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

ETHFI

all ETHFI markets
SwapFunding view
Alert
My alerts

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−$147
spread now−0.269%7d average−0.144%fees + slippage, in and out−$135spread needed1.347%
Long on Kraken FuturesShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ETHFIUSD0.7316−0.0288get 0.0036% / 1h55m 56s$281K$192K20x
ShortExtended ETHFI-USD0.72960.0104get 0.0013% / 1h55m 56s$97K$479K10x

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
−$26.85
Funding while held
$11.75
Slippage, 4 orders
−$119.67
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$149.77
Spread needed to break even
1.347%
Slippage from Kraken Futures: live order book, 53 min ago; Extended: live order book, 53 min ago.

Cost of waiting

funding view
Funding /8h
+0.0392%
Per $10,000 a day
+$11.75
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 Kraken Futures live order book, 53 min ago35.00 bp48.7 bp −$49182.9 bp −$1,829doesn't fitdoesn't fit
Sell Extended live order book, 53 min ago2.42 bp17.5 bp −$18142.2 bp −$1,422doesn't fitdoesn't fit

ETHFI price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.7261cheapestBloFin0.7279+0.254%HTX0.7288+0.378%BingX0.7290+0.406%Binance0.7291+0.414%Bybit0.7292+0.433%OKX0.7294+0.461%
Extended0.7296+0.491%
Gate0.7297+0.502%Paradex0.7299+0.525%MEXC0.7299+0.530%KuCoin0.7299+0.530%Coinbase International0.7300+0.544%Bitget0.7303+0.585%Orderly0.7305+0.612%Aevo0.7310+0.681%Aster0.7310+0.687%Deribit0.7312+0.709%SunX0.7315+0.750%
Kraken Futures0.7316+0.762%
Polymarket Perps0.7316+0.764%Hyperliquid0.7318+0.785%Lighter0.7319+0.809%Injective0.7441+2.486%

ETHFI on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ETHFI−0.756%+0.0100%4h$1.1M$857K—as long as short
BloFin ETHFI-USDT−0.503%+0.0340%4h$1.4M$275K75xas long as short
HTX ETHFI-USDT−0.380%−0.0795%4h$84K$160K20xas long as short
BingX ETHFI-USDC−0.353%+0.0100%4h—$1.2M—as long as short
Binance ETHFIUSDT−0.345%+0.0100%4h$25.8M$36.9M75xas long as short
Bybit ETHFIUSDT−0.326%+0.0100%4h$19.0M$13.3M25xas long as short
OKX ETHFI-USDT-SWAP−0.298%−0.0109%4h$4.9M$12.4M20xas long as short
Extended ETHFI-USDshort−0.269%+0.0104%1h$97K$479K10x
Gate ETHFI_USDT−0.257%+0.0100%4h$1.8M$1.9M75xas long as short
Paradex ETHFI-USD-PERP−0.235%−0.0020%8h$6K—5xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC ETHFI_USDT−0.230%+0.0100%4h$15.9M$4.0M125xas long as short
KuCoin ETHFIUSDTM−0.230%+0.0100%4h$1.2M$274K50xas long as short
Coinbase International ETHFI-PERP-INTX−0.216%+0.0288%1h$32K$59K50xas long as short
Bitget ETHFIUSDT−0.175%+0.0100%4h$6.3M$5.7M75xas long as short
Orderly PERP_ETHFI_USDC−0.148%−0.0102%4h$17K$1K10xas long as short
Aevo ETHFI-PERP−0.080%+0.0104%1h$9K—3xas long as short
Aster ETHFIUSDT−0.074%+0.0100%4h$187K$251K10xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.052%−0.0023%1h$46K$17K10xas long as short
SunX ETHFI-USDT−0.011%+0.0100%4h$1K$1.0M20xas long as short
Kraken Futures PF_ETHFIUSDlong0.000%−0.0288%1h$281K$192K20x
Polymarket Perps ETHFI-USD+0.002%+0.0100%1h$48K$52K5xas long as short
Hyperliquid ETHFI+0.023%+0.0436%1h$20.0M$7.2M5xas long as short
Lighter ETHFI+0.047%+0.0096%1h$1.3M$552K5xas long as short
Injective ETHFI/USDC PERP+1.711%+0.0033%1h$330$56K5.5xas long as short