Funding you earn now, next payment 04:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.034%
Price spread now: RISEx against Hibachi−0.042%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 4 days (all we have)+0.079%+$8 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.042%, 7d avg −0.022%
=Together, before fees+0.096%+ Points / potential airdropHibachi: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi ETH/USDT-P | 2,735.9 | 0.0256 | pay 0.0032% / 1h | 23m 19s | $253K | $1.4M | 20x |
| Short | RISEx ETH/USDC | 2,734.8 | 0.0099 | get 0.0012% / 1h | 23m 19s | $5.5M | $11.6M | 25x |
Hibachi ETH/USDT-P
RISEx ETH/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Hibachi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$32.97
- Price spread: −0.042% → −0.022%
- −$1.98
- Slippage, 4 orders
- −$3.94
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$53.89
- Costs to cover
- 0.189%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 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 Hibachi live order book, 1 min ago | 0.02 bp | 4.8 bp −$5 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 1 min ago | 0.02 bp | 3.0 bp −$3 | 3.4 bp −$34 | 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 | 2,734.9 | −0.039% | $297K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,735.3 | −0.023% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,735.7 | −0.009% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,734.8 | −0.042% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,735.1 | −0.030% | $10.8M | $41.6M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,734.9 | −0.038% | $187K | $823K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,735 | −0.034% | $830K | $2.9M | 25x | as long as short |
| Bullet ETH-USD | +0.0007% | 1h | 2,734.1 | −0.067% | $179K | $1.7M | 20x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,734.8 | −0.043% | $28.1M | — | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0043% | 1h | 2,735 | −0.036% | $8.7M | $31.3M | 100x | as long as short |
Perpl ETH
Injective ETH/USDC PERP
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
dYdX ETH-USD
01 Exchange ETHUSD
Phoenix ETH
Bullet ETH-USD
gTrade (Gains Network) ETH/USD
ApeX Omni ETHUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ETH-USDT | +0.0052% | 8h | 2,734.3 | −0.060% | $1.06B | $1.20B | 200x | as long as short |
| BingX ETH-USDC | +0.0055% | 8h | 2,733.8 | −0.078% | — | $18.4M | — | as long as short |
| Bybit ETHUSDT | +0.0064% | 8h | 2,734.3 | −0.061% | $2.39B | $4.35B | 150x | as long as short |
| KuCoin ETHUSDTM | +0.0066% | 8h | 2,734.3 | −0.059% | $380.3M | $574.7M | 100x | as long as short |
| Phemex ETHUSDT | +0.0068% | 8h | 2,734.7 | −0.045% | $265.9M | $65.3M | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.0070% | 8h | 2,734.6 | −0.048% | $1.67B | $10.72B | 100x | as long as short |
| SoDEX ETH-USD | +0.0083% | 1h | 2,734.8 | −0.041% | $54.5M | $187.6M | 40x | as long as short |
| Aster ETHUSDT | +0.0087% | 8h | 2,734.3 | −0.061% | $250.9M | $842.7M | 200x | as long as short |
| MEXC ETH_USDT | +0.0094% | 8h | 2,734.3 | −0.062% | $1.54B | $2.56B | 500x | as long as short |
| Binance ETHUSDT | +0.0095% | 8h | 2,734.5 | −0.054% | $6.35B | $15.86B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,734.8 | −0.042% | $112.9M | $439.9M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,736.1 | +0.008% | $23.4M | $106.5M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,734.7 | −0.045% | — | $30.9M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,731.9 | −0.147% | $4.9M | $155K | 20x | as long as short |
| Paradex ETH-USD-PERP | +0.0098% | 8h | 2,738.4 | +0.091% | $15.6M | $8.0M | 50x | as long as short |
| RISEx ETH/USDCshort | +0.0099% | 1h | 2,734.8 | −0.042% | $5.5M | $11.6M | 25x | |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,734.5 | −0.052% | $500K | $3.2M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,734.5 | −0.054% | $13.8M | $104.3M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,736.6 | +0.024% | $3.10B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,735 | −0.033% | $31.9M | $334.7M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,733.2 | −0.100% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,734.8 | −0.040% | $1.6M | $16.3M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,734.6 | −0.051% | $3.34B | $8.90B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,734.9 | −0.040% | $2.07B | $2.74B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,734.9 | −0.039% | $15.0M | $39.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,732.8 | −0.116% | $133.6M | $325.4M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,733.7 | −0.083% | $183.9M | $671.0M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,733.7 | −0.082% | $159.0M | $86.6M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,735 | −0.034% | $21.1M | $68.1M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,735.3 | −0.024% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,736 | +0.002% | $11.2M | $9.1M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,734.9 | −0.036% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,736.5 | +0.020% | $41.3M | $29.9M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,733.4 | −0.092% | $959K | $11.3M | 100x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,734.8 | −0.040% | $164.8M | $300.4M | 25x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,734.1 | −0.068% | $30.3M | $72.6M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,736 | +0.002% | $51.4M | $4.27B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0118% | 1h | 2,735.1 | −0.030% | $30K | $20K | 20x | as long as short |
| Deribit ETH-PERPETUAL | +0.0130% | 1h | 2,736.2 | +0.010% | $260.1M | $195.7M | 50x | as long as short |
| Kalshi KXETHPERP | +0.0140% | 8h | 2,735.2 | −0.027% | $6.7M | $678.5M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0194% | 8h | 2,736.9 | +0.037% | $32.2M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0220% | 1h | 2,733.5 | −0.089% | $7.3M | $1.2M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,735.6 | −0.012% | $83.4M | $314.7M | 100x | as long as short |
| Hibachi ETH/USDT-Plong | +0.0256% | 1h | 2,735.9 | long leg | $253K | $1.4M | 20x | |
| BloFin ETH-USDT | +0.0377% | 8h | 2,735.2 | −0.025% | $282.7M | $175.2M | 150x | as long as short |
HTX ETH-USDT
BingX ETH-USDC
Bybit ETHUSDT
KuCoin ETHUSDTM
Phemex ETHUSDT
OKX ETH-USDT-SWAP
SoDEX ETH-USD
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Aevo ETH-PERP
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Bulk ETH-USD
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Deribit ETH-PERPETUAL
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
Reya ETHRUSDPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT