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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance+0.168%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$960.959% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.168%, 7d avg +0.069%
Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.099% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71360.0088pay 0.0044% / 4h2h 24m$24.9M$36.9M75x
ShortAster ETHFIUSDT0.71480.0100get 0.0050% / 4h2h 24m$182K$255K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$2.42
Price spread: +0.168% → +0.069%
$9.93
Slippage, 4 orders
−$77.89
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$83.55
Costs to cover
0.959%
Break-even
248.7 days
Slippage from Binance: live order book, 2 min ago; Aster: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.70 bp13.1 bp −$1334.8 bp −$348159.1 bp −$15.9Kdoesn't fit
Sell Aster live order book, 62 min ago8.22 bp23.8 bp −$24doesn'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−0.0450%1h0.7142+0.084%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0214%1h0.7140+0.062%$275K$137K20xas long as short
Orderly PERP_ETHFI_USDC−0.0165%4h0.7138+0.028%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0079%4h0.7122−0.196%$83K$165K20xas long as short
Paradex ETHFI-USD-PERP+0.0028%8h0.7143+0.104%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.457%$321$51K5.5xas long as short
Bitget ETHFIUSDT+0.0036%4h0.7134−0.028%$6.1M$5.6M75xas long as short
MEXC ETHFI_USDT+0.0086%4h0.7140+0.056%$15.2M$3.8M125xas long as short
Extended ETHFI-USD+0.0088%1h0.7139+0.048%$92K$495K10xas long as short
Binance ETHFIUSDTlong+0.0088%4h0.7136long leg$24.9M$36.9M75x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7148+0.163%$1.1M$909K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7147+0.151%$18.3M$8.8M5xas long as short
Aster ETHFIUSDTshort+0.0100%4h0.7148+0.168%$182K$255K10x
Bybit ETHFIUSDT+0.0100%4h0.7145+0.126%$18.3M$12.8M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7141+0.070%$4.9M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7144+0.112%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7140+0.056%$1.2M$270K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7142+0.084%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7115−0.298%$1.0M$718Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7144+0.112%$60K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7143+0.098%$2K$1.1M20xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7135−0.011%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7147+0.154%$31K$8K50xas long as short
BloFin ETHFI-USDT+0.0326%4h0.7129−0.098%$1.3M$296K75xas long as short