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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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.170%
7d average+0.085%if it closes, per $10,000$17funding while held, a day+$1.50
Long on GateShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ETHFI_USDT0.73970.0050pay 0.0025% / 4h2h 00m$1.8M$1.7M75x
ShortHyperliquid ETHFI0.74100.0100get 0.0013% / 1h0m 35s$20.4M$6.4M5x

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
$17.03
Funding while held
$1.5
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$5.47
Spread needed to break even
0.240%
Slippage unknown: Gate: live order book, 4 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0050%
Per $10,000 a day
+$1.50
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 Gate live order book, 4 min ago5.41 bp34.2 bp −$34225.1 bp −$2,251doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ETHFI price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.7379cheapestParadex0.7386+0.099%Extended0.7387+0.111%OKX0.7389+0.136%Binance0.7390+0.147%KuCoin0.7392+0.176%BingX0.7392+0.176%MEXC0.7393+0.190%Bybit0.7395+0.217%Aevo0.7395+0.217%Variational Omni0.7395+0.223%Orderly0.7396+0.230%
Gate0.7397+0.244%
Bitget0.7397+0.244%Aster0.7402+0.311%Deribit0.7402+0.312%SunX0.7403+0.325%Lighter0.7405+0.356%Kraken Futures0.7406+0.368%BloFin0.7407+0.379%
Hyperliquid0.7410+0.415%
Polymarket Perps0.7410+0.419%Injective0.7441+0.840%Coinbase International0.7544+2.236%

ETHFI on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX ETHFI-USDT−0.243%+0.0052%4h$78K$140K20xas long as short
Paradex ETHFI-USD-PERP−0.145%−0.0041%8h$6K—5xas long as short
Extended ETHFI-USD−0.133%+0.0104%1h$102K$474K10xas long as short
OKX ETHFI-USDT-SWAP−0.108%−0.0269%4h$5.0M$12.3M20xas long as short
Binance ETHFIUSDT−0.097%+0.0100%4h$26.6M$34.7M75xas long as short
KuCoin ETHFIUSDTM−0.068%+0.0064%4h$1.1M$267K50xas long as short
BingX ETHFI-USDC−0.068%−0.0285%4h—$1.2M—as long as short
MEXC ETHFI_USDT−0.054%+0.0100%4h$15.5M$3.9M125xas long as short
Bybit ETHFIUSDT−0.027%+0.0100%4h$19.3M$12.4M25xas long as short
Aevo ETHFI-PERP−0.027%+0.0104%1h$9K—3xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ETHFI−0.021%+0.0100%4h$1.1M$794K—as long as short
Orderly PERP_ETHFI_USDC−0.014%−0.0044%4h$17K$4410xas long as short
Gate ETHFI_USDTlong0.000%+0.0050%4h$1.8M$1.7M75x
Bitget ETHFIUSDT0.000%+0.0100%4h$6.5M$5.4M75xas long as short
Aster ETHFIUSDT+0.067%+0.0100%4h$194K$219K10xas long as short
Deribit ETHFI_USDC-PERPETUAL+0.068%−0.0155%1h$46K$16K10xas long as short
SunX ETHFI-USDT+0.081%+0.0100%4h$2K$973K20xas long as short
Lighter ETHFI+0.112%+0.0096%1h$1.3M$517K5xas long as short
Kraken Futures PF_ETHFIUSD+0.123%−0.0410%1h$284K$218K20xas long as short
BloFin ETHFI-USDT+0.135%+0.0340%4h$1.4M$268K75xas long as short
Hyperliquid ETHFIshort+0.170%+0.0100%1h$20.4M$6.4M5x
Polymarket Perps ETHFI-USD+0.174%+0.0100%1h$52K$13K5xas long as short
Injective ETHFI/USDC PERP+0.595%+0.0033%1h$330$56K5.5xas long as short
Coinbase International ETHFI-PERP-INTX+1.987%+0.0184%1h$34K$92K50xas long as short