ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.35 per $10,000 · paid last 24h +0.015%

Price spread now: Binance against Bitget+0.007%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$580.585% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.007%, 7d avg −0.018%

Together, before fees−0.002%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.025% dearer against Bitget than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.018%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ETHFIUSDT	0.7221	0.0100	pay 0.0050% / 4h	50m 26s	$6.2M	$5.7M	75x
Short	Binance ETHFIUSDT	0.7221	0.0031	get 0.0015% / 4h	50m 26s	$25.1M	$37.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.007%Rate

Funding earned: −$14.57
Price spread: +0.007% → −0.018%: $2.49
Slippage, 4 orders: −$36.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$70.58
Costs to cover: 0.585%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	1.38 bp	16.8 bp −$17	27.8 bp −$278	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.69 bp	13.5 bp −$13	32.1 bp −$321	139.1 bp −$13.9K	doesn't fit

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ETHFI_USDC-PERPETUAL	−0.0441%	1h	0.7231	+0.138%	$42K	$18K	10x	as long as short
HTX ETHFI-USDT	−0.0343%	4h	0.7211	−0.138%	$84K	$164K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0192%	4h	0.7227	+0.083%	$17K	$1K	10x	as long as short
MEXC ETHFI_USDT	+0.0030%	4h	0.7227	+0.083%	$15.3M	$3.8M	125x	as long as short
Binance ETHFIUSDTshort	+0.0031%	4h	0.7221	+0.007%	$25.1M	$37.2M	75x
Extended ETHFI-USD	+0.0032%	1h	0.7225	+0.049%	$94K	$493K	10x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.263%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0047%	8h	0.7226	+0.070%	$6K	—	5x	as long as short
Aster ETHFIUSDT	+0.0054%	4h	0.7231	+0.138%	$185K	$261K	10x	as long as short
Aevo ETHFI-PERP	+0.0088%	1h	0.7223	+0.031%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ETHFI	+0.0096%	1h	0.7238	+0.229%	$1.1M	$896K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7227	+0.082%	$18.3M	$8.9M	5x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7224	+0.042%	$18.3M	$13.1M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7224	+0.042%	$5.0M	$12.6M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7229	+0.111%	$1.7M	$2.1M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7234	+0.180%	$1.2M	$273K	50x	as long as short
Bitget ETHFIUSDTlong	+0.0100%	4h	0.7221	long leg	$6.2M	$5.7M	75x
BingX ETHFI-USDC	+0.0100%	4h	0.7229	+0.111%	—	$1.2M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7219	−0.034%	$1.0M	$747K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7222	+0.018%	$60K	$93K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7225	+0.055%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0128%	4h	0.7228	+0.097%	$1.3M	$295K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0216%	1h	0.7237	+0.222%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0547%	1h	0.7238	+0.233%	$279K	$159K	20x	as long as short