Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Polymarket Perps−0.134%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.765%+$76 · spread now −0.134%, 7d avg −0.148%
=Together, before fees+0.816%+ Points / potential airdropExtended: Active · farm board+$82 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ETHFI-USD | 0.7137 | 0.0100 | pay 0.0013% / 1h | 46m 34s | $71K | $118K | 5x |
| Short | Extended ETHFI-USD | 0.7128 | 0.0104 | get 0.0013% / 1h | 46m 34s | $98K | $384K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Polymarket Perps. 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
- $0.84
- Price spread: −0.134% → −0.148%
- $1.4
- Slippage, 4 orders
- −$44.35
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$55.11
- Costs to cover
- 0.573%
- Break-even
- 466.3 days
Slippage from Polymarket Perps: live order book, 51 min ago; Extended: live order book, 21 min ago.
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 Polymarket Perps live order book, 51 min ago | 4.80 bp | 15.7 bp −$16 | 2320.3 bp −$23.2K | doesn't fit | doesn't fit |
| Sell Extended live order book, 21 min ago | 2.08 bp | 16.5 bp −$17 | 151.6 bp −$1,516 | 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 | −0.0451% | 1h | 0.7131 | −0.085% | $40K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0406% | 4h | 0.7134 | −0.043% | $88K | $169K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0211% | 4h | 0.7134 | −0.043% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0006% | 4h | 0.7135 | −0.031% | $1.0M | $721K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.442% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0041% | 8h | 0.7131 | −0.080% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7139 | +0.027% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7137 | 0.000% | $17.9M | $8.5M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7140 | +0.037% | $182K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7128 | −0.132% | $24.8M | $36.5M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7130 | −0.099% | $17.9M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7135 | −0.029% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7136 | −0.015% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7134 | −0.043% | $15.1M | $3.8M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7131 | −0.085% | $1.2M | $259K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7126 | −0.156% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7135 | −0.029% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USDlong | +0.0100% | 1h | 0.7137 | long leg | $71K | $118K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7138 | +0.013% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USDshort | +0.0104% | 1h | 0.7128 | −0.134% | $98K | $384K | 10x | |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7127 | −0.145% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7169 | +0.447% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0227% | 1h | 0.7138 | +0.019% | $272K | $185K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7142 | +0.069% | $1.2M | $260K | 75x | as long as short |
Polymarket Perps ETHFI-USD
Extended ETHFI-USD
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT