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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: StandX against Bullet+0.068%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Long on BulletShort on StandX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.046%+$5 on $10k
Price spread, last 7 days−0.075%−$7 · spread now +0.068%, 7d avg +0.005%
Together, before fees−0.029%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.063% dearer against Bullet than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ETH-USD2,769.60.0049pay 0.0006% / 1h25m 45s$182K$1.7M20x
ShortStandX ETH-USD2,771.50.0100get 0.0013% / 1h25m 45s$21.4M$58.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bullet. 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
$10.77
Price spread: +0.068% → +0.005%
$6.31
Slippage, 4 orders
−$7.23
Fee Bullet: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$6.15
Costs to cover
0.232%
Break-even
11.0 days
Slippage from Bullet: 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 Bullet live order book, 3 min ago0.54 bp6.6 bp −$78.7 bp −$87doesn't fitdoesn't fit
Sell StandX live order book, 3 min ago1.26 bp5.6 bp −$66.8 bp −$689.3 bp −$932doesn'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−0.0223%43m2,770.4+0.030%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,770.3+0.024%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,781.9+0.444%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.3+0.061%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0032%1h2,772.4+0.099%$8.8M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,770.8+0.043%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,770+0.015%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,773.6+0.144%$877K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.5+0.030%$22.4M—200xas long as short
BingX ETH-USDC+0.0016%8h2,768.9−0.024%—$17.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0020%8h2,768.1−0.055%$1.70B$11.86B100xas long as short
Aftermath Perps ETHUSD+0.0020%1h2,773.9+0.156%$29K$22K20xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,770.4+0.028%$12.9M—200xas long as short
Aster ETHUSDT+0.0031%8h2,769.1−0.017%$255.6M$1.00B200xas long as short
Phemex ETHUSDT+0.0034%8h2,769.4−0.007%$270.0M$69.0M150xas long as short
SoDEX ETH-USD+0.0035%1h2,768.9−0.026%$55.1M$229.0M40xas long as short
Bullet ETH-USDlong+0.0049%1h2,769.6long leg$182K$1.7M20x
Deribit ETH-PERPETUAL+0.0057%1h2,770.6+0.035%$259.0M$222.3M50xas long as short
Binance ETHUSDT+0.0058%8h2,768.5−0.042%$6.45B$17.30B150xas long as short
MEXC ETH_USDT+0.0060%8h2,769.2−0.014%$1.60B$2.65B500xas long as short
Aevo ETH-PERP+0.0064%1h2,766.3−0.118%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0066%8h2,768.8−0.029%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0072%8h2,769.7+0.001%$3.29B$9.65B200xas long as short
KuCoin ETHUSDTM+0.0084%8h2,768.9−0.026%$420.8M$739.8M100xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,770.2+0.022%$59.9M$4.59B50xas long as short
Bybit ETHUSDT+0.0090%8h2,768.6−0.038%$2.50B$4.63B150xas long as short
Vest ETH-PERP+0.0094%1h2,771+0.049%—$1.1M50xas long as short
HTX ETH-USDT+0.0096%8h2,769−0.021%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,769.3−0.011%$115.1M$499.6M50xas long as short
Lighter RH ETH+0.0096%1h2,770.6+0.037%$25.3M$121.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,772.9+0.120%—$42.0M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.2+0.022%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.5+0.032%$476K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.6+0.036%$14.3M$118.2M50xas long as short
Hyperliquid ETH+0.0100%1h2,771+0.050%$3.18B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,769−0.021%$31.2M$312.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.6+0.036%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.8+0.078%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,772.9+0.119%$167.0M$259.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.1−0.018%$15.1M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,770.3+0.026%$147.5M$336.1M—as long as short
edgeX ETHUSDC+0.0100%4h2,772.2+0.092%$182.0M$782.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,774.1+0.163%$161.3M$89.3M50xas long as short
StandX ETH-USDshort+0.0100%1h2,771.5+0.068%$21.4M$58.6M40x
Polymarket Perps ETH-USD+0.0100%1h2,770.4+0.028%$10.7M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.2+0.021%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,771.5+0.068%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,771.2+0.058%$972K$13.9M100xas long as short
Extended ETH-USD+0.0104%1h2,768.6−0.037%$32.5M$78.1M50xas long as short
Kalshi KXETHPERP+0.0114%8h2,772.1+0.090%$8.2M$686.1M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,769.9+0.012%$86.3M$333.7M100xas long as short
Orderly PERP_ETH_USDC+0.0141%8h2,771.7+0.074%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0180%8h2,770.9+0.047%$287.2M$194.1M150xas long as short
Reya ETHRUSDPERP+0.0202%1h2,769.9+0.012%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0232%1h2,771.7+0.075%$252K$1.6M20xas long as short