data as of
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Price arb /

ETHFI

all ETHFI markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$72
spread now−0.114%7d average+0.151%fees + slippage, in and out−$45spread needed0.451%
Long on BinanceShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.72610.0100pay 0.0050% / 4h6m 18s$25.6M$36.7M75x
ShortLighter ETHFI0.72530.0096get 0.0012% / 1h6m 18s$1.3M$577K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$11.43
Funding while held
−$0.12
Slippage, 4 orders
−$35.08
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$56.63
Spread needed to break even
0.451%
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
−$0.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago0.69 bp11.6 bp −$1229.9 bp −$299171.4 bp −$17.1Kdoesn't fit
Sell Lighter live order book, 1 min ago5.79 bp9.2 bp −$968.8 bp −$688doesn't fitdoesn't fit

ETHFI price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.7232cheapestBloFin0.7233+0.014%Variational Omni0.7238+0.085%Paradex0.7241+0.125%Aster0.7245+0.174%Aevo0.7252+0.271%
Lighter0.7253+0.286%
Bitget0.7255+0.318%Bybit0.7256+0.332%KuCoin0.7257+0.346%Extended0.7258+0.353%Gate0.7258+0.360%MEXC0.7258+0.360%Orderly0.7258+0.360%Deribit0.7258+0.360%OKX0.7259+0.373%BingX0.7260+0.387%
Binance0.7261+0.401%
Polymarket Perps0.7264+0.437%SunX0.7268+0.498%Kraken Futures0.7269+0.513%Hyperliquid0.7276+0.613%Coinbase International0.7291+0.816%Injective0.7441+2.890%

ETHFI on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX ETHFI-USDT−0.399%−0.0047%4h$84K$160K20xas long as short
BloFin ETHFI-USDT−0.386%+0.0340%4h$1.4M$274K75xas long as short
Variational Omni ETHFI−0.314%+0.0100%4h$1.1M$892K—as long as short
Paradex ETHFI-USD-PERP−0.275%−0.0038%8h$6K—5xas long as short
Aster ETHFIUSDT−0.226%+0.0100%4h$185K$250K10xas long as short
Aevo ETHFI-PERP−0.130%+0.0104%1h$9K—3xas long as short
Lighter ETHFIshort−0.114%+0.0096%1h$1.3M$577K5x
Bitget ETHFIUSDT−0.083%+0.0100%4h$6.2M$5.8M75xas long as short
Bybit ETHFIUSDT−0.069%+0.0100%4h$18.8M$13.2M25xas long as short
KuCoin ETHFIUSDTM−0.055%+0.0100%4h$1.2M$275K50xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ETHFI-USD−0.048%+0.0104%1h$97K$479K10xas long as short
Gate ETHFI_USDT−0.041%+0.0044%4h$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT−0.041%+0.0100%4h$16.1M$4.1M125xas long as short
Orderly PERP_ETHFI_USDC−0.041%−0.0099%4h$17K$6610xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.041%−0.0163%1h$46K$17K10xas long as short
OKX ETHFI-USDT-SWAP−0.028%−0.0137%4h$4.9M$12.4M20xas long as short
BingX ETHFI-USDT−0.014%+0.0100%4h—$26.1M—as long as short
Binance ETHFIUSDTlong0.000%+0.0100%4h$25.6M$36.7M75x
Polymarket Perps ETHFI-USD+0.036%+0.0100%1h$47K$52K5xas long as short
SunX ETHFI-USDT+0.096%+0.0100%4h$1K$1.0M20xas long as short
Kraken Futures PF_ETHFIUSD+0.112%−0.0028%1h$279K$191K20xas long as short
Hyperliquid ETHFI+0.211%+0.0100%1h$19.7M$7.0M5xas long as short
Coinbase International ETHFI-PERP-INTX+0.413%+0.0184%1h$32K$58K50xas long as short
Injective ETHFI/USDC PERP+2.479%+0.0033%1h$330$56K5.5xas long as short