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 0.000%
Price spread now: StandX against Variational Omni+0.081%7-day average +0.013% · 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 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 7 days−0.072%−$7 · spread now +0.081%, 7d avg +0.013%
Together, before fees−0.059%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.068% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETH2,769.40.0100pay 0.0100% / 8h1h 27m$135.0M$322.3M
ShortStandX ETH-USD2,771.70.0100get 0.0013% / 1h27m 48s$21.4M$58.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Variational Omni. 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: +0.081% → +0.013%
$6.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$1.16
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; StandX: live order book, 1 min ago. 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 Variational Omni RFQ quote, 1 min ago0.50 bpdoesn't fit1.4 bp −$144.7 bp −$473doesn't fit
Sell StandX live order book, 1 min ago1.26 bp6.0 bp −$68.2 bp −$8211.8 bp −$1,179doesn'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−0.0447%43m2,773.7+0.152%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,773.3+0.141%$5.8M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.8+0.157%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,770.3+0.031%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,773.3+0.139%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0018%1h2,774.1+0.166%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,773.4+0.143%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,769.6+0.005%$883K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772.9+0.124%$22.4M200xas long as short
BingX ETH-USDT+0.0016%8h2,771.7+0.083%$1.18Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,771.9+0.088%$1.70B$11.84B100xas long as short
Phemex ETHUSDT+0.0023%8h2,772.1+0.094%$269.5M$68.9M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,772.8+0.123%$13.0M200xas long as short
Aster ETHUSDT+0.0033%8h2,771.7+0.081%$255.8M$990.9M200xas long as short
Bullet ETH-USD+0.0035%1h2,771.9+0.089%$181K$1.7M20xas long as short
Deribit ETH-PERPETUAL+0.0046%1h2,772.5+0.112%$258.3M$222.2M50xas long as short
Aevo ETH-PERP+0.0056%1h2,769.7+0.011%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0059%8h2,771.2+0.063%$1.61B$2.66B500xas long as short
Binance ETHUSDT+0.0059%8h2,772.1+0.096%$6.42B$17.16B150xas long as short
Nado ETH-PERP+0.0060%1h2,773.7+0.152%$14.3M$118.0M50xas long as short
Bitget ETHUSDT+0.0071%8h2,772.3+0.103%$2.10B$3.11B150xas long as short
Gate ETH_USDT+0.0073%8h2,772.1+0.094%$3.29B$9.62B200xas long as short
SoDEX ETH-USD+0.0077%1h2,770.7+0.045%$55.2M$228.8M40xas long as short
Bybit ETHUSDT+0.0093%8h2,772.3+0.103%$2.51B$4.61B150xas long as short
HTX ETH-USDT+0.0094%8h2,770.7+0.047%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,771.4+0.071%$114.8M$500.0M50xas long as short
Lighter RH ETH+0.0096%1h2,772.6+0.114%$25.3M$121.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,774.2+0.173%$41.6M500xas long as short
ApeX Omni ETHUSDT+0.0097%1h2,777.8+0.300%$8.7M$32.5M100xas long as short
KuCoin ETHUSDTM+0.0098%8h2,771+0.055%$423.2M$739.4M100xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,773.6+0.149%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.8+0.157%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.9+0.125%$3.18B$2.37B25xas long as short
Pacifica ETH+0.0100%1h2,774+0.165%$31.2M$299.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.3+0.103%$2.8M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,775.3+0.212%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,767.4−0.073%$166.0M$246.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771+0.054%$15.1M$44.6M50xas long as short
Variational Omni ETHlong+0.0100%8h2,769.4long leg$135.0M$322.3M
edgeX ETHUSDC+0.0100%4h2,777.1+0.275%$180.0M$780.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,769.5+0.001%$161.1M$91.2M50xas long as short
StandX ETH-USDshort+0.0100%1h2,771.7+0.081%$21.4M$58.0M40x
Polymarket Perps ETH-USD+0.0100%1h2,774.5+0.182%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.6+0.113%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,773.6+0.152%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,773+0.129%$972K$14.0M100xas long as short
Vest ETH-PERP+0.0100%1h2,773.2+0.134%$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,770.5+0.037%$31.4M$74.5M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,772+0.092%$60.0M$4.59B50xas long as short
Kalshi KXETHPERP+0.0122%8h2,773.4+0.143%$8.6M$676.7M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,774.1+0.169%$32.5M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,771.4+0.070%$86.0M$331.8M100xas long as short
BloFin ETH-USDT+0.0179%8h2,773+0.128%$285.2M$194.3M150xas long as short
Hibachi ETH/USDT-P+0.0184%1h2,773.7+0.154%$278K$1.5M20xas long as short
Reya ETHRUSDPERP+0.0191%1h2,772.3+0.102%$7.4M$1.2M25xas long as short