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+0.0045%/8h= +4.9% APRpaid last 24h +0.007%
Price spread now: StandX against Binance+0.139%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 7 days−0.143%−$14 · spread now +0.139%, 7d avg +0.018%
Together, before fees−0.050%+ Points / potential airdropStandX: Active · farm board−$5 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 StandX is 0.121% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHUSDT2,768.80.0055pay 0.0055% / 8h7h 35m$6.46B$16.38B150x
ShortStandX ETH-USD2,772.60.0100get 0.0013% / 1h35m 21s$21.4M$61.9M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Binance. 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
$9.42
Price spread: +0.139% → +0.018%
$12.07
Slippage, 4 orders
−$5.45
Fee Binance: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$1.95
Costs to cover
0.235%
Break-even
8.4 days
Slippage from Binance: live order book, 9 min ago; StandX: live order book, 4 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 Binance live order book, 9 min ago0.02 bp5.0 bp −$55.4 bp −$546.7 bp −$6668.3 bp −$4,136
Sell StandX live order book, 4 min ago2.71 bp6.7 bp −$78.1 bp −$8110.0 bp −$1,004doesn'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
Injective ETH/USDC PERP−0.0752%1h2,762.9−0.211%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,769.2+0.017%$5.6M$11.3M25xas long as short
Perpl ETH−0.0112%43m2,768.5−0.010%$320K$6.4M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.5+0.172%$5K$1K50xas long as short
Phemex ETHUSDT−0.0059%8h2,772.6+0.140%$269.9M$67.5M150xas long as short
01 Exchange ETHUSD−0.0032%1h2,769.3+0.020%$168K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,771.5+0.099%$876K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771+0.081%$12.2M$45.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.9+0.040%$22.4M200xas long as short
Bullet ETH-USD+0.0023%1h2,768.8+0.002%$183K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0024%8h2,769.3+0.021%$1.71B$11.22B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,769.5+0.027%$12.7M200xas long as short
SoDEX ETH-USD+0.0037%1h2,769.3+0.020%$55.2M$187.9M40xas long as short
Aster ETHUSDT+0.0040%8h2,769.4+0.024%$256.6M$886.7M200xas long as short
MEXC ETH_USDT+0.0055%8h2,768.7−0.002%$1.63B$2.63B500xas long as short
Binance ETHUSDTlong+0.0055%8h2,768.8long leg$6.46B$16.38B150x
Aevo ETH-PERP+0.0056%1h2,766.9−0.068%$5.0M$165K20xas long as short
Aftermath Perps ETHUSD+0.0062%1h2,772.6+0.139%$31K$23K20xas long as short
HTX ETH-USDT+0.0066%8h2,773.3+0.165%$1.08B$1.26B200xas long as short
Bitget ETHUSDT+0.0070%8h2,769.4+0.024%$2.10B$2.89B150xas long as short
Deribit ETH-PERPETUAL+0.0071%1h2,770.7+0.072%$259.1M$207.4M50xas long as short
Gate ETH_USDT+0.0077%8h2,769.2+0.015%$3.35B$8.97B200xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,774.1+0.194%$60.4M$4.46B50xas long as short
KuCoin ETHUSDTM+0.0082%8h2,769.4+0.024%$420.1M$634.7M100xas long as short
Vest ETH-PERP+0.0083%1h2,770.2+0.051%$878K50xas long as short
Lighter ETH+0.0096%1h2,770.4+0.059%$115.2M$457.4M50xas long as short
Lighter RH ETH+0.0096%1h2,772.4+0.132%$25.8M$111.1M50xas long as short
SunX ETH-USDT+0.0098%8h2,771.9+0.112%$973K$13.3M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.3+0.056%$15.9M$8.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.6+0.031%$486K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,769+0.011%$14.8M$114.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.5+0.100%$3.17B$2.24B25xas long as short
Pacifica ETH+0.0100%1h2,770.5+0.065%$31.3M$323.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,769.6+0.029%$2.50B$4.39B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.8+0.038%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.1+0.048%$2.7M$17.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.8+0.039%$171.6M$277.9M25xas long as short
BingX ETH-USDC+0.0100%8h2,770+0.047%$17.4Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,772.5+0.136%$15.2M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,772.3+0.127%$142.1M$343.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,773+0.152%$182.0M$786.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,771.5+0.098%$161.2M$84.7M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,772.1+0.121%$8.7M$32.2M100xas long as short
StandX ETH-USDshort+0.0100%1h2,772.6+0.139%$21.4M$61.9M40x
Polymarket Perps ETH-USD+0.0100%1h2,768.8+0.002%$10.6M$7.9M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.2+0.053%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,771.4+0.096%$42.6M$29.0M15xas long as short
Extended ETH-USD+0.0104%1h2,768.8+0.002%$31.3M$74.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,769.7+0.033%$37.0M500xas long as short
Kalshi KXETHPERP+0.0108%8h2,774.4+0.204%$8.1M$684.0M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,770.5+0.064%$93.3M$317.0M100xas long as short
Orderly PERP_ETH_USDC+0.0149%8h2,772+0.118%$32.6M$11.3M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,773.9+0.185%$253K$1.5M20xas long as short
BloFin ETH-USDT+0.0175%8h2,773.9+0.187%$288.3M$186.4M150xas long as short
Reya ETHRUSDPERP+0.0210%1h2,768.9+0.004%$7.3M$1.2M25xas long as short