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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0631%/8h= +69.0% APRpaid last 24h +0.130%
Price spread now: Bitget 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: +$19 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ETHFI_USDC-PERPETUAL0.7149−0.0589get 0.0074% / 1h21m 43s$42K$18K10x
ShortBitget ETHFIUSDT0.71490.0042get 0.0021% / 4h2h 21m$6.1M$5.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$132.42
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
$113.42
Costs to cover
0.190%
Break-even
1.0 days
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago3.50 bp20.4 bp −$2046.6 bp −$466doesn't fitdoesn't fit
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−0.0589%1h0.7149long leg$42K$18K10x
Kraken Futures PF_ETHFIUSD−0.0213%1h0.7156+0.104%$282K$144K20xas long as short
Orderly PERP_ETHFI_USDC−0.0167%4h0.7144−0.070%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0127%4h0.7135−0.196%$83K$165K20xas long as short
Paradex ETHFI-USD-PERP+0.0033%8h0.7147−0.025%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.273%$321$51K5.5xas long as short
Bitget ETHFIUSDTshort+0.0042%4h0.71490.000%$6.1M$5.6M75x
Extended ETHFI-USD+0.0088%1h0.7145−0.062%$92K$495K10xas long as short
MEXC ETHFI_USDT+0.0088%4h0.7146−0.042%$15.2M$3.8M125xas long as short
Binance ETHFIUSDT+0.0089%4h0.7146−0.044%$24.9M$36.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7151+0.028%$1.1M$909K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7153+0.055%$18.3M$8.8M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7152+0.042%$183K$255K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7150+0.014%$18.3M$12.8M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7150+0.014%$4.9M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7148−0.014%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7153+0.056%$1.2M$270K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7148−0.014%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7115−0.479%$1.0M$718Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7151+0.034%$60K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7153+0.056%$1K$1.1M20xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7143−0.090%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7157+0.112%$31K$9K50xas long as short
BloFin ETHFI-USDT+0.0328%4h0.7144−0.070%$1.3M$295K75xas long as short