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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Binance+0.156%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 7 days−0.039%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.156% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.72340.0100pay 0.0050% / 4h2h 56m$25.5M$35.7M75x
ShortPolymarket Perps ETHFI-USD0.72450.0100get 0.0013% / 1h56m 58s$63K$75K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.156% → 0.000%
$15.62
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$2.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Polymarket Perps: no order-book sample. 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 Binance live order book, 15 min ago0.69 bp11.9 bp −$1228.7 bp −$287177.9 bp −$17.8Kdoesn't fit
Sell Polymarket Perps no order-book sample
Polymarket Perps: 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−0.0579%1h0.7230−0.055%$44K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0211%1h0.7237+0.047%$282K$133K20xas long as short
Orderly PERP_ETHFI_USDC−0.0146%4h0.7227−0.097%$17K$1K10xas long as short
Variational Omni ETHFI+0.0013%4h0.7258+0.326%$1.1M$711Kas long as short
Bitget ETHFIUSDT+0.0014%4h0.7235+0.014%$6.2M$5.5M75xas long as short
HTX ETHFI-USDT+0.0015%4h0.7214−0.276%$84K$153K20xas long as short
Paradex ETHFI-USD-PERP+0.0031%8h0.7224−0.138%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.083%$321$51K5.5xas long as short
Lighter ETHFI+0.0096%1h0.7233−0.017%$1.1M$881K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7250+0.220%$19.8M$7.3M5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ETHFIUSDT+0.0100%4h0.7236+0.027%$184K$238K10xas long as short
Binance ETHFIUSDTlong+0.0100%4h0.7234long leg$25.5M$35.7M75x
Bybit ETHFIUSDT+0.0100%4h0.7240+0.083%$18.7M$12.4M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7239+0.069%$4.9M$12.1M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7237+0.041%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7230−0.055%$15.4M$3.6M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7227−0.097%$1.2M$271K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.72340.000%$25.9Mas long as short
Polymarket Perps ETHFI-USDshort+0.0100%1h0.7245+0.156%$63K$75K5x
SunX ETHFI-USDT+0.0100%4h0.7232−0.028%$2K$1.0M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7233−0.012%$101K$488K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7230−0.055%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7268+0.470%$32K$9K50xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7227−0.097%$1.3M$291K75xas long as short