ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.015%

Price spread now: Extended against 01 Exchange−0.093%56s7-day average −0.043% · 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—prices read too far apart to compare

costs, in and out, $10k−$190.188% of the position

Long on 01 Exchange Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.070%+$7 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.093%, 7d avg −0.043%

Together, before fees+0.152%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.049% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.043%). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$3 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ETHUSD	2,733.2	0.0016	pay 0.0002% / 1h	8m 37s	$191K	$889K	50x
Short	Extended ETH-USD	2,730.7	0.0104	get 0.0013% / 1h	8m 37s	$30.4M	$72.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against 01 Exchange. 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 01 ExchangebpFee ExtendedbpOrdersPrice spread, now −0.093%Rate

Funding earned: $18.48
Price spread: −0.093% → −0.043%: −$4.94
Slippage, 4 orders: −$6.82
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.29
Costs to cover: 0.188%
Break-even: 9.0 days

Slippage from 01 Exchange: live order book, 36 min ago; Extended: live order book, 6 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 01 Exchange live order book, 36 min ago	0.18 bp	5.4 bp −$5	11.8 bp −$118	doesn't fit	doesn't fit
Sell Extended live order book, 6 min ago	0.18 bp	2.7 bp −$3	2.7 bp −$27	5.4 bp −$539	16.5 bp −$8,273

ETH on 54 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
Hotstuff ETH-PERP	−0.0080%	1h	2,732.1	−0.040%	$5K	$1K	50x	as long as short
Injective ETH/USDC PERP	−0.0040%	1h	2,733.1	−0.004%	$117K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,732.5	−0.025%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,733.1	−0.004%	$813K	$3.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,732.4	−0.031%	$10.5M	$42.9M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,732.4	−0.029%	$6.6M	$683.3M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,732.2	−0.036%	$288K	$5.8M	8.3x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,733.5	+0.011%	$262.6M	$213.4M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,732.5	−0.026%	$33.0M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0012%	1h	2,731.7	−0.056%	$8.6M	$31.5M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ETHUSDlong	+0.0016%	1h	2,733.2	long leg	$191K	$889K	50x
BingX ETH-USDT	+0.0024%	8h	2,731.5	−0.064%	—	$1.10B	—	as long as short
HTX ETH-USDT	+0.0027%	8h	2,732.7	−0.017%	$1.05B	$1.22B	200x	as long as short
Bybit ETHUSDT	+0.0028%	8h	2,731.3	−0.068%	$2.34B	$4.38B	150x	as long as short
KuCoin ETHUSDTM	+0.0068%	8h	2,731.4	−0.065%	$379.5M	$576.7M	100x	as long as short
SoDEX ETH-USD	+0.0071%	1h	2,732.5	−0.026%	$54.4M	$187.1M	40x	as long as short
OKX ETH-USDT-SWAP	+0.0081%	8h	2,731.3	−0.068%	$1.65B	$10.86B	100x	as long as short
Aster ETHUSDT	+0.0083%	8h	2,731.4	−0.065%	$253.0M	$846.8M	200x	as long as short
Phemex ETHUSDT	+0.0088%	8h	2,732.6	−0.022%	$263.1M	$64.5M	150x	as long as short
Bullet ETH-USD	+0.0088%	1h	2,732.7	−0.017%	$189K	$1.7M	20x	as long as short
MEXC ETH_USDT	+0.0095%	8h	2,731.5	−0.061%	$1.54B	$2.61B	500x	as long as short
Binance ETHUSDT	+0.0095%	8h	2,731.5	−0.061%	$6.33B	$16.10B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,732.2	−0.036%	$112.8M	$438.8M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,733.3	+0.004%	$23.5M	$103.4M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,730	−0.116%	$4.9M	$165K	20x	as long as short
Aftermath Perps ETHUSD	+0.0099%	1h	2,733.4	+0.007%	$30K	$20K	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,731.4	−0.066%	$502K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,736.6	+0.125%	$15.4M	$7.8M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,731.4	−0.067%	$14.1M	$104.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,733.9	+0.026%	$3.11B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,732.5	−0.025%	$32.0M	$332.9M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,731.6	−0.059%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,732.4	−0.029%	$1.5M	$16.1M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,731.8	−0.051%	$164.2M	$349.6M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,731.6	−0.057%	$3.31B	$9.04B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.6	−0.057%	$2.10B	$2.77B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,732.4	−0.031%	$15.1M	$41.8M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,731.2	−0.073%	$134.1M	$321.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,732.2	−0.038%	$185.8M	$682.5M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,732	−0.043%	$158.8M	$85.9M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,733	−0.007%	$21.0M	$70.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,733.9	+0.024%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,733.6	+0.015%	$11.2M	$9.5M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,733.3	+0.004%	$22K	$21K	25x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,732.1	−0.039%	$958K	$10.9M	100x	as long as short
Extended ETH-USDshort	+0.0104%	1h	2,730.7	−0.093%	$30.4M	$72.9M	50x
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,732.4	−0.029%	—	$30.4M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,733.6	+0.016%	$46.5M	$4.31B	50x	as long as short
RISEx ETH/USDC	+0.0115%	1h	2,732.3	−0.032%	$5.6M	$11.6M	25x	as long as short
Hibachi ETH/USDT-P	+0.0144%	1h	2,733	−0.007%	$243K	$1.4M	20x	as long as short
Orderly PERP_ETH_USDC	+0.0185%	8h	2,734.8	+0.059%	$32.2M	$11.3M	100x	as long as short
Reya ETHRUSDPERP	+0.0188%	1h	2,731.7	−0.056%	$7.3M	$975K	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0210%	1h	2,733.1	−0.005%	$82.2M	$309.8M	100x	as long as short
BloFin ETH-USDT	+0.0381%	8h	2,732.4	−0.028%	$281.0M	$175.4M	150x	as long as short