ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%

Price spread now: Deribit against StandX−0.014%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$190.188% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now −0.014%, 7d avg +0.031%

Together, before fees−0.298%+ Points / potential airdropStandX: Active · farm board−$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.045% cheaper against StandX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.031%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ETH-USD	2,740.7	0.0100	pay 0.0013% / 1h	53m 06s	$21.2M	$69.6M	40x
Short	Deribit ETH-PERPETUAL	2,740.3	0.0195	get 0.0024% / 1h	53m 06s	$260.0M	$194.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee StandXbpFee DeribitbpOrdersPrice spread, now −0.014%Rate

Funding earned: $19.95
Price spread: −0.014% → +0.031%: −$4.53
Slippage, 4 orders: −$3.77
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$3.35
Costs to cover: 0.188%
Break-even: 8.2 days

Slippage from StandX: live order book, 1 min ago; Deribit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 1 min ago	1.10 bp	5.1 bp −$5	5.6 bp −$56	6.9 bp −$689	13.7 bp −$6,835
Sell Deribit live order book, 1 min ago	0.18 bp	3.9 bp −$4	4.9 bp −$49	9.9 bp −$986	18.0 bp −$8,992

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ETH	−0.0447%	43m	2,738.4	−0.083%	$300K	$5.5M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,740.3	−0.015%	$118K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,739.1	−0.058%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,739	−0.063%	$12.0M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,739.5	−0.045%	$10.8M	$41.7M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,739	−0.062%	$182K	$834K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,741.2	+0.018%	$832K	$2.9M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,739.2	−0.055%	$25.4M	—	200x	as long as short
BingX ETH-USDT	+0.0055%	8h	2,738.3	−0.088%	—	$1.14B	—	as long as short
Bullet ETH-USD	+0.0059%	1h	2,738.3	−0.087%	$180K	$1.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX ETH-USD	+0.0062%	1h	2,738.5	−0.080%	$54.5M	$187.6M	40x	as long as short
OKX ETH-USDT-SWAP	+0.0070%	8h	2,738.4	−0.083%	$1.68B	$10.59B	100x	as long as short
KuCoin ETHUSDTM	+0.0073%	8h	2,738.6	−0.076%	$380.7M	$573.4M	100x	as long as short
Aster ETHUSDT	+0.0084%	8h	2,738.7	−0.072%	$253.2M	$840.4M	200x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,736.3	−0.161%	$4.9M	$154K	20x	as long as short
MEXC ETH_USDT	+0.0091%	8h	2,738.1	−0.093%	$1.56B	$2.52B	500x	as long as short
Binance ETHUSDT	+0.0091%	8h	2,738.1	−0.095%	$6.36B	$15.70B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,738.7	−0.072%	$112.5M	$431.3M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,740.3	−0.016%	$24.5M	$102.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,739.3	−0.053%	—	$30.5M	500x	as long as short
RISEx ETH/USDC	+0.0099%	1h	2,739.1	−0.060%	$5.6M	$11.4M	25x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,742.4	+0.062%	$15.8M	$8.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,737.9	−0.102%	$499K	$3.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,738.5	−0.079%	$13.9M	$104.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,740.5	−0.007%	$3.11B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,739	−0.062%	$31.7M	$335.1M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,738.2	−0.091%	$2.43B	$4.18B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,738.7	−0.073%	$2.7M	$16.9M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,738.9	−0.066%	$2.8M	$16.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,740.8	+0.002%	$166.9M	$306.7M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,738.6	−0.078%	$3.39B	$8.68B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,738.4	−0.084%	$2.08B	$2.72B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,738.5	−0.082%	$15.0M	$39.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,741	+0.009%	$133.2M	$324.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,739.9	−0.031%	$182.1M	$665.1M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,737.4	−0.122%	$159.2M	$83.8M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,734.9	−0.210%	$8.7M	$30.7M	100x	as long as short
StandX ETH-USDlong	+0.0100%	1h	2,740.7	long leg	$21.2M	$69.6M	40x
Polymarket Perps ETH-USD	+0.0100%	1h	2,740	−0.026%	$11.0M	$8.8M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,740.5	−0.007%	$41.4M	$29.7M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,737.8	−0.105%	$961K	$11.4M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,738.4	−0.084%	$1.06B	$1.18B	200x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,738.4	−0.082%	$266.1M	$65.1M	150x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,739.5	−0.043%	—	$843K	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,738.1	−0.096%	$30.6M	$72.3M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,740.3	−0.013%	$51.1M	$4.26B	50x	as long as short
Aftermath Perps ETHUSD	+0.0126%	1h	2,740.1	−0.021%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0157%	8h	2,739.2	−0.055%	$7.7M	$672.7M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0195%	8h	2,741	+0.012%	$32.2M	$11.5M	100x	as long as short
Deribit ETH-PERPETUALshort	+0.0195%	1h	2,740.3	−0.014%	$260.0M	$194.8M	50x
BloFin ETH-USDT	+0.0211%	8h	2,738.4	−0.084%	$285.5M	$172.8M	150x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,739.4	−0.047%	$86.0M	$309.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0224%	1h	2,738.2	−0.092%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,740.3	−0.013%	$252K	$1.4M	20x	as long as short
Bluefin ETH-PERP	+0.1989%	1h	2,739.3	−0.050%	$21K	$20K	25x	as long as short