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 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: StandX against Katana Perps+0.029%7-day average +0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 7 days+0.006%+$1 · spread now +0.029%, 7d avg +0.055%
Together, before fees+0.015%+ Points / potential airdropStandX: Active · farm board+$1 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 0.026% cheaper against Katana Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps ETH-USD2,730.70.0100pay 0.0100% / 8h41m 55s$500K$3.5M50x
ShortStandX ETH-USD2,731.50.0100get 0.0013% / 1h41m 55s$21.0M$70.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Katana Perps. 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
$0.04
Price spread: +0.029% → +0.055%
−$2.62
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$14.37
Costs to cover
0.118%
Break-even
2288.2 days
Slippage unknown: Katana Perps: no order-book sample; StandX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Katana Perps no order-book sample
Sell StandX live order book, 2 min ago1.10 bp7.6 bp −$89.9 bp −$9912.1 bp −$1,208doesn't fit
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0189%8h2,730−0.025%$281.1M$177.9M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,732.1+0.051%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,733.5+0.103%$811K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,732.3+0.058%$11.9M200xas long as short
dYdX ETH-USD0.0000%1h2,731.3+0.021%$10.5M$42.6M50xas long as short
Kalshi KXETHPERP0.0000%8h2,731.1+0.015%$6.4M$681.4M4.9xas long as short
Perpl ETH0.0000%43m2,731.4+0.027%$286K$5.7M8.3xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,732.7+0.074%$262.4M$212.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,732.5+0.065%$33.0M200xas long as short
BingX ETH-USDT+0.0019%8h2,731.6+0.033%$1.10Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0024%8h2,731.4+0.026%$2.33B$4.36B150xas long as short
HTX ETH-USDT+0.0029%8h2,731.4+0.026%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,731.8+0.040%$192K$888K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,732.3+0.059%$117K$20.2M52xas long as short
ApeX Omni ETHUSDT+0.0057%1h2,731.2+0.019%$8.6M$31.6M100xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,732.6+0.068%$82.2M$309.4M100xas long as short
KuCoin ETHUSDTM+0.0072%8h2,731.9+0.043%$385.0M$576.8M100xas long as short
Hibachi ETH/USDT-P+0.0072%1h2,731.7+0.037%$242K$1.4M20xas long as short
OKX ETH-USDT-SWAP+0.0074%8h2,731.6+0.031%$1.65B$10.86B100xas long as short
Aster ETHUSDT+0.0081%8h2,731.5+0.030%$253.0M$849.3M200xas long as short
Binance ETHUSDT+0.0094%8h2,731.9+0.042%$6.32B$16.14B150xas long as short
MEXC ETH_USDT+0.0094%8h2,731.3+0.021%$1.56B$2.56B500xas long as short
Lighter ETH+0.0096%1h2,732.6+0.070%$112.7M$429.6M50xas long as short
Lighter RH ETH+0.0096%1h2,733.7+0.109%$23.5M$102.0M50xas long as short
Aevo ETH-PERP+0.0096%1h2,729.1−0.058%$4.9M$183K20xas long as short
Katana Perps ETH-USDlong+0.0100%8h2,730.7long leg$500K$3.5M50x
Paradex ETH-USD-PERP+0.0100%8h2,735.3+0.169%$15.4M$7.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,730.3−0.015%$14.0M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,734.7+0.146%$3.11B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,731.9+0.043%$32.1M$333.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,730.2−0.018%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,731.8+0.040%$1.5M$15.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,729.5−0.043%$162.7M$356.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,732.2+0.053%$3.31B$8.86B200xas long as short
Bitget ETHUSDT+0.0100%8h2,731.7+0.037%$2.10B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,732+0.047%$15.0M$41.2M50xas long as short
Variational Omni ETH+0.0100%8h2,731.6+0.034%$134.1M$318.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,731.7+0.037%$185.7M$684.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,732+0.048%$158.8M$83.6M50xas long as short
StandX ETH-USDshort+0.0100%1h2,731.5+0.029%$21.0M$70.6M40x
Vest ETH-PERP+0.0100%1h2,733.2+0.092%$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,733.3+0.095%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,731.9+0.043%$184K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,732.5+0.066%$22K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,733.5+0.101%$41.0M$30.1M15xas long as short
SunX ETH-USDT+0.0100%8h2,730.2−0.019%$957K$10.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,731.8+0.040%$54.4M$187.2M40xas long as short
Phemex ETHUSDT+0.0100%8h2,731.9+0.044%$263.3M$64.5M150xas long as short
Aftermath Perps ETHUSD+0.0104%1h2,732+0.049%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,730.9+0.008%$30.4M$72.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,731.5+0.030%$30.4M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,733.3+0.093%$46.6M$4.30B50xas long as short
RISEx ETH/USDC+0.0114%1h2,732.6+0.070%$5.6M$11.7M25xas long as short
Reya ETHRUSDPERP+0.0183%1h2,731+0.012%$7.3M$975K25xas long as short
Orderly PERP_ETH_USDC+0.0185%8h2,734.1+0.125%$32.2M$11.3M100xas long as short