Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against RISEx−0.046%7-day average −0.055% · 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−$13as in the Price arb table
costs, in and out, $10k−$140.138% of the position
Funding, last 4 days (all we have)−0.003%$0 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.046%, 7d avg −0.055%
=Together, before fees+0.011%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ETH/USDC | 2,738.9 | 0.0099 | pay 0.0012% / 1h | 0m 49s | $5.7M | $11.7M | 25x |
| Short | Extended ETH-USD | 2,737.6 | 0.0104 | get 0.0013% / 1h | 0m 49s | $30.4M | $72.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against RISEx. 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
- $1.05
- Price spread: −0.046% → −0.055%
- $0.93
- Slippage, 4 orders
- −$2.84
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$11.86
- Costs to cover
- 0.138%
- Break-even
- 86.3 days
Slippage from RISEx: live order book, 3 min ago; Extended: 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 RISEx live order book, 3 min ago | 0.02 bp | 5.2 bp −$5 | 5.9 bp −$59 | 277.9 bp −$27.8K | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.18 bp | 2.7 bp −$3 | 2.7 bp −$27 | 3.3 bp −$334 | 10.9 bp −$5,444 |
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 | 2,737.9 | −0.036% | $297K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,734.2 | −0.170% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,737.2 | −0.060% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,737.7 | −0.041% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,737.3 | −0.057% | $827K | $2.9M | 25x | as long as short |
| dYdX ETH-USD | +0.0001% | 1h | 2,738.2 | −0.025% | $10.7M | $41.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,737.9 | −0.037% | $28.1M | — | 200x | as long as short |
| 01 Exchange ETHUSD | +0.0008% | 1h | 2,738.5 | −0.013% | $187K | $822K | 50x | as long as short |
| Bullet ETH-USD | +0.0015% | 1h | 2,737.5 | −0.051% | $179K | $1.7M | 20x | as long as short |
| HTX ETH-USDT | +0.0022% | 8h | 2,737.5 | −0.048% | $1.06B | $1.20B | 200x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDC | +0.0044% | 8h | 2,738.3 | −0.019% | — | $18.4M | — | as long as short |
| Bybit ETHUSDT | +0.0054% | 8h | 2,738.5 | −0.013% | $2.38B | $4.35B | 150x | as long as short |
| ApeX Omni ETHUSDT | +0.0064% | 1h | 2,736.1 | −0.101% | $8.7M | $31.3M | 100x | as long as short |
| KuCoin ETHUSDTM | +0.0068% | 8h | 2,738 | −0.032% | $380.2M | $573.4M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0075% | 8h | 2,738.7 | −0.004% | $1.67B | $10.74B | 100x | as long as short |
| Phemex ETHUSDT | +0.0078% | 8h | 2,738.6 | −0.009% | $266.1M | $65.0M | 150x | as long as short |
| Aster ETHUSDT | +0.0089% | 8h | 2,738.4 | −0.017% | $251.2M | $841.9M | 200x | as long as short |
| MEXC ETH_USDT | +0.0095% | 8h | 2,738.4 | −0.017% | $1.55B | $2.57B | 500x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,739 | +0.006% | $113.1M | $442.3M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,739.8 | +0.036% | $23.5M | $106.8M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,737.5 | −0.048% | — | $31.0M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,734.9 | −0.143% | $4.9M | $155K | 20x | as long as short |
| Binance ETHUSDT | +0.0098% | 8h | 2,738.8 | −0.003% | $6.37B | $15.89B | 150x | as long as short |
| RISEx ETH/USDClong | +0.0099% | 1h | 2,738.9 | long leg | $5.7M | $11.7M | 25x | |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,741.6 | +0.101% | $15.6M | $8.0M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,737.9 | −0.035% | $501K | $3.3M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,737.9 | −0.036% | $13.6M | $104.4M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,740 | +0.042% | $3.11B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,738.7 | −0.006% | $32.0M | $335.0M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,736.8 | −0.075% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,738.7 | −0.007% | $1.6M | $16.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,733.7 | −0.189% | $169.4M | $313.3M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,738.3 | −0.021% | $3.34B | $8.94B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,738.3 | −0.021% | $2.07B | $2.73B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,737.7 | −0.044% | $15.1M | $40.1M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,737.3 | −0.056% | $134.0M | $324.5M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,735.2 | −0.134% | $184.0M | $671.4M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,736.6 | −0.083% | $159.2M | $86.4M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,736.2 | −0.097% | $21.1M | $68.3M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,738.5 | −0.012% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,739.2 | +0.013% | $11.2M | $9.3M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,737.9 | −0.035% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,739.5 | +0.023% | $41.3M | $29.8M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,737.1 | −0.065% | $961K | $11.3M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,737.7 | −0.042% | $54.5M | $187.6M | 40x | as long as short |
| Extended ETH-USDshort | +0.0104% | 1h | 2,737.6 | −0.046% | $30.4M | $72.9M | 50x | |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,739.2 | +0.012% | $51.4M | $4.27B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0115% | 1h | 2,735.4 | −0.127% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0129% | 8h | 2,738 | −0.031% | $6.7M | $679.1M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0198% | 8h | 2,740.2 | +0.051% | $32.2M | $11.7M | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0207% | 1h | 2,739.4 | +0.021% | $260.1M | $197.0M | 50x | as long as short |
| Reya ETHRUSDPERP | +0.0216% | 1h | 2,737 | −0.069% | $7.3M | $1.2M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,738.6 | −0.010% | $83.3M | $314.8M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0280% | 1h | 2,737.6 | −0.044% | $249K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0387% | 8h | 2,737.2 | −0.060% | $283.5M | $175.9M | 150x | as long as short |
RISEx ETH/USDC
Extended ETH-USD
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
gTrade (Gains Network) ETH/USD
01 Exchange ETHUSD
Bullet ETH-USD
HTX ETH-USDT
BingX ETH-USDC
Bybit ETHUSDT
ApeX Omni ETHUSDT
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Aster ETHUSDT
MEXC ETH_USDT
Lighter ETH
Lighter RH ETH
Binance ETHUSDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
Kraken Futures PF_ETHUSD
BloFin ETH-USDT