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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Polymarket Perps−0.134%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.573% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 4 days (all we have)+0.765%+$76 · spread now −0.134%, 7d avg −0.148%
Together, before fees+0.816%+ Points / potential airdropExtended: Active · farm board+$82 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ETHFI-USD0.71370.0100pay 0.0013% / 1h46m 34s$71K$118K5x
ShortExtended ETHFI-USD0.71280.0104get 0.0013% / 1h46m 34s$98K$384K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. 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: −0.134% → −0.148%
$1.4
Slippage, 4 orders
−$44.35
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$55.11
Costs to cover
0.573%
Break-even
466.3 days
Slippage from Polymarket Perps: live order book, 51 min ago; Extended: live order book, 21 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 Polymarket Perps live order book, 51 min ago4.80 bp15.7 bp −$162320.3 bp −$23.2Kdoesn't fitdoesn't fit
Sell Extended live order book, 21 min ago2.08 bp16.5 bp −$17151.6 bp −$1,516doesn'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−0.0451%1h0.7131−0.085%$40K$13K10xas long as short
HTX ETHFI-USDT−0.0406%4h0.7134−0.043%$88K$169K20xas long as short
Orderly PERP_ETHFI_USDC−0.0211%4h0.7134−0.043%$16K$1K10xas long as short
Variational Omni ETHFI−0.0006%4h0.7135−0.031%$1.0M$721Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.442%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0041%8h0.7131−0.080%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7139+0.027%$1.1M$887K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.71370.000%$17.9M$8.5M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7140+0.037%$182K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7128−0.132%$24.8M$36.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7130−0.099%$17.9M$12.7M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7135−0.029%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7136−0.015%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7134−0.043%$15.1M$3.8M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7131−0.085%$1.2M$259K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7126−0.156%$6.1M$5.5M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7135−0.029%$26.1Mas long as short
Polymarket Perps ETHFI-USDlong+0.0100%1h0.7137long leg$71K$118K5x
SunX ETHFI-USDT+0.0100%4h0.7138+0.013%$2K$1.1M20xas long as short
Extended ETHFI-USDshort+0.0104%1h0.7128−0.134%$98K$384K10x
Aevo ETHFI-PERP+0.0104%1h0.7127−0.145%$8K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7169+0.447%$31K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0227%1h0.7138+0.019%$272K$185K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7142+0.069%$1.2M$260K75xas long as short