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Funding arb · Price arb /

ETH

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Alert: spread
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Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against StandX+0.091%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on StandXShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.015%−$1 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.091%, 7d avg −0.013%
Together, before fees−0.113%+ Points / potential airdropStandX: Active · Variational Omni: Active · farm board−$11 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: Variational Omni is 0.105% dearer against StandX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ETH-USD2,771.30.0100pay 0.0013% / 1h57m 18s$21.4M$58.5M40x
ShortVariational Omni ETH2,773.80.0100get 0.0100% / 8h7h 57m$151.5M$345.4M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
Price spread: +0.091% → −0.013%
$10.47
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$2.47
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: StandX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 StandX live order book, 2 min ago1.08 bp5.8 bp −$66.1 bp −$617.3 bp −$72616.0 bp −$8,009
Sell Variational Omni RFQ quote, 2 min ago0.70 bpdoesn't fit0.8 bp −$85.9 bp −$586doesn'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
Injective ETH/USDC PERP−0.0752%1h2,771.6+0.011%$119K$22.5M52xas long as short
Perpl ETH−0.0223%43m2,769.7−0.057%$284K$6.8M8.3xas long as short
RISEx ETH/USDC−0.0128%1h2,770.8−0.020%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.1−0.007%$5K$1K50xas long as short
SoDEX ETH-USD−0.0025%1h2,770.1−0.043%$55.2M$228.8M40xas long as short
01 Exchange ETHUSD−0.0016%1h2,770.4−0.032%$168K$1.2M50xas long as short
Bullet ETH-USD−0.0015%1h2,770.3−0.036%$182K$1.7M20xas long as short
ApeX Omni ETHUSDT−0.0005%1h2,773.8+0.090%$8.7M$32.9M100xas long as short
dYdX ETH-USD0.0000%1h2,770.5−0.028%$12.7M$45.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,772+0.025%$8.1M$689.8M4.9xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ETH+0.0003%1h2,771.4+0.004%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,771.5+0.009%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0020%8h2,770.4−0.032%$1.71B$11.80B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,771.2−0.003%$12.8M—200xas long as short
Aftermath Perps ETHUSD+0.0035%1h2,773.5+0.079%$29K$22K20xas long as short
Aster ETHUSDT+0.0036%8h2,771.1−0.008%$255.8M$1.00B200xas long as short
Gate ETH_USDT+0.0044%8h2,770.6−0.025%$3.29B$8.88B200xas long as short
Aevo ETH-PERP+0.0056%1h2,770.2−0.039%$5.0M$320K20xas long as short
MEXC ETH_USDT+0.0057%8h2,770−0.045%$1.61B$2.62B500xas long as short
Binance ETHUSDT+0.0057%8h2,770.3−0.037%$6.46B$17.26B150xas long as short
Bitget ETHUSDT+0.0065%8h2,770.9−0.016%$2.10B$3.07B150xas long as short
Deribit ETH-PERPETUAL+0.0068%1h2,771.8+0.017%$259.1M$222.1M50xas long as short
KuCoin ETHUSDTM+0.0080%8h2,770.7−0.021%$422.5M$736.6M100xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,772.2+0.032%$60.7M$4.59B50xas long as short
BingX ETH-USDC+0.0088%8h2,770.3−0.036%—$17.4M—as long as short
Vest ETH-PERP+0.0096%1h2,770.7−0.023%—$1.1M50xas long as short
Lighter ETH+0.0096%1h2,770.1−0.042%$115.1M$455.3M50xas long as short
Lighter RH ETH+0.0096%1h2,771.7+0.013%$25.3M$109.3M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,769.9−0.050%$15.9M$10.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.3−0.036%$484K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.8−0.019%$14.4M$118.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.6+0.047%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,770.6−0.025%$31.2M$319.4M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.4−0.034%$2.51B$4.59B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.6−0.061%$2.8M$17.3M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.4+0.004%$2.7M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.5−0.028%$170.6M$266.1M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.6+0.010%$15.1M$44.2M50xas long as short
Variational Omni ETHshort+0.0100%8h2,773.8+0.091%$151.5M$345.4M—
edgeX ETHUSDC+0.0100%4h2,774.3+0.108%$182.1M$783.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776+0.171%$161.4M$88.9M50xas long as short
StandX ETH-USDlong+0.0100%1h2,771.3long leg$21.4M$58.5M40x
Polymarket Perps ETH-USD+0.0100%1h2,770.3−0.036%$10.6M$8.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.9−0.016%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,773+0.061%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.1−0.043%$971K$13.9M100xas long as short
HTX ETH-USDT+0.0100%8h2,770.5−0.027%$1.08B$1.32B200xas long as short
Phemex ETHUSDT+0.0100%8h2,771.1−0.008%$269.9M$68.7M150xas long as short
Extended ETH-USD+0.0104%1h2,770.2−0.039%$32.5M$78.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,770.6−0.025%—$42.2M500xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,771.6+0.011%$90.7M$338.5M100xas long as short
Orderly PERP_ETH_USDC+0.0146%8h2,772.8+0.055%$32.6M$12.1M100xas long as short
BloFin ETH-USDT+0.0177%8h2,773.3+0.071%$286.9M$193.4M150xas long as short
Hibachi ETH/USDT-P+0.0192%1h2,772+0.025%$252K$1.6M20xas long as short
Reya ETHRUSDPERP+0.0207%1h2,769.8−0.054%$7.3M$1.2M25xas long as short