ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: StandX against Coinbase International−0.072%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$230.227% of the position

Long on Coinbase International Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.072%, 7d avg −0.020%

Together, before fees+0.056%+ Points / potential airdropStandX: Active · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.052% cheaper against Coinbase International than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ETH-PERP-INTX	2,776.1	0.0104	pay 0.0013% / 1h	25m 18s	$60.1M	$4.60B	50x
Short	StandX ETH-USD	2,774.1	0.0100	get 0.0013% / 1h	25m 18s	$21.4M	$58.0M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee StandXbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$0.84
Price spread: −0.072% → −0.020%: −$5.24
Slippage, 4 orders: −$4.69
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$28.77
Costs to cover: 0.227%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; StandX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 4 min ago	0.02 bp	5.8 bp −$6	6.2 bp −$62	8.3 bp −$826	19.5 bp −$9,770
Sell StandX live order book, 4 min ago	1.26 bp	6.0 bp −$6	8.2 bp −$82	11.8 bp −$1,179	doesn't fit

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ETH	−0.0447%	43m	2,774	−0.076%	$288K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,773.3	−0.102%	$5.8M	$12.0M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,771.8	−0.155%	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,771.8	−0.155%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,773.9	−0.080%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0014%	1h	2,773.6	−0.092%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,773.4	−0.097%	$12.7M	$45.5M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,773.9	−0.080%	$885K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,775.8	−0.010%	$22.4M	—	200x	as long as short
BingX ETH-USDT	+0.0017%	8h	2,775.1	−0.036%	—	$1.18B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex ETHUSDT	+0.0021%	8h	2,775.5	−0.022%	$269.8M	$68.7M	150x	as long as short
OKX ETH-USDT-SWAP	+0.0021%	8h	2,774.5	−0.058%	$1.69B	$11.86B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,775.7	−0.015%	$13.0M	—	200x	as long as short
Aster ETHUSDT	+0.0033%	8h	2,775	−0.040%	$256.1M	$991.4M	200x	as long as short
Bullet ETH-USD	+0.0037%	1h	2,774.7	−0.051%	$181K	$1.7M	20x	as long as short
MEXC ETH_USDT	+0.0060%	8h	2,774.9	−0.043%	$1.62B	$2.67B	500x	as long as short
Binance ETHUSDT	+0.0060%	8h	2,775.1	−0.035%	$6.43B	$17.17B	150x	as long as short
Nado ETH-PERP	+0.0060%	1h	2,772.8	−0.119%	$14.3M	$118.1M	50x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,772.4	−0.133%	$5.0M	$636K	20x	as long as short
Bitget ETHUSDT	+0.0071%	8h	2,774.8	−0.046%	$2.10B	$3.10B	150x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,775	−0.040%	$3.29B	$9.62B	200x	as long as short
ApeX Omni ETHUSDT	+0.0073%	1h	2,772.4	−0.133%	$8.8M	$32.6M	100x	as long as short
SoDEX ETH-USD	+0.0076%	1h	2,774.7	−0.051%	$55.2M	$228.9M	40x	as long as short
Bybit ETHUSDT	+0.0093%	8h	2,775	−0.041%	$2.51B	$4.62B	150x	as long as short
HTX ETH-USDT	+0.0094%	8h	2,774.5	−0.058%	$1.08B	$1.32B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,775.6	−0.020%	$115.1M	$500.3M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,774	−0.076%	$25.3M	$121.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,773.4	−0.096%	—	$41.6M	500x	as long as short
Deribit ETH-PERPETUAL	+0.0096%	1h	2,776.5	+0.013%	$258.3M	$222.1M	50x	as long as short
KuCoin ETHUSDTM	+0.0097%	8h	2,773.6	−0.090%	$423.4M	$739.4M	100x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,771.8	−0.156%	$15.9M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,773.6	−0.090%	$477K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,777.1	+0.036%	$3.19B	$2.37B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,772.8	−0.119%	$31.2M	$299.8M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,772.4	−0.134%	$2.8M	$16.9M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,775.3	−0.031%	$2.7M	$17.5M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,767.4	−0.313%	$166.0M	$246.7M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,771.2	−0.179%	$15.1M	$44.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,771.9	−0.152%	$137.1M	$324.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.7	−0.195%	$181.3M	$782.1M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,772.9	−0.114%	$161.3M	$91.2M	50x	as long as short
StandX ETH-USDshort	+0.0100%	1h	2,774.1	−0.072%	$21.4M	$58.0M	40x
Vest ETH-PERP	+0.0100%	1h	2,774.5	−0.059%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,776	−0.004%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,775.7	−0.014%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,777	+0.031%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,773	−0.112%	$971K	$14.0M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,774.3	−0.066%	$32.8M	$77.4M	50x	as long as short
Coinbase International ETH-PERP-INTXlong	+0.0104%	1h	2,776.1	long leg	$60.1M	$4.60B	50x
Kalshi KXETHPERP	+0.0123%	8h	2,774.5	−0.058%	$8.4M	$678.1M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0136%	8h	2,777.5	+0.049%	$32.6M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,775.9	−0.008%	$86.0M	$331.7M	100x	as long as short
BloFin ETH-USDT	+0.0180%	8h	2,774.5	−0.059%	$285.6M	$194.6M	150x	as long as short
Reya ETHRUSDPERP	+0.0191%	1h	2,774.5	−0.059%	$7.4M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0192%	1h	2,775.1	−0.035%	$271K	$1.5M	20x	as long as short