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 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h −0.036%
Price spread now: SoDEX against Aftermath Perps+0.130%53s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.130% dearer against Aftermath Perps than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ETHUSD2,777.5−0.0019get 0.0002% / 1h20m 24s$29K$22K20x
ShortSoDEX ETH-USD2,781.10.0080get 0.0010% / 1h20m 24s$55.4M$228.9M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aftermath Perps. 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
$20.74
Price spread: +0.130% → 0.000%
$13.02
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$16.75
Costs to cover
0.170%
Break-even
1.3 days
Slippage unknown: Aftermath Perps: no order-book sample; SoDEX: live order book, 4 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 Aftermath Perps no order-book sample
Sell SoDEX live order book, 4 min ago0.18 bp4.2 bp −$44.2 bp −$425.9 bp −$59033.2 bp −$16.6K
Aftermath 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%43m2,779.2+0.063%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,778.5+0.037%$5.7M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,779.7+0.080%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.8−0.205%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,779+0.055%$169K$1.2M50xas long as short
Aftermath Perps ETHUSDlong−0.0019%1h2,777.5long leg$29K$22K20x
dYdX ETH-USD0.0000%1h2,780.8+0.120%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,779.6+0.076%$886K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.3+0.064%$22.4M200xas long as short
Phemex ETHUSDT+0.0015%8h2,781.2+0.133%$270.5M$68.7M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0017%8h2,778.5+0.037%$17.4Mas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,776.6−0.033%$1.71B$11.89B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,779.2+0.063%$13.0M200xas long as short
Aster ETHUSDT+0.0038%8h2,778.9+0.051%$256.8M$991.9M200xas long as short
Bullet ETH-USD+0.0038%1h2,778.6+0.039%$181K$1.7M20xas long as short
Nado ETH-PERP+0.0058%1h2,778.5+0.036%$14.4M$118.1M50xas long as short
MEXC ETH_USDT+0.0062%8h2,778.7+0.043%$1.62B$2.67B500xas long as short
Aevo ETH-PERP+0.0064%1h2,779.2+0.063%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0065%8h2,778.6+0.040%$6.44B$17.20B150xas long as short
Bitget ETHUSDT+0.0070%8h2,778.6+0.039%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0073%8h2,778.4+0.033%$3.29B$9.64B200xas long as short
SoDEX ETH-USDshort+0.0080%1h2,781.1+0.130%$55.4M$228.9M40x
ApeX Omni ETHUSDT+0.0091%1h2,773.6−0.140%$8.8M$32.6M100xas long as short
Bybit ETHUSDT+0.0093%8h2,777.1−0.015%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0095%8h2,780.6+0.111%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,779.5+0.071%$115.4M$501.5M50xas long as short
Lighter RH ETH+0.0096%1h2,781+0.126%$25.4M$121.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.7+0.080%$41.6M500xas long as short
KuCoin ETHUSDTM+0.0097%8h2,778.8+0.047%$423.1M$739.7M100xas long as short
Deribit ETH-PERPETUAL+0.0099%1h2,782.7+0.187%$258.4M$222.4M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,779.4+0.070%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.6+0.040%$478K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,781+0.127%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,779.5+0.071%$31.3M$299.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,778.2+0.026%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,780.2+0.098%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.051%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,779+0.054%$15.2M$44.6M50xas long as short
Variational Omni ETH+0.0100%8h2,771.9−0.201%$137.1M$324.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,772.2−0.191%$181.4M$782.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775−0.088%$161.4M$91.4M50xas long as short
StandX ETH-USD+0.0100%1h2,778.8+0.047%$21.5M$58.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,779.5+0.073%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,780+0.091%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.8+0.012%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,783+0.200%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,779.7+0.079%$974K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,777.8+0.011%$32.6M$77.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,782.6+0.184%$60.0M$4.61B50xas long as short
Kalshi KXETHPERP+0.0125%8h2,781.3+0.137%$8.5M$678.7M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,779.4+0.070%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,782.4+0.178%$86.2M$332.3M100xas long as short
BloFin ETH-USDT+0.0182%8h2,780.5+0.107%$286.0M$195.0M150xas long as short
Reya ETHRUSDPERP+0.0192%1h2,778.5+0.037%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0216%1h2,781.9+0.159%$271K$1.5M20xas long as short