ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.46 per $10,000 · paid last 24h +0.053%

Price spread now: SunX against Orderly−0.042%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on SunX

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. SunX is 0.042% cheaper against Orderly than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ETHFI_USDC	0.7228	−0.0193	get 0.0096% / 4h	54m 45s	$17K	$1K	10x
Short	SunX ETHFI-USDT	0.7225	0.0100	get 0.0050% / 4h	54m 45s	$1K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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 OrderlybpFee SunXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $61.5
Price spread: −0.042% → 0.000%: −$4.15
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $43.35
Costs to cover: 0.140%
Break-even: 2.1 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 8 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 Orderly no order-book sample	—	—	—	—	—
Sell SunX live order book, 8 min ago	501.01 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Orderly: 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	−0.0441%	1h	0.7232	+0.055%	$42K	$18K	10x	as long as short
HTX ETHFI-USDT	−0.0324%	4h	0.7213	−0.208%	$84K	$164K	20x	as long as short
Orderly PERP_ETHFI_USDClong	−0.0193%	4h	0.7228	long leg	$17K	$1K	10x
MEXC ETHFI_USDT	+0.0028%	4h	0.7228	0.000%	$15.3M	$3.8M	125x	as long as short
Binance ETHFIUSDT	+0.0031%	4h	0.7222	−0.079%	$25.1M	$37.3M	75x	as long as short
Extended ETHFI-USD	+0.0032%	1h	0.7224	−0.060%	$93K	$493K	10x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.166%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0043%	8h	0.7224	−0.055%	$6K	—	5x	as long as short
Aster ETHFIUSDT	+0.0069%	4h	0.7229	+0.018%	$185K	$259K	10x	as long as short
Aevo ETHFI-PERP	+0.0088%	1h	0.7237	+0.120%	$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 ETHFI	+0.0096%	1h	0.7235	+0.095%	$1.1M	$896K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7240	+0.165%	$18.3M	$8.9M	5x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7225	−0.042%	$18.3M	$13.0M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7227	−0.014%	$5.0M	$12.6M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7233	+0.069%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7231	+0.042%	$1.2M	$273K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7228	0.000%	$6.2M	$5.7M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7230	+0.028%	—	$1.2M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7219	−0.131%	$1.0M	$747K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7231	+0.048%	$60K	$93K	5x	as long as short
SunX ETHFI-USDTshort	+0.0100%	4h	0.7225	−0.042%	$1K	$1.1M	20x
BloFin ETHFI-USDT	+0.0122%	4h	0.7225	−0.042%	$1.3M	$293K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0216%	1h	0.7228	0.000%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0547%	1h	0.7236	+0.111%	$279K	$158K	20x	as long as short