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+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Aster−0.098%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$970.969% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.335%+$33 on $10k
Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.098%, 7d avg −0.046%
Together, before fees+0.291%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.052% cheaper against Aster than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.046%). If the spread goes back, that is −$5 on $10k: about 20 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHFIUSDT0.71420.0100pay 0.0050% / 4h1h 54m$182K$256K10x
ShortBloFin ETHFI-USDT0.71350.0312get 0.0156% / 4h1h 54m$1.3M$292K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$44.52
Price spread: −0.098% → −0.046%
−$5.19
Slippage, 4 orders
−$76.9
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.57
Costs to cover
0.969%
Break-even
16.1 days
Slippage from Aster: live order book, 27 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 27 min ago7.69 bp45.5 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago1.41 bp12.0 bp −$1229.2 bp −$29287.4 bp −$8,743doesn't fit

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−0.0870%1h0.7136−0.084%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0253%1h0.7151+0.127%$281K$145K20xas long as short
HTX ETHFI-USDT−0.0194%4h0.7127−0.210%$83K$165K20xas long as short
Orderly PERP_ETHFI_USDC−0.0173%4h0.7138−0.056%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.372%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0040%8h0.7137−0.074%$6K5xas long as short
Bitget ETHFIUSDT+0.0056%4h0.7138−0.056%$6.1M$5.7M75xas long as short
Binance ETHFIUSDT+0.0078%4h0.7132−0.135%$24.8M$37.1M75xas long as short
MEXC ETHFI_USDT+0.0078%4h0.7133−0.126%$15.2M$3.8M125xas long as short
Extended ETHFI-USD+0.0080%1h0.7131−0.152%$92K$495K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7141−0.008%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7143+0.015%$18.1M$9.0M5xas long as short
Aster ETHFIUSDTlong+0.0100%4h0.7142long leg$182K$256K10x
Bybit ETHFIUSDT+0.0100%4h0.71420.000%$18.2M$12.9M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7138−0.056%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7143+0.014%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7138−0.056%$1.2M$270K50xas long as short
BingX ETHFI-USDC+0.0100%4h0.7140−0.028%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7124−0.254%$1.0M$746Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7141−0.007%$60K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7143+0.014%$2K$1.1M20xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7131−0.150%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7147+0.070%$31K$8K50xas long as short
BloFin ETHFI-USDTshort+0.0312%4h0.7135−0.098%$1.3M$292K75x