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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Aevo against StandX−0.193%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$420.415% 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 3 days (all we have)+0.110%+$11 · spread now −0.193%, 7d avg −0.073%
Together, before fees+0.013%+ Points / potential airdropStandX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.121% cheaper against StandX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,780.30.0100pay 0.0013% / 1h40m 18s$21.5M$57.9M40x
ShortAevo ETH-PERP2,774.90.0056get 0.0007% / 1h40m 18s$5.0M$636K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against StandX. 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
−$9.24
Price spread: −0.193% → −0.073%
−$12.07
Slippage, 4 orders
−$17.52
Fee StandX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$62.83
Costs to cover
0.415%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; Aevo: live order book, 4 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 StandX live order book, 4 min ago1.08 bp5.1 bp −$56.4 bp −$648.0 bp −$79616.0 bp −$8,023
Sell Aevo live order book, 4 min ago3.69 bp18.7 bp −$1929.0 bp −$29050.9 bp −$5,091doesn'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−0.0447%43m2,780.3+0.001%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,780.5+0.008%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,780.7+0.014%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.7−0.165%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0032%1h2,780.8+0.018%$170K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0027%1h2,778−0.082%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,780.4+0.002%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,774.2−0.219%$885K$3.7M25xas long as short
Phemex ETHUSDT+0.0005%8h2,779.5−0.028%$270.4M$68.5M150xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,781.8+0.055%$22.5M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0015%8h2,781.1+0.028%$1.18Bas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,780.9+0.020%$1.71B$11.85B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,781.7+0.049%$13.2M200xas long as short
Aster ETHUSDT+0.0038%8h2,780.5+0.006%$257.0M$989.8M200xas long as short
Bullet ETH-USD+0.0040%1h2,781+0.026%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0050%1h2,780.7+0.013%$14.3M$117.8M50xas long as short
Aevo ETH-PERPshort+0.0056%1h2,774.9−0.193%$5.0M$636K20x
MEXC ETH_USDT+0.0058%8h2,781.2+0.032%$1.62B$2.65B500xas long as short
Binance ETHUSDT+0.0062%8h2,781+0.024%$6.45B$17.10B150xas long as short
Bitget ETHUSDT+0.0072%8h2,780.8+0.017%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0077%8h2,781+0.025%$3.30B$9.57B200xas long as short
HTX ETH-USDT+0.0096%8h2,779.6−0.026%$1.08B$1.31B200xas long as short
Lighter ETH+0.0096%1h2,780.5+0.008%$115.3M$497.6M50xas long as short
Lighter RH ETH+0.0096%1h2,781.8+0.054%$25.5M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,780.6+0.011%$41.5M500xas long as short
Bybit ETHUSDT+0.0096%8h2,781.1+0.029%$2.53B$4.59B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,781.2+0.033%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,780.8+0.018%$483K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,783.1+0.101%$3.20B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,780.7+0.014%$31.3M$295.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,780−0.011%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,782.1+0.066%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.037%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,780.6+0.009%$426.7M$737.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,780.3+0.001%$15.3M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.7+0.051%$135.5M$322.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.9−0.123%$180.0M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5−0.136%$161.5M$93.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,776.6−0.135%$8.7M$32.6M100xas long as short
StandX ETH-USDlong+0.0100%1h2,780.3long leg$21.5M$57.9M40x
Vest ETH-PERP+0.0100%1h2,781.2+0.032%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,782.2+0.068%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,781.3+0.037%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,783.1+0.100%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,779.6−0.027%$975K$14.0M100xas long as short
SoDEX ETH-USD+0.0100%1h2,780.8+0.018%$55.4M$228.8M40xas long as short
Extended ETH-USD+0.0104%1h2,779.9−0.013%$31.6M$74.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,782.1+0.065%$60.3M$4.60B50xas long as short
Hibachi ETH/USDT-P+0.0112%1h2,782+0.062%$279K$1.5M20xas long as short
Kalshi KXETHPERP+0.0113%8h2,781.8+0.054%$8.6M$672.9M4.9xas long as short
Deribit ETH-PERPETUAL+0.0120%1h2,782.4+0.074%$258.4M$221.6M50xas long as short
Orderly PERP_ETH_USDC+0.0139%8h2,783.5+0.116%$32.7M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,781.8+0.055%$86.3M$330.4M100xas long as short
BloFin ETH-USDT+0.0178%8h2,779.6−0.024%$285.4M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0189%1h2,780.7+0.014%$7.4M$1.1M25xas long as short