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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Ondo Perps against SunX+0.004%7-day average 0.000% · 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 7 days−0.004%$0 on $10k
Price spread, last 3 days (all we have)+0.075%+$7 · spread now +0.004%, 7d avg 0.000%
Together, before fees+0.071%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETH-USDT2,779.70.0100pay 0.0100% / 8h1h 20m$974K$14.0M100x
ShortOndo Perps ETH-USD.P2,779.80.0100get 0.0013% / 1h20m 56s$2.8M$17.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0
Price spread: +0.004% → 0.000%
$0.44
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$12.56
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Ondo 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 SunX live order book, 8 min ago0.04 bp7.2 bp −$77.3 bp −$739.2 bp −$922doesn't fit
Sell Ondo Perps no order-book sample
Ondo 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%43m2,780.2+0.019%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,780.1+0.016%$5.7M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,781.5+0.065%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.8−0.284%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,780.1+0.015%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0020%1h2,776.8−0.104%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,780.8+0.041%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,779.6−0.003%$886K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,781.6+0.067%$22.5M200xas long as short
Phemex ETHUSDT+0.0015%8h2,781.2+0.054%$270.5M$68.7M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0017%8h2,779−0.025%$1.18Bas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,778.8−0.034%$1.71B$11.90B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,781.4+0.061%$13.0M200xas long as short
Aster ETHUSDT+0.0038%8h2,779.3−0.015%$256.9M$991.9M200xas long as short
Bullet ETH-USD+0.0038%1h2,780.8+0.040%$180K$1.7M20xas long as short
Nado ETH-PERP+0.0057%1h2,779.8+0.003%$14.4M$118.1M50xas long as short
MEXC ETH_USDT+0.0061%8h2,779−0.024%$1.62B$2.67B500xas long as short
Binance ETHUSDT+0.0062%8h2,779.3−0.014%$6.44B$17.20B150xas long as short
Aevo ETH-PERP+0.0064%1h2,779.2−0.016%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0070%8h2,778.8−0.032%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0074%8h2,779.4−0.009%$3.29B$9.64B200xas long as short
SoDEX ETH-USD+0.0080%1h2,781.1+0.051%$55.4M$228.9M40xas long as short
ApeX Omni ETHUSDT+0.0091%1h2,773.6−0.219%$8.8M$32.6M100xas long as short
Bybit ETHUSDT+0.0093%8h2,779−0.023%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0095%8h2,780.6+0.031%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,781.3+0.056%$115.5M$501.5M50xas long as short
Lighter RH ETH+0.0096%1h2,782.4+0.099%$25.4M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,781.5+0.064%$41.6M500xas long as short
KuCoin ETHUSDTM+0.0098%8h2,779.9+0.007%$423.3M$739.6M100xas long as short
Deribit ETH-PERPETUAL+0.0099%1h2,782.7+0.108%$258.4M$222.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,780.7+0.038%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,780.5+0.029%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,781.6+0.069%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,781.2+0.055%$31.3M$299.8M50xas long as short
Ondo Perps ETH-USD.Pshort+0.0100%1h2,779.8+0.004%$2.8M$17.0M25x
Arcus ETH-USD+0.0100%1h2,782+0.083%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,767.4−0.441%$166.0M$246.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,779−0.025%$15.2M$44.6M50xas long as short
Variational Omni ETH+0.0100%8h2,771.9−0.280%$137.1M$324.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,772.2−0.270%$181.4M$782.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775−0.168%$161.4M$91.4M50xas long as short
StandX ETH-USD+0.0100%1h2,778.8−0.032%$21.5M$58.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,780.3+0.021%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,781.1+0.051%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,781+0.049%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,783+0.120%$42.8M$29.4M15xas long as short
SunX ETH-USDTlong+0.0100%8h2,779.7long leg$974K$14.0M100x
Extended ETH-USD+0.0104%1h2,778.3−0.050%$32.6M$77.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,782.6+0.104%$60.0M$4.61B50xas long as short
Kalshi KXETHPERP+0.0125%8h2,781.3+0.058%$8.5M$678.7M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,783.4+0.135%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,782.4+0.098%$86.2M$332.3M100xas long as short
BloFin ETH-USDT+0.0182%8h2,780.5+0.028%$286.0M$195.0M150xas long as short
Reya ETHRUSDPERP+0.0192%1h2,779.7−0.001%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0216%1h2,780.5+0.029%$271K$1.5M20xas long as short