Funding you earn now, next payment 22:00 UTC−0.0260%/8h= −28.4% APRpaid last 24h −0.054%
Price spread now: Orderly against Extended+0.001%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7140 | 0.0088 | pay 0.0011% / 1h | 10m 16s | $92K | $495K | 10x |
| Short | Orderly PERP_ETHFI_USDC | 0.7140 | −0.0172 | pay 0.0086% / 4h | 2h 10m | $16K | $1K | 10x |
Extended ETHFI-USD
Orderly PERP_ETHFI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Extended. 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
- −$54.54
- Price spread: +0.001% → 0.000%
- $0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$65.46
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 13 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 Extended live order book, 13 min ago | 1.89 bp | 16.1 bp −$16 | 138.4 bp −$1,384 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0589% | 1h | 0.7145 | +0.071% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0254% | 4h | 0.7128 | −0.167% | $83K | $165K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0213% | 1h | 0.7153 | +0.179% | $281K | $145K | 20x | as long as short |
| Orderly PERP_ETHFI_USDCshort | −0.0172% | 4h | 0.7140 | +0.001% | $16K | $1K | 10x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.401% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0041% | 8h | 0.7140 | +0.007% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDT | +0.0044% | 4h | 0.7138 | −0.027% | $6.1M | $5.6M | 75x | as long as short |
| Binance ETHFIUSDT | +0.0086% | 4h | 0.7140 | +0.004% | $24.8M | $37.0M | 75x | as long as short |
| Extended ETHFI-USDlong | +0.0088% | 1h | 0.7140 | long leg | $92K | $495K | 10x | |
| MEXC ETHFI_USDT | +0.0088% | 4h | 0.7139 | −0.013% | $15.1M | $3.9M | 125x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDT
Binance ETHFIUSDT
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7146 | +0.090% | $1.1M | $909K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7146 | +0.083% | $18.1M | $9.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7150 | +0.143% | $183K | $255K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7146 | +0.085% | $18.3M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7144 | +0.057% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7146 | +0.085% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7140 | +0.001% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7144 | +0.057% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7143 | +0.047% | $1.0M | $729K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7146 | +0.085% | $60K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7149 | +0.127% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7140 | −0.001% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7165 | +0.351% | $31K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0329% | 4h | 0.7129 | −0.153% | $1.3M | $293K | 75x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT