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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment $0.42 per $10,000 · paid last 24h +0.016%
Price spread now: Aster against Bitget+0.004%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.004%, 7d avg +0.006%
Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHUSDT2,772.70.0073pay 0.0073% / 8h1h 50m$2.10B$3.11B150x
ShortAster ETHUSDT2,772.80.0031get 0.0031% / 8h1h 50m$256.4M$992.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$8.81
Price spread: +0.004% → +0.006%
−$0.23
Slippage, 4 orders
−$0.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$29.12
Costs to cover
0.201%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Aster: 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 Bitget live order book, 3 min ago0.02 bp6.0 bp −$66.1 bp −$617.9 bp −$7869.4 bp −$4,699
Sell Aster live order book, 3 min ago0.02 bp4.0 bp −$44.3 bp −$435.2 bp −$52212.4 bp −$6,175

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%43m2,771.6−0.040%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,770.6−0.075%$5.7M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.8−0.033%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,773.3+0.021%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,770.9−0.065%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0001%1h2,772.3−0.014%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,772.8+0.003%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,772−0.026%$884K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772.3−0.016%$22.4M200xas long as short
BingX ETH-USDT+0.0018%8h2,772.70.000%$1.18Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,772.5−0.008%$1.71B$11.84B100xas long as short
Phemex ETHUSDT+0.0023%8h2,770.8−0.071%$266.9M$65.7M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,772.2−0.019%$13.2M200xas long as short
Aster ETHUSDTshort+0.0031%8h2,772.8+0.004%$256.4M$992.8M200x
Nado ETH-PERP+0.0038%1h2,771.1−0.057%$14.3M$118.5M50xas long as short
Bullet ETH-USD+0.0039%1h2,771−0.063%$182K$1.8M20xas long as short
Hibachi ETH/USDT-P+0.0048%1h2,773.9+0.042%$288K$1.5M20xas long as short
Binance ETHUSDT+0.0053%8h2,773+0.011%$6.44B$17.16B150xas long as short
MEXC ETH_USDT+0.0053%8h2,772.9+0.008%$1.61B$2.64B500xas long as short
Aevo ETH-PERP+0.0056%1h2,769.7−0.109%$5.0M$636K20xas long as short
SoDEX ETH-USD+0.0067%1h2,770.7−0.072%$55.2M$228.6M40xas long as short
Bitget ETHUSDTlong+0.0073%8h2,772.7long leg$2.10B$3.11B150x
Gate ETH_USDT+0.0082%8h2,772.1−0.023%$3.29B$9.54B200xas long as short
Deribit ETH-PERPETUAL+0.0086%1h2,772.2−0.018%$258.4M$224.4M50xas long as short
Lighter ETH+0.0096%1h2,773.4+0.023%$115.0M$495.9M50xas long as short
Lighter RH ETH+0.0096%1h2,774.8+0.077%$25.4M$120.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,772.2−0.019%$41.7M500xas long as short
HTX ETH-USDT+0.0097%8h2,770.3−0.088%$1.08B$1.32B200xas long as short
Variational Omni ETH+0.0098%8h2,772.1−0.020%$135.2M$326.5Mas long as short
Paradex ETH-USD-PERP+0.0100%8h2,772.5−0.008%$15.9M$10.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.2−0.054%$481K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,774.9+0.079%$3.19B$2.38B25xas long as short
Pacifica ETH+0.0100%1h2,773.3+0.022%$31.2M$293.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,772.8+0.003%$2.51B$4.61B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.6−0.004%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,774.7+0.071%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.6−0.076%$166.0M$246.3M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,773+0.009%$424.1M$738.6M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.3−0.050%$15.2M$44.0M50xas long as short
edgeX ETHUSDC+0.0100%4h2,772.5−0.007%$179.7M$779.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.1+0.123%$161.5M$95.8M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,771.8−0.034%$8.7M$32.7M100xas long as short
StandX ETH-USD+0.0100%1h2,773.8+0.039%$21.4M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,771.4−0.045%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,772.6−0.004%$10.8M$7.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772−0.024%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,773.3+0.020%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.4−0.082%$970K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,770.1−0.094%$31.4M$75.1M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,772−0.026%$59.9M$4.60B50xas long as short
Kalshi KXETHPERP+0.0108%8h2,772.1−0.022%$8.5M$673.2M4.9xas long as short
Orderly PERP_ETH_USDC+0.0138%8h2,773.7+0.035%$32.5M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,771.7−0.035%$86.1M$330.7M100xas long as short
BloFin ETH-USDT+0.0173%8h2,771−0.061%$285.0M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0187%1h2,770.9−0.065%$7.3M$1.1M25xas long as short