ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: Lighter against Extended+0.209%7-day average +0.215% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1021.017% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.209%, 7d avg +0.215%

Together, before fees+0.167%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.215%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ETHFI-USD	0.7186	0.0048	pay 0.0006% / 1h	30m 13s	$100K	$434K	10x
Short	Lighter ETHFI	0.7201	0.0096	get 0.0012% / 1h	30m 13s	$1.1M	$894K	5x

Funding history

latest

Range statsloading…

Lighter against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now +0.209%Rate

Slippage from Extended: live order book, 43 min ago; Lighter: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 43 min ago	2.10 bp	17.0 bp −$17	131.6 bp −$1,316	doesn't fit	doesn't fit
Sell Lighter live order book, 1 min ago	8.75 bp	38.5 bp −$38	112.3 bp −$1,123	doesn't fit	doesn't fit

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	−0.0966%	4h	0.7178	−0.117%	$83K	$159K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0306%	1h	0.7194	+0.106%	$41K	$13K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0201%	4h	0.7189	+0.036%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0061%	4h	0.7188	+0.021%	$1.0M	$728K	—	as long as short
Bybit ETHFIUSDT	−0.0036%	4h	0.7193	+0.092%	$18.2M	$12.8M	25x	as long as short
Paradex ETHFI-USD-PERP	−0.0034%	8h	0.7187	+0.008%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.746%	$321	$51K	5.5x	as long as short
MEXC ETHFI_USDT	+0.0042%	4h	0.7189	+0.036%	$15.4M	$3.8M	125x	as long as short
Binance ETHFIUSDT	+0.0045%	4h	0.7189	+0.036%	$25.1M	$36.8M	75x	as long as short
Extended ETHFI-USDlong	+0.0048%	1h	0.7186	long leg	$100K	$434K	10x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ETHFI-PERP	+0.0088%	1h	0.7190	+0.050%	$9K	—	3x	as long as short
Lighter ETHFIshort	+0.0096%	1h	0.7201	+0.209%	$1.1M	$894K	5x
Hyperliquid ETHFI	+0.0100%	1h	0.7201	+0.209%	$18.1M	$8.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7194	+0.102%	$184K	$258K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7200	+0.189%	$5.0M	$12.5M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7198	+0.162%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7191	+0.064%	$1.2M	$270K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7189	+0.036%	$6.1M	$5.6M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7195	+0.120%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7191	+0.061%	$71K	$116K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7196	+0.134%	$2K	$1.1M	20x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0168%	1h	0.7237	+0.704%	$32K	$6K	50x	as long as short
BloFin ETHFI-USDT	+0.0170%	4h	0.7187	+0.009%	$1.3M	$272K	75x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0220%	1h	0.7199	+0.178%	$274K	$164K	20x	as long as short