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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: SunX against OKX−0.209%7-day average +0.019% · 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+0.031%+$3 on $10k
Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.209%, 7d avg +0.019%
Together, before fees+0.098%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.228% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETHFI-USDT-SWAP0.71620.0100pay 0.0050% / 4h2h 50m$5.0M$12.4M20x
ShortSunX ETHFI-USDT0.71470.0100get 0.0050% / 4h2h 50m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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
$0
Price spread: −0.209% → +0.019%
−$22.83
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$40.83
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; SunX: live order book, 3 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 OKX live order book, 3 min ago1.40 bp15.6 bp −$1642.6 bp −$426doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago500.67 bpdoesn't fitdoesn'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
HTX ETHFI-USDT−0.0423%4h0.7135−0.377%$88K$169K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0309%1h0.7153−0.126%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0211%4h0.7148−0.195%$16K$1K10xas long as short
Variational Omni ETHFI−0.0006%4h0.7135−0.378%$1.0M$721Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.089%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0038%8h0.7145−0.236%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7155−0.092%$1.1M$887K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7165+0.036%$18.0M$8.5M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7153−0.121%$183K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7148−0.195%$24.9M$36.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7152−0.140%$18.0M$12.7M25xas long as short
OKX ETHFI-USDT-SWAPlong+0.0100%4h0.7162long leg$5.0M$12.4M20x
Gate ETHFI_USDT+0.0100%4h0.7161−0.014%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7149−0.182%$15.1M$3.8M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7148−0.195%$1.2M$259K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7154−0.112%$6.1M$5.5M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7158−0.056%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7150−0.170%$71K$118K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7147−0.209%$2K$1.1M20x
Extended ETHFI-USD+0.0104%1h0.7147−0.205%$98K$389K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7149−0.185%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7154−0.112%$31K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0227%1h0.7154−0.118%$271K$174K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7134−0.391%$1.3M$260K75xas long as short