ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%

Price spread now: Polymarket Perps against ApeX Omni−0.214%63s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.212% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 7 days+0.241%+$24 · spread now −0.214%, 7d avg +0.008%

Together, before fees+0.414%+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.222% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of +0.008%). If the spread goes back, that is −$22 on $10k: about 16 days of funding at the current rate (+$1 a day). The two prices were read 63 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	ApeX Omni ETHUSDT	2,780.8	0.0054	pay 0.0007% / 1h	56m 08s	$10.5M	$30.9M	100x
Short	Polymarket Perps ETH-USD	2,774.9	0.0100	get 0.0013% / 1h	56m 08s	$10.8M	$7.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.214%Rate

Funding earned: $9.73
Price spread: −0.214% → +0.008%: −$22.17
Slippage, 4 orders: −$3.16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$33.6
Costs to cover: 0.212%
Break-even: 31.2 days

Slippage from ApeX Omni: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.

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 ApeX Omni live order book, 3 min ago	0.02 bp	5.0 bp −$5	7.1 bp −$71	19.1 bp −$1,912	51.7 bp −$25.9K
Sell Polymarket Perps live order book, 3 min ago	1.08 bp	5.4 bp −$5	8.1 bp −$81	18.7 bp −$1,871	doesn't fit

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	2,774.1	−0.244%	$290K	$6.9M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,773.8	−0.253%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,776.1	−0.170%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0048%	1h	2,772.9	−0.286%	$172K	$1.2M	50x	as long as short
Phoenix ETH	−0.0032%	1h	2,776.7	−0.149%	$794K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,773	−0.281%	$5.8M	$12.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,775.9	−0.179%	$13.0M	$45.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,774.8	−0.217%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0015%	8h	2,774.3	−0.235%	$267.0M	$66.0M	150x	as long as short
BingX ETH-USDT	+0.0017%	8h	2,774	−0.245%	—	$1.20B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX ETH-USD	+0.0021%	1h	2,774.6	−0.224%	$55.2M	$228.5M	40x	as long as short
OKX ETH-USDT-SWAP	+0.0022%	8h	2,773.8	−0.253%	$1.71B	$11.92B	100x	as long as short
Aftermath Perps ETHUSD	+0.0027%	1h	2,780.1	−0.026%	$29K	$22K	20x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,774.7	−0.220%	$13.1M	—	200x	as long as short
Binance ETHUSDT	+0.0044%	8h	2,773.6	−0.260%	$6.46B	$17.35B	150x	as long as short
MEXC ETH_USDT	+0.0045%	8h	2,774.1	−0.242%	$1.61B	$2.61B	500x	as long as short
Aster ETHUSDT	+0.0047%	8h	2,774.2	−0.240%	$256.4M	$1.00B	200x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,773.3	−0.273%	$5.0M	$636K	20x	as long as short
Gate ETH_USDT	+0.0053%	8h	2,774.3	−0.236%	$3.29B	$9.51B	200x	as long as short
ApeX Omni ETHUSDTlong	+0.0054%	1h	2,780.8	long leg	$10.5M	$30.9M	100x
Bitget ETHUSDT	+0.0074%	8h	2,774.3	−0.235%	$2.09B	$3.14B	150x	as long as short
Bullet ETH-USD	+0.0080%	1h	2,773.8	−0.253%	$188K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0093%	8h	2,785.4	+0.165%	$141.2M	$320.4M	—	as long as short
Lighter ETH	+0.0096%	1h	2,774.9	−0.214%	$115.3M	$506.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,776.3	−0.163%	$25.5M	$121.3M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,776.5	−0.156%	—	$46.4M	500x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,775.5	−0.190%	$15.9M	$11.1M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,773.6	−0.260%	$493K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,772.5	−0.298%	$16.3M	$115.3M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,777.2	−0.131%	$3.20B	$2.41B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,775.6	−0.189%	$31.2M	$281.2M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,772.9	−0.287%	$2.51B	$4.65B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,773.7	−0.257%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,775.2	−0.204%	$2.8M	$17.7M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,780.5	−0.012%	$165.0M	$263.0M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,774.3	−0.234%	$426.7M	$750.0M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,774.9	−0.215%	$15.4M	$42.4M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,782	+0.041%	$177.9M	$785.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,780.7	−0.004%	$161.8M	$98.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,776.9	−0.142%	$21.4M	$57.4M	40x	as long as short
Polymarket Perps ETH-USDshort	+0.0100%	1h	2,774.9	−0.214%	$10.8M	$7.8M	50x
Bluefin ETH-PERP	+0.0100%	1h	2,774.9	−0.214%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,777.4	−0.124%	$43.0M	$30.0M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,774.9	−0.215%	$973K	$14.4M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,774.1	−0.241%	$1.08B	$1.32B	200x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,774.8	−0.219%	—	$1.1M	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,774.8	−0.217%	$31.7M	$76.6M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,776.1	−0.172%	$60.3M	$4.66B	50x	as long as short
Kalshi KXETHPERP	+0.0111%	8h	2,776.2	−0.167%	$8.5M	$672.1M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0127%	8h	2,777.3	−0.127%	$32.6M	$11.7M	100x	as long as short
Deribit ETH-PERPETUAL	+0.0143%	1h	2,777.1	−0.136%	$258.9M	$224.0M	50x	as long as short
BloFin ETH-USDT	+0.0166%	8h	2,775.9	−0.178%	$287.4M	$197.8M	150x	as long as short
Reya ETHRUSDPERP	+0.0194%	1h	2,772.5	−0.300%	$7.5M	$998K	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,775.9	−0.177%	$88.7M	$331.8M	100x	as long as short
Hibachi ETH/USDT-P	+0.0344%	1h	2,778.2	−0.093%	$274K	$1.5M	20x	as long as short