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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0340%/8h= −37.3% APRnext payment $0.43 per $10,000 · paid last 24h −0.119%
Price spread now: Kraken Futures against Aevo+0.148%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. Kraken Futures is 0.148% dearer against Aevo than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.71650.0088pay 0.0011% / 1h10m 29s$9K3x
ShortKraken Futures PF_ETHFIUSD0.7176−0.0252pay 0.0032% / 1h10m 29s$282K$148K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$71.47
Price spread: +0.148% → 0.000%
$14.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$82.7
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 7 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 Kraken Futures live order book, 7 min ago11.16 bp22.5 bp −$23137.6 bp −$1,376doesn't fitdoesn'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−0.0307%1h0.7171+0.084%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0261%4h0.7132−0.461%$83K$165K20xas long as short
Kraken Futures PF_ETHFIUSDshort−0.0252%1h0.7176+0.148%$282K$148K20x
Orderly PERP_ETHFI_USDC−0.0185%4h0.7163−0.028%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0023%8h0.7161−0.049%$6K5xas long as short
Extended ETHFI-USD+0.0024%1h0.7160−0.074%$93K$493K10xas long as short
MEXC ETHFI_USDT+0.0024%4h0.7161−0.056%$15.1M$3.8M125xas long as short
Binance ETHFIUSDT+0.0025%4h0.7162−0.042%$24.8M$37.2M75xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.047%$321$51K5.5xas long as short
Aevo ETHFI-PERPlong+0.0088%1h0.7165long leg$9K3x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ETHFIUSDT+0.0094%4h0.7160−0.070%$6.1M$5.7M75xas long as short
Lighter ETHFI+0.0096%1h0.7170+0.067%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7174+0.126%$18.1M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7163−0.034%$183K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.71650.000%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.71650.000%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7166+0.014%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7162−0.042%$1.2M$272K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.71650.000%$26.1Mas long as short
Variational Omni ETHFI+0.0100%4h0.7158−0.096%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7163−0.022%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7163−0.028%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0104%4h0.7158−0.098%$1.2M$292K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7177+0.167%$31K$6K50xas long as short