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+0.0067%/8h= +7.3% APRpaid last 24h +0.029%
Price spread now: Gate against Injective−0.912%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−1.252%−$125 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Gate is 0.912% cheaper against Injective than usual: you would sell low and buy high (spread −0.912% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$91 on $10k: about 46 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.252%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ETHFI/USDC PERP0.72400.0033pay 0.0004% / 1h46m 48s$321$51K5.5x
ShortGate ETHFI_USDT0.71740.0100get 0.0050% / 4h3h 46m$1.7M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$14
Price spread: −0.912% → 0.000%
−$91.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$92.18
Costs to cover
0.150%
Break-even
53.1 days
Slippage unknown: Injective: no order-book sample; Gate: 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 Injective no order-book sample
Sell Gate live order book, 1 min ago4.88 bp25.8 bp −$26173.1 bp −$1,731doesn'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−0.0548%4h0.7159−1.119%$83K$166K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0308%1h0.7170−0.967%$41K$13K10xas long as short
Bybit ETHFIUSDT−0.0232%4h0.7171−0.953%$18.2M$13.2M25xas long as short
Orderly PERP_ETHFI_USDC−0.0195%4h0.7169−0.981%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP−0.0041%8h0.7167−1.007%$6K5xas long as short
Variational Omni ETHFI−0.0039%4h0.7161−1.093%$1.0M$746Kas long as short
Extended ETHFI-USD+0.0016%1h0.7167−1.012%$97K$550K10xas long as short
MEXC ETHFI_USDT+0.0016%4h0.7169−0.981%$15.3M$3.8M125xas long as short
Binance ETHFIUSDT+0.0018%4h0.7169−0.974%$25.0M$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
BloFin ETHFI-USDT+0.0073%4h0.7169−0.981%$1.2M$278K75xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7165−1.036%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7179−0.843%$1.1M$894K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7176−0.878%$18.0M$9.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7174−0.907%$183K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7177−0.870%$5.0M$12.6M20xas long as short
Gate ETHFI_USDTshort+0.0100%4h0.7174−0.912%$1.7M$2.0M75x
KuCoin ETHFIUSDTM+0.0100%4h0.7169−0.981%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7167−1.008%$6.1M$5.7M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7172−0.939%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7170−0.964%$59K$94K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7178−0.856%$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+0.0220%1h0.7176−0.889%$272K$165K20xas long as short