Funding you earn now, next payment 11:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.038%
Price spread now: Reya against ApeX Omni+0.101%63s7-day average −0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.167%+$17 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.101%, 7d avg −0.033%
=Together, before fees+0.035%+ Points / potential airdropReya: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.134% dearer against ApeX Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 63 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 | ApeX Omni ETHUSDT | 2,739.9 | 0.0027 | pay 0.0003% / 1h | 5m 57s | $8.2M | $25.1M | 100x |
| Short | Reya ETHRUSDPERP | 2,742.7 | 0.0148 | get 0.0019% / 1h | 5m 57s | $7.3M | $854K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against ApeX Omni. 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
- $25.47
- Price spread: +0.101% → −0.033%
- $13.4
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $22.86
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: ApeX Omni: live order book, 1 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 ApeX Omni live order book, 1 min ago | 0.35 bp | 5.3 bp −$5 | 5.8 bp −$58 | 20.1 bp −$2,010 | 36.9 bp −$18.4K |
| 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 exchanges
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 | 2,749.9 | +0.364% | $5K | $1K | 50x | as long as short |
| Hibachi ETH/USDT-P | −0.0080% | 1h | 2,743.1 | +0.116% | $231K | $1.2M | 20x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0009% / S +0.0043% | 1h | 2,743.8 | +0.140% | $12.2M | — | 200x | as long as short |
| Phoenix ETH | −0.0009% | 1h | 2,741.3 | +0.050% | $820K | $2.8M | 25x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,743.6 | +0.134% | $7.3M | $655.1M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,741.6 | +0.061% | $277K | $5.0M | 8.3x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,743.2 | +0.118% | $33.1M | — | 200x | as long as short |
| ApeX Omni ETHUSDTlong | +0.0027% | 1h | 2,739.9 | long leg | $8.2M | $25.1M | 100x | |
| Bybit ETHUSDT | +0.0036% | 8h | 2,743.2 | +0.120% | $2.37B | $3.78B | 150x | as long as short |
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,743.5 | +0.130% | $182K | $909K | 50x | as long as short |
Show all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETH-USDT-SWAP | +0.0069% | 8h | 2,743.2 | +0.120% | $1.67B | $9.10B | 100x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,740.9 | +0.037% | $4.9M | $244K | 20x | as long as short |
| Aster ETHUSDT | +0.0090% | 8h | 2,743.1 | +0.117% | $255.5M | $713.6M | 200x | as long as short |
| KuCoin ETHUSDTM | +0.0090% | 8h | 2,743.6 | +0.132% | $365.3M | $435.3M | 100x | as long as short |
| MEXC ETH_USDT | +0.0091% | 8h | 2,743.3 | +0.124% | $1.59B | $2.38B | 500x | as long as short |
| Binance ETHUSDT | +0.0091% | 8h | 2,743.1 | +0.115% | $6.41B | $13.82B | 150x | as long as short |
| dYdX ETH-USD | +0.0095% | 1h | 2,742.6 | +0.099% | $15.2M | $42.4M | 50x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,743.8 | +0.141% | $114.0M | $391.7M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,745 | +0.185% | $23.6M | $96.7M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,743.2 | +0.120% | — | $23.5M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0096% | 1h | 2,744.9 | +0.182% | $47.7M | $3.89B | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,742.7 | +0.101% | $513K | $3.5M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,743 | +0.113% | $14.9M | $93.9M | 50x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,744 | +0.147% | $32.2M | $322.3M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,740.4 | +0.017% | $2.8M | $14.0M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,744.6 | +0.171% | $1.6M | $14.1M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,741 | +0.038% | $163.6M | $316.7M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,743.3 | +0.123% | $3.27B | $7.80B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,743.3 | +0.121% | $2.11B | $2.28B | 150x | as long as short |
| BingX ETH-USDT | +0.0100% | 8h | 2,743.1 | +0.116% | — | $947.9M | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,742.5 | +0.094% | $14.9M | $35.9M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,739.5 | −0.017% | $132.3M | $277.8M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,739.6 | −0.011% | $184.4M | $560.1M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,740.6 | +0.023% | $159.3M | $69.5M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,742.2 | +0.083% | $21.1M | $74.8M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,744.6 | +0.170% | — | $316K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,745.2 | +0.192% | $11.2M | $8.6M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,743.8 | +0.140% | $177K | $1.6M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,743.1 | +0.115% | $20K | $12K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,742.9 | +0.109% | $40.9M | $26.1M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,742.7 | +0.100% | $945K | $8.4M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,743.3 | +0.123% | $61.8M | $121.7M | 40x | as long as short |
| HTX ETH-USDT | +0.0100% | 8h | 2,743.2 | +0.118% | $1.05B | $1.00B | 200x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,743.3 | +0.123% | $263.2M | $56.2M | 150x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,742.4 | +0.089% | $30.1M | $63.8M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0105% | 1h | 2,743.8 | +0.140% | $82.7M | $267.8M | 100x | as long as short |
| Aftermath Perps ETHUSD | +0.0111% | 1h | 2,741.6 | +0.062% | $30K | $8K | 20x | as long as short |
| Deribit ETH-PERPETUAL | +0.0118% | 1h | 2,744.5 | +0.165% | $267.1M | $182.2M | 50x | as long as short |
| Reya ETHRUSDPERPshort | +0.0148% | 1h | 2,742.7 | +0.101% | $7.3M | $854K | 25x | |
| Hyperliquid ETH | +0.0167% | 1h | 2,746 | +0.221% | $3.15B | $1.69B | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0185% | 8h | 2,745.9 | +0.219% | $32.4M | $9.9M | 100x | as long as short |
| RISEx ETH/USDC | +0.0206% | 1h | 2,744.5 | +0.168% | $5.7M | $10.5M | 25x | as long as short |
| BloFin ETH-USDT | +0.0362% | 8h | 2,742.2 | +0.084% | $284.9M | $147.7M | 150x | as long as short |
| Injective ETH/USDC PERP | +0.0461% | 1h | 2,745.8 | +0.214% | $118K | $27.2M | 52x | as long as short |
| Paradex ETH-USD-PERP | +0.0507% | 8h | 2,745.5 | +0.205% | $15.8M | $6.2M | 50x | as long as short |
ApeX Omni ETHUSDT
GMX ETH/USD [ETH-USDC]
Phoenix ETH
Kalshi KXETHPERP
gTrade (Gains Network) ETH/USD
Bybit ETHUSDT
01 Exchange ETHUSD
OKX ETH-USDT-SWAP
Aster ETHUSDT
KuCoin ETHUSDTM
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Coinbase International ETH-PERP-INTX
Katana Perps ETH-USD
Pacifica ETH
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
BingX ETH-USDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
HTX ETH-USDT
Phemex ETHUSDT
Extended ETH-USD
Kraken Futures PF_ETHUSD
Aftermath Perps ETHUSD
Deribit ETH-PERPETUAL
Hyperliquid ETH
RISEx ETH/USDC
BloFin ETH-USDT
Injective ETH/USDC PERP
Paradex ETH-USD-PERP