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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate−0.088%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$900.897% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.574%−$57 · spread now −0.088%, 7d avg −0.099%
Together, before fees−0.493%+ Points / potential airdropExtended: Active · farm board−$49 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETHFI_USDT0.70750.0100pay 0.0050% / 4h54m 35s$1.7M$1.9M75x
ShortExtended ETHFI-USD0.70690.0104get 0.0013% / 1h54m 35s$96K$378K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$0.84
Price spread: −0.088% → −0.099%
$1.16
Slippage, 4 orders
−$69.73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$87.73
Costs to cover
0.897%
Break-even
738.1 days
Slippage from Gate: live order book, 3 min ago; Extended: live order book, 3 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 Gate live order book, 3 min ago4.24 bp25.9 bp −$26222.5 bp −$2,225doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago1.56 bp17.7 bp −$18160.7 bp −$1,607doesn'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−0.0739%1h0.7072−0.042%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0208%4h0.7070−0.071%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0068%4h0.7059−0.226%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.332%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7081+0.079%$263K$212K20xas long as short
Paradex ETHFI-USD-PERP+0.0071%8h0.7070−0.077%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7082+0.102%$1.1M$878K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7080+0.068%$17.6M$7.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7075+0.007%$181K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7068−0.099%$24.6M$35.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7067−0.113%$17.7M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7068−0.099%$5.0M$12.2M20xas long as short
Gate ETHFI_USDTlong+0.0100%4h0.7075long leg$1.7M$1.9M75x
MEXC ETHFI_USDT+0.0100%4h0.7072−0.042%$15.8M$3.9M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7074−0.014%$1.2M$241K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7071−0.057%$6.1M$5.2M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7074−0.014%$26.0Mas long as short
Variational Omni ETHFI+0.0100%4h0.7085+0.146%$1.0M$703Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7090+0.211%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7081+0.085%$2K$1.1M20xas long as short
Extended ETHFI-USDshort+0.0104%1h0.7069−0.088%$96K$378K10x
Aevo ETHFI-PERP+0.0104%1h0.7070−0.071%$8K3xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7068−0.099%$1.2M$245K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7095+0.283%$31K$6K50xas long as short