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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.007%
Price spread now: BingX against Aevo+0.134%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.134% dearer against Aevo than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.71920.0088pay 0.0011% / 1h32m 31s$9K3x
ShortBingX ETHFI-USDC0.72020.0100get 0.0050% / 4h32m 31s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aevo. 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
$2.52
Price spread: +0.134% → 0.000%
$13.43
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BingX: 5 bp × 2 orders
−$10
Net
−$10.05
Costs to cover
0.260%
Break-even
34.9 days
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 8 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 Aevo no order-book sample
Sell BingX live order book, 8 min ago2.08 bp30.4 bp −$3096.1 bp −$961592.2 bp −$59.2K759.8 bp −$379.9K
Aevo: 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.

ETHFI on 24 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
HTX ETHFI-USDT−0.0331%4h0.7183−0.130%$83K$164K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0305%1h0.7197+0.065%$42K$18K10xas long as short
Orderly PERP_ETHFI_USDC−0.0190%4h0.7194+0.023%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0028%8h0.7199+0.098%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.663%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0036%4h0.7200+0.107%$15.3M$3.8M125xas long as short
Binance ETHFIUSDT+0.0039%4h0.7198+0.077%$25.1M$37.2M75xas long as short
Extended ETHFI-USD+0.0040%1h0.7198+0.078%$93K$493K10xas long as short
Aster ETHFIUSDT+0.0056%4h0.7206+0.185%$184K$262K10xas long as short
Aevo ETHFI-PERPlong+0.0088%1h0.7192long leg$9K3x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7211+0.261%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7211+0.255%$18.2M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7197+0.065%$18.2M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7201+0.120%$5.0M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7199+0.093%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7196+0.051%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7197+0.065%$6.1M$5.7M75xas long as short
BingX ETHFI-USDCshort+0.0100%4h0.7202+0.134%$1.2M
Variational Omni ETHFI+0.0100%4h0.7192−0.009%$1.1M$738Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7200+0.102%$60K$94K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7198+0.079%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0149%4h0.7196+0.051%$1.3M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+0.621%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0550%1h0.7203+0.146%$277K$161K20xas long as short