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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: SunX against BingX−0.042%7-day average +0.029% · you buy dearer than you sell
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+0.097%+$10 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now −0.042%, 7d avg +0.029%
Together, before fees+0.067%+$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: SunX is 0.070% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETHFI-USDT0.71970.0100pay 0.0050% / 4h31m 19s$26.1M
ShortSunX ETHFI-USDT0.71940.0100get 0.0050% / 4h31m 19s$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.042% → +0.029%
−$7.02
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$25.02
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 7 min ago; SunX: live order book, 2 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 BingX live order book, 7 min ago1.39 bp8.3 bp −$811.0 bp −$11021.3 bp −$2,13359.4 bp −$29.7K
Sell SunX live order book, 2 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−0.0335%4h0.7175−0.306%$83K$164K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0305%1h0.71970.000%$42K$18K10xas long as short
Orderly PERP_ETHFI_USDC−0.0190%4h0.7194−0.042%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0026%8h0.7192−0.067%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.597%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0038%4h0.7192−0.069%$15.2M$3.8M125xas long as short
Extended ETHFI-USD+0.0040%1h0.7192−0.075%$93K$493K10xas long as short
Binance ETHFIUSDT+0.0042%4h0.7193−0.056%$25.1M$37.2M75xas long as short
Aster ETHFIUSDT+0.0059%4h0.7202+0.074%$184K$262K10xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7195−0.028%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7205+0.114%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7206+0.131%$18.2M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7195−0.028%$18.2M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7198+0.014%$5.0M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7198+0.014%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7195−0.028%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7195−0.028%$6.1M$5.7M75xas long as short
BingX ETHFI-USDTlong+0.0100%4h0.7197long leg$26.1M
Variational Omni ETHFI+0.0100%4h0.7193−0.060%$1.1M$738Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7197+0.003%$60K$94K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7194−0.042%$2K$1.1M20x
BloFin ETHFI-USDT+0.0166%4h0.7193−0.056%$1.3M$290K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+0.556%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0550%1h0.7202+0.070%$277K$161K20xas long as short