−0.0012%/8h= −1.3% APRnext payment $0.12 per $10,000 · paid last 24h +0.004%
Price spread now: Aster against Binance−0.007%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.183% 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+0.012%+$1 · spread now −0.007%, 7d avg +0.005%
Together, before fees+0.038%+ 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 +0.005%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,775.70.0049pay 0.0049% / 8h2h 18m$6.44B$17.21B150x
ShortAster ETHUSDT2,775.50.0038get 0.0038% / 8h2h 18m$256.7M$995.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$2.42
Price spread: −0.007% → +0.005%
−$1.23
Slippage, 4 orders
−$0.3
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.95
Costs to cover
0.183%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Aster: live order book, 5 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 Binance live order book, 10 min ago0.02 bp5.0 bp −$55.0 bp −$506.0 bp −$6057.8 bp −$3,880
Sell Aster live order book, 5 min ago0.02 bp4.2 bp −$44.8 bp −$486.8 bp −$68412.2 bp −$6,076

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%43m2,776.2+0.016%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6+0.031%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.7+0.035%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0056%1h2,776.3+0.020%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2+0.089%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,776.1+0.013%$5.8M$11.7M25xas long as short
dYdX ETH-USD0.0000%1h2,776.5+0.026%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0002%1h2,775.6−0.004%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776+0.008%$22.4M200xas long as short
Phemex ETHUSDT+0.0012%8h2,776.1+0.012%$267.3M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,775.3−0.015%$1.71B$11.91B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,776+0.009%$13.2M200xas long as short
Aster ETHUSDTshort+0.0038%8h2,775.5−0.007%$256.7M$995.2M200x
ApeX Omni ETHUSDT+0.0040%1h2,777.7+0.070%$8.8M$32.6M100xas long as short
MEXC ETH_USDT+0.0048%8h2,775.70.000%$1.59B$2.68B500xas long as short
Aevo ETH-PERP+0.0048%1h2,775.3−0.016%$5.0M$636K20xas long as short
Binance ETHUSDTlong+0.0049%8h2,775.7long leg$6.44B$17.21B150x
Gate ETH_USDT+0.0073%8h2,775.6−0.007%$3.29B$9.67B200xas long as short
Bitget ETHUSDT+0.0075%8h2,775.5−0.008%$2.10B$3.13B150xas long as short
Deribit ETH-PERPETUAL+0.0081%1h2,777.7+0.071%$258.5M$225.0M50xas long as short
Bullet ETH-USD+0.0082%1h2,775.9+0.006%$184K$1.8M20xas long as short
Variational Omni ETH+0.0096%8h2,776.8+0.037%$141.1M$320.7Mas long as short
Lighter ETH+0.0096%1h2,776.1+0.014%$115.2M$514.5M50xas long as short
Lighter RH ETH+0.0096%1h2,777.4+0.061%$25.4M$122.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,776.1+0.012%$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,775.4−0.011%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.4+0.024%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.3+0.019%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,778.3+0.092%$3.20B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,776.2+0.017%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,775.4−0.012%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,775.3−0.016%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,777.7+0.072%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1+0.085%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,775.8+0.003%$422.8M$742.0M100xas long as short
BingX ETH-USDT+0.0100%8h2,775.5−0.009%$1.18Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.5+0.026%$15.4M$42.8M50xas long as short
edgeX ETHUSDC+0.0100%4h2,777.5+0.064%$178.5M$793.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,777+0.046%$161.6M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,777+0.045%$21.4M$57.7M40xas long as short
Vest ETH-PERP+0.0100%1h2,776.8+0.039%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.4+0.060%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,776.8+0.038%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.4+0.096%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.2−0.019%$973K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,776.1+0.013%$55.3M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,775.7−0.001%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,775.1−0.022%$31.4M$75.9M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.9+0.079%$60.1M$4.63B50xas long as short
Kalshi KXETHPERP+0.0120%8h2,777.2+0.053%$8.5M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0133%8h2,778.8+0.111%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0169%8h2,776.1+0.012%$284.2M$195.8M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,775.9+0.005%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,777.2+0.054%$86.6M$330.7M100xas long as short
Hibachi ETH/USDT-P+0.0440%1h2,778.5+0.101%$283K$1.5M20xas long as short