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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.004%
Price spread now: SunX against Extended+0.035%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$170.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.035%, 7d avg +0.015%
Together, before fees−0.056%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,760.30.0104pay 0.0013% / 1h6m 25s$31.5M$75.6M50x
ShortSunX ETH-USDT2,761.20.0100get 0.0100% / 8h4h 06m$968K$14.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.035% → +0.015%
$1.96
Slippage, 4 orders
−$3.65
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$15.53
Costs to cover
0.167%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; SunX: live order book, 7 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, 2 min ago0.18 bp2.7 bp −$32.7 bp −$275.7 bp −$57213.7 bp −$6,829
Sell SunX live order book, 7 min ago1.65 bp5.6 bp −$65.8 bp −$587.8 bp −$7819.7 bp −$4,871

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
Injective ETH/USDC PERP−0.0208%1h2,761.8+0.055%$119K$22.5M52xas long as short
Perpl ETH−0.0112%43m2,759.9−0.015%$269K$6.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,762+0.062%$5K$2K50xas long as short
SoDEX ETH-USD−0.0019%1h2,762.1+0.066%$55.7M$184.4M40xas long as short
Phoenix ETH−0.0003%1h2,762.9+0.095%$928K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,763.2+0.104%$13.5M$42.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,763.6+0.119%$22.4M200xas long as short
Bulk ETH-USD+0.0012%1h2,762.6+0.083%$165.0M$265.6M25xas long as short
OKX ETH-USDT-SWAP+0.0016%8h2,759.3−0.035%$1.73B$11.31B100xas long as short
ApeX Omni ETHUSDT+0.0018%1h2,761.7+0.051%$8.4M$28.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETH-PERPETUAL+0.0018%1h2,764.2+0.140%$258.4M$209.2M50xas long as short
GMX ETH/USD [ETH-USDC]L +0.0020% / S +0.0013%1h2,763.6+0.120%$12.3M200xas long as short
Bullet ETH-USD+0.0022%1h2,759.2−0.040%$194K$1.8M20xas long as short
01 Exchange ETHUSD+0.0024%1h2,761.9+0.059%$178K$1.2M50xas long as short
Phemex ETHUSDT+0.0029%8h2,762.6+0.085%$267.1M$64.5M150xas long as short
MEXC ETH_USDT+0.0038%8h2,759.1−0.043%$1.62B$2.48B500xas long as short
Binance ETHUSDT+0.0039%8h2,760.7+0.016%$6.57B$16.31B150xas long as short
Aevo ETH-PERP+0.0040%1h2,760.9+0.023%$5.0M$651K20xas long as short
RISEx ETH/USDC+0.0044%1h2,761.7+0.050%$5.8M$12.2M25xas long as short
Gate ETH_USDT+0.0051%8h2,760.6+0.013%$3.35B$9.26B200xas long as short
Aster ETHUSDT+0.0057%8h2,760.8+0.018%$268.2M$947.4M200xas long as short
Aftermath Perps ETHUSD+0.0071%1h2,763.3+0.109%$29K$20K20xas long as short
Bitget ETHUSDT+0.0073%8h2,759.5−0.030%$2.09B$3.00B150xas long as short
Variational Omni ETH+0.0092%8h2,760.4+0.003%$139.7M$304.4Mas long as short
Lighter ETH+0.0096%1h2,761.3+0.037%$115.1M$498.6M50xas long as short
Lighter RH ETH+0.0096%1h2,762.9+0.096%$25.5M$122.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,763.1+0.101%$44.1M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,765.4+0.186%$15.8M$10.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,762.7+0.088%$481K$2.6M50xas long as short
Nado ETH-PERP+0.0100%1h2,761+0.027%$17.3M$112.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,762.1+0.066%$3.23B$2.21B25xas long as short
Pacifica ETH+0.0100%1h2,761.5+0.044%$31.2M$265.1M50xas long as short
Bybit ETHUSDT+0.0100%8h2,760.5+0.009%$2.53B$4.42B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,760.8+0.019%$2.9M$15.4M25xas long as short
Arcus ETH-USD+0.0100%1h2,762.4+0.078%$2.9M$16.9M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,761+0.026%$413.3M$711.2M100xas long as short
BingX ETH-USDC+0.0100%8h2,761.4+0.039%$16.9Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,762.7+0.087%$15.3M$41.9M50xas long as short
edgeX ETHUSDC+0.0100%4h2,761.2+0.034%$179.7M$749.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,761.6+0.047%$160.6M$95.7M50xas long as short
StandX ETH-USD+0.0100%1h2,762.1+0.066%$21.3M$56.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,761+0.027%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,762+0.062%$11.3M$7.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,763.8+0.128%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,765.7+0.196%$42.9M$29.2M15xas long as short
SunX ETH-USDTshort+0.0100%8h2,761.2+0.035%$968K$14.2M100x
HTX ETH-USDT+0.0100%8h2,761.8+0.054%$1.08B$1.24B200xas long as short
Extended ETH-USDlong+0.0104%1h2,760.3long leg$31.5M$75.6M50x
Orderly PERP_ETH_USDC+0.0113%8h2,765.4+0.187%$32.5M$11.1M100xas long as short
Kalshi KXETHPERP+0.0128%8h2,763.2+0.106%$8.6M$642.9M4.9xas long as short
Coinbase International ETH-PERP-INTX+0.0128%1h2,764.1+0.137%$59.6M$4.57B50xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,763.6+0.120%$278K$1.5M20xas long as short
BloFin ETH-USDT+0.0154%8h2,762.2+0.069%$292.7M$186.8M150xas long as short
Kraken Futures PF_ETHUSD+0.0163%1h2,763.7+0.125%$85.4M$322.1M100xas long as short
Reya ETHRUSDPERP+0.0226%1h2,758.9−0.049%$7.5M$936K25xas long as short