ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.019%

Price spread now: OKX against Variational Omni+0.083%7-day average −0.009% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.044%−$4 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.083%, 7d avg −0.009%

Together, before fees−0.102%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.092% dearer against Variational Omni than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.009%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ETH	2,740.4	0.0100	pay 0.0100% / 8h	5h 44m	$132.4M	$336.6M	—
Short	OKX ETH-USDT-SWAP	2,742.7	0.0061	get 0.0061% / 8h	5h 44m	$1.69B	$10.57B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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 Variational OmnibpFee OKXbpOrdersPrice spread, now +0.083%Rate

Funding earned: −$8.2
Price spread: +0.083% → −0.009%: $9.23
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$8.97
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; OKX: 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 Variational Omni RFQ quote, 5 min ago	0.47 bp	doesn't fit	0.5 bp −$5	1.7 bp −$168	doesn't fit
Sell OKX live order book, 5 min ago	0.02 bp	5.0 bp −$5	5.0 bp −$50	5.4 bp −$544	7.6 bp −$3,819

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	−0.0112%	43m	2,743.1	+0.099%	$305K	$5.6M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,742.7	+0.084%	$5K	$1K	50x	as long as short
Injective ETH/USDC PERP	−0.0044%	1h	2,744.7	+0.157%	$118K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,741.2	+0.031%	$12.1M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,742.9	+0.092%	$10.8M	$41.8M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,741.4	+0.037%	$22.1M	—	200x	as long as short
Phoenix ETH	+0.0017%	1h	2,740.6	+0.008%	$845K	$2.9M	25x	as long as short
01 Exchange ETHUSD	+0.0040%	1h	2,742.8	+0.088%	$182K	$917K	50x	as long as short
BingX ETH-USDC	+0.0047%	8h	2,741.4	+0.038%	—	$18.5M	—	as long as short
OKX ETH-USDT-SWAPshort	+0.0061%	8h	2,742.7	+0.083%	$1.69B	$10.57B	100x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ETHUSDTM	+0.0063%	8h	2,741.4	+0.035%	$376.2M	$598.0M	100x	as long as short
RISEx ETH/USDC	+0.0077%	1h	2,742.4	+0.072%	$5.7M	$11.2M	25x	as long as short
Aster ETHUSDT	+0.0078%	8h	2,742.3	+0.069%	$252.2M	$841.3M	200x	as long as short
MEXC ETH_USDT	+0.0088%	8h	2,742.4	+0.075%	$1.56B	$2.53B	500x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,738.9	−0.054%	$4.9M	$159K	20x	as long as short
Binance ETHUSDT	+0.0088%	8h	2,741.9	+0.057%	$6.38B	$15.72B	150x	as long as short
Bullet ETH-USD	+0.0096%	1h	2,741.1	+0.024%	$182K	$1.7M	20x	as long as short
Lighter ETH	+0.0096%	1h	2,742.3	+0.069%	$112.8M	$431.9M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,743.7	+0.120%	$24.6M	$103.4M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,744.4	+0.148%	—	$30.9M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0096%	1h	2,742.8	+0.088%	$58.9M	$4.27B	50x	as long as short
HTX ETH-USDT	+0.0097%	8h	2,740.8	+0.015%	$1.06B	$1.18B	200x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,746.5	+0.224%	$16.1M	$8.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,742.4	+0.074%	$469K	$3.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,742.5	+0.076%	$13.9M	$106.2M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,743.8	+0.125%	$3.12B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,743.5	+0.112%	$31.6M	$334.0M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,742.6	+0.079%	$2.45B	$4.19B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,742.8	+0.088%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,742.9	+0.093%	$2.7M	$16.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,743.5	+0.115%	$165.1M	$304.9M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,741.7	+0.046%	$3.39B	$8.69B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,741.7	+0.049%	$2.08B	$2.73B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,743.2	+0.103%	$15.0M	$40.9M	50x	as long as short
Variational Omni ETHlong	+0.0100%	8h	2,740.4	long leg	$132.4M	$336.6M	—
edgeX ETHUSDC	+0.0100%	4h	2,739.2	−0.044%	$181.4M	$691.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,739.8	−0.022%	$159.3M	$82.0M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,740.9	+0.020%	$8.7M	$31.1M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,740.9	+0.019%	$21.2M	$69.4M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,743.1	+0.099%	—	$819K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,742.7	+0.084%	$11.0M	$8.8M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,742	+0.058%	$21K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,743.5	+0.114%	$41.6M	$29.5M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,741.2	+0.029%	$961K	$11.5M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,741.5	+0.041%	$54.6M	$187.5M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,741.6	+0.042%	$266.7M	$65.1M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,741.2	+0.030%	$30.6M	$72.5M	50x	as long as short
Deribit ETH-PERPETUAL	+0.0104%	1h	2,742.9	+0.091%	$258.8M	$195.8M	50x	as long as short
Aftermath Perps ETHUSD	+0.0132%	1h	2,743.1	+0.098%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0152%	8h	2,743.9	+0.128%	$7.8M	$668.4M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0188%	8h	2,744	+0.130%	$32.3M	$11.2M	100x	as long as short
BloFin ETH-USDT	+0.0208%	8h	2,742.9	+0.092%	$286.0M	$177.5M	150x	as long as short
Kraken Futures PF_ETHUSD	+0.0221%	1h	2,742.3	+0.071%	$87.3M	$310.4M	100x	as long as short
Reya ETHRUSDPERP	+0.0225%	1h	2,741.3	+0.034%	$7.3M	$1.1M	25x	as long as short
Hibachi ETH/USDT-P	+0.0240%	1h	2,744.9	+0.166%	$250K	$1.4M	20x	as long as short