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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: StandX against Extended+0.048%50s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.021%−$2 · spread now +0.048%, 7d avg +0.066%
Together, before fees−0.022%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,772.80.0104pay 0.0013% / 1h25m 36s$32.8M$77.4M50x
ShortStandX ETH-USD2,774.10.0100get 0.0013% / 1h25m 36s$21.4M$58.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Extended. 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
−$0.84
Price spread: +0.048% → +0.066%
−$1.85
Slippage, 4 orders
−$5.34
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$21.03
Costs to cover
0.183%
Break-even
never at this rate
Slippage from Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.18 bp3.8 bp −$44.2 bp −$426.3 bp −$63015.9 bp −$7,968
Sell StandX live order book, 4 min ago1.26 bp6.0 bp −$68.2 bp −$8211.8 bp −$1,179doesn'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−0.0447%43m2,772.4−0.014%$287K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,773.3+0.018%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,772.9+0.004%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,770.3−0.089%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,772.2−0.021%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0017%1h2,773.7+0.035%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,773.4+0.023%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,769.6−0.115%$883K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.3+0.018%$22.4M200xas long as short
BingX ETH-USDT+0.0017%8h2,773.3+0.020%$1.18Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,773.2+0.014%$1.69B$11.85B100xas long as short
Phemex ETHUSDT+0.0023%8h2,771.8−0.037%$269.5M$68.7M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,773.2+0.015%$13.0M200xas long as short
Aster ETHUSDT+0.0033%8h2,772.8+0.002%$255.9M$991.4M200xas long as short
Bullet ETH-USD+0.0036%1h2,772.3−0.016%$180K$1.7M20xas long as short
Deribit ETH-PERPETUAL+0.0053%1h2,772.9+0.004%$258.3M$222.2M50xas long as short
MEXC ETH_USDT+0.0060%8h2,772.6−0.008%$1.62B$2.67B500xas long as short
Binance ETHUSDT+0.0060%8h2,772−0.028%$6.42B$17.17B150xas long as short
Nado ETH-PERP+0.0060%1h2,772.1−0.023%$14.3M$118.1M50xas long as short
Aevo ETH-PERP+0.0064%1h2,769.5−0.119%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0071%8h2,773.3+0.020%$2.10B$3.10B150xas long as short
SoDEX ETH-USD+0.0072%1h2,771.2−0.057%$55.2M$228.9M40xas long as short
Gate ETH_USDT+0.0073%8h2,773.4+0.023%$3.29B$9.62B200xas long as short
ApeX Omni ETHUSDT+0.0073%1h2,772.4−0.013%$8.8M$32.6M100xas long as short
Bybit ETHUSDT+0.0093%8h2,772.5−0.009%$2.51B$4.61B150xas long as short
HTX ETH-USDT+0.0094%8h2,772.2−0.020%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,772.9+0.004%$115.0M$500.3M50xas long as short
Lighter RH ETH+0.0096%1h2,774+0.044%$25.3M$121.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,773.2+0.016%$41.6M500xas long as short
KuCoin ETHUSDTM+0.0098%8h2,772.3−0.016%$423.2M$739.4M100xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,771.8−0.036%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,773.6+0.030%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,775.3+0.089%$3.19B$2.37B25xas long as short
Pacifica ETH+0.0100%1h2,772.8+0.001%$31.2M$299.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.4−0.014%$2.8M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,775.3+0.089%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,767.4−0.193%$166.0M$246.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.2−0.059%$15.1M$44.6M50xas long as short
Variational Omni ETH+0.0100%8h2,769.4−0.120%$135.0M$322.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,770.7−0.075%$181.3M$782.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,772.9+0.006%$161.3M$91.2M50xas long as short
StandX ETH-USDshort+0.0100%1h2,774.1+0.048%$21.4M$58.0M40x
Vest ETH-PERP+0.0100%1h2,773+0.008%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.8+0.037%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,785.4+0.455%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,773.6+0.030%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.5−0.083%$971K$14.0M100xas long as short
Extended ETH-USDlong+0.0104%1h2,772.8long leg$32.8M$77.4M50x
Coinbase International ETH-PERP-INTX+0.0104%1h2,772.4−0.014%$60.0M$4.59B50xas long as short
Kalshi KXETHPERP+0.0123%8h2,773+0.008%$8.5M$677.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,775.1+0.082%$32.5M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,772−0.029%$85.9M$331.5M100xas long as short
BloFin ETH-USDT+0.0180%8h2,773.1+0.010%$285.2M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0191%1h2,772.4−0.014%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0192%1h2,775.1+0.085%$271K$1.5M20xas long as short