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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against MEXC+0.014%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.014%, 7d avg +0.014%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETHFI_USDT0.6916−0.0024get 0.0012% / 4h24m 07s$15.6M$4.2M125x
ShortBitget ETHFIUSDT0.69170.0100get 0.0050% / 4h24m 07s$6.0M$4.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$26.04
Price spread: +0.014% → +0.014%
$0
Slippage, 4 orders
−$28.42
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$18.37
Costs to cover
0.444%
Break-even
11.9 days
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 4 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 ago0.72 bp6.2 bp −$612.6 bp −$12662.2 bp −$6,225175.9 bp −$87.9K
Sell Bitget live order book, 4 min ago1.44 bp15.9 bp −$1638.2 bp −$382doesn'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−0.0416%4h0.6908−0.116%$82K$150K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0328%1h0.6918+0.029%$40K$11K10xas long as short
Orderly PERP_ETHFI_USDC−0.0296%4h0.6915−0.014%$16K$1K10xas long as short
Variational Omni ETHFI−0.0210%4h0.6912−0.055%$911K$785Kas long as short
Paradex ETHFI-USD-PERP−0.0100%8h0.6912−0.064%$6K5xas long as short
Bybit ETHFIUSDT−0.0076%4h0.6913−0.043%$17.0M$13.0M25xas long as short
Binance ETHFIUSDT−0.0024%4h0.6913−0.039%$24.1M$36.2M75xas long as short
Extended ETHFI-USD−0.0024%1h0.6914−0.027%$94K$503K10xas long as short
MEXC ETHFI_USDTlong−0.0024%4h0.6916long leg$15.6M$4.2M125x
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.685%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0072%1h0.6913−0.049%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6923+0.097%$1.1M$828K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6922+0.082%$16.6M$8.7M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6921+0.077%$177K$253K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6920+0.058%$5.0M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6923+0.101%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6913−0.043%$1.2M$224K50xas long as short
Bitget ETHFIUSDTshort+0.0100%4h0.6917+0.014%$6.0M$4.8M75x
BingX ETHFI-USDT+0.0100%4h0.6917+0.014%$10.8Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6919+0.048%$52K$149K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6909−0.101%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0215%4h0.69160.000%$1.2M$240K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0272%1h0.6990+1.070%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0825%1h0.6927+0.153%$289K$290K20xas long as short