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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0273%/8h= −29.8% APRnext payment $0.34 per $10,000 · paid last 24h −0.158%
Price spread now: Deribit against Aevo+0.100%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
The price spread pays, funding is against you. Deribit is 0.100% dearer against Aevo than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.71570.0104pay 0.0013% / 1h30m 46s$9K3x
ShortDeribit ETHFI_USDC-PERPETUAL0.7164−0.0169pay 0.0021% / 1h30m 46s$41K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$57.24
Price spread: +0.100% → 0.000%
$10.05
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$70.2
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: 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 Aevo no order-book sample
Sell Deribit no order-book sample
Aevo and Deribit: 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 23 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−0.0255%4h0.7164+0.100%$88K$169K20xas long as short
Orderly PERP_ETHFI_USDC−0.0208%4h0.7160+0.045%$16K$1K10xas long as short
Deribit ETHFI_USDC-PERPETUALshort−0.0169%1h0.7164+0.100%$41K$13K10x
Variational Omni ETHFI−0.0004%4h0.7164+0.106%$1.0M$702Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.162%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0046%8h0.7163+0.083%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7175+0.260%$1.1M$887K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7174+0.233%$18.1M$8.4M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7170+0.181%$183K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7172+0.212%$25.0M$36.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7176+0.268%$18.0M$12.7M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7180+0.324%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7169+0.170%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7173+0.226%$15.5M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7168+0.156%$1.2M$256K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7172+0.212%$6.1M$5.4M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7175+0.254%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7178+0.293%$71K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7167+0.142%$1K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7157+0.005%$98K$380K10xas long as short
Aevo ETHFI-PERPlong+0.0104%1h0.7157long leg$9K3x
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7185+0.394%$31K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0226%1h0.7173+0.226%$273K$180K20xas long as short