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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: Variational Omni against Aster−0.568%7-day average +0.025% · you buy dearer than you sell
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 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+1.686%+$169 · spread now −0.568%, 7d avg +0.025%
Together, before fees+1.672%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$167 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.594% cheaper against Aster than usual: you would sell low and buy high, −$59 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHFIUSDT0.70340.0100pay 0.0050% / 4h32m 59s$180K$260K10x
ShortVariational Omni ETHFI0.69940.0100get 0.0050% / 4h32m 59s$1.0M$659K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: −0.568% → +0.025%
−$59.35
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$67.35
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 24 min ago; Variational Omni: RFQ quote, 1 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 Aster live order book, 24 min ago7.76 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago4.28 bpdoesn't fit42.8 bp −$428doesn't fitdoesn'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−0.0318%1h0.7035+0.018%$40K$12K10xas long as short
HTX ETHFI-USDT−0.0243%4h0.7013−0.295%$87K$168K20xas long as short
Orderly PERP_ETHFI_USDC−0.0219%4h0.7028−0.082%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.932%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7040+0.094%$263K$209K20xas long as short
Paradex ETHFI-USD-PERP+0.0050%8h0.7021−0.181%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7040+0.089%$1.1M$879K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7036+0.028%$17.4M$8.0M5xas long as short
Aster ETHFIUSDTlong+0.0100%4h0.7034long leg$180K$260K10x
Binance ETHFIUSDT+0.0100%4h0.7033−0.016%$24.5M$35.3M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7044+0.146%$17.6M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7051+0.245%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7037+0.046%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7032−0.025%$15.6M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7032−0.025%$1.2M$245K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7043+0.131%$6.0M$5.2M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7034+0.004%$26.0Mas long as short
Variational Omni ETHFIshort+0.0100%4h0.6994−0.568%$1.0M$659K
Polymarket Perps ETHFI-USD+0.0100%1h0.7043+0.129%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7037+0.046%$1K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7027−0.092%$96K$382K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7030−0.053%$8K3xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7010−0.338%$1.2M$245K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7046+0.174%$31K$6K50xas long as short