ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.021%

Price spread now: RISEx against gTrade (Gains Network)+0.071%7-day average 0.000% · 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−$8as in the Price arb table

costs, in and out, $10k−$150.149% of the position

Long on gTrade (Gains Network)Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.071%, 7d avg 0.000%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.070% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ETH/USD	2,729.6	L +0.0007% / S −0.0007%	pay 0.0001% / 1h	43m 18s	$26.2M	—	200x
Short	RISEx ETH/USDC	2,731.6	0.0099	get 0.0012% / 1h	43m 18s	$5.6M	$11.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee RISExbpOrdersPrice spread, now +0.071%Rate

Funding earned: $19.37
Price spread: +0.071% → 0.000%: $7.02
Slippage, 4 orders: −$1.9
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $11.49
Costs to cover: 0.149%
Break-even: 2.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; RISEx: live order book, 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago	0.51 bp	4.0 bp −$4	4.1 bp −$41	5.0 bp −$501	8.9 bp −$4,450
Sell RISEx live order book, 1 min ago	0.02 bp	3.1 bp −$3	4.6 bp −$46	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	2,730	+0.015%	$298K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,732.2	+0.094%	$117K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,731.7	+0.075%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,729.6	0.000%	$11.9M	—	200x	as long as short
ApeX Omni ETHUSDT	−0.0005%	1h	2,729.9	+0.008%	$8.9M	$31.3M	100x	as long as short
dYdX ETH-USD	0.0000%	1h	2,732.3	+0.098%	$10.7M	$41.7M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,731.2	+0.057%	$188K	$841K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,728.1	−0.056%	$830K	$2.9M	25x	as long as short
gTrade (Gains Network) ETH/USDlong	L +0.0007% / S −0.0007%	1h	2,729.6	long leg	$26.2M	—	200x
Bullet ETH-USD	+0.0009%	1h	2,728.8	−0.031%	$181K	$1.7M	20x	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	+0.0050%	1h	2,727.6	−0.075%	$54.3M	$187.6M	40x	as long as short
Deribit ETH-PERPETUAL	+0.0054%	1h	2,729	−0.023%	$260.1M	$196.8M	50x	as long as short
BingX ETH-USDC	+0.0057%	8h	2,728.7	−0.034%	—	$18.4M	—	as long as short
KuCoin ETHUSDTM	+0.0071%	8h	2,729.7	+0.001%	$380.0M	$575.6M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0073%	8h	2,727.3	−0.086%	$1.66B	$10.68B	100x	as long as short
Aster ETHUSDT	+0.0080%	8h	2,731.6	+0.072%	$252.3M	$844.2M	200x	as long as short
HTX ETH-USDT	+0.0085%	8h	2,726.8	−0.106%	$1.05B	$1.19B	200x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,726.2	−0.126%	$4.9M	$155K	20x	as long as short
MEXC ETH_USDT	+0.0089%	8h	2,729.3	−0.013%	$1.52B	$2.55B	500x	as long as short
Binance ETHUSDT	+0.0090%	8h	2,729.1	−0.018%	$6.34B	$15.85B	150x	as long as short
Bybit ETHUSDT	+0.0094%	8h	2,727.9	−0.064%	$2.39B	$4.34B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,727.8	−0.066%	$111.9M	$435.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,733.3	+0.132%	$23.3M	$105.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,732.8	+0.115%	—	$30.6M	500x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,735.9	+0.228%	$15.6M	$8.0M	50x	as long as short
RISEx ETH/USDCshort	+0.0099%	1h	2,731.6	+0.071%	$5.6M	$11.5M	25x
Katana Perps ETH-USD	+0.0100%	8h	2,731	+0.050%	$498K	$3.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,732.1	+0.090%	$13.8M	$104.8M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,731.5	+0.068%	$3.10B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,733.2	+0.130%	$31.6M	$333.8M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,731	+0.050%	$2.7M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,732	+0.087%	$2.8M	$16.2M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,729.2	−0.016%	$3.34B	$8.81B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,727.7	−0.072%	$2.07B	$2.75B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,731.5	+0.068%	$15.0M	$39.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,728.4	−0.046%	$133.1M	$325.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,726.2	−0.125%	$182.6M	$671.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,730.7	+0.037%	$158.9M	$86.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,731	+0.050%	$21.1M	$69.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,731.2	+0.058%	—	$843K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,731.5	+0.068%	$11.1M	$9.1M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,729.4	−0.009%	$41.2M	$29.7M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,728	−0.059%	$957K	$11.4M	100x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,728	−0.060%	$265.2M	$65.5M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,730.9	+0.046%	$166.8M	$318.0M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,726.6	−0.111%	$30.4M	$72.6M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,729.3	−0.014%	$51.8M	$4.26B	50x	as long as short
Aftermath Perps ETHUSD	+0.0119%	1h	2,732.4	+0.102%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0152%	8h	2,730.9	+0.046%	$6.3M	$677.0M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0193%	8h	2,729.8	+0.005%	$32.1M	$11.6M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,728.2	−0.052%	$84.5M	$313.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0223%	1h	2,728.6	−0.039%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,732.7	+0.114%	$254K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0333%	8h	2,728.7	−0.033%	$284.6M	$174.8M	150x	as long as short
Bluefin ETH-PERP	+0.0464%	1h	2,728.5	−0.044%	$21K	$20K	25x	as long as short