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−0.0004%/8h= −0.4% APRpaid last 24h −0.017%
Price spread now: OKX against Aevo+0.870%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.870% dearer against Aevo than usual: you sell high and buy low, +$87 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ETHFI-PERP0.70450.0104pay 0.0013% / 1h9m 50s$8K3x
ShortOKX ETHFI-USDT-SWAP0.71060.0100get 0.0050% / 4h1h 09m$5.0M$12.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$0.84
Price spread: +0.870% → 0.000%
$87
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee OKX: 5 bp × 2 orders
−$10
Net
$60.16
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago0.70 bp13.6 bp −$1441.1 bp −$411doesn'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−0.0593%1h0.7111+0.941%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0208%4h0.7111+0.941%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0091%4h0.7114+0.984%$88K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.772%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0079%8h0.7121+1.077%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7119+1.059%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7106+0.867%$17.7M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7113+0.964%$182K$256K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7099+0.771%$24.7M$35.6M75xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7103+0.827%$17.7M$12.6M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETHFI-USDT-SWAPshort+0.0100%4h0.7106+0.870%$5.0M$12.2M20x
Gate ETHFI_USDT+0.0100%4h0.7111+0.941%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7106+0.870%$15.4M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7111+0.941%$1.2M$252K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7099+0.771%$6.1M$5.3M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7100+0.785%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7112+0.957%$1.0M$716Kas long as short
SunX ETHFI-USDT+0.0100%4h0.7130+1.211%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7105+0.859%$97K$379K10xas long as short
Aevo ETHFI-PERPlong+0.0104%1h0.7045long leg$8K3x
Kraken Futures PF_ETHFIUSD+0.0307%1h0.7118+1.041%$265K$212K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7117+1.026%$1.3M$249K75xas long as short
Polymarket Perps ETHFI-USD+0.0423%1h0.7133+1.250%$71K$118K5xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7169+1.764%$31K$6K50xas long as short