Funding you earn now, next payment 01:00 UTC+0.0119%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.029%
Price spread now: Reya against ApeX Omni+0.144%63s7-day average −0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.151%+$15 on $10k
+Price spread, last 7 days−0.165%−$16 · spread now +0.144%, 7d avg −0.032%
=Together, before fees−0.014%+ Points / potential airdropReya: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.176% dearer against ApeX Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.032%. 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 | 2,768.5 | 0.0094 | pay 0.0012% / 1h | 14m 08s | $8.6M | $32.1M | 100x |
| Short | Reya ETHRUSDPERP | 2,772.5 | 0.0213 | get 0.0027% / 1h | 14m 08s | $7.3M | $1.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.09
- Price spread: +0.144% → −0.032%
- $17.61
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $26.71
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 5 min ago; Reya: 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 ApeX Omni live order book, 5 min ago | 0.65 bp | 6.3 bp −$6 | 6.7 bp −$67 | 17.9 bp −$1,786 | 54.0 bp −$27.0K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETH/USDC PERP | −0.0752% | 1h | 2,765.8 | −0.096% | $119K | $22.5M | 52x | as long as short |
| RISEx ETH/USDC | −0.0128% | 1h | 2,772 | +0.128% | $5.6M | $11.2M | 25x | as long as short |
| Perpl ETH | −0.0112% | 43m | 2,771 | +0.093% | $340K | $6.2M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,771.1 | +0.095% | $5K | $1K | 50x | as long as short |
| 01 Exchange ETHUSD | −0.0032% | 1h | 2,771.8 | +0.120% | $169K | $1.1M | 50x | as long as short |
| Phoenix ETH | −0.0003% | 1h | 2,770.2 | +0.062% | $874K | $3.7M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,771.8 | +0.120% | $12.3M | $43.2M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,773.5 | +0.183% | $22.4M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0016% | 1h | 2,772.6 | +0.148% | $185K | $1.7M | 20x | as long as short |
| OKX ETH-USDT-SWAP | +0.0029% | 8h | 2,770.6 | +0.076% | $1.71B | $11.14B | 100x | 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 | +0.0036% | 1h | 2,773 | +0.164% | $55.2M | $188.0M | 40x | as long as short |
| Phemex ETHUSDT | +0.0042% | 8h | 2,773 | +0.165% | $269.9M | $67.1M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0043% / S −0.0009% | 1h | 2,773.3 | +0.175% | $12.7M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0050% | 8h | 2,773.6 | +0.186% | $256.9M | $886.2M | 200x | as long as short |
| Aevo ETH-PERP | +0.0056% | 1h | 2,771.2 | +0.097% | $5.0M | $156K | 20x | as long as short |
| MEXC ETH_USDT | +0.0059% | 8h | 2,773.3 | +0.173% | $1.62B | $2.66B | 500x | as long as short |
| Binance ETHUSDT | +0.0061% | 8h | 2,774 | +0.200% | $6.49B | $16.26B | 150x | as long as short |
| Gate ETH_USDT | +0.0076% | 8h | 2,774 | +0.199% | $3.38B | $9.08B | 200x | as long as short |
| Bitget ETHUSDT | +0.0077% | 8h | 2,774.1 | +0.202% | $2.10B | $2.86B | 150x | as long as short |
| Aftermath Perps ETHUSD | +0.0079% | 1h | 2,770.5 | +0.074% | $31K | $21K | 20x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0080% | 1h | 2,774.9 | +0.231% | $60.5M | $4.43B | 50x | as long as short |
| Vest ETH-PERP | +0.0081% | 1h | 2,772.1 | +0.131% | — | $876K | 50x | as long as short |
| HTX ETH-USDT | +0.0084% | 8h | 2,772.5 | +0.146% | $1.08B | $1.24B | 200x | as long as short |
| KuCoin ETHUSDTM | +0.0088% | 8h | 2,774 | +0.199% | $421.3M | $604.2M | 100x | as long as short |
| ApeX Omni ETHUSDTlong | +0.0094% | 1h | 2,768.5 | long leg | $8.6M | $32.1M | 100x | |
| Lighter ETH | +0.0096% | 1h | 2,773.9 | +0.196% | $115.1M | $459.4M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,775.2 | +0.243% | $25.6M | $111.8M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,775.3 | +0.248% | $15.9M | $8.5M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,771.7 | +0.117% | $488K | $2.7M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,771.8 | +0.121% | $14.6M | $113.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,776.4 | +0.286% | $3.17B | $2.19B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,771.8 | +0.120% | $31.2M | $328.0M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,771.3 | +0.104% | $2.51B | $4.32B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,770.8 | +0.084% | $2.8M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,772.4 | +0.140% | $2.8M | $16.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,763.5 | −0.178% | $172.0M | $292.0M | 25x | as long as short |
| BingX ETH-USDT | +0.0100% | 8h | 2,774.1 | +0.202% | — | $1.21B | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,773.9 | +0.197% | $15.1M | $42.1M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,768.4 | −0.001% | $133.7M | $347.6M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,766.7 | −0.064% | $181.6M | $786.5M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,766.3 | −0.080% | $161.0M | $84.5M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,769.2 | +0.026% | $21.4M | $64.0M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,772.6 | +0.149% | $10.5M | $8.0M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,772.9 | +0.161% | $21K | $22K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,774.7 | +0.224% | $42.6M | $28.9M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,772.4 | +0.142% | $972K | $12.9M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,772.8 | +0.157% | $30.9M | $75.0M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,770.8 | +0.084% | — | $36.2M | 500x | as long as short |
| Kalshi KXETHPERP | +0.0110% | 8h | 2,772.4 | +0.142% | $8.1M | $676.2M | 4.9x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0134% | 1h | 2,775.1 | +0.239% | $98.0M | $320.2M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0152% | 1h | 2,771.2 | +0.099% | $253K | $1.5M | 20x | as long as short |
| Orderly PERP_ETH_USDC | +0.0155% | 8h | 2,775.3 | +0.247% | $32.7M | $11.1M | 100x | as long as short |
| BloFin ETH-USDT | +0.0180% | 8h | 2,769.8 | +0.048% | $288.0M | $178.8M | 150x | as long as short |
| Deribit ETH-PERPETUAL | +0.0197% | 1h | 2,774.9 | +0.233% | $259.1M | $203.1M | 50x | as long as short |
| Reya ETHRUSDPERPshort | +0.0213% | 1h | 2,772.5 | +0.144% | $7.3M | $1.1M | 25x |
ApeX Omni ETHUSDT
Injective ETH/USDC PERP
RISEx ETH/USDC
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Bullet ETH-USD
OKX ETH-USDT-SWAP
SoDEX ETH-USD
Phemex ETHUSDT
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Gate ETH_USDT
Bitget ETHUSDT
Aftermath Perps ETHUSD
Coinbase International ETH-PERP-INTX
HTX ETH-USDT
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Bulk ETH-USD
BingX ETH-USDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT
Deribit ETH-PERPETUAL