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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%
Price spread now: Polymarket Perps against Extended+0.160%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 7 days−0.050%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.160% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETHFI-USD0.71870.0024pay 0.0003% / 1h41m 56s$97K$592K10x
ShortPolymarket Perps ETHFI-USD0.71990.0100get 0.0013% / 1h41m 56s$55K$99K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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
$15.96
Price spread: +0.160% → 0.000%
$16
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$18.96
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: live order book, 31 min ago; Polymarket Perps: 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 Extended live order book, 31 min ago2.10 bp17.0 bp −$17131.6 bp −$1,316doesn't fitdoesn't fit
Sell Polymarket Perps no order-book sample
Polymarket Perps: 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
HTX ETHFI-USDT−0.0718%4h0.7177−0.145%$83K$165K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0305%1h0.7201+0.189%$41K$14K10xas long as short
Orderly PERP_ETHFI_USDC−0.0197%4h0.7196+0.120%$16K$1K10xas long as short
Bybit ETHFIUSDT−0.0177%4h0.7189+0.022%$18.2M$13.1M25xas long as short
Variational Omni ETHFI−0.0048%4h0.7168−0.264%$1.0M$744Kas long as short
Paradex ETHFI-USD-PERP−0.0038%8h0.7195+0.100%$6K5xas long as short
MEXC ETHFI_USDT+0.0022%4h0.7194+0.092%$15.4M$3.8M125xas long as short
Extended ETHFI-USDlong+0.0024%1h0.7187long leg$97K$592K10x
Binance ETHFIUSDT+0.0025%4h0.7190+0.031%$25.1M$37.4M75xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.732%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7205+0.244%$9K3xas long as short
BloFin ETHFI-USDT+0.0088%4h0.7191+0.050%$1.3M$277K75xas long as short
Lighter ETHFI+0.0096%1h0.7205+0.248%$1.1M$894K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7203+0.216%$18.1M$9.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7199+0.159%$184K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7193+0.078%$5.0M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7200+0.175%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7200+0.175%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7187−0.006%$6.1M$5.7M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7197+0.134%$26.1Mas long as short
Polymarket Perps ETHFI-USDshort+0.0100%1h0.7199+0.160%$55K$99K5x
SunX ETHFI-USDT+0.0100%4h0.7204+0.231%$2K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+0.690%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0219%1h0.7206+0.259%$274K$165K20xas long as short