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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.011%
Price spread now: Aevo against Variational Omni+0.288%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.288% dearer against Variational Omni than usual: you sell high and buy low, +$29 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ETHFI0.71150.0100pay 0.0050% / 4h2h 24m$1.0M$718K
ShortAevo ETHFI-PERP0.71350.0104get 0.0013% / 1h24m 47s$9K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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
$0.84
Price spread: +0.288% → 0.000%
$28.8
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
$13.64
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aevo: no order-book sample. 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 Variational Omni RFQ quote, 4 min ago4.20 bpdoesn't fit44.8 bp −$448doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0450%1h0.7142+0.383%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0214%1h0.7140+0.361%$275K$137K20xas long as short
Orderly PERP_ETHFI_USDC−0.0165%4h0.7138+0.327%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0079%4h0.7122+0.102%$83K$165K20xas long as short
Paradex ETHFI-USD-PERP+0.0028%8h0.7143+0.403%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.760%$321$51K5.5xas long as short
Bitget ETHFIUSDT+0.0036%4h0.7136+0.299%$6.1M$5.6M75xas long as short
MEXC ETHFI_USDT+0.0086%4h0.7140+0.355%$15.2M$3.8M125xas long as short
Extended ETHFI-USD+0.0088%1h0.7146+0.440%$92K$495K10xas long as short
Binance ETHFIUSDT+0.0088%4h0.7140+0.359%$24.9M$36.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7148+0.462%$1.1M$909K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7147+0.450%$18.3M$8.8M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7148+0.467%$182K$255K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7147+0.453%$18.3M$12.7M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7141+0.369%$4.9M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7147+0.453%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7140+0.355%$1.2M$270K50xas long as short
BingX ETHFI-USDC+0.0100%4h0.7142+0.383%$1.2Mas long as short
Variational Omni ETHFIlong+0.0100%4h0.7115long leg$1.0M$718K
Polymarket Perps ETHFI-USD+0.0100%1h0.7137+0.316%$60K$85K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7143+0.397%$2K$1.1M20xas long as short
Aevo ETHFI-PERPshort+0.0104%1h0.7135+0.288%$9K3x
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7147+0.453%$31K$8K50xas long as short
BloFin ETHFI-USDT+0.0326%4h0.7129+0.200%$1.3M$296K75xas long as short