ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0593%/8h= +65.0% APRnext payment +$0.74 per $10,000 · paid last 24h +0.225%

Price spread now: Coinbase International against Deribit+0.581%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Coinbase International

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 for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 0.581% dearer against Deribit than usual: you sell high and buy low: +$58 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	0.7226	−0.0441	get 0.0055% / 1h	49m 39s	$42K	$18K	10x
Short	Coinbase International ETHFI-PERP-INTX	0.7268	0.0152	get 0.0019% / 1h	49m 39s	$32K	$9K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.581%Rate

Funding earned: $124.63
Price spread: +0.581% → 0.000%: $58.12
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $165.75
Costs to cover: 0.170%
Break-even: from the start

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

Deribit and Coinbase International: 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	−0.0441%	1h	0.7226	long leg	$42K	$18K	10x
Kraken Futures PF_ETHFIUSD	−0.0211%	1h	0.7228	+0.029%	$281K	$131K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0149%	4h	0.7221	−0.069%	$17K	$1K	10x	as long as short
HTX ETHFI-USDT	−0.0014%	4h	0.7209	−0.235%	$84K	$151K	20x	as long as short
Bitget ETHFIUSDT	+0.0006%	4h	0.7218	−0.111%	$6.2M	$5.5M	75x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.194%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0037%	8h	0.7220	−0.085%	$6K	—	5x	as long as short
Variational Omni ETHFI	+0.0056%	4h	0.7218	−0.117%	$1.1M	$709K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7223	−0.047%	$1.1M	$881K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7234	+0.109%	$19.7M	$7.4M	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	0.7232	+0.088%	$184K	$237K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7221	−0.071%	$25.5M	$35.6M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7224	−0.028%	$18.6M	$12.4M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7222	−0.055%	$4.9M	$12.0M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7226	0.000%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7220	−0.083%	$15.3M	$3.6M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7226	0.000%	$1.2M	$269K	50x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7221	−0.069%	—	$25.9M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7238	+0.165%	$57K	$81K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7229	+0.042%	$2K	$1.0M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7219	−0.093%	$101K	$488K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7220	−0.083%	$9K	—	3x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0152%	1h	0.7268	+0.581%	$32K	$9K	50x
BloFin ETHFI-USDT	+0.0340%	4h	0.7212	−0.194%	$1.3M	$289K	75x	as long as short