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Funding arb · Price arb /

ETH

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.032%
Price spread now: StandX against BloFin−0.040%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Long on BloFinShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.133%−$13 on $10k
Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.040%, 7d avg +0.012%
Together, before fees−0.035%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and StandX is 0.051% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETH-USDT2,783.70.0182pay 0.0182% / 8h55m 16s$285.4M$195.1M150x
ShortStandX ETH-USD2,782.60.0100get 0.0013% / 1h55m 16s$21.5M$58.3M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against BloFin. 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
−$17.23
Price spread: −0.040% → +0.012%
−$5.14
Slippage, 4 orders
−$3.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$46.33
Costs to cover
0.240%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; StandX: 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 BloFin live order book, 4 min ago0.02 bp6.0 bp −$66.0 bp −$607.1 bp −$7119.3 bp −$4,641
Sell StandX live order book, 4 min ago1.26 bp6.3 bp −$68.2 bp −$8211.6 bp −$1,162doesn'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%43m2,784+0.012%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,783.1−0.022%$5.7M$11.9M25xas long as short
ApeX Omni ETHUSDT−0.0131%1h2,779.8−0.140%$8.8M$32.7M100xas long as short
Injective ETH/USDC PERP−0.0088%1h2,782.5−0.043%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,783.3−0.015%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,783.8+0.003%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,779.5−0.150%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,784.4+0.025%$12.8M$45.9M50xas long as short
Phoenix ETH0.0000%1h2,778.7−0.180%$881K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,784.5+0.027%$22.5M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0015%8h2,783.8+0.005%—$1.21B—as long as short
OKX ETH-USDT-SWAP+0.0019%8h2,783.8+0.001%$1.70B$11.91B100xas long as short
Phemex ETHUSDT+0.0023%8h2,783.8+0.003%$271.2M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,784.4+0.025%$12.9M—200xas long as short
Aster ETHUSDT+0.0036%8h2,783.6−0.005%$255.2M$998.3M200xas long as short
Deribit ETH-PERPETUAL+0.0052%1h2,784.8+0.038%$258.8M$222.5M50xas long as short
Bullet ETH-USD+0.0057%1h2,783.7+0.001%$182K$1.7M20xas long as short
MEXC ETH_USDT+0.0062%8h2,783.4−0.012%$1.60B$2.62B500xas long as short
Binance ETHUSDT+0.0062%8h2,783.8+0.004%$6.46B$17.25B150xas long as short
Aevo ETH-PERP+0.0064%1h2,782.1−0.057%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,783.6−0.004%$2.11B$3.10B150xas long as short
Nado ETH-PERP+0.0065%1h2,783.4−0.010%$14.4M$118.2M50xas long as short
Gate ETH_USDT+0.0071%8h2,783.7+0.001%$3.31B$9.56B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,784.4+0.023%$60.3M$4.62B50xas long as short
HTX ETH-USDT+0.0089%8h2,783.1−0.022%$1.08B$1.32B200xas long as short
Bybit ETHUSDT+0.0090%8h2,783.9+0.008%$2.52B$4.62B150xas long as short
KuCoin ETHUSDTM+0.0091%8h2,783.4−0.010%$424.2M$739.3M100xas long as short
Vest ETH-PERP+0.0095%1h2,783.6−0.005%—$1.1M50xas long as short
Lighter ETH+0.0096%1h2,783.8+0.002%$116.4M$494.7M50xas long as short
Lighter RH ETH+0.0096%1h2,784.3+0.023%$25.4M$120.5M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,783.3−0.016%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,782.9−0.029%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,785.5+0.064%$3.20B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,783.1−0.021%$31.3M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,781.6−0.076%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,784.5+0.028%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9−0.207%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,783.3−0.014%$15.1M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.4−0.082%$147.6M$336.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,779−0.168%$181.9M$779.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,780.8−0.105%$161.7M$90.3M50xas long as short
StandX ETH-USDshort+0.0100%1h2,782.6−0.040%$21.5M$58.3M40x
Polymarket Perps ETH-USD+0.0100%1h2,784.7+0.036%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,784+0.009%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,785.7+0.072%$42.9M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,783.1−0.024%$976K$13.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,783.1−0.022%$55.4M$229.0M40xas long as short
Extended ETH-USD+0.0104%1h2,782.7−0.036%$32.7M$77.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,784.1+0.015%—$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0122%1h2,784.3+0.020%$86.8M$332.7M100xas long as short
Kalshi KXETHPERP+0.0124%8h2,782.6−0.040%$8.4M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,786.5+0.099%$32.7M$12.0M100xas long as short
BloFin ETH-USDTlong+0.0182%8h2,783.7long leg$285.4M$195.1M150x
Reya ETHRUSDPERP+0.0197%1h2,783.3−0.015%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0296%1h2,781.9−0.066%$271K$1.5M20xas long as short