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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.004%
Price spread now: Aster against Bullet+0.001%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.028%+$3 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.001%, 7d avg −0.006%
Together, before fees+0.021%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ETH-USD2,730.60.0100pay 0.0013% / 1h43m 27s$184K$1.7M20x
ShortAster ETHUSDT2,730.60.0082get 0.0082% / 8h43m 27s$252.9M$849.3M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$3.88
Price spread: +0.001% → −0.006%
$0.68
Slippage, 4 orders
−$3.66
Fee Bullet: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$22.86
Costs to cover
0.197%
Break-even
never at this rate
Slippage from Bullet: live order book, 1 min ago; Aster: live order book, 6 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 Bullet live order book, 1 min ago0.55 bp4.8 bp −$57.9 bp −$79doesn't fitdoesn't fit
Sell Aster live order book, 6 min ago0.02 bp4.0 bp −$44.1 bp −$414.8 bp −$48410.2 bp −$5,102

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
BloFin ETH-USDT−0.0175%8h2,731.1+0.020%$281.2M$177.9M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,732.1+0.057%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,733.5+0.108%$811K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,730.9+0.014%$11.9M200xas long as short
dYdX ETH-USD0.0000%1h2,731.3+0.029%$10.5M$42.6M50xas long as short
Kalshi KXETHPERP0.0000%8h2,732.2+0.060%$6.3M$680.6M4.9xas long as short
Perpl ETH0.0000%43m2,730.3−0.009%$286K$5.7M8.3xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,732.8+0.081%$262.4M$211.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,732.8+0.081%$33.0M200xas long as short
BingX ETH-USDC+0.0019%8h2,729.8−0.029%$18.6Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0024%8h2,729.8−0.026%$2.33B$4.36B150xas long as short
HTX ETH-USDT+0.0029%8h2,731.3+0.027%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,731.7+0.042%$191K$889K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,732.8+0.082%$117K$20.2M52xas long as short
ApeX Omni ETHUSDT+0.0057%1h2,731.2+0.025%$8.6M$31.6M100xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,732.1+0.057%$82.0M$309.2M100xas long as short
KuCoin ETHUSDTM+0.0072%8h2,730.9+0.011%$384.9M$576.9M100xas long as short
Hibachi ETH/USDT-P+0.0072%1h2,733.1+0.093%$242K$1.4M20xas long as short
OKX ETH-USDT-SWAP+0.0075%8h2,729.8−0.027%$1.65B$10.85B100xas long as short
Aster ETHUSDTshort+0.0082%8h2,730.6+0.001%$252.9M$849.3M200x
MEXC ETH_USDT+0.0094%8h2,731+0.015%$1.56B$2.56B500xas long as short
Binance ETHUSDT+0.0094%8h2,730.4−0.007%$6.32B$16.14B150xas long as short
Lighter ETH+0.0096%1h2,731.7+0.041%$112.6M$429.4M50xas long as short
Lighter RH ETH+0.0096%1h2,732.7+0.077%$23.5M$102.0M50xas long as short
Aevo ETH-PERP+0.0096%1h2,730−0.019%$4.9M$181K20xas long as short
Phemex ETHUSDT+0.0099%8h2,731.8+0.045%$263.3M$64.5M150xas long as short
Katana Perps ETH-USD+0.0100%8h2,730.5−0.002%$499K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,735.2+0.169%$15.4M$7.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,730.7+0.004%$14.0M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,733.6+0.112%$3.11B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,732+0.054%$32.1M$333.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,730.1−0.016%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,731.8+0.045%$1.5M$15.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,729.5−0.038%$162.7M$356.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,730.9+0.013%$3.31B$8.86B200xas long as short
Bitget ETHUSDT+0.0100%8h2,730.9+0.011%$2.10B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,731+0.016%$15.0M$41.2M50xas long as short
Variational Omni ETH+0.0100%8h2,731.6+0.040%$134.1M$318.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,731.7+0.043%$185.7M$684.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,732+0.054%$158.8M$83.6M50xas long as short
StandX ETH-USD+0.0100%1h2,732.2+0.060%$21.0M$70.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,732.7+0.080%$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,732.1+0.057%$11.2M$9.4M50xas long as short
Bullet ETH-USDlong+0.0100%1h2,730.6long leg$184K$1.7M20x
Bluefin ETH-PERP+0.0100%1h2,730.6+0.003%$22K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,732.6+0.074%$40.9M$30.1M15xas long as short
SunX ETH-USDT+0.0100%8h2,730.8+0.009%$957K$10.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,731.4+0.031%$54.4M$187.1M40xas long as short
Aftermath Perps ETHUSD+0.0103%1h2,731.8+0.044%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,730.1−0.016%$30.4M$72.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,731.4+0.031%$30.4M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,732.9+0.085%$46.5M$4.30B50xas long as short
RISEx ETH/USDC+0.0114%1h2,731.4+0.030%$5.6M$11.7M25xas long as short
Reya ETHRUSDPERP+0.0183%1h2,730−0.019%$7.3M$975K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h2,732.3+0.064%$32.2M$11.3M100xas long as short