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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.032%
Price spread now: BloFin against StandX−0.036%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.036%, 7d avg −0.012%
Together, before fees+0.110%+ Points / potential airdropStandX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.024% cheaper against StandX than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of −0.012%). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,773.50.0100pay 0.0013% / 1h12m 26s$21.4M$58.2M40x
ShortBloFin ETH-USDT2,772.50.0184get 0.0184% / 8h1h 12m$283.9M$194.3M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$17.65
Price spread: −0.036% → −0.012%
−$2.41
Slippage, 4 orders
−$3.3
Fee StandX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$8.06
Costs to cover
0.233%
Break-even
10.2 days
Slippage from StandX: live order book, 2 min ago; BloFin: live order book, 7 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, 2 min ago1.44 bp5.8 bp −$66.7 bp −$678.3 bp −$82617.2 bp −$8,589
Sell BloFin live order book, 7 min ago0.02 bp6.0 bp −$66.0 bp −$606.9 bp −$6908.7 bp −$4,342

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%43m2,772.9−0.021%$287K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,772.4−0.040%$5.7M$11.8M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.1−0.014%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.220%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,772.9−0.022%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,775.7+0.078%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,774.2+0.026%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,775.9+0.087%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.4−0.005%$22.4M200xas long as short
BingX ETH-USDC+0.0015%8h2,772.1−0.052%$17.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0018%8h2,772.3−0.044%$1.70B$11.84B100xas long as short
Deribit ETH-PERPETUAL+0.0020%1h2,774+0.019%$258.4M$222.4M50xas long as short
Phemex ETHUSDT+0.0024%8h2,772.5−0.036%$269.8M$68.6M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,773.2−0.010%$12.9M200xas long as short
Bullet ETH-USD+0.0028%1h2,772.4−0.038%$181K$1.7M20xas long as short
Aster ETHUSDT+0.0035%8h2,772.5−0.038%$255.8M$992.4M200xas long as short
Nado ETH-PERP+0.0060%1h2,772.3−0.042%$14.2M$118.2M50xas long as short
MEXC ETH_USDT+0.0064%8h2,772.5−0.036%$1.61B$2.67B500xas long as short
Aevo ETH-PERP+0.0064%1h2,771.4−0.074%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0064%8h2,772.5−0.036%$6.43B$17.21B150xas long as short
ApeX Omni ETHUSDT+0.0066%1h2,775.6+0.074%$8.8M$32.6M100xas long as short
SoDEX ETH-USD+0.0067%1h2,772.5−0.036%$55.2M$228.9M40xas long as short
Bitget ETHUSDT+0.0068%8h2,772.4−0.041%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0073%8h2,772.5−0.037%$3.29B$9.66B200xas long as short
Bybit ETHUSDT+0.0092%8h2,772.5−0.035%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0092%8h2,772.2−0.047%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,773.1−0.014%$115.0M$502.4M50xas long as short
Lighter RH ETH+0.0096%1h2,774.6+0.040%$25.4M$121.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,773.4−0.003%$41.6M500xas long as short
KuCoin ETHUSDTM+0.0097%8h2,772.5−0.037%$422.2M$739.0M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,772.1−0.051%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.1−0.014%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,775.1+0.058%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,773.1−0.013%$31.2M$302.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.2−0.047%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,774+0.017%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.195%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,773−0.019%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,774.7+0.045%$141.6M$331.6Mas long as short
edgeX ETHUSDC+0.0100%4h2,775.7+0.079%$181.7M$784.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.8+0.082%$161.4M$91.4M50xas long as short
StandX ETH-USDlong+0.0100%1h2,773.5long leg$21.4M$58.2M40x
Polymarket Perps ETH-USD+0.0100%1h2,773.8+0.011%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,773.5−0.001%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.5+0.036%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,773−0.018%$972K$14.0M100xas long as short
Vest ETH-PERP+0.0100%1h2,773.2−0.011%$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,771.8−0.060%$32.6M$77.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,773.9+0.013%$59.7M$4.60B50xas long as short
Kalshi KXETHPERP+0.0125%8h2,774+0.018%$8.4M$680.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,775.2+0.060%$32.5M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,773.6+0.003%$86.0M$332.4M100xas long as short
BloFin ETH-USDTshort+0.0184%8h2,772.5−0.036%$283.9M$194.3M150x
Reya ETHRUSDPERP+0.0194%1h2,772.3−0.042%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,773.9+0.015%$270K$1.5M20xas long as short