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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.028%
Price spread now: Aftermath Perps against Bullet+0.047%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.047% dearer against Bullet than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ETH-USD2,769.70.0021pay 0.0003% / 1h46m 16s$183K$1.7M20x
ShortAftermath Perps ETHUSD2,7710.0043get 0.0005% / 1h46m 16s$31K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bullet. 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
$4.53
Price spread: +0.047% → 0.000%
$4.7
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$7.77
Costs to cover
0.170%
Break-even
19.0 days
Slippage unknown: Bullet: live order book, 3 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bullet live order book, 3 min ago0.18 bp5.4 bp −$58.8 bp −$88doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective ETH/USDC PERP−0.0752%1h2,770.4+0.025%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,770.5+0.027%$5.7M$11.7M25xas long as short
Perpl ETH−0.0112%43m2,770.5+0.029%$285K$6.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,772.5+0.101%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,771.2+0.054%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,771.1+0.051%$878K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771.6+0.069%$12.7M$45.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.9+0.043%$22.4M200xas long as short
Phemex ETHUSDT+0.0010%8h2,770.5+0.029%$269.8M$67.8M150xas long as short
Gate ETH_USDT+0.0020%8h2,770.6+0.032%$3.33B$8.94B200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,770.8+0.040%$1.71B$11.49B100xas long as short
Bullet ETH-USDlong+0.0021%1h2,769.7long leg$183K$1.7M20x
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,770.6+0.033%$12.7M200xas long as short
SoDEX ETH-USD+0.0037%1h2,770.6+0.032%$55.2M$227.8M40xas long as short
Aster ETHUSDT+0.0042%8h2,770.7+0.038%$256.6M$951.0M200xas long as short
Aftermath Perps ETHUSDshort+0.0043%1h2,771+0.047%$31K$23K20x
Aevo ETH-PERP+0.0056%1h2,770.8+0.039%$5.0M$165K20xas long as short
MEXC ETH_USDT+0.0057%8h2,770.7+0.036%$1.62B$2.62B500xas long as short
Binance ETHUSDT+0.0058%8h2,770.7+0.036%$6.47B$16.93B150xas long as short
HTX ETH-USDT+0.0060%8h2,770.4+0.023%$1.08B$1.28B200xas long as short
BingX ETH-USDC+0.0066%8h2,771+0.046%$17.4Mas long as short
Bitget ETHUSDT+0.0068%8h2,770.5+0.029%$2.10B$2.95B150xas long as short
ApeX Omni ETHUSDT+0.0075%1h2,770.1+0.014%$8.7M$32.8M100xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,771.8+0.076%$60.5M$4.53B50xas long as short
KuCoin ETHUSDTM+0.0081%8h2,770.5+0.029%$420.5M$730.3M100xas long as short
Vest ETH-PERP+0.0088%1h2,770.6+0.033%$978K50xas long as short
Lighter ETH+0.0096%1h2,771.1+0.051%$115.2M$456.5M50xas long as short
Lighter RH ETH+0.0096%1h2,772.5+0.099%$25.2M$110.0M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.6+0.031%$15.9M$9.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.1+0.014%$487K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,771.2+0.054%$14.5M$116.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.6+0.106%$3.17B$2.30B25xas long as short
Pacifica ETH+0.0100%1h2,771.8+0.074%$31.2M$322.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,771.1+0.051%$2.51B$4.53B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.9+0.043%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.3+0.058%$2.8M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.9+0.009%$170.3M$272.1M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771+0.047%$15.3M$42.4M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3+0.021%$151.3M$342.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.8−0.032%$181.8M$786.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.2+0.019%$161.1M$86.9M50xas long as short
StandX ETH-USD+0.0100%1h2,770.3+0.022%$21.4M$59.1M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770+0.011%$10.6M$8.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.1+0.052%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.7+0.110%$42.6M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,770+0.009%$971K$13.6M100xas long as short
Kalshi KXETHPERP+0.0103%8h2,772.1+0.087%$8.2M$687.4M4.9xas long as short
Extended ETH-USD+0.0104%1h2,770.2+0.019%$32.5M$73.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.4+0.063%$38.9M500xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,772.2+0.090%$93.3M$326.1M100xas long as short
Deribit ETH-PERPETUAL+0.0147%1h2,772.1+0.086%$259.1M$216.0M50xas long as short
Orderly PERP_ETH_USDC+0.0147%8h2,773.4+0.135%$32.6M$11.7M100xas long as short
Hibachi ETH/USDT-P+0.0168%1h2,772+0.084%$252K$1.5M20xas long as short
BloFin ETH-USDT+0.0178%8h2,771.8+0.077%$287.6M$190.5M150xas long as short
Reya ETHRUSDPERP+0.0208%1h2,769.8+0.002%$7.3M$1.2M25xas long as short