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−0.0216%/8h= −23.7% APRpaid last 24h −0.033%
Price spread now: Orderly against Paradex+0.006%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ETHFI-USD-PERP0.71690.0032pay 0.0032% / 8h1h 21m$6K5x
ShortOrderly PERP_ETHFI_USDC0.7169−0.0184pay 0.0092% / 4h1h 21m$16K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Paradex. 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
−$45.44
Price spread: +0.006% → 0.000%
$0.63
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$54.81
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample
Sell Orderly no order-book sample
Paradex and 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−0.0446%1h0.7174+0.076%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0252%1h0.7178+0.136%$281K$148K20xas long as short
HTX ETHFI-USDT−0.0192%4h0.7159−0.133%$83K$165K20xas long as short
Orderly PERP_ETHFI_USDCshort−0.0184%4h0.7169+0.006%$16K$1K10x
Extended ETHFI-USD+0.0032%1h0.7169+0.007%$93K$493K10xas long as short
Paradex ETHFI-USD-PERPlong+0.0032%8h0.7169long leg$6K5x
Binance ETHFIUSDT+0.0032%4h0.7166−0.041%$24.8M$37.2M75xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.997%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0034%4h0.7170+0.020%$15.1M$3.8M125xas long as short
Bitget ETHFIUSDT+0.0084%4h0.7164−0.063%$6.1M$5.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7170+0.020%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7179+0.142%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7172+0.044%$18.1M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7171+0.035%$183K$258K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7168−0.008%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7168−0.008%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7173+0.062%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7175+0.090%$1.2M$272K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7172+0.048%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7143−0.355%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7167−0.016%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7174+0.076%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0138%4h0.7156−0.175%$1.3M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7168−0.008%$31K$7K50xas long as short