ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.031%

Price spread now: Injective against Polymarket Perps−0.017%51s7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+1.221%+$122 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +1.221%, so the current rate has only just turned against you. The two prices were read 51 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	Polymarket Perps ETHFI-USD	0.7241	0.0100	pay 0.0013% / 1h	52m 28s	$57K	$81K	5x
Short	Injective ETHFI/USDC PERP	0.7240	0.0033	get 0.0004% / 1h	52m 28s	$321	$51K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 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 Polymarket PerpsbpFee InjectivebpOrdersPrice spread, now −0.017%Rate

Funding earned: −$14
Price spread: −0.017% → 0.000%: −$1.66
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$23.68
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: no order-book sample; Injective: 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Polymarket Perps and Injective: 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	−0.0440%	1h	0.7238	−0.044%	$42K	$18K	10x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0211%	1h	0.7242	+0.018%	$282K	$132K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0147%	4h	0.7228	−0.182%	$17K	$1K	10x	as long as short
HTX ETHFI-USDT	−0.0022%	4h	0.7220	−0.293%	$84K	$151K	20x	as long as short
Bitget ETHFIUSDT	+0.0010%	4h	0.7223	−0.251%	$6.2M	$5.5M	75x	as long as short
Injective ETHFI/USDC PERPshort	+0.0033%	1h	0.7240	−0.017%	$321	$51K	5.5x
Paradex ETHFI-USD-PERP	+0.0035%	8h	0.7224	−0.235%	$6K	—	5x	as long as short
Variational Omni ETHFI	+0.0042%	4h	0.7242	+0.011%	$1.1M	$711K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7227	−0.195%	$1.1M	$881K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7243	+0.019%	$19.8M	$7.3M	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ETHFIUSDT	+0.0100%	4h	0.7231	−0.135%	$184K	$237K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7227	−0.199%	$25.5M	$35.6M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7232	−0.127%	$18.6M	$12.4M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7230	−0.155%	$4.9M	$12.1M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7233	−0.113%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7228	−0.182%	$15.4M	$3.6M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7226	−0.210%	$1.2M	$269K	50x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7229	−0.168%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USDlong	+0.0100%	1h	0.7241	long leg	$57K	$81K	5x
SunX ETHFI-USDT	+0.0100%	4h	0.7237	−0.058%	$1K	$1.0M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7221	−0.281%	$101K	$488K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7225	−0.224%	$9K	—	3x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0152%	1h	0.7268	+0.370%	$32K	$9K	50x	as long as short
BloFin ETHFI-USDT	+0.0340%	4h	0.7235	−0.086%	$1.3M	$291K	75x	as long as short