Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.030%
Price spread now: Extended against Paradex+0.101%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.101% dearer against Paradex than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.6940 | −0.0091 | get 0.0091% / 8h | 19m 21s | $6K | — | 5x |
| Short | Extended ETHFI-USD | 0.6947 | −0.0016 | pay 0.0002% / 1h | 19m 21s | $94K | $503K | 10x |
Paradex ETHFI-USD-PERP
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Paradex. 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
- $15.67
- Price spread: +0.101% → 0.000%
- $10.1
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $16.77
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Extended: live order book, 18 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 18 min ago | 3.32 bp | 18.0 bp −$18 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0415% | 4h | 0.6936 | −0.059% | $82K | $150K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0325% | 1h | 0.6951 | +0.158% | $41K | $11K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0290% | 4h | 0.6946 | +0.086% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0201% | 4h | 0.6915 | −0.357% | $911K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERPlong | −0.0091% | 8h | 0.6940 | long leg | $6K | — | 5x | |
| Bybit ETHFIUSDT | −0.0054% | 4h | 0.6947 | +0.100% | $17.1M | $13.0M | 25x | as long as short |
| Extended ETHFI-USDshort | −0.0016% | 1h | 0.6947 | +0.101% | $94K | $503K | 10x | |
| MEXC ETHFI_USDT | −0.0016% | 4h | 0.6946 | +0.086% | $15.7M | $4.2M | 125x | as long as short |
| Binance ETHFIUSDT | −0.0014% | 4h | 0.6948 | +0.108% | $24.2M | $36.3M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.322% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6946 | +0.085% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6954 | +0.205% | $1.1M | $828K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6954 | +0.199% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6946 | +0.092% | $178K | $253K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6954 | +0.201% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6951 | +0.158% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6947 | +0.100% | $1.2M | $224K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6947 | +0.100% | $6.1M | $4.8M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6950 | +0.143% | — | $10.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6955 | +0.221% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6943 | +0.042% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0226% | 4h | 0.6947 | +0.100% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0272% | 1h | 0.6990 | +0.720% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0822% | 1h | 0.6957 | +0.250% | $290K | $290K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD