ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.107%

Price spread now: Coinbase International against Injective−0.041%64s7-day average — · you buy dearer than you sell

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

Long on Injective 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—needs both histories

Funding pays, the price is against you. Coinbase International is 0.041% cheaper against Injective than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ETHFI/USDC PERP	0.7240	0.0033	pay 0.0004% / 1h	41m 42s	$321	$51K	5.5x
Short	Coinbase International ETHFI-PERP-INTX	0.7237	0.0168	get 0.0021% / 1h	41m 42s	$32K	$6K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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 InjectivebpFee Coinbase InternationalbpOrdersPrice spread, now −0.041%Rate

Funding earned: $28.28
Price spread: −0.041% → 0.000%: −$4.14
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $14.12
Costs to cover: 0.100%
Break-even: 3.5 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Injective and 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
HTX ETHFI-USDT	−0.0718%	4h	0.7177	−0.870%	$83K	$165K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0305%	1h	0.7201	−0.539%	$41K	$14K	10x	as long as short
Bybit ETHFIUSDT	−0.0237%	4h	0.7187	−0.732%	$18.2M	$13.1M	25x	as long as short
Orderly PERP_ETHFI_USDC	−0.0197%	4h	0.7196	−0.608%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0048%	4h	0.7168	−0.989%	$1.0M	$744K	—	as long as short
Paradex ETHFI-USD-PERP	−0.0038%	8h	0.7195	−0.627%	$6K	—	5x	as long as short
MEXC ETHFI_USDT	+0.0022%	4h	0.7194	−0.635%	$15.4M	$3.8M	125x	as long as short
Extended ETHFI-USD	+0.0024%	1h	0.7187	−0.727%	$97K	$592K	10x	as long as short
Binance ETHFIUSDT	+0.0027%	4h	0.7186	−0.746%	$25.1M	$37.4M	75x	as long as short
Injective ETHFI/USDC PERPlong	+0.0033%	1h	0.7240	long leg	$321	$51K	5.5x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ETHFI-PERP	+0.0088%	1h	0.7205	−0.484%	$9K	—	3x	as long as short
BloFin ETHFI-USDT	+0.0088%	4h	0.7191	−0.677%	$1.3M	$277K	75x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7199	−0.562%	$1.1M	$894K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7200	−0.546%	$18.1M	$9.1M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7195	−0.617%	$184K	$258K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7193	−0.649%	$5.0M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7197	−0.594%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7200	−0.552%	$1.2M	$270K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7188	−0.718%	$6.1M	$5.7M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7193	−0.649%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7199	−0.568%	$55K	$99K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7204	−0.497%	$2K	$1.1M	20x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0168%	1h	0.7237	−0.041%	$32K	$6K	50x
Kraken Futures PF_ETHFIUSD	+0.0219%	1h	0.7206	−0.469%	$274K	$165K	20x	as long as short