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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: KuCoin against Hyperliquid−0.130%7-day average −0.112% · you buy dearer than you sell
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−0.068%−$7 on $10k
Price spread, last 7 days+0.085%+$8 · spread now −0.130%, 7d avg −0.112%
Together, before fees+0.017%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ETHFI0.71740.0100pay 0.0013% / 1h18m 52s$18.0M$8.6M5x
ShortKuCoin ETHFIUSDTM0.71650.0100get 0.0050% / 4h3h 18m$1.2M$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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: −0.130% → −0.112%
−$1.72
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22.72
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; KuCoin: live order book, 1 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 Hyperliquid live order book, 4 min ago0.97 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago8.35 bp51.8 bp −$52163.9 bp −$1,639doesn'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
HTX ETHFI-USDT−0.0817%4h0.7174−0.004%$83K$159K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0586%1h0.7174−0.004%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0205%4h0.7177+0.038%$16K$1K10xas long as short
Variational Omni ETHFI−0.0038%4h0.7177+0.042%$1.0M$725Kas long as short
Paradex ETHFI-USD-PERP−0.0006%8h0.7180+0.078%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.916%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0062%4h0.7163−0.158%$15.3M$3.8M125xas long as short
Binance ETHFIUSDT+0.0062%4h0.7162−0.171%$25.0M$36.5M75xas long as short
Extended ETHFI-USD+0.0064%1h0.7161−0.183%$100K$392K10xas long as short
Lighter ETHFI+0.0096%1h0.7180+0.074%$1.1M$894K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0096%1h0.7175+0.016%$9K3xas long as short
Hyperliquid ETHFIlong+0.0100%1h0.7174long leg$18.0M$8.6M5x
Aster ETHFIUSDT+0.0100%4h0.7174−0.005%$183K$256K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7167−0.102%$18.1M$12.7M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7169−0.074%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7171−0.046%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTMshort+0.0100%4h0.7165−0.130%$1.2M$264K50x
Bitget ETHFIUSDT+0.0100%4h0.7166−0.116%$6.1M$5.6M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7169−0.074%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7183+0.120%$71K$116K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7183+0.121%$2K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+0.874%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0220%1h0.7183+0.117%$273K$166K20xas long as short
BloFin ETHFI-USDT+0.0248%4h0.7180+0.079%$1.3M$272K75xas long as short