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Funding arb · Price arb /

ETH

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Alert: spread
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Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: StandX against Coinbase International+0.069%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Long on Coinbase InternationalShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.069%, 7d avg −0.020%
Together, before fees−0.021%+ Points / potential airdropStandX: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.089% dearer against Coinbase International than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ETH-PERP-INTX2,764.60.0104pay 0.0013% / 1h39m 10s$60.0M$4.62B50x
ShortStandX ETH-USD2,766.50.0100get 0.0013% / 1h39m 10s$21.4M$57.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Coinbase International. 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
−$0.84
Price spread: +0.069% → −0.020%
$8.92
Slippage, 4 orders
−$3.24
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$13.16
Costs to cover
0.212%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; StandX: 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 Coinbase International live order book, 5 min ago0.02 bp5.0 bp −$55.2 bp −$527.5 bp −$75219.7 bp −$9,835
Sell StandX live order book, 5 min ago1.08 bp5.4 bp −$57.2 bp −$7212.0 bp −$1,199doesn'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−0.0112%43m2,764.5−0.005%$288K$6.8M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,766.1+0.054%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,766.1+0.054%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0072%1h2,765.2+0.023%$10.4M$30.9M100xas long as short
01 Exchange ETHUSD−0.0064%1h2,763.3−0.047%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,766.8+0.080%$794K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,763.2−0.049%$5.8M$11.9M25xas long as short
dYdX ETH-USD0.0000%1h2,765.9+0.047%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,764.2−0.015%$22.3M—200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,762.6−0.073%$1.70B$11.81B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ETHUSD+0.0023%1h2,768.6+0.143%$29K$21K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,764.1−0.017%$13.0M—200xas long as short
Phemex ETHUSDT+0.0030%8h2,763.3−0.046%$265.9M$66.0M150xas long as short
Aster ETHUSDT+0.0039%8h2,762.9−0.063%$255.4M$995.8M200xas long as short
MEXC ETH_USDT+0.0044%8h2,762.9−0.060%$1.61B$2.64B500xas long as short
Binance ETHUSDT+0.0045%8h2,762.9−0.061%$6.42B$17.19B150xas long as short
Aevo ETH-PERP+0.0048%1h2,761.3−0.120%$5.0M$636K20xas long as short
Gate ETH_USDT+0.0062%8h2,763−0.058%$3.29B$9.59B200xas long as short
Deribit ETH-PERPETUAL+0.0068%1h2,764.9+0.010%$258.4M$224.4M50xas long as short
Bitget ETHUSDT+0.0074%8h2,762.8−0.065%$2.09B$3.13B150xas long as short
Bullet ETH-USD+0.0085%1h2,763.3−0.046%$183K$1.8M20xas long as short
Variational Omni ETH+0.0091%8h2,765.4+0.028%$140.3M$319.1M—as long as short
Lighter ETH+0.0096%1h2,763.5−0.039%$115.2M$510.8M50xas long as short
Lighter RH ETH+0.0096%1h2,764.9+0.010%$25.3M$122.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,763.9−0.025%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,763.6−0.035%$15.9M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,763.5−0.040%$479K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,763.5−0.038%$14.8M$116.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,765.7+0.040%$3.18B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,764.60.000%$31.1M$285.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,762.7−0.067%$2.50B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,764.60.000%$2.8M$16.5M25xas long as short
Arcus ETH-USD+0.0100%1h2,765.4+0.028%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,765.5+0.034%$164.9M$254.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,763.4−0.044%$424.0M$742.7M100xas long as short
BingX ETH-USDC+0.0100%8h2,762.8−0.066%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,763.3−0.048%$15.3M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,765.4+0.029%$177.8M$790.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,765.7+0.040%$160.8M$97.4M50xas long as short
StandX ETH-USDshort+0.0100%1h2,766.5+0.069%$21.4M$57.7M40x
Polymarket Perps ETH-USD+0.0100%1h2,764.8+0.007%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,764.4−0.008%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,765.8+0.044%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,764.6−0.001%$969K$14.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,763−0.058%$55.0M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,762.9−0.061%$1.07B$1.32B200xas long as short
Vest ETH-PERP+0.0100%1h2,764.7+0.005%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,762.9−0.063%$31.4M$76.2M50xas long as short
Coinbase International ETH-PERP-INTXlong+0.0104%1h2,764.6long leg$60.0M$4.62B50x
Kalshi KXETHPERP+0.0117%8h2,764.7+0.004%$8.6M$672.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0131%8h2,766.1+0.055%$32.5M$11.9M100xas long as short
BloFin ETH-USDT+0.0165%8h2,763.1−0.054%$285.6M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0187%1h2,762.4−0.079%$7.4M$986K25xas long as short
Kraken Futures PF_ETHUSD+0.0241%1h2,764.3−0.012%$88.2M$330.2M100xas long as short
Hibachi ETH/USDT-P+0.0416%1h2,767.9+0.120%$272K$1.5M20xas long as short