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+0.0116%/8h= +12.7% APRpaid last 24h +0.011%
Price spread now: edgeX against 01 Exchange−0.006%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.006%, 7d avg −0.020%
Together, before fees+0.332%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ETHUSD2,777.2−0.0016get 0.0002% / 1h59m 13s$169K$1.2M50x
ShortedgeX ETHUSDC2,7770.0100get 0.0050% / 4h59m 13s$181.7M$781.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against 01 Exchange. 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
$24.36
Price spread: −0.006% → −0.020%
$1.44
Slippage, 4 orders
−$10.97
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$1.17
Costs to cover
0.270%
Break-even
7.3 days
Slippage from 01 Exchange: live order book, 5 min ago; edgeX: live order book, 5 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 01 Exchange live order book, 5 min ago0.18 bp8.9 bp −$912.2 bp −$122doesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago0.25 bp4.8 bp −$54.8 bp −$484.8 bp −$4835.5 bp −$2,753

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%43m2,777.1−0.004%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,776.3−0.032%$5.7M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,777.3+0.004%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777.4+0.007%$5K$2K50xas long as short
01 Exchange ETHUSDlong−0.0016%1h2,777.2long leg$169K$1.2M50x
Aftermath Perps ETHUSD−0.0004%1h2,776.8−0.015%$29K$22K20xas long as short
Bullet ETH-USD−0.0001%1h2,776.8−0.014%$181K$1.7M20xas long as short
dYdX ETH-USD0.0000%1h2,777.9+0.025%$12.7M$45.9M50xas long as short
Phoenix ETH0.0000%1h2,777.6+0.014%$881K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.7+0.019%$22.4M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0014%8h2,776.7−0.020%$17.4Mas long as short
OKX ETH-USDT-SWAP+0.0018%8h2,776.9−0.010%$1.70B$11.88B100xas long as short
Phemex ETHUSDT+0.0022%8h2,777.1−0.004%$270.5M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,777.7+0.017%$12.9M200xas long as short
Aster ETHUSDT+0.0034%8h2,777.1−0.005%$254.7M$995.7M200xas long as short
Deribit ETH-PERPETUAL+0.0034%1h2,778.5+0.048%$258.7M$222.8M50xas long as short
SoDEX ETH-USD+0.0042%1h2,776.9−0.011%$55.3M$229.0M40xas long as short
ApeX Omni ETHUSDT+0.0058%1h2,777.6+0.013%$8.8M$32.7M100xas long as short
MEXC ETH_USDT+0.0060%8h2,776.9−0.011%$1.60B$2.62B500xas long as short
Binance ETHUSDT+0.0061%8h2,776.8−0.015%$6.44B$17.24B150xas long as short
Aevo ETH-PERP+0.0064%1h2,774.5−0.098%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,776.8−0.015%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0071%8h2,777−0.008%$3.30B$9.55B200xas long as short
HTX ETH-USDT+0.0087%8h2,776.6−0.021%$1.08B$1.32B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,778.1+0.033%$60.1M$4.61B50xas long as short
Bybit ETHUSDT+0.0091%8h2,777−0.006%$2.52B$4.63B150xas long as short
KuCoin ETHUSDTM+0.0092%8h2,776.8−0.014%$423.3M$739.5M100xas long as short
Vest ETH-PERP+0.0095%1h2,777.5+0.010%$1.1M50xas long as short
Lighter ETH+0.0096%1h2,777.3+0.005%$115.3M$491.9M50xas long as short
Lighter RH ETH+0.0096%1h2,778.8+0.059%$25.4M$120.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.8−0.016%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,777.1−0.004%$477K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.5−0.027%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.3+0.076%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,777.7+0.018%$31.2M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.7−0.018%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,778+0.028%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9+0.027%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,778+0.027%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,775.9−0.046%$147.5M$336.8Mas long as short
edgeX ETHUSDCshort+0.0100%4h2,777−0.006%$181.7M$781.3M100x
GRVT ETH_USDT_Perp+0.0100%8h2,776.9−0.011%$161.5M$90.7M50xas long as short
StandX ETH-USD+0.0100%1h2,778.5+0.047%$21.5M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.8+0.022%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,778.1+0.032%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.2+0.073%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.9−0.012%$974K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,776.3−0.031%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,777.4+0.008%$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,778.2+0.035%$86.5M$332.6M100xas long as short
Kalshi KXETHPERP+0.0125%8h2,777.8+0.022%$8.3M$681.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.7+0.091%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0181%8h2,776.8−0.015%$285.0M$195.0M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,776.4−0.029%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,777.5+0.011%$270K$1.5M20xas long as short