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−0.0009%/8h= −1.0% APRnext payment $0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Extended against Injective−0.648%7-day average · 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−1.171%−$117 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 against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.648% cheaper against Injective than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ETHFI/USDC PERP0.72400.0033pay 0.0004% / 1h42m 28s$321$51K5.5x
ShortExtended ETHFI-USD0.71930.0024get 0.0003% / 1h42m 28s$102K$587K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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
−$1.96
Price spread: −0.648% → 0.000%
−$64.84
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$71.82
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Extended: live order book, 30 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 Injective no order-book sample
Sell Extended live order book, 30 min ago2.10 bp16.1 bp −$16127.1 bp −$1,271doesn't fitdoesn't fit
Injective: 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−0.0638%4h0.7164−1.050%$83K$165K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0305%1h0.7199−0.566%$41K$14K10xas long as short
Orderly PERP_ETHFI_USDC−0.0197%4h0.7198−0.580%$16K$1K10xas long as short
Bybit ETHFIUSDT−0.0177%4h0.7196−0.608%$18.2M$13.1M25xas long as short
Variational Omni ETHFI−0.0048%4h0.7168−0.989%$1.0M$744Kas long as short
Paradex ETHFI-USD-PERP−0.0038%8h0.7195−0.627%$6K5xas long as short
MEXC ETHFI_USDT+0.0022%4h0.7195−0.622%$15.4M$3.8M125xas long as short
Extended ETHFI-USDshort+0.0024%1h0.7193−0.648%$102K$587K10x
Binance ETHFIUSDT+0.0025%4h0.7195−0.628%$25.1M$37.4M75xas long as short
Injective ETHFI/USDC PERPlong+0.0033%1h0.7240long leg$321$51K5.5x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7195−0.622%$9K3xas long as short
BloFin ETHFI-USDT+0.0088%4h0.7191−0.677%$1.3M$277K75xas long as short
Lighter ETHFI+0.0096%1h0.7206−0.475%$1.1M$894K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7204−0.501%$18.1M$9.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7200−0.550%$184K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7201−0.539%$5.0M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7200−0.552%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7200−0.552%$1.2M$269K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7194−0.635%$6.1M$5.7M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7197−0.594%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7199−0.568%$55K$99K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7207−0.456%$2K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237−0.041%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0219%1h0.7202−0.525%$273K$165K20xas long as short