Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.015%
Price spread now: OKX against Extended+0.128%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.128%, 7d avg +0.082%
=Together, before fees−0.085%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.046% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7037 | 0.0096 | pay 0.0012% / 1h | 0m 43s | $95K | $381K | 10x |
| Short | OKX ETHFI-USDT-SWAP | 0.7046 | 0.0100 | get 0.0050% / 4h | 0m 43s | $5.0M | $12.3M | 20x |
Extended ETHFI-USD
OKX ETHFI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0.84
- Price spread: +0.128% → +0.082%
- $4.65
- Slippage, 4 orders
- −$48.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.72
- Costs to cover
- 0.632%
- Break-even
- 488.0 days
Slippage from Extended: live order book, 57 min ago; OKX: 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, 57 min ago | 1.56 bp | 16.4 bp −$16 | 169.0 bp −$1,690 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.13 bp | 14.3 bp −$14 | 41.6 bp −$416 | 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 | −0.0460% | 1h | 0.7042 | +0.072% | $40K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0420% | 4h | 0.7033 | −0.056% | $87K | $168K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0236% | 4h | 0.7039 | +0.029% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0001% | 8h | 0.7045 | +0.108% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.885% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7043 | +0.087% | $264K | $209K | 20x | as long as short |
| Variational Omni ETHFI | +0.0078% | 4h | 0.7044 | +0.104% | $983K | $706K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7049 | +0.167% | $1.1M | $883K | 5x | as long as short |
| Extended ETHFI-USDlong | +0.0096% | 1h | 0.7037 | long leg | $95K | $381K | 10x | |
| Binance ETHFIUSDT | +0.0098% | 4h | 0.7040 | +0.043% | $24.5M | $35.1M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Variational Omni ETHFI
Lighter ETHFI
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETHFI_USDT | +0.0098% | 4h | 0.7039 | +0.029% | $15.8M | $4.1M | 125x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7048 | +0.154% | $17.4M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7049 | +0.166% | $180K | $264K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7040 | +0.043% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.7046 | +0.128% | $5.0M | $12.3M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7046 | +0.128% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7042 | +0.072% | $1.2M | $230K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7038 | +0.015% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7043 | +0.086% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7060 | +0.326% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7045 | +0.114% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7040 | +0.043% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0338% | 4h | 0.7046 | +0.128% | $1.2M | $246K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7096 | +0.839% | $31K | $6K | 50x | as long as short |
MEXC ETHFI_USDT
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX