ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h −0.003%

Price spread now: Bybit against KuCoin0.000%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1491.486% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days+0.083%+$8 · spread now 0.000%, 7d avg +0.016%

Together, before fees+0.013%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ETHFIUSDTM	0.7188	0.0100	pay 0.0050% / 4h	3h 30m	$1.2M	$270K	50x
Short	Bybit ETHFIUSDT	0.7188	−0.0036	pay 0.0018% / 4h	3h 30m	$18.2M	$12.8M	25x

Funding history

latest

Range statsloading…

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	8.36 bp	56.3 bp −$56	163.6 bp −$1,636	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.39 bp	18.7 bp −$19	43.8 bp −$438	doesn't fit	doesn't fit

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	−0.0954%	4h	0.7171	−0.237%	$83K	$159K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0306%	1h	0.7191	+0.042%	$41K	$13K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0200%	4h	0.7187	−0.014%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0061%	4h	0.7188	−0.002%	$1.0M	$728K	—	as long as short
Bybit ETHFIUSDTshort	−0.0036%	4h	0.7188	0.000%	$18.2M	$12.8M	25x
Paradex ETHFI-USD-PERP	−0.0034%	8h	0.7187	−0.015%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.723%	$321	$51K	5.5x	as long as short
Extended ETHFI-USD	+0.0040%	1h	0.7182	−0.087%	$100K	$467K	10x	as long as short
MEXC ETHFI_USDT	+0.0042%	4h	0.7186	−0.028%	$15.4M	$3.8M	125x	as long as short
Binance ETHFIUSDT	+0.0045%	4h	0.7184	−0.056%	$25.1M	$36.8M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ETHFI-PERP	+0.0088%	1h	0.7185	−0.038%	$9K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7197	+0.122%	$1.1M	$894K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7192	+0.054%	$18.0M	$8.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7188	0.000%	$184K	$258K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7195	+0.097%	$5.0M	$12.5M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7193	+0.070%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTMlong	+0.0100%	4h	0.7188	long leg	$1.2M	$270K	50x
Bitget ETHFIUSDT	+0.0100%	4h	0.7186	−0.028%	$6.1M	$5.6M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7191	+0.042%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7190	+0.032%	$71K	$116K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7191	+0.042%	$2K	$1.1M	20x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0168%	1h	0.7237	+0.682%	$32K	$6K	50x	as long as short
BloFin ETHFI-USDT	+0.0170%	4h	0.7187	−0.014%	$1.3M	$272K	75x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0220%	1h	0.7196	+0.112%	$273K	$164K	20x	as long as short