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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.004%
Price spread now: SoDEX against Aster−0.026%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$170.172% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.026%, 7d avg −0.023%
Together, before fees−0.041%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHUSDT2,727.60.0078pay 0.0078% / 8h2h 53m$252.3M$842.9M200x
ShortSoDEX ETH-USD2,726.90.0100get 0.0013% / 1h53m 41s$54.3M$187.8M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aster. 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
$4.56
Price spread: −0.026% → −0.023%
−$0.28
Slippage, 4 orders
−$1.16
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$12.88
Costs to cover
0.172%
Break-even
26.8 days
Slippage from Aster: live order book, 5 min ago; SoDEX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago0.02 bp4.0 bp −$44.5 bp −$455.3 bp −$53310.7 bp −$5,332
Sell SoDEX live order book, just now0.55 bp4.6 bp −$54.6 bp −$466.1 bp −$61135.9 bp −$17.9K

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−0.0335%43m2,726.6−0.037%$287K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,727.9+0.011%$5K$1K50xas long as short
HTX ETH-USDT−0.0019%8h2,726.4−0.045%$1.05B$1.21B200xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,726.7−0.033%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,727.60.000%$814K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,727.3−0.012%$10.7M$42.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,726.8−0.028%$28.0M200xas long as short
Injective ETH/USDC PERP+0.0009%1h2,729.1+0.055%$117K$22.5M52xas long as short
BingX ETH-USDT+0.0030%8h2,727.3−0.011%$1.13Bas long as short
Bybit ETHUSDT+0.0039%8h2,727.2−0.015%$2.36B$4.40B150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0048%1h2,728.1+0.018%$186K$785K50xas long as short
Deribit ETH-PERPETUAL+0.0058%1h2,728+0.015%$258.5M$203.1M50xas long as short
SunX ETH-USDT+0.0059%8h2,725.8−0.065%$956K$11.2M100xas long as short
KuCoin ETHUSDTM+0.0065%8h2,728+0.014%$377.9M$576.6M100xas long as short
Bullet ETH-USD+0.0073%1h2,726.2−0.052%$176K$1.7M20xas long as short
Aster ETHUSDTlong+0.0078%8h2,727.6long leg$252.3M$842.9M200x
Aevo ETH-PERP+0.0080%1h2,724.5−0.114%$4.9M$155K20xas long as short
Aftermath Perps ETHUSD+0.0082%1h2,728.3+0.024%$30K$20K20xas long as short
MEXC ETH_USDT+0.0084%8h2,727.5−0.005%$1.56B$2.55B500xas long as short
OKX ETH-USDT-SWAP+0.0084%8h2,727.3−0.011%$1.67B$10.74B100xas long as short
Binance ETHUSDT+0.0085%8h2,727.4−0.008%$6.32B$15.97B150xas long as short
Phemex ETHUSDT+0.0091%8h2,726.5−0.039%$263.9M$64.1M150xas long as short
Lighter ETH+0.0096%1h2,727.8+0.009%$111.8M$428.9M50xas long as short
Lighter RH ETH+0.0096%1h2,729.1+0.055%$23.4M$102.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,726.9−0.024%$31.0M500xas long as short
Katana Perps ETH-USD+0.0100%8h2,726.9−0.026%$500K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,729.3+0.064%$15.4M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,727.3−0.012%$13.7M$104.9M50xas long as short
Hyperliquid ETH+0.0100%1h2,729.7+0.077%$3.09B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,728.2+0.022%$31.8M$334.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,727.4−0.007%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,728+0.014%$1.5M$16.1M25xas long as short
Gate ETH_USDT+0.0100%8h2,727.5−0.003%$3.33B$8.84B200xas long as short
Bitget ETHUSDT+0.0100%8h2,727.5−0.005%$2.08B$2.74B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,726.5−0.040%$15.0M$42.7M50xas long as short
Variational Omni ETH+0.0100%8h2,728.8+0.046%$134.6M$323.6Mas long as short
edgeX ETHUSDC+0.0100%4h2,727.9+0.012%$183.5M$671.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,731+0.125%$158.9M$87.3M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,729.4+0.066%$8.7M$31.2M100xas long as short
StandX ETH-USD+0.0100%1h2,729.3+0.062%$21.0M$73.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,728.2+0.022%$846K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,728.1+0.018%$11.2M$9.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,727.2−0.015%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,728.1+0.019%$40.9M$30.1M15xas long as short
SoDEX ETH-USDshort+0.0100%1h2,726.9−0.026%$54.3M$187.8M40x
Bulk ETH-USD+0.0100%1h2,726.9−0.024%$164.5M$309.8M25xas long as short
Extended ETH-USD+0.0104%1h2,726.5−0.039%$30.6M$73.8M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,728+0.013%$50.1M$4.27B50xas long as short
RISEx ETH/USDC+0.0108%1h2,727.9+0.011%$5.6M$11.7M25xas long as short
Kalshi KXETHPERP+0.0130%8h2,728+0.015%$6.4M$688.4M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0176%1h2,727.5−0.004%$83.0M$316.7M100xas long as short
Orderly PERP_ETH_USDC+0.0189%8h2,728.9+0.046%$32.1M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0205%1h2,725.7−0.071%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,728.1+0.017%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0338%8h2,727.6−0.002%$283.4M$174.5M150xas long as short