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)−0.176%
7d average−0.123%if it closes, per $10,000$18funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ETHFI0.73990.0100pay 0.0013% / 1h10m 04s$20.2M$6.8M5x
ShortBitget ETHFIUSDT0.73860.0100get 0.0050% / 4h1h 10m$6.5M$5.5M75x

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
−$17.57
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$38.57
Spread needed to break even
0.210%
Slippage unknown: Hyperliquid: live order book, 4 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Hyperliquid live order book, 4 min ago1.90 bp12.1 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.36 bp18.4 bp −$1843.2 bp −$432doesn't fitdoesn't fit

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−0.365%−0.0050%4h$78K$141K20xas long as short
BloFin ETHFI-USDT−0.270%+0.0340%4h$1.4M$272K75xas long as short
Paradex ETHFI-USD-PERP−0.252%−0.0033%8h$6K5xas long as short
Variational Omni ETHFI−0.231%+0.0100%4h$1.1M$811Kas long as short
Aevo ETHFI-PERP−0.224%+0.0104%1h$9K3xas long as short
KuCoin ETHFIUSDTM−0.216%+0.0100%4h$1.2M$298K50xas long as short
Extended ETHFI-USD−0.192%+0.0104%1h$99K$477K10xas long as short
Gate ETHFI_USDT−0.189%+0.0092%4h$1.8M$1.9M75xas long as short
MEXC ETHFI_USDT−0.189%+0.0100%4h$15.6M$3.8M125xas long as short
Orderly PERP_ETHFI_USDC−0.189%−0.0072%4h$17K$6610xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ETHFIUSDTshort−0.176%+0.0100%4h$6.5M$5.5M75x
BingX ETHFI-USDT−0.176%+0.0100%4h$26.1Mas long as short
Binance ETHFIUSDT−0.162%+0.0100%4h$26.2M$35.4M75xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.162%−0.0426%1h$47K$18K10xas long as short
OKX ETHFI-USDT-SWAP−0.149%−0.0218%4h$5.0M$12.5M20xas long as short
Aster ETHFIUSDT−0.110%+0.0100%4h$194K$234K10xas long as short
SunX ETHFI-USDT−0.108%+0.0100%4h$2K$992K20xas long as short
Bybit ETHFIUSDT−0.095%+0.0100%4h$19.4M$12.6M25xas long as short
Kraken Futures PF_ETHFIUSD−0.080%−0.0510%1h$285K$216K20xas long as short
Coinbase International ETHFI-PERP-INTX−0.068%+0.0208%1h$33K$90K50xas long as short
Lighter ETHFI−0.016%+0.0096%1h$1.3M$537K5xas long as short
Hyperliquid ETHFIlong0.000%+0.0100%1h$20.2M$6.8M5x
Polymarket Perps ETHFI-USD+0.135%+0.0100%1h$57K$31K5xas long as short
Injective ETHFI/USDC PERP+0.568%+0.0033%1h$330$56K5.5xas long as short