Funding you earn now, next payment 22:00 UTC−0.1068%/8h= −116.9% APRpaid last 24h −0.217%
Price spread now: Deribit against BloFin−0.042%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Deribit is 0.042% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.7145 | 0.0338 | pay 0.0169% / 4h | 2h 34m | $1.3M | $292K | 75x |
| Short | Deribit ETHFI_USDC-PERPETUAL | 0.7142 | −0.0729 | pay 0.0091% / 1h | 34m 05s | $42K | $18K | 10x |
BloFin ETHFI-USDT
Deribit ETHFI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- −$224.2
- Price spread: −0.042% → 0.000%
- −$4.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$247.4
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; Deribit: 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 BloFin live order book, 3 min ago | 0.70 bp | 13.2 bp −$13 | 31.3 bp −$313 | 98.8 bp −$9,883 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUALshort | −0.0729% | 1h | 0.7142 | −0.042% | $42K | $18K | 10x | |
| Kraken Futures PF_ETHFIUSD | −0.0214% | 1h | 0.7150 | +0.066% | $278K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0155% | 4h | 0.7139 | −0.084% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0030% | 4h | 0.7125 | −0.280% | $83K | $164K | 20x | as long as short |
| Bitget ETHFIUSDT | +0.0022% | 4h | 0.7132 | −0.182% | $6.1M | $5.5M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.330% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0040% | 8h | 0.7144 | −0.016% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0093% | 4h | 0.7160 | +0.213% | $1.0M | $718K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7140 | −0.074% | $1.1M | $890K | 5x | as long as short |
| Extended ETHFI-USD | +0.0096% | 1h | 0.7134 | −0.152% | $100K | $488K | 10x | as long as short |
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Bitget ETHFIUSDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHFIUSDT | +0.0097% | 4h | 0.7131 | −0.196% | $25.1M | $35.9M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0098% | 4h | 0.7135 | −0.140% | $15.3M | $3.7M | 125x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7138 | −0.091% | $19.0M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7139 | −0.084% | $182K | $249K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7138 | −0.098% | $18.3M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7138 | −0.098% | $4.9M | $11.9M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7141 | −0.056% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7147 | +0.028% | $1.2M | $268K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7138 | −0.098% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7152 | +0.092% | $56K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7143 | −0.028% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7136 | −0.127% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7207 | +0.868% | $32K | $8K | 50x | as long as short |
| BloFin ETHFI-USDTlong | +0.0338% | 4h | 0.7145 | long leg | $1.3M | $292K | 75x |
Binance ETHFIUSDT
MEXC ETHFI_USDT
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX