Funding you earn now, next payment 23:00 UTC−0.0833%/8h= −91.2% APRpaid last 24h −0.151%
Price spread now: Deribit against SunX−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Deribit is 0.042% cheaper against SunX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ETHFI-USDT | 0.7118 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $1K | $1.1M | 20x |
| Short | Deribit ETHFI_USDC-PERPETUAL | 0.7115 | −0.0733 | pay 0.0092% / 1h | 50m 18s | $42K | $18K | 10x |
SunX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- −$174.9
- Price spread: −0.042% → 0.000%
- −$4.21
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$194.12
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 3 min ago; Deribit: 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 SunX live order book, 3 min ago | 495.16 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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-PERPETUALshort | −0.0733% | 1h | 0.7115 | −0.042% | $42K | $18K | 10x | |
| Kraken Futures PF_ETHFIUSD | −0.0254% | 1h | 0.7129 | +0.158% | $280K | $145K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0194% | 4h | 0.7112 | −0.084% | $82K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0177% | 4h | 0.7113 | −0.070% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.714% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0037% | 8h | 0.7117 | −0.017% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDT | +0.0064% | 4h | 0.7110 | −0.112% | $6.1M | $5.7M | 75x | as long as short |
| Extended ETHFI-USD | +0.0072% | 1h | 0.7109 | −0.124% | $92K | $495K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0073% | 4h | 0.7110 | −0.108% | $24.7M | $37.1M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0074% | 4h | 0.7111 | −0.098% | $15.0M | $3.8M | 125x | as long as short |
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDT
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7123 | +0.067% | $1.1M | $898K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7110 | −0.112% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7121 | +0.042% | $18.0M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7127 | +0.120% | $182K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7119 | +0.014% | $18.1M | $12.9M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7117 | −0.014% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7120 | +0.028% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7126 | +0.112% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7116 | −0.028% | — | $25.9M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7124 | +0.083% | $1.0M | $745K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7117 | −0.008% | $59K | $85K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.7118 | long leg | $1K | $1.1M | 20x | |
| BloFin ETHFI-USDT | +0.0297% | 4h | 0.7118 | 0.000% | $1.2M | $291K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7147 | +0.407% | $31K | $6K | 50x | as long as short |
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX