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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: BingX against Extended+0.008%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,778.70.0104pay 0.0013% / 1h17m 12s$31.4M$75.7M50x
ShortBingX ETH-USDT2,778.90.0100get 0.0100% / 8h2h 17m$1.18B

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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: +0.008% → 0.000%
$0.81
Slippage, 4 orders
−$0.6
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$15.63
Costs to cover
0.156%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; BingX: live order book, 7 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 Extended live order book, 2 min ago0.18 bp2.7 bp −$32.7 bp −$273.6 bp −$36511.8 bp −$5,909
Sell BingX live order book, 7 min ago0.04 bp5.0 bp −$55.0 bp −$505.3 bp −$5266.0 bp −$2,975

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%43m2,777.7−0.034%$290K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6−0.074%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.7+0.001%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,778.3−0.013%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2−0.017%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,778.3−0.014%$5.8M$11.7M25xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,776.1−0.093%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.9−0.028%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.7+0.038%$22.5M200xas long as short
Phemex ETHUSDT+0.0013%8h2,779.2+0.019%$267.6M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,778.5−0.007%$1.71B$11.92B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,779.6+0.035%$13.2M200xas long as short
Aster ETHUSDT+0.0038%8h2,778.9+0.007%$257.0M$995.3M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,777.7−0.035%$8.8M$32.6M100xas long as short
Aevo ETH-PERP+0.0048%1h2,777.7−0.034%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0049%8h2,779.4+0.027%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0050%8h2,779.5+0.031%$6.45B$17.22B150xas long as short
Gate ETH_USDT+0.0074%8h2,779+0.013%$3.29B$9.67B200xas long as short
Bitget ETHUSDT+0.0075%8h2,779.1+0.016%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,779+0.012%$184K$1.8M20xas long as short
Variational Omni ETH+0.0096%8h2,776.8−0.068%$141.1M$320.7Mas long as short
Lighter ETH+0.0096%1h2,779.5+0.030%$115.3M$514.6M50xas long as short
Lighter RH ETH+0.0096%1h2,781.1+0.088%$25.4M$122.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.7+0.038%$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,778.1−0.019%$16.0M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.1−0.020%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.8−0.068%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,780.9+0.080%$3.21B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,778.5−0.006%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,778.7+0.002%$2.52B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777−0.060%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,780.1+0.051%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1−0.021%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,779.1+0.016%$423.3M$741.7M100xas long as short
BingX ETH-USDTshort+0.0100%8h2,778.9+0.008%$1.18B
Backpack ETH_USDC_PERP+0.0100%1h2,776.4−0.082%$15.4M$42.8M50xas long as short
edgeX ETHUSDC+0.0100%4h2,775.9−0.098%$179.9M$794.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.108%$161.4M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,776.8−0.067%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,778.5−0.006%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.6+0.034%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,779.5+0.029%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.4+0.100%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,778.3−0.012%$974K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,779.1+0.016%$55.3M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,778.6−0.001%$1.08B$1.32B200xas long as short
Extended ETH-USDlong+0.0104%1h2,778.7long leg$31.4M$75.7M50x
Coinbase International ETH-PERP-INTX+0.0104%1h2,780.6+0.071%$60.1M$4.64B50xas long as short
Deribit ETH-PERPETUAL+0.0106%1h2,780.8+0.078%$258.5M$225.1M50xas long as short
Kalshi KXETHPERP+0.0121%8h2,778.6−0.002%$8.6M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0134%8h2,782+0.121%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0170%8h2,778.9+0.009%$284.7M$196.1M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,778.1−0.020%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,780.5+0.066%$86.9M$330.9M100xas long as short
Hibachi ETH/USDT-P+0.0448%1h2,778.4−0.010%$283K$1.5M20xas long as short