ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.023%

Price spread now: dYdX against StandX+0.086%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on StandX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.086%, 7d avg −0.022%

Together, before fees+0.088%+ Points / potential airdropStandX: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.108% dearer against StandX than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.022%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ETH-USD	2,767.5	0.0100	pay 0.0013% / 1h	16m 01s	$21.4M	$64.0M	40x
Short	dYdX ETH-USD	2,769.9	0	get 0.0000% / 1h	16m 01s	$12.3M	$43.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$21
Price spread: +0.086% → −0.022%: $10.79
Slippage, 4 orders: −$10.13
Fee StandX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$38.33
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; dYdX: live order book, 3 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, 3 min ago	1.81 bp	5.8 bp −$6	6.3 bp −$63	7.9 bp −$788	14.6 bp −$7,300
Sell dYdX live order book, 3 min ago	2.35 bp	9.2 bp −$9	16.9 bp −$169	26.4 bp −$2,644	37.9 bp −$18.9K

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
Injective ETH/USDC PERP	−0.0752%	1h	2,765.8	−0.061%	$119K	$22.5M	52x	as long as short
RISEx ETH/USDC	−0.0128%	1h	2,769	+0.055%	$5.6M	$11.2M	25x	as long as short
Perpl ETH	−0.0112%	43m	2,768	+0.017%	$340K	$6.3M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,767.1	−0.014%	$5K	$1K	50x	as long as short
01 Exchange ETHUSD	−0.0032%	1h	2,769.1	+0.058%	$169K	$1.1M	50x	as long as short
Phoenix ETH	−0.0003%	1h	2,772	+0.163%	$873K	$3.7M	25x	as long as short
dYdX ETH-USDshort	0.0000%	1h	2,769.9	+0.086%	$12.3M	$43.2M	50x
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,769.9	+0.086%	$22.4M	—	200x	as long as short
Bullet ETH-USD	+0.0019%	1h	2,768.8	+0.046%	$185K	$1.7M	20x	as long as short
OKX ETH-USDT-SWAP	+0.0028%	8h	2,770	+0.090%	$1.70B	$11.15B	100x	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	+0.0031%	1h	2,770	+0.090%	$55.2M	$188.0M	40x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0043% / S −0.0009%	1h	2,769.7	+0.081%	$12.7M	—	200x	as long as short
Phemex ETHUSDT	+0.0045%	8h	2,769.8	+0.082%	$269.5M	$67.3M	150x	as long as short
Aster ETHUSDT	+0.0045%	8h	2,770	+0.090%	$256.5M	$885.6M	200x	as long as short
Aevo ETH-PERP	+0.0056%	1h	2,768.5	+0.035%	$5.0M	$165K	20x	as long as short
MEXC ETH_USDT	+0.0057%	8h	2,769.8	+0.084%	$1.61B	$2.66B	500x	as long as short
Binance ETHUSDT	+0.0058%	8h	2,770	+0.089%	$6.48B	$16.25B	150x	as long as short
Gate ETH_USDT	+0.0061%	8h	2,770.3	+0.100%	$3.38B	$9.07B	200x	as long as short
Bitget ETHUSDT	+0.0076%	8h	2,771	+0.126%	$2.10B	$2.87B	150x	as long as short
Aftermath Perps ETHUSD	+0.0079%	1h	2,769.9	+0.088%	$31K	$21K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0080%	1h	2,771.5	+0.144%	$60.4M	$4.43B	50x	as long as short
Vest ETH-PERP	+0.0081%	1h	2,769.1	+0.057%	—	$876K	50x	as long as short
KuCoin ETHUSDTM	+0.0086%	8h	2,770.2	+0.099%	$420.7M	$604.4M	100x	as long as short
HTX ETH-USDT	+0.0088%	8h	2,769.6	+0.074%	$1.08B	$1.24B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,770.4	+0.104%	$115.0M	$459.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,771.7	+0.153%	$25.6M	$111.8M	50x	as long as short
ApeX Omni ETHUSDT	+0.0098%	1h	2,768.2	+0.025%	$8.7M	$32.1M	100x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,772.9	+0.195%	$15.9M	$8.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,769	+0.054%	$488K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,768.7	+0.043%	$14.6M	$113.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,772.5	+0.181%	$3.17B	$2.19B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,769.9	+0.086%	$31.2M	$328.0M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,770.4	+0.104%	$2.51B	$4.32B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,768.2	+0.025%	$2.8M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,769.6	+0.076%	$2.8M	$16.9M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,763.5	−0.143%	$172.0M	$292.0M	25x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,769.7	+0.080%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,770	+0.089%	$15.1M	$42.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,768.4	+0.034%	$133.7M	$347.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,768.1	+0.022%	$181.7M	$785.3M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,768.8	+0.046%	$161.1M	$85.1M	50x	as long as short
StandX ETH-USDlong	+0.0100%	1h	2,767.5	long leg	$21.4M	$64.0M	40x
Polymarket Perps ETH-USD	+0.0100%	1h	2,769.2	+0.061%	$10.5M	$8.0M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,769.8	+0.085%	$21K	$22K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,771.8	+0.154%	$42.5M	$28.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,768.9	+0.051%	$970K	$12.9M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,770.2	+0.096%	$30.9M	$75.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,767.6	+0.003%	—	$36.2M	500x	as long as short
Kalshi KXETHPERP	+0.0110%	8h	2,770.1	+0.094%	$8.1M	$677.4M	4.9x	as long as short
Kraken Futures PF_ETHUSD	+0.0134%	1h	2,771.7	+0.152%	$97.9M	$320.6M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0155%	8h	2,772	+0.162%	$32.7M	$11.1M	100x	as long as short
Hibachi ETH/USDT-P	+0.0160%	1h	2,766.5	−0.036%	$252K	$1.5M	20x	as long as short
BloFin ETH-USDT	+0.0178%	8h	2,767.2	−0.011%	$287.6M	$178.6M	150x	as long as short
Deribit ETH-PERPETUAL	+0.0187%	1h	2,771.7	+0.152%	$259.1M	$203.2M	50x	as long as short
Reya ETHRUSDPERP	+0.0213%	1h	2,769	+0.055%	$7.3M	$1.1M	25x	as long as short