Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.007%
Price spread now: Extended against Aster+0.010%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 6 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.010%, 7d avg −0.111%
=Together, before fees−0.211%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.120% dearer against Aster than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.111%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 6 days (−0.013% in total) that is about 55 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ETHFIUSDT | 0.6972 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $178K | $223K | 10x |
| Short | Extended ETHFI-USD | 0.6972 | 0 | get 0.0000% / 1h | 53m 12s | $95K | $505K | 10x |
Aster ETHFIUSDT
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$21
- Price spread: +0.010% → −0.111%
- $12.03
- Slippage, 4 orders
- −$59.31
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$81.29
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from Aster: live order book, 44 min ago; Extended: live order book, 44 min ago.
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, 44 min ago | 4.33 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 min ago | 3.32 bp | 18.0 bp −$18 | 118.6 bp −$1,186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0497% | 4h | 0.6963 | −0.124% | $83K | $149K | 20x | as long as short |
| Bybit ETHFIUSDT | −0.0447% | 4h | 0.6973 | +0.020% | $17.1M | $12.9M | 25x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0323% | 1h | 0.6977 | +0.077% | $41K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0284% | 4h | 0.6974 | +0.034% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0269% | 4h | 0.6948 | −0.334% | $915K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0124% | 8h | 0.6960 | −0.172% | $6K | — | 5x | as long as short |
| Extended ETHFI-USDshort | 0.0000% | 1h | 0.6972 | +0.010% | $95K | $505K | 10x | |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6975 | +0.048% | $15.9M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0001% | 4h | 0.6972 | +0.010% | $24.3M | $35.9M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.849% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Bybit ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6970 | −0.024% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6984 | +0.183% | $1.1M | $825K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6983 | +0.166% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDTlong | +0.0100% | 4h | 0.6972 | long leg | $178K | $223K | 10x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6976 | +0.063% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6978 | +0.091% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6970 | −0.024% | $1.2M | $214K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6972 | +0.005% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6977 | +0.077% | — | $10.7M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6983 | +0.163% | $53K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6989 | +0.249% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0200% | 4h | 0.6975 | +0.048% | $1.2M | $232K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.6990 | +0.263% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0865% | 1h | 0.6987 | +0.213% | $292K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
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
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD