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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: StandX against ApeX Omni−0.004%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.004%, 7d avg +0.013%
Together, before fees+0.182%+ Points / potential airdropStandX: Active · farm board+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ETHUSDT2,747.10.0097pay 0.0012% / 1h56m 35s$8.7M$31.1M100x
ShortStandX ETH-USD2,7470.0100get 0.0013% / 1h56m 35s$21.2M$69.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against ApeX 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
$0.54
Price spread: −0.004% → +0.013%
−$1.66
Slippage, 4 orders
−$5.09
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$24.21
Costs to cover
0.231%
Break-even
322.2 days
Slippage from ApeX Omni: live order book, 3 min ago; StandX: live order book, 3 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 ApeX Omni live order book, 3 min ago1.29 bp6.3 bp −$67.4 bp −$7422.6 bp −$2,25844.9 bp −$22.4K
Sell StandX live order book, 3 min ago0.73 bp4.7 bp −$57.6 bp −$7611.0 bp −$1,099doesn't fit

ETH on 54 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%43m2,743.8−0.120%$306K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,749.4+0.083%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,742.6−0.164%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743.2−0.143%$12.1M200xas long as short
Phoenix ETH−0.0006%1h2,748.4+0.047%$847K$2.9M25xas long as short
dYdX ETH-USD0.0000%1h2,748.8+0.062%$10.8M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,743.2−0.143%$22.2M200xas long as short
BingX ETH-USDC+0.0042%8h2,748.8+0.060%$18.5Mas long as short
01 Exchange ETHUSD+0.0048%1h2,749.6+0.091%$183K$966K50xas long as short
OKX ETH-USDT-SWAP+0.0054%8h2,749+0.070%$1.70B$10.59B100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0065%8h2,748.3+0.041%$369.4M$598.6M100xas long as short
Aster ETHUSDT+0.0073%8h2,746.1−0.038%$252.5M$841.0M200xas long as short
RISEx ETH/USDC+0.0077%1h2,749.8+0.099%$5.7M$11.2M25xas long as short
Aevo ETH-PERP+0.0080%1h2,740.5−0.239%$4.9M$159K20xas long as short
Binance ETHUSDT+0.0083%8h2,748.4+0.048%$6.39B$15.75B150xas long as short
MEXC ETH_USDT+0.0083%8h2,749.2+0.074%$1.57B$2.51B500xas long as short
Bullet ETH-USD+0.0085%1h2,742.8−0.156%$182K$1.7M20xas long as short
HTX ETH-USDT+0.0086%8h2,743.1−0.145%$1.06B$1.18B200xas long as short
Lighter ETH+0.0096%1h2,748.2+0.038%$113.0M$430.2M50xas long as short
Lighter RH ETH+0.0096%1h2,749.1+0.072%$24.8M$103.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,745.6−0.055%$31.0M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,743.9−0.116%$58.6M$4.27B50xas long as short
ApeX Omni ETHUSDTlong+0.0097%1h2,747.1long leg$8.7M$31.1M100x
Paradex ETH-USD-PERP+0.0100%8h2,752.6+0.199%$16.2M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,749.1+0.072%$484K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,743.7−0.125%$13.9M$106.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,749.2+0.076%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,749+0.069%$31.7M$334.3M50xas long as short
Bybit ETHUSDT+0.0100%8h2,749.2+0.074%$2.47B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,748.4+0.047%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,749.8+0.097%$2.7M$16.0M25xas long as short
Gate ETH_USDT+0.0100%8h2,749.4+0.085%$3.39B$8.63B200xas long as short
Bitget ETHUSDT+0.0100%8h2,749.5+0.086%$2.08B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,743.4−0.135%$15.0M$41.1M50xas long as short
Variational Omni ETH+0.0100%8h2,746.6−0.019%$133.0M$342.9Mas long as short
edgeX ETHUSDC+0.0100%4h2,746.8−0.010%$181.9M$701.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,747.3+0.007%$159.7M$81.7M50xas long as short
StandX ETH-USDshort+0.0100%1h2,747−0.004%$21.2M$69.0M40x
Vest ETH-PERP+0.0100%1h2,744.2−0.107%$819K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,743.2−0.142%$10.7M$8.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,743.3−0.140%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,744.7−0.089%$41.6M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,742.1−0.182%$961K$11.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,742.7−0.161%$54.6M$187.5M40xas long as short
Phemex ETHUSDT+0.0100%8h2,743.7−0.123%$267.1M$65.2M150xas long as short
Bulk ETH-USD+0.0100%1h2,746.2−0.032%$164.3M$302.6M25xas long as short
Extended ETH-USD+0.0104%1h2,748.9+0.066%$30.6M$72.6M50xas long as short
Aftermath Perps ETHUSD+0.0111%1h2,746.7−0.015%$30K$20K20xas long as short
Deribit ETH-PERPETUAL+0.0118%1h2,743.9−0.117%$258.9M$195.6M50xas long as short
Kalshi KXETHPERP+0.0149%8h2,744−0.113%$7.9M$670.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0182%8h2,745.4−0.063%$32.3M$11.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,743.3−0.138%$88.0M$309.4M100xas long as short
Reya ETHRUSDPERP+0.0223%1h2,742.5−0.169%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,746.5−0.022%$250K$1.4M20xas long as short