ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%

Price spread now: Pacifica against Hotstuff+0.235%7-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 Pacifica

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 · Pacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.235% dearer against Hotstuff than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff ETH-PERP	2,771.8	−0.0080	get 0.0010% / 1h	24m 19s	$5K	$2K	50x
Short	Pacifica ETH	2,778.3	0.0100	get 0.0013% / 1h	24m 19s	$31.2M	$299.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.235%Rate

Funding earned: $37.8
Price spread: +0.235% → 0.000%: $23.53
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $48.33
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Pacifica: live order book, 5 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 Pacifica live order book, 5 min ago	0.18 bp	4.2 bp −$4	4.7 bp −$47	doesn't fit	doesn't fit

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	2,776.9	+0.183%	$288K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,776.2	+0.159%	$5.8M	$12.0M	25x	as long as short
Hotstuff ETH-PERPlong	−0.0080%	1h	2,771.8	long leg	$5K	$2K	50x
Injective ETH/USDC PERP	−0.0041%	1h	2,771.8	0.000%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,777.3	+0.198%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0027%	1h	2,774.3	+0.092%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,777.6	+0.211%	$12.7M	$45.5M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,773.9	+0.076%	$885K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,777.8	+0.218%	$22.4M	—	200x	as long as short
BingX ETH-USDT	+0.0017%	8h	2,777	+0.189%	—	$1.18B	—	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	+0.0021%	8h	2,776.3	+0.164%	$1.69B	$11.89B	100x	as long as short
Phemex ETHUSDT	+0.0021%	8h	2,775.5	+0.133%	$269.8M	$68.7M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,777.7	+0.213%	$13.0M	—	200x	as long as short
Aster ETHUSDT	+0.0033%	8h	2,777	+0.188%	$256.3M	$991.4M	200x	as long as short
Bullet ETH-USD	+0.0037%	1h	2,777	+0.186%	$181K	$1.7M	20x	as long as short
Nado ETH-PERP	+0.0056%	1h	2,776.8	+0.179%	$14.4M	$118.1M	50x	as long as short
MEXC ETH_USDT	+0.0060%	8h	2,777	+0.188%	$1.62B	$2.67B	500x	as long as short
Binance ETHUSDT	+0.0060%	8h	2,777.1	+0.190%	$6.43B	$17.19B	150x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,775.6	+0.136%	$5.0M	$636K	20x	as long as short
Bitget ETHUSDT	+0.0071%	8h	2,776.8	+0.179%	$2.10B	$3.10B	150x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,776.9	+0.184%	$3.29B	$9.63B	200x	as long as short
ApeX Omni ETHUSDT	+0.0073%	1h	2,772.4	+0.023%	$8.8M	$32.6M	100x	as long as short
SoDEX ETH-USD	+0.0076%	1h	2,774.7	+0.105%	$55.2M	$228.9M	40x	as long as short
Bybit ETHUSDT	+0.0093%	8h	2,776.6	+0.172%	$2.52B	$4.62B	150x	as long as short
HTX ETH-USDT	+0.0094%	8h	2,774.5	+0.097%	$1.08B	$1.32B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,778.5	+0.240%	$115.1M	$500.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,780	+0.294%	$25.4M	$121.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,778.8	+0.252%	—	$41.6M	500x	as long as short
Deribit ETH-PERPETUAL	+0.0096%	1h	2,776.5	+0.168%	$258.3M	$222.1M	50x	as long as short
KuCoin ETHUSDTM	+0.0097%	8h	2,776.9	+0.183%	$423.7M	$739.4M	100x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,777.4	+0.200%	$16.0M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,777	+0.188%	$477K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,779	+0.260%	$3.19B	$2.36B	25x	as long as short
Pacifica ETHshort	+0.0100%	1h	2,778.3	+0.235%	$31.2M	$299.8M	50x
Ondo Perps ETH-USD.P	+0.0100%	1h	2,776.7	+0.177%	$2.8M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,778.2	+0.230%	$2.7M	$17.5M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,767.4	−0.158%	$166.0M	$246.7M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,775.8	+0.146%	$15.2M	$44.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,771.9	+0.004%	$137.1M	$324.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.7	−0.039%	$181.3M	$782.1M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,772.9	+0.041%	$161.3M	$91.2M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,774.6	+0.101%	$21.4M	$58.1M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,776.9	+0.186%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,778.1	+0.227%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,777.6	+0.209%	$21K	$24K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,777	+0.187%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,773	+0.043%	$971K	$14.0M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,775.7	+0.142%	$32.8M	$77.4M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,776.1	+0.155%	$60.1M	$4.60B	50x	as long as short
Kalshi KXETHPERP	+0.0123%	8h	2,774.5	+0.097%	$8.4M	$678.1M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0136%	8h	2,779.2	+0.268%	$32.6M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,775.9	+0.148%	$86.0M	$331.7M	100x	as long as short
BloFin ETH-USDT	+0.0180%	8h	2,774.5	+0.096%	$285.6M	$194.6M	150x	as long as short
Reya ETHRUSDPERP	+0.0192%	1h	2,776.7	+0.178%	$7.4M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0200%	1h	2,775.8	+0.146%	$271K	$1.5M	20x	as long as short