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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Aftermath Perps against Lighter RH−0.085%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aftermath Perps is 0.085% cheaper against Lighter RH than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ETH2,726.90.0096pay 0.0012% / 1h20m 06s$23.4M$102.4M50x
ShortAftermath Perps ETHUSD2,724.60.0100get 0.0012% / 1h20m 06s$30K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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
$0.81
Price spread: −0.085% → 0.000%
−$8.47
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$16.65
Costs to cover
0.090%
Break-even
150.3 days
Slippage unknown: Lighter RH: 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 Lighter RH live order book, 4 min ago1.05 bp1.1 bp −$12.0 bp −$208.5 bp −$85466.7 bp −$33.3K
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%43m2,724.5−0.090%$275K$5.7M8.3xas long as short
BloFin ETH-USDT−0.0176%8h2,722.4−0.168%$281.5M$177.3M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,723.7−0.119%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,724.3−0.097%$808K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,725.4−0.056%$11.9M200xas long as short
dYdX ETH-USD0.0000%1h2,723.6−0.123%$10.5M$41.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,724.2−0.100%$6.7M$678.9M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,725.4−0.058%$263.6M$213.8M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,725.5−0.051%$32.9M200xas long as short
BingX ETH-USDC+0.0017%8h2,724.7−0.083%$18.6Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0020%8h2,725.3−0.062%$2.32B$4.34B150xas long as short
HTX ETH-USDT+0.0031%8h2,724.1−0.106%$1.05B$1.22B200xas long as short
01 Exchange ETHUSD+0.0032%1h2,724.8−0.078%$190K$884K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,728.7+0.065%$200K$21.5M52xas long as short
ApeX Omni ETHUSDT+0.0051%1h2,722.5−0.162%$8.4M$31.5M100xas long as short
Hibachi ETH/USDT-P+0.0056%1h2,724.1−0.103%$241K$1.4M20xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,725.4−0.056%$81.8M$310.8M100xas long as short
OKX ETH-USDT-SWAP+0.0072%8h2,725.4−0.058%$1.65B$10.79B100xas long as short
KuCoin ETHUSDTM+0.0074%8h2,725.3−0.061%$382.0M$577.6M100xas long as short
Aster ETHUSDT+0.0076%8h2,725.2−0.066%$252.5M$847.4M200xas long as short
MEXC ETH_USDT+0.0088%8h2,725.2−0.064%$1.58B$2.59B500xas long as short
Aevo ETH-PERP+0.0088%1h2,723−0.143%$4.9M$172K20xas long as short
Binance ETHUSDT+0.0088%8h2,725.4−0.057%$6.30B$16.12B150xas long as short
Lighter ETH+0.0096%1h2,725.7−0.044%$112.3M$432.9M50xas long as short
Lighter RH ETHlong+0.0096%1h2,726.9long leg$23.4M$102.4M50x
SoDEX ETH-USD+0.0099%1h2,724.6−0.086%$54.3M$182.7M40xas long as short
Katana Perps ETH-USD+0.0100%8h2,723.7−0.119%$500K$3.6M50xas long as short
Aftermath Perps ETHUSDshort+0.0100%1h2,724.6−0.085%$30K$20K20x
Paradex ETH-USD-PERP+0.0100%8h2,727.9+0.037%$15.3M$7.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,723.9−0.110%$14.0M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,727.6+0.024%$3.10B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,724.2−0.101%$31.9M$333.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,722.3−0.170%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,724.2−0.100%$1.6M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,725.5−0.053%$3.31B$8.93B200xas long as short
Bitget ETHUSDT+0.0100%8h2,725.7−0.046%$2.10B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,725.2−0.065%$15.0M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,722.2−0.173%$133.6M$316.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,721.7−0.192%$185.2M$682.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,722.8−0.150%$158.2M$81.9M50xas long as short
StandX ETH-USD+0.0100%1h2,724.1−0.104%$20.9M$70.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,725.5−0.052%$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,725.8−0.042%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,724.1−0.102%$182K$1.7M20xas long as short
Derive ETH-PERP+0.0100%1h2,724.6−0.084%$40.8M$29.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,723.4−0.130%$955K$10.8M100xas long as short
Phemex ETHUSDT+0.0100%8h2,724.6−0.085%$262.5M$64.5M150xas long as short
Bulk ETH-USD+0.0100%1h2,727.2+0.009%$162.8M$356.2M25xas long as short
Extended ETH-USD+0.0104%1h2,724.7−0.081%$30.4M$71.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,724.6−0.085%$30.2M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,725.9−0.039%$46.5M$4.27B50xas long as short
RISEx ETH/USDC+0.0114%1h2,724.6−0.087%$5.6M$11.7M25xas long as short
Reya ETHRUSDPERP+0.0180%1h2,723.4−0.131%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0184%8h2,726.8−0.005%$32.1M$11.2M100xas long as short
Bluefin ETH-PERP+0.0436%1h2,724.6−0.086%$20K$23K25xas long as short