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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.019%
Price spread now: StandX against OKX+0.046%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.046%, 7d avg +0.023%
Together, before fees+0.039%+ Points / potential airdropStandX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.023% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,766.60.0028pay 0.0028% / 8h7h 17m$1.70B$11.13B100x
ShortStandX ETH-USD2,767.90.0100get 0.0013% / 1h17m 21s$21.4M$64.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against OKX. 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
$15.06
Price spread: +0.046% → +0.023%
$2.32
Slippage, 4 orders
−$3.65
Fee OKX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$4.27
Costs to cover
0.217%
Break-even
9.0 days
Slippage from OKX: 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 OKX live order book, 2 min ago0.02 bp5.0 bp −$55.0 bp −$506.3 bp −$6328.3 bp −$4,137
Sell StandX live order book, 2 min ago1.81 bp5.8 bp −$68.0 bp −$8014.9 bp −$1,490doesn'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
Injective ETH/USDC PERP−0.0752%1h2,765.8−0.030%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,768+0.049%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,767.3+0.023%$340K$6.3M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,768.1+0.053%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,768.2+0.057%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,772+0.194%$873K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,768.3+0.061%$12.2M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,767.2+0.020%$22.3M200xas long as short
Bullet ETH-USD+0.0018%1h2,766−0.023%$184K$1.7M20xas long as short
OKX ETH-USDT-SWAPlong+0.0028%8h2,766.6long leg$1.70B$11.13B100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0030%1h2,767+0.013%$55.1M$188.0M40xas long as short
Aster ETHUSDT+0.0043%8h2,767.5+0.032%$256.3M$885.8M200xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,766.60.000%$12.7M200xas long as short
Aevo ETH-PERP+0.0056%1h2,765.3−0.048%$5.0M$165K20xas long as short
MEXC ETH_USDT+0.0057%8h2,766.7+0.002%$1.61B$2.65B500xas long as short
Binance ETHUSDT+0.0058%8h2,767.9+0.046%$6.47B$16.25B150xas long as short
Gate ETH_USDT+0.0062%8h2,766.7+0.003%$3.38B$9.06B200xas long as short
Bitget ETHUSDT+0.0076%8h2,767.2+0.020%$2.10B$2.87B150xas long as short
Aftermath Perps ETHUSD+0.0078%1h2,769.6+0.108%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,768.7+0.074%$60.3M$4.42B50xas long as short
Vest ETH-PERP+0.0081%1h2,767.8+0.042%$876K50xas long as short
Phemex ETHUSDT+0.0082%8h2,767.2+0.020%$269.3M$67.3M150xas long as short
HTX ETH-USDT+0.0084%8h2,766.2−0.015%$1.07B$1.24B200xas long as short
KuCoin ETHUSDTM+0.0086%8h2,768.1+0.052%$420.6M$604.6M100xas long as short
Lighter ETH+0.0096%1h2,767.4+0.029%$114.9M$459.0M50xas long as short
Lighter RH ETH+0.0096%1h2,768.9+0.080%$25.5M$111.8M50xas long as short
ApeX Omni ETHUSDT+0.0098%1h2,768.2+0.056%$8.7M$32.1M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.6+0.143%$15.9M$8.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,768+0.050%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,768+0.049%$14.6M$113.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,770.2+0.129%$3.16B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,768.1+0.054%$31.2M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,768.3+0.060%$2.51B$4.33B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,766.9+0.010%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,768.7+0.073%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.112%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,766.7+0.001%$17.3Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,767.7+0.039%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5+0.069%$137.0M$344.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,768.1+0.053%$181.7M$785.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,768.8+0.077%$161.1M$85.1M50xas long as short
StandX ETH-USDshort+0.0100%1h2,767.9+0.046%$21.4M$64.0M40x
Polymarket Perps ETH-USD+0.0100%1h2,767.6+0.035%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,767.4+0.029%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,768.5+0.069%$42.5M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,767+0.012%$971K$13.0M100xas long as short
Extended ETH-USD+0.0104%1h2,766.2−0.014%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,767.5+0.030%$36.2M500xas long as short
Kalshi KXETHPERP+0.0109%8h2,768.6+0.071%$8.1M$677.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,768.5+0.068%$97.8M$320.5M100xas long as short
Orderly PERP_ETH_USDC+0.0155%8h2,769.2+0.092%$32.6M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0158%1h2,768.6+0.073%$259.1M$203.2M50xas long as short
Hibachi ETH/USDT-P+0.0160%1h2,766.5−0.004%$252K$1.5M20xas long as short
BloFin ETH-USDT+0.0178%8h2,767.2+0.020%$287.6M$178.6M150xas long as short
Reya ETHRUSDPERP+0.0213%1h2,766.8+0.007%$7.3M$1.1M25xas long as short