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

ETHFI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against SunX−0.172%7-day average −0.004% · you buy dearer than you sell
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 7 days−0.087%−$9 on $10k
Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.172%, 7d avg −0.004%
Together, before fees+0.162%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.168% cheaper against SunX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETHFI-USDT0.69790.0100pay 0.0050% / 4h3h 57m$1K$1.1M20x
ShortGate ETHFI_USDT0.69670.0100get 0.0050% / 4h3h 57m$1.7M$1.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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: −0.172% → −0.004%
−$16.76
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$39.76
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Gate: live order book, 5 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 SunX live order book, 5 min ago501.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.88 bp22.4 bp −$22162.5 bp −$1,625doesn'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
Orderly PERP_ETHFI_USDC−0.0283%4h0.6965−0.201%$16K$1K10xas long as short
Variational Omni ETHFI−0.0254%4h0.6963−0.236%$917K$785Kas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0180%1h0.6969−0.143%$41K$12K10xas long as short
Paradex ETHFI-USD-PERP−0.0119%8h0.6967−0.172%$6K5xas long as short
HTX ETHFI-USDT−0.0101%4h0.6960−0.272%$83K$149K20xas long as short
Bybit ETHFIUSDT−0.0063%4h0.6961−0.258%$17.1M$12.9M25xas long as short
Binance ETHFIUSDT0.0000%4h0.6960−0.272%$24.3M$36.0M75xas long as short
Extended ETHFI-USD0.0000%1h0.6962−0.242%$95K$505K10xas long as short
MEXC ETHFI_USDT0.0000%4h0.6961−0.258%$15.7M$4.1M125xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+3.740%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0080%1h0.6965−0.201%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6971−0.113%$1.1M$823K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6969−0.140%$16.7M$8.7M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6970−0.134%$178K$224K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6970−0.129%$5.1M$12.6M20xas long as short
Gate ETHFI_USDTshort+0.0100%4h0.6967−0.172%$1.7M$1.9M75x
KuCoin ETHFIUSDTM+0.0100%4h0.6965−0.201%$1.2M$215K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6965−0.201%$6.1M$4.7M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.6963−0.229%$10.8Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6978−0.014%$52K$149K5xas long as short
SunX ETHFI-USDTlong+0.0100%4h0.6979long leg$1K$1.1M20x
BloFin ETHFI-USDT+0.0239%4h0.6950−0.416%$1.2M$241K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0336%1h0.6990+0.158%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0866%1h0.6980+0.020%$291K$283K20xas long as short