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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against StandX+0.048%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 days−0.074%−$7 · spread now +0.048%, 7d avg −0.066%
Together, before fees−0.065%+ Points / potential airdropStandX: Active · Extended: Active · farm board−$7 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: Extended is 0.114% dearer against StandX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,740.90.0100pay 0.0013% / 1h43m 41s$21.2M$69.4M40x
ShortExtended ETH-USD2,742.20.0104get 0.0013% / 1h43m 41s$30.6M$72.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.048% → −0.066%
$11.41
Slippage, 4 orders
−$2.92
Fee StandX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$3.66
Costs to cover
0.159%
Break-even
37.5 days
Slippage from StandX: live order book, just now; Extended: live order book, 5 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, just now1.28 bp5.3 bp −$55.8 bp −$587.5 bp −$75114.6 bp −$7,280
Sell Extended live order book, 5 min ago0.18 bp2.7 bp −$32.7 bp −$275.6 bp −$56314.3 bp −$7,152

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−0.0112%43m2,743.1+0.080%$305K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,742.7+0.066%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,744.7+0.139%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,741.2+0.012%$12.1M200xas long as short
dYdX ETH-USD0.0000%1h2,744.4+0.127%$10.8M$41.8M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,741.4+0.018%$22.1M200xas long as short
Phoenix ETH+0.0017%1h2,740.6−0.011%$845K$2.9M25xas long as short
01 Exchange ETHUSD+0.0040%1h2,742.8+0.069%$182K$917K50xas long as short
BingX ETH-USDC+0.0047%8h2,742.7+0.064%$18.4Mas long as short
OKX ETH-USDT-SWAP+0.0061%8h2,743+0.078%$1.70B$10.57B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0063%8h2,743.4+0.091%$383.8M$599.4M100xas long as short
RISEx ETH/USDC+0.0077%1h2,742.4+0.053%$5.7M$11.2M25xas long as short
Aster ETHUSDT+0.0080%8h2,743.4+0.090%$252.3M$841.2M200xas long as short
MEXC ETH_USDT+0.0088%8h2,742.8+0.069%$1.56B$2.53B500xas long as short
Aevo ETH-PERP+0.0088%1h2,738.9−0.072%$4.9M$159K20xas long as short
Binance ETHUSDT+0.0089%8h2,743.7+0.101%$6.38B$15.71B150xas long as short
Bullet ETH-USD+0.0096%1h2,741.1+0.006%$182K$1.7M20xas long as short
Lighter ETH+0.0096%1h2,744+0.114%$112.8M$432.0M50xas long as short
Lighter RH ETH+0.0096%1h2,744.8+0.143%$24.7M$103.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,744.4+0.129%$30.9M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,742.8+0.069%$58.9M$4.27B50xas long as short
HTX ETH-USDT+0.0097%8h2,740.8−0.003%$1.06B$1.18B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,746.6+0.209%$16.1M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,742.4+0.055%$469K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,742.5+0.057%$13.9M$106.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,745.6+0.171%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,744+0.113%$31.6M$334.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,743+0.076%$2.45B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,743.3+0.088%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,743.3+0.088%$2.7M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,743.5+0.096%$165.1M$304.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,744+0.113%$3.40B$8.69B200xas long as short
Bitget ETHUSDT+0.0100%8h2,742.9+0.072%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,741.6+0.025%$15.0M$40.9M50xas long as short
Variational Omni ETH+0.0100%8h2,740.4−0.019%$132.4M$336.6Mas long as short
edgeX ETHUSDC+0.0100%4h2,739.2−0.063%$181.4M$691.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,739.8−0.041%$159.3M$82.0M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,740.9+0.001%$8.7M$31.1M100xas long as short
StandX ETH-USDlong+0.0100%1h2,740.9long leg$21.2M$69.4M40x
Vest ETH-PERP+0.0100%1h2,743.1+0.080%$819K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,742.7+0.066%$11.0M$8.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,742+0.039%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,743.5+0.095%$41.6M$29.5M15xas long as short
SunX ETH-USDT+0.0100%8h2,741.2+0.010%$961K$11.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,741.5+0.022%$54.6M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,741.6+0.024%$266.7M$65.1M150xas long as short
Extended ETH-USDshort+0.0104%1h2,742.2+0.048%$30.6M$72.5M50x
Deribit ETH-PERPETUAL+0.0104%1h2,742.9+0.072%$258.8M$195.8M50xas long as short
Aftermath Perps ETHUSD+0.0132%1h2,743.1+0.079%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0152%8h2,743.9+0.109%$7.8M$668.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0188%8h2,744+0.112%$32.3M$11.2M100xas long as short
BloFin ETH-USDT+0.0208%8h2,742.9+0.074%$286.0M$177.5M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,742.3+0.053%$87.3M$310.4M100xas long as short
Reya ETHRUSDPERP+0.0225%1h2,741.3+0.015%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,744.9+0.147%$250K$1.4M20xas long as short