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

ETH

all ETH markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 02:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: StandX against Hotstuff−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on HotstuffShort on StandX
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 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropHotstuff: Active · StandX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ETH-PERP2,747.2−0.0080get 0.0010% / 1h4m 25s$5K$1K50x
ShortStandX ETH-USD2,746.70.0100get 0.0013% / 1h4m 25s$21.2M$69.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Hotstuff. 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
$37.8
Price spread: −0.018% → 0.000%
−$1.82
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
$22.98
Costs to cover
0.130%
Break-even
2.7 days
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 5 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 Hotstuff no order-book sample—————
Sell StandX live order book, 5 min ago1.28 bp5.6 bp −$68.0 bp −$8011.8 bp −$1,176doesn't fit
Hotstuff: 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 54 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%43m2,749.2+0.071%$311K$5.7M8.3xas long as short
Hotstuff ETH-PERPlong−0.0080%1h2,747.2long leg$5K$1K50x
RISEx ETH/USDC−0.0071%1h2,749.9+0.099%$5.7M$11.2M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,749.1+0.068%$12.1M—200xas long as short
Phoenix ETH−0.0006%1h2,748.4+0.044%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,749.4+0.080%$10.8M$42.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,749.3+0.075%$22.2M—200xas long as short
01 Exchange ETHUSD+0.0040%1h2,750+0.102%$182K$999K50xas long as short
BingX ETH-USDC+0.0041%8h2,748.4+0.045%—$18.5M—as long as short
OKX ETH-USDT-SWAP+0.0052%8h2,749.1+0.069%$1.70B$10.79B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0067%8h2,748.9+0.063%$369.9M$605.2M100xas long as short
Aster ETHUSDT+0.0071%8h2,748.5+0.048%$253.2M$849.8M200xas long as short
HTX ETH-USDT+0.0075%8h2,746.8−0.013%$1.06B$1.19B200xas long as short
ApeX Omni ETHUSDT+0.0077%1h2,745.4−0.065%$8.7M$31.4M100xas long as short
MEXC ETH_USDT+0.0080%8h2,749.1+0.070%$1.59B$2.59B500xas long as short
Aevo ETH-PERP+0.0080%1h2,744.6−0.094%$4.9M$167K20xas long as short
Binance ETHUSDT+0.0081%8h2,749.1+0.069%$6.39B$15.98B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,747.9+0.027%$58.7M$4.31B50xas long as short
Lighter ETH+0.0096%1h2,749.5+0.083%$113.2M$445.4M50xas long as short
Lighter RH ETH+0.0096%1h2,749.7+0.092%$24.8M$108.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,749.2+0.074%—$31.6M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,752.3+0.187%$16.2M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,749+0.066%$477K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,747.6+0.013%$14.0M$108.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,751.4+0.153%$3.13B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,749.6+0.087%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,749.3+0.075%$2.47B$4.24B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,748.8+0.058%$2.7M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,750+0.100%$2.8M$16.4M25xas long as short
Gate ETH_USDT+0.0100%8h2,749.9+0.096%$3.40B$8.95B200xas long as short
Bitget ETHUSDT+0.0100%8h2,749.2+0.071%$2.08B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,745.9−0.047%$15.0M$41.5M50xas long as short
Variational Omni ETH+0.0100%8h2,746.2−0.038%$132.8M$343.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,745.3−0.071%$181.9M$700.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,743.3−0.142%$159.5M$82.2M50xas long as short
StandX ETH-USDshort+0.0100%1h2,746.7−0.018%$21.2M$69.1M40x
Vest ETH-PERP+0.0100%1h2,749.6+0.086%—$849K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,749.7+0.091%$10.7M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,748.3+0.041%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,747−0.008%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,748.7+0.053%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.3−0.033%$963K$12.1M100xas long as short
SoDEX ETH-USD+0.0100%1h2,746.8−0.015%$54.7M$187.7M40xas long as short
Phemex ETHUSDT+0.0100%8h2,746.9−0.009%$267.5M$65.8M150xas long as short
Bulk ETH-USD+0.0100%1h2,746.2−0.035%$164.3M$302.6M25xas long as short
Aftermath Perps ETHUSD+0.0103%1h2,747.1−0.003%$30K$20K20xas long as short
Extended ETH-USD+0.0104%1h2,748.9+0.063%$30.6M$73.2M50xas long as short
Kalshi KXETHPERP+0.0148%8h2,747.20.000%$7.8M$672.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0179%8h2,749.4+0.079%$32.3M$11.1M100xas long as short
Deribit ETH-PERPETUAL+0.0201%1h2,748.3+0.041%$258.9M$198.1M50xas long as short
Injective ETH/USDC PERP+0.0209%1h2,744.7−0.091%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0223%1h2,748.7+0.055%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,748.2+0.036%$250K$1.5M20xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,747.7+0.017%$88.2M$315.1M100xas long as short