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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Pacifica against SunX+0.067%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 3 days (all we have)+0.059%+$6 · spread now +0.067%, 7d avg +0.040%
Together, before fees0.000%+ Points / potential airdropPacifica: Active · farm board$0 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: Pacifica is 0.027% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,780.30.0100pay 0.0100% / 8h1h 41m$975K$14.0M100x
ShortPacifica ETH2,782.20.0100get 0.0013% / 1h41m 33s$31.3M$295.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.067% → +0.040%
$2.69
Slippage, 4 orders
−$3.57
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$16.88
Costs to cover
0.196%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Pacifica: 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 ago0.04 bp7.2 bp −$77.3 bp −$738.9 bp −$89111.9 bp −$5,975
Sell Pacifica live order book, 3 min ago0.18 bp4.2 bp −$44.3 bp −$43doesn't fitdoesn't fit

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%43m2,780.5+0.006%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,781.1+0.028%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,782+0.060%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.7−0.167%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0032%1h2,781.2+0.031%$170K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0030%1h2,775.9−0.158%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,782.1+0.062%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,774.2−0.221%$885K$3.7M25xas long as short
Phemex ETHUSDT+0.0005%8h2,781+0.024%$270.5M$68.5M150xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,781.7+0.050%$22.5M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0017%8h2,781.4+0.038%$17.4Mas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,780.2−0.005%$1.71B$11.85B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,781.6+0.044%$13.2M200xas long as short
Aster ETHUSDT+0.0037%8h2,781.2+0.031%$257.1M$989.8M200xas long as short
Bullet ETH-USD+0.0038%1h2,780.6+0.009%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0044%1h2,780.1−0.008%$14.3M$117.7M50xas long as short
MEXC ETH_USDT+0.0056%8h2,782.1+0.062%$1.63B$2.65B500xas long as short
Aevo ETH-PERP+0.0056%1h2,778.6−0.063%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0058%8h2,781+0.025%$6.46B$17.10B150xas long as short
Bitget ETHUSDT+0.0073%8h2,782.1+0.062%$2.11B$3.10B150xas long as short
Gate ETH_USDT+0.0077%8h2,781.9+0.057%$3.30B$9.57B200xas long as short
HTX ETH-USDT+0.0095%8h2,781+0.022%$1.08B$1.31B200xas long as short
Lighter ETH+0.0096%1h2,782.4+0.073%$115.3M$497.5M50xas long as short
Lighter RH ETH+0.0096%1h2,783.3+0.105%$25.5M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,781.5+0.041%$41.5M500xas long as short
Bybit ETHUSDT+0.0096%8h2,780.4+0.003%$2.53B$4.59B150xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,782.9+0.093%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,781.5+0.042%$483K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,784.7+0.158%$3.20B$2.39B25xas long as short
Pacifica ETHshort+0.0100%1h2,782.2+0.067%$31.3M$295.5M50x
Ondo Perps ETH-USD.P+0.0100%1h2,781+0.024%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,783.4+0.109%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.035%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,781.5+0.040%$427.2M$737.4M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,781.8+0.053%$15.3M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,773.8−0.234%$135.8M$327.0Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.9−0.125%$180.0M$778.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5−0.137%$161.5M$93.1M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,776.6−0.136%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,780.3−0.001%$21.5M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,780.4+0.002%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,781.6+0.045%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,781.5+0.042%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,783.4+0.109%$42.8M$29.4M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,780.3long leg$975K$14.0M100x
SoDEX ETH-USD+0.0100%1h2,781+0.024%$55.4M$228.8M40xas long as short
Extended ETH-USD+0.0104%1h2,781.5+0.043%$31.6M$74.6M50xas long as short
Hibachi ETH/USDT-P+0.0104%1h2,778.9−0.053%$281K$1.5M20xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,782.5+0.076%$60.4M$4.60B50xas long as short
Kalshi KXETHPERP+0.0110%8h2,781+0.024%$8.6M$673.1M4.9xas long as short
Deribit ETH-PERPETUAL+0.0117%1h2,782.5+0.077%$258.4M$221.7M50xas long as short
Orderly PERP_ETH_USDC+0.0139%8h2,783.6+0.119%$32.7M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,782.2+0.065%$86.3M$330.4M100xas long as short
BloFin ETH-USDT+0.0176%8h2,778−0.086%$285.6M$194.6M150xas long as short
Reya ETHRUSDPERP+0.0189%1h2,780.6+0.009%$7.4M$1.1M25xas long as short