Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Extended against Binance+0.002%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.002%, 7d avg −0.042%
=Together, before fees−0.018%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.044% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7199 | 0.0093 | pay 0.0046% / 4h | 3h 06m | $25.1M | $36.4M | 75x |
| Short | Extended ETHFI-USD | 0.7199 | 0.0096 | get 0.0012% / 1h | 6m 27s | $100K | $388K | 10x |
Binance ETHFIUSDT
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.67
- Price spread: +0.002% → −0.042%
- $4.37
- Slippage, 4 orders
- −$46.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.18
- Costs to cover
- 0.612%
- Break-even
- 592.2 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 66 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 Binance live order book, 5 min ago | 0.69 bp | 14.8 bp −$15 | 31.2 bp −$312 | 184.8 bp −$18.5K | doesn't fit |
| Sell Extended live order book, 66 min ago | 2.10 bp | 16.1 bp −$16 | 127.1 bp −$1,271 | 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 | −0.0689% | 4h | 0.7207 | +0.111% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0441% | 1h | 0.7228 | +0.403% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0210% | 4h | 0.7200 | +0.014% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | +0.0005% | 4h | 0.7211 | +0.171% | $1.1M | $717K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0016% | 8h | 0.7202 | +0.042% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.570% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0092% | 4h | 0.7202 | +0.042% | $15.4M | $3.9M | 125x | as long as short |
| Binance ETHFIUSDTlong | +0.0093% | 4h | 0.7199 | long leg | $25.1M | $36.4M | 75x | |
| Lighter ETHFI | +0.0096% | 1h | 0.7226 | +0.378% | $1.1M | $894K | 5x | as long as short |
| Extended ETHFI-USDshort | +0.0096% | 1h | 0.7199 | +0.002% | $100K | $388K | 10x |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Lighter ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7213 | +0.199% | $18.1M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7211 | +0.172% | $184K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7202 | +0.042% | $18.2M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7207 | +0.111% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7210 | +0.153% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7213 | +0.194% | $1.2M | $263K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7200 | +0.014% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7204 | +0.069% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7205 | +0.081% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7224 | +0.347% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7210 | +0.153% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7245 | +0.639% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0218% | 1h | 0.7233 | +0.479% | $275K | $165K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0333% | 4h | 0.7216 | +0.236% | $1.3M | $269K | 75x | as long as short |
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
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT