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 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Katana Perps against StandX−0.061%7-day average −0.055% · you buy dearer than you sell
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 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.061%, 7d avg −0.055%
Together, before fees+0.046%+ Points / potential airdropStandX: Active · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,774.50.0100pay 0.0013% / 1h13m 26s$21.4M$58.2M40x
ShortKatana Perps ETH-USD2,772.80.0100get 0.0100% / 8h1h 13m$477K$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against StandX. 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
−$0.04
Price spread: −0.061% → −0.055%
−$0.61
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$12.45
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 1 min ago; Katana Perps: no order-book sample. 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 StandX live order book, 1 min ago1.44 bp5.8 bp −$66.7 bp −$678.3 bp −$82617.2 bp −$8,589
Sell Katana Perps no order-book sample
Katana 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
Perpl ETH−0.0447%43m2,773.1−0.049%$287K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,772.2−0.082%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,773.9−0.022%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.6+0.184%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,772.9−0.058%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0003%1h2,776.2+0.061%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,774.2−0.010%$12.7M$45.6M50xas long as short
Phoenix ETH0.0000%1h2,775.9+0.050%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773−0.053%$22.4M200xas long as short
BingX ETH-USDC+0.0015%8h2,772.1−0.087%$17.4Mas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0019%8h2,772.3−0.079%$1.70B$11.84B100xas long as short
Phemex ETHUSDT+0.0023%8h2,774.2−0.011%$269.9M$68.6M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,774.7+0.007%$12.9M200xas long as short
Bullet ETH-USD+0.0029%1h2,772.1−0.085%$181K$1.7M20xas long as short
Deribit ETH-PERPETUAL+0.0035%1h2,775.6+0.039%$258.4M$222.4M50xas long as short
Aster ETHUSDT+0.0037%8h2,772.8−0.061%$256.2M$992.4M200xas long as short
Nado ETH-PERP+0.0060%1h2,772.3−0.078%$14.2M$118.2M50xas long as short
Aevo ETH-PERP+0.0064%1h2,772.8−0.061%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0064%8h2,772.3−0.080%$6.43B$17.21B150xas long as short
MEXC ETH_USDT+0.0065%8h2,772.2−0.085%$1.61B$2.67B500xas long as short
ApeX Omni ETHUSDT+0.0066%1h2,775.6+0.038%$8.8M$32.6M100xas long as short
Bitget ETHUSDT+0.0068%8h2,772.3−0.081%$2.10B$3.10B150xas long as short
SoDEX ETH-USD+0.0071%1h2,773.7−0.029%$55.2M$228.9M40xas long as short
Gate ETH_USDT+0.0072%8h2,772.3−0.080%$3.29B$9.66B200xas long as short
Bybit ETHUSDT+0.0092%8h2,772.2−0.082%$2.52B$4.62B150xas long as short
HTX ETH-USDT+0.0092%8h2,774.2−0.009%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,773−0.053%$115.0M$502.4M50xas long as short
Lighter RH ETH+0.0096%1h2,775.2+0.024%$25.4M$121.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,775.1+0.021%$41.6M500xas long as short
KuCoin ETHUSDTM+0.0097%8h2,772.9−0.059%$422.2M$739.0M100xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,772.7−0.064%$15.9M$10.5M50xas long as short
Katana Perps ETH-USDshort+0.0100%8h2,772.8−0.061%$477K$2.7M50x
Hyperliquid ETH+0.0100%1h2,775+0.017%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,773.5−0.035%$31.2M$302.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,772.2−0.083%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,773.7−0.029%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.9+0.159%$165.9M$253.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774.6+0.003%$15.2M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,774.7+0.009%$141.6M$331.6Mas long as short
edgeX ETHUSDC+0.0100%4h2,775.7+0.043%$181.7M$784.8M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.8+0.046%$161.4M$91.4M50xas long as short
StandX ETH-USDlong+0.0100%1h2,774.5long leg$21.4M$58.2M40x
Vest ETH-PERP+0.0100%1h2,773.3−0.043%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.7−0.029%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,775.4+0.033%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,776.3+0.065%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,774.2−0.010%$973K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,771.4−0.110%$32.6M$77.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,775.1+0.022%$59.8M$4.60B50xas long as short
Kalshi KXETHPERP+0.0126%8h2,775.6+0.040%$8.4M$680.3M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,776.7+0.079%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,774.9+0.016%$86.1M$332.4M100xas long as short
BloFin ETH-USDT+0.0186%8h2,774.3−0.008%$284.1M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0194%1h2,772.1−0.087%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,776.3+0.063%$270K$1.5M20xas long as short