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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0027%/8h= −2.9% APRpaid last 24h +0.004%
Price spread now: Aster against SoDEX+0.008%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.167% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.008%, 7d avg +0.022%
Together, before fees+0.046%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ETH-USD2,748.20.0100pay 0.0013% / 1h2m 16s$54.7M$187.6M40x
ShortAster ETHUSDT2,748.40.0073get 0.0073% / 8h6h 02m$253.2M$846.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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
−$5.63
Price spread: +0.008% → +0.022%
−$1.42
Slippage, 4 orders
−$0.72
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.77
Costs to cover
0.167%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; Aster: live order book, 2 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 SoDEX live order book, 2 min ago0.18 bp4.2 bp −$44.2 bp −$425.8 bp −$58030.0 bp −$15.0K
Sell Aster live order book, 2 min ago0.02 bp4.3 bp −$44.4 bp −$445.6 bp −$55812.5 bp −$6,247

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%43m2,747.7−0.020%$309K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.1+0.033%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,748.1−0.002%$5.7M$11.2M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,749.3+0.039%$12.1M200xas long as short
Phoenix ETH−0.0006%1h2,748.4+0.007%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,747.7−0.018%$10.8M$42.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,749.4+0.045%$22.2M200xas long as short
01 Exchange ETHUSD+0.0040%1h2,748.8+0.022%$182K$980K50xas long as short
BingX ETH-USDT+0.0041%8h2,749.1+0.033%$1.16Bas long as short
OKX ETH-USDT-SWAP+0.0053%8h2,748.2+0.001%$1.70B$10.70B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0066%8h2,749.1+0.032%$369.6M$604.6M100xas long as short
Aster ETHUSDTshort+0.0073%8h2,748.4+0.008%$253.2M$846.6M200x
ApeX Omni ETHUSDT+0.0077%1h2,745.4−0.101%$8.7M$31.4M100xas long as short
Aevo ETH-PERP+0.0080%1h2,746.6−0.059%$4.9M$167K20xas long as short
HTX ETH-USDT+0.0081%8h2,748.6+0.013%$1.06B$1.18B200xas long as short
MEXC ETH_USDT+0.0082%8h2,748.1−0.003%$1.59B$2.59B500xas long as short
Binance ETHUSDT+0.0083%8h2,748.9+0.025%$6.39B$15.90B150xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,749.4+0.044%$58.6M$4.29B50xas long as short
Lighter ETH+0.0096%1h2,747.6−0.021%$113.0M$445.5M50xas long as short
Lighter RH ETH+0.0096%1h2,748.6+0.016%$24.7M$108.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,749.4+0.045%$31.0M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,751.8+0.130%$16.2M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,747.2−0.036%$477K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,747.2−0.035%$13.9M$108.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,750.9+0.098%$3.13B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,747.7−0.018%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,748.6+0.013%$2.47B$4.24B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,746.9−0.047%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,748.3+0.003%$2.8M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,749.2+0.035%$3.40B$8.95B200xas long as short
Bitget ETHUSDT+0.0100%8h2,748.6+0.013%$2.08B$2.75B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,747.3−0.034%$15.0M$41.4M50xas long as short
Variational Omni ETH+0.0100%8h2,746.2−0.074%$132.8M$343.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,745.3−0.107%$181.9M$700.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,747.1−0.041%$159.7M$82.2M50xas long as short
StandX ETH-USD+0.0100%1h2,748.9+0.025%$21.3M$69.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,748.9+0.027%$849K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,748.6+0.015%$10.7M$8.6M50xas long as short
Bullet ETH-USD+0.0100%1h2,748.7+0.018%$182K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,749+0.031%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,750.1+0.071%$41.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,746.4−0.065%$963K$12.0M100xas long as short
SoDEX ETH-USDlong+0.0100%1h2,748.2long leg$54.7M$187.6M40x
Phemex ETHUSDT+0.0100%8h2,748.8+0.021%$267.7M$65.8M150xas long as short
Bulk ETH-USD+0.0100%1h2,746.2−0.072%$164.3M$302.6M25xas long as short
Extended ETH-USD+0.0104%1h2,747.5−0.024%$30.6M$73.1M50xas long as short
Aftermath Perps ETHUSD+0.0106%1h2,747.7−0.018%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0148%8h2,748.9+0.025%$7.9M$672.5M4.9xas long as short
Deribit ETH-PERPETUAL+0.0161%1h2,749.6+0.049%$258.9M$197.0M50xas long as short
Orderly PERP_ETH_USDC+0.0181%8h2,751.1+0.104%$32.3M$11.0M100xas long as short
Injective ETH/USDC PERP+0.0209%1h2,748.3+0.004%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0223%1h2,747.8−0.016%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,749.9+0.061%$250K$1.5M20xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,749.1+0.031%$88.2M$313.9M100xas long as short