Funding you earn now, next payment 01:00 UTC+0.0480%/8h= +52.5% APRnext payment +$0.60 per $10,000 · paid last 24h +0.125%
Price spread now: Injective against Deribit+0.934%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Injective is 0.934% dearer against Deribit than usual: you sell high and buy low: +$93 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.7173 | −0.0447 | get 0.0056% / 1h | 35m 08s | $41K | $13K | 10x |
| Short | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | get 0.0004% / 1h | 35m 08s | $321 | $51K | 5.5x |
Deribit ETHFI_USDC-PERPETUAL
Injective ETHFI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- $100.78
- Price spread: +0.934% → 0.000%
- $93.41
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $187.17
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Injective: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Deribit and Injective: 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 | −0.0904% | 4h | 0.7168 | −0.070% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUALlong | −0.0447% | 1h | 0.7173 | long leg | $41K | $13K | 10x | |
| Orderly PERP_ETHFI_USDC | −0.0199% | 4h | 0.7169 | −0.056% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0055% | 4h | 0.7179 | +0.089% | $1.0M | $734K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0038% | 8h | 0.7177 | +0.054% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | −0.0018% | 4h | 0.7170 | −0.042% | $18.1M | $13.0M | 25x | as long as short |
| MEXC ETHFI_USDT | +0.0030% | 4h | 0.7169 | −0.056% | $15.3M | $3.8M | 125x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.7166 | −0.094% | $99K | $581K | 10x | as long as short |
| Injective ETHFI/USDC PERPshort | +0.0033% | 1h | 0.7240 | +0.934% | $321 | $51K | 5.5x | |
| Binance ETHFIUSDT | +0.0035% | 4h | 0.7168 | −0.070% | $25.0M | $37.0M | 75x | as long as short |
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Extended ETHFI-USD
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7165 | −0.112% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7181 | +0.112% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7180 | +0.096% | $18.0M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7172 | −0.016% | $183K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7176 | +0.042% | $5.0M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7174 | +0.014% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7178 | +0.070% | $1.2M | $268K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7168 | −0.070% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7172 | −0.014% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7176 | +0.047% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7177 | +0.056% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0138% | 4h | 0.7173 | 0.000% | $1.3M | $273K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.892% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0220% | 1h | 0.7181 | +0.106% | $273K | $165K | 20x | as long as short |
Aevo ETHFI-PERP
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
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD