ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0236%/8h= +25.8% APRnext payment +$0.29 per $10,000 · paid last 24h +0.065%

Price spread now: Coinbase International against Polymarket Perps+0.029%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.029% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 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	Polymarket Perps ETHFI-USD	0.6988	0.0100	pay 0.0013% / 1h	47m 43s	$53K	$149K	5x
Short	Coinbase International ETHFI-PERP-INTX	0.6990	0.0336	get 0.0042% / 1h	47m 43s	$32K	$6K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.029%Rate

Funding earned: $49.56
Price spread: +0.029% → 0.000%: $2.86
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $34.42
Costs to cover: 0.180%
Break-even: 2.1 days

Slippage unknown: Polymarket Perps: live order book, 15 min ago; Coinbase International: 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 Polymarket Perps live order book, 15 min ago	2.87 bp	12.0 bp −$12	1601.9 bp −$16.0K	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.0322%	1h	0.6984	−0.057%	$41K	$12K	10x	as long as short
HTX ETHFI-USDT	−0.0291%	4h	0.6973	−0.215%	$83K	$149K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0284%	4h	0.6980	−0.114%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0278%	4h	0.6973	−0.210%	$927K	$795K	—	as long as short
Bybit ETHFIUSDT	−0.0148%	4h	0.6983	−0.072%	$17.1M	$12.9M	25x	as long as short
Paradex ETHFI-USD-PERP	−0.0116%	8h	0.6981	−0.094%	$6K	—	5x	as long as short
Extended ETHFI-USD	0.0000%	1h	0.6980	−0.113%	$95K	$505K	10x	as long as short
MEXC ETHFI_USDT	+0.0002%	4h	0.6984	−0.057%	$15.9M	$4.1M	125x	as long as short
Binance ETHFIUSDT	+0.0004%	4h	0.6983	−0.072%	$24.4M	$36.0M	75x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+3.606%	$321	$51K	5.5x	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	+0.0080%	1h	0.6980	−0.114%	$8K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.6995	+0.103%	$1.1M	$826K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.6989	+0.019%	$16.7M	$8.6M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.6984	−0.055%	$179K	$224K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.6991	+0.043%	$5.1M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.6987	−0.014%	$1.7M	$1.9M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.6983	−0.072%	$1.2M	$214K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.6984	−0.057%	$6.1M	$4.7M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.6986	−0.029%	—	$10.7M	—	as long as short
Polymarket Perps ETHFI-USDlong	+0.0100%	1h	0.6988	long leg	$53K	$149K	5x
SunX ETHFI-USDT	+0.0100%	4h	0.6994	+0.086%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0202%	4h	0.6980	−0.114%	$1.2M	$233K	75x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0336%	1h	0.6990	+0.029%	$32K	$6K	50x
Kraken Futures PF_ETHFIUSD	+0.0864%	1h	0.6997	+0.135%	$292K	$283K	20x	as long as short