ETHFI funding rates and arbitrage

ETHFI perpetuals trade on 22 contracts across 18 venues, forming 227 cross-venue arbitrage pairs. By net APR the current best pair is long WhiteBIT against short Coinbase, netting +832.22%, though note the legs settle on different cadences (4h / 1h)ใ€‚

ETHFI perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BinanceETHFIUSDTUSDT4h0.0050%+10.95%+10.44%$30.5M0.67380
LBankETHFIUSDTUSDT4h0.0050%+10.95%+10.43%$15.9M0.67370
BingXETHFI-USDTUSDT4h0.0050%+10.95%+10.95%$13.1M0.67340
OKXETHFI-USDT-SWAPUSDT4h0.0050%+10.95%+10.88%$9.7M0.67390
BybitETHFIUSDTUSDT4h0.0050%+10.95%+7.60%$7.0M0.67390
MEXCETHFI_USDTUSDT4h0.0050%+10.95%+10.42%$4.9M0.67370
WhiteBITETHFI_PERPUSDT4h-0.0236%-51.70%-71.82%$3.2M0.67330
HyperliquidETHFIUSDC1h0.0013%+10.95%+10.95%$3.1M0.67440
BitgetETHFIUSDTUSDT4h-0.0118%-25.84%-8.72%$2.9M0.67340
GateETHFI_USDTUSDT4h0.0047%+10.29%+8.51%$1.8M0.67390
BinanceETHFIUSDCUSDC4h0.0050%+10.95%+10.95%$1.5M0.67308
BingXETHFI-USDCUSDC4h0.0050%+10.95%+10.95%$1.2M0.67350
LighterETHFIUSDC1h0.0012%+10.51%+10.51%$460K0.67366
DeribitETHFI_USDC-PERPETUALUSDC8h0.0092%+10.09%-8.21%$385K0.67390
KuCoinETHFIUSDTMUSDT4h0.0045%+9.86%+10.90%$207K0.67380
KrakenPF_ETHFIUSDUSD1h-0.0004%-3.22%-5.36%$104K0.67323
BitgetETHFIPERPUSDC4h0.0050%+10.95%+10.95%$70K0.67310
AsterETHFIUSDTUSDT4h0.0050%+10.95%+10.90%$60K0.67442
BybitETHFIPERPUSDC8h0.0100%+10.95%+10.95%$28K0.67370
HTXETHFI-USDTUSDT4h0.0050%+10.95%+10.95%$19K0.67380
Crypto.comETHFIUSD-PERPUSD4h0.0027%+5.82%+10.86%$4K0.67350
CoinbaseETHFI-PERPUSDC1h0.0891%+780.52%+780.52%$00.76110

ETHFI cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
WhiteBIT USDTCoinbase USDC+832.22%2.2801%+852.33%4h / 1h$0
Bitget USDTCoinbase USDC+806.36%2.2092%+789.23%4h / 1h$0
Kraken USDCoinbase USDC+783.74%2.1472%+785.88%1h matched$0
Crypto.com USDCoinbase USDC+774.69%2.1224%+769.66%4h / 1h$0
KuCoin USDTCoinbase USDC+770.66%2.1114%+769.61%4h / 1h$0
Deribit USDCCoinbase USDC+770.42%2.1108%+788.72%8h / 1h$0
Gate USDTCoinbase USDC+770.22%2.1102%+772.00%4h / 1h$0
Lighter USDCCoinbase USDC+770.00%2.1096%+770.00%1h matched$0
Aster USDTCoinbase USDC+769.57%2.1084%+769.61%4h / 1h$0
Binance USDCCoinbase USDC+769.57%2.1084%+769.57%4h / 1h$0
Binance USDTCoinbase USDC+769.57%2.1084%+770.08%4h / 1h$0
BingX USDCCoinbase USDC+769.57%2.1084%+769.57%4h / 1h$0

Ether.fi project profile

Key facts
Total
965.35M
Max supply
1.00B
Type
Token
Market cap rank
#101
Decentralized Finance (DeFi)Binance LaunchpoolArbitrum EcosystemEthereum EcosystemBase EcosystemScroll EcosystemRestakingLiquid Restaking Governance Tokens
Contract addresses
ethereum0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb
base0x6c240dda6b5c336df09a4d011139beaaa1ea2aa2
arbitrum0x7189fb5b6504bbff6a852b13b7b82a3c118fdc27
scroll0x056a5fa5da84ceb7f93d36e545c5905607d8bd81
About

ether.fi is a modern crypto neobank that replaces the traditional consumer bank. Users can save, grow, and spend their crypto through one connected experience. Common use cases include buying tokens, earning on crypto through vaults, sending money globally through fiat on and off ramps, and purchasing every day goods through a credit card. Behind that experience is crypto-native, non-custodial infrastructure that keeps users in control of their assets. Rather than separating investments from everyday finances, ether.fi makes it possible to put assets to work, access liquidity against them, and use them in daily life from the same platform. Stake provides access to Ethereum staking while keeping positions liquid and usable. Liquid automates onchain strategies designed to generate variable yield across eligible assets. Cash supports card spending and payments. Trading, transfers, and collateralized borrowing bring additional flexibility, giving users more ways to manage and use their wealth without first selling their holdings. With more than $3 billion in assets across the platform, ether.fi combines the technical foundation of a leading DeFi protocol with the simplicity and utility

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

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