Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Extended against Binance−0.025%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.025%, 7d avg −0.042%
=Together, before fees−0.007%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7172 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $25.0M | $36.3M | 75x |
| Short | Extended ETHFI-USD | 0.7170 | 0.0104 | get 0.0013% / 1h | 32m 02s | $98K | $381K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.025% → −0.042%
- $1.65
- Slippage, 4 orders
- −$45.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.79
- Costs to cover
- 0.603%
- Break-even
- 488.6 days
Slippage from Binance: live order book, 10 min ago; Extended: live order book, 35 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 0.70 bp | 12.8 bp −$13 | 33.4 bp −$334 | 192.9 bp −$19.3K | doesn't fit |
| Sell Extended live order book, 35 min ago | 2.08 bp | 16.5 bp −$17 | 151.6 bp −$1,516 | doesn't fit | doesn't fit |
ETHFI on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0267% | 4h | 0.7166 | −0.078% | $88K | $169K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0208% | 4h | 0.7176 | +0.061% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0028% | 1h | 0.7180 | +0.117% | $41K | $13K | 10x | as long as short |
| Variational Omni ETHFI | −0.0002% | 4h | 0.7141 | −0.428% | $1.0M | $713K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.954% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0045% | 8h | 0.7167 | −0.061% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7184 | +0.175% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7181 | +0.132% | $18.1M | $8.4M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7180 | +0.116% | $183K | $258K | 10x | as long as short |
| Binance ETHFIUSDTlong | +0.0100% | 4h | 0.7172 | long leg | $25.0M | $36.3M | 75x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7171 | −0.009% | $18.0M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7176 | +0.061% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7176 | +0.061% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7169 | −0.036% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7171 | −0.009% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7167 | −0.064% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7174 | +0.033% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7190 | +0.256% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7181 | +0.131% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USDshort | +0.0104% | 1h | 0.7170 | −0.025% | $98K | $381K | 10x | |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7175 | +0.047% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7185 | +0.187% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0226% | 1h | 0.7186 | +0.200% | $273K | $180K | 20x | as long as short |
Binance ETHFIUSDT
Extended ETHFI-USD
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD