Funding you earn now, next payment 09:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.005%
Price spread now: Gate against Extended−0.043%7-day average +0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1011.015% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.706%+$71 · spread now −0.043%, 7d avg +0.101%
=Together, before fees+0.651%+ Points / potential airdropExtended: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.144% cheaper against Extended than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.101%). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7025 | 0.0064 | pay 0.0008% / 1h | 5m 02s | $95K | $501K | 10x |
| Short | Gate ETHFI_USDT | 0.7022 | 0.0100 | get 0.0050% / 4h | 3h 05m | $1.7M | $1.9M | 75x |
Extended ETHFI-USD
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $7.56
- Price spread: −0.043% → +0.101%
- −$14.4
- Slippage, 4 orders
- −$81.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.29
- Costs to cover
- 1.015%
- Break-even
- 107.3 days
Slippage from Extended: live order book, 28 min ago; Gate: live order book, 2 min ago.
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, 28 min ago | 2.67 bp | 18.5 bp −$18 | 138.2 bp −$1,382 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.14 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
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-PERPETUAL | −0.0462% | 1h | 0.7022 | −0.043% | $41K | $11K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0275% | 4h | 0.7018 | −0.100% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0250% | 4h | 0.7024 | −0.010% | $937K | $768K | — | as long as short |
| HTX ETHFI-USDT | −0.0124% | 4h | 0.7018 | −0.100% | $83K | $142K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0074% | 8h | 0.7020 | −0.071% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.060% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0039% | 4h | 0.7020 | −0.072% | $17.2M | $12.3M | 25x | as long as short |
| MEXC ETHFI_USDT | +0.0062% | 4h | 0.7018 | −0.100% | $15.8M | $4.3M | 125x | as long as short |
| Extended ETHFI-USDlong | +0.0064% | 1h | 0.7025 | long leg | $95K | $501K | 10x | |
| Binance ETHFIUSDT | +0.0065% | 4h | 0.7019 | −0.086% | $24.6M | $34.6M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0088% | 4h | 0.7031 | +0.082% | $180K | $199K | 10x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7031 | +0.085% | $1.1M | $836K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7020 | −0.072% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7027 | +0.031% | $16.8M | $8.5M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7035 | +0.142% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.7022 | −0.043% | $1.7M | $1.9M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7022 | −0.043% | $1.2M | $202K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7032 | +0.099% | $6.1M | $4.1M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7021 | −0.058% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7025 | −0.001% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7027 | +0.028% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0262% | 4h | 0.7021 | −0.058% | $1.2M | $235K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.7040 | +0.213% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0859% | 1h | 0.7035 | +0.142% | $300K | $295K | 20x | as long as short |
Aster ETHFIUSDT
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD