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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: BingX against Polymarket Perps−0.010%7-day average · 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−0.041%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ETHFI-USD0.72000.0100pay 0.0013% / 1h32m 09s$60K$94K5x
ShortBingX ETHFI-USDC0.71990.0100get 0.0050% / 4h32m 09s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Polymarket Perps. 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: −0.010% → 0.000%
−$0.97
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$18.97
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; BingX: live order book, 8 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 Polymarket Perps no order-book sample
Sell BingX live order book, 8 min ago2.08 bp30.4 bp −$3096.1 bp −$961592.2 bp −$59.2K759.8 bp −$379.9K
Polymarket Perps: 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
HTX ETHFI-USDT−0.0332%4h0.7176−0.329%$83K$164K20xas long as short
Orderly PERP_ETHFI_USDC−0.0190%4h0.7197−0.038%$16K$1K10xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0166%1h0.7201+0.018%$42K$18K10xas long as short
Paradex ETHFI-USD-PERP+0.0028%8h0.7199−0.004%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.560%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0036%4h0.7198−0.024%$15.3M$3.8M125xas long as short
Binance ETHFIUSDT+0.0039%4h0.7197−0.038%$25.1M$37.2M75xas long as short
Extended ETHFI-USD+0.0040%1h0.7196−0.058%$93K$493K10xas long as short
Aster ETHFIUSDT+0.0056%4h0.7204+0.059%$184K$262K10xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7195−0.065%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7209+0.126%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7209+0.133%$18.2M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7197−0.038%$18.2M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7206+0.088%$5.0M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7198−0.024%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7196−0.051%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7197−0.038%$6.1M$5.7M75xas long as short
BingX ETHFI-USDCshort+0.0100%4h0.7199−0.010%$1.2M
Variational Omni ETHFI+0.0100%4h0.7192−0.111%$1.1M$738Kas long as short
Polymarket Perps ETHFI-USDlong+0.0100%1h0.7200long leg$60K$94K5x
SunX ETHFI-USDT+0.0100%4h0.7199−0.010%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0149%4h0.7196−0.051%$1.3M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+0.518%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0550%1h0.7204+0.058%$277K$161K20xas long as short