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

ETHFI

all ETHFI markets
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Funding spread now, next payment 18:00 UTC+0.0104%/8h
paid, last 24h+0.038%paid, last 3 days+0.193%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ETHFI-USD-PERP0.7169−0.0004get 0.0004% / 8h6h 34m$6K5x
ShortHyperliquid ETHFI0.71780.0100get 0.0013% / 1h34m 40s$19.6M$7.2M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21.94
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$8.94
Break-even
4.1 days
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.121%
Avg gap 7d
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 Paradex no order-book sample
Sell Hyperliquid live order book, 10 min ago0.35 bp7.6 bp −$8doesn't fitdoesn't fitdoesn't fit
Paradex: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Orderly PERP_ETHFI_USDC−0.0133%4h$16K$1K10xas long as short
HTX ETHFI-USDT−0.0005%4h$83K$155K20xas long as short
Paradex ETHFI-USD-PERPlong−0.0004%8h$6K5x
Deribit ETHFI_USDC-PERPETUAL0.0000%1h$44K$18K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h$330$56K5.5xas long as short
Bitget ETHFIUSDT+0.0076%4h$6.2M$5.6M75xas long as short
Hyperliquid ETHFIshort+0.0100%1h$19.6M$7.2M5x
Aster ETHFIUSDT+0.0100%4h$184K$243K10xas long as short
Binance ETHFIUSDT+0.0100%4h$25.2M$35.3M75xas long as short
Bybit ETHFIUSDT+0.0100%4h$18.5M$12.5M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ETHFI-USDT-SWAP+0.0100%4h$4.8M$11.8M20xas long as short
Gate ETHFI_USDT+0.0100%4h$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h$15.3M$3.8M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h$1.2M$269K50xas long as short
BingX ETHFI-USDC+0.0100%4h$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h$1.0M$789Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h$48K$54K5xas long as short
SunX ETHFI-USDT+0.0100%4h$1K$1.0M20xas long as short
Extended ETHFI-USD+0.0104%1h$96K$495K10xas long as short
Aevo ETHFI-PERP+0.0104%1h$9K3xas long as short
Lighter ETHFI+0.0160%1h$1.2M$559K5xas long as short
Kraken Futures PF_ETHFIUSD+0.0272%1h$277K$176K20xas long as short
BloFin ETHFI-USDT+0.0340%4h$1.3M$292K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0464%1h$32K$16K50xas long as short