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 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: StandX against Vest+0.021%7-day average −0.008% · 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)+0.016%+$2 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.021%, 7d avg −0.008%
Together, before fees−0.013%+ Points / potential airdropVest: Active · StandX: Active · farm board−$1 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 0.029% dearer against Vest than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest ETH-PERP2,7700.0096pay 0.0012% / 1h5m 43s$1.1M50x
ShortStandX ETH-USD2,770.60.0100get 0.0013% / 1h5m 43s$21.4M$58.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Vest. 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
$0.74
Price spread: +0.021% → −0.008%
$2.93
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee StandX: 4 bp × 2 orders
−$8
Net
−$6.33
Costs to cover
0.100%
Break-even
66.9 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample
Sell StandX live order book, 3 min ago0.90 bp4.9 bp −$58.5 bp −$8511.7 bp −$1,170doesn't fit
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0223%43m2,770.7+0.025%$285K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,769.7−0.012%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.285%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.5−0.018%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0016%1h2,769.8−0.007%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,770.1+0.003%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,769.6−0.015%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.5+0.054%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.5−0.018%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0021%8h2,769.1−0.033%$1.71B$11.87B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,769.3−0.024%$12.8M200xas long as short
Aftermath Perps ETHUSD+0.0028%1h2,771.3+0.047%$29K$22K20xas long as short
SoDEX ETH-USD+0.0029%1h2,768.9−0.040%$55.1M$228.8M40xas long as short
Phemex ETHUSDT+0.0030%8h2,769.8−0.006%$270.0M$68.7M150xas long as short
Aster ETHUSDT+0.0032%8h2,769.5−0.017%$255.6M$1.00B200xas long as short
Bullet ETH-USD+0.0036%1h2,768.4−0.058%$181K$1.7M20xas long as short
Binance ETHUSDT+0.0055%8h2,768.7−0.049%$6.45B$17.30B150xas long as short
MEXC ETH_USDT+0.0055%8h2,769−0.036%$1.62B$2.66B500xas long as short
Aevo ETH-PERP+0.0056%1h2,767.7−0.084%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,769.3−0.026%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0067%8h2,769.2−0.031%$3.29B$9.70B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,769.1−0.032%$420.8M$738.6M100xas long as short
Bybit ETHUSDT+0.0088%8h2,768.8−0.043%$2.50B$4.62B150xas long as short
BingX ETH-USDC+0.0088%8h2,768.5−0.055%$17.5Mas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,770.9+0.033%$60.2M$4.59B50xas long as short
HTX ETH-USDT+0.0093%8h2,769.2−0.028%$1.08B$1.32B200xas long as short
Deribit ETH-PERPETUAL+0.0093%1h2,770.6+0.020%$259.1M$222.2M50xas long as short
Nado ETH-PERP+0.0095%1h2,769.4−0.021%$14.3M$118.2M50xas long as short
Lighter ETH+0.0096%1h2,769−0.036%$115.0M$501.8M50xas long as short
Lighter RH ETH+0.0096%1h2,770.6+0.020%$25.3M$122.1M50xas long as short
Vest ETH-PERPlong+0.0096%1h2,770long leg$1.1M50x
Paradex ETH-USD-PERP+0.0099%8h2,768.7−0.048%$15.9M$10.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.2−0.029%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.8+0.065%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,769.3−0.024%$31.2M$316.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.2−0.029%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.3+0.012%$2.7M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.4−0.022%$169.4M$262.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.9−0.006%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5−0.053%$148.3M$337.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,769.4−0.022%$181.8M$784.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.9+0.033%$161.1M$89.5M50xas long as short
StandX ETH-USDshort+0.0100%1h2,770.6+0.021%$21.4M$58.7M40x
Polymarket Perps ETH-USD+0.0100%1h2,769.6−0.015%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.8−0.009%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,769−0.037%$972K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,771.2+0.045%$42.7M$29.4M15xas long as short
Kalshi KXETHPERP+0.0103%8h2,770.6+0.021%$8.2M$688.2M4.9xas long as short
Extended ETH-USD+0.0104%1h2,768.8−0.044%$32.5M$78.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.3+0.048%$43.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,771.1+0.041%$90.4M$338.2M100xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,771.5+0.054%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0175%8h2,770.1+0.005%$286.5M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0205%1h2,768.4−0.056%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,773+0.108%$252K$1.6M20xas long as short