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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0204%/8h= +22.4% APRpaid last 24h +0.071%
Price spread now: BloFin against Aevo+0.226%53s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.226% dearer against Aevo than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.70810.0104pay 0.0013% / 1h5m 38s$8K3x
ShortBloFin ETHFI-USDT0.70970.0308get 0.0154% / 4h2h 05m$1.3M$292K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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
$42.92
Price spread: +0.226% → 0.000%
$22.6
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
$37.52
Costs to cover
0.280%
Break-even
0.9 days
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 2 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 Aevo no order-book sample
Sell BloFin live order book, 2 min ago1.41 bp7.4 bp −$719.6 bp −$19666.2 bp −$6,619doesn't fit
Aevo: 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0878%1h0.7087+0.085%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0251%4h0.7084+0.042%$82K$165K20xas long as short
Kraken Futures PF_ETHFIUSD−0.0215%1h0.7092+0.155%$279K$145K20xas long as short
Orderly PERP_ETHFI_USDC−0.0174%4h0.7083+0.028%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0030%8h0.7081+0.006%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.245%$321$51K5.5xas long as short
Bitget ETHFIUSDT+0.0034%4h0.70810.000%$6.0M$5.7M75xas long as short
Binance ETHFIUSDT+0.0071%4h0.7082+0.012%$24.6M$37.1M75xas long as short
MEXC ETHFI_USDT+0.0076%4h0.7082+0.014%$15.0M$3.9M125xas long as short
Extended ETHFI-USD+0.0080%1h0.7079−0.027%$92K$495K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7091+0.144%$1.1M$909K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7090+0.123%$18.0M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7094+0.185%$181K$256K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7088+0.099%$18.1M$12.8M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7086+0.071%$4.9M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7087+0.085%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7095+0.198%$1.2M$270K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7088+0.099%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7143+0.880%$1.0M$729Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7087+0.086%$59K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7089+0.113%$1K$1.1M20xas long as short
Aevo ETHFI-PERPlong+0.0104%1h0.7081long leg$8K3x
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7165+1.186%$31K$8K50xas long as short
BloFin ETHFI-USDTshort+0.0308%4h0.7097+0.226%$1.3M$292K75x