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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Kraken Futures against StandX+0.107%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$230.235% of the position
Long on StandXShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.107%, 7d avg −0.004%
Together, before fees−0.090%+ Points / potential airdropStandX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.111% dearer against StandX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,7840.0100pay 0.0013% / 1h52m 52s$21.5M$58.3M40x
ShortKraken Futures PF_ETHUSD2,7870.0122get 0.0015% / 1h52m 52s$86.9M$332.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$4.67
Price spread: +0.107% → −0.004%
$11.1
Slippage, 4 orders
−$5.45
Fee StandX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$7.68
Costs to cover
0.235%
Break-even
18.5 days
Slippage from StandX: live order book, 1 min ago; Kraken Futures: live order book, 1 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 ago1.62 bp6.0 bp −$66.0 bp −$607.8 bp −$78116.7 bp −$8,358
Sell Kraken Futures live order book, 1 min ago0.18 bp5.9 bp −$67.4 bp −$748.9 bp −$88913.3 bp −$6,671

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%43m2,787+0.108%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,786.9+0.103%$5.7M$11.9M25xas long as short
ApeX Omni ETHUSDT−0.0131%1h2,779.8−0.150%$8.8M$32.7M100xas long as short
Injective ETH/USDC PERP−0.0088%1h2,782.5−0.054%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,784.2+0.007%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,787.3+0.119%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0001%1h2,781.3−0.098%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,784.8+0.029%$12.8M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,785+0.036%$884K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,786.3+0.081%$22.5M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0014%8h2,783.7−0.011%—$17.4M—as long as short
OKX ETH-USDT-SWAP+0.0020%8h2,784.4+0.013%$1.71B$11.92B100xas long as short
Phemex ETHUSDT+0.0025%8h2,785.9+0.068%$271.4M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,786.4+0.088%$13.0M—200xas long as short
Aster ETHUSDT+0.0038%8h2,785.5+0.054%$255.3M$1.00B200xas long as short
Bullet ETH-USD+0.0054%1h2,785.9+0.068%$182K$1.7M20xas long as short
MEXC ETH_USDT+0.0064%8h2,784.1+0.005%$1.60B$2.63B500xas long as short
Aevo ETH-PERP+0.0064%1h2,786+0.071%$5.1M$636K20xas long as short
Nado ETH-PERP+0.0064%1h2,786.3+0.082%$14.4M$118.2M50xas long as short
Binance ETHUSDT+0.0065%8h2,784.2+0.007%$6.46B$17.26B150xas long as short
Bitget ETHUSDT+0.0065%8h2,784.3+0.010%$2.11B$3.11B150xas long as short
Gate ETH_USDT+0.0071%8h2,784.3+0.009%$3.31B$9.58B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,787.3+0.117%$60.3M$4.62B50xas long as short
HTX ETH-USDT+0.0090%8h2,785.8+0.066%$1.08B$1.32B200xas long as short
KuCoin ETHUSDTM+0.0090%8h2,7840.000%$424.4M$739.3M100xas long as short
Bybit ETHUSDT+0.0090%8h2,784.1+0.004%$2.52B$4.63B150xas long as short
Vest ETH-PERP+0.0095%1h2,786.3+0.084%—$1.1M50xas long as short
Lighter ETH+0.0096%1h2,786.2+0.079%$116.4M$495.3M50xas long as short
Lighter RH ETH+0.0096%1h2,787.5+0.125%$25.4M$120.6M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,783.7−0.011%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,786.7+0.097%$479K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,788.4+0.158%$3.20B$2.34B25xas long as short
Pacifica ETH+0.0100%1h2,785.8+0.064%$31.3M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,786.2+0.079%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,788.3+0.154%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9−0.218%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,785.8+0.064%$15.1M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.4−0.093%$147.6M$336.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,782.4−0.059%$182.1M$780.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,784.1+0.003%$161.9M$90.2M50xas long as short
StandX ETH-USDlong+0.0100%1h2,784long leg$21.5M$58.3M40x
Polymarket Perps ETH-USD+0.0100%1h2,787.8+0.136%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,786.2+0.080%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,787.4+0.120%$42.9M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,786.2+0.079%$977K$13.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,785.8+0.065%$55.5M$229.0M40xas long as short
Deribit ETH-PERPETUAL+0.0102%1h2,786.9+0.103%$258.9M$222.7M50xas long as short
Extended ETH-USD+0.0104%1h2,783.4−0.020%$32.7M$77.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,786.8+0.102%—$41.8M500xas long as short
Kraken Futures PF_ETHUSDshort+0.0122%1h2,787+0.107%$86.9M$332.7M100x
Kalshi KXETHPERP+0.0125%8h2,786.3+0.083%$8.4M$681.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,788+0.145%$32.7M$12.1M100xas long as short
BloFin ETH-USDT+0.0185%8h2,785.9+0.066%$285.4M$195.4M150xas long as short
Reya ETHRUSDPERP+0.0197%1h2,786.4+0.088%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,785.1+0.038%$271K$1.5M20xas long as short