ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0318%/8h= −34.8% APRnext payment −$1.59 per $10,000 · paid last 24h −0.073%

Price spread now: Orderly against Aster−0.256%49s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Orderly is 0.256% cheaper against Aster than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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	Aster ETHFIUSDT	0.7033	0.0056	pay 0.0028% / 4h	2h 16m	$180K	$260K	10x
Short	Orderly PERP_ETHFI_USDC	0.7015	−0.0262	pay 0.0131% / 4h	2h 16m	$16K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now −0.256%Rate

Funding earned: −$66.69
Price spread: −0.256% → 0.000%: −$25.62
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$106.31
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 30 min ago; Orderly: 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 Aster live order book, 30 min ago	0.72 bp	9.6 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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 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
Kraken Futures PF_ETHFIUSD	−0.0407%	1h	0.7038	+0.072%	$289K	$286K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0320%	1h	0.7018	−0.214%	$40K	$10K	10x	as long as short
HTX ETHFI-USDT	−0.0315%	4h	0.7009	−0.342%	$81K	$171K	20x	as long as short
Orderly PERP_ETHFI_USDCshort	−0.0262%	4h	0.7015	−0.256%	$16K	$1K	10x
Bybit ETHFIUSDT	−0.0217%	4h	0.7029	−0.057%	$17.5M	$13.0M	25x	as long as short
Variational Omni ETHFI	−0.0165%	4h	0.6939	−1.333%	$902K	$767K	—	as long as short
Extended ETHFI-USD	−0.0024%	1h	0.7021	−0.170%	$95K	$502K	10x	as long as short
MEXC ETHFI_USDT	−0.0022%	4h	0.7027	−0.086%	$15.8M	$4.1M	125x	as long as short
Binance ETHFIUSDT	−0.0021%	4h	0.7028	−0.066%	$24.4M	$35.7M	75x	as long as short
Paradex ETHFI-USD-PERP	+0.0003%	8h	0.7022	−0.154%	$6K	—	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+2.943%	$321	$51K	5.5x	as long as short
Aster ETHFIUSDTlong	+0.0056%	4h	0.7033	long leg	$180K	$260K	10x
Aevo ETHFI-PERP	+0.0072%	1h	0.7015	−0.256%	$8K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7028	−0.067%	$1.1M	$831K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7032	−0.017%	$17.0M	$8.5M	5x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7032	−0.015%	$5.2M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7027	−0.086%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7029	−0.057%	$1.2M	$230K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7027	−0.086%	$6.1M	$5.0M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7026	−0.100%	—	$8.9M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7032	−0.019%	$63K	$127K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7023	−0.142%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0217%	4h	0.7018	−0.214%	$1.2M	$241K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0376%	1h	0.7024	−0.128%	$32K	$6K	50x	as long as short