ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.005%

Price spread now: Bluefin against dYdX−0.013%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Bluefin

What this pair did over the last

the charts below follow

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—needs 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ETH-USD	2,771.5	0	get 0.0000% / 1h	13m 00s	$12.3M	$43.1M	50x
Short	Bluefin ETH-PERP	2,771.1	0.0100	get 0.0013% / 1h	13m 00s	$21K	$22K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against dYdX. 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 dYdXbpFee BluefinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $21
Price spread: −0.013% → 0.000%: −$1.31
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: $2.69
Costs to cover: 0.170%
Break-even: 6.1 days

Slippage unknown: dYdX: live order book, 1 min ago; Bluefin: 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 dYdX live order book, 1 min ago	15.32 bp	20.3 bp −$20	22.1 bp −$221	26.0 bp −$2,601	38.8 bp −$19.4K
Sell Bluefin no order-book sample	—	—	—	—	—

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
Injective ETH/USDC PERP	−0.0752%	1h	2,773.8	+0.084%	$119K	$22.5M	52x	as long as short
RISEx ETH/USDC	−0.0128%	1h	2,770.2	−0.045%	$5.6M	$11.2M	25x	as long as short
Perpl ETH	−0.0112%	43m	2,771.1	−0.012%	$325K	$6.2M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,770.5	−0.035%	$5K	$1K	50x	as long as short
01 Exchange ETHUSD	−0.0032%	1h	2,770.4	−0.038%	$169K	$1.1M	50x	as long as short
Phoenix ETH	−0.0003%	1h	2,770.2	−0.046%	$872K	$3.7M	25x	as long as short
dYdX ETH-USDlong	0.0000%	1h	2,771.5	long leg	$12.3M	$43.1M	50x
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,771.3	−0.005%	$22.4M	—	200x	as long as short
Bullet ETH-USD	+0.0014%	1h	2,770.1	−0.050%	$187K	$1.7M	20x	as long as short
OKX ETH-USDT-SWAP	+0.0029%	8h	2,769	−0.089%	$1.71B	$11.07B	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	+0.0037%	1h	2,770.8	−0.024%	$55.2M	$187.9M	40x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0043% / S −0.0009%	1h	2,770.9	−0.019%	$12.7M	—	200x	as long as short
Aster ETHUSDT	+0.0050%	8h	2,771.5	0.000%	$256.3M	$886.1M	200x	as long as short
Aevo ETH-PERP	+0.0056%	1h	2,767.9	−0.127%	$5.0M	$156K	20x	as long as short
MEXC ETH_USDT	+0.0060%	8h	2,769.3	−0.078%	$1.62B	$2.66B	500x	as long as short
Binance ETHUSDT	+0.0061%	8h	2,768.8	−0.096%	$6.47B	$16.25B	150x	as long as short
Gate ETH_USDT	+0.0075%	8h	2,769.7	−0.064%	$3.38B	$9.09B	200x	as long as short
Phemex ETHUSDT	+0.0076%	8h	2,770.1	−0.050%	$269.6M	$66.1M	150x	as long as short
Bitget ETHUSDT	+0.0077%	8h	2,769	−0.091%	$2.10B	$2.84B	150x	as long as short
Aftermath Perps ETHUSD	+0.0080%	1h	2,770.8	−0.025%	$31K	$21K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0080%	1h	2,771.3	−0.006%	$60.4M	$4.42B	50x	as long as short
Vest ETH-PERP	+0.0081%	1h	2,770.7	−0.026%	—	$876K	50x	as long as short
HTX ETH-USDT	+0.0081%	8h	2,769.9	−0.058%	$1.08B	$1.24B	200x	as long as short
KuCoin ETHUSDTM	+0.0088%	8h	2,769.2	−0.082%	$420.0M	$597.6M	100x	as long as short
ApeX Omni ETHUSDT	+0.0094%	1h	2,769.3	−0.078%	$8.6M	$32.0M	100x	as long as short
Lighter ETH	+0.0096%	1h	2,770.3	−0.044%	$115.2M	$459.7M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,772	+0.020%	$25.6M	$111.9M	50x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,775.8	+0.157%	$16.0M	$8.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,770.6	−0.031%	$488K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,770.3	−0.042%	$14.6M	$113.4M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,771.4	−0.002%	$3.16B	$2.19B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,771.5	+0.001%	$31.2M	$328.0M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,769.2	−0.081%	$2.51B	$4.30B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,770.2	−0.046%	$2.8M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,770.8	−0.025%	$2.8M	$16.8M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,763.5	−0.286%	$172.0M	$292.0M	25x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,769.2	−0.081%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,769.7	−0.065%	$15.2M	$42.0M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,768.4	−0.109%	$133.7M	$347.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,769	−0.090%	$181.8M	$786.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,770.3	−0.043%	$161.1M	$84.3M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,772.2	+0.027%	$21.4M	$64.0M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,769.9	−0.056%	$10.5M	$8.0M	50x	as long as short
Bluefin ETH-PERPshort	+0.0100%	1h	2,771.1	−0.013%	$21K	$22K	25x
Derive ETH-PERP	+0.0100%	1h	2,772.9	+0.053%	$42.6M	$28.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,770.4	−0.040%	$972K	$12.9M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,768.4	−0.110%	$30.9M	$75.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,773.9	+0.087%	—	$36.1M	500x	as long as short
Kalshi KXETHPERP	+0.0110%	8h	2,772.1	+0.023%	$8.2M	$675.4M	4.9x	as long as short
Kraken Futures PF_ETHUSD	+0.0134%	1h	2,771.7	+0.009%	$98.0M	$315.9M	100x	as long as short
Hibachi ETH/USDT-P	+0.0152%	1h	2,771.2	−0.009%	$253K	$1.5M	20x	as long as short
Orderly PERP_ETH_USDC	+0.0156%	8h	2,773.5	+0.072%	$32.7M	$11.0M	100x	as long as short
BloFin ETH-USDT	+0.0181%	8h	2,770	−0.052%	$287.8M	$178.2M	150x	as long as short
Deribit ETH-PERPETUAL	+0.0190%	1h	2,772.2	+0.026%	$259.1M	$203.0M	50x	as long as short
Reya ETHRUSDPERP	+0.0213%	1h	2,769.9	−0.055%	$7.3M	$1.1M	25x	as long as short