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

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: SunX against Ondo Perps+0.123%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.123%, 7d avg +0.002%
Together, before fees−0.379%+ Points / potential airdropOndo Perps: Active · farm board−$38 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: SunX is 0.121% dearer against Ondo Perps than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ETH-USD.P2,742.70.0100pay 0.0013% / 1h9m 52s$2.7M$16.8M25x
ShortSunX ETH-USDT2,746.10.0100get 0.0100% / 8h5h 09m$963K$11.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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: +0.123% → +0.002%
$12.13
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$0.87
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell SunX live order book, 9 min ago0.20 bp4.2 bp −$45.2 bp −$527.6 bp −$759doesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff ETH-PERP−0.0080%1h2,747.4+0.171%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,735.6−0.259%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,745.8+0.112%$12.1M200xas long as short
Perpl ETH0.0000%43m2,746.2+0.128%$305K$5.6M8.3xas long as short
dYdX ETH-USD0.0000%1h2,746.4+0.136%$10.8M$41.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,745.8+0.113%$25.1M200xas long as short
Phoenix ETH+0.0017%1h2,746.8+0.149%$848K$2.9M25xas long as short
01 Exchange ETHUSD+0.0024%1h2,746.9+0.153%$182K$836K50xas long as short
ApeX Omni ETHUSDT+0.0032%1h2,744.4+0.062%$8.8M$30.7M100xas long as short
BingX ETH-USDC+0.0054%8h2,744.2+0.055%$18.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0068%8h2,744+0.048%$1.71B$10.55B100xas long as short
KuCoin ETHUSDTM+0.0071%8h2,744.2+0.056%$382.0M$575.1M100xas long as short
Bullet ETH-USD+0.0073%1h2,745.3+0.095%$182K$1.7M20xas long as short
RISEx ETH/USDC+0.0077%1h2,747.4+0.170%$5.6M$11.4M25xas long as short
Aster ETHUSDT+0.0087%8h2,744.4+0.064%$253.9M$840.9M200xas long as short
SoDEX ETH-USD+0.0090%1h2,745.3+0.095%$54.7M$187.6M40xas long as short
MEXC ETH_USDT+0.0094%8h2,743.6+0.031%$1.57B$2.56B500xas long as short
Binance ETHUSDT+0.0094%8h2,743.7+0.036%$6.38B$15.68B150xas long as short
Lighter ETH+0.0096%1h2,745.7+0.109%$112.9M$436.1M50xas long as short
Lighter RH ETH+0.0096%1h2,747+0.157%$24.7M$104.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,747.4+0.172%$30.4M500xas long as short
Aevo ETH-PERP+0.0096%1h2,744+0.047%$4.9M$154K20xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,746.3+0.132%$55.6M$4.26B50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,750.9+0.298%$16.0M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,747+0.157%$469K$3.1M50xas long as short
Nado ETH-PERP+0.0100%1h2,746.8+0.151%$13.9M$104.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,745.8+0.113%$3.12B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,747.4+0.171%$31.8M$334.5M50xas long as short
Bybit ETHUSDT+0.0100%8h2,743.9+0.043%$2.45B$4.17B150xas long as short
Ondo Perps ETH-USD.Plong+0.0100%1h2,742.7long leg$2.7M$16.8M25x
Arcus ETH-USD+0.0100%1h2,747.4+0.172%$2.8M$16.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,746.6+0.141%$165.7M$303.2M25xas long as short
Gate ETH_USDT+0.0100%8h2,743.8+0.041%$3.39B$8.77B200xas long as short
Bitget ETHUSDT+0.0100%8h2,743.6+0.034%$2.08B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,744.2+0.054%$15.0M$39.3M50xas long as short
Variational Omni ETH+0.0100%8h2,743.1+0.015%$133.1M$325.6Mas long as short
edgeX ETHUSDC+0.0100%4h2,743.6+0.031%$182.4M$665.2M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,743.7+0.037%$159.6M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,744.4+0.062%$21.2M$68.1M40xas long as short
Vest ETH-PERP+0.0100%1h2,747.2+0.163%$815K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,747.2+0.164%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,747.1+0.162%$41.5M$29.6M15xas long as short
SunX ETH-USDTshort+0.0100%8h2,746.1+0.123%$963K$11.4M100x
HTX ETH-USDT+0.0100%8h2,746.6+0.140%$1.06B$1.17B200xas long as short
Phemex ETHUSDT+0.0100%8h2,745.2+0.091%$266.8M$64.9M150xas long as short
Extended ETH-USD+0.0104%1h2,743+0.010%$30.7M$71.9M50xas long as short
Aftermath Perps ETHUSD+0.0133%1h2,745.7+0.110%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0159%8h2,746.5+0.139%$7.8M$670.6M4.9xas long as short
Orderly PERP_ETH_USDC+0.0195%8h2,747.7+0.183%$32.3M$11.4M100xas long as short
Deribit ETH-PERPETUAL+0.0202%1h2,747.1+0.162%$259.8M$195.3M50xas long as short
BloFin ETH-USDT+0.0218%8h2,745.4+0.097%$285.8M$180.2M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,746.4+0.135%$86.6M$310.1M100xas long as short
Reya ETHRUSDPERP+0.0227%1h2,744.8+0.075%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,745.8+0.115%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.0380%1h2,745.6+0.106%$21K$20K25xas long as short