ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.006%

Price spread now: Paradex against Aster+0.138%49s7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$170.174% of the position

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.017%+$2 on $10k

Price spread, last 7 days−0.117%−$12 · spread now +0.138%, 7d avg +0.046%

Together, before fees−0.100%+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.092% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.046%. The two prices were read 49 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	Aster ETHUSDT	2,737.5	0.0084	pay 0.0084% / 8h	4h 30m	$251.2M	$844.1M	200x
Short	Paradex ETH-USD-PERP	2,741.3	0.0098	get 0.0098% / 8h	4h 30m	$15.5M	$8.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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 AsterbpFee ParadexbpOrdersPrice spread, now +0.138%Rate

Funding earned: $2.98
Price spread: +0.138% → +0.046%: $9.16
Slippage, 4 orders: −$5.43
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$5.29
Costs to cover: 0.174%
Break-even: 19.4 days

Slippage from Aster: live order book, 3 min ago; Paradex: 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 Aster live order book, 3 min ago	0.37 bp	4.5 bp −$5	5.0 bp −$50	6.4 bp −$635	11.7 bp −$5,835
Sell Paradex live order book, 3 min ago	2.27 bp	4.3 bp −$4	4.3 bp −$43	doesn't fit	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	2,736.5	−0.035%	$298K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,730.9	−0.241%	$117K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,735.9	−0.058%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,737.5	0.000%	$12.0M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,737.5	+0.002%	$10.8M	$41.7M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,737.7	+0.007%	$188K	$821K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,736.5	−0.036%	$830K	$2.9M	25x	as long as short
Bullet ETH-USD	+0.0006%	1h	2,737	−0.018%	$179K	$1.7M	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,737.5	+0.001%	$28.1M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0036%	1h	2,732.9	−0.167%	$8.7M	$31.3M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDC	+0.0058%	8h	2,737.8	+0.010%	—	$18.4M	—	as long as short
HTX ETH-USDT	+0.0062%	8h	2,736.1	−0.051%	$1.06B	$1.19B	200x	as long as short
KuCoin ETHUSDTM	+0.0066%	8h	2,737.6	+0.005%	$380.5M	$575.1M	100x	as long as short
Phemex ETHUSDT	+0.0066%	8h	2,737.1	−0.014%	$266.1M	$65.6M	150x	as long as short
OKX ETH-USDT-SWAP	+0.0070%	8h	2,738.3	+0.031%	$1.67B	$10.74B	100x	as long as short
Bybit ETHUSDT	+0.0071%	8h	2,738.1	+0.023%	$2.39B	$4.35B	150x	as long as short
SoDEX ETH-USD	+0.0075%	1h	2,737.1	−0.014%	$54.5M	$187.7M	40x	as long as short
Aster ETHUSDTlong	+0.0084%	8h	2,737.5	long leg	$251.2M	$844.1M	200x
Deribit ETH-PERPETUAL	+0.0086%	1h	2,738.7	+0.044%	$260.2M	$196.6M	50x	as long as short
MEXC ETH_USDT	+0.0088%	8h	2,738.2	+0.024%	$1.53B	$2.56B	500x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,734.5	−0.109%	$4.9M	$155K	20x	as long as short
Binance ETHUSDT	+0.0090%	8h	2,738.1	+0.022%	$6.35B	$15.87B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,737.5	−0.002%	$113.2M	$438.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,738.7	+0.044%	$23.4M	$106.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,737.9	+0.014%	—	$30.8M	500x	as long as short
Paradex ETH-USD-PERPshort	+0.0098%	8h	2,741.3	+0.138%	$15.5M	$8.0M	50x
RISEx ETH/USDC	+0.0099%	1h	2,737.9	+0.015%	$5.6M	$11.6M	25x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,737.2	−0.011%	$501K	$3.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,737.3	−0.007%	$13.8M	$104.4M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,739.8	+0.084%	$3.11B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,738.3	+0.030%	$32.0M	$334.3M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,736.4	−0.040%	$2.7M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,737.9	+0.016%	$1.6M	$16.3M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,728.7	−0.323%	$166.6M	$310.3M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,738	+0.018%	$3.35B	$8.87B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,738.8	+0.048%	$2.07B	$2.74B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,737	−0.017%	$15.0M	$39.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,736.1	−0.051%	$133.6M	$325.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,729.6	−0.287%	$183.6M	$671.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,730.3	−0.263%	$158.8M	$86.8M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,735.6	−0.069%	$21.1M	$68.6M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,737.9	+0.014%	—	$843K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,738.9	+0.051%	$11.2M	$9.1M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,737.5	−0.001%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,738.6	+0.039%	$41.3M	$29.8M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,736.4	−0.042%	$960K	$11.4M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,737.2	−0.009%	$30.3M	$72.7M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,738.7	+0.042%	$51.6M	$4.28B	50x	as long as short
Aftermath Perps ETHUSD	+0.0123%	1h	2,733.5	−0.147%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0144%	8h	2,737.6	+0.004%	$6.6M	$678.4M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0193%	8h	2,739.4	+0.070%	$32.2M	$11.5M	100x	as long as short
Reya ETHRUSDPERP	+0.0221%	1h	2,736.4	−0.039%	$7.3M	$1.2M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,738	+0.019%	$83.5M	$314.8M	100x	as long as short
Hibachi ETH/USDT-P	+0.0256%	1h	2,734.9	−0.094%	$253K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0361%	8h	2,736.8	−0.027%	$283.7M	$175.6M	150x	as long as short