Funding you earn now, next payment 00:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.077%
Price spread now: Extended against Coinbase International−0.881%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 −$4 a day on $10k at the current rate, and Extended is 0.881% cheaper against Coinbase International than usual: you would sell low and buy high (−$88 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 | Coinbase International ETHFI-PERP-INTX | 0.7237 | 0.0168 | pay 0.0021% / 1h | 35m 34s | $32K | $6K | 50x |
| Short | Extended ETHFI-USD | 0.7173 | 0.0032 | get 0.0004% / 1h | 35m 34s | $101K | $588K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$28.56
- Price spread: −0.881% → 0.000%
- −$88.05
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$131.61
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 37 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 37 min ago | 2.10 bp | 16.1 bp −$16 | 127.1 bp −$1,271 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0891% | 4h | 0.7169 | −0.940% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0446% | 1h | 0.7184 | −0.732% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0199% | 4h | 0.7181 | −0.774% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0055% | 4h | 0.7179 | −0.796% | $1.0M | $734K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0038% | 8h | 0.7177 | −0.831% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | −0.0018% | 4h | 0.7171 | −0.912% | $18.1M | $13.0M | 25x | as long as short |
| MEXC ETHFI_USDT | +0.0030% | 4h | 0.7177 | −0.829% | $15.4M | $3.8M | 125x | as long as short |
| Extended ETHFI-USDshort | +0.0032% | 1h | 0.7173 | −0.881% | $101K | $588K | 10x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.041% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0035% | 4h | 0.7174 | −0.876% | $25.0M | $37.0M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7180 | −0.788% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7187 | −0.685% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7190 | −0.655% | $18.0M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7182 | −0.765% | $183K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7170 | −0.926% | $5.0M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7182 | −0.760% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7186 | −0.705% | $1.2M | $268K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7168 | −0.953% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7176 | −0.843% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7176 | −0.837% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7188 | −0.677% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0126% | 4h | 0.7185 | −0.719% | $1.3M | $275K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTXlong | +0.0168% | 1h | 0.7237 | long leg | $32K | $6K | 50x | |
| Kraken Futures PF_ETHFIUSD | +0.0220% | 1h | 0.7194 | −0.592% | $273K | $165K | 20x | as long as short |
Coinbase International ETHFI-PERP-INTX
Extended ETHFI-USD
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Kraken Futures PF_ETHFIUSD