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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h −0.113%
Price spread now: Kraken Futures against Aevo+0.165%7-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 Kraken Futures is 0.165% dearer against Aevo than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.70500.0104pay 0.0013% / 1h6m 07s$8K3x
ShortKraken Futures PF_ETHFIUSD0.70620.0309get 0.0039% / 1h6m 07s$263K$212K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$43.07
Price spread: +0.165% → 0.000%
$16.48
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$33.55
Costs to cover
0.260%
Break-even
1.5 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 56 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 Kraken Futures live order book, 56 min ago5.58 bp24.5 bp −$24146.8 bp −$1,468doesn'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
Deribit ETHFI_USDC-PERPETUAL−0.0458%1h0.7054+0.057%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0208%4h0.7051+0.014%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0057%4h0.7045−0.071%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.695%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0072%8h0.7063+0.189%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7064+0.193%$1.1M$890K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7064+0.200%$17.6M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7056+0.085%$180K$256K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7056+0.081%$24.6M$35.7M75xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7056+0.085%$17.6M$12.6M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETHFI-USDT-SWAP+0.0100%4h0.7061+0.156%$4.9M$12.2M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7060+0.142%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7057+0.099%$15.7M$4.1M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7052+0.028%$1.2M$251K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7055+0.071%$6.1M$5.3M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7059+0.128%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7053+0.044%$1.0M$716Kas long as short
SunX ETHFI-USDT+0.0100%4h0.7061+0.156%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7048−0.030%$96K$379K10xas long as short
Aevo ETHFI-PERPlong+0.0104%1h0.7050long leg$8K3x
Kraken Futures PF_ETHFIUSDshort+0.0309%1h0.7062+0.165%$263K$212K20x
BloFin ETHFI-USDT+0.0340%4h0.7088+0.539%$1.2M$248K75xas long as short
Polymarket Perps ETHFI-USD+0.0383%1h0.7070+0.285%$70K$118K5xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7058+0.113%$31K$6K50xas long as short