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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.053%
Price spread now: Aftermath Perps against Injective+0.239%115s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aftermath Perps is 0.239% dearer against Injective than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ETH/USDC PERP2,726.4−0.0141get 0.0018% / 1h45m 26s$117K$22.5M52x
ShortAftermath Perps ETHUSD2,732.90.0115get 0.0014% / 1h45m 26s$30K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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
$53.79
Price spread: +0.239% → 0.000%
$23.91
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$68.68
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: live order book, 4 min ago; Aftermath Perps: no order-book sample. 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 Injective live order book, 4 min ago13.90 bp13.9 bp −$1413.9 bp −$13913.9 bp −$1,39120992.6 bp −$10.50M
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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 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%43m2,730.4+0.146%$298K$5.6M8.3xas long as short
Injective ETH/USDC PERPlong−0.0141%1h2,726.4long leg$117K$22.5M52x
Hotstuff ETH-PERP−0.0080%1h2,728.5+0.077%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,730.7+0.156%$11.9M200xas long as short
ApeX Omni ETHUSDT−0.0008%1h2,729+0.094%$8.9M$31.3M100xas long as short
dYdX ETH-USD0.0000%1h2,729.2+0.102%$10.7M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,730.7+0.158%$188K$842K50xas long as short
Phoenix ETH0.0000%1h2,728.1+0.062%$830K$2.9M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,730.7+0.157%$26.2M200xas long as short
Bullet ETH-USD+0.0018%1h2,730.1+0.136%$182K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0048%1h2,730.5+0.150%$54.4M$187.6M40xas long as short
BingX ETH-USDT+0.0057%8h2,730+0.133%$1.15Bas long as short
KuCoin ETHUSDTM+0.0071%8h2,730.3+0.143%$380.2M$575.8M100xas long as short
OKX ETH-USDT-SWAP+0.0073%8h2,730+0.132%$1.66B$10.68B100xas long as short
Aster ETHUSDT+0.0080%8h2,730.1+0.136%$252.1M$843.9M200xas long as short
Deribit ETH-PERPETUAL+0.0087%1h2,731.9+0.202%$260.1M$196.8M50xas long as short
MEXC ETH_USDT+0.0088%8h2,730.2+0.139%$1.53B$2.55B500xas long as short
Aevo ETH-PERP+0.0088%1h2,730.1+0.136%$4.9M$155K20xas long as short
Binance ETHUSDT+0.0090%8h2,730.2+0.138%$6.34B$15.84B150xas long as short
Bybit ETHUSDT+0.0093%8h2,729.7+0.121%$2.39B$4.34B150xas long as short
HTX ETH-USDT+0.0094%8h2,729.3+0.105%$1.05B$1.19B200xas long as short
Lighter ETH+0.0096%1h2,729.9+0.129%$112.0M$434.9M50xas long as short
Lighter RH ETH+0.0096%1h2,730.1+0.137%$23.2M$105.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,730.4+0.147%$30.6M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,733.3+0.255%$15.7M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,731+0.169%$5.6M$11.5M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,730.2+0.139%$498K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,729.6+0.119%$13.7M$104.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,732.8+0.235%$3.10B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,730.6+0.154%$31.6M$333.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,728.6+0.081%$2.7M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,730.8+0.163%$2.8M$16.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,740.8+0.527%$166.9M$306.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,730.2+0.140%$3.35B$8.79B200xas long as short
Bitget ETHUSDT+0.0100%8h2,730.5+0.149%$2.07B$2.75B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,730.3+0.143%$15.0M$39.7M50xas long as short
Variational Omni ETH+0.0100%8h2,728.4+0.073%$133.1M$325.5Mas long as short
edgeX ETHUSDC+0.0100%4h2,726.2−0.007%$182.6M$671.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,729+0.096%$158.7M$84.8M50xas long as short
StandX ETH-USD+0.0100%1h2,728.6+0.081%$21.1M$69.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,730.9+0.164%$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,731.7+0.194%$10.9M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,731.6+0.192%$41.2M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,729.7+0.120%$958K$11.4M100xas long as short
Phemex ETHUSDT+0.0100%8h2,730.5+0.150%$265.4M$65.4M150xas long as short
Extended ETH-USD+0.0104%1h2,729.4+0.110%$30.4M$72.5M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,732+0.207%$51.8M$4.26B50xas long as short
Aftermath Perps ETHUSDshort+0.0115%1h2,732.9+0.239%$30K$20K20x
Kalshi KXETHPERP+0.0154%8h2,728.1+0.062%$6.3M$676.8M4.9xas long as short
Orderly PERP_ETH_USDC+0.0193%8h2,732.5+0.224%$32.1M$11.5M100xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,731.5+0.187%$84.6M$313.6M100xas long as short
Reya ETHRUSDPERP+0.0223%1h2,729.7+0.120%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,730+0.134%$254K$1.4M20xas long as short
BloFin ETH-USDT+0.0251%8h2,726.4−0.002%$284.6M$174.6M150xas long as short
Bluefin ETH-PERP+0.0690%1h2,729.6+0.118%$21K$20K25xas long as short