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-0.13%Binance → Aster · Perp–Perp
Best perp–perp spread+0.03%Binance → Aster
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.22%$0.7142 – $0.7157

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$0.7155Aster logoAster$0.715 -0.07%-0.27% -0.07%— -0.021%— LS Chart →
Bybit logoBybitspot$0.7155Hyperliquid logoHyperliquid$0.7149 -0.08%-0.28% -0.08%— +0.030%+1.29% LS Chart →
Bybit logoBybitspot$0.7155MEXC logoMEXC$0.7149 -0.08%-0.28% -0.08%— -0.002%— LS Chart →
Binance logoBinancespot$0.7157Aster logoAster$0.715 -0.10%-0.30% -0.10%— -0.021%— LS Chart →
Bitget logoBitgetspot$0.7157Aster logoAster$0.715 -0.10%-0.30% -0.10%— -0.021%— LS Chart →
MEXC logoMEXCspot$0.7157Aster logoAster$0.715 -0.10%-0.30% -0.10%— -0.021%— LS Chart →
Bybit logoBybitspot$0.7155Gate logoGate$0.7148 -0.10%-0.30% -0.09%— +0.030%+0.53% LS Chart →
Binance logoBinancespot$0.7157Hyperliquid logoHyperliquid$0.7149 -0.11%-0.31% -0.11%— +0.030%+1.29% LS Chart →
Bitget logoBitgetspot$0.7157Hyperliquid logoHyperliquid$0.7149 -0.11%-0.31% -0.11%— +0.030%+1.29% LS Chart →
MEXC logoMEXCspot$0.7157Hyperliquid logoHyperliquid$0.7149 -0.11%-0.31% -0.11%— +0.030%+1.29% LS Chart →
OKX logoOKXspot$0.7158Aster logoAster$0.715 -0.11%-0.31% -0.12%— -0.021%— LS Chart →
Gate logoGatespot$0.7158Aster logoAster$0.715 -0.11%-0.31% -0.12%— -0.021%— LS Chart →
Binance logoBinancespot$0.7157MEXC logoMEXC$0.7149 -0.11%-0.31% -0.11%— -0.002%— LS Chart →
Bitget logoBitgetspot$0.7157MEXC logoMEXC$0.7149 -0.11%-0.31% -0.11%— -0.002%— LS Chart →
MEXC logoMEXCspot$0.7157MEXC logoMEXC$0.7149 -0.11%-0.31% -0.11%— -0.002%— 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 $0.7148$0.7153$0.71510.00% +0.030%$31.10M
Bybit logoBybitPerpetual · ETHFIUSDTPerpetual $0.7147$0.7148$0.7148-0.04% +0.007%$15.47M
OKX logoOKXPerpetual · ETHFI-USDT-SWAPPerpetual $0.7147$0.7149$0.7148-0.03% -0.013%$13.04M
MEXC logoMEXCPerpetual · ETHFI_USDTPerpetual $0.7149$0.715$0.715-0.01% -0.002%$10.22M
Hyperliquid logoHyperliquidPerpetual · ETHFIPerpetual $0.7149$0.7157$0.7153+0.04% +0.030%$5.84M
Bitget logoBitgetPerpetual · ETHFIUSDTPerpetual $0.7147$0.7149$0.7148-0.03% +0.030%$4.08M
OKX logoOKXSpot · ETHFI-USDTSpot $0.7156$0.7158$0.7157+0.09% —$4.02M
Variational logoVariationalPerpetual · ETHFIPerpetual $0.7135$0.7148$0.7142-0.13% -0.009%$1.91M
Bybit logoBybitSpot · ETHFIUSDTSpot $0.715$0.7155$0.7152+0.03% —$1.59M
KuCoin logoKuCoinSpot · ETHFI-USDTSpot $0.7146$0.7159$0.7152+0.03% —$1.20M
Bitget logoBitgetSpot · ETHFIUSDTSpot $0.7154$0.7157$0.7156+0.07% —$699.2K
KuCoin logoKuCoinPerpetual · ETHFIUSDTMPerpetual $0.714$0.7153$0.7147-0.06% +0.030%$485.1K
Gate logoGateSpot · ETHFI_USDTSpot $0.7154$0.7158$0.7156+0.08% —$479.9K
HTX logoHTXPerpetual · ETHFI-USDTPerpetual $0.7131$0.7165$0.7148-0.03% +0.015%$46.4K
Binance logoBinancePerpetual · ETHFIUSDTPerpetual $0.7147$0.7148$0.7148-0.04% -0.001%—
Aster logoAsterPerpetual · ETHFIUSDTPerpetual $0.715$0.7151$0.71510.00% -0.021%—
Binance logoBinanceSpot · ETHFIUSDTSpot $0.7154$0.7157$0.7156+0.07% ——
MEXC logoMEXCSpot · ETHFIUSDTSpot $0.7154$0.7157$0.7156+0.07% ——
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 Bybit perp at $0.7148 and the highest bid on OKX spot at $0.7156.

The widest ETHFI perpetual spread is between Binance and Aster: long ETHFI on Binance at $0.7148 and short on Aster at $0.715 for +0.03% gross, or -0.13% 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 -0.019% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ETHFI route is to buy spot on Bybit and short the perpetual on Aster: -0.07% gross, -0.27% net, with -0.021% a day of funding on the short leg.

Spot–spot ETHFI arbitrage (buy on Bybit, withdraw, deposit and sell on OKX) shows +0.01% 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 Aster (Perp–Perp): +0.03% gross and -0.13% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ETHFI?

Bybit (perp) has the lowest ETHFI ask at $0.7148, and OKX (spot) the highest bid at $0.7156. 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 (Aster), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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