Funding you earn now, next payment 01:00 UTC−0.0102%/8h= −11.1% APRpaid last 24h −0.013%
Price spread now: Variational Omni against Extended−0.103%7-day average +0.141% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.989%+$99 · spread now −0.103%, 7d avg +0.141%
=Together, before fees+0.973%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$97 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.244% cheaper against Extended than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.141%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7185 | 0.0064 | pay 0.0008% / 1h | 19m 48s | $100K | $392K | 10x |
| Short | Variational Omni ETHFI | 0.7177 | −0.0038 | pay 0.0019% / 4h | 3h 19m | $1.0M | $725K | — |
Extended ETHFI-USD
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$21.33
- Price spread: −0.103% → +0.141%
- −$24.4
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$50.73
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 53 min ago; Variational Omni: RFQ quote, 4 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 Extended live order book, 53 min ago | 2.10 bp | 17.0 bp −$17 | 131.6 bp −$1,316 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.86 bp | doesn't fit | 52.1 bp −$521 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0838% | 4h | 0.7171 | −0.191% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0584% | 1h | 0.7191 | +0.087% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0204% | 4h | 0.7189 | +0.059% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFIshort | −0.0038% | 4h | 0.7177 | −0.103% | $1.0M | $725K | — | |
| Paradex ETHFI-USD-PERP | −0.0008% | 8h | 0.7178 | −0.089% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.769% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0060% | 4h | 0.7188 | +0.046% | $15.4M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0062% | 4h | 0.7178 | −0.091% | $25.1M | $36.6M | 75x | as long as short |
| Extended ETHFI-USDlong | +0.0064% | 1h | 0.7185 | long leg | $100K | $392K | 10x | |
| Lighter ETHFI | +0.0096% | 1h | 0.7192 | +0.100% | $1.1M | $894K | 5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7187 | +0.037% | $9K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7192 | +0.101% | $18.0M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7192 | +0.099% | $184K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7182 | −0.038% | $18.2M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7188 | +0.046% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7186 | +0.018% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7185 | +0.004% | $1.2M | $264K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7184 | −0.010% | $6.1M | $5.6M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7184 | −0.010% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7187 | +0.036% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7191 | +0.087% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.728% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0220% | 1h | 0.7195 | +0.144% | $273K | $166K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0245% | 4h | 0.7185 | +0.004% | $1.3M | $272K | 75x | as long as short |
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT