ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0174%/8h= +19.1% APRpaid last 24h +0.086%

Price spread now: Coinbase International against Variational Omni+0.093%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.093% dearer against Variational Omni than usual: you sell high and buy low: +$9 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	Variational Omni ETHFI	0.7194	−0.0014	get 0.0007% / 4h	2h 25m	$1.1M	$708K	—
Short	Coinbase International ETHFI-PERP-INTX	0.7201	0.0160	get 0.0020% / 1h	25m 21s	$32K	$6K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.093%Rate

Funding earned: $36.62
Price spread: +0.093% → 0.000%: $9.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $35.91
Costs to cover: 0.100%
Break-even: 0.1 days

Slippage unknown: Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago	4.18 bp	doesn't fit	41.8 bp −$418	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 23 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	−0.0285%	4h	0.7184	−0.143%	$88K	$169K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0202%	4h	0.7200	+0.079%	$16K	$1K	10x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0166%	1h	0.7205	+0.149%	$41K	$13K	10x	as long as short
Variational Omni ETHFIlong	−0.0014%	4h	0.7194	long leg	$1.1M	$708K	—
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.635%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0050%	8h	0.7193	−0.012%	$6K	—	5x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7212	+0.243%	$1.1M	$887K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7215	+0.281%	$18.2M	$8.4M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7200	+0.079%	$184K	$258K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7202	+0.107%	$25.1M	$36.0M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHFIUSDT	+0.0100%	4h	0.7204	+0.135%	$18.1M	$12.5M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7206	+0.162%	$5.0M	$12.3M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7203	+0.121%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7197	+0.037%	$15.5M	$4.0M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7200	+0.079%	$1.2M	$256K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7199	+0.065%	$6.1M	$5.4M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7204	+0.135%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7219	+0.340%	$72K	$118K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7207	+0.176%	$1K	$1.1M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7196	+0.025%	$97K	$383K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7197	+0.039%	$9K	—	3x	as long as short
Coinbase International ETHFI-PERP-INTXshort	+0.0160%	1h	0.7201	+0.093%	$32K	$6K	50x
Kraken Futures PF_ETHFIUSD	+0.0225%	1h	0.7209	+0.203%	$274K	$181K	20x	as long as short