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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Variational Omni+0.008%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.008%, 7d avg −0.016%
Together, before fees−0.205%+ Points / potential airdropVariational Omni: Active · farm board−$20 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: SunX is 0.024% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETH2,7320.0100pay 0.0100% / 8h4h 04m$133.7M$324.6M
ShortSunX ETH-USDT2,732.20.0100get 0.0100% / 8h4h 04m$958K$11.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +0.008% → −0.016%
$2.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.63
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; SunX: live order book, 4 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, 4 min ago0.47 bpdoesn't fit1.5 bp −$154.1 bp −$406doesn't fit
Sell SunX live order book, 4 min ago5.60 bp36.5 bp −$37doesn't fitdoesn'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%43m2,733.1+0.041%$297K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,734.2+0.081%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,733.1+0.041%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,733.6+0.058%$11.9M200xas long as short
01 Exchange ETHUSD0.0000%1h2,733.8+0.066%$187K$821K50xas long as short
Phoenix ETH0.0000%1h2,733.9+0.070%$826K$2.9M25xas long as short
dYdX ETH-USD0.0000%1h2,733+0.037%$10.7M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,733.6+0.061%$28.1M200xas long as short
Bullet ETH-USD+0.0014%1h2,733.3+0.048%$178K$1.7M20xas long as short
HTX ETH-USDT+0.0021%8h2,732.3+0.012%$1.06B$1.20B200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0044%8h2,732.8+0.030%$18.5Mas long as short
Bybit ETHUSDT+0.0055%8h2,733.1+0.041%$2.38B$4.35B150xas long as short
ApeX Omni ETHUSDT+0.0063%1h2,732.3+0.010%$8.7M$31.3M100xas long as short
KuCoin ETHUSDTM+0.0066%8h2,733.4+0.052%$380.3M$573.5M100xas long as short
OKX ETH-USDT-SWAP+0.0074%8h2,733.1+0.040%$1.67B$10.71B100xas long as short
Phemex ETHUSDT+0.0081%8h2,733.2+0.044%$265.6M$65.2M150xas long as short
Aster ETHUSDT+0.0085%8h2,733.5+0.055%$251.0M$841.9M200xas long as short
MEXC ETH_USDT+0.0094%8h2,733.4+0.053%$1.55B$2.57B500xas long as short
Binance ETHUSDT+0.0095%8h2,733.4+0.052%$6.35B$15.88B150xas long as short
Lighter ETH+0.0096%1h2,733.6+0.059%$112.8M$441.8M50xas long as short
Lighter RH ETH+0.0096%1h2,734.8+0.103%$23.5M$106.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,733.1+0.042%$30.9M500xas long as short
Aevo ETH-PERP+0.0096%1h2,730.8−0.042%$4.9M$155K20xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,737.3+0.194%$15.5M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,734+0.075%$5.6M$11.7M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,733.1+0.041%$499K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,733.3+0.048%$13.6M$104.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,735.6+0.132%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,734.3+0.083%$32.0M$335.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,732.7+0.026%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,733.9+0.071%$1.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,733.5+0.055%$3.34B$8.93B200xas long as short
Bitget ETHUSDT+0.0100%8h2,733.4+0.052%$2.07B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,732.1+0.003%$15.0M$39.6M50xas long as short
Variational Omni ETHlong+0.0100%8h2,732long leg$133.7M$324.6M
edgeX ETHUSDC+0.0100%4h2,732.4+0.014%$183.8M$670.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,733.6+0.058%$159.0M$86.4M50xas long as short
StandX ETH-USD+0.0100%1h2,733.5+0.055%$21.1M$68.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,734.2+0.081%$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,735+0.110%$11.2M$9.3M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,733.5+0.056%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,735+0.109%$41.3M$29.8M15xas long as short
SunX ETH-USDTshort+0.0100%8h2,732.2+0.008%$958K$11.3M100x
SoDEX ETH-USD+0.0100%1h2,733.2+0.044%$54.4M$187.6M40xas long as short
Bulk ETH-USD+0.0100%1h2,732.6+0.023%$165.4M$300.2M25xas long as short
Extended ETH-USD+0.0104%1h2,732.5+0.018%$30.4M$72.8M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,734.3+0.083%$51.3M$4.27B50xas long as short
Aftermath Perps ETHUSD+0.0118%1h2,734+0.075%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0131%8h2,733.4+0.052%$6.7M$678.6M4.9xas long as short
Deribit ETH-PERPETUAL+0.0149%1h2,734.7+0.097%$259.6M$196.3M50xas long as short
Orderly PERP_ETH_USDC+0.0197%8h2,735.6+0.132%$32.2M$11.7M100xas long as short
Reya ETHRUSDPERP+0.0217%1h2,732.8+0.030%$7.3M$1.2M25xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,733.9+0.070%$83.2M$314.8M100xas long as short
Hibachi ETH/USDT-P+0.0280%1h2,734+0.073%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0378%8h2,733.5+0.054%$283.3M$175.7M150xas long as short