ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: StandX against Lighter RH−0.011%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$140.138% of the position

Long on Lighter RH Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.011%, 7d avg −0.009%

Together, before fees+0.017%+ Points / potential airdropLighter RH: Points live · StandX: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ETH	2,727.2	0.0096	pay 0.0012% / 1h	36m 26s	$23.4M	$103.0M	50x
Short	StandX ETH-USD	2,726.9	0.0100	get 0.0013% / 1h	36m 26s	$21.0M	$69.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.011%Rate

Funding earned: $0.84
Price spread: −0.011% → −0.009%: −$0.26
Slippage, 4 orders: −$5.81
Fee Lighter RH: 0 bp × 2 orders: $0
Fee StandX: 4 bp × 2 orders: −$8
Net: −$13.23
Costs to cover: 0.138%
Break-even: 117.2 days

Slippage from Lighter RH: live order book, 3 min ago; StandX: live order book, 3 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 Lighter RH live order book, 3 min ago	1.01 bp	1.1 bp −$1	3.2 bp −$32	11.7 bp −$1,166	69.7 bp −$34.9K
Sell StandX live order book, 3 min ago	1.10 bp	5.5 bp −$5	7.7 bp −$77	13.3 bp −$1,331	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
ApeX Omni ETHUSDT	−0.0113%	1h	2,727.4	+0.007%	$8.6M	$31.4M	100x	as long as short
Perpl ETH	−0.0112%	43m	2,725.4	−0.066%	$288K	$5.8M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,726.3	−0.033%	$5K	$1K	50x	as long as short
Injective ETH/USDC PERP	−0.0040%	1h	2,727.6	+0.014%	$117K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,725.9	−0.049%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,727.4	+0.007%	$816K	$3.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,725.9	−0.049%	$10.5M	$42.9M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,727	−0.008%	$6.7M	$689.9M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,727	−0.009%	$262.7M	$215.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,726.2	−0.039%	$32.9M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ETH-USDT	+0.0009%	8h	2,725.8	−0.052%	$1.05B	$1.23B	200x	as long as short
01 Exchange ETHUSD	+0.0024%	1h	2,726.1	−0.041%	$192K	$895K	50x	as long as short
BingX ETH-USDC	+0.0030%	8h	2,724.7	−0.094%	—	$18.6M	—	as long as short
Bybit ETHUSDT	+0.0033%	8h	2,725.4	−0.066%	$2.34B	$4.42B	150x	as long as short
SoDEX ETH-USD	+0.0064%	1h	2,726.2	−0.037%	$54.3M	$187.5M	40x	as long as short
KuCoin ETHUSDTM	+0.0072%	8h	2,725.3	−0.072%	$376.0M	$577.6M	100x	as long as short
Aster ETHUSDT	+0.0083%	8h	2,725.5	−0.064%	$251.9M	$850.0M	200x	as long as short
SunX ETH-USDT	+0.0085%	8h	2,726.2	−0.038%	$955K	$11.1M	100x	as long as short
Aftermath Perps ETHUSD	+0.0086%	1h	2,727	−0.006%	$30K	$20K	20x	as long as short
OKX ETH-USDT-SWAP	+0.0088%	8h	2,725.4	−0.065%	$1.65B	$10.92B	100x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,723.9	−0.120%	$4.9M	$165K	20x	as long as short
MEXC ETH_USDT	+0.0090%	8h	2,725.3	−0.072%	$1.52B	$2.59B	500x	as long as short
Binance ETHUSDT	+0.0091%	8h	2,725.5	−0.062%	$6.32B	$16.18B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,725.9	−0.050%	$111.9M	$434.1M	50x	as long as short
Lighter RH ETHlong	+0.0096%	1h	2,727.2	long leg	$23.4M	$103.0M	50x
Katana Perps ETH-USD	+0.0100%	8h	2,725.3	−0.070%	$508K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,729.2	+0.074%	$15.3M	$8.0M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,725.5	−0.063%	$179K	$1.7M	20x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,725.3	−0.070%	$14.1M	$105.3M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,727.4	+0.007%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,726.5	−0.025%	$31.9M	$333.7M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,724.9	−0.085%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,726.1	−0.041%	$1.5M	$16.3M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,727.3	+0.002%	$162.4M	$353.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,725.7	−0.057%	$3.29B	$8.97B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,724.8	−0.089%	$2.08B	$2.79B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,725.4	−0.068%	$15.0M	$41.9M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,726.2	−0.039%	$133.5M	$324.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,724.5	−0.098%	$184.7M	$681.3M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,726.6	−0.022%	$158.4M	$87.4M	50x	as long as short
StandX ETH-USDshort	+0.0100%	1h	2,726.9	−0.011%	$21.0M	$69.5M	40x
Vest ETH-PERP	+0.0100%	1h	2,726.6	−0.022%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,726.4	−0.030%	$11.2M	$9.5M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,726.1	−0.042%	$22K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,727.9	+0.024%	$40.9M	$30.2M	15x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,726.2	−0.038%	$262.8M	$64.8M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,724.3	−0.106%	$30.4M	$74.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,725.9	−0.049%	—	$30.5M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,727.7	+0.018%	$50.1M	$4.32B	50x	as long as short
RISEx ETH/USDC	+0.0115%	1h	2,726.1	−0.040%	$5.6M	$11.7M	25x	as long as short
Orderly PERP_ETH_USDC	+0.0186%	8h	2,728.1	+0.033%	$32.1M	$11.4M	100x	as long as short
Reya ETHRUSDPERP	+0.0192%	1h	2,724.1	−0.114%	$7.3M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0211%	1h	2,726.9	−0.013%	$83.2M	$311.7M	100x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,727.7	+0.017%	$245K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0363%	8h	2,726.2	−0.039%	$281.8M	$175.4M	150x	as long as short