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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: SunX against HTX−0.019%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.019%, 7d avg −0.002%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,770.30.0100pay 0.0100% / 8h2h 10m$1.08B$1.32B200x
ShortSunX ETH-USDT2,769.80.0100get 0.0100% / 8h2h 10m$971K$14.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against HTX. 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
$0.08
Price spread: −0.019% → −0.002%
−$1.7
Slippage, 4 orders
−$3.35
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$24.97
Costs to cover
0.233%
Break-even
2275.9 days
Slippage from HTX: live order book, 3 min ago; SunX: live order book, 8 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 HTX live order book, 3 min ago0.02 bp6.0 bp −$66.0 bp −$607.5 bp −$74812.0 bp −$6,002
Sell SunX live order book, 8 min ago1.66 bp5.7 bp −$65.8 bp −$587.4 bp −$7359.3 bp −$4,672

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%43m2,770.7+0.013%$289K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.2+0.212%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.1+0.028%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,771.1+0.028%$171K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,775.9+0.201%$886K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,771+0.025%$5.8M$11.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771.7+0.051%$12.7M$45.5M50xas long as short
Aftermath Perps ETHUSD+0.0004%1h2,775.1+0.171%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,771.3+0.035%$22.4M200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,770.3−0.002%$1.71B$11.89B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0026%8h2,770.8+0.016%$266.9M$66.1M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,771.2+0.032%$13.2M200xas long as short
Aster ETHUSDT+0.0034%8h2,770.4+0.004%$256.2M$995.6M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,775.9+0.200%$8.8M$32.7M100xas long as short
Aevo ETH-PERP+0.0048%1h2,768.5−0.067%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0051%8h2,770.7+0.013%$6.44B$17.23B150xas long as short
MEXC ETH_USDT+0.0051%8h2,770.7+0.014%$1.59B$2.69B500xas long as short
Deribit ETH-PERPETUAL+0.0057%1h2,772.1+0.064%$258.5M$225.1M50xas long as short
Gate ETH_USDT+0.0075%8h2,770.9+0.019%$3.28B$9.69B200xas long as short
Bitget ETHUSDT+0.0075%8h2,770.5+0.007%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,770.5+0.006%$183K$1.8M20xas long as short
Lighter ETH+0.0096%1h2,771.2+0.033%$114.7M$515.2M50xas long as short
Lighter RH ETH+0.0096%1h2,772.5+0.080%$25.3M$123.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,771.5+0.042%$41.7M500xas long as short
Variational Omni ETH+0.0098%8h2,776.8+0.235%$141.1M$320.7Mas long as short
HTX ETH-USDTlong+0.0100%8h2,770.3long leg$1.08B$1.32B200x
Paradex ETH-USD-PERP+0.0100%8h2,770.2−0.005%$15.9M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771+0.025%$486K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.2−0.005%$15.2M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,773.1+0.100%$3.19B$2.40B25xas long as short
Pacifica ETH+0.0100%1h2,771+0.025%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.5+0.006%$2.51B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.9−0.015%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,772.6+0.081%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6+0.008%$164.9M$252.7M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,770.7+0.013%$422.0M$742.2M100xas long as short
BingX ETH-USDT+0.0100%8h2,770.6+0.010%$1.18Bas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770.8+0.016%$15.4M$42.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,776.1+0.208%$179.9M$795.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,772.7+0.085%$161.3M$97.2M50xas long as short
StandX ETH-USD+0.0100%1h2,775.5+0.187%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,771.5+0.044%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,772+0.061%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,771.8+0.053%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.9+0.095%$42.7M$29.4M15xas long as short
SunX ETH-USDTshort+0.0100%8h2,769.8−0.019%$971K$14.2M100x
SoDEX ETH-USD+0.0100%1h2,770.5+0.006%$55.2M$228.6M40xas long as short
Extended ETH-USD+0.0104%1h2,770.1−0.006%$31.4M$75.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,772.3+0.070%$59.9M$4.62B50xas long as short
Kalshi KXETHPERP+0.0117%8h2,771.4+0.039%$8.5M$674.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,773.4+0.111%$32.5M$12.0M100xas long as short
BloFin ETH-USDT+0.0171%8h2,770.6+0.009%$285.4M$195.6M150xas long as short
Reya ETHRUSDPERP+0.0184%1h2,770.5+0.007%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,771.7+0.049%$86.7M$330.8M100xas long as short
Hibachi ETH/USDT-P+0.0456%1h2,772.9+0.092%$281K$1.5M20xas long as short