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

ETHFI

all ETHFI markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0171%/8h
paid, last 24h−0.017%paid, last 3 days−0.185%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ETHFI0.74060.0271pay 0.0034% / 1h59m 31s$20.3M$6.4M5x
ShortVariational Omni ETHFI0.73950.0100get 0.0050% / 4h1h 59m$1.1M$794K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$35.93
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$44.93
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.144%
Avg gap 7d
−0.076%
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, 5 min ago1.08 bp9.0 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago4.73 bpdoesn't fit49.3 bp −$493doesn't fitdoesn't fit

ETHFI on 24 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ETHFIUSD−0.0411%1h$283K$218K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0291%1h$46K$16K10xas long as short
BingX ETHFI-USDT−0.0276%4h$26.0Mas long as short
OKX ETHFI-USDT-SWAP−0.0272%4h$5.0M$12.3M20xas long as short
Orderly PERP_ETHFI_USDC−0.0043%4h$17K$4410xas long as short
Paradex ETHFI-USD-PERP−0.0042%8h$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h$330$56K5.5xas long as short
Gate ETHFI_USDT+0.0048%4h$1.8M$1.7M75xas long as short
HTX ETHFI-USDT+0.0058%4h$77K$140K20xas long as short
KuCoin ETHFIUSDTM+0.0064%4h$1.1M$267K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter ETHFI+0.0096%1h$1.3M$516K5xas long as short
Aster ETHFIUSDT+0.0100%4h$194K$219K10xas long as short
Binance ETHFIUSDT+0.0100%4h$26.5M$34.7M75xas long as short
Bybit ETHFIUSDT+0.0100%4h$19.3M$12.5M25xas long as short
MEXC ETHFI_USDT+0.0100%4h$15.5M$3.7M125xas long as short
Bitget ETHFIUSDT+0.0100%4h$6.5M$5.4M75xas long as short
Variational Omni ETHFIshort+0.0100%4h$1.1M$794K
Polymarket Perps ETHFI-USD+0.0100%1h$52K$13K5xas long as short
SunX ETHFI-USDT+0.0100%4h$2K$973K20xas long as short
Extended ETHFI-USD+0.0104%1h$102K$474K10xas long as short
Aevo ETHFI-PERP+0.0104%1h$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0184%1h$34K$92K50xas long as short
Hyperliquid ETHFIlong+0.0271%1h$20.3M$6.4M5x
BloFin ETHFI-USDT+0.0340%4h$1.4M$268K75xas long as short