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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: StandX against Nado+0.057%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.057%, 7d avg +0.002%
Together, before fees−0.063%+ Points / potential airdropNado: Active · StandX: 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 0.055% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ETH-PERP2,726.60.0100pay 0.0012% / 1h31m 55s$14.3M$101.0M50x
ShortStandX ETH-USD2,728.10.0100get 0.0013% / 1h31m 55s$20.9M$70.9M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Nado. 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
Price spread: +0.057% → +0.002%
$5.45
Slippage, 4 orders
−$4.58
Fee Nado: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$14.12
Costs to cover
0.196%
Break-even
1451173116462495.5 days
Slippage from Nado: live order book, 2 min ago; StandX: live order book, 2 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 Nado live order book, 2 min ago0.18 bp3.7 bp −$43.7 bp −$375.3 bp −$52813.9 bp −$6,942
Sell StandX live order book, 2 min ago0.37 bp7.4 bp −$77.9 bp −$799.1 bp −$908doesn'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
BloFin ETH-USDT−0.0174%8h2,727+0.016%$280.2M$176.7M150xas long as short
HTX ETH-USDT−0.0128%8h2,724.6−0.072%$1.05B$1.21B200xas long as short
Perpl ETH−0.0112%43m2,726.1−0.015%$275K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,725.5−0.039%$5K$1K50xas long as short
Bybit ETHUSDT−0.0075%8h2,724.4−0.079%$2.31B$4.29B150xas long as short
SunX ETH-USDT−0.0047%8h2,724.8−0.063%$940K$10.6M100xas long as short
Phoenix ETH−0.0012%1h2,732+0.200%$806K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,725.3−0.046%$11.9M200xas long as short
dYdX ETH-USD0.0000%1h2,728+0.055%$10.5M$41.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,726.1−0.017%$6.7M$669.7M4.9xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETH-PERPETUAL0.0000%1h2,726−0.019%$264.1M$219.6M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,725.4−0.042%$32.9M200xas long as short
Gate ETH_USDT+0.0016%8h2,725.1−0.052%$3.27B$8.27B200xas long as short
ApeX Omni ETHUSDT+0.0025%1h2,731.7+0.187%$8.4M$31.2M100xas long as short
01 Exchange ETHUSD+0.0040%1h2,725.9−0.024%$194K$888K50xas long as short
Hibachi ETH/USDT-P+0.0048%1h2,731.4+0.179%$237K$1.4M20xas long as short
SoDEX ETH-USD+0.0048%1h2,725−0.057%$54.3M$182.4M40xas long as short
Aster ETHUSDT+0.0075%8h2,725.3−0.047%$252.2M$842.1M200xas long as short
OKX ETH-USDT-SWAP+0.0076%8h2,724.7−0.068%$1.65B$10.62B100xas long as short
Aevo ETH-PERP+0.0080%1h2,726−0.022%$4.9M$195K20xas long as short
KuCoin ETHUSDTM+0.0082%8h2,724.7−0.069%$382.5M$565.0M100xas long as short
Binance ETHUSDT+0.0086%8h2,724.8−0.063%$6.30B$16.00B150xas long as short
MEXC ETH_USDT+0.0087%8h2,724.6−0.073%$1.56B$2.56B500xas long as short
Bullet ETH-USD+0.0089%1h2,724.8−0.064%$175K$1.7M20xas long as short
Lighter ETH+0.0096%1h2,725.8−0.029%$112.4M$402.0M50xas long as short
Lighter RH ETH+0.0096%1h2,727+0.015%$23.6M$96.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,727.6+0.038%$30.4M500xas long as short
Katana Perps ETH-USD+0.0100%8h2,726.1−0.017%$498K$3.6M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,730.5+0.145%$15.4M$7.2M50xas long as short
Nado ETH-PERPlong+0.0100%1h2,726.6long leg$14.3M$101.0M50x
Hyperliquid ETH+0.0100%1h2,727.2+0.025%$3.10B$2.03B25xas long as short
Pacifica ETH+0.0100%1h2,727.2+0.024%$32.0M$333.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,725.9−0.024%$2.7M$16.3M25xas long as short
Arcus ETH-USD+0.0100%1h2,726.3−0.009%$1.6M$15.8M25xas long as short
Bulk ETH-USD+0.0100%1h2,729.4+0.104%$164.7M$339.6M25xas long as short
Bitget ETHUSDT+0.0100%8h2,725−0.057%$2.11B$2.73B150xas long as short
BingX ETH-USDC+0.0100%8h2,724.3−0.081%$18.7Mas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,724.7−0.066%$15.1M$39.9M50xas long as short
Variational Omni ETH+0.0100%8h2,730.8+0.155%$132.0M$316.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,731+0.163%$185.8M$683.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,731.8+0.192%$158.8M$80.0M50xas long as short
StandX ETH-USDshort+0.0100%1h2,728.1+0.057%$20.9M$70.9M40x
Vest ETH-PERP+0.0100%1h2,727.6+0.037%$436K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,723.5−0.112%$11.2M$9.3M50xas long as short
Derive ETH-PERP+0.0100%1h2,732.9+0.232%$40.6M$29.2M15xas long as short
Phemex ETHUSDT+0.0100%8h2,725.3−0.045%$262.6M$63.2M150xas long as short
Extended ETH-USD+0.0104%1h2,723.6−0.107%$30.5M$70.6M50xas long as short
Kraken Futures PF_ETHUSD+0.0105%1h2,725.7−0.030%$81.8M$309.0M100xas long as short
Aftermath Perps ETHUSD+0.0118%1h2,730.3+0.139%$30K$20K20xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h2,726.1−0.018%$45.9M$4.22B50xas long as short
RISEx ETH/USDC+0.0137%1h2,726.7+0.007%$5.7M$11.4M25xas long as short
Reya ETHRUSDPERP+0.0172%1h2,724−0.092%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0183%8h2,727.3+0.028%$32.1M$10.9M100xas long as short
Injective ETH/USDC PERP+0.0253%1h2,735+0.310%$117K$21.0M52xas long as short
Bluefin ETH-PERP+0.1713%1h2,725.9−0.023%$20K$23K25xas long as short