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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: StandX against Polymarket Perps−0.015%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.015%, 7d avg +0.006%
Together, before fees+0.010%+ 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 0.021% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ETH-USD2,746.20.0100pay 0.0013% / 1h7m 12s$10.7M$8.6M50x
ShortStandX ETH-USD2,745.80.0100get 0.0013% / 1h7m 12s$21.2M$69.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Polymarket 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
Price spread: −0.015% → +0.006%
−$2.05
Slippage, 4 orders
−$4.88
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$22.93
Costs to cover
0.209%
Break-even
never at this rate
Slippage from Polymarket Perps: 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 Polymarket Perps live order book, 2 min ago0.55 bp4.7 bp −$55.8 bp −$5813.0 bp −$1,303doesn't fit
Sell StandX live order book, 2 min ago1.28 bp5.6 bp −$68.0 bp −$8011.8 bp −$1,176doesn't fit

ETH on 54 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%43m2,745.3−0.035%$310K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,747.1+0.033%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,746.2−0.001%$5.7M$11.2M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,746.3+0.005%$12.1M200xas long as short
Phoenix ETH−0.0006%1h2,744.8−0.051%$847K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,746.3+0.005%$10.8M$42.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,746.4+0.007%$22.2M200xas long as short
01 Exchange ETHUSD+0.0040%1h2,746.20.000%$181K$1.0M50xas long as short
BingX ETH-USDT+0.0040%8h2,746.8+0.020%$1.17Bas long as short
OKX ETH-USDT-SWAP+0.0052%8h2,746.5+0.012%$1.70B$10.82B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ETHUSDT+0.0066%1h2,741.8−0.162%$8.7M$31.4M100xas long as short
KuCoin ETHUSDTM+0.0066%8h2,746.8+0.023%$370.2M$608.7M100xas long as short
Aster ETHUSDT+0.0067%8h2,746.6+0.013%$253.6M$853.6M200xas long as short
HTX ETH-USDT+0.0070%8h2,746.7+0.018%$1.06B$1.19B200xas long as short
Binance ETHUSDT+0.0079%8h2,746.8+0.021%$6.38B$16.06B150xas long as short
MEXC ETH_USDT+0.0080%8h2,746.9+0.024%$1.57B$2.58B500xas long as short
Aevo ETH-PERP+0.0080%1h2,744.1−0.077%$4.9M$167K20xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,748.1+0.069%$58.8M$4.31B50xas long as short
Gate ETH_USDT+0.0093%8h2,746.9+0.027%$3.40B$8.94B200xas long as short
Lighter ETH+0.0096%1h2,747.2+0.035%$113.0M$444.9M50xas long as short
Lighter RH ETH+0.0096%1h2,748.7+0.091%$24.8M$107.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,746.5+0.013%$31.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,749.2+0.111%$16.2M$8.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,745.5−0.025%$477K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,746.5+0.009%$13.9M$109.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,749+0.102%$3.13B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,746.8+0.022%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,746.9+0.027%$2.46B$4.27B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,746.20.000%$2.7M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,746.5+0.009%$2.8M$16.4M25xas long as short
Bitget ETHUSDT+0.0100%8h2,746.8+0.021%$2.08B$2.78B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,746.5+0.011%$15.0M$41.6M50xas long as short
Variational Omni ETH+0.0100%8h2,744.9−0.046%$132.7M$345.6Mas long as short
edgeX ETHUSDC+0.0100%4h2,742.2−0.146%$181.3M$699.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,743.3−0.106%$159.5M$82.2M50xas long as short
StandX ETH-USDshort+0.0100%1h2,745.8−0.015%$21.2M$69.1M40x
Vest ETH-PERP+0.0100%1h2,746.2−0.001%$849K50xas long as short
Polymarket Perps ETH-USDlong+0.0100%1h2,746.2long leg$10.7M$8.6M50x
Bullet ETH-USD+0.0100%1h2,745.9−0.011%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,746.20.000%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,748.4+0.081%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,745.7−0.017%$963K$12.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,747+0.029%$54.7M$187.7M40xas long as short
Phemex ETHUSDT+0.0100%8h2,747.2+0.038%$267.5M$65.8M150xas long as short
Bulk ETH-USD+0.0100%1h2,747.7+0.053%$164.0M$301.0M25xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,746.6+0.014%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,745.9−0.010%$30.5M$73.1M50xas long as short
Kalshi KXETHPERP+0.0147%8h2,746.9+0.025%$7.8M$672.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0178%8h2,748.6+0.088%$32.3M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0209%1h2,748.4+0.082%$258.8M$198.6M50xas long as short
Injective ETH/USDC PERP+0.0209%1h2,744.7−0.055%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0222%1h2,745.6−0.022%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,746.6+0.016%$250K$1.5M20xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,747.8+0.059%$88.2M$315.4M100xas long as short