ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.68 per $10,000 · paid last 24h +0.020%

Price spread now: Aster against GRVT−0.105%110s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$180.180% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days+0.106%+$11 · spread now −0.105%, 7d avg −0.017%

Together, before fees+0.127%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.088% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.017%). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ETH_USDT_Perp	2,771.5	0.0100	pay 0.0100% / 8h	1h 57m	$161.2M	$96.5M	50x
Short	Aster ETHUSDT	2,768.6	0.0032	get 0.0032% / 8h	1h 57m	$256.0M	$994.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now −0.105%Rate

Funding earned: −$14.32
Price spread: −0.105% → −0.017%: −$8.77
Slippage, 4 orders: −$1.03
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$41.12
Costs to cover: 0.180%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; Aster: live order book, 2 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 GRVT live order book, 2 min ago	0.02 bp	5.3 bp −$5	5.6 bp −$56	8.4 bp −$839	17.5 bp −$8,759
Sell Aster live order book, 2 min ago	0.02 bp	4.1 bp −$4	4.2 bp −$42	5.6 bp −$560	11.9 bp −$5,938

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	−0.0112%	43m	2,769.1	−0.085%	$290K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,768	−0.125%	$5.8M	$12.1M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,768	−0.125%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0056%	1h	2,768.6	−0.104%	$169K	$1.2M	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,769.5	−0.071%	$119K	$22.5M	52x	as long as short
Phoenix ETH	−0.0023%	1h	2,770.5	−0.035%	$884K	$3.6M	25x	as long as short
Nado ETH-PERP	−0.0001%	1h	2,768.2	−0.117%	$14.3M	$118.9M	50x	as long as short
Aftermath Perps ETHUSD	0.0000%	1h	2,771	−0.016%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,770	−0.053%	$12.7M	$45.5M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,769.3	−0.079%	$22.4M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDC	+0.0017%	8h	2,767.7	−0.135%	—	$17.3M	—	as long as short
OKX ETH-USDT-SWAP	+0.0023%	8h	2,767.8	−0.133%	$1.71B	$11.84B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,769.2	−0.083%	$13.2M	—	200x	as long as short
Aster ETHUSDTshort	+0.0032%	8h	2,768.6	−0.105%	$256.0M	$994.0M	200x
ApeX Omni ETHUSDT	+0.0034%	1h	2,770.6	−0.031%	$8.7M	$32.6M	100x	as long as short
Bullet ETH-USD	+0.0036%	1h	2,768.5	−0.108%	$182K	$1.8M	20x	as long as short
Phemex ETHUSDT	+0.0039%	8h	2,768.3	−0.115%	$266.7M	$66.0M	150x	as long as short
SoDEX ETH-USD	+0.0045%	1h	2,767.5	−0.143%	$55.1M	$228.6M	40x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,765.3	−0.222%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDT	+0.0052%	8h	2,767.8	−0.133%	$1.59B	$2.62B	500x	as long as short
Binance ETHUSDT	+0.0052%	8h	2,768.6	−0.104%	$6.42B	$17.21B	150x	as long as short
Deribit ETH-PERPETUAL	+0.0053%	1h	2,769.1	−0.086%	$258.4M	$225.1M	50x	as long as short
Bitget ETHUSDT	+0.0074%	8h	2,767.9	−0.130%	$2.10B	$3.12B	150x	as long as short
Gate ETH_USDT	+0.0076%	8h	2,768	−0.125%	$3.28B	$9.53B	200x	as long as short
HTX ETH-USDT	+0.0096%	8h	2,767.6	−0.141%	$1.08B	$1.32B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,769.4	−0.074%	$114.7M	$494.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,770.8	−0.024%	$25.4M	$120.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,771.8	+0.010%	—	$41.8M	500x	as long as short
Variational Omni ETH	+0.0099%	8h	2,770.9	−0.021%	$140.8M	$321.1M	—	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,768.6	−0.103%	$15.9M	$10.7M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,768.8	−0.097%	$481K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,771.3	−0.006%	$3.19B	$2.40B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,769.2	−0.081%	$31.2M	$293.6M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,767.8	−0.132%	$2.51B	$4.63B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,767.5	−0.143%	$2.8M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,769.8	−0.062%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,771	−0.019%	$164.2M	$249.6M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,767.9	−0.128%	$421.8M	$741.3M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,768.1	−0.122%	$15.2M	$43.1M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.6	−0.033%	$179.5M	$783.0M	100x	as long as short
GRVT ETH_USDT_Perplong	+0.0100%	8h	2,771.5	long leg	$161.2M	$96.5M	50x
StandX ETH-USD	+0.0100%	1h	2,771	−0.017%	$21.4M	$57.9M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,769.4	−0.074%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,770.1	−0.050%	$10.8M	$7.7M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,769	−0.091%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,769.8	−0.062%	$42.6M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,769.6	−0.069%	$971K	$14.1M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,767.6	−0.141%	$31.5M	$75.3M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,769.1	−0.085%	$59.8M	$4.61B	50x	as long as short
Kalshi KXETHPERP	+0.0109%	8h	2,769.7	−0.064%	$8.5M	$673.3M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0137%	8h	2,770.3	−0.041%	$32.5M	$12.1M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,768.8	−0.095%	$86.0M	$331.7M	100x	as long as short
BloFin ETH-USDT	+0.0173%	8h	2,771	−0.019%	$285.9M	$195.0M	150x	as long as short
Reya ETHRUSDPERP	+0.0186%	1h	2,768.6	−0.103%	$7.3M	$1.1M	25x	as long as short
Hibachi ETH/USDT-P	+0.0472%	1h	2,771.9	+0.015%	$279K	$1.5M	20x	as long as short