ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0394%/8h= +43.1% APRnext payment +$0.49 per $10,000 · paid last 24h +0.098%

Price spread now: Aevo against Kraken Futures−0.278%55s7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Aevo

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. Aevo is 0.278% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.278% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 2.4 days of funding at the current rate (+$12 a day). The two prices were read 55 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	Kraken Futures PF_ETHFIUSD	0.7017	−0.0306	get 0.0038% / 1h	9m 29s	$259K	$213K	20x
Short	Aevo ETHFI-PERP	0.6997	0.0088	get 0.0011% / 1h	9m 29s	$8K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.278%Rate

Funding earned: $82.66
Price spread: −0.278% → 0.000%: −$27.8
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: $28.87
Costs to cover: 0.260%
Break-even: 4.6 days

Slippage unknown: Kraken Futures: live order book, 43 min ago; Aevo: 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 Kraken Futures live order book, 43 min ago	7.08 bp	29.6 bp −$30	158.4 bp −$1,584	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0605%	1h	0.7012	−0.066%	$40K	$10K	10x	as long as short
Kraken Futures PF_ETHFIUSDlong	−0.0306%	1h	0.7017	long leg	$259K	$213K	20x
HTX ETHFI-USDT	−0.0257%	4h	0.7000	−0.237%	$82K	$180K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0252%	4h	0.6999	−0.251%	$16K	$1K	10x	as long as short
Bybit ETHFIUSDT	−0.0196%	4h	0.7001	−0.223%	$17.4M	$12.5M	25x	as long as short
Variational Omni ETHFI	−0.0034%	4h	0.7021	+0.065%	$980K	$703K	—	as long as short
Extended ETHFI-USD	+0.0032%	1h	0.7010	−0.090%	$95K	$440K	10x	as long as short
Binance ETHFIUSDT	+0.0033%	4h	0.6997	−0.278%	$24.3M	$34.7M	75x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+3.183%	$321	$51K	5.5x	as long as short
MEXC ETHFI_USDT	+0.0034%	4h	0.7001	−0.223%	$15.8M	$4.1M	125x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ETHFI-USD-PERP	+0.0054%	8h	0.7014	−0.036%	$6K	—	5x	as long as short
Aevo ETHFI-PERPshort	+0.0088%	1h	0.6997	−0.278%	$8K	—	3x
Lighter ETHFI	+0.0096%	1h	0.7024	+0.108%	$1.1M	$841K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7010	−0.092%	$17.4M	$7.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7010	−0.089%	$179K	$229K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7009	−0.109%	$5.1M	$12.2M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7009	−0.109%	$1.7M	$1.9M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7008	−0.123%	$1.2M	$226K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7002	−0.209%	$6.0M	$5.1M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7003	−0.194%	—	$8.8M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7009	−0.110%	$65K	$125K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7017	+0.005%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0151%	4h	0.7017	+0.005%	$1.2M	$242K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0544%	1h	0.7054	+0.533%	$31K	$6K	50x	as long as short