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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.144%
Price spread now: BingX against Deribit0.000%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ETHFI_USDC-PERPETUAL0.7163−0.0448get 0.0056% / 1h18m 43s$42K$18K10x
ShortBingX ETHFI-USDT0.71630.0100get 0.0050% / 4h1h 18m$26.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$114.98
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
$97.98
Costs to cover
0.170%
Break-even
1.0 days
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 10 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 Deribit no order-book sample
Sell BingX live order book, 10 min ago1.40 bp8.3 bp −$813.3 bp −$13329.2 bp −$2,91868.9 bp −$34.5K
Deribit: 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−0.0448%1h0.7163long leg$42K$18K10x
Kraken Futures PF_ETHFIUSD−0.0252%1h0.7175+0.165%$281K$148K20xas long as short
HTX ETHFI-USDT−0.0206%4h0.7147−0.223%$83K$165K20xas long as short
Orderly PERP_ETHFI_USDC−0.0186%4h0.7160−0.042%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0028%8h0.7162−0.018%$6K5xas long as short
MEXC ETHFI_USDT+0.0030%4h0.7162−0.014%$15.1M$3.8M125xas long as short
Binance ETHFIUSDT+0.0030%4h0.7162−0.008%$24.8M$37.2M75xas long as short
Extended ETHFI-USD+0.0032%1h0.7161−0.031%$93K$493K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.075%$321$51K5.5xas long as short
Bitget ETHFIUSDT+0.0086%4h0.7162−0.014%$6.1M$5.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7157−0.082%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7169+0.089%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7173+0.140%$18.1M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7160−0.046%$183K$258K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7165+0.028%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7167+0.056%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7164+0.014%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7162−0.014%$1.2M$272K50xas long as short
BingX ETHFI-USDTshort+0.0100%4h0.71630.000%$26.1M
Variational Omni ETHFI+0.0100%4h0.7166+0.036%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7162−0.020%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7164+0.014%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0121%4h0.7165+0.028%$1.2M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7177+0.195%$31K$7K50xas long as short