ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: RISEx against Coinbase International−0.059%7-day average −0.013% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$170.169% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.059%, 7d avg −0.013%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.046% cheaper against Coinbase International than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ETH-PERP-INTX	2,725.6	0.0112	pay 0.0014% / 1h	0m 43s	$46.8M	$4.25B	50x
Short	RISEx ETH/USDC	2,724	0.0114	get 0.0014% / 1h	0m 43s	$5.6M	$11.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Coinbase International. 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 Coinbase InternationalbpFee RISExbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0.33
Price spread: −0.059% → −0.013%: −$4.59
Slippage, 4 orders: −$0.85
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$21.11
Costs to cover: 0.169%
Break-even: 454.4 days

Slippage from Coinbase International: live order book, 3 min ago; RISEx: 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 Coinbase International live order book, 3 min ago	0.02 bp	5.0 bp −$5	5.0 bp −$50	6.8 bp −$681	22.2 bp −$11.1K
Sell RISEx live order book, 3 min ago	0.02 bp	3.8 bp −$4	5.0 bp −$50	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	2,723.4	−0.081%	$273K	$5.7M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,723.3	−0.084%	$5K	$1K	50x	as long as short
Phoenix ETH	−0.0015%	1h	2,723.8	−0.066%	$808K	$3.0M	25x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,723.7	−0.069%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,723.5	−0.079%	$10.5M	$41.8M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,724.6	−0.037%	$6.7M	$673.2M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,724.1	−0.057%	$264.1M	$216.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,723.9	−0.061%	$32.9M	—	200x	as long as short
BingX ETH-USDC	+0.0018%	8h	2,723.1	−0.090%	—	$18.6M	—	as long as short
Bybit ETHUSDT	+0.0025%	8h	2,724.3	−0.047%	$2.31B	$4.31B	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ETH-USDT	+0.0037%	8h	2,723.3	−0.085%	$1.05B	$1.21B	200x	as long as short
01 Exchange ETHUSD	+0.0040%	1h	2,723.9	−0.062%	$189K	$883K	50x	as long as short
BloFin ETH-USDT	+0.0044%	8h	2,724.3	−0.048%	$280.6M	$177.6M	150x	as long as short
Injective ETH/USDC PERP	+0.0050%	1h	2,728.3	+0.099%	$117K	$22.5M	52x	as long as short
Kraken Futures PF_ETHUSD	+0.0060%	1h	2,724.1	−0.056%	$82.0M	$310.3M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0077%	8h	2,724.4	−0.045%	$1.65B	$10.73B	100x	as long as short
ApeX Omni ETHUSDT	+0.0078%	1h	2,722.1	−0.130%	$8.4M	$31.3M	100x	as long as short
Hibachi ETH/USDT-P	+0.0080%	1h	2,724.3	−0.047%	$239K	$1.4M	20x	as long as short
KuCoin ETHUSDTM	+0.0081%	8h	2,724.1	−0.055%	$383.1M	$575.5M	100x	as long as short
Aster ETHUSDT	+0.0084%	8h	2,724.5	−0.040%	$251.9M	$850.8M	200x	as long as short
MEXC ETH_USDT	+0.0093%	8h	2,724.4	−0.045%	$1.58B	$2.60B	500x	as long as short
Binance ETHUSDT	+0.0093%	8h	2,724.5	−0.039%	$6.31B	$16.08B	150x	as long as short
Aftermath Perps ETHUSD	+0.0094%	1h	2,723.9	−0.062%	$30K	$20K	20x	as long as short
Lighter ETH	+0.0096%	1h	2,725.1	−0.017%	$112.2M	$433.7M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,726.5	+0.031%	$23.3M	$102.8M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,721	−0.170%	$4.9M	$189K	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,723.2	−0.088%	$499K	$3.6M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,728.8	+0.118%	$15.4M	$7.4M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,722.9	−0.099%	$14.1M	$104.5M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,726.2	+0.022%	$3.10B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,725.3	−0.012%	$31.9M	$334.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,722.8	−0.103%	$2.7M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,723.4	−0.081%	$1.6M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,723.9	−0.061%	$3.31B	$8.96B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,723.8	−0.067%	$2.11B	$2.76B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,724.1	−0.057%	$15.0M	$40.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,723	−0.097%	$131.2M	$318.7M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,722.3	−0.119%	$185.2M	$683.2M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,722.9	−0.099%	$158.2M	$81.3M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,724.1	−0.055%	$20.9M	$70.0M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,724.9	−0.026%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,725	−0.022%	$11.2M	$9.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,723.3	−0.083%	$180K	$1.7M	20x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,724.2	−0.052%	$40.6M	$30.0M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,722.7	−0.108%	$955K	$10.7M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,723.2	−0.088%	$54.2M	$182.6M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,724.5	−0.040%	$262.5M	$64.0M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,722.9	−0.100%	$160.5M	$349.9M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,722.9	−0.098%	$30.4M	$71.1M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,723.7	−0.070%	—	$30.1M	500x	as long as short
Coinbase International ETH-PERP-INTXlong	+0.0112%	1h	2,725.6	long leg	$46.8M	$4.25B	50x
RISEx ETH/USDCshort	+0.0114%	1h	2,724	−0.059%	$5.6M	$11.6M	25x
Bluefin ETH-PERP	+0.0139%	1h	2,723.6	−0.073%	$20K	$23K	25x	as long as short
Reya ETHRUSDPERP	+0.0177%	1h	2,722.7	−0.105%	$7.3M	$972K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0186%	8h	2,725.8	+0.007%	$32.1M	$11.3M	100x	as long as short