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 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: StandX against KuCoin−0.117%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 7 days+0.120%+$12 · spread now −0.117%, 7d avg +0.016%
Together, before fees+0.228%+ Points / potential airdropStandX: Active · farm board+$23 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 0.133% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHUSDTM2,772.90.0100pay 0.0100% / 8h2h 26m$424.0M$740.9M100x
ShortStandX ETH-USD2,769.60.0100get 0.0013% / 1h26m 58s$21.4M$57.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against KuCoin. 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
Price spread: −0.117% → +0.016%
−$13.28
Slippage, 4 orders
−$3.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$37.25
Costs to cover
0.240%
Break-even
never at this rate
Slippage from KuCoin: 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 KuCoin live order book, 2 min ago0.02 bp6.4 bp −$67.8 bp −$7810.5 bp −$1,049doesn't fit
Sell StandX live order book, 2 min ago1.26 bp5.3 bp −$58.0 bp −$8013.1 bp −$1,314doesn'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%43m2,771.5−0.048%$289K$6.8M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,766.1−0.243%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.9−0.034%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0056%1h2,771.7−0.041%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,768.8−0.146%$795K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,771.9−0.035%$5.8M$11.8M25xas long as short
ApeX Omni ETHUSDT−0.0008%1h2,768.6−0.154%$8.8M$32.5M100xas long as short
dYdX ETH-USD0.0000%1h2,772.3−0.021%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0006%1h2,769.1−0.135%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.6+0.028%$22.4M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0012%8h2,772.6−0.009%$266.9M$66.1M150xas long as short
OKX ETH-USDT-SWAP+0.0021%8h2,773.2+0.013%$1.71B$11.88B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,773.5+0.022%$13.2M200xas long as short
Aster ETHUSDT+0.0036%8h2,773.2+0.012%$256.3M$995.8M200xas long as short
MEXC ETH_USDT+0.0045%8h2,773.5+0.023%$1.61B$2.66B500xas long as short
Binance ETHUSDT+0.0046%8h2,773.5+0.023%$6.43B$17.21B150xas long as short
Aevo ETH-PERP+0.0048%1h2,770.9−0.070%$5.0M$636K20xas long as short
Gate ETH_USDT+0.0069%8h2,773.6+0.026%$3.30B$9.64B200xas long as short
Bitget ETHUSDT+0.0073%8h2,773.6+0.026%$2.10B$3.12B150xas long as short
Bullet ETH-USD+0.0079%1h2,772.6−0.009%$184K$1.8M20xas long as short
Variational Omni ETH+0.0091%8h2,768.2−0.167%$140.3M$320.2Mas long as short
Lighter ETH+0.0096%1h2,773.8+0.033%$115.3M$513.0M50xas long as short
Lighter RH ETH+0.0096%1h2,775+0.076%$25.4M$122.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,772.7−0.005%$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,771.5−0.049%$15.9M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.8−0.038%$480K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,771.6−0.043%$14.7M$117.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,775.5+0.096%$3.20B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,772.1−0.027%$31.2M$287.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,773.4+0.020%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771.5−0.049%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,773.7+0.032%$2.8M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,765.9−0.250%$164.9M$256.3M25xas long as short
KuCoin ETHUSDTMlong+0.0100%8h2,772.9long leg$424.0M$740.9M100x
BingX ETH-USDC+0.0100%8h2,773+0.007%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774+0.043%$15.4M$42.4M50xas long as short
edgeX ETHUSDC+0.0100%4h2,766.7−0.223%$177.8M$792.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.6−0.152%$161.0M$97.1M50xas long as short
StandX ETH-USDshort+0.0100%1h2,769.6−0.117%$21.4M$57.7M40x
Vest ETH-PERP+0.0100%1h2,772.1−0.026%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.4+0.020%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,773.3+0.016%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,775.3+0.088%$42.7M$29.2M15xas long as short
SunX ETH-USDT+0.0100%8h2,771−0.067%$972K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,773.1+0.009%$55.2M$228.6M40xas long as short
HTX ETH-USDT+0.0100%8h2,772.5−0.013%$1.08B$1.32B200xas long as short
Extended ETH-USD+0.0104%1h2,773+0.006%$31.4M$76.1M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,775.1+0.082%$60.2M$4.62B50xas long as short
Kalshi KXETHPERP+0.0116%8h2,773+0.005%$8.6M$672.3M4.9xas long as short
Orderly PERP_ETH_USDC+0.0131%8h2,775.7+0.103%$32.6M$12.0M100xas long as short
Deribit ETH-PERPETUAL+0.0147%1h2,774.8+0.070%$258.4M$224.7M50xas long as short
BloFin ETH-USDT+0.0166%8h2,773.2+0.012%$285.3M$195.4M150xas long as short
Reya ETHRUSDPERP+0.0182%1h2,772−0.029%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,774.3+0.053%$86.9M$330.6M100xas long as short
Hibachi ETH/USDT-P+0.0424%1h2,771.5−0.048%$285K$1.5M20xas long as short