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 −0.010%
Price spread now: Bitget against BingX−0.069%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.921% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.069%, 7d avg −0.017%
Together, before fees+0.073%+$7 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: Bitget is 0.052% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETHFI-USDC0.72100.0100pay 0.0050% / 4h2h 11m$1.2M
ShortBitget ETHFIUSDT0.72050.0100get 0.0050% / 4h2h 11m$6.2M$5.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: −0.069% → −0.017%
−$5.19
Slippage, 4 orders
−$70.07
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$97.26
Costs to cover
0.921%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 1 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 BingX live order book, 13 min ago2.08 bp24.7 bp −$25101.4 bp −$1,014520.2 bp −$52.0K672.1 bp −$336.1K
Sell Bitget live order book, 1 min ago2.78 bp19.1 bp −$1934.8 bp −$348doesn't fitdoesn't fit

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−0.0304%1h0.7212+0.028%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0204%4h0.7208−0.028%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0167%4h0.7184−0.361%$88K$168K20xas long as short
Variational Omni ETHFI+0.0029%4h0.7214+0.051%$1.1M$717Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.416%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0059%8h0.7203−0.092%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7218+0.107%$1.1M$887K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7219+0.132%$18.2M$8.4M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7207−0.037%$184K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7204−0.088%$25.0M$36.0M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7204−0.083%$18.1M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7207−0.042%$5.1M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7208−0.028%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7204−0.083%$15.6M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7204−0.083%$1.2M$256K50xas long as short
Bitget ETHFIUSDTshort+0.0100%4h0.7205−0.069%$6.2M$5.4M75x
BingX ETHFI-USDClong+0.0100%4h0.7210long leg$1.2M
Polymarket Perps ETHFI-USD+0.0100%1h0.7227+0.233%$72K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7207−0.042%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7203−0.094%$98K$376K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7205−0.069%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7253+0.596%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0225%1h0.7216+0.081%$274K$182K20xas long as short