Funding you earn now, next payment 23:00 UTC+0.0694%/8h= +76.0% APRpaid last 24h +0.145%
Price spread now: Aster against Deribit+0.355%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aster is 0.355% dearer against Deribit than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.7100 | −0.0594 | get 0.0074% / 1h | 56m 29s | $42K | $18K | 10x |
| Short | Aster ETHFIUSDT | 0.7125 | 0.0100 | get 0.0050% / 4h | 1h 56m | $182K | $256K | 10x |
Deribit ETHFI_USDC-PERPETUAL
Aster ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $145.81
- Price spread: +0.355% → 0.000%
- $35.5
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $166.3
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 25 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 25 min ago | 7.69 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
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-PERPETUALlong | −0.0594% | 1h | 0.7100 | long leg | $42K | $18K | 10x | |
| Kraken Futures PF_ETHFIUSD | −0.0255% | 1h | 0.7103 | +0.047% | $279K | $145K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0182% | 4h | 0.7080 | −0.282% | $82K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0174% | 4h | 0.7099 | −0.014% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.972% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0038% | 8h | 0.7124 | +0.340% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDT | +0.0052% | 4h | 0.7130 | +0.423% | $6.1M | $5.7M | 75x | as long as short |
| Extended ETHFI-USD | +0.0072% | 1h | 0.7124 | +0.339% | $92K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0072% | 4h | 0.7121 | +0.296% | $15.1M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0078% | 4h | 0.7122 | +0.310% | $24.8M | $37.1M | 75x | as long as short |
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7126 | +0.362% | $1.1M | $898K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7100 | 0.000% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7126 | +0.366% | $18.1M | $9.0M | 5x | as long as short |
| Aster ETHFIUSDTshort | +0.0100% | 4h | 0.7125 | +0.355% | $182K | $256K | 10x | |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7126 | +0.366% | $18.2M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7124 | +0.338% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7117 | +0.239% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7118 | +0.254% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7127 | +0.380% | — | $25.9M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7091 | −0.123% | $1.0M | $739K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7124 | +0.341% | $60K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7103 | +0.042% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0295% | 4h | 0.7097 | −0.042% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7165 | +0.915% | $31K | $8K | 50x | as long as short |
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX