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+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against MEXC+0.141%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$810.805% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.016%+$2 on $10k
Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.141%, 7d avg +0.057%
Together, before fees−0.180%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.084% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETHFI_USDT0.71140.0072pay 0.0036% / 4h1h 49m$15.0M$3.8M125x
ShortAster ETHFIUSDT0.71240.0100get 0.0050% / 4h1h 49m$182K$256K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
$5.88
Price spread: +0.141% → +0.057%
$8.38
Slippage, 4 orders
−$68.55
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$66.29
Costs to cover
0.805%
Break-even
85.9 days
Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 32 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 MEXC live order book, 4 min ago0.70 bp3.8 bp −$417.0 bp −$17071.6 bp −$7,155186.9 bp −$93.5K
Sell Aster live order book, 32 min ago7.69 bp24.9 bp −$25doesn't fitdoesn'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−0.0733%1h0.7115+0.014%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0254%1h0.7129+0.214%$280K$145K20xas long as short
HTX ETHFI-USDT−0.0210%4h0.7109−0.070%$82K$165K20xas long as short
Orderly PERP_ETHFI_USDC−0.0177%4h0.7113−0.014%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.771%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0034%8h0.7113−0.021%$6K5xas long as short
Bitget ETHFIUSDT+0.0062%4h0.71140.000%$6.1M$5.7M75xas long as short
Extended ETHFI-USD+0.0072%1h0.7111−0.044%$92K$493K10xas long as short
MEXC ETHFI_USDTlong+0.0072%4h0.7114long leg$15.0M$3.8M125x
Binance ETHFIUSDT+0.0073%4h0.7112−0.028%$24.7M$37.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7119+0.075%$1.1M$898K5xas long as short
Aevo ETHFI-PERP+0.0096%1h0.7110−0.056%$8K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.7125+0.160%$18.1M$8.9M5xas long as short
Aster ETHFIUSDTshort+0.0100%4h0.7124+0.141%$182K$256K10x
Bybit ETHFIUSDT+0.0100%4h0.7119+0.070%$18.1M$12.9M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7118+0.056%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7118+0.056%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7112−0.028%$1.2M$270K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7117+0.042%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7124+0.139%$1.0M$745Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7117+0.048%$59K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7118+0.056%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0297%4h0.7118+0.056%$1.2M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7147+0.464%$31K$6K50xas long as short