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

ETHFI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Aevo against Gate−0.137%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.137% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETHFI_USDT0.70370.0100pay 0.0050% / 4h3h 53m$1.7M$1.9M75x
ShortAevo ETHFI-PERP0.70270.0104get 0.0013% / 1h53m 53s$8K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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: −0.137% → 0.000%
−$13.73
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$43.89
Costs to cover
0.310%
Break-even
372.7 days
Slippage unknown: Gate: live order book, 4 min ago; 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 Gate live order book, 4 min ago1.42 bp25.8 bp −$26203.1 bp −$2,031doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
HTX ETHFI-USDT−0.0906%4h0.7056+0.270%$87K$171K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0603%1h0.7028−0.128%$40K$11K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0305%1h0.7031−0.084%$263K$209K20xas long as short
Orderly PERP_ETHFI_USDC−0.0238%4h0.7026−0.156%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0001%8h0.7059+0.319%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.885%$321$51K5.5xas long as short
Bybit ETHFIUSDT+0.0059%4h0.7040+0.043%$17.6M$12.6M25xas long as short
Variational Omni ETHFI+0.0065%4h0.7037−0.003%$980K$703Kas long as short
Extended ETHFI-USD+0.0088%1h0.7031−0.085%$95K$379K10xas long as short
Binance ETHFIUSDT+0.0089%4h0.7038+0.014%$24.4M$35.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ETHFI_USDT+0.0090%4h0.7030−0.099%$15.9M$4.0M125xas long as short
Lighter ETHFI+0.0096%1h0.7037−0.004%$1.1M$841K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7032−0.072%$17.5M$7.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7037+0.006%$180K$224K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7042+0.071%$5.1M$12.3M20xas long as short
Gate ETHFI_USDTlong+0.0100%4h0.7037long leg$1.7M$1.9M75x
KuCoin ETHFIUSDTM+0.0100%4h0.7035−0.028%$1.2M$229K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7032−0.071%$6.0M$5.2M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7040+0.043%$8.9Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7042+0.070%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7035−0.028%$1K$1.1M20xas long as short
Aevo ETHFI-PERPshort+0.0104%1h0.7027−0.137%$8K3x
BloFin ETHFI-USDT+0.0330%4h0.7056+0.270%$1.2M$244K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0544%1h0.7075+0.540%$31K$6K50xas long as short