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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Aevo−0.044%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.044% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.70260.0104pay 0.0013% / 1h50m 08s$8K3x
ShortExtended ETHFI-USD0.70230.0088get 0.0011% / 1h50m 08s$95K$379K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$3.36
Price spread: −0.044% → 0.000%
−$4.42
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$28.78
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: 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 Extended live order book, 2 min ago2.77 bp18.3 bp −$18140.6 bp −$1,406doesn't fitdoesn'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
HTX ETHFI-USDT−0.0949%4h0.7014−0.169%$85K$171K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0603%1h0.7028+0.030%$40K$11K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0305%1h0.7035+0.131%$263K$209K20xas long as short
Orderly PERP_ETHFI_USDC−0.0238%4h0.7029+0.045%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0005%8h0.7031+0.077%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+3.048%$321$51K5.5xas long as short
Variational Omni ETHFI+0.0077%4h0.7045+0.269%$983K$703Kas long as short
Extended ETHFI-USDshort+0.0088%1h0.7023−0.044%$95K$379K10x
MEXC ETHFI_USDT+0.0088%4h0.7027+0.016%$15.9M$4.0M125xas long as short
Binance ETHFIUSDT+0.0088%4h0.7027+0.016%$24.4M$35.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7038+0.168%$1.1M$841K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7033+0.104%$17.5M$7.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7033+0.101%$180K$227K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7033+0.101%$17.6M$12.5M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7038+0.173%$5.1M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7036+0.144%$1.7M$1.9M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7038+0.173%$1.2M$229K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7030+0.059%$6.0M$5.2M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7034+0.116%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7044+0.258%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7032+0.087%$1K$1.1M20xas long as short
Aevo ETHFI-PERPlong+0.0104%1h0.7026long leg$8K3x
BloFin ETHFI-USDT+0.0328%4h0.7041+0.215%$1.2M$244K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0544%1h0.7075+0.699%$31K$6K50xas long as short