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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: StandX against SunX+0.056%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.027%+$3 · spread now +0.056%, 7d avg +0.031%
Together, before fees+0.026%+ Points / potential airdropStandX: Active · farm board+$3 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: StandX is 0.025% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,773.60.0100pay 0.0100% / 8h33m 08s$972K$13.9M100x
ShortStandX ETH-USD2,775.20.0100get 0.0013% / 1h33m 08s$21.5M$58.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: +0.056% → +0.031%
$2.48
Slippage, 4 orders
−$5.83
Fee SunX: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$19.34
Costs to cover
0.218%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; StandX: 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 SunX live order book, 6 min ago1.32 bp5.3 bp −$55.4 bp −$546.9 bp −$6949.6 bp −$4,812
Sell StandX live order book, 1 min ago1.08 bp5.4 bp −$56.4 bp −$6410.6 bp −$1,060doesn'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%43m2,774.6+0.034%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,774.4+0.026%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.298%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,774.4+0.027%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0049%1h2,775.4+0.063%$8.9M$32.8M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,774.8+0.042%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,774.6+0.036%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,778.6+0.179%$879K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,775.1+0.051%$22.4M200xas long as short
Aftermath Perps ETHUSD+0.0010%1h2,777.6+0.144%$29K$22K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0016%8h2,773.7+0.004%$1.21Bas long as short
OKX ETH-USDT-SWAP+0.0020%8h2,773.7+0.001%$1.70B$11.87B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,774.9+0.045%$12.9M200xas long as short
Phemex ETHUSDT+0.0030%8h2,774.3+0.024%$270.4M$69.0M150xas long as short
Aster ETHUSDT+0.0034%8h2,773.8+0.006%$256.5M$1.00B200xas long as short
Bullet ETH-USD+0.0048%1h2,774.1+0.016%$183K$1.7M20xas long as short
SoDEX ETH-USD+0.0049%1h2,774.3+0.024%$55.2M$229.1M40xas long as short
Binance ETHUSDT+0.0062%8h2,773.8+0.005%$6.46B$17.28B150xas long as short
MEXC ETH_USDT+0.0063%8h2,773.8+0.005%$1.59B$2.64B500xas long as short
Aevo ETH-PERP+0.0064%1h2,771.9−0.062%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0067%8h2,774+0.012%$2.10B$3.10B150xas long as short
Deribit ETH-PERPETUAL+0.0067%1h2,775.8+0.078%$259.0M$222.3M50xas long as short
Gate ETH_USDT+0.0071%8h2,774+0.011%$3.29B$9.63B200xas long as short
KuCoin ETHUSDTM+0.0087%8h2,774.3+0.022%$421.6M$739.4M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,775.3+0.058%$60.0M$4.60B50xas long as short
Bybit ETHUSDT+0.0091%8h2,773.8+0.007%$2.51B$4.62B150xas long as short
Vest ETH-PERP+0.0095%1h2,774.7+0.040%$1.1M50xas long as short
HTX ETH-USDT+0.0095%8h2,774.2+0.020%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,774.4+0.029%$116.0M$497.5M50xas long as short
Lighter RH ETH+0.0096%1h2,776+0.085%$25.3M$121.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,774.7+0.040%$42.0M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,773.4−0.010%$15.9M$10.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,774.3+0.024%$477K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,774+0.012%$14.3M$118.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,776.3+0.096%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,774.4+0.027%$31.2M$310.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,773.5−0.005%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,775.4+0.062%$2.8M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.153%$167.7M$256.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774.2+0.018%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,775.8+0.076%$147.4M$335.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,776.7+0.111%$182.3M$783.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.5+0.103%$161.4M$89.5M50xas long as short
StandX ETH-USDshort+0.0100%1h2,775.2+0.056%$21.5M$58.6M40x
Polymarket Perps ETH-USD+0.0100%1h2,774.4+0.027%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,775.2+0.055%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,776.9+0.117%$42.7M$29.4M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,773.6long leg$972K$13.9M100x
Extended ETH-USD+0.0104%1h2,773.9+0.008%$32.7M$78.0M50xas long as short
Kalshi KXETHPERP+0.0117%8h2,775+0.049%$8.3M$684.9M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,775.1+0.054%$86.5M$333.5M100xas long as short
Orderly PERP_ETH_USDC+0.0140%8h2,776.9+0.118%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0182%8h2,774+0.012%$286.4M$194.2M150xas long as short
Reya ETHRUSDPERP+0.0201%1h2,773.8+0.005%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,776.6+0.106%$252K$1.6M20xas long as short