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−$29
spread now+0.402%7d average+0.130%fees + slippage, in and out−$56spread needed0.562%
Long on BitgetShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHFIUSDT0.73050.0100pay 0.0050% / 4h3h 27m$6.3M$5.7M75x
ShortLighter ETHFI0.73340.0256get 0.0032% / 1h27m 05s$1.3M$557K5x

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
$40.25
Funding while held
$4.68
Slippage, 4 orders
−$44.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$11.29
Spread needed to break even
0.562%
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 10 min ago.

Cost of waiting

funding view
Funding /8h
+0.0156%
Per $10,000 a day
+$4.68
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 Bitget live order book, 3 min ago1.37 bp16.6 bp −$1734.7 bp −$347doesn't fitdoesn't fit
Sell Lighter live order book, 10 min ago4.42 bp9.8 bp −$1068.5 bp −$685doesn't fitdoesn't fit

ETHFI price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.7293cheapestBinance0.7299+0.078%Bybit0.7300+0.096%OKX0.7301+0.110%
Bitget0.7305+0.165%
BingX0.7309+0.219%Variational Omni0.7310+0.232%Gate0.7313+0.274%MEXC0.7315+0.302%KuCoin0.7316+0.315%BloFin0.7316+0.315%Extended0.7316+0.316%Orderly0.7318+0.343%Aevo0.7320+0.370%Deribit0.7320+0.370%Paradex0.7320+0.376%Aster0.7324+0.425%SunX0.7325+0.439%Kraken Futures0.7330+0.514%
Lighter0.7334+0.568%
Hyperliquid0.7336+0.584%Coinbase International0.7339+0.631%Polymarket Perps0.7339+0.638%Injective0.7441+2.029%

ETHFI on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX ETHFI-USDT−0.164%−0.0139%4h$84K$160K20xas long as short
Binance ETHFIUSDT−0.087%+0.0100%4h$25.8M$36.1M75xas long as short
Bybit ETHFIUSDT−0.068%+0.0100%4h$18.9M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP−0.055%+0.0013%4h$5.0M$12.2M20xas long as short
Bitget ETHFIUSDTlong0.000%+0.0100%4h$6.3M$5.7M75x
BingX ETHFI-USDT+0.055%+0.0100%4h—$26.0M—as long as short
Variational Omni ETHFI+0.067%+0.0100%4h$1.1M$842K—as long as short
Gate ETHFI_USDT+0.110%+0.0100%4h$1.8M$2.0M75xas long as short
MEXC ETHFI_USDT+0.137%+0.0100%4h$15.7M$4.0M125xas long as short
KuCoin ETHFIUSDTM+0.151%+0.0100%4h$1.2M$274K50xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin ETHFI-USDT+0.151%+0.0340%4h$1.4M$293K75xas long as short
Extended ETHFI-USD+0.152%+0.0104%1h$109K$488K10xas long as short
Orderly PERP_ETHFI_USDC+0.178%−0.0115%4h$17K$1K10xas long as short
Aevo ETHFI-PERP+0.205%+0.0104%1h$9K—3xas long as short
Deribit ETHFI_USDC-PERPETUAL+0.205%−0.0023%1h$45K$18K10xas long as short
Paradex ETHFI-USD-PERP+0.211%+0.0020%8h$6K—5xas long as short
Aster ETHFIUSDT+0.260%+0.0100%4h$187K$251K10xas long as short
SunX ETHFI-USDT+0.274%+0.0100%4h$1K$1.0M20xas long as short
Kraken Futures PF_ETHFIUSD+0.349%−0.0287%1h$283K$183K20xas long as short
Lighter ETHFIshort+0.402%+0.0256%1h$1.3M$557K5x
Hyperliquid ETHFI+0.419%+0.0497%1h$20.4M$7.3M5xas long as short
Coinbase International ETHFI-PERP-INTX+0.465%+0.0288%1h$32K$55K50xas long as short
Polymarket Perps ETHFI-USD+0.472%+0.0100%1h$48K$52K5xas long as short
Injective ETHFI/USDC PERP+1.862%+0.0033%1h$330$56K5.5xas long as short