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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0384%/8h= +42.0% APRnext payment +$1.92 per $10,000 · paid last 24h +0.058%
Price spread now: Bitget against Orderly+0.014%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ETHFI_USDC0.6974−0.0284get 0.0142% / 4h3h 57m$16K$1K10x
ShortBitget ETHFIUSDT0.69750.0100get 0.0050% / 4h3h 57m$6.1M$4.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
$80.54
Price spread: +0.014% → 0.000%
$1.43
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
$63.97
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Bitget live order book, 1 min ago2.15 bp21.3 bp −$2141.5 bp −$415doesn't fitdoesn't fit
Orderly: 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 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−0.0323%1h0.6977+0.043%$41K$12K10xas long as short
Orderly PERP_ETHFI_USDClong−0.0284%4h0.6974long leg$16K$1K10x
Variational Omni ETHFI−0.0254%4h0.6963−0.164%$917K$785Kas long as short
Paradex ETHFI-USD-PERP−0.0118%8h0.6971−0.043%$6K5xas long as short
HTX ETHFI-USDT−0.0106%4h0.6963−0.158%$83K$149K20xas long as short
Binance ETHFIUSDT0.0000%4h0.6973−0.013%$24.3M$36.0M75xas long as short
Extended ETHFI-USD0.0000%1h0.6973−0.021%$95K$505K10xas long as short
MEXC ETHFI_USDT0.0000%4h0.6972−0.029%$15.7M$4.1M125xas long as short
Bybit ETHFIUSDT+0.0004%4h0.6973−0.014%$17.1M$12.9M25xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+3.814%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0080%1h0.6973−0.018%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6984+0.149%$1.1M$823K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6981+0.099%$16.7M$8.7M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6972−0.031%$178K$224K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6979+0.072%$5.1M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6977+0.043%$1.7M$1.9M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6971−0.043%$1.2M$215K50xas long as short
Bitget ETHFIUSDTshort+0.0100%4h0.6975+0.014%$6.1M$4.7M75x
BingX ETHFI-USDC+0.0100%4h0.69740.000%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6981+0.100%$52K$149K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6985+0.158%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0240%4h0.69740.000%$1.2M$242K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0336%1h0.6990+0.229%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0865%1h0.6984+0.149%$291K$283K20xas long as short