ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.026%

Price spread now: gTrade (Gains Network) against Hotstuff+0.138%50s7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.138% dearer against Hotstuff than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	Hotstuff ETH-PERP	2,778	−0.0080	get 0.0010% / 1h	39m 43s	$5K	$2K	50x
Short	gTrade (Gains Network) ETH/USD	2,781.8	L +0.0006% / S −0.0006%	get 0.0001% / 1h	39m 43s	$22.5M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Hotstuff. 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 HotstuffbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.138%Rate

Funding earned: $18.04
Price spread: +0.138% → 0.000%: $13.79
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: $19.83
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 4 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 Hotstuff no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago	0.54 bp	4.1 bp −$4	4.1 bp −$41	5.0 bp −$501	8.9 bp −$4,450

Hotstuff: 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	2,780.3	+0.084%	$289K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,777.2	−0.030%	$5.8M	$12.1M	25x	as long as short
Hotstuff ETH-PERPlong	−0.0080%	1h	2,778	long leg	$5K	$2K	50x
Injective ETH/USDC PERP	−0.0041%	1h	2,775.7	−0.083%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0032%	1h	2,778	0.000%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0027%	1h	2,778	+0.001%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,780	+0.071%	$12.7M	$45.5M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,774.2	−0.137%	$885K	$3.7M	25x	as long as short
Phemex ETHUSDT	+0.0004%	8h	2,780.4	+0.085%	$270.4M	$68.5M	150x	as long as short
gTrade (Gains Network) ETH/USDshort	L +0.0006% / S −0.0006%	1h	2,781.8	+0.138%	$22.5M	—	200x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDT	+0.0015%	8h	2,777.5	−0.018%	—	$1.18B	—	as long as short
OKX ETH-USDT-SWAP	+0.0019%	8h	2,777.3	−0.027%	$1.71B	$11.83B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,781.7	+0.132%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0039%	8h	2,780.3	+0.082%	$257.0M	$989.7M	200x	as long as short
Bullet ETH-USD	+0.0040%	1h	2,781	+0.109%	$182K	$1.8M	20x	as long as short
Nado ETH-PERP	+0.0050%	1h	2,780.7	+0.096%	$14.3M	$117.8M	50x	as long as short
Aevo ETH-PERP	+0.0056%	1h	2,774.9	−0.111%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDT	+0.0061%	8h	2,777.5	−0.019%	$1.62B	$2.65B	500x	as long as short
Binance ETHUSDT	+0.0062%	8h	2,777.8	−0.008%	$6.45B	$17.10B	150x	as long as short
Bitget ETHUSDT	+0.0073%	8h	2,777.4	−0.022%	$2.10B	$3.10B	150x	as long as short
Gate ETH_USDT	+0.0076%	8h	2,777.4	−0.022%	$3.29B	$9.57B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,778.4	+0.013%	$115.1M	$497.7M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,780.7	+0.098%	$25.5M	$120.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,780.6	+0.093%	—	$41.5M	500x	as long as short
Bybit ETHUSDT	+0.0096%	8h	2,777.4	−0.021%	$2.52B	$4.59B	150x	as long as short
HTX ETH-USDT	+0.0096%	8h	2,781.1	+0.111%	$1.08B	$1.31B	200x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,778.7	+0.026%	$16.0M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,778.1	+0.004%	$482K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,781.3	+0.119%	$3.19B	$2.36B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,778.9	+0.033%	$31.4M	$297.6M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,777.2	−0.029%	$2.8M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,779.4	+0.051%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,781.3	+0.119%	$166.9M	$248.1M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,779	+0.034%	$426.4M	$737.7M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,781.5	+0.124%	$15.3M	$44.0M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,781.7	+0.133%	$135.5M	$322.3M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,776.9	−0.040%	$180.0M	$778.3M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,776.5	−0.053%	$161.5M	$93.1M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,776.6	−0.052%	$8.7M	$32.6M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,780.3	+0.083%	$21.5M	$57.9M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,781.2	+0.114%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,782.2	+0.151%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,781.3	+0.120%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,783.1	+0.183%	$42.8M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,779.6	+0.056%	$975K	$14.0M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,780.8	+0.101%	$55.4M	$228.8M	40x	as long as short
Extended ETH-USD	+0.0104%	1h	2,776.9	−0.041%	$31.6M	$74.6M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,782.1	+0.148%	$60.3M	$4.60B	50x	as long as short
Hibachi ETH/USDT-P	+0.0112%	1h	2,782	+0.145%	$279K	$1.5M	20x	as long as short
Kalshi KXETHPERP	+0.0114%	8h	2,781.5	+0.126%	$8.6M	$672.9M	4.9x	as long as short
Deribit ETH-PERPETUAL	+0.0120%	1h	2,782.4	+0.157%	$258.4M	$221.6M	50x	as long as short
Orderly PERP_ETH_USDC	+0.0139%	8h	2,783.5	+0.199%	$32.7M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0169%	1h	2,781.8	+0.138%	$86.3M	$330.4M	100x	as long as short
BloFin ETH-USDT	+0.0178%	8h	2,779.6	+0.059%	$285.4M	$194.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0189%	1h	2,780.7	+0.097%	$7.4M	$1.1M	25x	as long as short