data as of
Settings8H · net · $10k
Price arb /

ETHFI

all ETHFI markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.235%
7d averageif it closes, per $10,000$24funding while held, a day−$22.19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ETHFI-PERP-INTX0.72230.0336pay 0.0042% / 1h54m 43s$32K$8K50x
ShortInjective ETHFI/USDC PERP0.7240−0.0404pay 0.0050% / 1h54m 43s$321$51K5.5x

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
$23.54
Funding while held
−$22.19
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$8.67
Spread needed to break even
0.100%
Slippage unknown: Coinbase International: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0740%
Per $10,000 a day
$22.19
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 Coinbase International no order-book sample
Sell Injective no order-book sample
Coinbase International and Injective: 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 price on every exchange

against the cheapest. Click to use as the short leg.

ETHFI on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX ETHFI-USDT−0.235%−0.0045%4h$84K$152K20xas long as short
KuCoin ETHFIUSDTM−0.222%+0.0100%4h$1.2M$263K50xas long as short
Bitget ETHFIUSDT−0.222%−0.0038%4h$6.2M$5.5M75xas long as short
BloFin ETHFI-USDT−0.222%+0.0340%4h$1.3M$296K75xas long as short
Extended ETHFI-USD−0.203%+0.0104%1h$103K$490K10xas long as short
Binance ETHFIUSDT−0.201%+0.0100%4h$25.4M$35.1M75xas long as short
Lighter ETHFI−0.199%+0.0096%1h$1.1M$887K5xas long as short
MEXC ETHFI_USDT−0.194%+0.0100%4h$15.2M$3.6M125xas long as short
Paradex ETHFI-USD-PERP−0.180%−0.0044%8h$6K5xas long as short
Bybit ETHFIUSDT−0.180%−0.0032%4h$18.6M$12.3M25xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate ETHFI_USDT−0.180%+0.0100%4h$1.7M$2.0M75xas long as short
BingX ETHFI-USDC−0.180%+0.0100%4h$1.2Mas long as short
Aster ETHFIUSDT−0.166%+0.0100%4h$182K$238K10xas long as short
OKX ETHFI-USDT-SWAP−0.166%+0.0100%4h$4.9M$12.1M20xas long as short
SunX ETHFI-USDT−0.166%+0.0100%4h$1K$1.0M20xas long as short
Aevo ETHFI-PERP−0.165%+0.0104%1h$9K3xas long as short
Orderly PERP_ETHFI_USDC−0.125%−0.0135%4h$16K$1K10xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.083%−0.0166%1h$44K$18K10xas long as short
Hyperliquid ETHFI−0.061%+0.0100%1h$19.6M$7.4M5xas long as short
Polymarket Perps ETHFI-USD−0.043%+0.0100%1h$49K$55K5xas long as short
Coinbase International ETHFI-PERP-INTXlong0.000%+0.0336%1h$32K$8K50x
Kraken Futures PF_ETHFIUSD+0.006%−0.0395%1h$281K$171K20xas long as short
Variational Omni ETHFI+0.098%−0.0117%4h$1.1M$752Kas long as short
Injective ETHFI/USDC PERPshort+0.235%−0.0404%1h$321$51K5.5x