Funding you earn now, next payment 05:00 UTC−0.0703%/8h= −77.0% APRpaid last 24h −0.152%
Price spread now: Deribit against Aster−0.134%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
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Deribit is 0.134% cheaper against Aster than usual: you would sell low and buy high (−$13 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 | Aster ETHFIUSDT | 0.7037 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $180K | $224K | 10x |
| Short | Deribit ETHFI_USDC-PERPETUAL | 0.7028 | −0.0603 | pay 0.0075% / 1h | 53m 53s | $40K | $11K | 10x |
Aster ETHFIUSDT
Deribit ETHFI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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
- −$147.63
- Price spread: −0.134% → 0.000%
- −$13.35
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$175.98
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 63 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 Aster live order book, 63 min ago | 7.76 bp | 36.3 bp −$36 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0906% | 4h | 0.7056 | +0.264% | $87K | $171K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUALshort | −0.0603% | 1h | 0.7028 | −0.134% | $40K | $11K | 10x | |
| Kraken Futures PF_ETHFIUSD | −0.0305% | 1h | 0.7031 | −0.090% | $263K | $209K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0238% | 4h | 0.7026 | −0.162% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0001% | 8h | 0.7059 | +0.313% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.879% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0059% | 4h | 0.7040 | +0.037% | $17.6M | $12.6M | 25x | as long as short |
| Variational Omni ETHFI | +0.0065% | 4h | 0.7037 | −0.009% | $980K | $703K | — | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7031 | −0.090% | $95K | $379K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0089% | 4h | 0.7038 | +0.009% | $24.4M | $35.1M | 75x | as long as short |
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bybit ETHFIUSDT
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETHFI_USDT | +0.0090% | 4h | 0.7030 | −0.105% | $15.9M | $4.0M | 125x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7037 | −0.010% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7032 | −0.078% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDTlong | +0.0100% | 4h | 0.7037 | long leg | $180K | $224K | 10x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7042 | +0.065% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7037 | −0.006% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7035 | −0.034% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7032 | −0.077% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7040 | +0.037% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7042 | +0.064% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7035 | −0.034% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7027 | −0.143% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0330% | 4h | 0.7056 | +0.264% | $1.2M | $244K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7075 | +0.534% | $31K | $6K | 50x | as long as short |
MEXC ETHFI_USDT
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX