Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.009%
Price spread now: Extended against Variational Omni+0.268%7-day average −0.142% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−1.452%−$145 · spread now +0.268%, 7d avg −0.142%
=Together, before fees−1.436%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$144 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.411% dearer against Variational Omni than usual: you sell high and buy low (spread +0.268% now, against its 7-day average of −0.142%): +$41 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETHFI | 0.7115 | 0.0045 | pay 0.0022% / 4h | 10m 40s | $1.0M | $745K | — |
| Short | Extended ETHFI-USD | 0.7135 | 0.0024 | get 0.0003% / 1h | 10m 40s | $92K | $492K | 10x |
Variational Omni ETHFI
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.36
- Price spread: +0.268% → −0.142%
- $41.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $31.7
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Extended: live order book, 2 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 Variational Omni RFQ quote, 3 min ago | 3.49 bp | doesn't fit | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.10 bp | 16.1 bp −$16 | 127.1 bp −$1,271 | doesn't fit | doesn't fit |
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 | −0.0452% | 1h | 0.7122 | +0.092% | $40K | $14K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0345% | 4h | 0.7116 | +0.007% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0187% | 4h | 0.7118 | +0.036% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0044% | 8h | 0.7134 | +0.254% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | +0.0020% | 4h | 0.7132 | +0.232% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0021% | 4h | 0.7129 | +0.190% | $24.9M | $37.4M | 75x | as long as short |
| Extended ETHFI-USDshort | +0.0024% | 1h | 0.7135 | +0.268% | $92K | $492K | 10x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.750% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFIlong | +0.0045% | 4h | 0.7115 | long leg | $1.0M | $745K | — | |
| BloFin ETHFI-USDT | +0.0082% | 4h | 0.7126 | +0.148% | $1.3M | $284K | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERP
BloFin ETHFI-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7120 | +0.064% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7140 | +0.339% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7131 | +0.224% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7131 | +0.218% | $182K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7134 | +0.260% | $18.1M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7140 | +0.345% | $4.9M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7136 | +0.289% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7133 | +0.246% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7133 | +0.246% | $6.1M | $5.8M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7135 | +0.274% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7119 | +0.055% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7128 | +0.176% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +1.708% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0556% | 1h | 0.7126 | +0.150% | $274K | $162K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD