ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0566%/8h= +62.0% APRnext payment +$0.71 per $10,000 · paid last 24h +0.151%

Price spread now: Extended against Deribit−0.083%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Extended

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 airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.083% cheaper against Deribit than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 12 hours of funding at the current rate (+$17 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ETHFI_USDC-PERPETUAL	0.7019	−0.0462	get 0.0058% / 1h	41m 54s	$40K	$12K	10x
Short	Extended ETHFI-USD	0.7013	0.0104	get 0.0013% / 1h	41m 54s	$95K	$378K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now −0.083%Rate

Funding earned: $118.83
Price spread: −0.083% → 0.000%: −$8.27
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $98.56
Costs to cover: 0.120%
Break-even: 1.2 days

Slippage unknown: Deribit: no order-book sample; Extended: live order book, 16 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 Extended live order book, 16 min ago	1.56 bp	17.7 bp −$18	160.7 bp −$1,607	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	−0.0462%	1h	0.7019	long leg	$40K	$12K	10x
Orderly PERP_ETHFI_USDC	−0.0216%	4h	0.7017	−0.028%	$16K	$1K	10x	as long as short
HTX ETHFI-USDT	−0.0182%	4h	0.6998	−0.299%	$86K	$168K	20x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+3.149%	$321	$51K	5.5x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0044%	1h	0.7027	+0.114%	$263K	$213K	20x	as long as short
Paradex ETHFI-USD-PERP	+0.0055%	8h	0.7013	−0.085%	$6K	—	5x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7025	+0.084%	$1.1M	$878K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7020	+0.017%	$17.4M	$8.1M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7024	+0.072%	$179K	$261K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7014	−0.073%	$24.4M	$35.4M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHFIUSDT	+0.0100%	4h	0.7019	0.000%	$17.6M	$12.6M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7024	+0.071%	$5.0M	$12.2M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7021	+0.028%	$1.7M	$1.9M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7014	−0.071%	$15.6M	$4.0M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7016	−0.043%	$1.2M	$244K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7015	−0.057%	$6.0M	$5.2M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7018	−0.014%	—	$26.0M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7025	+0.081%	$1.0M	$657K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7031	+0.170%	$70K	$118K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7023	+0.057%	$2K	$1.1M	20x	as long as short
Extended ETHFI-USDshort	+0.0104%	1h	0.7013	−0.083%	$95K	$378K	10x
Aevo ETHFI-PERP	+0.0104%	1h	0.7015	−0.057%	$8K	—	3x	as long as short
BloFin ETHFI-USDT	+0.0340%	4h	0.7023	+0.057%	$1.2M	$243K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0624%	1h	0.7046	+0.385%	$31K	$6K	50x	as long as short