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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.039%
Price spread now: SoDEX against Aftermath Perps−0.119%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.119% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ETHUSD2,772.50.0006pay 0.0001% / 1h5m 11s$29K$22K20x
ShortSoDEX ETH-USD2,769.20.0100get 0.0013% / 1h5m 11s$55.1M$228.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aftermath Perps. 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
$19.8
Price spread: −0.119% → 0.000%
−$11.94
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$9.14
Costs to cover
0.170%
Break-even
10.2 days
Slippage unknown: Aftermath Perps: no order-book sample; SoDEX: 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 Aftermath Perps no order-book sample
Sell SoDEX live order book, 4 min ago0.18 bp4.2 bp −$44.2 bp −$425.9 bp −$58929.8 bp −$14.9K
Aftermath 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
Perpl ETH−0.0112%43m2,769.3−0.117%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.133%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.9−0.094%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,769.5−0.109%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,770.9−0.058%$884K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,769.7−0.100%$5.7M$12.0M25xas long as short
dYdX ETH-USD0.0000%1h2,770.4−0.078%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSDlong+0.0006%1h2,772.5long leg$29K$22K20x
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.1−0.086%$22.4M200xas long as short
BingX ETH-USDT+0.0018%8h2,769.2−0.119%$1.18Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETH-PERPETUAL+0.0021%1h2,770.8−0.062%$258.5M$225.1M50xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,769.1−0.123%$1.71B$11.88B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,770.1−0.086%$13.2M200xas long as short
Phemex ETHUSDT+0.0031%8h2,769.8−0.097%$266.8M$66.0M150xas long as short
ApeX Omni ETHUSDT+0.0031%1h2,771−0.053%$8.7M$32.6M100xas long as short
Aster ETHUSDT+0.0033%8h2,769−0.127%$256.1M$995.6M200xas long as short
Aevo ETH-PERP+0.0048%1h2,767.2−0.192%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0051%8h2,769.2−0.119%$1.59B$2.69B500xas long as short
Binance ETHUSDT+0.0051%8h2,769.2−0.119%$6.43B$17.23B150xas long as short
Bitget ETHUSDT+0.0075%8h2,769−0.128%$2.10B$3.13B150xas long as short
Gate ETH_USDT+0.0076%8h2,769.3−0.118%$3.28B$9.70B200xas long as short
Bullet ETH-USD+0.0076%1h2,769.2−0.120%$183K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,769.9−0.095%$114.6M$515.7M50xas long as short
Lighter RH ETH+0.0096%1h2,771.2−0.047%$25.4M$123.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,770.5−0.072%$41.8M500xas long as short
HTX ETH-USDT+0.0098%8h2,769.1−0.122%$1.08B$1.32B200xas long as short
Variational Omni ETH+0.0098%8h2,768.9−0.129%$141.0M$320.9Mas long as short
Paradex ETH-USD-PERP+0.0100%8h2,769.1−0.122%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.9−0.094%$485K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,769.1−0.122%$15.2M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.3−0.044%$3.19B$2.40B25xas long as short
Pacifica ETH+0.0100%1h2,769.9−0.094%$31.2M$291.4M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.1−0.122%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.2−0.119%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.4−0.042%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6−0.071%$164.9M$252.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,769.3−0.117%$421.9M$742.0M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.8−0.099%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,770.8−0.060%$179.5M$782.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.4−0.038%$161.2M$97.3M50xas long as short
StandX ETH-USD+0.0100%1h2,770.7−0.065%$21.4M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,770.2−0.085%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.8−0.062%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.4−0.076%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,771.8−0.026%$42.6M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,768.6−0.141%$971K$14.1M100xas long as short
SoDEX ETH-USDshort+0.0100%1h2,769.2−0.119%$55.1M$228.6M40x
Extended ETH-USD+0.0104%1h2,768.7−0.137%$31.4M$75.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,770.6−0.069%$59.8M$4.62B50xas long as short
Kalshi KXETHPERP+0.0109%8h2,770.3−0.080%$8.5M$674.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,772.3−0.006%$32.5M$12.0M100xas long as short
BloFin ETH-USDT+0.0171%8h2,769.2−0.119%$285.8M$195.5M150xas long as short
Reya ETHRUSDPERP+0.0185%1h2,769.2−0.120%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,770.4−0.076%$86.1M$331.7M100xas long as short
Hibachi ETH/USDT-P+0.0472%1h2,771.5−0.037%$282K$1.5M20xas long as short