ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h −0.027%

Price spread now: Bullet against Aftermath Perps−0.118%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Bullet

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—needs both histories

Funding pays, the price is against you. Bullet is 0.118% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 17 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps ETHUSD	2,730.2	0.0077	pay 0.0010% / 1h	50m 55s	$30K	$20K	20x
Short	Bullet ETH-USD	2,727	0.0100	get 0.0013% / 1h	50m 55s	$180K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Aftermath Perps. 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 Aftermath PerpsbpFee BulletbpOrdersPrice spread, now −0.118%Rate

Funding earned: $4.8
Price spread: −0.118% → 0.000%: −$11.8
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$24
Costs to cover: 0.170%
Break-even: 42.0 days

Slippage unknown: Aftermath Perps: no order-book sample; Bullet: live order book, 3 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bullet live order book, 3 min ago	0.55 bp	5.2 bp −$5	8.7 bp −$87	doesn't fit	doesn't fit

Aftermath Perps: 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	2,725.6	−0.168%	$287K	$5.8M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,726.4	−0.139%	$5K	$1K	50x	as long as short
ApeX Omni ETHUSDT	−0.0072%	1h	2,727.4	−0.102%	$8.6M	$31.5M	100x	as long as short
Injective ETH/USDC PERP	−0.0040%	1h	2,729.2	−0.036%	$117K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,727.3	−0.107%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,729.8	−0.014%	$815K	$3.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,726.9	−0.121%	$10.5M	$42.9M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,727	−0.117%	$6.7M	$692.1M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,728.1	−0.078%	$261.8M	$213.2M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,727.3	−0.106%	$32.9M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ETH-USDT	+0.0009%	8h	2,727.2	−0.109%	$1.05B	$1.23B	200x	as long as short
01 Exchange ETHUSD	+0.0032%	1h	2,726.4	−0.139%	$191K	$892K	50x	as long as short
BingX ETH-USDC	+0.0034%	8h	2,728.4	−0.066%	—	$18.6M	—	as long as short
Bybit ETHUSDT	+0.0039%	8h	2,728.6	−0.059%	$2.34B	$4.42B	150x	as long as short
Aftermath Perps ETHUSDlong	+0.0077%	1h	2,730.2	long leg	$30K	$20K	20x
KuCoin ETHUSDTM	+0.0078%	8h	2,727.3	−0.105%	$375.1M	$576.1M	100x	as long as short
SunX ETH-USDT	+0.0087%	8h	2,725.3	−0.178%	$955K	$11.1M	100x	as long as short
SoDEX ETH-USD	+0.0090%	1h	2,727.3	−0.106%	$54.3M	$187.5M	40x	as long as short
Aster ETHUSDT	+0.0090%	8h	2,729	−0.043%	$252.2M	$849.5M	200x	as long as short
OKX ETH-USDT-SWAP	+0.0093%	8h	2,728.8	−0.050%	$1.66B	$10.93B	100x	as long as short
Lighter ETH	+0.0096%	1h	2,728.4	−0.066%	$112.1M	$432.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,729.1	−0.040%	$23.4M	$102.7M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,724.8	−0.197%	$4.9M	$161K	20x	as long as short
Binance ETHUSDT	+0.0098%	8h	2,729	−0.044%	$6.33B	$16.18B	150x	as long as short
MEXC ETH_USDT	+0.0099%	8h	2,728.4	−0.067%	$1.52B	$2.58B	500x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,725.8	−0.161%	$507K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,730.2	+0.002%	$15.3M	$8.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,726.4	−0.139%	$14.0M	$105.5M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,731.4	+0.044%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,727.1	−0.115%	$31.9M	$334.2M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,725.8	−0.161%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,726.7	−0.129%	$1.5M	$16.2M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,725.9	−0.157%	$161.8M	$340.3M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,729.1	−0.041%	$3.27B	$8.93B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,728.9	−0.047%	$2.08B	$2.79B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,728.7	−0.056%	$15.0M	$42.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,729.3	−0.032%	$134.0M	$326.1M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,727.6	−0.094%	$184.9M	$681.8M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,727.8	−0.087%	$158.5M	$87.7M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,727.5	−0.099%	$21.0M	$70.1M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,727.8	−0.086%	—	$879K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,728.2	−0.073%	$11.2M	$9.5M	50x	as long as short
Bullet ETH-USDshort	+0.0100%	1h	2,727	−0.118%	$180K	$1.7M	20x
Bluefin ETH-PERP	+0.0100%	1h	2,727.2	−0.110%	$22K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,729	−0.043%	$40.9M	$30.2M	15x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,728.1	−0.076%	$263.0M	$65.1M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,728.1	−0.077%	$30.3M	$74.2M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,726.7	−0.127%	—	$30.6M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,729	−0.045%	$50.2M	$4.32B	50x	as long as short
RISEx ETH/USDC	+0.0115%	1h	2,726.6	−0.130%	$5.6M	$11.8M	25x	as long as short
Orderly PERP_ETH_USDC	+0.0187%	8h	2,729.4	−0.030%	$32.1M	$11.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0194%	1h	2,725.9	−0.155%	$7.3M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0211%	1h	2,728.4	−0.066%	$83.3M	$311.2M	100x	as long as short
Hibachi ETH/USDT-P	+0.0272%	1h	2,728.4	−0.067%	$245K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0392%	8h	2,728.3	−0.069%	$282.1M	$175.1M	150x	as long as short