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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.001%
Price spread now: StandX against Coinbase International−0.033%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.033%, 7d avg −0.021%
Together, before fees+0.007%+ Points / potential airdropStandX: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ETH-PERP-INTX2,718.90.0104pay 0.0013% / 1h31m 14s$49.7M$4.28B50x
ShortStandX ETH-USD2,7180.0100get 0.0013% / 1h31m 14s$20.9M$71.3M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Coinbase International. 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
−$0.84
Price spread: −0.033% → −0.021%
−$1.19
Slippage, 4 orders
−$2.61
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$22.64
Costs to cover
0.206%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; StandX: live order book, 3 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 Coinbase International live order book, 3 min ago0.02 bp5.0 bp −$55.0 bp −$506.8 bp −$68023.4 bp −$11.7K
Sell StandX live order book, 3 min ago0.74 bp5.8 bp −$67.9 bp −$7910.6 bp −$1,063doesn'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
Perpl ETH−0.0447%43m2,718.1−0.029%$282K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,718.2−0.025%$5K$1K50xas long as short
HTX ETH-USDT−0.0011%8h2,717−0.070%$1.05B$1.21B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,717.6−0.047%$11.9M200xas long as short
Phoenix ETH−0.0009%1h2,719.2+0.011%$814K$3.0M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0008%1h2,717.8−0.040%$30.4M200xas long as short
Injective ETH/USDC PERP+0.0009%1h2,720.2+0.048%$117K$22.5M52xas long as short
dYdX ETH-USD+0.0010%1h2,719+0.004%$10.7M$42.0M50xas long as short
Deribit ETH-PERPETUAL+0.0026%1h2,718.6−0.012%$258.7M$206.2M50xas long as short
01 Exchange ETHUSD+0.0032%1h2,719.2+0.011%$187K$789K50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0033%8h2,718.2−0.027%$1.14Bas long as short
Bybit ETHUSDT+0.0042%8h2,717.9−0.036%$2.35B$4.41B150xas long as short
SunX ETH-USDT+0.0068%8h2,716.9−0.074%$952K$11.2M100xas long as short
ApeX Omni ETHUSDT+0.0069%1h2,717.6−0.049%$8.6M$31.3M100xas long as short
Bullet ETH-USD+0.0070%1h2,717.5−0.051%$180K$1.7M20xas long as short
Aftermath Perps ETHUSD+0.0072%1h2,721.3+0.088%$30K$20K20xas long as short
KuCoin ETHUSDTM+0.0076%8h2,717.6−0.047%$374.2M$577.8M100xas long as short
Aster ETHUSDT+0.0084%8h2,718.1−0.029%$251.5M$843.6M200xas long as short
Aevo ETH-PERP+0.0088%1h2,715−0.142%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0091%8h2,718.1−0.028%$1.56B$2.58B500xas long as short
Binance ETHUSDT+0.0091%8h2,718−0.032%$6.29B$16.07B150xas long as short
OKX ETH-USDT-SWAP+0.0092%8h2,718.1−0.029%$1.66B$10.77B100xas long as short
Lighter ETH+0.0096%1h2,718.4−0.019%$111.4M$432.9M50xas long as short
Lighter RH ETH+0.0096%1h2,719.3+0.015%$23.3M$103.2M50xas long as short
Phemex ETHUSDT+0.0098%8h2,718−0.035%$262.7M$64.2M150xas long as short
Katana Perps ETH-USD+0.0100%8h2,718.4−0.018%$497K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,721+0.076%$15.2M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,717.6−0.047%$13.8M$105.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,720.4+0.056%$3.08B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,719.5+0.022%$31.8M$334.4M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,717.9−0.036%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,718.9+0.001%$1.5M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,719+0.003%$161.7M$327.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,718.3−0.021%$3.30B$8.95B200xas long as short
Bitget ETHUSDT+0.0100%8h2,718−0.032%$2.07B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,717.4−0.054%$14.9M$43.1M50xas long as short
Variational Omni ETH+0.0100%8h2,723.2+0.160%$133.0M$326.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,717.4−0.056%$184.0M$676.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,718.3−0.021%$158.2M$87.0M50xas long as short
StandX ETH-USDshort+0.0100%1h2,718−0.033%$20.9M$71.3M40x
Vest ETH-PERP+0.0100%1h2,719.4+0.018%$876K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,719.4+0.019%$11.1M$9.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,718.2−0.024%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,718.6−0.009%$40.7M$30.1M15xas long as short
SoDEX ETH-USD+0.0100%1h2,717.6−0.047%$54.1M$187.8M40xas long as short
Extended ETH-USD+0.0104%1h2,716.6−0.084%$30.5M$74.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,717.8−0.041%$31.3M500xas long as short
Coinbase International ETH-PERP-INTXlong+0.0104%1h2,718.9long leg$49.7M$4.28B50x
RISEx ETH/USDC+0.0108%1h2,719+0.005%$5.5M$11.8M25xas long as short
Kalshi KXETHPERP+0.0157%8h2,718.7−0.007%$6.5M$691.7M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0177%1h2,718.2−0.025%$82.7M$315.7M100xas long as short
Orderly PERP_ETH_USDC+0.0189%8h2,719.7+0.031%$32.0M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0201%1h2,717.2−0.064%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,720.7+0.067%$248K$1.4M20xas long as short
BloFin ETH-USDT+0.0293%8h2,717.6−0.046%$281.2M$173.8M150xas long as short