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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 22:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h 0.000%
Price spread now: StandX against Variational Omni+0.001%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on StandX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.012%+$1 on $10k
Price spread, last 7 days+0.009%+$1 · spread now +0.001%, 7d avg +0.013%
Together, before fees+0.021%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETH2,776.80.0096pay 0.0096% / 8h2h 16m$141.1M$320.7M—
ShortStandX ETH-USD2,776.80.0100get 0.0013% / 1h16m 12s$21.4M$57.8M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Variational Omni. 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
$0.88
Price spread: +0.001% → +0.013%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$8.26
Costs to cover
0.080%
Break-even
72.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; StandX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago0.47 bpdoesn't fit0.5 bp −$50.9 bp −$90doesn't fit
Sell StandX live order book, 3 min ago0.90 bp5.9 bp −$68.6 bp −$8611.3 bp −$1,132doesn'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−0.0112%43m2,777.6+0.029%$290K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6−0.006%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.2+0.052%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,777.9+0.041%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2+0.052%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,777.8+0.038%$5.8M$11.7M25xas long as short
Aftermath Perps ETHUSD0.0000%1h2,776.7−0.003%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,779.8+0.110%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,776.8+0.001%$22.4M—200xas long as short
Phemex ETHUSDT+0.0014%8h2,776.4−0.014%$267.4M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,775.7−0.039%$1.71B$11.91B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,777.2+0.015%$13.2M—200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,777.7+0.033%$8.8M$32.6M100xas long as short
Aster ETHUSDT+0.0040%8h2,776.8+0.002%$256.8M$995.5M200xas long as short
Deribit ETH-PERPETUAL+0.0042%1h2,777.9+0.039%$258.5M$225.0M50xas long as short
Aevo ETH-PERP+0.0048%1h2,774.9−0.067%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0050%8h2,776−0.027%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0050%8h2,776.2−0.020%$6.44B$17.23B150xas long as short
Gate ETH_USDT+0.0075%8h2,776.2−0.021%$3.28B$9.68B200xas long as short
Bitget ETHUSDT+0.0075%8h2,775.6−0.041%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,776.4−0.013%$184K$1.8M20xas long as short
Variational Omni ETHlong+0.0096%8h2,776.8long leg$141.1M$320.7M—
Lighter ETH+0.0096%1h2,776.9+0.005%$115.2M$514.7M50xas long as short
Lighter RH ETH+0.0096%1h2,778.2+0.053%$25.4M$123.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,776.9+0.006%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,779.1+0.085%$16.0M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778+0.045%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,778.9+0.076%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,778.7+0.070%$3.20B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,779.6+0.102%$31.4M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,775.7−0.038%$2.52B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777+0.009%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,779.6+0.100%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1+0.048%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,776.3−0.016%$422.8M$741.8M100xas long as short
BingX ETH-USDC+0.0100%8h2,776−0.027%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.2−0.019%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,775.9−0.029%$179.9M$794.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.040%$161.4M$97.4M50xas long as short
StandX ETH-USDshort+0.0100%1h2,776.8+0.001%$21.4M$57.8M40x
Polymarket Perps ETH-USD+0.0100%1h2,778.4+0.059%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.5+0.025%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.6+0.065%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,778.3+0.054%$974K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,776.2−0.020%$55.3M$228.5M40xas long as short
HTX ETH-USDT+0.0100%8h2,776−0.027%$1.08B$1.32B200xas long as short
Vest ETH-PERP+0.0100%1h2,778.2+0.050%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,775.6−0.041%$31.4M$75.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.6+0.031%$60.0M$4.63B50xas long as short
Kalshi KXETHPERP+0.0121%8h2,779.8+0.109%$8.5M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.2+0.089%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0170%8h2,778.9+0.077%$284.7M$196.1M150xas long as short
Reya ETHRUSDPERP+0.0184%1h2,776.6−0.005%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,777.5+0.028%$86.8M$330.9M100xas long as short
Hibachi ETH/USDT-P+0.0448%1h2,780+0.115%$282K$1.5M20xas long as short