ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.022%

Price spread now: StandX against dYdX+0.049%48s7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.260% of the position

Long on dYdX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 7 days−0.100%−$10 · spread now +0.049%, 7d avg +0.023%

Together, before fees−0.184%+ Points / potential airdropStandX: Active · farm board−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.026% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ETH-USD	2,745.7	0	get 0.0000% / 1h	55m 33s	$10.8M	$41.9M	50x
Short	StandX ETH-USD	2,747	0.0100	get 0.0013% / 1h	55m 33s	$21.2M	$69.0M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee StandXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $21
Price spread: +0.049% → +0.023%: $2.61
Slippage, 4 orders: −$7.96
Fee dYdX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$2.35
Costs to cover: 0.260%
Break-even: 7.8 days

Slippage from dYdX: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX live order book, 4 min ago	2.73 bp	7.7 bp −$8	8.7 bp −$87	12.6 bp −$1,262	29.5 bp −$14.7K
Sell StandX live order book, 4 min ago	0.73 bp	4.7 bp −$5	7.6 bp −$76	11.0 bp −$1,099	doesn't fit

ETH on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ETHUSDT	−0.0362%	1h	2,743	−0.096%	$8.7M	$31.1M	100x	as long as short
Perpl ETH	−0.0112%	43m	2,748.1	+0.087%	$306K	$5.6M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,745.2	−0.017%	$5K	$1K	50x	as long as short
Injective ETH/USDC PERP	−0.0044%	1h	2,742.6	−0.111%	$118K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,748.4	+0.099%	$12.1M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,748.4	+0.100%	$847K	$2.9M	25x	as long as short
dYdX ETH-USDlong	0.0000%	1h	2,745.7	long leg	$10.8M	$41.9M	50x
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,747.6	+0.071%	$22.2M	—	200x	as long as short
BingX ETH-USDT	+0.0043%	8h	2,743.7	−0.073%	—	$1.16B	—	as long as short
01 Exchange ETHUSD	+0.0048%	1h	2,744.4	−0.046%	$183K	$925K	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0054%	8h	2,742.8	−0.106%	$1.70B	$10.56B	100x	as long as short
KuCoin ETHUSDTM	+0.0066%	8h	2,744.1	−0.057%	$368.9M	$598.6M	100x	as long as short
Aster ETHUSDT	+0.0075%	8h	2,744.6	−0.040%	$252.3M	$840.8M	200x	as long as short
RISEx ETH/USDC	+0.0077%	1h	2,743.8	−0.066%	$5.7M	$11.2M	25x	as long as short
Aevo ETH-PERP	+0.0080%	1h	2,745.4	−0.011%	$4.9M	$159K	20x	as long as short
MEXC ETH_USDT	+0.0082%	8h	2,744	−0.059%	$1.56B	$2.51B	500x	as long as short
Binance ETHUSDT	+0.0083%	8h	2,743.5	−0.079%	$6.38B	$15.71B	150x	as long as short
HTX ETH-USDT	+0.0091%	8h	2,747.4	+0.064%	$1.06B	$1.18B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,744.5	−0.043%	$112.9M	$430.3M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,746.2	+0.018%	$24.7M	$103.1M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,743.1	−0.092%	—	$30.9M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0096%	1h	2,748	+0.084%	$58.6M	$4.27B	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,748.6	+0.108%	$16.2M	$7.9M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,743.8	−0.067%	$484K	$3.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,748.3	+0.095%	$13.9M	$106.3M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,746.5	+0.031%	$3.12B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,744.8	−0.031%	$31.6M	$334.3M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,743	−0.098%	$2.46B	$4.19B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,744.1	−0.057%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,744.2	−0.052%	$2.7M	$16.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,743.3	−0.086%	$163.1M	$304.4M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,744.2	−0.053%	$3.39B	$8.64B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,743.7	−0.072%	$2.08B	$2.73B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,745.6	−0.004%	$15.0M	$41.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,748	+0.087%	$132.7M	$342.3M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,742.9	−0.100%	$181.7M	$689.5M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,743.2	−0.089%	$159.5M	$81.2M	50x	as long as short
StandX ETH-USDshort	+0.0100%	1h	2,747	+0.049%	$21.2M	$69.0M	40x
Vest ETH-PERP	+0.0100%	1h	2,748.1	+0.088%	—	$819K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,748.9	+0.118%	$10.7M	$8.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,747.9	+0.082%	$183K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,748.1	+0.090%	$21K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,749.2	+0.129%	$41.7M	$29.6M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,748.1	+0.090%	$963K	$11.9M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,747.2	+0.056%	$54.7M	$187.5M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,747.3	+0.058%	$267.4M	$65.2M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,742.9	−0.100%	$30.6M	$72.5M	50x	as long as short
Aftermath Perps ETHUSD	+0.0110%	1h	2,747	+0.048%	$30K	$20K	20x	as long as short
Deribit ETH-PERPETUAL	+0.0129%	1h	2,748.5	+0.105%	$258.9M	$195.6M	50x	as long as short
Kalshi KXETHPERP	+0.0149%	8h	2,747	+0.049%	$7.9M	$670.0M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0183%	8h	2,750.3	+0.169%	$32.3M	$11.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0221%	1h	2,748	+0.085%	$88.1M	$309.3M	100x	as long as short
Reya ETHRUSDPERP	+0.0224%	1h	2,747.8	+0.079%	$7.3M	$1.1M	25x	as long as short
Hibachi ETH/USDT-P	+0.0232%	1h	2,746.5	+0.031%	$250K	$1.4M	20x	as long as short