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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.029%
Price spread now: Aftermath Perps against SoDEX−0.083%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.083% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ETH-USD2,737.60.0078pay 0.0010% / 1h28m 35s$54.5M$187.6M40x
ShortAftermath Perps ETHUSD2,735.30.0124get 0.0015% / 1h28m 35s$30K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SoDEX. 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
$9.59
Price spread: −0.083% → 0.000%
−$8.3
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$15.71
Costs to cover
0.170%
Break-even
18.5 days
Slippage unknown: SoDEX: live order book, 1 min ago; Aftermath Perps: no order-book sample. 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 SoDEX live order book, 1 min ago0.18 bp4.2 bp −$44.3 bp −$436.1 bp −$60630.4 bp −$15.2K
Sell Aftermath Perps no order-book sample
Aftermath 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
Perpl ETH−0.0447%43m2,738.2+0.020%$298K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,730.9−0.245%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,738.3+0.026%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,738.3+0.025%$12.0M200xas long as short
dYdX ETH-USD0.0000%1h2,735.6−0.074%$10.8M$41.6M50xas long as short
01 Exchange ETHUSD0.0000%1h2,734.9−0.099%$187K$822K50xas long as short
Phoenix ETH0.0000%1h2,738.5+0.033%$831K$2.9M25xas long as short
Bullet ETH-USD+0.0006%1h2,738+0.016%$179K$1.7M20xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,738.3+0.027%$28.1M200xas long as short
ApeX Omni ETHUSDT+0.0036%1h2,732.9−0.171%$8.7M$31.3M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0056%8h2,734.3−0.121%$1.14Bas long as short
Phemex ETHUSDT+0.0061%8h2,737.4−0.007%$266.2M$65.6M150xas long as short
HTX ETH-USDT+0.0062%8h2,737−0.022%$1.06B$1.20B200xas long as short
KuCoin ETHUSDTM+0.0066%8h2,734.8−0.101%$380.0M$574.7M100xas long as short
Bybit ETHUSDT+0.0068%8h2,734−0.133%$2.39B$4.35B150xas long as short
OKX ETH-USDT-SWAP+0.0069%8h2,734.5−0.114%$1.67B$10.72B100xas long as short
SoDEX ETH-USDlong+0.0078%1h2,737.6long leg$54.5M$187.6M40x
Deribit ETH-PERPETUAL+0.0079%1h2,739+0.052%$260.2M$196.1M50xas long as short
Aevo ETH-PERP+0.0088%1h2,735.4−0.080%$4.9M$155K20xas long as short
Aster ETHUSDT+0.0088%8h2,736.4−0.043%$251.1M$843.5M200xas long as short
MEXC ETH_USDT+0.0092%8h2,735.2−0.087%$1.53B$2.56B500xas long as short
Binance ETHUSDT+0.0095%8h2,734.3−0.119%$6.35B$15.87B150xas long as short
Lighter ETH+0.0096%1h2,735.3−0.083%$113.1M$438.8M50xas long as short
Lighter RH ETH+0.0096%1h2,736.8−0.028%$23.4M$106.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,738+0.015%$30.9M500xas long as short
Paradex ETH-USD-PERP+0.0098%8h2,739.5+0.068%$15.6M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,735.1−0.090%$5.5M$11.6M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,734.6−0.110%$501K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,735−0.097%$13.8M$104.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,737−0.022%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,736.1−0.055%$31.9M$334.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,734.3−0.121%$2.7M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,735.2−0.088%$1.6M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,728.7−0.326%$166.6M$310.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,734.5−0.112%$3.34B$8.88B200xas long as short
Bitget ETHUSDT+0.0100%8h2,735.2−0.089%$2.07B$2.74B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,735.9−0.064%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,736.1−0.055%$133.6M$325.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,736.5−0.040%$184.1M$672.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,737.2−0.015%$159.2M$86.8M50xas long as short
StandX ETH-USD+0.0100%1h2,738+0.015%$21.1M$68.3M40xas long as short
Vest ETH-PERP+0.0100%1h2,736.1−0.056%$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,735.8−0.066%$11.2M$9.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,738.4+0.029%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,739.5+0.069%$41.4M$29.8M15xas long as short
SunX ETH-USDT+0.0100%8h2,737.2−0.016%$959K$11.4M100xas long as short
Extended ETH-USD+0.0104%1h2,733.7−0.141%$30.3M$72.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,738.8+0.044%$51.5M$4.28B50xas long as short
Aftermath Perps ETHUSDshort+0.0124%1h2,735.3−0.083%$30K$20K20x
Kalshi KXETHPERP+0.0144%8h2,738.6+0.037%$6.6M$678.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0193%8h2,740.4+0.102%$32.2M$11.5M100xas long as short
Reya ETHRUSDPERP+0.0220%1h2,734.3−0.119%$7.3M$1.2M25xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,738.3+0.025%$83.5M$314.8M100xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,739.3+0.060%$254K$1.4M20xas long as short
BloFin ETH-USDT+0.0371%8h2,737.3−0.011%$282.5M$175.6M150xas long as short