Funding you earn now, next payment 10:00 UTC+0.0361%/8h= +39.5% APRpaid last 24h +0.075%
Price spread now: Extended against Orderly+0.248%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
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.248% dearer against Orderly than usual: you sell high and buy low: +$25 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 | Orderly PERP_ETHFI_USDC | 0.6992 | −0.0313 | get 0.0156% / 4h | 2h 05m | $16K | $1K | 10x |
| Short | Extended ETHFI-USD | 0.7009 | 0.0048 | get 0.0006% / 1h | 5m 37s | $111K | $499K | 10x |
Orderly PERP_ETHFI_USDC
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. 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
- $75.74
- Price spread: +0.248% → 0.000%
- $24.77
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $89.51
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 45 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 45 min ago | 2.59 bp | 17.6 bp −$18 | 169.4 bp −$1,694 | doesn't fit | doesn't fit |
Orderly: 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 exchanges
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 | −0.0463% | 1h | 0.7007 | +0.215% | $43K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDClong | −0.0313% | 4h | 0.6992 | long leg | $16K | $1K | 10x | |
| Variational Omni ETHFI | −0.0168% | 4h | 0.6993 | +0.013% | $933K | $723K | — | as long as short |
| HTX ETHFI-USDT | −0.0067% | 4h | 0.6991 | −0.014% | $83K | $133K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.547% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0042% | 4h | 0.7012 | +0.282% | $24.6M | $32.3M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0044% | 4h | 0.7009 | +0.243% | $15.8M | $4.2M | 125x | as long as short |
| Extended ETHFI-USDshort | +0.0048% | 1h | 0.7009 | +0.248% | $111K | $499K | 10x | |
| Paradex ETHFI-USD-PERP | +0.0053% | 8h | 0.7009 | +0.243% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0089% | 4h | 0.7015 | +0.329% | $17.3M | $11.8M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
MEXC ETHFI_USDT
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7023 | +0.439% | $1.1M | $729K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7007 | +0.211% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7018 | +0.378% | $16.9M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7012 | +0.284% | $180K | $162K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7015 | +0.329% | $5.1M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7013 | +0.300% | $1.7M | $1.8M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7012 | +0.286% | $1.2M | $182K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7013 | +0.300% | $6.3M | $3.8M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7014 | +0.315% | — | $11.5M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6998 | +0.086% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7002 | +0.143% | $1K | $1.0M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0184% | 4h | 0.7010 | +0.257% | $1.2M | $235K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7040 | +0.686% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0996% | 1h | 0.7020 | +0.401% | $300K | $292K | 20x | as long as short |
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD