ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%

Price spread now: Hibachi against Aftermath Perps+0.119%58s7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Hibachi

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 airdropHibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hibachi is 0.119% dearer against Aftermath Perps than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps ETHUSD	2,772.8	0.0006	pay 0.0001% / 1h	53m 29s	$29K	$22K	20x
Short	Hibachi ETH/USDT-P	2,776.1	0.0032	get 0.0004% / 1h	53m 29s	$276K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi 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 HibachibpOrdersPrice spread, now +0.119%Rate

Funding earned: $5.55
Price spread: +0.119% → 0.000%: $11.86
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$0.59
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: Aftermath Perps: no order-book sample; Hibachi: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Hibachi live order book, 1 min ago	0.38 bp	7.3 bp −$7	12.6 bp −$126	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	−0.0447%	43m	2,772.5	−0.012%	$290K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,772.2	−0.023%	$5.7M	$12.1M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,774.7	+0.067%	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,773.8	+0.034%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,772.6	−0.009%	$169K	$1.2M	50x	as long as short
dYdX ETH-USD	0.0000%	1h	2,774.3	+0.052%	$12.7M	$45.5M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,775.6	+0.099%	$886K	$3.7M	25x	as long as short
Aftermath Perps ETHUSDlong	+0.0006%	1h	2,772.8	long leg	$29K	$22K	20x
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,774.3	+0.051%	$22.4M	—	200x	as long as short
BingX ETH-USDT	+0.0018%	8h	2,772.2	−0.023%	—	$1.18B	—	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	2,772	−0.030%	$1.71B	$11.87B	100x	as long as short
Phemex ETHUSDT	+0.0023%	8h	2,773.2	+0.011%	$267.2M	$65.9M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,774.4	+0.055%	$13.2M	—	200x	as long as short
Hibachi ETH/USDT-Pshort	+0.0032%	1h	2,776.1	+0.119%	$276K	$1.5M	20x
Aster ETHUSDT	+0.0033%	8h	2,773.6	+0.026%	$256.5M	$993.6M	200x	as long as short
Nado ETH-PERP	+0.0038%	1h	2,772.5	−0.012%	$14.3M	$118.9M	50x	as long as short
Deribit ETH-PERPETUAL	+0.0042%	1h	2,774.9	+0.074%	$258.4M	$225.0M	50x	as long as short
Bullet ETH-USD	+0.0045%	1h	2,771.4	−0.052%	$182K	$1.8M	20x	as long as short
Binance ETHUSDT	+0.0054%	8h	2,772.7	−0.007%	$6.43B	$17.19B	150x	as long as short
MEXC ETH_USDT	+0.0054%	8h	2,772.8	−0.001%	$1.61B	$2.63B	500x	as long as short
Aevo ETH-PERP	+0.0056%	1h	2,772.2	−0.023%	$5.0M	$636K	20x	as long as short
Bitget ETHUSDT	+0.0074%	8h	2,771.5	−0.048%	$2.10B	$3.12B	150x	as long as short
Gate ETH_USDT	+0.0080%	8h	2,773	+0.004%	$3.29B	$9.54B	200x	as long as short
SoDEX ETH-USD	+0.0092%	1h	2,773.2	+0.013%	$55.2M	$228.6M	40x	as long as short
Lighter ETH	+0.0096%	1h	2,773.3	+0.017%	$115.0M	$495.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,774.8	+0.069%	$25.4M	$120.6M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,776.8	+0.143%	—	$41.7M	500x	as long as short
Variational Omni ETH	+0.0098%	8h	2,772.1	−0.025%	$135.2M	$326.5M	—	as long as short
HTX ETH-USDT	+0.0098%	8h	2,773.5	+0.022%	$1.08B	$1.32B	200x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,772.8	0.000%	$15.9M	$10.6M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,772.9	+0.002%	$481K	$2.8M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,774.7	+0.067%	$3.19B	$2.38B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,773.3	+0.016%	$31.2M	$293.6M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,772.6	−0.008%	$2.51B	$4.63B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,772.5	−0.012%	$2.8M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,774.2	+0.049%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,771	−0.068%	$164.2M	$249.6M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,773.1	+0.010%	$424.1M	$740.7M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,773.2	+0.012%	$15.2M	$44.0M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,774.2	+0.048%	$179.8M	$779.0M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,776.1	+0.118%	$161.5M	$95.8M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,776.3	+0.124%	$8.7M	$32.7M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,775.5	+0.096%	$21.4M	$57.9M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,773.5	+0.024%	$10.8M	$7.7M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,774.7	+0.067%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,775.8	+0.107%	$42.7M	$29.3M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,774.9	+0.075%	$972K	$14.1M	100x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,773.3	+0.016%	—	$1.1M	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,771.7	−0.040%	$31.4M	$75.3M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,774.5	+0.060%	$59.9M	$4.62B	50x	as long as short
Kalshi KXETHPERP	+0.0109%	8h	2,776.8	+0.143%	$8.6M	$673.7M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0137%	8h	2,776.2	+0.121%	$32.6M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,774.1	+0.044%	$86.2M	$331.6M	100x	as long as short
BloFin ETH-USDT	+0.0173%	8h	2,775.7	+0.102%	$286.5M	$195.2M	150x	as long as short
Reya ETHRUSDPERP	+0.0187%	1h	2,771.5	−0.048%	$7.3M	$1.1M	25x	as long as short