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 +0.014%
Price spread now: Aster against Variational Omni+0.029%7-day average −0.028% · 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 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−1.175%−$117 · spread now +0.029%, 7d avg −0.028%
Together, before fees−1.161%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$116 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: Aster is 0.057% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETHFI0.70720.0100pay 0.0050% / 4h56m 59s$1.0M$714K
ShortAster ETHFIUSDT0.70740.0100get 0.0050% / 4h56m 59s$181K$256K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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: +0.029% → −0.028%
$5.71
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$2.29
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 65 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 Variational Omni RFQ quote, 2 min ago4.24 bpdoesn't fit48.1 bp −$481doesn't fitdoesn't fit
Sell Aster live order book, 65 min ago5.59 bp23.4 bp −$23doesn'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
Deribit ETHFI_USDC-PERPETUAL−0.0315%1h0.7075+0.042%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0208%4h0.7071−0.015%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0046%4h0.7050−0.312%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.375%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7077+0.068%$263K$212K20xas long as short
Paradex ETHFI-USD-PERP+0.0073%8h0.7054−0.255%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7076+0.056%$1.1M$878K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7078+0.083%$17.6M$8.0M5xas long as short
Aster ETHFIUSDTshort+0.0100%4h0.7074+0.029%$181K$256K10x
Binance ETHFIUSDT+0.0100%4h0.7073+0.016%$24.6M$35.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7080+0.112%$17.7M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7084+0.169%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7080+0.112%$1.7M$1.9M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7070−0.029%$15.8M$3.9M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7074+0.028%$1.2M$241K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7076+0.056%$6.1M$5.2M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7079+0.098%$26.0Mas long as short
Variational Omni ETHFIlong+0.0100%4h0.7072long leg$1.0M$714K
Polymarket Perps ETHFI-USD+0.0100%1h0.7084+0.162%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7077+0.070%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7068−0.054%$96K$382K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7068−0.054%$8K3xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7071−0.015%$1.2M$245K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7095+0.325%$31K$6K50xas long as short