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 −0.011%
Price spread now: Bitget against Binance+0.014%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.014%, 7d avg +0.017%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71430.0100pay 0.0050% / 4h1h 20m$24.9M$35.5M75x
ShortBitget ETHFIUSDT0.71440.0100get 0.0050% / 4h1h 20m$6.1M$5.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.014% → +0.017%
−$0.29
Slippage, 4 orders
−$41.28
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.56
Costs to cover
0.633%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 3 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, 6 min ago0.70 bp13.6 bp −$1430.6 bp −$306201.6 bp −$20.2Kdoesn't fit
Sell Bitget live order book, 3 min ago2.80 bp18.7 bp −$1935.6 bp −$356doesn'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−0.0448%1h0.7158+0.210%$41K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0201%4h0.7154+0.154%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0093%4h0.71430.000%$88K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.358%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0078%8h0.7145+0.032%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7156+0.185%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7150+0.102%$17.9M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7157+0.194%$183K$256K10xas long as short
Binance ETHFIUSDTlong+0.0100%4h0.7143long leg$24.9M$35.5M75x
Bybit ETHFIUSDT+0.0100%4h0.7150+0.098%$17.9M$12.6M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETHFI-USDT-SWAP+0.0100%4h0.7153+0.140%$5.1M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7155+0.168%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.71430.000%$15.5M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7155+0.168%$1.2M$253K50xas long as short
Bitget ETHFIUSDTshort+0.0100%4h0.7144+0.014%$6.1M$5.3M75x
BingX ETHFI-USDC+0.0100%4h0.7153+0.140%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7156+0.177%$1.0M$716Kas long as short
SunX ETHFI-USDT+0.0100%4h0.7165+0.308%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7143+0.001%$100K$376K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7155+0.168%$9K3xas long as short
Kraken Futures PF_ETHFIUSD+0.0305%1h0.7160+0.232%$271K$202K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7160+0.238%$1.2M$250K75xas long as short
Polymarket Perps ETHFI-USD+0.0499%1h0.7165+0.312%$71K$118K5xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7169+0.364%$31K$6K50xas long as short