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−0.0016%/8h= −1.8% APRnext payment $0.16 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against SunX+0.024%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.024%, 7d avg +0.029%
Together, before fees+0.068%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,734.10.0100pay 0.0100% / 8h4h 50m$959K$11.4M100x
ShortAster ETHUSDT2,734.80.0084get 0.0084% / 8h4h 50m$252.9M$840.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
−$3.44
Price spread: +0.024% → +0.029%
−$0.58
Slippage, 4 orders
−$4.09
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$24.11
Costs to cover
0.201%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; Aster: live order book, 4 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 SunX live order book, 9 min ago0.62 bp6.5 bp −$76.6 bp −$669.9 bp −$986doesn't fit
Sell Aster live order book, 4 min ago0.02 bp4.8 bp −$55.1 bp −$516.2 bp −$62511.9 bp −$5,938

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%43m2,734.7+0.020%$300K$5.5M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,739.3+0.189%$118K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,738.1+0.146%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,735+0.033%$12.0M200xas long as short
dYdX ETH-USD0.0000%1h2,734.9+0.029%$10.8M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,735+0.032%$181K$833K50xas long as short
Phoenix ETH0.0000%1h2,741.2+0.259%$832K$2.9M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,735+0.033%$25.7M200xas long as short
Bullet ETH-USD+0.0045%1h2,734.5+0.014%$180K$1.7M20xas long as short
SoDEX ETH-USD+0.0050%1h2,734.3+0.007%$54.5M$187.6M40xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0055%8h2,734.10.000%$18.4Mas long as short
OKX ETH-USDT-SWAP+0.0071%8h2,733.9−0.008%$1.68B$10.60B100xas long as short
KuCoin ETHUSDTM+0.0072%8h2,734.5+0.015%$380.7M$573.6M100xas long as short
Aster ETHUSDTshort+0.0084%8h2,734.8+0.024%$252.9M$840.8M200x
Aevo ETH-PERP+0.0088%1h2,732.1−0.075%$4.9M$154K20xas long as short
MEXC ETH_USDT+0.0091%8h2,734−0.005%$1.56B$2.53B500xas long as short
Binance ETHUSDT+0.0091%8h2,734.3+0.006%$6.35B$15.71B150xas long as short
Lighter ETH+0.0096%1h2,734.8+0.026%$112.5M$432.6M50xas long as short
Lighter RH ETH+0.0096%1h2,735.9+0.065%$24.1M$103.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,735.6+0.055%$30.5M500xas long as short
RISEx ETH/USDC+0.0099%1h2,735.3+0.043%$5.6M$11.4M25xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,739.9+0.211%$15.8M$8.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,734−0.004%$499K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,734.5+0.015%$13.9M$104.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,736.9+0.102%$3.10B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,736+0.069%$31.6M$335.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,734−0.006%$2.43B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,734.3+0.007%$2.7M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,735.1+0.035%$2.8M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,740.8+0.243%$166.9M$306.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,734.8+0.023%$3.38B$8.69B200xas long as short
Bitget ETHUSDT+0.0100%8h2,734.3+0.008%$2.07B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,736.1+0.072%$15.0M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,734.9+0.028%$133.1M$324.8Mas long as short
edgeX ETHUSDC+0.0100%4h2,738+0.141%$182.0M$665.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,739+0.178%$159.4M$84.4M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,738+0.140%$8.7M$30.7M100xas long as short
StandX ETH-USD+0.0100%1h2,736+0.069%$21.1M$69.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,735.9+0.064%$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,736+0.069%$10.9M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,735.9+0.067%$41.3M$29.7M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,734.1long leg$959K$11.4M100x
HTX ETH-USDT+0.0100%8h2,734.2+0.004%$1.06B$1.18B200xas long as short
Phemex ETHUSDT+0.0100%8h2,734.4+0.012%$265.7M$65.2M150xas long as short
Extended ETH-USD+0.0104%1h2,733.5−0.023%$30.6M$72.4M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,735.7+0.059%$51.2M$4.26B50xas long as short
Aftermath Perps ETHUSD+0.0120%1h2,738.6+0.164%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0156%8h2,735.5+0.050%$7.7M$673.3M4.9xas long as short
Deribit ETH-PERPETUAL+0.0185%1h2,736+0.068%$260.0M$194.7M50xas long as short
Orderly PERP_ETH_USDC+0.0194%8h2,736.6+0.089%$32.2M$11.4M100xas long as short
BloFin ETH-USDT+0.0211%8h2,735.5+0.051%$285.2M$172.6M150xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,735.1+0.036%$85.4M$310.4M100xas long as short
Reya ETHRUSDPERP+0.0224%1h2,733.9−0.009%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,736.9+0.100%$251K$1.4M20xas long as short
Bluefin ETH-PERP+0.1204%1h2,735+0.033%$21K$20K25xas long as short