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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: Ondo Perps against Aevo+0.121%7-day average +0.041% · 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 7 days+0.098%+$10 on $10k
Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.121%, 7d avg +0.041%
Together, before fees+0.015%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.079% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETH-PERP2,766.90.0056pay 0.0007% / 1h34m 35s$5.0M$165K20x
ShortOndo Perps ETH-USD.P2,770.20.0100get 0.0013% / 1h34m 35s$2.8M$16.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
$9.24
Price spread: +0.121% → +0.041%
$7.94
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.82
Costs to cover
0.210%
Break-even
9.9 days
Slippage unknown: Aevo: live order book, 5 min ago; Ondo Perps: no order-book sample. 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 Aevo live order book, 5 min ago4.66 bp24.0 bp −$2434.3 bp −$34353.0 bp −$5,300doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Injective ETH/USDC PERP−0.0752%1h2,762.9−0.143%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,770.8+0.143%$5.6M$11.3M25xas long as short
Perpl ETH−0.0112%43m2,768.5+0.058%$320K$6.4M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771+0.150%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0040%1h2,770.3+0.124%$168K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,771.5+0.168%$876K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771+0.149%$12.2M$45.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.9+0.109%$22.4M200xas long as short
Phemex ETHUSDT+0.0009%8h2,768.8+0.070%$269.5M$67.4M150xas long as short
Bullet ETH-USD+0.0023%1h2,768.8+0.070%$183K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0024%8h2,770.4+0.126%$1.71B$11.21B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,769.5+0.095%$12.7M200xas long as short
SoDEX ETH-USD+0.0037%1h2,769.3+0.088%$55.2M$187.9M40xas long as short
Aster ETHUSDT+0.0039%8h2,769.9+0.111%$256.6M$886.5M200xas long as short
Binance ETHUSDT+0.0054%8h2,770.1+0.117%$6.47B$16.39B150xas long as short
MEXC ETH_USDT+0.0055%8h2,770+0.112%$1.63B$2.63B500xas long as short
Aevo ETH-PERPlong+0.0056%1h2,766.9long leg$5.0M$165K20x
HTX ETH-USDT+0.0062%8h2,769.1+0.080%$1.08B$1.26B200xas long as short
Aftermath Perps ETHUSD+0.0062%1h2,772.6+0.207%$31K$23K20xas long as short
Bitget ETHUSDT+0.0071%8h2,770.4+0.128%$2.10B$2.88B150xas long as short
Deribit ETH-PERPETUAL+0.0071%1h2,770.7+0.140%$259.1M$207.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,770.2+0.121%$60.3M$4.45B50xas long as short
KuCoin ETHUSDTM+0.0082%8h2,770.6+0.137%$420.1M$633.5M100xas long as short
Vest ETH-PERP+0.0083%1h2,770.2+0.119%$878K50xas long as short
Gate ETH_USDT+0.0089%8h2,770.3+0.126%$3.35B$8.97B200xas long as short
Lighter ETH+0.0096%1h2,770.7+0.139%$115.2M$457.5M50xas long as short
Lighter RH ETH+0.0096%1h2,772.1+0.189%$25.8M$111.2M50xas long as short
SunX ETH-USDT+0.0098%8h2,771.9+0.180%$973K$13.3M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.8+0.141%$15.9M$8.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.4+0.128%$486K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,769+0.079%$14.8M$114.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.5+0.204%$3.17B$2.24B25xas long as short
Pacifica ETH+0.0100%1h2,770.7+0.139%$31.3M$323.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.4+0.129%$2.51B$4.38B150xas long as short
Ondo Perps ETH-USD.Pshort+0.0100%1h2,770.2+0.121%$2.8M$16.7M25x
Arcus ETH-USD+0.0100%1h2,771.4+0.164%$2.8M$17.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.8+0.107%$171.6M$277.9M25xas long as short
BingX ETH-USDC+0.0100%8h2,770.5+0.132%$17.4Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.3+0.124%$15.2M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,772.3+0.196%$142.1M$343.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,773+0.220%$182.0M$786.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.5+0.166%$161.2M$84.7M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,772.1+0.189%$8.7M$32.2M100xas long as short
StandX ETH-USD+0.0100%1h2,772.6+0.207%$21.4M$61.9M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,768.8+0.070%$10.6M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.2+0.121%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,771.4+0.164%$42.6M$29.0M15xas long as short
Extended ETH-USD+0.0104%1h2,769.8+0.107%$30.9M$74.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769.7+0.101%$37.0M500xas long as short
Kalshi KXETHPERP+0.0108%8h2,770.6+0.135%$7.9M$683.6M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,770.5+0.132%$93.3M$317.0M100xas long as short
Orderly PERP_ETH_USDC+0.0149%8h2,772+0.186%$32.6M$11.3M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,773.9+0.253%$253K$1.5M20xas long as short
BloFin ETH-USDT+0.0175%8h2,768.4+0.057%$287.6M$185.9M150xas long as short
Reya ETHRUSDPERP+0.0210%1h2,768.9+0.072%$7.3M$1.2M25xas long as short