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: Deribit against Extended+0.107%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
=The price spread pays, funding is against you. Deribit is 0.107% dearer against Extended than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7182 | 0.0040 | pay 0.0005% / 1h | 29m 56s | $93K | $493K | 10x |
| Short | Deribit ETHFI_USDC-PERPETUAL | 0.7190 | −0.0306 | pay 0.0038% / 1h | 29m 56s | $42K | $18K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$72.66
- Price spread: +0.107% → 0.000%
- $10.66
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$74.01
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 48 min ago; Deribit: 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 Extended live order book, 48 min ago | 2.66 bp | 17.9 bp −$18 | 183.1 bp −$1,831 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | −0.019% | $83K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUALshort | −0.0306% | 1h | 0.7190 | +0.107% | $42K | $18K | 10x | |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7186 | +0.051% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0022% | 8h | 0.7183 | +0.014% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.803% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USDlong | +0.0040% | 1h | 0.7182 | long leg | $93K | $493K | 10x | |
| MEXC ETHFI_USDT | +0.0040% | 4h | 0.7186 | +0.051% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0042% | 4h | 0.7182 | −0.005% | $25.0M | $37.2M | 75x | as long as short |
| Aster ETHFIUSDT | +0.0062% | 4h | 0.7195 | +0.175% | $184K | $262K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7184 | +0.029% | $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 | +0.229% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7199 | +0.230% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7183 | +0.009% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7187 | +0.065% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7187 | +0.065% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7187 | +0.065% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7182 | −0.005% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7188 | +0.079% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7193 | +0.144% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7193 | +0.143% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7189 | +0.093% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0166% | 4h | 0.7193 | +0.148% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.761% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7199 | +0.230% | $277K | $161K | 20x | as long as short |
Extended ETHFI-USD
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Aster ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD