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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.004%
Price spread now: SunX against Binance+0.138%7-day average +0.057% · 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 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)−0.162%−$16 · spread now +0.138%, 7d avg +0.057%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.081% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71750.0037pay 0.0019% / 4h3h 34m$25.1M$37.0M75x
ShortSunX ETHFI-USDT0.71850.0100get 0.0050% / 4h3h 34m$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$13.15
Price spread: +0.138% → +0.057%
$8.1
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$3.25
Costs to cover
0.180%
Break-even
5.3 days
Slippage unknown: Binance: live order book, 7 min ago; SunX: live order book, 9 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 Binance live order book, 7 min ago0.69 bp16.3 bp −$1633.1 bp −$331207.4 bp −$20.7Kdoesn't fit
Sell SunX live order book, 9 min ago500.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0899%4h0.7162−0.182%$83K$159K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0446%1h0.7179+0.055%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0199%4h0.7175−0.001%$16K$1K10xas long as short
Variational Omni ETHFI−0.0055%4h0.7179+0.060%$1.0M$734Kas long as short
Paradex ETHFI-USD-PERP−0.0038%8h0.7173−0.035%$6K5xas long as short
Bybit ETHFIUSDT0.0000%4h0.7177+0.027%$18.2M$12.9M25xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.905%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0034%4h0.7175−0.001%$15.3M$3.8M125xas long as short
Binance ETHFIUSDTlong+0.0037%4h0.7175long leg$25.1M$37.0M75x
Extended ETHFI-USD+0.0040%1h0.7174−0.021%$98K$564K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7175−0.001%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7187+0.163%$1.1M$894K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7184+0.127%$18.0M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7174−0.013%$183K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7186+0.152%$5.0M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7180+0.069%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7177+0.027%$1.2M$268K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7174−0.015%$6.1M$5.6M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7177+0.027%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7177+0.027%$71K$116K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7185+0.138%$1K$1.1M20x
BloFin ETHFI-USDT+0.0138%4h0.7173−0.029%$1.3M$273K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+0.863%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0220%1h0.7186+0.149%$273K$164K20xas long as short