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+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bitget+0.238%7-day average +0.023% · 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 7 days+0.059%+$6 on $10k
Price spread, last 3 days (all we have)−0.354%−$35 · spread now +0.238%, 7d avg +0.023%
Together, before fees−0.295%−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.216% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHFIUSDT0.71320.0044pay 0.0022% / 4h2h 09m$6.1M$5.6M75x
ShortSunX ETHFI-USDT0.71490.0100get 0.0050% / 4h2h 09m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$11.76
Price spread: +0.238% → +0.023%
$21.57
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$13.33
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Bitget: live order book, 8 min ago; SunX: live order book, 3 min ago. 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 Bitget live order book, 8 min ago1.40 bp17.4 bp −$1734.4 bp −$344doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago494.97 bpdoesn't fitdoesn'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−0.0589%1h0.7145+0.182%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0254%4h0.7128−0.056%$83K$165K20xas long as short
Kraken Futures PF_ETHFIUSD−0.0213%1h0.7153+0.291%$281K$145K20xas long as short
Orderly PERP_ETHFI_USDC−0.0172%4h0.7140+0.112%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.514%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0041%8h0.7140+0.118%$6K5xas long as short
Bitget ETHFIUSDTlong+0.0044%4h0.7132long leg$6.1M$5.6M75x
Binance ETHFIUSDT+0.0086%4h0.71320.000%$24.8M$37.0M75xas long as short
Extended ETHFI-USD+0.0088%1h0.7134+0.033%$92K$495K10xas long as short
MEXC ETHFI_USDT+0.0088%4h0.7134+0.028%$15.1M$3.9M125xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7146+0.202%$1.1M$909K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7142+0.137%$18.1M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7146+0.201%$183K$255K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7143+0.154%$18.3M$12.8M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7140+0.112%$4.9M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7140+0.112%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7138+0.084%$1.2M$270K50xas long as short
BingX ETHFI-USDC+0.0100%4h0.7140+0.112%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7143+0.159%$1.0M$729Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7146+0.196%$60K$85K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7149+0.238%$2K$1.1M20x
Aevo ETHFI-PERP+0.0104%1h0.7140+0.110%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7165+0.463%$31K$9K50xas long as short
BloFin ETHFI-USDT+0.0329%4h0.7129−0.042%$1.3M$293K75xas long as short