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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: GRVT against StandX+0.001%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.001%, 7d avg +0.006%
Together, before fees−0.087%+ Points / potential airdropStandX: Active · GRVT: Active · farm board−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,7300.0100pay 0.0013% / 1h13m 15s$21.0M$70.5M40x
ShortGRVT ETH_USDT_Perp2,7300.0100get 0.0100% / 8h3h 13m$158.8M$86.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.001% → +0.006%
−$0.49
Slippage, 4 orders
−$4.05
Fee StandX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$21.54
Costs to cover
0.211%
Break-even
never at this rate
Slippage from StandX: live order book, 1 min ago; GRVT: live order book, 6 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 ago1.83 bp5.8 bp −$66.5 bp −$657.4 bp −$73728.8 bp −$14.4K
Sell GRVT live order book, 6 min ago0.02 bp4.8 bp −$55.5 bp −$557.3 bp −$73216.8 bp −$8,416

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−0.0335%43m2,728.6−0.052%$297K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,730.2+0.007%$5K$1K50xas long as short
HTX ETH-USDT−0.0017%8h2,727.9−0.079%$1.05B$1.20B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,728.8−0.045%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,729−0.037%$816K$2.9M25xas long as short
Kalshi KXETHPERP0.0000%8h2,729.6−0.015%$6.2M$686.0M4.9xas long as short
dYdX ETH-USD+0.0006%1h2,729.5−0.018%$10.7M$42.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,728.9−0.039%$28.0M200xas long as short
BingX ETH-USDT+0.0027%8h2,728.6−0.053%$1.14Bas long as short
Bullet ETH-USD+0.0031%1h2,728.4−0.059%$178K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0036%8h2,728.3−0.062%$2.36B$4.38B150xas long as short
01 Exchange ETHUSD+0.0048%1h2,729−0.037%$187K$814K50xas long as short
SunX ETH-USDT+0.0062%8h2,727.6−0.088%$957K$11.2M100xas long as short
KuCoin ETHUSDTM+0.0066%8h2,728.3−0.063%$377.3M$575.1M100xas long as short
Deribit ETH-PERPETUAL+0.0076%1h2,729.4−0.022%$258.6M$202.4M50xas long as short
OKX ETH-USDT-SWAP+0.0078%8h2,728.3−0.061%$1.67B$10.74B100xas long as short
Aevo ETH-PERP+0.0080%1h2,725.9−0.150%$4.9M$155K20xas long as short
Aster ETHUSDT+0.0080%8h2,728.5−0.053%$250.8M$840.3M200xas long as short
Phemex ETHUSDT+0.0086%8h2,728.5−0.054%$264.4M$64.8M150xas long as short
Binance ETHUSDT+0.0087%8h2,728.5−0.055%$6.32B$15.94B150xas long as short
MEXC ETH_USDT+0.0087%8h2,728.5−0.055%$1.56B$2.58B500xas long as short
SoDEX ETH-USD+0.0088%1h2,728.3−0.062%$54.3M$187.8M40xas long as short
ApeX Omni ETHUSDT+0.0089%1h2,731+0.036%$8.6M$31.2M100xas long as short
Lighter ETH+0.0096%1h2,729.3−0.027%$112.3M$435.2M50xas long as short
Lighter RH ETH+0.0096%1h2,730.4+0.014%$23.4M$104.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,729.3−0.025%$31.0M500xas long as short
Injective ETH/USDC PERP+0.0096%1h2,730.8+0.029%$117K$22.5M52xas long as short
Katana Perps ETH-USD+0.0100%8h2,728.7−0.048%$499K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,730.4+0.014%$15.5M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,728.6−0.051%$13.9M$104.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,730.6+0.022%$3.09B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,729.8−0.006%$31.9M$334.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,729−0.037%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,729.4−0.021%$1.5M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,728.2−0.065%$169.5M$307.4M25xas long as short
Gate ETH_USDT+0.0100%8h2,728.7−0.046%$3.33B$8.95B200xas long as short
Bitget ETHUSDT+0.0100%8h2,728.4−0.059%$2.07B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,728.3−0.061%$14.9M$41.6M50xas long as short
Variational Omni ETH+0.0100%8h2,728.8−0.043%$134.7M$323.0Mas long as short
edgeX ETHUSDC+0.0100%4h2,729.5−0.019%$183.6M$673.1M100xas long as short
GRVT ETH_USDT_Perpshort+0.0100%8h2,730+0.001%$158.8M$86.9M50x
StandX ETH-USDlong+0.0100%1h2,730long leg$21.0M$70.5M40x
Vest ETH-PERP+0.0100%1h2,729.5−0.019%$845K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,730.1+0.004%$11.2M$9.4M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,729.3−0.027%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,730.1+0.005%$41.0M$29.9M15xas long as short
Aftermath Perps ETHUSD+0.0101%1h2,730.4+0.014%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,727.4−0.096%$30.5M$73.5M50xas long as short
RISEx ETH/USDC+0.0107%1h2,729.3−0.024%$5.6M$11.7M25xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h2,729.7−0.013%$50.5M$4.28B50xas long as short
Kraken Futures PF_ETHUSD+0.0153%1h2,729.1−0.032%$83.6M$315.9M100xas long as short
Orderly PERP_ETH_USDC+0.0191%8h2,730.6+0.022%$32.1M$11.6M100xas long as short
Reya ETHRUSDPERP+0.0208%1h2,727.8−0.080%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,731.3+0.049%$246K$1.4M20xas long as short
BloFin ETH-USDT+0.0347%8h2,728.2−0.065%$282.3M$174.6M150xas long as short