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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0293%/8h= −32.1% APRnext payment $1.47 per $10,000 · paid last 24h −0.053%
Price spread now: Orderly against KuCoin−0.014%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHFIUSDTM0.71540.0100pay 0.0050% / 4h1m 07s$1.2M$269K50x
ShortOrderly PERP_ETHFI_USDC0.7153−0.0193pay 0.0097% / 4h1m 07s$16K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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
−$61.55
Price spread: −0.014% → 0.000%
−$1.4
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$80.95
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; Orderly: 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 KuCoin live order book, 4 min ago6.30 bp46.1 bp −$46180.0 bp −$1,800doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Deribit ETHFI_USDC-PERPETUAL−0.0448%1h0.7159+0.070%$41K$13K10xas long as short
HTX ETHFI-USDT−0.0359%4h0.7140−0.196%$83K$165K20xas long as short
Orderly PERP_ETHFI_USDCshort−0.0193%4h0.7153−0.014%$16K$1K10x
Paradex ETHFI-USD-PERP−0.0048%8h0.7146−0.117%$6K5xas long as short
Variational Omni ETHFI+0.0009%4h0.7147−0.104%$1.0M$746Kas long as short
MEXC ETHFI_USDT+0.0020%4h0.71540.000%$15.2M$3.8M125xas long as short
Binance ETHFIUSDT+0.0022%4h0.7153−0.015%$24.9M$37.4M75xas long as short
Extended ETHFI-USD+0.0024%1h0.7152−0.034%$92K$492K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.202%$321$51K5.5xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7150−0.054%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ETHFI-USDT+0.0089%4h0.7149−0.070%$1.2M$280K75xas long as short
Lighter ETHFI+0.0096%1h0.7164+0.145%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7161+0.094%$18.0M$9.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7154−0.006%$183K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7155+0.014%$18.1M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7159+0.070%$5.0M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7155+0.014%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTMlong+0.0100%4h0.7154long leg$1.2M$269K50x
Bitget ETHFIUSDT+0.0100%4h0.7152−0.028%$6.1M$5.7M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7156+0.028%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7151−0.038%$59K$94K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7165+0.154%$1K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+1.160%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0553%1h0.7162+0.116%$275K$162K20xas long as short