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

ETHFI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0197%/8h= −21.5% APRnext payment $0.98 per $10,000 · paid last 24h −0.072%
Price spread now: Aster against BloFin+0.085%92s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1001.004% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.335%−$33 on $10k
Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.085%, 7d avg +0.047%
Together, before fees−0.302%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.038% dearer against BloFin than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.047%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETHFI-USDT0.71180.0297pay 0.0148% / 4h1h 49m$1.2M$291K75x
ShortAster ETHFIUSDT0.71240.0100get 0.0050% / 4h1h 49m$182K$256K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$41.29
Price spread: +0.085% → +0.047%
$3.85
Slippage, 4 orders
−$80.36
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$137.81
Costs to cover
1.004%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Aster: live order book, 32 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 BloFin live order book, 3 min ago2.81 bp15.9 bp −$1632.9 bp −$329105.0 bp −$10.5Kdoesn't fit
Sell Aster live order book, 32 min ago7.69 bp24.9 bp −$25doesn'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
Deribit ETHFI_USDC-PERPETUAL−0.0733%1h0.7115−0.042%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0254%1h0.7129+0.158%$280K$145K20xas long as short
HTX ETHFI-USDT−0.0210%4h0.7109−0.126%$82K$165K20xas long as short
Orderly PERP_ETHFI_USDC−0.0177%4h0.7113−0.070%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.714%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0034%8h0.7113−0.077%$6K5xas long as short
Bitget ETHFIUSDT+0.0062%4h0.7114−0.056%$6.1M$5.7M75xas long as short
Extended ETHFI-USD+0.0072%1h0.7111−0.101%$92K$493K10xas long as short
MEXC ETHFI_USDT+0.0072%4h0.7114−0.056%$15.0M$3.8M125xas long as short
Binance ETHFIUSDT+0.0073%4h0.7112−0.084%$24.7M$37.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7119+0.018%$1.1M$898K5xas long as short
Aevo ETHFI-PERP+0.0096%1h0.7110−0.112%$8K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.7125+0.104%$18.1M$8.9M5xas long as short
Aster ETHFIUSDTshort+0.0100%4h0.7124+0.085%$182K$256K10x
Bybit ETHFIUSDT+0.0100%4h0.7119+0.014%$18.1M$12.9M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.71180.000%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.71180.000%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7112−0.084%$1.2M$270K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7117−0.014%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7124+0.083%$1.0M$745Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7117−0.008%$59K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.71180.000%$1K$1.1M20xas long as short
BloFin ETHFI-USDTlong+0.0297%4h0.7118long leg$1.2M$291K75x
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7147+0.407%$31K$6K50xas long as short