Funding you earn now, next payment 05:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Aevo−0.044%7-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
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.044% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ETHFI-PERP | 0.7026 | 0.0104 | pay 0.0013% / 1h | 50m 08s | $8K | — | 3x |
| Short | Extended ETHFI-USD | 0.7023 | 0.0088 | get 0.0011% / 1h | 50m 08s | $95K | $379K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aevo. 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
- −$3.36
- Price spread: −0.044% → 0.000%
- −$4.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.78
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 2 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 2.77 bp | 18.3 bp −$18 | 140.6 bp −$1,406 | doesn't fit | doesn't fit |
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 | −0.0949% | 4h | 0.7014 | −0.169% | $85K | $171K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0603% | 1h | 0.7028 | +0.030% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0305% | 1h | 0.7035 | +0.131% | $263K | $209K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0238% | 4h | 0.7029 | +0.045% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0005% | 8h | 0.7031 | +0.077% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.048% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0077% | 4h | 0.7045 | +0.269% | $983K | $703K | — | as long as short |
| Extended ETHFI-USDshort | +0.0088% | 1h | 0.7023 | −0.044% | $95K | $379K | 10x | |
| MEXC ETHFI_USDT | +0.0088% | 4h | 0.7027 | +0.016% | $15.9M | $4.0M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0088% | 4h | 0.7027 | +0.016% | $24.4M | $35.1M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7038 | +0.168% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7033 | +0.104% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7033 | +0.101% | $180K | $227K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7033 | +0.101% | $17.6M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7038 | +0.173% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7036 | +0.144% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7038 | +0.173% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7030 | +0.059% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7034 | +0.116% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7044 | +0.258% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7032 | +0.087% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERPlong | +0.0104% | 1h | 0.7026 | long leg | $8K | — | 3x | |
| BloFin ETHFI-USDT | +0.0328% | 4h | 0.7041 | +0.215% | $1.2M | $244K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7075 | +0.699% | $31K | $6K | 50x | as long as short |
Extended ETHFI-USD
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Variational Omni ETHFI
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX