Funding you earn now, next payment 22:00 UTC+0.0613%/8h= +67.2% APRnext payment +$0.77 per $10,000 · paid last 24h +0.114%
Price spread now: Injective against Deribit+0.249%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
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Injective is 0.249% dearer against Deribit than usual: you sell high and buy low: +$25 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 | 0.7222 | −0.0580 | get 0.0073% / 1h | 50m 26s | $42K | $18K | 10x |
| Short | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | get 0.0004% / 1h | 50m 26s | $321 | $51K | 5.5x |
Deribit ETHFI_USDC-PERPETUAL
Injective ETHFI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $128.82
- Price spread: +0.249% → 0.000%
- $24.92
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $146.73
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Deribit and Injective: 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 | −0.0580% | 1h | 0.7222 | long leg | $42K | $18K | 10x | |
| Kraken Futures PF_ETHFIUSD | −0.0211% | 1h | 0.7229 | +0.099% | $282K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0149% | 4h | 0.7221 | −0.014% | $17K | $1K | 10x | as long as short |
| Bitget ETHFIUSDT | +0.0006% | 4h | 0.7221 | −0.014% | $6.2M | $5.5M | 75x | as long as short |
| HTX ETHFI-USDT | +0.0012% | 4h | 0.7219 | −0.042% | $84K | $151K | 20x | as long as short |
| Injective ETHFI/USDC PERPshort | +0.0033% | 1h | 0.7240 | +0.249% | $321 | $51K | 5.5x | |
| Paradex ETHFI-USD-PERP | +0.0036% | 8h | 0.7223 | +0.008% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0056% | 4h | 0.7218 | −0.062% | $1.1M | $709K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7225 | +0.035% | $1.1M | $881K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7235 | +0.174% | $19.7M | $7.4M | 5x | as long as short |
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Bitget ETHFIUSDT
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7231 | +0.131% | $184K | $237K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7223 | +0.008% | $25.5M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7226 | +0.055% | $18.6M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7222 | 0.000% | $4.9M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7229 | +0.097% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7223 | +0.014% | $15.3M | $3.6M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7223 | +0.014% | $1.2M | $269K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7224 | +0.028% | — | $25.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7238 | +0.220% | $57K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7218 | −0.055% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7222 | +0.006% | $101K | $488K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7220 | −0.028% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7268 | +0.637% | $32K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7212 | −0.138% | $1.3M | $289K | 75x | as long as short |
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT