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 +0.003%
Price spread now: Gate against BingX+0.028%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1111.113% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.028%, 7d avg +0.021%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETHFI-USDC0.71990.0100pay 0.0050% / 4h2h 11m$1.2M
ShortGate ETHFI_USDT0.72010.0100get 0.0050% / 4h2h 11m$1.7M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.028% → +0.021%
$0.66
Slippage, 4 orders
−$86.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$110.63
Costs to cover
1.113%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Gate: 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, 14 min ago2.08 bp24.7 bp −$25101.4 bp −$1,014520.2 bp −$52.0K672.1 bp −$336.1K
Sell Gate live order book, 1 min ago2.08 bp27.5 bp −$28192.0 bp −$1,920doesn'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+0.181%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0203%4h0.7202+0.042%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0167%4h0.7184−0.208%$88K$168K20xas long as short
Variational Omni ETHFI+0.0029%4h0.7214+0.204%$1.1M$717Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.570%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0059%8h0.7196−0.035%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7208+0.132%$1.1M$887K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7209+0.140%$18.1M$8.4M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7201+0.028%$184K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.71990.000%$25.0M$36.0M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7204+0.069%$18.1M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7210+0.153%$5.1M$12.4M20xas long as short
Gate ETHFI_USDTshort+0.0100%4h0.7201+0.028%$1.7M$2.0M75x
MEXC ETHFI_USDT+0.0100%4h0.7194−0.069%$15.5M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7200+0.014%$1.2M$256K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7201+0.028%$6.2M$5.4M75xas long as short
BingX ETHFI-USDClong+0.0100%4h0.7199long leg$1.2M
Polymarket Perps ETHFI-USD+0.0100%1h0.7218+0.257%$72K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7207+0.111%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7196−0.038%$98K$376K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7200+0.014%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7253+0.750%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0225%1h0.7216+0.234%$274K$182K20xas long as short