ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.78 per $10,000 · paid last 24h +0.014%

Price spread now: SunX against Variational Omni+0.120%45s7-day average +0.010% · you sell dearer than you buy

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

Long on Variational Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 3 days (all we have)−0.180%−$18 · spread now +0.120%, 7d avg +0.010%

Together, before fees−0.166%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.110% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 45 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	Variational Omni ETHFI	0.7179	−0.0055	get 0.0028% / 4h	3h 35m	$1.0M	$734K	—
Short	SunX ETHFI-USDT	0.7188	0.0100	get 0.0050% / 4h	3h 35m	$2K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Variational Omni. 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 Variational OmnibpFee SunXbpOrdersPrice spread, now +0.120%Rate

Funding earned: $32.64
Price spread: +0.120% → +0.010%: $11.03
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: $35.67
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; SunX: live order book, 8 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 Variational Omni RFQ quote, 3 min ago	5.56 bp	doesn't fit	41.7 bp −$417	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	500.45 bp	doesn't fit	doesn't fit	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
HTX ETHFI-USDT	−0.0891%	4h	0.7169	−0.145%	$83K	$159K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0446%	1h	0.7184	+0.064%	$41K	$13K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0199%	4h	0.7181	+0.022%	$16K	$1K	10x	as long as short
Variational Omni ETHFIlong	−0.0055%	4h	0.7179	long leg	$1.0M	$734K	—
Paradex ETHFI-USD-PERP	−0.0038%	8h	0.7177	−0.035%	$6K	—	5x	as long as short
Bybit ETHFIUSDT	−0.0018%	4h	0.7171	−0.117%	$18.1M	$13.0M	25x	as long as short
MEXC ETHFI_USDT	+0.0030%	4h	0.7177	−0.033%	$15.4M	$3.8M	125x	as long as short
Extended ETHFI-USD	+0.0032%	1h	0.7173	−0.085%	$101K	$588K	10x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.844%	$321	$51K	5.5x	as long as short
Binance ETHFIUSDT	+0.0035%	4h	0.7174	−0.081%	$25.0M	$37.0M	75x	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	+0.0088%	1h	0.7180	+0.009%	$9K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7187	+0.112%	$1.1M	$894K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7190	+0.142%	$18.0M	$8.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7182	+0.031%	$183K	$258K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7170	−0.131%	$5.0M	$12.5M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7182	+0.036%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7186	+0.092%	$1.2M	$268K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7168	−0.159%	$6.1M	$5.7M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7176	−0.047%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7176	−0.042%	$71K	$116K	5x	as long as short
SunX ETHFI-USDTshort	+0.0100%	4h	0.7188	+0.120%	$2K	$1.1M	20x
BloFin ETHFI-USDT	+0.0126%	4h	0.7185	+0.078%	$1.3M	$275K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0168%	1h	0.7237	+0.802%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0220%	1h	0.7194	+0.206%	$273K	$165K	20x	as long as short