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 +0.013%
Price spread now: Gate against Bitget+0.083%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 7 days−0.056%−$6 · spread now +0.083%, 7d avg +0.038%
Together, before fees−0.092%−$9 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: Gate is 0.046% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHFIUSDT0.71910.0100pay 0.0050% / 4h1h 02m$6.1M$5.7M75x
ShortGate ETHFI_USDT0.71970.0100get 0.0050% / 4h1h 02m$1.7M$2.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: +0.083% → +0.038%
$4.57
Slippage, 4 orders
−$57.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$79.82
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Bitget: live order book, 10 min ago; Gate: live order book, 5 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 Bitget live order book, 10 min ago0.70 bp13.6 bp −$1427.6 bp −$276doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago4.18 bp28.3 bp −$28170.5 bp −$1,705doesn'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
Deribit ETHFI_USDC-PERPETUAL−0.0445%1h0.7194+0.042%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0306%4h0.7183−0.111%$83K$165K20xas long as short
Kraken Futures PF_ETHFIUSD−0.0251%1h0.7201+0.144%$283K$148K20xas long as short
Orderly PERP_ETHFI_USDC−0.0191%4h0.7190−0.014%$16K$1K10xas long as short
MEXC ETHFI_USDT+0.0018%4h0.7189−0.028%$15.2M$3.8M125xas long as short
Binance ETHFIUSDT+0.0022%4h0.7190−0.014%$24.9M$37.2M75xas long as short
Extended ETHFI-USD+0.0024%1h0.7188−0.035%$93K$493K10xas long as short
Paradex ETHFI-USD-PERP+0.0032%8h0.7194+0.046%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.681%$321$51K5.5xas long as short
BloFin ETHFI-USDT+0.0086%4h0.7189−0.028%$1.2M$293K75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7198+0.104%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7198+0.092%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7203+0.161%$18.2M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7194+0.042%$184K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7194+0.042%$18.3M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7195+0.056%$4.9M$12.6M20xas long as short
Gate ETHFI_USDTshort+0.0100%4h0.7197+0.083%$1.7M$2.1M75x
KuCoin ETHFIUSDTM+0.0100%4h0.7195+0.056%$1.2M$272K50xas long as short
Bitget ETHFIUSDTlong+0.0100%4h0.7191long leg$6.1M$5.7M75x
BingX ETHFI-USDT+0.0100%4h0.7194+0.042%$26.1Mas long as short
Variational Omni ETHFI+0.0100%4h0.7181−0.139%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.71910.000%$60K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7190−0.014%$2K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7198+0.097%$31K$6K50xas long as short