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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: SunX against Extended+0.131%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$520.524% of the position
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)−0.178%−$18 · spread now +0.131%, 7d avg +0.015%
Together, before fees−0.179%+ Points / potential airdropExtended: Active · farm board−$18 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: SunX is 0.116% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,762.70.0104pay 0.0013% / 1h18m 36s$30.9M$74.9M50x
ShortSunX ETH-USDT2,766.30.0100get 0.0100% / 8h7h 18m$969K$13.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.131% → +0.015%
$11.61
Slippage, 4 orders
−$39.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$41.67
Costs to cover
0.524%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; SunX: live order book, 11 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, 6 min ago0.18 bp2.7 bp −$32.7 bp −$275.1 bp −$50511.8 bp −$5,917
Sell SunX live order book, 11 min ago2.96 bp31.3 bp −$3142.2 bp −$42245.0 bp −$4,49647.1 bp −$23.5K

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%1h2,776.9+0.515%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,763.6+0.034%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,767.1+0.159%$326K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,764.2+0.056%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,764.2+0.056%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.338%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,764.7+0.075%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,767.2+0.164%$22.4M200xas long as short
Bullet ETH-USD+0.0019%1h2,766.7+0.146%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,764.3+0.060%$1.70B$11.12B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0028%1h2,763.7+0.037%$55.0M$188.0M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,767.4+0.171%$12.7M200xas long as short
Aster ETHUSDT+0.0044%8h2,764.1+0.050%$256.0M$885.9M200xas long as short
Gate ETH_USDT+0.0055%8h2,763.8+0.041%$3.38B$9.06B200xas long as short
Aevo ETH-PERP+0.0056%1h2,764.6+0.068%$5.0M$165K20xas long as short
Binance ETHUSDT+0.0057%8h2,763.3+0.025%$6.46B$16.26B150xas long as short
MEXC ETH_USDT+0.0059%8h2,763.4+0.025%$1.61B$2.65B500xas long as short
Deribit ETH-PERPETUAL+0.0061%1h2,765.2+0.092%$259.1M$204.5M50xas long as short
Aftermath Perps ETHUSD+0.0072%1h2,771.1+0.305%$31K$21K20xas long as short
Bitget ETHUSDT+0.0076%8h2,764.6+0.069%$2.09B$2.87B150xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,765+0.083%$60.2M$4.41B50xas long as short
Vest ETH-PERP+0.0081%1h2,764.7+0.074%$876K50xas long as short
KuCoin ETHUSDTM+0.0085%8h2,764.3+0.061%$419.8M$619.4M100xas long as short
HTX ETH-USDT+0.0088%8h2,762.4−0.011%$1.07B$1.25B200xas long as short
Lighter ETH+0.0096%1h2,764.3+0.060%$114.7M$458.7M50xas long as short
Lighter RH ETH+0.0096%1h2,765.7+0.108%$25.5M$111.8M50xas long as short
ApeX Omni ETHUSDT+0.0098%1h2,768.2+0.200%$8.7M$32.1M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,766.1+0.126%$15.9M$8.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,764.2+0.056%$487K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,763+0.014%$14.6M$113.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,767.3+0.168%$3.16B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,764.2+0.056%$31.1M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,764.1+0.051%$2.51B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,763.5+0.030%$2.8M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,764.3+0.058%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5+0.031%$172.0M$292.0M25xas long as short
BingX ETH-USDT+0.0100%8h2,763.2+0.020%$1.20Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,763.7+0.036%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.213%$137.0M$344.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.1+0.197%$181.7M$785.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.8+0.221%$161.1M$85.1M50xas long as short
StandX ETH-USD+0.0100%1h2,767.9+0.189%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,764.4+0.063%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,766.4+0.136%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,767.1+0.160%$42.5M$28.9M15xas long as short
SunX ETH-USDTshort+0.0100%8h2,766.3+0.131%$969K$13.1M100x
Phemex ETHUSDT+0.0100%8h2,763.8+0.041%$269.0M$67.4M150xas long as short
Extended ETH-USDlong+0.0104%1h2,762.7long leg$30.9M$74.9M50x
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769+0.230%$36.1M500xas long as short
Kalshi KXETHPERP+0.0109%8h2,767.4+0.171%$8.1M$678.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,765.4+0.100%$97.7M$320.7M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,769.3+0.239%$252K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0154%8h2,768.6+0.216%$32.6M$11.1M100xas long as short
BloFin ETH-USDT+0.0180%8h2,763.6+0.032%$287.3M$178.3M150xas long as short
Reya ETHRUSDPERP+0.0213%1h2,764.4+0.063%$7.3M$1.1M25xas long as short