ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0073%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.024%

Price spread now: Bullet against Bluefin−0.047%7-day average — · you buy dearer than you sell

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

Long on Bluefin 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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bullet is 0.047% cheaper against Bluefin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin ETH-PERP	2,784.2	0.0100	pay 0.0013% / 1h	55m 35s	$21K	$24K	25x
Short	Bullet ETH-USD	2,782.9	0.0027	get 0.0003% / 1h	55m 35s	$182K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Bluefin. 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 BluefinbpFee BulletbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$15.24
Price spread: −0.047% → 0.000%: −$4.73
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$34.97
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Bluefin: no order-book sample; Bullet: live order book, 4 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 Bluefin no order-book sample	—	—	—	—	—
Sell Bullet live order book, 4 min ago	0.36 bp	5.3 bp −$5	8.9 bp −$89	doesn't fit	doesn't fit

Bluefin: 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	2,782.6	−0.057%	$288K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0206%	1h	2,783.1	−0.041%	$5.7M	$11.9M	25x	as long as short
Injective ETH/USDC PERP	−0.0088%	1h	2,777.7	−0.234%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,781.7	−0.091%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0032%	1h	2,782.8	−0.051%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0001%	1h	2,778.6	−0.204%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,784.4	+0.006%	$12.8M	$45.9M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,778.7	−0.198%	$881K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,783.7	−0.019%	$22.5M	—	200x	as long as short
BingX ETH-USDC	+0.0014%	8h	2,782.5	−0.063%	—	$17.4M	—	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	+0.0019%	8h	2,782.7	−0.054%	$1.70B	$11.90B	100x	as long as short
Phemex ETHUSDT	+0.0020%	8h	2,783.3	−0.035%	$271.1M	$68.8M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0026% / S +0.0009%	1h	2,783.6	−0.023%	$12.9M	—	200x	as long as short
Bullet ETH-USDshort	+0.0027%	1h	2,782.9	−0.047%	$182K	$1.7M	20x
Aster ETHUSDT	+0.0036%	8h	2,781.9	−0.083%	$255.0M	$998.1M	200x	as long as short
ApeX Omni ETHUSDT	+0.0049%	1h	2,776.4	−0.283%	$8.8M	$32.7M	100x	as long as short
Nado ETH-PERP	+0.0051%	1h	2,782.9	−0.047%	$14.3M	$118.2M	50x	as long as short
MEXC ETH_USDT	+0.0062%	8h	2,782.8	−0.052%	$1.60B	$2.62B	500x	as long as short
Binance ETHUSDT	+0.0062%	8h	2,783	−0.044%	$6.45B	$17.24B	150x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,781.8	−0.087%	$5.0M	$636K	20x	as long as short
Bitget ETHUSDT	+0.0065%	8h	2,783	−0.043%	$2.10B	$3.10B	150x	as long as short
Gate ETH_USDT	+0.0071%	8h	2,783.1	−0.041%	$3.31B	$9.56B	200x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	2,785.4	+0.043%	$60.3M	$4.62B	50x	as long as short
HTX ETH-USDT	+0.0088%	8h	2,783	−0.045%	$1.08B	$1.32B	200x	as long as short
Bybit ETHUSDT	+0.0090%	8h	2,782.8	−0.050%	$2.52B	$4.62B	150x	as long as short
KuCoin ETHUSDTM	+0.0091%	8h	2,782.5	−0.063%	$424.1M	$739.3M	100x	as long as short
Vest ETH-PERP	+0.0095%	1h	2,782.6	−0.058%	—	$1.1M	50x	as long as short
Lighter ETH	+0.0096%	1h	2,783	−0.045%	$116.3M	$494.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,784.3	+0.004%	$25.4M	$120.5M	50x	as long as short
Deribit ETH-PERPETUAL	+0.0098%	1h	2,785.4	+0.043%	$258.8M	$222.8M	50x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,783.3	−0.034%	$16.0M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,782.9	−0.047%	$478K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,784.9	+0.024%	$3.20B	$2.35B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,783.1	−0.039%	$31.3M	$306.5M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,781.6	−0.094%	$2.8M	$17.2M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,784.5	+0.010%	$2.7M	$17.1M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,777.9	−0.225%	$168.1M	$250.4M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,783.3	−0.032%	$15.1M	$44.0M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,775.9	−0.298%	$147.5M	$336.8M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,776.8	−0.265%	$181.7M	$779.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,776.9	−0.263%	$161.5M	$90.7M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,780.4	−0.137%	$21.5M	$58.2M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,783.9	−0.011%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERPlong	+0.0100%	1h	2,784.2	long leg	$21K	$24K	25x
Derive ETH-PERP	+0.0100%	1h	2,786	+0.063%	$42.9M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,782.4	−0.067%	$976K	$13.9M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,783.9	−0.011%	$55.4M	$229.0M	40x	as long as short
Extended ETH-USD	+0.0104%	1h	2,782.5	−0.061%	$32.7M	$77.6M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,783.5	−0.027%	—	$41.8M	500x	as long as short
Kraken Futures PF_ETHUSD	+0.0122%	1h	2,785.1	+0.031%	$86.8M	$332.6M	100x	as long as short
Kalshi KXETHPERP	+0.0124%	8h	2,782.6	−0.058%	$8.4M	$681.6M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0135%	8h	2,786.3	+0.074%	$32.7M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0181%	8h	2,780.3	−0.139%	$285.2M	$195.1M	150x	as long as short
Reya ETHRUSDPERP	+0.0197%	1h	2,782.7	−0.055%	$7.4M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0296%	1h	2,781.9	−0.084%	$271K	$1.5M	20x	as long as short