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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: StandX against SoDEX+0.044%7-day average +0.025% · 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−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.044%, 7d avg +0.025%
Together, before fees0.000%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, 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-USD2,727.10.0082pay 0.0010% / 1h29m 08s$54.3M$187.3M40x
ShortStandX ETH-USD2,728.30.0100get 0.0013% / 1h29m 08s$21.0M$70.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$3.71
Price spread: +0.044% → +0.025%
$1.9
Slippage, 4 orders
−$4.03
Fee SoDEX: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$14.43
Costs to cover
0.200%
Break-even
34.2 days
Slippage from SoDEX: live order book, 5 min ago; StandX: live order book, 5 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, 5 min ago0.18 bp4.2 bp −$44.3 bp −$435.8 bp −$58329.4 bp −$14.7K
Sell StandX live order book, 5 min ago0.18 bp7.5 bp −$710.0 bp −$10015.8 bp −$1,581doesn't fit

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%43m2,728.6+0.054%$288K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,729+0.070%$5K$1K50xas long as short
ApeX Omni ETHUSDT−0.0064%1h2,727.5+0.014%$8.6M$31.5M100xas long as short
Injective ETH/USDC PERP−0.0040%1h2,727.6+0.018%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,728.6+0.054%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,725.7−0.051%$811K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,728.9+0.067%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,729.1+0.073%$6.6M$686.6M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,728.1+0.037%$262.7M$214.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,728.5+0.052%$32.9M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETH-USDT+0.0012%8h2,727.2+0.005%$1.05B$1.23B200xas long as short
01 Exchange ETHUSD+0.0016%1h2,728.8+0.062%$191K$893K50xas long as short
BingX ETH-USDC+0.0026%8h2,727−0.004%$18.6Mas long as short
Bybit ETHUSDT+0.0031%8h2,727.1−0.001%$2.34B$4.41B150xas long as short
KuCoin ETHUSDTM+0.0070%8h2,727−0.004%$374.7M$576.8M100xas long as short
Aster ETHUSDT+0.0081%8h2,727.3+0.008%$252.0M$848.3M200xas long as short
SoDEX ETH-USDlong+0.0082%1h2,727.1long leg$54.3M$187.3M40x
OKX ETH-USDT-SWAP+0.0086%8h2,727.2+0.004%$1.65B$10.90B100xas long as short
SunX ETH-USDT+0.0087%8h2,726.7−0.014%$957K$11.0M100xas long as short
Aevo ETH-PERP+0.0088%1h2,724.9−0.082%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0089%8h2,727.2+0.004%$1.53B$2.59B500xas long as short
Binance ETHUSDT+0.0090%8h2,727.3+0.006%$6.32B$16.15B150xas long as short
Aftermath Perps ETHUSD+0.0091%1h2,727.9+0.029%$30K$20K20xas long as short
Lighter ETH+0.0096%1h2,727.8+0.025%$112.0M$434.4M50xas long as short
Lighter RH ETH+0.0096%1h2,729+0.071%$23.5M$103.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,728.4+0.048%$510K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,732.5+0.200%$15.3M$7.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,728.1+0.036%$14.1M$105.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,729.6+0.092%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,729.4+0.083%$32.0M$332.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,727.7+0.022%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,729.1+0.074%$1.5M$16.2M25xas long as short
Gate ETH_USDT+0.0100%8h2,727.4+0.010%$3.30B$8.99B200xas long as short
Bitget ETHUSDT+0.0100%8h2,727.1+0.001%$2.08B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,727−0.004%$15.1M$42.5M50xas long as short
Variational Omni ETH+0.0100%8h2,727.4+0.011%$133.8M$323.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,726.8−0.010%$185.3M$682.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,728.2+0.040%$158.6M$85.9M50xas long as short
StandX ETH-USDshort+0.0100%1h2,728.3+0.044%$21.0M$70.1M40x
Vest ETH-PERP+0.0100%1h2,729.4+0.084%$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,728.9+0.066%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,727.4+0.010%$179K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,728.5+0.050%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.3+0.007%$40.9M$30.3M15xas long as short
Phemex ETHUSDT+0.0100%8h2,727.3+0.007%$262.9M$64.7M150xas long as short
Bulk ETH-USD+0.0100%1h2,726.2−0.033%$161.6M$349.5M25xas long as short
Extended ETH-USD+0.0104%1h2,726.4−0.027%$30.4M$73.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,729.2+0.076%$30.5M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,728.4+0.048%$49.6M$4.31B50xas long as short
RISEx ETH/USDC+0.0115%1h2,728.5+0.052%$5.6M$11.6M25xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,729.9+0.101%$32.1M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0191%1h2,726.3−0.028%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,727.6+0.020%$82.3M$312.5M100xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,729.3+0.080%$245K$1.4M20xas long as short
BloFin ETH-USDT+0.0359%8h2,727.3+0.006%$281.6M$175.3M150xas long as short