Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,247.9 | −0.0024 | get 0.0024% / 8h | 7h 15m | $1.72B | $9.58B | 200x | Long Gate | |
| SHORT | 2,247.1 | +0.0019 | get 0.0019% / 8h | 7h 15m | $239.2M | $89.8M | 150x | Short Phemex |
Price gap−0.037%45s
Funding gap+0.0043% /8h
Funding pays +$1 a day on $10k, but the gap is 0.044% under its 7d average: −$4 if it goes back, about 3.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2+0.0043% /8h now · paid −0.024% over the last 7D
Price—spread −0.037%45s now · prices read too far apart to compare
Costs−$270.271% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.037%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hETH on 55 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books7.5 / 6.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$50 + $67Gate 200x, Phemex 150x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.30Long Gate: 3 payments, +$0.72; short Phemex: 3 payments, +$0.58.
- Watch: Prices read 45 s apart−0.037% vs +0.007%Part of this gap may be the market moving.
- Watch: Short leg is thinner$239.2M vs $1.72B OIPhemex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Phemex YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0011%/8h × 21 periods−$2.40
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$0.14
Fee Gate bp × 2 orders−$15.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$29.55
price spread not counted: prices read too far apartCosts to cover0.271%Break-evennever at this rate
Slippage: Gate: live order book, 6 min ago; Phemex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate0.027.5 bp−$87.5 bp−$7510.3 bp−$1,03121.8 bp−$10.9K
SELL · SHORTPhemex0.026.0 bp−$66.6 bp−$6611.7 bp−$1,17318.0 bp−$9,016
Closing costs about the same again.
ETH news
posts that mention ETH, from every exchange| 11-06 00:13 | GMX | Other | One month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗ |
| 11-05 22:36 | Deribit | Other | 🚨 Options Expiry Alert 🚨 At 08:00 UTC Friday, ~$2.86B in BTC and ETH options are set to expire on Deribit. $BTC: ~$2.64B notional | P/C: 0.38 | Max Pain: $79K $ETH: ~$224.5M notional | P/C: 1.27 | Max Pain: $2.35K BTC positioning is heavily call-weighted, with notable concentrations at $82K and $85K. ETH shows the opposite, with puts outweighing calls and significant put interest around $2.1K. Track the full breakdown ↓ @DeribitOfficial on X ↗ |
| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗ |
| 11-05 15:09 | RISEx | Other | Since August, trading on RISEx has become much cheaper with far less slippage; the pool is being adjusted to support these improvements. $100K orders are cheaper across $BTC, $ETH, $XAU, $SPY and $QQQ. Index ETFs improved most, about 85% cheaper, with gold about 65%. $200K $SPY and $QQQ orders couldn’t reliably fill within 20 bps in August. By October, they were closer to 2 bps. Your size continues to add depth to the book, and every large order brings in more liquidity and raises the bar for what RISEx has to deliver. RISEx is still the only venue that pays slippage back. Keep sizing up. @risextrade on X ↗ |
| 11-05 13:48 | Pacifica | Other | How does BTC’s performance compare to ETH and SOL? With Neptune, you’ll be able to turn that question into a dashboard, showing how each asset performed, how far it fell from its highs, and how closely their prices moved together. Choose the assets and timeframe in plain language, and explore the results within your workspace. @pacifica_fi on X ↗ |
| 11-05 13:40 | Binance | Contest | Binance's 2nd Community Appreciation Earn Campaign is now live! • Earn up to 10% APR on U Flexible with @UTechStables • Enjoy a share of the 40,000 USDC VIP prize pool through Dual Investment • Share $500,000 in SXT rewards through ETH and SXT Simple Earn @spaceandtime Join now → @binance on X ↗ |


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