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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.16 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against MEXC+0.085%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$120.115% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days−0.084%−$8 · spread now +0.085%, 7d avg +0.008%
Together, before fees−0.060%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.077% dearer against MEXC than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.008%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETH_USDT2,770.20.0058pay 0.0058% / 8h7h 44m$1.63B$2.62B500x
ShortAster ETHUSDT2,772.50.0042get 0.0042% / 8h7h 44m$256.9M$914.3M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$3.41
Price spread: +0.085% → +0.008%
$7.69
Slippage, 4 orders
−$1.53
Fee MEXC: 1 bp × 2 orders
−$2
Fee Aster: 4 bp × 2 orders
−$8
Net
−$7.25
Costs to cover
0.115%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Aster: live order book, 5 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 MEXC live order book, 5 min ago0.02 bp1.0 bp −$11.0 bp −$101.4 bp −$1373.7 bp −$1,831
Sell Aster live order book, 5 min ago0.54 bp4.6 bp −$54.9 bp −$496.9 bp −$69413.4 bp −$6,720

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%1h2,770.4+0.009%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,772.3+0.079%$5.7M$11.4M25xas long as short
Perpl ETH−0.0112%43m2,771.8+0.061%$285K$6.5M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.7+0.128%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,771.7+0.056%$168K$1.1M50xas long as short
Phemex ETHUSDT−0.0028%8h2,772.3+0.079%$270.0M$67.8M150xas long as short
Phoenix ETH−0.0003%1h2,771.8+0.060%$878K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,773+0.103%$12.2M$46.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,771.5+0.048%$22.4M200xas long as short
Gate ETH_USDT+0.0008%8h2,772.6+0.090%$3.33B$8.94B200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,770.8+0.023%$1.71B$11.44B100xas long as short
Bullet ETH-USD+0.0023%1h2,770.2+0.002%$183K$1.7M20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,771.1+0.034%$12.7M200xas long as short
Aster ETHUSDTshort+0.0042%8h2,772.5+0.085%$256.9M$914.3M200x
Aftermath Perps ETHUSD+0.0046%1h2,771.6+0.052%$31K$23K20xas long as short
SoDEX ETH-USD+0.0047%1h2,772.3+0.078%$55.2M$211.3M40xas long as short
Aevo ETH-PERP+0.0056%1h2,772.2+0.073%$5.0M$165K20xas long as short
MEXC ETH_USDTlong+0.0058%8h2,770.2long leg$1.63B$2.62B500x
Binance ETHUSDT+0.0059%8h2,770.7+0.020%$6.47B$16.71B150xas long as short
Bitget ETHUSDT+0.0068%8h2,770.6+0.016%$2.10B$2.94B150xas long as short
HTX ETH-USDT+0.0071%8h2,772.4+0.081%$1.08B$1.28B200xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,773.6+0.125%$60.6M$4.52B50xas long as short
KuCoin ETHUSDTM+0.0081%8h2,771.3+0.041%$420.7M$648.3M100xas long as short
Vest ETH-PERP+0.0087%1h2,771.6+0.051%$911K50xas long as short
Lighter ETH+0.0096%1h2,773.4+0.117%$115.3M$456.6M50xas long as short
Lighter RH ETH+0.0096%1h2,774.4+0.152%$25.2M$110.0M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,772.3+0.076%$15.9M$9.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,772+0.067%$487K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,773.3+0.114%$14.5M$116.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.9+0.099%$3.17B$2.31B25xas long as short
Pacifica ETH+0.0100%1h2,773.4+0.117%$31.2M$322.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.9+0.028%$2.50B$4.48B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.7+0.092%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,773.1+0.108%$2.8M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.9−0.008%$170.3M$272.1M25xas long as short
BingX ETH-USDC+0.0100%8h2,771+0.031%$17.5Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,773.3+0.114%$15.3M$42.3M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3+0.005%$151.3M$342.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.8−0.048%$181.8M$786.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.2+0.003%$161.1M$86.9M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,770.3+0.005%$8.7M$32.8M100xas long as short
StandX ETH-USD+0.0100%1h2,770.6+0.016%$21.4M$59.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,771+0.031%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.9+0.098%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.6+0.162%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,772.3+0.079%$973K$13.5M100xas long as short
Extended ETH-USD+0.0104%1h2,771.8+0.060%$32.5M$73.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,773.1+0.108%$38.3M500xas long as short
Kalshi KXETHPERP+0.0104%8h2,773+0.103%$8.2M$686.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,773.8+0.133%$93.4M$325.3M100xas long as short
Orderly PERP_ETH_USDC+0.0148%8h2,775.2+0.183%$32.6M$11.6M100xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,773.2+0.111%$253K$1.5M20xas long as short
Deribit ETH-PERPETUAL+0.0161%1h2,774+0.139%$259.1M$212.2M50xas long as short
BloFin ETH-USDT+0.0178%8h2,772.3+0.079%$287.6M$188.5M150xas long as short
Reya ETHRUSDPERP+0.0209%1h2,770.2+0.001%$7.3M$1.2M25xas long as short