ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.053%

Price spread now: Hotstuff against Lighter RH+0.013%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Hotstuff

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 airdropLighter RH: Points live · Hotstuff: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ETH	2,772.3	0.0096	pay 0.0012% / 1h	52m 14s	$25.4M	$121.6M	50x
Short	Hotstuff ETH-PERP	2,772.6	−0.0080	pay 0.0010% / 1h	52m 14s	$5K	$2K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Lighter RH. 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 Lighter RHbpFee HotstuffbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$36.96
Price spread: +0.013% → 0.000%: $1.26
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$40.7
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 2 min ago; Hotstuff: no order-book sample. 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 Lighter RH live order book, 2 min ago	1.23 bp	1.8 bp −$2	3.4 bp −$34	11.2 bp −$1,119	73.4 bp −$36.7K
Sell Hotstuff no order-book sample	—	—	—	—	—

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	2,771	−0.045%	$289K	$6.9M	8.3x	as long as short
ApeX Omni ETHUSDT	−0.0318%	1h	2,773.3	+0.036%	$10.5M	$30.9M	100x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,774.7	+0.088%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERPshort	−0.0080%	1h	2,772.6	+0.013%	$5K	$2K	50x
01 Exchange ETHUSD	−0.0072%	1h	2,770.8	−0.052%	$172K	$1.2M	50x	as long as short
Phoenix ETH	−0.0023%	1h	2,776.7	+0.161%	$797K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,771	−0.046%	$5.8M	$12.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,773	+0.026%	$12.9M	$45.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,771.9	−0.014%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0022%	8h	2,771	−0.044%	$266.6M	$66.0M	150x	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	+0.0022%	8h	2,769.9	−0.086%	$1.70B	$11.90B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,772.3	+0.002%	$13.0M	—	200x	as long as short
Aftermath Perps ETHUSD	+0.0034%	1h	2,776.8	+0.163%	$29K	$22K	20x	as long as short
Binance ETHUSDT	+0.0044%	8h	2,770.2	−0.073%	$6.44B	$17.26B	150x	as long as short
MEXC ETH_USDT	+0.0044%	8h	2,770.2	−0.075%	$1.60B	$2.62B	500x	as long as short
Aster ETHUSDT	+0.0046%	8h	2,770.7	−0.055%	$256.1M	$999.2M	200x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,768.2	−0.146%	$5.0M	$636K	20x	as long as short
Gate ETH_USDT	+0.0056%	8h	2,770.2	−0.075%	$3.29B	$9.53B	200x	as long as short
SoDEX ETH-USD	+0.0070%	1h	2,770.8	−0.052%	$55.2M	$228.6M	40x	as long as short
Bitget ETHUSDT	+0.0074%	8h	2,769.9	−0.085%	$2.09B	$3.14B	150x	as long as short
Bullet ETH-USD	+0.0081%	1h	2,771.2	−0.038%	$188K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0092%	8h	2,775.7	+0.126%	$140.7M	$320.1M	—	as long as short
Lighter ETH	+0.0096%	1h	2,770.8	−0.051%	$115.2M	$507.8M	50x	as long as short
Lighter RH ETHlong	+0.0096%	1h	2,772.3	long leg	$25.4M	$121.6M	50x
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,772.7	+0.017%	—	$42.7M	500x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,772.6	+0.013%	$15.9M	$11.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,771.6	−0.023%	$492K	$2.6M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,770.8	−0.052%	$16.1M	$115.2M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,773	+0.028%	$3.20B	$2.38B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,771.9	−0.013%	$31.2M	$281.2M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,770	−0.081%	$2.51B	$4.66B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,771.1	−0.041%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,773	+0.026%	$2.8M	$17.7M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,780.5	+0.298%	$165.0M	$263.0M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,770.2	−0.075%	$426.4M	$745.4M	100x	as long as short
BingX ETH-USDT	+0.0100%	8h	2,770	−0.083%	—	$1.19B	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,770.9	−0.049%	$15.4M	$42.4M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,774.5	+0.081%	$177.5M	$786.7M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,777	+0.173%	$161.5M	$98.2M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,773.9	+0.060%	$21.4M	$57.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,772.3	0.000%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,772.6	+0.013%	$10.8M	$7.9M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,771.8	−0.017%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,773.5	+0.045%	$42.9M	$29.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,770.6	−0.058%	$972K	$14.3M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,770.5	−0.063%	$1.08B	$1.32B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	2,770.3	−0.071%	$31.6M	$76.4M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,772.2	0.000%	$60.4M	$4.66B	50x	as long as short
Kalshi KXETHPERP	+0.0111%	8h	2,772.2	−0.002%	$8.6M	$671.3M	4.9x	as long as short
Deribit ETH-PERPETUAL	+0.0111%	1h	2,772.7	+0.015%	$258.9M	$223.5M	50x	as long as short
Orderly PERP_ETH_USDC	+0.0128%	8h	2,773.6	+0.050%	$32.5M	$11.7M	100x	as long as short
BloFin ETH-USDT	+0.0164%	8h	2,773.2	+0.033%	$287.2M	$197.4M	150x	as long as short
Reya ETHRUSDPERP	+0.0193%	1h	2,770.4	−0.066%	$7.5M	$992K	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,772.2	−0.003%	$88.5M	$331.1M	100x	as long as short
Hibachi ETH/USDT-P	+0.0368%	1h	2,774.6	+0.085%	$273K	$1.5M	20x	as long as short