ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.049%

Price spread now: Hotstuff against Aevo+0.068%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Hotstuff

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 airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.068% dearer against Aevo than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ETH-PERP	2,774.8	0.0048	pay 0.0006% / 1h	17m 53s	$5.0M	$636K	20x
Short	Hotstuff ETH-PERP	2,776.7	−0.0080	pay 0.0010% / 1h	17m 53s	$5K	$2K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Aevo. 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 AevobpFee HotstuffbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$26.88
Price spread: +0.068% → 0.000%: $6.77
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$41.11
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 1 min ago; Hotstuff: 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 Aevo live order book, 1 min ago	14.97 bp	23.5 bp −$24	31.3 bp −$313	52.3 bp −$5,231	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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.

ETH on 55 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
Perpl ETH	−0.0112%	43m	2,775.9	+0.040%	$289K	$6.9M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,776.6	+0.064%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERPshort	−0.0080%	1h	2,776.7	+0.068%	$5K	$2K	50x
01 Exchange ETHUSD	−0.0048%	1h	2,776.1	+0.046%	$172K	$1.2M	50x	as long as short
Phoenix ETH	−0.0023%	1h	2,778.2	+0.122%	$859K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,776.1	+0.046%	$5.8M	$11.7M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,776.5	+0.059%	$12.7M	$45.5M	50x	as long as short
Aftermath Perps ETHUSD	+0.0002%	1h	2,775.8	+0.036%	$29K	$22K	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,776.7	+0.068%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0014%	8h	2,776	+0.042%	$267.3M	$66.0M	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0022%	8h	2,776.2	+0.051%	$1.71B	$11.92B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,776.7	+0.068%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0038%	8h	2,776.4	+0.057%	$256.8M	$995.3M	200x	as long as short
ApeX Omni ETHUSDT	+0.0040%	1h	2,777.7	+0.103%	$8.8M	$32.6M	100x	as long as short
MEXC ETH_USDT	+0.0048%	8h	2,777.2	+0.086%	$1.60B	$2.68B	500x	as long as short
Aevo ETH-PERPlong	+0.0048%	1h	2,774.8	long leg	$5.0M	$636K	20x
Binance ETHUSDT	+0.0049%	8h	2,776.6	+0.063%	$6.45B	$17.22B	150x	as long as short
Deribit ETH-PERPETUAL	+0.0060%	1h	2,777.7	+0.104%	$258.5M	$225.0M	50x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,776.1	+0.047%	$3.29B	$9.67B	200x	as long as short
Bitget ETHUSDT	+0.0075%	8h	2,776.9	+0.073%	$2.10B	$3.13B	150x	as long as short
Bullet ETH-USD	+0.0083%	1h	2,776	+0.042%	$184K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0096%	8h	2,776.8	+0.070%	$141.1M	$320.7M	—	as long as short
Lighter ETH	+0.0096%	1h	2,776.5	+0.062%	$115.2M	$514.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,778	+0.114%	$25.4M	$122.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,776.8	+0.073%	—	$41.7M	500x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,775.4	+0.022%	$15.9M	$10.8M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,776.4	+0.057%	$488K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,775.9	+0.040%	$15.3M	$117.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,778.4	+0.129%	$3.20B	$2.39B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,776.2	+0.050%	$31.3M	$289.2M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,776.3	+0.055%	$2.52B	$4.64B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,775.3	+0.017%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,777.7	+0.105%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,778.1	+0.118%	$165.4M	$253.6M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,776.7	+0.068%	$423.0M	$742.0M	100x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,775.6	+0.028%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,776.4	+0.056%	$15.4M	$42.8M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,777.5	+0.097%	$178.5M	$793.2M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,777	+0.080%	$161.6M	$97.3M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,776.8	+0.071%	$21.4M	$57.8M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,776.6	+0.066%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,777.4	+0.093%	$10.8M	$7.8M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,776.8	+0.072%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,778.4	+0.128%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,775.3	+0.018%	$973K	$14.2M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,776	+0.042%	$55.3M	$228.6M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,775.5	+0.024%	$1.08B	$1.32B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	2,776.2	+0.048%	$31.4M	$75.9M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,777.7	+0.104%	$60.1M	$4.63B	50x	as long as short
Kalshi KXETHPERP	+0.0121%	8h	2,777	+0.078%	$8.5M	$674.1M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0133%	8h	2,778.9	+0.145%	$32.6M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0169%	8h	2,776.1	+0.045%	$284.2M	$195.8M	150x	as long as short
Reya ETHRUSDPERP	+0.0183%	1h	2,775.8	+0.035%	$7.4M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,777.4	+0.093%	$86.8M	$330.9M	100x	as long as short
Hibachi ETH/USDT-P	+0.0440%	1h	2,778.5	+0.134%	$283K	$1.5M	20x	as long as short