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+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance+0.040%7-day average +0.056% · 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+0.026%+$3 on $10k
Price spread, last 3 days (all we have)−0.035%−$3 · spread now +0.040%, 7d avg +0.056%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71860.0036pay 0.0018% / 4h28m 04s$25.0M$37.2M75x
ShortSunX ETHFI-USDT0.71890.0100get 0.0050% / 4h28m 04s$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$13.4
Price spread: +0.040% → +0.056%
−$1.59
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$6.19
Costs to cover
0.180%
Break-even
10.2 days
Slippage unknown: Binance: live order book, 14 min ago; SunX: live order book, 5 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 Binance live order book, 14 min ago0.69 bp14.3 bp −$1432.0 bp −$320179.4 bp −$17.9Kdoesn't fit
Sell SunX live order book, 5 min ago500.87 bpdoesn't fitdoesn't fitdoesn'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
HTX ETHFI-USDT−0.0342%4h0.7170−0.224%$83K$164K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0306%1h0.7190+0.054%$42K$18K10xas long as short
Orderly PERP_ETHFI_USDC−0.0189%4h0.7187+0.012%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0017%8h0.7186−0.007%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.750%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0036%4h0.7186−0.002%$15.2M$3.8M125xas long as short
Binance ETHFIUSDTlong+0.0036%4h0.7186long leg$25.0M$37.2M75x
Extended ETHFI-USD+0.0040%1h0.7184−0.033%$93K$493K10xas long as short
Aster ETHFIUSDT+0.0065%4h0.7196+0.135%$184K$262K10xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7183−0.041%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7199+0.182%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7202+0.220%$18.2M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7188+0.026%$18.2M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7192+0.082%$5.0M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7190+0.054%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7186−0.002%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7185−0.016%$6.1M$5.7M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7187+0.012%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7193+0.091%$1.1M$738Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7190+0.060%$60K$94K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7189+0.040%$1K$1.1M20x
BloFin ETHFI-USDT+0.0150%4h0.7186−0.002%$1.3M$288K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+0.708%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0550%1h0.7199+0.179%$277K$161K20xas long as short