ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against Binance+0.029%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$580.575% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days+0.015%+$1 · spread now +0.029%, 7d avg +0.049%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ETHFIUSDT	0.6953	0.0002	pay 0.0001% / 4h	3h 56m	$24.3M	$36.0M	75x
Short	Bybit ETHFIUSDT	0.6955	−0.0124	pay 0.0062% / 4h	3h 56m	$17.1M	$12.9M	25x

Funding history

latest

Range statsloading…

Bybit against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.029%Rate

Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	0.72 bp	14.2 bp −$14	29.3 bp −$293	200.0 bp −$20.0K	doesn't fit
Sell Bybit live order book, 2 min ago	0.72 bp	15.3 bp −$15	40.5 bp −$405	doesn't fit	doesn't fit

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	−0.0468%	1h	0.6957	+0.058%	$41K	$12K	10x	as long as short
HTX ETHFI-USDT	−0.0318%	4h	0.6959	+0.086%	$83K	$149K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0283%	4h	0.6956	+0.043%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0254%	4h	0.6963	+0.137%	$917K	$785K	—	as long as short
Bybit ETHFIUSDTshort	−0.0124%	4h	0.6955	+0.029%	$17.1M	$12.9M	25x
Paradex ETHFI-USD-PERP	−0.0117%	8h	0.6960	+0.099%	$6K	—	5x	as long as short
Extended ETHFI-USD	0.0000%	1h	0.6949	−0.056%	$95K	$505K	10x	as long as short
MEXC ETHFI_USDT	0.0000%	4h	0.6956	+0.043%	$15.7M	$4.1M	125x	as long as short
Binance ETHFIUSDTlong	+0.0002%	4h	0.6953	long leg	$24.3M	$36.0M	75x
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+4.128%	$321	$51K	5.5x	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	+0.0080%	1h	0.6953	0.000%	$8K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.6966	+0.191%	$1.1M	$824K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.6965	+0.167%	$16.7M	$8.7M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.6966	+0.185%	$178K	$224K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.6959	+0.086%	$5.1M	$12.6M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.6967	+0.201%	$1.7M	$1.9M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.6968	+0.216%	$1.2M	$215K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.6954	+0.014%	$6.1M	$4.7M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.6957	+0.058%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.6967	+0.201%	$52K	$149K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.6968	+0.216%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0240%	4h	0.6974	+0.302%	$1.2M	$242K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0336%	1h	0.6990	+0.532%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0867%	1h	0.6968	+0.214%	$291K	$283K	20x	as long as short