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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against Bitget+0.042%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days+0.023%+$2 · spread now +0.042%, 7d avg +0.018%
Together, before fees−0.015%−$1 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: BingX is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHFIUSDT0.71230.0100pay 0.0050% / 4h1h 34m$6.1M$5.3M75x
ShortBingX ETHFI-USDT0.71260.0100get 0.0050% / 4h1h 34m$26.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$0
Price spread: +0.042% → +0.018%
$2.44
Slippage, 4 orders
−$23.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$42.68
Costs to cover
0.451%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 4 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 Bitget live order book, 3 min ago1.41 bp11.8 bp −$1228.5 bp −$285doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago2.12 bp8.1 bp −$811.4 bp −$11423.2 bp −$2,31966.5 bp −$33.3K

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−0.0311%1h0.7125+0.028%$40K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0199%4h0.7121−0.028%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0032%4h0.7108−0.211%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.643%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0070%8h0.7116−0.102%$6K5xas long as short
Variational Omni ETHFI+0.0084%4h0.7113−0.146%$1.0M$732Kas long as short
Lighter ETHFI+0.0096%1h0.7131+0.107%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7130+0.105%$17.8M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7127+0.051%$182K$256K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7125+0.026%$24.8M$35.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7125+0.028%$17.8M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7129+0.084%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7127+0.056%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7120−0.042%$15.4M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7117−0.084%$1.2M$253K50xas long as short
Bitget ETHFIUSDTlong+0.0100%4h0.7123long leg$6.1M$5.3M75x
BingX ETHFI-USDTshort+0.0100%4h0.7126+0.042%$26.0M
SunX ETHFI-USDT+0.0100%4h0.7128+0.070%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7123−0.002%$99K$376K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7125+0.028%$8K3xas long as short
Kraken Futures PF_ETHFIUSD+0.0306%1h0.7128+0.072%$270K$201K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.71230.000%$1.3M$249K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7253+1.825%$32K$6K50xas long as short
Polymarket Perps ETHFI-USD+0.0549%1h0.7143+0.279%$71K$118K5xas long as short