Funding you earn now, next payment 01:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h +0.111%
Price spread now: Aevo against Kraken Futures−0.465%55s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.465% cheaper against Kraken Futures than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETHFIUSD | 0.7206 | 0.0219 | pay 0.0027% / 1h | 3m 18s | $274K | $166K | 20x |
| Short | Aevo ETHFI-PERP | 0.7172 | 0.0104 | get 0.0013% / 1h | 3m 18s | $9K | — | 3x |
Kraken Futures PF_ETHFIUSD
Aevo ETHFI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- −$24.22
- Price spread: −0.465% → 0.000%
- −$46.49
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$96.71
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; Aevo: 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 Kraken Futures live order book, 4 min ago | 6.91 bp | 22.6 bp −$23 | 130.4 bp −$1,304 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0552% | 4h | 0.7194 | −0.166% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0305% | 1h | 0.7199 | −0.097% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0212% | 4h | 0.7170 | −0.499% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0022% | 4h | 0.7199 | −0.094% | $1.1M | $719K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0018% | 8h | 0.7160 | −0.637% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.472% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0092% | 4h | 0.7168 | −0.527% | $15.3M | $3.9M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0093% | 4h | 0.7167 | −0.541% | $25.0M | $36.4M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7169 | −0.510% | $1.1M | $894K | 5x | as long as short |
| Extended ETHFI-USD | +0.0096% | 1h | 0.7165 | −0.563% | $100K | $388K | 10x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFI
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7181 | −0.347% | $18.0M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7166 | −0.555% | $183K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7176 | −0.416% | $18.1M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7179 | −0.374% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7176 | −0.416% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7168 | −0.527% | $1.2M | $263K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7175 | −0.430% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7171 | −0.485% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7173 | −0.458% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7211 | +0.070% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERPshort | +0.0104% | 1h | 0.7172 | −0.465% | $9K | — | 3x | |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7245 | +0.542% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSDlong | +0.0219% | 1h | 0.7206 | long leg | $274K | $166K | 20x | |
| BloFin ETHFI-USDT | +0.0334% | 4h | 0.7204 | −0.027% | $1.3M | $269K | 75x | as long as short |
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT