ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.062%

Price spread now: Coinbase International against Hyperliquid−0.020%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Coinbase International

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ETHFI	0.7165	0.0100	pay 0.0013% / 1h	41m 57s	$18.1M	$8.9M	5x
Short	Coinbase International ETHFI-PERP-INTX	0.7164	0.0304	get 0.0038% / 1h	41m 57s	$31K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Coinbase InternationalbpOrdersPrice spread, now −0.020%Rate

Funding earned: $42.84
Price spread: −0.020% → 0.000%: −$1.95
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $21.89
Costs to cover: 0.190%
Break-even: 3.4 days

Slippage unknown: Hyperliquid: live order book, 11 min ago; Coinbase International: 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 Hyperliquid live order book, 11 min ago	0.63 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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-PERPETUAL	−0.0448%	1h	0.7162	−0.047%	$42K	$18K	10x	as long as short
HTX ETHFI-USDT	−0.0265%	4h	0.7149	−0.229%	$83K	$165K	20x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0253%	1h	0.7168	+0.034%	$281K	$146K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0179%	4h	0.7158	−0.103%	$16K	$1K	10x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+1.041%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0042%	8h	0.7157	−0.123%	$6K	—	5x	as long as short
Extended ETHFI-USD	+0.0064%	1h	0.7153	−0.168%	$93K	$493K	10x	as long as short
MEXC ETHFI_USDT	+0.0066%	4h	0.7161	−0.061%	$15.1M	$3.8M	125x	as long as short
Binance ETHFIUSDT	+0.0066%	4h	0.7155	−0.144%	$24.9M	$37.0M	75x	as long as short
Bitget ETHFIUSDT	+0.0076%	4h	0.7153	−0.173%	$6.1M	$5.7M	75x	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	0.7161	−0.060%	$1.1M	$898K	5x	as long as short
Aevo ETHFI-PERP	+0.0096%	1h	0.7156	−0.134%	$9K	—	3x	as long as short
Hyperliquid ETHFIlong	+0.0100%	1h	0.7165	long leg	$18.1M	$8.9M	5x
Aster ETHFIUSDT	+0.0100%	4h	0.7161	−0.061%	$183K	$258K	10x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7160	−0.075%	$18.2M	$12.9M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7159	−0.089%	$4.9M	$12.5M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7163	−0.033%	$1.7M	$2.1M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7164	−0.020%	$1.2M	$271K	50x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7160	−0.075%	—	$1.2M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7132	−0.469%	$1.0M	$755K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7164	−0.025%	$59K	$85K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7160	−0.075%	$1K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0265%	4h	0.7148	−0.243%	$1.3M	$292K	75x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0304%	1h	0.7164	−0.020%	$31K	$7K	50x