Funding you earn now, next payment 22:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.011%
Price spread now: Extended against Variational Omni+0.401%7-day average −0.141% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)−1.778%−$178 · spread now +0.401%, 7d avg −0.141%
=Together, before fees−1.764%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$176 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.542% dearer against Variational Omni than usual: you sell high and buy low (spread +0.401% now, against its 7-day average of −0.141%): +$54 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETHFI | 0.7115 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $1.0M | $718K | — |
| Short | Extended ETHFI-USD | 0.7143 | 0.0088 | get 0.0011% / 1h | 23m 58s | $92K | $495K | 10x |
Variational Omni ETHFI
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.52
- Price spread: +0.401% → −0.141%
- $54.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $46.68
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Extended: live order book, 63 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 Variational Omni RFQ quote, just now | 4.90 bp | doesn't fit | 46.9 bp −$469 | doesn't fit | doesn't fit |
| Sell Extended live order book, 63 min ago | 2.13 bp | 17.2 bp −$17 | 140.9 bp −$1,409 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0589% | 1h | 0.7149 | +0.481% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0213% | 1h | 0.7155 | +0.564% | $282K | $144K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0165% | 4h | 0.7147 | +0.453% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0091% | 4h | 0.7133 | +0.256% | $83K | $165K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0028% | 8h | 0.7143 | +0.403% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.760% | $321 | $51K | 5.5x | as long as short |
| Bitget ETHFIUSDT | +0.0036% | 4h | 0.7142 | +0.383% | $6.1M | $5.6M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0086% | 4h | 0.7144 | +0.411% | $15.2M | $3.8M | 125x | as long as short |
| Extended ETHFI-USDshort | +0.0088% | 1h | 0.7143 | +0.401% | $92K | $495K | 10x | |
| Binance ETHFIUSDT | +0.0088% | 4h | 0.7144 | +0.411% | $24.9M | $36.9M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bitget ETHFIUSDT
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7149 | +0.486% | $1.1M | $909K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7150 | +0.502% | $18.3M | $8.8M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7151 | +0.510% | $183K | $255K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7151 | +0.509% | $18.3M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7150 | +0.495% | $4.9M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7147 | +0.453% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7143 | +0.397% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7146 | +0.439% | — | $1.2M | — | as long as short |
| Variational Omni ETHFIlong | +0.0100% | 4h | 0.7115 | long leg | $1.0M | $718K | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7144 | +0.411% | $60K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7148 | +0.467% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7145 | +0.425% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7157 | +0.594% | $31K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0326% | 4h | 0.7129 | +0.200% | $1.3M | $296K | 75x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT