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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: SunX against BingX−0.185%7-day average +0.023% · you buy dearer than you sell
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 7 days+0.094%+$9 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.185%, 7d avg +0.023%
Together, before fees+0.150%+$15 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: SunX is 0.208% cheaper against BingX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETHFI-USDC0.70150.0100pay 0.0050% / 4h2h 05m$1.2M
ShortSunX ETHFI-USDT0.70020.0100get 0.0050% / 4h2h 05m$1K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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: −0.185% → +0.023%
−$20.8
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$38.8
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 3 min ago; SunX: live order book, just now. 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 BingX live order book, 3 min ago2.15 bp26.3 bp −$2699.5 bp −$995552.2 bp −$55.2K726.5 bp −$363.2K
Sell SunX live order book, just now499.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ETHFI on 24 exchanges

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−0.0463%1h0.7007−0.114%$43K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0313%4h0.6992−0.328%$16K$1K10xas long as short
Variational Omni ETHFI−0.0167%4h0.7007−0.116%$933K$714Kas long as short
HTX ETHFI-USDT−0.0067%4h0.6991−0.342%$83K$133K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+3.207%$321$51K5.5xas long as short
Binance ETHFIUSDT+0.0042%4h0.7008−0.095%$24.5M$32.3M75xas long as short
MEXC ETHFI_USDT+0.0044%4h0.7001−0.200%$15.8M$4.2M125xas long as short
Extended ETHFI-USD+0.0048%1h0.7009−0.081%$111K$499K10xas long as short
Paradex ETHFI-USD-PERP+0.0053%8h0.7009−0.086%$6K5xas long as short
Bybit ETHFIUSDT+0.0089%4h0.7008−0.100%$17.3M$11.8M25xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7023+0.110%$1.1M$729K5xas long as short
Aevo ETHFI-PERP+0.0096%1h0.7007−0.117%$8K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.7011−0.054%$16.9M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7012−0.049%$180K$162K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7005−0.143%$5.1M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7013−0.029%$1.7M$1.8M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7007−0.114%$1.2M$182K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7005−0.143%$6.3M$3.8M75xas long as short
BingX ETHFI-USDClong+0.0100%4h0.7015long leg$1.2M
Polymarket Perps ETHFI-USD+0.0100%1h0.70150.000%$53K$148K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7002−0.185%$1K$1.0M20x
BloFin ETHFI-USDT+0.0184%4h0.7010−0.071%$1.2M$235K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0328%1h0.7040+0.356%$32K$5K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0996%1h0.7020+0.071%$300K$292K20xas long as short