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

ETHFI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h −0.059%
Price spread now: Aevo against BloFin−0.102%53s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aevo is 0.102% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETHFI-USDT0.70440.0338pay 0.0169% / 4h1m 24s$1.2M$245K75x
ShortAevo ETHFI-PERP0.70370.0104get 0.0013% / 1h1m 24s$8K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
−$49.18
Price spread: −0.102% → 0.000%
−$10.19
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$87.37
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 1 min ago; Aevo: no order-book sample. 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 BloFin live order book, 1 min ago1.42 bp18.9 bp −$1929.0 bp −$29084.6 bp −$8,463doesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0460%1h0.7042−0.028%$40K$12K10xas long as short
HTX ETHFI-USDT−0.0417%4h0.7032−0.170%$87K$168K20xas long as short
Orderly PERP_ETHFI_USDC−0.0236%4h0.7039−0.071%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0001%8h0.7045+0.008%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.783%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7045+0.012%$264K$209K20xas long as short
Variational Omni ETHFI+0.0072%4h0.7029−0.209%$981K$706Kas long as short
Lighter ETHFI+0.0096%1h0.7050+0.088%$1.1M$883K5xas long as short
Extended ETHFI-USD+0.0096%1h0.7044−0.001%$95K$381K10xas long as short
MEXC ETHFI_USDT+0.0098%4h0.7043−0.014%$15.8M$4.1M125xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ETHFIUSDT+0.0098%4h0.7044+0.002%$24.5M$35.1M75xas long as short
Hyperliquid ETHFI+0.0100%1h0.7051+0.094%$17.4M$7.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7047+0.049%$180K$264K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.70440.000%$17.6M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7050+0.085%$5.1M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7049+0.071%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.70440.000%$1.2M$230K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7042−0.028%$6.0M$5.2M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.70440.000%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7060+0.226%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7047+0.043%$2K$1.1M20xas long as short
Aevo ETHFI-PERPshort+0.0104%1h0.7037−0.102%$8K3x
BloFin ETHFI-USDTlong+0.0338%4h0.7044long leg$1.2M$245K75x
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7096+0.738%$31K$6K50xas long as short