Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.034%
Price spread now: Reya against 01 Exchange−0.050%7-day average −0.023% · 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)+0.103%+$10 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.050%, 7d avg −0.023%
=Together, before fees+0.142%+ Points / potential airdropReya: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.027% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.023%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ETHUSD | 2,736.5 | 0.0048 | pay 0.0006% / 1h | 31m 44s | $187K | $816K | 50x |
| Short | Reya ETHRUSDPERP | 2,735.1 | 0.0211 | get 0.0026% / 1h | 31m 44s | $7.3M | $1.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $34.27
- Price spread: −0.050% → −0.023%
- −$2.73
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $18.54
- Costs to cover
- 0.130%
- Break-even
- 3.2 days
Slippage unknown: 01 Exchange: live order book, 22 min ago; Reya: 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 01 Exchange live order book, 22 min ago | 0.18 bp | 5.7 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 2,737 | +0.018% | $297K | $5.6M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,736.8 | +0.011% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,736.3 | −0.008% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,737.1 | +0.022% | $822K | $2.9M | 25x | as long as short |
| HTX ETH-USDT | −0.0001% | 8h | 2,735.4 | −0.041% | $1.06B | $1.20B | 200x | as long as short |
| dYdX ETH-USD | +0.0004% | 1h | 2,737 | +0.020% | $10.8M | $42.0M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,736.3 | −0.007% | $28.1M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0028% | 1h | 2,735.8 | −0.026% | $179K | $1.7M | 20x | as long as short |
| BingX ETH-USDC | +0.0032% | 8h | 2,737 | +0.017% | — | $18.4M | — | as long as short |
| Bybit ETHUSDT | +0.0041% | 8h | 2,736.8 | +0.010% | $2.38B | $4.37B | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ETHUSDT | +0.0044% | 1h | 2,737.4 | +0.033% | $8.7M | $31.2M | 100x | as long as short |
| 01 Exchange ETHUSDlong | +0.0048% | 1h | 2,736.5 | long leg | $187K | $816K | 50x | |
| Deribit ETH-PERPETUAL | +0.0064% | 1h | 2,737 | +0.019% | $259.5M | $200.1M | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0068% | 8h | 2,736.8 | +0.012% | $381.3M | $573.8M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0075% | 8h | 2,737 | +0.018% | $1.67B | $10.74B | 100x | as long as short |
| Phemex ETHUSDT | +0.0078% | 8h | 2,735.8 | −0.025% | $265.2M | $65.1M | 150x | as long as short |
| Aster ETHUSDT | +0.0084% | 8h | 2,736.5 | 0.000% | $251.4M | $842.2M | 200x | as long as short |
| SunX ETH-USDT | +0.0084% | 8h | 2,734.8 | −0.064% | $960K | $11.2M | 100x | as long as short |
| MEXC ETH_USDT | +0.0092% | 8h | 2,736.7 | +0.008% | $1.55B | $2.56B | 500x | as long as short |
| Binance ETHUSDT | +0.0093% | 8h | 2,736.7 | +0.008% | $6.36B | $15.89B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,737.2 | +0.027% | $112.9M | $432.2M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,738.3 | +0.066% | $23.4M | $104.2M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,737.5 | +0.037% | — | $30.9M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,734.5 | −0.072% | $4.9M | $155K | 20x | as long as short |
| Injective ETH/USDC PERP | +0.0096% | 1h | 2,737.8 | +0.048% | $117K | $22.5M | 52x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,739.4 | +0.106% | $15.6M | $8.0M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,737.3 | +0.029% | $507K | $3.3M | 50x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,735.8 | −0.026% | $54.5M | $187.7M | 40x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,737.3 | +0.031% | $13.8M | $104.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,739.2 | +0.099% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,737.7 | +0.045% | $32.1M | $333.7M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,737.3 | +0.029% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,738.6 | +0.075% | $1.6M | $16.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,736.4 | −0.002% | $170.3M | $327.0M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,737.5 | +0.035% | $3.34B | $8.88B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,737.6 | +0.040% | $2.07B | $2.72B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,735 | −0.056% | $15.2M | $41.1M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,735.4 | −0.041% | $133.6M | $322.1M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,735.7 | −0.029% | $184.0M | $670.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,737.6 | +0.039% | $159.3M | $86.9M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,737.4 | +0.033% | $21.1M | $69.2M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,737.1 | +0.022% | — | $844K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,737.5 | +0.037% | $11.2M | $9.2M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,737 | +0.019% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,737.8 | +0.047% | $41.3M | $29.9M | 15x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,736.7 | +0.007% | $30.6M | $73.0M | 50x | as long as short |
| RISEx ETH/USDC | +0.0107% | 1h | 2,738.3 | +0.065% | $5.6M | $11.7M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0110% | 1h | 2,737.3 | +0.031% | $30K | $20K | 20x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,736.4 | −0.005% | $51.0M | $4.28B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0138% | 8h | 2,737.7 | +0.044% | $6.5M | $683.4M | 4.9x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0153% | 1h | 2,736.2 | −0.010% | $83.4M | $315.1M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0197% | 8h | 2,738.3 | +0.066% | $32.2M | $11.7M | 100x | as long as short |
| Reya ETHRUSDPERPshort | +0.0211% | 1h | 2,735.1 | −0.050% | $7.3M | $1.2M | 25x | |
| Hibachi ETH/USDT-P | +0.0264% | 1h | 2,737.7 | +0.043% | $245K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0372% | 8h | 2,736.6 | +0.002% | $283.4M | $175.3M | 150x | as long as short |
01 Exchange ETHUSD
GMX ETH/USD [ETH-USDC]
Phoenix ETH
HTX ETH-USDT
gTrade (Gains Network) ETH/USD
Bullet ETH-USD
BingX ETH-USDC
Bybit ETHUSDT
ApeX Omni ETHUSDT
Deribit ETH-PERPETUAL
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Aster ETHUSDT
SunX ETH-USDT
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Injective ETH/USDC PERP
Paradex ETH-USD-PERP
Katana Perps ETH-USD
SoDEX 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
Extended ETH-USD
RISEx ETH/USDC
Aftermath Perps ETHUSD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT