Funding you earn now, next payment 23:00 UTC+0.0185%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h −0.001%
Price spread now: Ondo Perps against RISEx−0.021%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.017%−$2 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now −0.021%, 7d avg −0.029%
=Together, before fees−0.170%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.017% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ETH/USDC | 2,776.5 | −0.0085 | get 0.0011% / 1h | 35m 35s | $5.8M | $12.0M | 25x |
| Short | Ondo Perps ETH-USD.P | 2,775.9 | 0.0100 | get 0.0013% / 1h | 35m 35s | $2.8M | $16.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $38.87
- Price spread: −0.021% → −0.029%
- $0.82
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $28.69
- Costs to cover
- 0.110%
- Break-even
- 1.8 days
Slippage unknown: RISEx: live order book, 4 min ago; Ondo Perps: 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 RISEx live order book, 4 min ago | 0.02 bp | 3.5 bp −$3 | 4.5 bp −$45 | 311.8 bp −$31.2K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 2,774 | −0.088% | $288K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDClong | −0.0085% | 1h | 2,776.5 | long leg | $5.8M | $12.0M | 25x | |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,776.1 | −0.014% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,777.1 | +0.022% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0032% | 1h | 2,776.5 | +0.001% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0023% | 1h | 2,777.7 | +0.045% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,775.1 | −0.049% | $12.7M | $45.5M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,779.8 | +0.120% | $885K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,774.8 | −0.061% | $22.4M | — | 200x | as long as short |
| BingX ETH-USDT | +0.0015% | 8h | 2,776.4 | −0.003% | — | $1.18B | — | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ETHUSDT | +0.0017% | 8h | 2,773.8 | −0.098% | $269.8M | $68.5M | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.0020% | 8h | 2,776.8 | +0.012% | $1.71B | $11.83B | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0028% / S +0.0009% | 1h | 2,774.5 | −0.071% | $13.2M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0035% | 8h | 2,776.8 | +0.012% | $256.6M | $989.7M | 200x | as long as short |
| Bullet ETH-USD | +0.0040% | 1h | 2,773.6 | −0.103% | $180K | $1.7M | 20x | as long as short |
| Nado ETH-PERP | +0.0058% | 1h | 2,775.8 | −0.023% | $14.2M | $117.8M | 50x | as long as short |
| MEXC ETH_USDT | +0.0061% | 8h | 2,775.7 | −0.030% | $1.62B | $2.65B | 500x | as long as short |
| Binance ETHUSDT | +0.0061% | 8h | 2,776.8 | +0.013% | $6.45B | $17.10B | 150x | as long as short |
| Aevo ETH-PERP | +0.0064% | 1h | 2,773.3 | −0.114% | $5.0M | $636K | 20x | as long as short |
| Bitget ETHUSDT | +0.0072% | 8h | 2,777.3 | +0.030% | $2.10B | $3.10B | 150x | as long as short |
| Gate ETH_USDT | +0.0073% | 8h | 2,776.5 | +0.002% | $3.29B | $9.58B | 200x | as long as short |
| Deribit ETH-PERPETUAL | +0.0078% | 1h | 2,775.2 | −0.045% | $258.3M | $221.9M | 50x | as long as short |
| SoDEX ETH-USD | +0.0091% | 1h | 2,773.4 | −0.111% | $55.2M | $228.8M | 40x | as long as short |
| HTX ETH-USDT | +0.0095% | 8h | 2,772.9 | −0.129% | $1.08B | $1.32B | 200x | as long as short |
| Bybit ETHUSDT | +0.0095% | 8h | 2,776.9 | +0.017% | $2.52B | $4.59B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,775.7 | −0.030% | $114.9M | $498.5M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,776.8 | +0.010% | $25.4M | $121.0M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,776 | −0.017% | — | $41.5M | 500x | as long as short |
| KuCoin ETHUSDTM | +0.0099% | 8h | 2,774.6 | −0.067% | $426.2M | $738.0M | 100x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,774.4 | −0.076% | $15.9M | $10.5M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,776.8 | +0.012% | $480K | $2.7M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,777 | +0.019% | $3.19B | $2.36B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,775.8 | −0.024% | $31.4M | $297.6M | 50x | as long as short |
| Ondo Perps ETH-USD.Pshort | +0.0100% | 1h | 2,775.9 | −0.021% | $2.8M | $16.8M | 25x | |
| Arcus ETH-USD | +0.0100% | 1h | 2,778.5 | +0.072% | $2.8M | $17.3M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,781.3 | +0.174% | $166.9M | $248.1M | 25x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,773.8 | −0.095% | $15.2M | $44.5M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,781.7 | +0.188% | $135.5M | $322.3M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,776.2 | −0.009% | $179.9M | $779.7M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,776.3 | −0.008% | $161.5M | $91.0M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,777.9 | +0.050% | $8.7M | $32.5M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,775.4 | −0.039% | $21.4M | $57.9M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,776.8 | +0.010% | — | $1.1M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,778.6 | +0.076% | $10.8M | $7.6M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,775.1 | −0.050% | $21K | $25K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,776.5 | −0.001% | $42.7M | $29.4M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,774.7 | −0.065% | $974K | $14.0M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,776 | −0.017% | $31.5M | $74.6M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,774.1 | −0.086% | $60.2M | $4.59B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0117% | 8h | 2,776.1 | −0.014% | $8.7M | $673.6M | 4.9x | as long as short |
| Hibachi ETH/USDT-P | +0.0136% | 1h | 2,777.9 | +0.051% | $279K | $1.5M | 20x | as long as short |
| Orderly PERP_ETH_USDC | +0.0138% | 8h | 2,776.8 | +0.012% | $32.6M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0170% | 1h | 2,774.2 | −0.081% | $86.1M | $330.4M | 100x | as long as short |
| BloFin ETH-USDT | +0.0182% | 8h | 2,775.5 | −0.035% | $284.7M | $194.4M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0190% | 1h | 2,777.2 | +0.027% | $7.4M | $1.1M | 25x | as long as short |
RISEx ETH/USDC
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
Phemex ETHUSDT
OKX ETH-USDT-SWAP
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Bullet ETH-USD
MEXC ETH_USDT
Binance ETHUSDT
Bitget ETHUSDT
Gate ETH_USDT
Deribit ETH-PERPETUAL
SoDEX ETH-USD
HTX ETH-USDT
Bybit ETHUSDT
Lighter ETH
Lighter RH ETH
KuCoin ETHUSDTM
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT