ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.057%

Price spread now: Orderly against Binance+0.042%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.042% dearer against Binance than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ETHFIUSDT	0.7195	0.0025	pay 0.0013% / 4h	3h 42m	$25.1M	$37.4M	75x
Short	Orderly PERP_ETHFI_USDC	0.7198	−0.0197	pay 0.0098% / 4h	3h 42m	$16K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now +0.042%Rate

Funding earned: −$46.62
Price spread: +0.042% → 0.000%: $4.17
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$58.45
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 14 min ago	0.70 bp	13.1 bp −$13	28.5 bp −$285	206.8 bp −$20.7K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ETHFI-USDT	−0.0638%	4h	0.7164	−0.431%	$83K	$165K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0305%	1h	0.7199	+0.056%	$41K	$14K	10x	as long as short
Orderly PERP_ETHFI_USDCshort	−0.0197%	4h	0.7198	+0.042%	$16K	$1K	10x
Bybit ETHFIUSDT	−0.0177%	4h	0.7196	+0.014%	$18.2M	$13.1M	25x	as long as short
Variational Omni ETHFI	−0.0048%	4h	0.7168	−0.370%	$1.0M	$744K	—	as long as short
Paradex ETHFI-USD-PERP	−0.0038%	8h	0.7195	−0.006%	$6K	—	5x	as long as short
MEXC ETHFI_USDT	+0.0022%	4h	0.7195	0.000%	$15.4M	$3.8M	125x	as long as short
Extended ETHFI-USD	+0.0024%	1h	0.7193	−0.027%	$102K	$587K	10x	as long as short
Binance ETHFIUSDTlong	+0.0025%	4h	0.7195	long leg	$25.1M	$37.4M	75x
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.625%	$321	$51K	5.5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ETHFI-PERP	+0.0088%	1h	0.7195	0.000%	$9K	—	3x	as long as short
BloFin ETHFI-USDT	+0.0088%	4h	0.7191	−0.056%	$1.3M	$277K	75x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7206	+0.147%	$1.1M	$894K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7203	+0.114%	$18.1M	$9.1M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7201	+0.089%	$184K	$258K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7201	+0.083%	$5.0M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7200	+0.069%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7200	+0.069%	$1.2M	$269K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7194	−0.014%	$6.1M	$5.7M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7197	+0.028%	—	$26.1M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7199	+0.061%	$60K	$94K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7207	+0.167%	$2K	$1.1M	20x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0168%	1h	0.7237	+0.584%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0219%	1h	0.7202	+0.098%	$273K	$165K	20x	as long as short