Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Extended+0.020%7-day average +0.142% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.511%+$51 · spread now +0.020%, 7d avg +0.142%
=Together, before fees+0.495%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.122% cheaper against Extended than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.142%). If the spread goes back, that is −$12 on $10k: about 6.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7140 | 0.0040 | pay 0.0005% / 1h | 26m 54s | $92K | $493K | 10x |
| Short | Variational Omni ETHFI | 0.7141 | 0.0100 | get 0.0050% / 4h | 1h 26m | $1.0M | $755K | — |
Extended ETHFI-USD
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- $12.6
- Price spread: +0.020% → +0.142%
- −$12.2
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.6
- Costs to cover
- 0.050%
- Break-even
- 9.6 days
Slippage unknown: Extended: live order book, 56 min ago; Variational Omni: RFQ quote, 2 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 Extended live order book, 56 min ago | 1.89 bp | 16.1 bp −$16 | 138.4 bp −$1,384 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.20 bp | doesn't fit | 56.0 bp −$560 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0728% | 1h | 0.7147 | +0.103% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0253% | 1h | 0.7158 | +0.255% | $281K | $148K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0233% | 4h | 0.7149 | +0.131% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0183% | 4h | 0.7145 | +0.075% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0032% | 8h | 0.7142 | +0.027% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.405% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USDlong | +0.0040% | 1h | 0.7140 | long leg | $92K | $493K | 10x | |
| MEXC ETHFI_USDT | +0.0042% | 4h | 0.7139 | −0.009% | $15.1M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0042% | 4h | 0.7141 | +0.019% | $24.8M | $37.2M | 75x | as long as short |
| Bitget ETHFIUSDT | +0.0082% | 4h | 0.7147 | +0.103% | $6.1M | $5.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Bitget ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7144 | +0.058% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7150 | +0.149% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7152 | +0.176% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7146 | +0.092% | $183K | $258K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7145 | +0.075% | $18.1M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7146 | +0.089% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7151 | +0.159% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7149 | +0.131% | $1.2M | $272K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7145 | +0.075% | — | $25.9M | — | as long as short |
| Variational Omni ETHFIshort | +0.0100% | 4h | 0.7141 | +0.020% | $1.0M | $755K | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7148 | +0.122% | $59K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7148 | +0.117% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0169% | 4h | 0.7138 | −0.023% | $1.3M | $292K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7168 | +0.397% | $31K | $7K | 50x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX