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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0692%/8h= −75.8% APRnext payment $0.86 per $10,000 · paid last 24h −0.157%
Price spread now: Deribit against Aevo+0.072%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
The price spread pays, funding is against you. Deribit is 0.072% dearer against Aevo than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.69500.0080pay 0.0010% / 1h4m 57s$8K3x
ShortDeribit ETHFI_USDC-PERPETUAL0.6955−0.0612pay 0.0076% / 1h4m 57s$41K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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
−$145.3
Price spread: +0.072% → 0.000%
$7.19
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$161.11
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: 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 Aevo no order-book sample
Sell Deribit no order-book sample
Aevo and Deribit: 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-PERPETUALshort−0.0612%1h0.6955+0.072%$41K$11K10x
HTX ETHFI-USDT−0.0411%4h0.6949−0.014%$82K$174K20xas long as short
Orderly PERP_ETHFI_USDC−0.0279%4h0.6953+0.043%$16K$1K10xas long as short
Variational Omni ETHFI−0.0128%4h0.6968+0.263%$917K$785Kas long as short
Binance ETHFIUSDT−0.0011%4h0.6946−0.058%$24.2M$36.4M75xas long as short
Paradex ETHFI-USD-PERP−0.0010%8h0.6960+0.145%$6K5xas long as short
MEXC ETHFI_USDT−0.0010%4h0.6951+0.014%$15.8M$4.2M125xas long as short
Extended ETHFI-USD−0.0008%1h0.6947−0.043%$95K$505K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.173%$321$51K5.5xas long as short
Bybit ETHFIUSDT+0.0049%4h0.6954+0.058%$17.2M$13.1M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERPlong+0.0080%1h0.6950long leg$8K3x
Lighter ETHFI+0.0096%1h0.6959+0.129%$1.1M$832K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6954+0.059%$16.7M$8.7M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6960+0.141%$178K$263K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6956+0.086%$5.1M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6960+0.144%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6966+0.230%$1.2M$228K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.69500.000%$6.1M$4.9M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.6954+0.058%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6965+0.212%$52K$149K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6961+0.158%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0229%4h0.6955+0.072%$1.2M$240K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0328%1h0.6978+0.403%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.1687%1h0.6972+0.323%$291K$295K20xas long as short