data as of
Settings8H · net · $10k
Funding arb /

ETHFI

all ETHFI markets
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Funding spread now, next payment 14:00 UTC−0.0420%/8h
paid, last 24h−0.022%paid, last 7 days−0.079%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ETHFI0.75100.0192pay 0.0024% / 1h38m 51s$21.0M$6.1M5x
ShortOKX ETHFI-USDT-SWAP0.7491−0.0228pay 0.0114% / 4h2h 38m$5.1M$12.1M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$88.28
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$107.28
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; OKX: live order book, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.250%
Avg gap 7d
−0.091%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago0.07 bp12.0 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.34 bp15.2 bp −$1542.5 bp −$425doesn't fitdoesn't fit

ETHFI on 24 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0551%1h$47K$15K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0406%1h$284K$224K20xas long as short
OKX ETHFI-USDT-SWAPshort−0.0228%4h$5.1M$12.1M20x
Paradex ETHFI-USD-PERP−0.0062%8h$6K5xas long as short
Orderly PERP_ETHFI_USDC−0.0047%4h$17K$4410xas long as short
Bybit ETHFIUSDT−0.0014%4h$19.6M$12.4M25xas long as short
Gate ETHFI_USDT−0.0010%4h$1.8M$1.6M75xas long as short
Injective ETHFI/USDC PERP+0.0033%1h$330$56K5.5xas long as short
KuCoin ETHFIUSDTM+0.0082%4h$1.2M$265K50xas long as short
HTX ETHFI-USDT+0.0092%4h$79K$139K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster ETHFIUSDT+0.0100%4h$197K$218K10xas long as short
Binance ETHFIUSDT+0.0100%4h$27.0M$33.6M75xas long as short
MEXC ETHFI_USDT+0.0100%4h$15.9M$3.7M125xas long as short
Bitget ETHFIUSDT+0.0100%4h$6.6M$5.3M75xas long as short
BingX ETHFI-USDC+0.0100%4h$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h$1.1M$750Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h$52K$13K5xas long as short
SunX ETHFI-USDT+0.0100%4h$2K$944K20xas long as short
Extended ETHFI-USD+0.0104%1h$102K$470K10xas long as short
Aevo ETHFI-PERP+0.0104%1h$9K3xas long as short
Lighter ETHFI+0.0136%1h$1.3M$405K5xas long as short
Coinbase International ETHFI-PERP-INTX+0.0184%1h$34K$92K50xas long as short
Hyperliquid ETHFIlong+0.0192%1h$21.0M$6.1M5x
BloFin ETHFI-USDT+0.0340%4h$1.5M$243K75xas long as short