Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.001%
Price spread now: Extended against KuCoin+0.007%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1401.403% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.007%, 7d avg −0.092%
=Together, before fees−0.230%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.099% dearer against KuCoin than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.092%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days. At the pace of the last 7 days (−0.007% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7204 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $1.2M | $267K | 50x |
| Short | Extended ETHFI-USD | 0.7205 | 0.0048 | get 0.0006% / 1h | 25m 51s | $100K | $392K | 10x |
KuCoin ETHFIUSDTM
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- −$10.92
- Price spread: +0.007% → −0.092%
- $9.94
- Slippage, 4 orders
- −$123.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$141.25
- Costs to cover
- 1.403%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 47 min ago.
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 KuCoin live order book, 4 min ago | 5.56 bp | 56.1 bp −$56 | 173.3 bp −$1,733 | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 2.10 bp | 16.1 bp −$16 | 127.1 bp −$1,271 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0974% | 4h | 0.7189 | −0.208% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0304% | 1h | 0.7210 | +0.083% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0202% | 4h | 0.7204 | 0.000% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0053% | 4h | 0.7206 | +0.025% | $1.0M | $728K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0024% | 8h | 0.7201 | −0.041% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.500% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USDshort | +0.0048% | 1h | 0.7205 | +0.007% | $100K | $392K | 10x | |
| MEXC ETHFI_USDT | +0.0048% | 4h | 0.7207 | +0.042% | $15.4M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0050% | 4h | 0.7208 | +0.056% | $25.2M | $36.7M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7218 | +0.193% | $1.1M | $894K | 5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7206 | +0.025% | $9K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7217 | +0.185% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7210 | +0.077% | $184K | $258K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7210 | +0.083% | $18.2M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7215 | +0.153% | $5.0M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7214 | +0.139% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7204 | long leg | $1.2M | $267K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7207 | +0.042% | $6.1M | $5.6M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7211 | +0.097% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7205 | +0.019% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7211 | +0.097% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.458% | $32K | $6K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0198% | 4h | 0.7184 | −0.278% | $1.3M | $272K | 75x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0219% | 1h | 0.7218 | +0.190% | $274K | $164K | 20x | as long as short |
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT
Kraken Futures PF_ETHFIUSD