ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0346%/8h= +37.9% APRnext payment +$0.43 per $10,000 · paid last 24h +0.152%

Price spread now: Extended against Deribit−0.089%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.089% cheaper against Deribit than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 20 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ETHFI_USDC-PERPETUAL	0.7190	−0.0306	get 0.0038% / 1h	30m 11s	$42K	$18K	10x
Short	Extended ETHFI-USD	0.7184	0.0040	get 0.0005% / 1h	30m 11s	$93K	$493K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.089%Rate

Funding earned: $72.66
Price spread: −0.089% → 0.000%: −$8.85
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $51.81
Costs to cover: 0.120%
Break-even: 2.0 days

Slippage unknown: Deribit: no order-book sample; Extended: live order book, 48 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 Extended live order book, 48 min ago	2.66 bp	17.1 bp −$17	137.9 bp −$1,379	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
HTX ETHFI-USDT	−0.0332%	4h	0.7181	−0.125%	$83K	$164K	20x	as long as short
Deribit ETHFI_USDC-PERPETUALlong	−0.0306%	1h	0.7190	long leg	$42K	$18K	10x
Orderly PERP_ETHFI_USDC	−0.0190%	4h	0.7186	−0.056%	$16K	$1K	10x	as long as short
Paradex ETHFI-USD-PERP	+0.0022%	8h	0.7183	−0.093%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.695%	$321	$51K	5.5x	as long as short
Extended ETHFI-USDshort	+0.0040%	1h	0.7184	−0.089%	$93K	$493K	10x
MEXC ETHFI_USDT	+0.0040%	4h	0.7188	−0.028%	$15.2M	$3.8M	125x	as long as short
Binance ETHFIUSDT	+0.0042%	4h	0.7185	−0.070%	$25.0M	$37.2M	75x	as long as short
Aster ETHFIUSDT	+0.0062%	4h	0.7196	+0.081%	$184K	$262K	10x	as long as short
Aevo ETHFI-PERP	+0.0088%	1h	0.7184	−0.077%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ETHFI	+0.0096%	1h	0.7199	+0.122%	$1.1M	$897K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7199	+0.122%	$18.2M	$8.9M	5x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7187	−0.042%	$18.2M	$13.1M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7190	0.000%	$5.0M	$12.6M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7190	0.000%	$1.7M	$2.1M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7192	+0.028%	$1.2M	$270K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7183	−0.097%	$6.1M	$5.7M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7193	+0.042%	—	$1.2M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7193	+0.037%	$1.1M	$738K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7193	+0.036%	$60K	$94K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7189	−0.014%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0166%	4h	0.7193	+0.042%	$1.3M	$290K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0216%	1h	0.7237	+0.654%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0550%	1h	0.7199	+0.123%	$277K	$161K	20x	as long as short