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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Arcus against StandX+0.057%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.057%, 7d avg +0.008%
Together, before fees−0.019%+ Points / potential airdropStandX: Active · farm board−$2 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: Arcus is 0.049% dearer against StandX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,778.50.0100pay 0.0013% / 1h58m 23s$21.5M$58.2M40x
ShortArcus ETH-USD2,780.10.0100get 0.0013% / 1h58m 23s$2.7M$17.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
$0
Price spread: +0.057% → +0.008%
$4.89
Slippage, 4 orders
−$4.31
Fee StandX: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$11.92
Costs to cover
0.168%
Break-even
never at this rate
Slippage from StandX: live order book, 1 min ago; Arcus: live order book, 1 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, 1 min ago1.26 bp5.6 bp −$66.2 bp −$627.8 bp −$77619.0 bp −$9,488
Sell Arcus live order book, 1 min ago0.02 bp2.3 bp −$22.4 bp −$243.9 bp −$393doesn'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%43m2,778.5+0.001%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,778.6+0.002%$5.7M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,777.3−0.043%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778−0.018%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,779.4+0.032%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,777.4−0.039%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.9−0.022%$12.7M$45.9M50xas long as short
Phoenix ETH0.0000%1h2,777.6−0.032%$881K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.8+0.046%$22.4M200xas long as short
BingX ETH-USDC+0.0014%8h2,778.6+0.003%$17.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0018%8h2,779.2+0.026%$1.70B$11.89B100xas long as short
Bullet ETH-USD+0.0021%1h2,779+0.017%$181K$1.7M20xas long as short
Phemex ETHUSDT+0.0022%8h2,777.1−0.050%$270.5M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,779.7+0.042%$13.0M200xas long as short
Aster ETHUSDT+0.0034%8h2,778.9+0.014%$254.9M$995.7M200xas long as short
Nado ETH-PERP+0.0035%1h2,779.4+0.031%$14.3M$118.2M50xas long as short
ApeX Omni ETHUSDT+0.0058%1h2,777.6−0.034%$8.8M$32.7M100xas long as short
MEXC ETH_USDT+0.0061%8h2,779.2+0.024%$1.60B$2.62B500xas long as short
Binance ETHUSDT+0.0061%8h2,779.1+0.020%$6.45B$17.23B150xas long as short
Bitget ETHUSDT+0.0064%8h2,778.9+0.014%$2.10B$3.10B150xas long as short
Aevo ETH-PERP+0.0064%1h2,777.7−0.028%$5.0M$636K20xas long as short
SoDEX ETH-USD+0.0069%1h2,778.7+0.007%$55.3M$229.0M40xas long as short
Deribit ETH-PERPETUAL+0.0070%1h2,780.5+0.073%$258.7M$222.8M50xas long as short
Gate ETH_USDT+0.0071%8h2,779.5+0.037%$3.30B$9.55B200xas long as short
HTX ETH-USDT+0.0087%8h2,776.6−0.068%$1.08B$1.32B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,780+0.055%$60.1M$4.61B50xas long as short
Bybit ETHUSDT+0.0091%8h2,779+0.017%$2.52B$4.63B150xas long as short
KuCoin ETHUSDTM+0.0092%8h2,779.2+0.025%$423.7M$739.5M100xas long as short
Vest ETH-PERP+0.0096%1h2,779.3+0.030%$1.1M50xas long as short
Lighter ETH+0.0096%1h2,778.7+0.005%$115.3M$491.9M50xas long as short
Lighter RH ETH+0.0096%1h2,779.3+0.030%$25.4M$120.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,778.3−0.007%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,779.2+0.025%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,782.3+0.137%$3.20B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,779.1+0.022%$31.3M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777.9−0.022%$2.8M$17.2M25xas long as short
Arcus ETH-USDshort+0.0100%1h2,780.1+0.057%$2.7M$17.2M25x
Bulk ETH-USD+0.0100%1h2,777.9−0.020%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,777.7−0.028%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,775.9−0.093%$147.5M$336.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,777−0.053%$181.7M$781.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.9−0.058%$161.5M$90.7M50xas long as short
StandX ETH-USDlong+0.0100%1h2,778.5long leg$21.5M$58.2M40x
Polymarket Perps ETH-USD+0.0100%1h2,781.2+0.097%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,779.7+0.043%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.3+0.102%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,779.2+0.025%$974K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,778.2−0.009%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,780.3+0.064%$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,780.1+0.056%$86.6M$332.7M100xas long as short
Kalshi KXETHPERP+0.0125%8h2,777.8−0.025%$8.3M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,782+0.125%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0181%8h2,776.8−0.062%$285.0M$195.0M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,779.7+0.043%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0296%1h2,778.5+0.001%$270K$1.5M20xas long as short