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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.059%
Price spread now: BloFin against Aevo+0.354%53s7-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 +$7 a day on $10k at the current rate, and BloFin is 0.354% dearer against Aevo than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.70560.0104pay 0.0013% / 1h28m 22s$8K3x
ShortBloFin ETHFI-USDT0.70810.0340get 0.0170% / 4h28m 22s$1.2M$249K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$49.56
Price spread: +0.354% → 0.000%
$35.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
$56.93
Costs to cover
0.280%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago1.42 bp25.6 bp −$2650.3 bp −$503118.6 bp −$11.9Kdoesn't fit
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
Deribit ETHFI_USDC-PERPETUAL−0.0599%1h0.7062+0.084%$40K$12K10xas long as short
HTX ETHFI-USDT−0.0269%4h0.7056−0.001%$87K$168K20xas long as short
Orderly PERP_ETHFI_USDC−0.0220%4h0.7061+0.070%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.607%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7084+0.397%$265K$209K20xas long as short
Paradex ETHFI-USD-PERP+0.0053%8h0.7069+0.190%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7076+0.276%$1.1M$879K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7073+0.236%$17.5M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7073+0.236%$181K$262K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7060+0.054%$24.5M$35.3M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7061+0.070%$17.7M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7065+0.127%$5.1M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7074+0.255%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7066+0.141%$15.7M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7075+0.269%$1.2M$244K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7059+0.042%$6.1M$5.2M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7066+0.141%$26.0Mas long as short
Variational Omni ETHFI+0.0100%4h0.7066+0.145%$977K$708Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7085+0.405%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7073+0.240%$1K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7065+0.127%$97K$382K10xas long as short
Aevo ETHFI-PERPlong+0.0104%1h0.7056long leg$8K3x
BloFin ETHFI-USDTshort+0.0340%4h0.7081+0.354%$1.2M$249K75x
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7090+0.481%$31K$6K50xas long as short