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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.079%
Price spread now: Coinbase International against Polymarket Perps+0.370%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.370% dearer against Polymarket Perps than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ETHFI-USD0.72410.0100pay 0.0013% / 1h51m 51s$57K$81K5x
ShortCoinbase International ETHFI-PERP-INTX0.72680.0152get 0.0019% / 1h51m 51s$32K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$10.92
Price spread: +0.370% → 0.000%
$37.01
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$29.93
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Polymarket Perps: no order-book sample; Coinbase International: 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 Polymarket Perps no order-book sample
Sell Coinbase International no order-book sample
Polymarket Perps and Coinbase International: 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−0.0717%1h0.7230−0.155%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0211%1h0.7236−0.078%$282K$131K20xas long as short
Orderly PERP_ETHFI_USDC−0.0147%4h0.7228−0.182%$17K$1K10xas long as short
HTX ETHFI-USDT−0.0011%4h0.7220−0.293%$84K$151K20xas long as short
Bitget ETHFIUSDT+0.0010%4h0.7214−0.376%$6.2M$5.5M75xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240−0.017%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0035%8h0.7224−0.235%$6K5xas long as short
Variational Omni ETHFI+0.0042%4h0.7242+0.011%$1.1M$711Kas long as short
Lighter ETHFI+0.0096%1h0.7227−0.196%$1.1M$881K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7235−0.088%$19.7M$7.4M5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ETHFIUSDT+0.0100%4h0.7231−0.135%$184K$237K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7219−0.302%$25.5M$35.6M75xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7221−0.279%$18.6M$12.4M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7219−0.307%$4.9M$12.1M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7229−0.168%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7222−0.265%$15.4M$3.6M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7225−0.224%$1.2M$269K50xas long as short
BingX ETHFI-USDC+0.0100%4h0.7225−0.224%$1.2Mas long as short
Polymarket Perps ETHFI-USDlong+0.0100%1h0.7241long leg$57K$81K5x
SunX ETHFI-USDT+0.0100%4h0.7233−0.113%$2K$1.0M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7223−0.248%$101K$488K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7225−0.224%$9K3xas long as short
Coinbase International ETHFI-PERP-INTXshort+0.0152%1h0.7268+0.370%$32K$9K50x
BloFin ETHFI-USDT+0.0340%4h0.7235−0.086%$1.3M$291K75xas long as short