ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0295%/8h= +32.3% APRnext payment +$0.37 per $10,000 · paid last 24h +0.093%

Price spread now: Coinbase International against Injective−3.619%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Coinbase International

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Coinbase International is 3.619% cheaper against Injective than usual: you would sell low and buy high (spread −3.619% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$362 on $10k: about 41 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ETHFI/USDC PERP	0.7240	0.0033	pay 0.0004% / 1h	5m 02s	$321	$51K	5.5x
Short	Coinbase International ETHFI-PERP-INTX	0.6978	0.0328	get 0.0041% / 1h	5m 02s	$32K	$6K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Coinbase InternationalbpOrdersPrice spread, now −3.619%Rate

Funding earned: $61.88
Price spread: −3.619% → 0.000%: −$361.88
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$310.02
Costs to cover: 0.100%
Break-even: 42.1 days

Slippage unknown: Injective: no order-book sample; Coinbase International: 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 Injective no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Injective and 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
Deribit ETHFI_USDC-PERPETUAL	−0.0612%	1h	0.6955	−3.936%	$41K	$11K	10x	as long as short
HTX ETHFI-USDT	−0.0411%	4h	0.6949	−4.019%	$82K	$174K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0279%	4h	0.6953	−3.964%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0128%	4h	0.6968	−3.753%	$917K	$785K	—	as long as short
Binance ETHFIUSDT	−0.0011%	4h	0.6946	−4.061%	$24.2M	$36.4M	75x	as long as short
Paradex ETHFI-USD-PERP	−0.0010%	8h	0.6960	−3.866%	$6K	—	5x	as long as short
MEXC ETHFI_USDT	−0.0010%	4h	0.6951	−3.992%	$15.8M	$4.2M	125x	as long as short
Extended ETHFI-USD	−0.0008%	1h	0.6947	−4.046%	$95K	$505K	10x	as long as short
Injective ETHFI/USDC PERPlong	+0.0033%	1h	0.7240	long leg	$321	$51K	5.5x
Bybit ETHFIUSDT	+0.0049%	4h	0.6954	−3.950%	$17.2M	$13.1M	25x	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	+0.0080%	1h	0.6950	−4.006%	$8K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.6959	−3.881%	$1.1M	$832K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.6954	−3.949%	$16.7M	$8.7M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.6960	−3.871%	$178K	$263K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.6956	−3.923%	$5.1M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.6960	−3.867%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.6966	−3.785%	$1.2M	$228K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.6950	−4.006%	$6.1M	$4.9M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.6954	−3.950%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.6965	−3.802%	$52K	$149K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.6961	−3.854%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0229%	4h	0.6955	−3.936%	$1.2M	$240K	75x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0328%	1h	0.6978	−3.619%	$32K	$6K	50x
Kraken Futures PF_ETHFIUSD	+0.1687%	1h	0.6972	−3.695%	$291K	$295K	20x	as long as short