ArbiLayer

ETHFI arbitrage

live

Live Ether.fi price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.05%Binance → HTX · Perp–Perp
Best perp–perp spread+0.11%Binance → HTX
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.24%$0.7301 – $0.7318

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.7302HTX logoHTX$0.731 +0.11%-0.05% +0.11%— +0.007%— LS Chart →
Binance logoBinance$0.7302Bybit logoBybit$0.7308 +0.08%-0.08% +0.09%— +0.022%— LS Chart →
Bitget logoBitget$0.7304HTX logoHTX$0.731 +0.08%-0.08% +0.08%— -0.015%— LS Chart →
Binance logoBinance$0.7302Gate logoGate$0.7307 +0.07%-0.09% +0.07%— +0.022%— LS Chart →
MEXC logoMEXC$0.7305HTX logoHTX$0.731 +0.07%-0.09% +0.07%— +0.008%— LS Chart →
Variational logoVariational$0.7305HTX logoHTX$0.731 +0.07%-0.09% +0.07%— -0.015%— LS Chart →
Bitget logoBitget$0.7304Bybit logoBybit$0.7308 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
OKX logoOKX$0.7306HTX logoHTX$0.731 +0.05%-0.11% +0.05%— -0.015%— LS Chart →
Aster logoAster$0.7306HTX logoHTX$0.731 +0.05%-0.11% +0.05%— -0.015%— LS Chart →
Binance logoBinance$0.7302Hyperliquid logoHyperliquid$0.7305 +0.05%-0.11% +0.05%— +0.022%— LS Chart →
Bitget logoBitget$0.7304Gate logoGate$0.7307 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
MEXC logoMEXC$0.7305Bybit logoBybit$0.7308 +0.04%-0.12% +0.04%— +0.023%— LS Chart →
Variational logoVariational$0.7305Bybit logoBybit$0.7308 +0.04%-0.12% +0.04%— +0.000%— LS Chart →
MEXC logoMEXC$0.7305Gate logoGate$0.7307 +0.03%-0.13% +0.03%— +0.023%— LS Chart →
Variational logoVariational$0.7305Gate logoGate$0.7307 +0.03%-0.13% +0.03%— +0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ETHFI price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · ETHFI_USDTPerpetual $0.7307$0.731$0.7309-0.01% +0.030%$25.83M
OKX logoOKXPerpetual · ETHFI-USDT-SWAPPerpetual $0.7303$0.7306$0.7305-0.06% +0.030%$9.47M
Bybit logoBybitPerpetual · ETHFIUSDTPerpetual $0.7308$0.7309$0.7309-0.01% +0.030%$8.89M
MEXC logoMEXCPerpetual · ETHFI_USDTPerpetual $0.7302$0.7305$0.7304-0.07% +0.007%$5.72M
Hyperliquid logoHyperliquidPerpetual · ETHFIPerpetual $0.7305$0.7313$0.7309+0.01% +0.030%$3.46M
Bitget logoBitgetPerpetual · ETHFIUSDTPerpetual $0.73$0.7304$0.7302-0.09% +0.030%$2.72M
OKX logoOKXSpot · ETHFI-USDTSpot $0.731$0.7314$0.7312+0.04% —$1.92M
Variational logoVariationalPerpetual · ETHFIPerpetual $0.7296$0.7305$0.7301-0.11% +0.030%$1.37M
Bybit logoBybitSpot · ETHFIUSDTSpot $0.7312$0.7315$0.7314+0.06% —$899.3K
Gate logoGateSpot · ETHFI_USDTSpot $0.7317$0.7319$0.7318+0.12% —$454.3K
Bitget logoBitgetSpot · ETHFIUSDTSpot $0.7309$0.732$0.7314+0.08% —$415.7K
KuCoin logoKuCoinSpot · ETHFI-USDTSpot $0.7306$0.7313$0.731+0.01% —$274.4K
KuCoin logoKuCoinPerpetual · ETHFIUSDTMPerpetual $0.7298$0.7312$0.7305-0.05% +0.030%$162.7K
HTX logoHTXPerpetual · ETHFI-USDTPerpetual $0.731$0.7322$0.7316+0.10% +0.015%$115.2K
Binance logoBinancePerpetual · ETHFIUSDTPerpetual $0.7301$0.7302$0.7302-0.10% +0.008%—
Aster logoAsterPerpetual · ETHFIUSDTPerpetual $0.7297$0.7306$0.7302-0.10% +0.030%—
Binance logoBinanceSpot · ETHFIUSDTSpot $0.7311$0.7312$0.7312+0.04% ——
MEXC logoMEXCSpot · ETHFIUSDTSpot $0.7311$0.7312$0.7312+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ETHFI arbitrage explained

Right now Ether.fi (ETHFI) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $0.7302 and the highest bid on Gate spot at $0.7317.

The widest ETHFI perpetual spread is between Binance and HTX: long ETHFI on Binance at $0.7302 and short on HTX at $0.731 for +0.11% gross, or -0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.007% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ETHFI route is to buy spot on Binance and short the perpetual on HTX: -0.03% gross, -0.23% net, with +0.015% a day of funding on the short leg.

Spot–spot ETHFI arbitrage (buy on Binance, withdraw, deposit and sell on Gate) shows +0.07% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ETHFI gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ETHFI funding rates · ETHFI spread charts · Ether.fi price · arbitrage scanner for all coins.

Is there a ETHFI arbitrage opportunity right now?

The best ETHFI route right now is to buy on Binance → sell on HTX (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ETHFI?

Binance (perp) has the lowest ETHFI ask at $0.7302, and Gate (spot) the highest bid at $0.7317. Prices update every 15 seconds on this page.

How many exchanges list ETHFI?

ArbiLayer tracks 18 ETHFI markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage ETHFI without transferring coins?

Use two perpetual contracts: go long ETHFI on the cheaper exchange (Binance now) and short it on the more expensive one (HTX), then close both legs when the spread converges. The coins never move between exchanges.

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