Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Polymarket Perps−0.334%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.965%+$96 · spread now −0.334%, 7d avg −0.148%
=Together, before fees+1.016%+ Points / potential airdropExtended: Active · farm board+$102 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.186% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ETHFI-USD | 0.7162 | 0.0100 | pay 0.0013% / 1h | 7m 33s | $71K | $118K | 5x |
| Short | Extended ETHFI-USD | 0.7138 | 0.0104 | get 0.0013% / 1h | 7m 33s | $97K | $376K | 10x |
Polymarket Perps ETHFI-USD
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.334% → −0.148%
- −$18.59
- Slippage, 4 orders
- −$40.7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$71.46
- Costs to cover
- 0.537%
- Break-even
- 602.5 days
Slippage from Polymarket Perps: live order book, 25 min ago; Extended: live order book, 60 min ago.
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 Polymarket Perps live order book, 25 min ago | 4.81 bp | 11.4 bp −$11 | 1619.6 bp −$16.2K | doesn't fit | doesn't fit |
| Sell Extended live order book, 60 min ago | 2.08 bp | 16.5 bp −$17 | 151.6 bp −$1,516 | doesn't fit | doesn't fit |
ETHFI on 23 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 | −0.0307% | 1h | 0.7177 | +0.211% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0203% | 4h | 0.7172 | +0.141% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0124% | 4h | 0.7172 | +0.141% | $88K | $168K | 20x | as long as short |
| Variational Omni ETHFI | +0.0012% | 4h | 0.7203 | +0.570% | $1.1M | $717K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.090% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0061% | 8h | 0.7140 | −0.312% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7159 | −0.038% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7147 | −0.201% | $17.9M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7159 | −0.046% | $183K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7138 | −0.334% | $24.8M | $36.0M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7144 | −0.250% | $18.0M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7147 | −0.208% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7148 | −0.194% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7143 | −0.264% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7150 | −0.166% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7145 | −0.236% | $6.1M | $5.4M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7146 | −0.222% | — | $26.0M | — | as long as short |
| Polymarket Perps ETHFI-USDlong | +0.0100% | 1h | 0.7162 | long leg | $71K | $118K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7174 | +0.169% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USDshort | +0.0104% | 1h | 0.7138 | −0.334% | $97K | $376K | 10x | |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7171 | +0.128% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7253 | +1.272% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0226% | 1h | 0.7181 | +0.261% | $275K | $187K | 20x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD