Funding you earn now, next payment 00:00 UTC+0.0680%/8h= +74.5% APRpaid last 24h +0.137%
Price spread now: Bitget against Deribit+0.028%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bitget is 0.028% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.7221 | −0.0580 | get 0.0073% / 1h | 52m 11s | $42K | $18K | 10x |
| Short | Bitget ETHFIUSDT | 0.7223 | 0.0100 | get 0.0050% / 4h | 52m 11s | $6.2M | $5.7M | 75x |
Deribit ETHFI_USDC-PERPETUAL
Bitget ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- $142.85
- Price spread: +0.028% → 0.000%
- $2.77
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $126.62
- Costs to cover
- 0.190%
- Break-even
- 0.8 days
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 1 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.38 bp | 15.5 bp −$15 | 35.0 bp −$350 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUALlong | −0.0580% | 1h | 0.7221 | long leg | $42K | $18K | 10x | |
| HTX ETHFI-USDT | −0.0341% | 4h | 0.7220 | −0.014% | $84K | $164K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0192% | 4h | 0.7217 | −0.055% | $16K | $1K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0030% | 4h | 0.7221 | 0.000% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0032% | 4h | 0.7218 | −0.042% | $25.0M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.7217 | −0.062% | $94K | $493K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.263% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0045% | 8h | 0.7224 | +0.046% | $6K | — | 5x | as long as short |
| Aster ETHFIUSDT | +0.0064% | 4h | 0.7228 | +0.097% | $185K | $260K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7217 | −0.057% | $9K | — | 3x | as long as short |
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Aster ETHFIUSDT
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7229 | +0.118% | $1.1M | $896K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7231 | +0.144% | $18.3M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7222 | +0.014% | $18.3M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7226 | +0.069% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7229 | +0.111% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7231 | +0.138% | $1.2M | $273K | 50x | as long as short |
| Bitget ETHFIUSDTshort | +0.0100% | 4h | 0.7223 | +0.028% | $6.2M | $5.7M | 75x | |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7223 | +0.028% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7219 | −0.034% | $1.0M | $747K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7227 | +0.084% | $60K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7224 | +0.042% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0124% | 4h | 0.7237 | +0.222% | $1.3M | $295K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.222% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0548% | 1h | 0.7232 | +0.154% | $279K | $159K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD