ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0119%/8h= −13.0% APRnext payment −$0.15 per $10,000 · paid last 24h −0.112%

Price spread now: Injective against Coinbase International−0.385%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Injective

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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Injective is 0.385% cheaper against Coinbase International than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ETHFI-PERP-INTX	0.7268	0.0152	pay 0.0019% / 1h	55m 02s	$32K	$9K	50x
Short	Injective ETHFI/USDC PERP	0.7240	0.0033	get 0.0004% / 1h	55m 02s	$321	$51K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. 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 Coinbase InternationalbpFee InjectivebpOrdersPrice spread, now −0.385%Rate

Funding earned: −$24.92
Price spread: −0.385% → 0.000%: −$38.53
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$73.47
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Injective: 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Coinbase International and Injective: 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-PERPETUAL	−0.0301%	1h	0.7257	−0.151%	$44K	$16K	10x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0210%	1h	0.7261	−0.098%	$283K	$132K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0147%	4h	0.7252	−0.220%	$17K	$1K	10x	as long as short
Bitget ETHFIUSDT	+0.0012%	4h	0.7235	−0.454%	$6.2M	$5.5M	75x	as long as short
HTX ETHFI-USDT	+0.0014%	4h	0.7213	−0.757%	$84K	$151K	20x	as long as short
Paradex ETHFI-USD-PERP	+0.0033%	8h	0.7230	−0.517%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERPshort	+0.0033%	1h	0.7240	−0.385%	$321	$51K	5.5x
Variational Omni ETHFI	+0.0042%	4h	0.7242	−0.358%	$1.1M	$711K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7255	−0.183%	$1.1M	$881K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7266	−0.029%	$19.8M	$7.3M	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ETHFIUSDT	+0.0100%	4h	0.7256	−0.167%	$185K	$237K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7247	−0.289%	$25.6M	$35.5M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7243	−0.344%	$18.7M	$12.4M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7235	−0.454%	$4.9M	$12.1M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7256	−0.165%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7253	−0.206%	$15.4M	$3.6M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7250	−0.248%	$1.2M	$271K	50x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7252	−0.220%	—	$25.9M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7261	−0.102%	$63K	$75K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7246	−0.303%	$2K	$1.0M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7246	−0.300%	$101K	$488K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7252	−0.222%	$9K	—	3x	as long as short
Coinbase International ETHFI-PERP-INTXlong	+0.0152%	1h	0.7268	long leg	$32K	$9K	50x
BloFin ETHFI-USDT	+0.0340%	4h	0.7246	−0.303%	$1.3M	$292K	75x	as long as short