ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.086%

Price spread now: Coinbase International against Variational Omni+2.266%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 2.266% dearer against Variational Omni than usual: you sell high and buy low: +$227 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ETHFI	0.7092	0.0058	pay 0.0029% / 4h	1h 44m	$1.0M	$731K	—
Short	Coinbase International ETHFI-PERP-INTX	0.7253	0.0512	get 0.0064% / 1h	44m 40s	$32K	$6K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +2.266%Rate

Funding earned: $95.26
Price spread: +2.266% → 0.000%: $226.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $311.9
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: 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 Variational Omni RFQ quote, 4 min ago	4.93 bp	doesn't fit	41.6 bp −$416	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.0312%	1h	0.7111	+0.264%	$40K	$13K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0201%	4h	0.7107	+0.208%	$16K	$1K	10x	as long as short
HTX ETHFI-USDT	+0.0004%	4h	0.7093	+0.010%	$87K	$168K	20x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+2.083%	$321	$51K	5.5x	as long as short
Variational Omni ETHFIlong	+0.0058%	4h	0.7092	long leg	$1.0M	$731K	—
Paradex ETHFI-USD-PERP	+0.0067%	8h	0.7108	+0.222%	$6K	—	5x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7117	+0.356%	$1.1M	$888K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7117	+0.347%	$17.8M	$8.1M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7117	+0.342%	$182K	$256K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7110	+0.250%	$24.8M	$35.7M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHFIUSDT	+0.0100%	4h	0.7111	+0.264%	$17.8M	$12.6M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7119	+0.377%	$5.0M	$12.2M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7114	+0.307%	$1.7M	$1.9M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7107	+0.208%	$15.4M	$3.9M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7112	+0.278%	$1.2M	$253K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7106	+0.194%	$6.1M	$5.3M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7110	+0.250%	—	$1.2M	—	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7113	+0.292%	$2K	$1.1M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7106	+0.196%	$99K	$381K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7107	+0.210%	$8K	—	3x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0307%	1h	0.7110	+0.257%	$269K	$200K	20x	as long as short
BloFin ETHFI-USDT	+0.0340%	4h	0.7096	+0.053%	$1.2M	$248K	75x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0512%	1h	0.7253	+2.266%	$32K	$6K	50x
Polymarket Perps ETHFI-USD	+0.0527%	1h	0.7135	+0.600%	$71K	$118K	5x	as long as short