Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Extended against Binance+0.061%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.061%, 7d avg −0.042%
=Together, before fees−0.094%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.103% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7154 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $24.9M | $35.9M | 75x |
| Short | Extended ETHFI-USD | 0.7158 | 0.0104 | get 0.0013% / 1h | 3m 04s | $97K | $376K | 10x |
Binance ETHFIUSDT
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: +0.061% → −0.042%
- $10.31
- Slippage, 4 orders
- −$45.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$49.08
- Costs to cover
- 0.602%
- Break-even
- 416.0 days
Slippage from Binance: live order book, 9 min ago; Extended: live order book, 64 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 Binance live order book, 9 min ago | 0.69 bp | 15.1 bp −$15 | 31.4 bp −$314 | 170.8 bp −$17.1K | doesn't fit |
| Sell Extended live order book, 64 min ago | 2.08 bp | 16.5 bp −$17 | 151.6 bp −$1,516 | doesn't fit | doesn't fit |
ETHFI on 23 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 | −0.0308% | 1h | 0.7163 | +0.131% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0199% | 4h | 0.7161 | +0.103% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0111% | 4h | 0.7148 | −0.079% | $88K | $168K | 20x | as long as short |
| Variational Omni ETHFI | +0.0030% | 4h | 0.7139 | −0.208% | $1.1M | $717K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.207% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0064% | 8h | 0.7159 | +0.078% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7171 | +0.243% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7158 | +0.066% | $17.9M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7164 | +0.149% | $183K | $258K | 10x | as long as short |
| Binance ETHFIUSDTlong | +0.0100% | 4h | 0.7154 | long leg | $24.9M | $35.9M | 75x |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7157 | +0.047% | $18.0M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7162 | +0.117% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7159 | +0.075% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7157 | +0.047% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7155 | +0.019% | $1.2M | $254K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7153 | −0.009% | $6.2M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7161 | +0.103% | — | $26.0M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7186 | +0.447% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7164 | +0.145% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USDshort | +0.0104% | 1h | 0.7158 | +0.061% | $97K | $376K | 10x | |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7160 | +0.089% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7253 | +1.389% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0226% | 1h | 0.7173 | +0.271% | $275K | $188K | 20x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD