ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.026%

Price spread now: StandX against GMX−0.042%7-day average −0.020% · you buy dearer than you sell

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

Long on GMX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.042%, 7d avg −0.020%

Together, before fees−0.047%+ Points / potential airdropStandX: Active · farm board−$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. StandX is 0.022% cheaper against GMX than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of −0.020%). If the spread goes back, that is −$2 on $10k: about 24 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ETH/USD [ETH-USDC]	2,779.7	L +0.0027% / S +0.0009%	pay 0.0003% / 1h	58m 02s	$13.0M	—	200x
Short	StandX ETH-USD	2,778.5	0.0100	get 0.0013% / 1h	58m 02s	$21.5M	$58.2M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against GMX. 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 GMXbpFee StandXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $15.43
Price spread: −0.042% → −0.020%: −$2.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$6.76
Costs to cover: 0.200%
Break-even: 10.1 days

Slippage unknown: GMX: no order-book sample; StandX: live order book, 1 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 GMX no order-book sample	—	—	—	—	—
Sell StandX live order book, 1 min ago	1.26 bp	6.3 bp −$6	8.2 bp −$82	11.6 bp −$1,162	doesn't fit

GMX: 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	2,778.5	−0.042%	$288K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0206%	1h	2,778.6	−0.040%	$5.7M	$11.9M	25x	as long as short
Injective ETH/USDC PERP	−0.0088%	1h	2,777.3	−0.085%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,778	−0.060%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0032%	1h	2,779.4	−0.010%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0002%	1h	2,777.4	−0.081%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,777.9	−0.064%	$12.7M	$45.9M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,777.6	−0.075%	$881K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,779.8	+0.004%	$22.4M	—	200x	as long as short
BingX ETH-USDT	+0.0014%	8h	2,779.5	−0.005%	—	$1.21B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0018%	8h	2,780.2	+0.019%	$1.70B	$11.89B	100x	as long as short
Bullet ETH-USD	+0.0021%	1h	2,779	−0.025%	$181K	$1.7M	20x	as long as short
Phemex ETHUSDT	+0.0022%	8h	2,779.2	−0.019%	$270.7M	$68.8M	150x	as long as short
GMX ETH/USD [ETH-USDC]long	L +0.0027% / S +0.0009%	1h	2,779.7	long leg	$13.0M	—	200x
Aster ETHUSDT	+0.0034%	8h	2,780	+0.012%	$255.0M	$995.9M	200x	as long as short
Nado ETH-PERP	+0.0035%	1h	2,779.4	−0.011%	$14.3M	$118.2M	50x	as long as short
ApeX Omni ETHUSDT	+0.0058%	1h	2,777.6	−0.076%	$8.8M	$32.7M	100x	as long as short
MEXC ETH_USDT	+0.0061%	8h	2,779.7	+0.002%	$1.60B	$2.62B	500x	as long as short
Binance ETHUSDT	+0.0061%	8h	2,780.1	+0.014%	$6.45B	$17.23B	150x	as long as short
Bitget ETHUSDT	+0.0064%	8h	2,780.1	+0.014%	$2.10B	$3.10B	150x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,777.7	−0.070%	$5.0M	$636K	20x	as long as short
SoDEX ETH-USD	+0.0069%	1h	2,778.7	−0.035%	$55.3M	$229.0M	40x	as long as short
Deribit ETH-PERPETUAL	+0.0070%	1h	2,780.5	+0.030%	$258.7M	$222.8M	50x	as long as short
Gate ETH_USDT	+0.0071%	8h	2,779.3	−0.014%	$3.30B	$9.56B	200x	as long as short
HTX ETH-USDT	+0.0087%	8h	2,778.9	−0.029%	$1.08B	$1.32B	200x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	2,780	+0.012%	$60.1M	$4.61B	50x	as long as short
Bybit ETHUSDT	+0.0091%	8h	2,780.3	+0.024%	$2.52B	$4.63B	150x	as long as short
KuCoin ETHUSDTM	+0.0092%	8h	2,778.9	−0.027%	$423.6M	$739.5M	100x	as long as short
Vest ETH-PERP	+0.0096%	1h	2,779.3	−0.012%	—	$1.1M	50x	as long as short
Lighter ETH	+0.0096%	1h	2,779.4	−0.009%	$115.2M	$492.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,780.8	+0.042%	$25.5M	$120.3M	50x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,778.3	−0.050%	$16.0M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,779.2	−0.017%	$478K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,782.2	+0.091%	$3.20B	$2.35B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,779.1	−0.021%	$31.3M	$306.5M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,777.9	−0.064%	$2.8M	$17.2M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,780.1	+0.015%	$2.7M	$17.2M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,777.9	−0.062%	$168.1M	$250.4M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,779.6	−0.004%	$15.1M	$44.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,775.9	−0.135%	$147.5M	$336.8M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,777	−0.095%	$181.7M	$781.3M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,776.9	−0.100%	$161.5M	$90.7M	50x	as long as short
StandX ETH-USDshort	+0.0100%	1h	2,778.5	−0.042%	$21.5M	$58.2M	40x
Polymarket Perps ETH-USD	+0.0100%	1h	2,781.2	+0.055%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,779.7	+0.001%	$21K	$24K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,781.3	+0.060%	$42.8M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,779.2	−0.017%	$974K	$13.9M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,779.6	−0.001%	$32.6M	$77.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,780.3	+0.022%	—	$41.8M	500x	as long as short
Kraken Futures PF_ETHUSD	+0.0123%	1h	2,780.1	+0.014%	$86.6M	$332.7M	100x	as long as short
Kalshi KXETHPERP	+0.0124%	8h	2,778.8	−0.031%	$8.3M	$681.7M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0135%	8h	2,782	+0.082%	$32.6M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0181%	8h	2,776.8	−0.104%	$285.0M	$195.0M	150x	as long as short
Reya ETHRUSDPERP	+0.0196%	1h	2,779.7	+0.001%	$7.4M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0296%	1h	2,778.5	−0.041%	$270K	$1.5M	20x	as long as short