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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.013%
Price spread now: Bitget against Extended+0.015%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$620.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.606%+$61 · spread now +0.015%, 7d avg +0.074%
Together, before fees+0.560%+ Points / potential airdropExtended: Active · farm board+$56 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: Bitget is 0.059% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETHFI-USD0.71100.0104pay 0.0013% / 1h36m 00s$99K$381K10x
ShortBitget ETHFIUSDT0.71110.0100get 0.0050% / 4h1h 36m$6.1M$5.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: +0.015% → +0.074%
−$5.92
Slippage, 4 orders
−$45.32
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$69.07
Costs to cover
0.623%
Break-even
never at this rate
Slippage from Extended: live order book, 26 min ago; Bitget: live order book, 2 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 Extended live order book, 26 min ago1.75 bp15.7 bp −$16119.6 bp −$1,196doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.41 bp17.8 bp −$1833.4 bp −$334doesn'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−0.0312%1h0.7116+0.085%$40K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0199%4h0.7113+0.043%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0023%4h0.7081−0.407%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.829%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0070%8h0.7101−0.120%$6K5xas long as short
Variational Omni ETHFI+0.0084%4h0.7113+0.037%$1.0M$732Kas long as short
Lighter ETHFI+0.0096%1h0.7121+0.154%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7122+0.164%$17.8M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7115+0.072%$182K$256K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7111+0.021%$24.8M$35.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7114+0.057%$17.8M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7118+0.113%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7113+0.043%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7113+0.043%$15.4M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7110+0.001%$1.2M$253K50xas long as short
Bitget ETHFIUSDTshort+0.0100%4h0.7111+0.015%$6.1M$5.3M75x
BingX ETHFI-USDC+0.0100%4h0.7116+0.085%$1.2Mas long as short
SunX ETHFI-USDT+0.0100%4h0.7117+0.099%$2K$1.1M20xas long as short
Extended ETHFI-USDlong+0.0104%1h0.7110long leg$99K$381K10x
Aevo ETHFI-PERP+0.0104%1h0.7110+0.007%$8K3xas long as short
Kraken Futures PF_ETHFIUSD+0.0307%1h0.7116+0.086%$270K$201K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7096−0.196%$1.2M$248K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7253+2.012%$32K$6K50xas long as short
Polymarket Perps ETHFI-USD+0.0539%1h0.7125+0.216%$71K$118K5xas long as short