# ETHFI funding rates and arbitrage

Updated 2026-10-29 17:19 UTC · https://afterfees.xyz/coin/ETHFI

## Best ETHFI arbitrage after every cost

No ETHFI pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## ETHFI funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | ETHFIUSD-PERP | 0.0063% | 1 h | +55.2% | +37.8% | $70.7K | 2026-10-29 18:00 |
| [Extended](https://afterfees.xyz/venues/extended) | ETHFI-USD | 0.0013% | 1 h | +11.4% | +4.6% | $309.5K | 2026-10-29 18:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ETHFIUSDTM | 0.0050% | 4 h | +10.9% | +8.7% | $865.9K | 2026-10-29 20:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | ETHFIUSDT | 0.0050% | 4 h | +10.9% | +4.6% | — | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | ETHFI_USDT | 0.0050% | 4 h | +10.9% | +4.7% | $5.5M | 2026-10-29 20:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ETHFI_PERP | 0.0050% | 4 h | +10.9% | +11.1% | $5.4M | 2026-10-29 20:00 |
| [OKX](https://afterfees.xyz/venues/okx) | ETHFI-USDT-SWAP | 0.0050% | 4 h | +10.9% | +6.3% | $5.1M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | ETHFIUSDT | 0.0050% | 4 h | +10.9% | +7.2% | $5.5M | 2026-10-29 20:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_ETHFI_USDT | 0.0050% | 4 h | +10.9% | +4.7% | $336 | 2026-10-29 20:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | ETHFIUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| [HTX](https://afterfees.xyz/venues/htx) | ETHFI-USDT | 0.0050% | 4 h | +10.9% | +11.1% | $51.4K | 2026-10-29 20:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | ETHFI-USDT | 0.0050% | 4 h | +10.9% | +10.6% | $5.4M | 2026-10-29 20:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | ETHFIUSDT | 0.0050% | 4 h | +10.9% | +4.3% | $15.5M | 2026-10-29 20:00 |
| [Aster](https://afterfees.xyz/venues/aster) | ETHFIUSDT | 0.0050% | 4 h | +10.9% | +10.2% | $233.2K | 2026-10-29 20:00 |
| [Variational](https://afterfees.xyz/venues/variational) | ETHFI-PERP | 0.0050% | 4 h | +10.9% | — | $571.9K | 2026-10-29 20:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | ETHFI-USDC | 0.0013% | 1 h | +10.9% | — | $157.1K | 2026-10-29 18:00 |
| [Binance](https://afterfees.xyz/venues/binance) | ETHFIUSDT | 0.0050% | 4 h | +10.9% | +4.7% | $23.7M | 2026-10-29 20:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ETHFI | 0.0013% | 1 h | +10.9% | +10.8% | $9.8M | 2026-10-29 18:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | ETHFI-USD-PERP | 0.0099% | 8 h | +10.9% | — | $5.4K | 2026-10-30 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | ETHFI-USDT | 0.0048% | 4 h | +10.6% | +17.3% | $1M | 2026-10-29 20:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | ETHFI | 0.0012% | 1 h | +10.5% | +8.2% | $779.9K | 2026-10-29 18:00 |
| [Gate](https://afterfees.xyz/venues/gate) | ETHFI_USDT | -0.0068% | 4 h | −14.9% | +5.0% | $6.7M | 2026-10-29 20:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_ETHFIUSD | -0.0191% | 1 h | −167.4% | +46.2% | $303K | 2026-10-29 18:00 |

## Borrow ETHFI to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 3.24% | — |
| Binance | 10.31% | — |
| Bybit | 11.20% | — |
| OKX | 12.89% | — |
| Gate | 13.44% | $120K |

## Cost to enter $10,000 of ETHFI

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ETHFI_USDT | 6.3 bp | live order book |
| BingX | ETHFI-USDT | 7.9 bp | order-book snapshot, 113 min old |
| Extended | ETHFI-USD | 12.0 bp | order-book snapshot, 20 min old |
| Gate | ETHFI_USDT | 25.7 bp | live order book |
| Lighter | ETHFI | 0.9 bp | top of book only |
| Variational | ETHFI-PERP | 5.2 bp | top of book only |
| OKX | ETHFI-USDT-SWAP | 5.7 bp | top of book only |
| Binance | ETHFIUSDT | 5.7 bp | top of book only |
| Bybit | ETHFIUSDT | 6.2 bp | top of book only |
| Bitget | ETHFIUSDT | 8.2 bp | top of book only |
| BloFin | ETHFI-USDT | 9.0 bp | top of book only |
| OKX | ETHFI-USDT (spot) | 11.5 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on ETHFI

- [Borrow ETHFI: rates on every exchange](https://afterfees.xyz/borrow/ETHFI)

## Questions

**Is ETHFI funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no ETHFI pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest ETHFI funding rate?**

Crypto.com at +55.2% a year (0.0063% every 1 h); the lowest is Kraken at −167.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._