Funding you earn now, next payment 03:00 UTC+0.0830%/8h= +90.9% APRpaid last 24h +0.147%
Price spread now: Binance against Deribit0.000%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$25 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.7134 | −0.0730 | get 0.0091% / 1h | 17m 16s | $40K | $12K | 10x |
| Short | Binance ETHFIUSDT | 0.7134 | 0.0100 | get 0.0050% / 4h | 1h 17m | $24.9M | $35.6M | 75x |
Deribit ETHFI_USDC-PERPETUAL
Binance ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $174.35
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $157.35
- Costs to cover
- 0.170%
- Break-even
- 0.7 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 9 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 Binance live order book, 9 min ago | 0.70 bp | 15.8 bp −$16 | 35.5 bp −$355 | 146.8 bp −$14.7K | 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 | −0.0730% | 1h | 0.7134 | long leg | $40K | $12K | 10x | |
| Orderly PERP_ETHFI_USDC | −0.0202% | 4h | 0.7133 | −0.014% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0098% | 4h | 0.7129 | −0.070% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.486% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0080% | 8h | 0.7140 | +0.085% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7147 | +0.184% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7142 | +0.116% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7139 | +0.075% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDTshort | +0.0100% | 4h | 0.7134 | 0.000% | $24.9M | $35.6M | 75x | |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7140 | +0.084% | $17.8M | $12.6M | 25x | as long as short |
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7142 | +0.112% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7145 | +0.154% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7134 | 0.000% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7148 | +0.196% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7138 | +0.056% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7140 | +0.084% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7156 | +0.304% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7146 | +0.168% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7131 | −0.043% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7132 | −0.027% | $9K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0306% | 1h | 0.7143 | +0.129% | $270K | $203K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7132 | −0.028% | $1.2M | $249K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0472% | 1h | 0.7156 | +0.314% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7169 | +0.491% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX