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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: Bitget against Gate−0.028%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$860.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.028%, 7d avg −0.038%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETHFI_USDT0.72310.0100pay 0.0050% / 4h55m 05s$1.7M$2.0M75x
ShortBitget ETHFIUSDT0.72290.0100get 0.0050% / 4h55m 05s$6.2M$5.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$0
Price spread: −0.028% → −0.038%
$1.01
Slippage, 4 orders
−$58.95
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$84.93
Costs to cover
0.859%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago2.77 bp30.4 bp −$30234.8 bp −$2,348doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.39 bp18.7 bp −$1937.5 bp −$375doesn'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
Deribit ETHFI_USDC-PERPETUAL−0.0441%1h0.7232+0.014%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0324%4h0.7213−0.249%$84K$164K20xas long as short
Orderly PERP_ETHFI_USDC−0.0193%4h0.7228−0.041%$17K$1K10xas long as short
MEXC ETHFI_USDT+0.0028%4h0.7227−0.055%$15.3M$3.8M125xas long as short
Binance ETHFIUSDT+0.0031%4h0.7225−0.084%$25.1M$37.3M75xas long as short
Extended ETHFI-USD+0.0032%1h0.7227−0.054%$93K$493K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.124%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0043%8h0.7224−0.097%$6K5xas long as short
Aster ETHFIUSDT+0.0073%4h0.7229−0.030%$185K$259K10xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7237+0.079%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7236+0.062%$1.1M$896K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7237+0.082%$18.3M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7232+0.014%$18.4M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.72310.000%$5.0M$12.6M20xas long as short
Gate ETHFI_USDTlong+0.0100%4h0.7231long leg$1.7M$2.0M75x
KuCoin ETHFIUSDTM+0.0100%4h0.72310.000%$1.2M$273K50xas long as short
Bitget ETHFIUSDTshort+0.0100%4h0.7229−0.028%$6.2M$5.7M75x
BingX ETHFI-USDC+0.0100%4h0.7230−0.014%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7219−0.173%$1.0M$747Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7231+0.007%$60K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7225−0.083%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0122%4h0.7225−0.083%$1.3M$293K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7228−0.041%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0547%1h0.7236+0.070%$279K$158K20xas long as short