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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.54 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against SunX+0.032%56s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 3 days (all we have)+0.046%+$5 · spread now +0.032%, 7d avg +0.030%
Together, before fees−0.027%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,749.10.0100pay 0.0100% / 8h6h 51m$963K$12.6M100x
ShortAster ETHUSDT2,7500.0046get 0.0046% / 8h6h 51m$255.9M$854.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
−$11.32
Price spread: +0.032% → +0.030%
$0.2
Slippage, 4 orders
−$4.34
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.47
Costs to cover
0.203%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Aster: live order book, 3 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 SunX live order book, 8 min ago0.29 bp7.0 bp −$77.0 bp −$7010.4 bp −$1,03732.5 bp −$16.2K
Sell Aster live order book, 3 min ago0.02 bp5.1 bp −$55.2 bp −$526.3 bp −$63212.1 bp −$6,050

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
ApeX Omni ETHUSDT−0.0449%1h2,745.8−0.121%$8.7M$31.5M100xas long as short
Perpl ETH−0.0447%43m2,749−0.004%$320K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.7+0.020%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,750.2+0.038%$5.5M$11.3M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,749.1−0.002%$12.0M200xas long as short
Phoenix ETH−0.0006%1h2,749.5+0.013%$863K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,750.6+0.052%$10.9M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,751.1+0.073%$22.2M200xas long as short
01 Exchange ETHUSD+0.0008%1h2,750.2+0.039%$181K$1.1M50xas long as short
BingX ETH-USDC+0.0027%8h2,750.3+0.042%$17.3Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0035%8h2,751.1+0.072%$1.67B$11.09B100xas long as short
HTX ETH-USDT+0.0038%8h2,749.1−0.003%$1.07B$1.23B200xas long as short
Aster ETHUSDTshort+0.0046%8h2,750+0.032%$255.9M$854.8M200x
MEXC ETH_USDT+0.0055%8h2,750+0.029%$1.58B$2.53B500xas long as short
Aevo ETH-PERP+0.0056%1h2,747.3−0.067%$4.9M$163K20xas long as short
Binance ETHUSDT+0.0058%8h2,750.8+0.060%$6.37B$16.32B150xas long as short
Gate ETH_USDT+0.0058%8h2,751.3+0.078%$3.33B$8.72B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,749.6+0.016%$384.9M$607.1M100xas long as short
Bitget ETHUSDT+0.0083%8h2,749.7+0.019%$2.07B$2.86B150xas long as short
Deribit ETH-PERPETUAL+0.0088%1h2,751+0.066%$258.8M$202.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,751.2+0.076%$59.6M$4.39B50xas long as short
Variational Omni ETH+0.0095%8h2,741.6−0.275%$132.7M$345.8Mas long as short
Aftermath Perps ETHUSD+0.0096%1h2,750.4+0.045%$30K$21K20xas long as short
Lighter ETH+0.0096%1h2,749.10.000%$113.2M$438.9M50xas long as short
Lighter RH ETH+0.0096%1h2,750.9+0.065%$25.0M$105.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,751.1+0.070%$35.7M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,751.7+0.093%$15.9M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,749.3+0.006%$469K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,748.9−0.010%$14.0M$113.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,752+0.104%$3.13B$2.14B25xas long as short
Pacifica ETH+0.0100%1h2,749.3+0.008%$31.2M$332.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,751+0.068%$2.46B$4.35B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,749.1−0.001%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,750.7+0.056%$2.8M$16.8M25xas long as short
Bulk ETH-USD+0.0100%1h2,752.6+0.127%$169.2M$297.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,749.7+0.021%$14.9M$42.5M50xas long as short
edgeX ETHUSDC+0.0100%4h2,743.2−0.214%$183.8M$733.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,747.1−0.075%$159.8M$82.0M50xas long as short
StandX ETH-USD+0.0100%1h2,745.9−0.118%$21.2M$65.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,750.3+0.042%$871K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,749.4+0.009%$10.4M$8.0M50xas long as short
Bullet ETH-USD+0.0100%1h2,750.5+0.050%$183K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,749.3+0.007%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,751.2+0.076%$42.0M$29.0M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,749.1long leg$963K$12.6M100x
SoDEX ETH-USD+0.0100%1h2,749.6+0.017%$54.7M$187.6M40xas long as short
Phemex ETHUSDT+0.0100%8h2,749.8+0.023%$267.4M$66.2M150xas long as short
Extended ETH-USD+0.0104%1h2,749−0.007%$30.5M$74.2M50xas long as short
Kalshi KXETHPERP+0.0130%8h2,750+0.031%$7.7M$671.3M4.9xas long as short
Orderly PERP_ETH_USDC+0.0160%8h2,753.9+0.173%$32.4M$11.2M100xas long as short
Hibachi ETH/USDT-P+0.0168%1h2,750+0.033%$250K$1.5M20xas long as short
BloFin ETH-USDT+0.0175%8h2,747.3−0.066%$286.1M$178.5M150xas long as short
Injective ETH/USDC PERP+0.0209%1h2,744.5−0.169%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0217%1h2,749.4+0.011%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,751+0.067%$93.1M$319.7M100xas long as short