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 −0.003%
Price spread now: BingX against Bybit−0.014%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days−0.024%−$2 · spread now −0.014%, 7d avg −0.014%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ETHFIUSDT0.71980.0100pay 0.0050% / 4h32m 54s$18.2M$13.1M25x
ShortBingX ETHFI-USDC0.71970.0100get 0.0050% / 4h32m 54s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.014% → −0.014%
−$0.02
Slippage, 4 orders
−$65.35
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$86.37
Costs to cover
0.864%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 7 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 Bybit live order book, 1 min ago1.39 bp15.1 bp −$1542.5 bp −$425doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.08 bp30.4 bp −$3096.1 bp −$961592.2 bp −$59.2K759.8 bp −$379.9K

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−0.0331%4h0.7183−0.208%$83K$164K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0305%1h0.7197−0.014%$42K$18K10xas long as short
Orderly PERP_ETHFI_USDC−0.0190%4h0.7194−0.056%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0027%8h0.7193−0.068%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.583%$321$51K5.5xas long as short
Binance ETHFIUSDT+0.0037%4h0.7199+0.014%$25.1M$37.2M75xas long as short
MEXC ETHFI_USDT+0.0038%4h0.71980.000%$15.3M$3.8M125xas long as short
Extended ETHFI-USD+0.0040%1h0.7194−0.061%$93K$493K10xas long as short
Aster ETHFIUSDT+0.0053%4h0.7200+0.027%$184K$262K10xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7192−0.079%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7204+0.089%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7203+0.075%$18.2M$8.9M5xas long as short
Bybit ETHFIUSDTlong+0.0100%4h0.7198long leg$18.2M$13.1M25x
OKX ETHFI-USDT-SWAP+0.0100%4h0.7202+0.056%$5.0M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7201+0.042%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7196−0.028%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7197−0.014%$6.1M$5.7M75xas long as short
BingX ETHFI-USDCshort+0.0100%4h0.7197−0.014%$1.2M
Variational Omni ETHFI+0.0100%4h0.7192−0.088%$1.1M$738Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7198−0.001%$60K$94K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.71980.000%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0149%4h0.7196−0.028%$1.3M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+0.542%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0550%1h0.7203+0.068%$277K$161K20xas long as short