ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.079%

Price spread now: Polymarket Perps against Coinbase International−0.259%47s7-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 Polymarket Perps

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 −$2 a day on $10k at the current rate, and Polymarket Perps is 0.259% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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	Coinbase International ETHFI-PERP-INTX	0.7268	0.0152	pay 0.0019% / 1h	53m 24s	$32K	$9K	50x
Short	Polymarket Perps ETHFI-USD	0.7249	0.0100	get 0.0013% / 1h	53m 24s	$57K	$81K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.259%Rate

Funding earned: −$10.92
Price spread: −0.259% → 0.000%: −$25.87
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$54.79
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample	—	—	—	—	—

Coinbase International and Polymarket Perps: 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	−0.0580%	1h	0.7227	−0.564%	$42K	$18K	10x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0211%	1h	0.7228	−0.548%	$281K	$132K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0147%	4h	0.7233	−0.482%	$17K	$1K	10x	as long as short
HTX ETHFI-USDT	+0.0008%	4h	0.7209	−0.812%	$84K	$151K	20x	as long as short
Bitget ETHFIUSDT	+0.0010%	4h	0.7234	−0.468%	$6.2M	$5.5M	75x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	−0.385%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0035%	8h	0.7231	−0.510%	$6K	—	5x	as long as short
Variational Omni ETHFI	+0.0042%	4h	0.7242	−0.358%	$1.1M	$711K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7228	−0.554%	$1.1M	$881K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7252	−0.215%	$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	0.7236	−0.437%	$184K	$237K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7234	−0.472%	$25.5M	$35.6M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7239	−0.399%	$18.6M	$12.4M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7234	−0.468%	$4.9M	$12.1M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7237	−0.427%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7235	−0.454%	$15.4M	$3.6M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7233	−0.482%	$1.2M	$270K	50x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7235	−0.454%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USDshort	+0.0100%	1h	0.7249	−0.259%	$57K	$81K	5x
SunX ETHFI-USDT	+0.0100%	4h	0.7227	−0.564%	$2K	$1.0M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7230	−0.529%	$101K	$488K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7230	−0.523%	$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