ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.014%

Price spread now: Gate against Lighter−0.104%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$840.841% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$17 on $10k

Price spread, last 7 days+0.027%+$3 · spread now −0.104%, 7d avg −0.096%

Together, before fees−0.138%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ETHFI	0.7047	0.0096	pay 0.0012% / 1h	53m 40s	$1.1M	$841K	5x
Short	Gate ETHFI_USDT	0.7040	0.0100	get 0.0050% / 4h	3h 53m	$1.7M	$1.9M	75x

Funding history

latest

Range statsloading…

Gate against Lighter. 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 LighterbpFee GatebpOrdersPrice spread, now −0.104%Rate

Slippage from Lighter: live order book, 2 min ago; Gate: live order book, 4 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 2 min ago	8.29 bp	14.0 bp −$14	90.1 bp −$901	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.42 bp	27.7 bp −$28	187.0 bp −$1,870	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	−0.0906%	4h	0.7056	+0.123%	$87K	$171K	20x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0603%	1h	0.7028	−0.274%	$40K	$11K	10x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0305%	1h	0.7031	−0.230%	$263K	$209K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0238%	4h	0.7026	−0.302%	$16K	$1K	10x	as long as short
Paradex ETHFI-USD-PERP	+0.0001%	8h	0.7059	+0.172%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+2.734%	$321	$51K	5.5x	as long as short
Variational Omni ETHFI	+0.0065%	4h	0.7037	−0.149%	$980K	$703K	—	as long as short
Binance ETHFIUSDT	+0.0087%	4h	0.7039	−0.118%	$24.4M	$35.1M	75x	as long as short
Extended ETHFI-USD	+0.0088%	1h	0.7031	−0.231%	$95K	$379K	10x	as long as short
MEXC ETHFI_USDT	+0.0090%	4h	0.7030	−0.245%	$15.9M	$4.0M	125x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ETHFIlong	+0.0096%	1h	0.7047	long leg	$1.1M	$841K	5x
Hyperliquid ETHFI	+0.0100%	1h	0.7042	−0.075%	$17.5M	$7.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7041	−0.084%	$180K	$224K	10x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7041	−0.089%	$17.6M	$12.6M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7044	−0.047%	$5.1M	$12.3M	20x	as long as short
Gate ETHFI_USDTshort	+0.0100%	4h	0.7040	−0.104%	$1.7M	$1.9M	75x
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7035	−0.175%	$1.2M	$229K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7036	−0.160%	$6.0M	$5.2M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7041	−0.089%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7042	−0.077%	$70K	$118K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7035	−0.175%	$1K	$1.1M	20x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7027	−0.283%	$8K	—	3x	as long as short
BloFin ETHFI-USDT	+0.0330%	4h	0.7056	+0.123%	$1.2M	$244K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0544%	1h	0.7075	+0.393%	$31K	$6K	50x	as long as short