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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against SunX+0.058%7-day average −0.055% · you sell dearer than you buy
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 7 days+0.454%+$45 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.058%, 7d avg −0.055%
Together, before fees+0.346%+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.113% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETHFI-USDT0.69430.0100pay 0.0050% / 4h18m 47s$2K$1.1M20x
ShortBloFin ETHFI-USDT0.69470.0226get 0.0113% / 4h18m 47s$1.2M$241K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$26.41
Price spread: +0.058% → −0.055%
$11.28
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$17.69
Costs to cover
0.200%
Break-even
2.3 days
Slippage unknown: SunX: live order book, 4 min ago; BloFin: live order book, 4 min ago. 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 SunX live order book, 4 min ago501.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago1.45 bp11.5 bp −$1124.5 bp −$24563.8 bp −$6,382doesn'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
HTX ETHFI-USDT−0.0415%4h0.6936−0.101%$82K$150K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0325%1h0.6951+0.115%$41K$11K10xas long as short
Orderly PERP_ETHFI_USDC−0.0290%4h0.6946+0.043%$16K$1K10xas long as short
Variational Omni ETHFI−0.0201%4h0.6915−0.399%$911K$785Kas long as short
Paradex ETHFI-USD-PERP−0.0086%8h0.6946+0.046%$6K5xas long as short
Bybit ETHFIUSDT−0.0057%4h0.6947+0.058%$17.1M$13.0M25xas long as short
Extended ETHFI-USD−0.0016%1h0.6945+0.026%$94K$503K10xas long as short
Binance ETHFIUSDT−0.0014%4h0.6946+0.047%$24.2M$36.3M75xas long as short
MEXC ETHFI_USDT−0.0014%4h0.6945+0.029%$15.7M$4.2M125xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.278%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0072%1h0.6946+0.043%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6952+0.133%$1.1M$828K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6952+0.131%$16.7M$8.7M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6946+0.037%$178K$253K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6950+0.101%$5.1M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6952+0.130%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6947+0.058%$1.2M$224K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6946+0.043%$6.1M$4.8M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.6950+0.101%$10.8Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6955+0.179%$52K$149K5xas long as short
SunX ETHFI-USDTlong+0.0100%4h0.6943long leg$2K$1.1M20x
BloFin ETHFI-USDTshort+0.0226%4h0.6947+0.058%$1.2M$241K75x
Coinbase International ETHFI-PERP-INTX+0.0272%1h0.6990+0.677%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0822%1h0.6957+0.208%$290K$290K20xas long as short