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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0571%/8h= +62.6% APRpaid last 24h +0.152%
Price spread now: SunX against Deribit+0.014%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ETHFI_USDC-PERPETUAL0.6925−0.0472get 0.0059% / 1h52m 38s$42K$13K10x
ShortSunX ETHFI-USDT0.69260.0100get 0.0050% / 4h52m 38s$2K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Deribit. 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
$120.02
Price spread: +0.014% → 0.000%
$1.44
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
$106.46
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 4 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 Deribit no order-book sample
Sell SunX live order book, 4 min ago500.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Deribit: 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 exchanges

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-PERPETUALlong−0.0472%1h0.6925long leg$42K$13K10x
Orderly PERP_ETHFI_USDC−0.0328%4h0.6921−0.058%$16K$1K10xas long as short
Variational Omni ETHFI−0.0303%4h0.6924−0.019%$880K$729Kas long as short
Bybit ETHFIUSDT−0.0165%4h0.6910−0.217%$16.9M$11.9M25xas long as short
Paradex ETHFI-USD-PERP−0.0153%8h0.6910−0.211%$6K5xas long as short
Binance ETHFIUSDT−0.0018%4h0.6911−0.197%$24.2M$31.7M75xas long as short
Extended ETHFI-USD−0.0016%1h0.6911−0.208%$109K$815K10xas long as short
MEXC ETHFI_USDT−0.0016%4h0.6911−0.202%$15.5M$3.9M125xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.549%$321$51K5.5xas long as short
HTX ETHFI-USDT+0.0040%4h0.6914−0.159%$83K$114K20xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0080%1h0.6920−0.072%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6923−0.026%$1.1M$718K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6927+0.035%$16.5M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6920−0.072%$178K$163K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6918−0.101%$5.2M$11.9M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6914−0.159%$1.7M$1.7M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6911−0.202%$1.2M$181K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6914−0.159%$6.1M$3.7M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.6915−0.144%$11.3Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6922−0.049%$37K$186K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.6926+0.014%$2K$1.0M20x
Kraken Futures PF_ETHFIUSD+0.0204%1h0.6938+0.184%$302K$303K20xas long as short
BloFin ETHFI-USDT+0.0222%4h0.6915−0.144%$1.2M$231K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0328%1h0.6957+0.462%$35K$10K50xas long as short