ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.50 per $10,000 · paid last 24h +0.004%

Price spread now: BingX against Binance+0.007%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ETHFIUSDT	0.6983	−0.0001	get 0.0000% / 4h	3h 49m	$24.4M	$36.0M	75x
Short	BingX ETHFI-USDT	0.6983	0.0100	get 0.0050% / 4h	3h 49m	—	$10.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $21.18
Price spread: +0.007% → 0.000%: $0.66
Slippage, 4 orders: −$19.69
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$17.85
Costs to cover: 0.397%
Break-even: 12.9 days

Slippage from Binance: live order book, 7 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 7 min ago	0.72 bp	14.7 bp −$15	31.6 bp −$316	190.8 bp −$19.1K	doesn't fit
Sell BingX live order book, 3 min ago	1.43 bp	8.6 bp −$9	12.2 bp −$122	26.4 bp −$2,639	67.1 bp −$33.6K

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ETHFI_USDC-PERPETUAL	−0.0467%	1h	0.6970	−0.180%	$41K	$12K	10x	as long as short
HTX ETHFI-USDT	−0.0344%	4h	0.6969	−0.194%	$83K	$149K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0284%	4h	0.6969	−0.194%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0278%	4h	0.6973	−0.132%	$927K	$795K	—	as long as short
Bybit ETHFIUSDT	−0.0236%	4h	0.6981	−0.022%	$17.1M	$12.9M	25x	as long as short
Paradex ETHFI-USD-PERP	−0.0119%	8h	0.6978	−0.069%	$6K	—	5x	as long as short
Binance ETHFIUSDTlong	−0.0001%	4h	0.6983	long leg	$24.4M	$36.0M	75x
Extended ETHFI-USD	0.0000%	1h	0.6974	−0.121%	$95K	$505K	10x	as long as short
MEXC ETHFI_USDT	0.0000%	4h	0.6980	−0.036%	$15.9M	$4.1M	125x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+3.687%	$321	$51K	5.5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ETHFI-PERP	+0.0080%	1h	0.6965	−0.245%	$8K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.6980	−0.036%	$1.1M	$825K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.6983	+0.009%	$16.7M	$8.6M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.6980	−0.032%	$178K	$224K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.6985	+0.035%	$5.1M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.6986	+0.050%	$1.7M	$1.9M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.6978	−0.065%	$1.2M	$214K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.6981	−0.022%	$6.1M	$4.7M	75x	as long as short
BingX ETHFI-USDTshort	+0.0100%	4h	0.6983	+0.007%	—	$10.7M	—
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.6981	−0.022%	$52K	$149K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.6981	−0.022%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0199%	4h	0.6975	−0.108%	$1.2M	$232K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0336%	1h	0.6990	+0.107%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0865%	1h	0.6986	+0.047%	$292K	$283K	20x	as long as short