ETHFI

Alert

Funding spread now, next payment 15:00 UTC+0.0526%/8h

next payment, per $10,000+$0.66paid, last 24h+0.164%paid, last 5 days+0.622%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ETHFI_USDC-PERPETUAL	0.7390	−0.0426	get 0.0053% / 1h	57m 42s	$46K	$16K	10x
Short	Hyperliquid ETHFI	0.7401	0.0100	get 0.0013% / 1h	57m 42s	$20.3M	$6.4M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee HyperliquidbpOrdersRate

Funding earned: $110.49
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $94.49
Break-even: 1.0 days

Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.149%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Deribit no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 7 min ago	1.08 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ETHFIUSD	−0.0510%	1h	$283K	$218K	20x	as long as short
Deribit ETHFI_USDC-PERPETUALlong	−0.0426%	1h	$46K	$16K	10x
BingX ETHFI-USDT	−0.0276%	4h	—	$26.0M	—	as long as short
OKX ETHFI-USDT-SWAP	−0.0272%	4h	$5.0M	$12.3M	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0043%	4h	$17K	$44	10x	as long as short
Paradex ETHFI-USD-PERP	−0.0041%	8h	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	$330	$56K	5.5x	as long as short
Gate ETHFI_USDT	+0.0048%	4h	$1.8M	$1.7M	75x	as long as short
HTX ETHFI-USDT	+0.0060%	4h	$77K	$140K	20x	as long as short
KuCoin ETHFIUSDTM	+0.0064%	4h	$1.1M	$267K	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter ETHFI	+0.0096%	1h	$1.3M	$516K	5x	as long as short
Hyperliquid ETHFIshort	+0.0100%	1h	$20.3M	$6.4M	5x
Aster ETHFIUSDT	+0.0100%	4h	$194K	$219K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	$26.5M	$34.7M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	$19.3M	$12.4M	25x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	$15.5M	$3.7M	125x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	$6.5M	$5.4M	75x	as long as short
Variational Omni ETHFI	+0.0100%	4h	$1.1M	$794K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	$52K	$13K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	$2K	$974K	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	$100K	$477K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	$9K	—	3x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0208%	1h	$34K	$92K	50x	as long as short
BloFin ETHFI-USDT	+0.0340%	4h	$1.4M	$267K	75x	as long as short