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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: StandX against Extended+0.189%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$160.156% of the position
Long on ExtendedShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.163%−$16 · spread now +0.189%, 7d avg +0.066%
Together, before fees−0.174%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$17 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 0.123% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,734.10.0104pay 0.0013% / 1h52m 36s$30.6M$72.4M50x
ShortStandX ETH-USD2,739.30.0100get 0.0013% / 1h52m 36s$21.1M$69.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: +0.189% → +0.066%
$12.28
Slippage, 4 orders
−$2.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$4.11
Costs to cover
0.156%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; StandX: live order book, 2 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 −$273.3 bp −$32510.5 bp −$5,233
Sell StandX live order book, 2 min ago1.10 bp5.1 bp −$57.9 bp −$7910.9 bp −$1,095doesn'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%43m2,738.4+0.157%$300K$5.5M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,740.3+0.226%$118K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,735.6+0.054%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,739+0.177%$12.0M—200xas long as short
dYdX ETH-USD0.0000%1h2,737.7+0.131%$10.8M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,736+0.068%$181K$834K50xas long as short
Phoenix ETH0.0000%1h2,741.2+0.259%$832K$2.9M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,739.2+0.185%$25.4M—200xas long as short
BingX ETH-USDC+0.0055%8h2,735.1+0.036%—$18.4M—as long as short
Bullet ETH-USD+0.0059%1h2,738.3+0.153%$180K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0062%1h2,738.5+0.160%$54.5M$187.6M40xas long as short
OKX ETH-USDT-SWAP+0.0070%8h2,736.4+0.082%$1.68B$10.61B100xas long as short
KuCoin ETHUSDTM+0.0072%8h2,736.2+0.075%$380.3M$573.4M100xas long as short
Aster ETHUSDT+0.0084%8h2,737.9+0.140%$253.2M$840.3M200xas long as short
Aevo ETH-PERP+0.0088%1h2,736.3+0.079%$4.9M$154K20xas long as short
MEXC ETH_USDT+0.0091%8h2,735.2+0.039%$1.55B$2.52B500xas long as short
Binance ETHUSDT+0.0092%8h2,736+0.067%$6.35B$15.70B150xas long as short
Lighter ETH+0.0096%1h2,736.5+0.085%$112.5M$431.5M50xas long as short
Lighter RH ETH+0.0096%1h2,737.8+0.132%$24.5M$102.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,739.3+0.188%—$30.5M500xas long as short
RISEx ETH/USDC+0.0099%1h2,735.9+0.063%$5.6M$11.4M25xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,739.8+0.206%$15.8M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,734.8+0.024%$499K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,735.6+0.054%$13.9M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,740+0.213%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,737+0.105%$31.6M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,736.3+0.080%$2.43B$4.18B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,734.5+0.013%$2.7M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,735.5+0.050%$2.8M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,740.8+0.242%$166.9M$306.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,738.1+0.145%$3.39B$8.68B200xas long as short
Bitget ETHUSDT+0.0100%8h2,736.4+0.082%$2.07B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,738.5+0.158%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,741+0.249%$133.2M$324.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,739.9+0.209%$182.1M$665.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,737.4+0.118%$159.2M$83.8M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,734.9+0.030%$8.7M$30.7M100xas long as short
StandX ETH-USDshort+0.0100%1h2,739.3+0.189%$21.1M$69.6M40x
Vest ETH-PERP+0.0100%1h2,737.6+0.128%—$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,737.3+0.116%$10.9M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,740.5+0.233%$41.4M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,737.8+0.135%$961K$11.4M100xas long as short
HTX ETH-USDT+0.0100%8h2,738.4+0.156%$1.06B$1.18B200xas long as short
Phemex ETHUSDT+0.0100%8h2,738.4+0.158%$266.1M$65.1M150xas long as short
Extended ETH-USDlong+0.0104%1h2,734.1long leg$30.6M$72.4M50x
Coinbase International ETH-PERP-INTX+0.0112%1h2,740.3+0.227%$51.1M$4.26B50xas long as short
Aftermath Perps ETHUSD+0.0126%1h2,740.1+0.219%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0157%8h2,739.2+0.185%$7.7M$672.7M4.9xas long as short
Orderly PERP_ETH_USDC+0.0195%8h2,741+0.252%$32.2M$11.5M100xas long as short
Deribit ETH-PERPETUAL+0.0195%1h2,740.3+0.226%$260.0M$194.8M50xas long as short
BloFin ETH-USDT+0.0211%8h2,738.4+0.156%$285.5M$172.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,739.4+0.194%$86.0M$309.6M100xas long as short
Reya ETHRUSDPERP+0.0224%1h2,735.8+0.059%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,740.3+0.227%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.1989%1h2,739.3+0.190%$21K$20K25xas long as short