Funding you earn now, next payment 03:00 UTC−0.0205%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h +0.113%
Price spread now: Aevo against Kraken Futures−0.165%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Aevo is 0.165% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETHFIUSD | 0.7062 | 0.0309 | pay 0.0039% / 1h | 6m 12s | $263K | $212K | 20x |
| Short | Aevo ETHFI-PERP | 0.7050 | 0.0104 | get 0.0013% / 1h | 6m 12s | $8K | — | 3x |
Kraken Futures PF_ETHFIUSD
Aevo ETHFI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- −$43.07
- Price spread: −0.165% → 0.000%
- −$16.45
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$85.52
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 56 min ago; Aevo: 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 Kraken Futures live order book, 56 min ago | 5.58 bp | 26.7 bp −$27 | 129.2 bp −$1,292 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0458% | 1h | 0.7054 | −0.108% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0208% | 4h | 0.7051 | −0.150% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0057% | 4h | 0.7045 | −0.235% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.526% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0072% | 8h | 0.7063 | +0.024% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7064 | +0.028% | $1.1M | $890K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7061 | −0.006% | $17.6M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7056 | −0.080% | $180K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7052 | −0.136% | $24.6M | $35.7M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7058 | −0.051% | $17.7M | $12.6M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7062 | +0.005% | $4.9M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7058 | −0.051% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7057 | −0.065% | $15.7M | $4.1M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7049 | −0.179% | $1.2M | $251K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7050 | −0.165% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7058 | −0.051% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7112 | +0.715% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7061 | −0.009% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7048 | −0.195% | $96K | $379K | 10x | as long as short |
| Aevo ETHFI-PERPshort | +0.0104% | 1h | 0.7050 | −0.165% | $8K | — | 3x | |
| Kraken Futures PF_ETHFIUSDlong | +0.0309% | 1h | 0.7062 | long leg | $263K | $212K | 20x | |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7088 | +0.374% | $1.2M | $248K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0383% | 1h | 0.7070 | +0.120% | $70K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7058 | −0.051% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX