Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Variational Omni−0.206%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.206%, 7d avg +0.011%
=Together, before fees+0.161%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.217% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.206% now, against its 7-day average of +0.011%). If the spread goes back, that is −$22 on $10k: about 2.7 days of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.015% in total) that is about 51 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.015% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETHFI | 0.6929 | −0.0168 | get 0.0084% / 4h | 1h 31m | $921K | $778K | — |
| Short | SunX ETHFI-USDT | 0.6915 | 0.0100 | get 0.0050% / 4h | 1h 31m | $2K | $1.1M | 20x |
Variational Omni ETHFI
SunX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $56.21
- Price spread: −0.206% → +0.011%
- −$21.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $26.53
- Costs to cover
- 0.080%
- Break-even
- 3.7 days
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; SunX: live order book, 1 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, 47 min ago | 4.29 bp | doesn't fit | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 500.33 bp | doesn't fit | doesn't fit | 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 | −0.0473% | 1h | 0.6908 | −0.307% | $40K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0416% | 4h | 0.6904 | −0.365% | $82K | $175K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0284% | 4h | 0.6906 | −0.336% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFIlong | −0.0168% | 4h | 0.6929 | long leg | $921K | $778K | — | |
| Extended ETHFI-USD | −0.0040% | 1h | 0.6924 | −0.072% | $94K | $506K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0039% | 4h | 0.6921 | −0.115% | $24.0M | $36.2M | 75x | as long as short |
| MEXC ETHFI_USDT | −0.0036% | 4h | 0.6925 | −0.062% | $15.7M | $4.2M | 125x | as long as short |
| Bybit ETHFIUSDT | −0.0031% | 4h | 0.6929 | −0.004% | $17.3M | $13.1M | 25x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0023% | 8h | 0.6917 | −0.177% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.484% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDT
Bybit ETHFIUSDT
Paradex ETHFI-USD-PERP
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 | 0.6904 | −0.371% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6924 | −0.076% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6921 | −0.124% | $16.6M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6922 | −0.105% | $177K | $262K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6934 | +0.068% | $5.1M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6929 | −0.004% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6922 | −0.105% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6924 | −0.076% | $6.0M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6926 | −0.047% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6915 | −0.203% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDTshort | +0.0100% | 4h | 0.6915 | −0.206% | $2K | $1.1M | 20x | |
| BloFin ETHFI-USDT | +0.0202% | 4h | 0.6914 | −0.221% | $1.2M | $238K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +1.973% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1699% | 1h | 0.6923 | −0.090% | $288K | $297K | 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
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD