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 −0.001%
Price spread now: BingX against Binance+0.042%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.042%, 7d avg +0.035%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71630.0100pay 0.0050% / 4h2h 09m$24.9M$36.0M75x
ShortBingX ETHFI-USDT0.71660.0100get 0.0050% / 4h2h 09m$26.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: +0.042% → +0.035%
$0.74
Slippage, 4 orders
−$21.97
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$41.23
Costs to cover
0.420%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; BingX: live order book, 14 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 Binance live order book, 2 min ago0.69 bp15.1 bp −$1531.4 bp −$314170.8 bp −$17.1Kdoesn't fit
Sell BingX live order book, 14 min ago1.39 bp7.6 bp −$812.1 bp −$12129.7 bp −$2,96774.1 bp −$37.0K

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
Deribit ETHFI_USDC-PERPETUAL−0.0446%1h0.7181+0.251%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0203%4h0.7179+0.223%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0154%4h0.7174+0.154%$88K$168K20xas long as short
Variational Omni ETHFI+0.0012%4h0.7203+0.555%$1.1M$717Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.075%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0060%8h0.7167+0.056%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7177+0.194%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7175+0.163%$18.0M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7174+0.154%$183K$258K10xas long as short
Binance ETHFIUSDTlong+0.0100%4h0.7163long leg$24.9M$36.0M75x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7167+0.056%$18.0M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7168+0.070%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7170+0.098%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7162−0.014%$15.5M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7164+0.014%$1.2M$256K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7169+0.084%$6.1M$5.3M75xas long as short
BingX ETHFI-USDTshort+0.0100%4h0.7166+0.042%$26.0M
Polymarket Perps ETHFI-USD+0.0100%1h0.7183+0.278%$71K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7183+0.279%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7161−0.025%$97K$376K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7176+0.186%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7253+1.256%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0225%1h0.7191+0.384%$273K$182K20xas long as short