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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.036%
Price spread now: Paradex against Aster+0.026%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 airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.026% dearer against Aster than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHFIUSDT0.69150.0011pay 0.0006% / 4h2h 31m$177K$260K10x
ShortParadex ETHFI-USD-PERP0.6917−0.0009pay 0.0009% / 8h2h 31m$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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
−$4.28
Price spread: +0.026% → 0.000%
$2.63
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$13.65
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 15 min ago; Paradex: 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 Aster live order book, 15 min ago0.72 bp9.6 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
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−0.0474%1h0.6902−0.188%$39K$10K10xas long as short
HTX ETHFI-USDT−0.0419%4h0.6908−0.101%$80K$183K20xas long as short
Kraken Futures PF_ETHFIUSD−0.0413%1h0.6922+0.096%$283K$278K20xas long as short
Bybit ETHFIUSDT−0.0297%4h0.6903−0.174%$17.2M$12.8M25xas long as short
Orderly PERP_ETHFI_USDC−0.0265%4h0.6902−0.188%$16K$1K10xas long as short
Variational Omni ETHFI−0.0121%4h0.6938+0.339%$906K$762Kas long as short
Extended ETHFI-USD−0.0032%1h0.6900−0.214%$94K$502K10xas long as short
Binance ETHFIUSDT−0.0030%4h0.6902−0.188%$23.9M$35.6M75xas long as short
MEXC ETHFI_USDT−0.0028%4h0.6916+0.014%$15.6M$4.1M125xas long as short
Paradex ETHFI-USD-PERPshort−0.0009%8h0.6917+0.026%$6K5x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ETHFIUSDTlong+0.0011%4h0.6915long leg$177K$260K10x
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.700%$321$51K5.5xas long as short
Aevo ETHFI-PERP+0.0072%1h0.6895−0.289%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6926+0.166%$1.1M$831K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6913−0.025%$16.8M$8.4M5xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6908−0.101%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6913−0.029%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6916+0.014%$1.2M$229K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6898−0.246%$6.0M$5.3M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.6905−0.145%$8.8Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6914−0.012%$62K$127K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6920+0.072%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0212%4h0.6916+0.014%$1.2M$236K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0376%1h0.7054+2.010%$31K$5K50xas long as short