Funding you earn now, next payment 04:00 UTC−0.0688%/8h= −75.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against Bluefin+0.019%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin ETH-PERP | 2,727.5 | 0.0784 | pay 0.0098% / 1h | 47m 07s | $21K | $20K | 25x |
| Short | Lighter RH ETH | 2,728.1 | 0.0096 | get 0.0012% / 1h | 47m 07s | $23.2M | $105.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bluefin. 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
- −$144.55
- Price spread: +0.019% → 0.000%
- $1.94
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$149.61
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Bluefin: no order-book sample; Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago | 1.67 bp | 2.0 bp −$2 | 4.1 bp −$41 | 15.0 bp −$1,500 | 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 | 2,728.8 | +0.045% | $298K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,726.4 | −0.041% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,725.3 | −0.082% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,729.1 | +0.059% | $12.0M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,727.5 | −0.003% | $10.7M | $41.7M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,728.1 | +0.021% | $188K | $843K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,728.8 | +0.047% | $826K | $2.9M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,728.5 | +0.037% | $25.7M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0025% | 1h | 2,728.6 | +0.040% | $180K | $1.7M | 20x | as long as short |
| SoDEX ETH-USD | +0.0040% | 1h | 2,726.4 | −0.041% | $54.3M | $187.6M | 40x | 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 | +0.0056% | 8h | 2,727.1 | −0.016% | — | $18.4M | — | as long as short |
| KuCoin ETHUSDTM | +0.0071% | 8h | 2,727 | −0.021% | $379.4M | $575.2M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0072% | 8h | 2,726.4 | −0.041% | $1.66B | $10.67B | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0076% | 1h | 2,727.9 | +0.013% | $260.1M | $196.9M | 50x | as long as short |
| Aster ETHUSDT | +0.0079% | 8h | 2,726.7 | −0.031% | $251.8M | $843.4M | 200x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,726.9 | −0.025% | $4.9M | $154K | 20x | as long as short |
| MEXC ETH_USDT | +0.0089% | 8h | 2,727.5 | −0.001% | $1.53B | $2.54B | 500x | as long as short |
| Binance ETHUSDT | +0.0089% | 8h | 2,726.6 | −0.033% | $6.33B | $15.84B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,726.9 | −0.023% | $112.0M | $434.7M | 50x | as long as short |
| Lighter RH ETHshort | +0.0096% | 1h | 2,728.1 | +0.019% | $23.2M | $105.5M | 50x | |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,727.5 | −0.002% | — | $30.6M | 500x | as long as short |
| HTX ETH-USDT | +0.0096% | 8h | 2,725.5 | −0.075% | $1.05B | $1.19B | 200x | as long as short |
| Bybit ETHUSDT | +0.0097% | 8h | 2,725.9 | −0.062% | $2.38B | $4.33B | 150x | as long as short |
| RISEx ETH/USDC | +0.0099% | 1h | 2,730.3 | +0.100% | $5.6M | $11.5M | 25x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,730.3 | +0.102% | $15.7M | $8.0M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,729.1 | +0.058% | $498K | $3.2M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,727.5 | −0.002% | $13.7M | $104.8M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,729.7 | +0.080% | $3.09B | $2.06B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,727.9 | +0.013% | $31.6M | $333.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,727.4 | −0.005% | $2.7M | $16.9M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,729.9 | +0.087% | $2.8M | $16.1M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,740.8 | +0.485% | $166.9M | $306.7M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,727.6 | +0.002% | $3.34B | $8.77B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,726.2 | −0.048% | $2.07B | $2.75B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,727.2 | −0.014% | $14.9M | $39.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,734.9 | +0.270% | $133.1M | $324.8M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,732.7 | +0.190% | $181.8M | $667.2M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,729 | +0.055% | $158.7M | $84.8M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,732.1 | +0.166% | $8.7M | $30.8M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,728 | +0.017% | $21.1M | $69.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,728.9 | +0.049% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,730.2 | +0.098% | $10.9M | $8.8M | 50x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,728.1 | +0.022% | $41.2M | $29.7M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,725.7 | −0.068% | $956K | $11.4M | 100x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,727.3 | −0.009% | $265.1M | $65.4M | 150x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,725.2 | −0.084% | $30.4M | $72.5M | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0110% | 1h | 2,734.5 | +0.255% | $30K | $20K | 20x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,727.9 | +0.014% | $51.9M | $4.25B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0155% | 8h | 2,726 | −0.056% | $6.3M | $676.7M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0193% | 8h | 2,728.6 | +0.040% | $32.1M | $11.5M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0223% | 1h | 2,726.9 | −0.021% | $84.5M | $313.4M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0223% | 1h | 2,727.8 | +0.012% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0248% | 1h | 2,729 | +0.054% | $253K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0251% | 8h | 2,726.4 | −0.043% | $284.6M | $174.6M | 150x | as long as short |
| Bluefin ETH-PERPlong | +0.0784% | 1h | 2,727.5 | long leg | $21K | $20K | 25x |
Bluefin ETH-PERP
Lighter RH ETH
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Bullet ETH-USD
SoDEX ETH-USD
BingX ETH-USDC
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Deribit ETH-PERPETUAL
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
HTX ETH-USDT
Bybit ETHUSDT
RISEx ETH/USDC
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
Phemex ETHUSDT
Extended ETH-USD
Aftermath Perps ETHUSD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT