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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.036%
Price spread now: SunX against Paradex+0.002%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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ETHFI-USD-PERP0.71120.0080pay 0.0080% / 8h5h 13m$6K5x
ShortSunX ETHFI-USDT0.71120.0100get 0.0050% / 4h1h 13m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$4.18
Price spread: +0.002% → 0.000%
$0.19
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$7.64
Costs to cover
0.120%
Break-even
19.8 days
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 10 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 Paradex no order-book sample
Sell SunX live order book, 10 min ago500.35 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Paradex: 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−0.0593%1h0.7111−0.012%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0205%4h0.7105−0.097%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0085%4h0.7108−0.054%$88K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.802%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERPlong+0.0080%8h0.7112long leg$6K5x
Lighter ETHFI+0.0096%1h0.7121+0.126%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7121+0.127%$17.8M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7114+0.024%$182K$256K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7107−0.069%$24.8M$35.6M75xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7109−0.040%$17.8M$12.6M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETHFI-USDT-SWAP+0.0100%4h0.7115+0.044%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7117+0.072%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7110−0.026%$15.4M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7122+0.142%$1.2M$252K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7106−0.083%$6.1M$5.3M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7113+0.016%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7141+0.411%$1.0M$716Kas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7112+0.002%$2K$1.1M20x
Extended ETHFI-USD+0.0104%1h0.7111−0.010%$97K$379K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7083−0.404%$8K3xas long as short
Kraken Futures PF_ETHFIUSD+0.0307%1h0.7116+0.065%$269K$203K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7118+0.086%$1.2M$249K75xas long as short
Polymarket Perps ETHFI-USD+0.0438%1h0.7133+0.292%$71K$118K5xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7169+0.803%$31K$6K50xas long as short