ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.014%

Price spread now: Extended against Lighter−0.215%7-day average −0.216% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1041.039% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$9 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.215%, 7d avg −0.216%

Together, before fees−0.189%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.216%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ETHFI	0.7199	0.0096	pay 0.0012% / 1h	28m 06s	$1.1M	$897K	5x
Short	Extended ETHFI-USD	0.7184	0.0040	get 0.0005% / 1h	28m 06s	$93K	$493K	10x

Funding history

latest

Range statsloading…

Extended against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

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

Position, each leg$Hold fordaysFee LighterbpFee ExtendedbpOrdersPrice spread, now −0.215%Rate

Slippage from Lighter: live order book, 3 min ago; Extended: live order book, 50 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 3 min ago	7.64 bp	33.6 bp −$34	120.0 bp −$1,200	doesn't fit	doesn't fit
Sell Extended live order book, 50 min ago	2.66 bp	17.1 bp −$17	137.9 bp −$1,379	doesn't fit	doesn't fit

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	−0.0342%	4h	0.7170	−0.406%	$83K	$164K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0306%	1h	0.7190	−0.128%	$42K	$18K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0189%	4h	0.7187	−0.169%	$16K	$1K	10x	as long as short
Paradex ETHFI-USD-PERP	+0.0017%	8h	0.7186	−0.188%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.567%	$321	$51K	5.5x	as long as short
MEXC ETHFI_USDT	+0.0036%	4h	0.7186	−0.183%	$15.2M	$3.8M	125x	as long as short
Binance ETHFIUSDT	+0.0036%	4h	0.7186	−0.182%	$25.0M	$37.2M	75x	as long as short
Extended ETHFI-USDshort	+0.0040%	1h	0.7184	−0.215%	$93K	$493K	10x
Aster ETHFIUSDT	+0.0065%	4h	0.7196	−0.047%	$184K	$262K	10x	as long as short
Aevo ETHFI-PERP	+0.0088%	1h	0.7183	−0.223%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ETHFIlong	+0.0096%	1h	0.7199	long leg	$1.1M	$897K	5x
Hyperliquid ETHFI	+0.0100%	1h	0.7202	+0.038%	$18.2M	$8.9M	5x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7188	−0.156%	$18.2M	$13.1M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7192	−0.100%	$5.0M	$12.6M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7190	−0.128%	$1.7M	$2.1M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7186	−0.183%	$1.2M	$270K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7185	−0.197%	$6.1M	$5.7M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7187	−0.169%	—	$1.2M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7193	−0.091%	$1.1M	$738K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7190	−0.122%	$60K	$94K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7189	−0.142%	$1K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0150%	4h	0.7186	−0.183%	$1.3M	$288K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0216%	1h	0.7237	+0.525%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0550%	1h	0.7199	−0.003%	$277K	$161K	20x	as long as short