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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0544%/8h= +59.6% APRnext payment +$0.68 per $10,000 · paid last 24h +0.157%
Price spread now: Aevo against Deribit−0.072%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.072% cheaper against Deribit than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ETHFI_USDC-PERPETUAL0.6920−0.0472get 0.0059% / 1h21m 21s$40K$11K10x
ShortAevo ETHFI-PERP0.69150.0072get 0.0009% / 1h21m 21s$8K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
$114.24
Price spread: −0.072% → 0.000%
−$7.23
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
$84.02
Costs to cover
0.230%
Break-even
1.9 days
Slippage unknown: Deribit: no order-book sample; Aevo: no order-book sample. 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 Deribit no order-book sample
Sell Aevo no order-book sample
Deribit and Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALlong−0.0472%1h0.6920long leg$40K$11K10x
HTX ETHFI-USDT−0.0414%4h0.6916−0.058%$82K$150K20xas long as short
Orderly PERP_ETHFI_USDC−0.0292%4h0.6918−0.029%$16K$1K10xas long as short
Variational Omni ETHFI−0.0210%4h0.6912−0.112%$911K$785Kas long as short
Paradex ETHFI-USD-PERP−0.0096%8h0.6927+0.096%$6K5xas long as short
Bybit ETHFIUSDT−0.0064%4h0.6917−0.043%$17.0M$13.0M25xas long as short
Extended ETHFI-USD−0.0024%1h0.6915−0.066%$94K$503K10xas long as short
Binance ETHFIUSDT−0.0020%4h0.6916−0.058%$24.1M$36.2M75xas long as short
MEXC ETHFI_USDT−0.0020%4h0.6923+0.043%$15.7M$4.2M125xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.624%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERPshort+0.0072%1h0.6915−0.072%$8K3x
Lighter ETHFI+0.0096%1h0.6925+0.079%$1.1M$828K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6924+0.052%$16.6M$8.7M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6922+0.029%$177K$253K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6924+0.058%$5.1M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6928+0.116%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6923+0.043%$1.2M$224K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6922+0.029%$6.0M$4.8M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.6922+0.029%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6929+0.126%$52K$149K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6919−0.014%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0220%4h0.6923+0.043%$1.2M$240K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0272%1h0.6990+1.012%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0825%1h0.6932+0.168%$289K$290K20xas long as short