ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.045%

Price spread now: Jupiter Perps against Arcus−0.059%7-day average −0.019% · you buy dearer than you sell

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

Long on Arcus Short on Jupiter Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.140%−$14 on $10k

Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.059%, 7d avg −0.019%

Together, before fees−0.098%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Jupiter Perps is 0.039% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus ETH-USD	2,779.9	0.0100	pay 0.0013% / 1h	21m 26s	$2.8M	$17.4M	25x
Short	Jupiter Perps ETH-PERP	2,778.2	L +0.0096% / S +0.0048%	pay 0.0006% / 1h	21m 26s	—	$41.7M	500x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Jupiter Perps against Arcus. 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 ArcusbpFee Jupiter PerpsbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$31.08
Price spread: −0.059% → −0.019%: −$3.93
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Net: −$51.51
Costs to cover: 0.165%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 3 min ago; Jupiter 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 Arcus live order book, 3 min ago	0.40 bp	3.4 bp −$3	3.5 bp −$35	7.0 bp −$703	doesn't fit
Sell Jupiter Perps no order-book sample	—	—	—	—	—

Jupiter 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	−0.0112%	43m	2,776	−0.139%	$289K	$6.9M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,775.7	−0.149%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,776.5	−0.121%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0056%	1h	2,778.2	−0.059%	$172K	$1.2M	50x	as long as short
Phoenix ETH	−0.0023%	1h	2,773.4	−0.232%	$858K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,778	−0.067%	$5.8M	$11.7M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,778.6	−0.045%	$12.7M	$45.5M	50x	as long as short
Aftermath Perps ETHUSD	+0.0004%	1h	2,773.9	−0.213%	$29K	$22K	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,778.1	−0.062%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0013%	8h	2,777	−0.102%	$267.4M	$66.0M	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0022%	8h	2,777	−0.102%	$1.71B	$11.91B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,778.1	−0.063%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0039%	8h	2,778.1	−0.064%	$257.0M	$995.8M	200x	as long as short
ApeX Omni ETHUSDT	+0.0039%	1h	2,776.7	−0.115%	$8.8M	$32.6M	100x	as long as short
MEXC ETH_USDT	+0.0048%	8h	2,778.5	−0.050%	$1.61B	$2.68B	500x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,775.9	−0.141%	$5.0M	$636K	20x	as long as short
Binance ETHUSDT	+0.0049%	8h	2,777.7	−0.078%	$6.44B	$17.23B	150x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,778.4	−0.053%	$3.29B	$9.67B	200x	as long as short
Bitget ETHUSDT	+0.0074%	8h	2,775.7	−0.148%	$2.10B	$3.13B	150x	as long as short
Bullet ETH-USD	+0.0082%	1h	2,775.9	−0.142%	$183K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0092%	8h	2,774.2	−0.205%	$140.6M	$320.2M	—	as long as short
Lighter ETH	+0.0096%	1h	2,779.1	−0.027%	$115.3M	$514.3M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,780.4	+0.019%	$25.4M	$122.8M	50x	as long as short
Jupiter Perps ETH-PERPshort	L +0.0096% / S +0.0048%	1h	2,778.2	−0.059%	—	$41.7M	500x
Paradex ETH-USD-PERP	+0.0100%	8h	2,778.3	−0.057%	$16.0M	$10.8M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,778.5	−0.049%	$489K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,777.6	−0.082%	$15.3M	$117.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,778.7	−0.041%	$3.21B	$2.39B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,779	−0.031%	$31.3M	$287.3M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,777.3	−0.093%	$2.52B	$4.64B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,777.6	−0.081%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USDlong	+0.0100%	1h	2,779.9	long leg	$2.8M	$17.4M	25x
Bulk ETH-USD	+0.0100%	1h	2,778.1	−0.063%	$165.4M	$253.6M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,778.5	−0.049%	$423.3M	$741.9M	100x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,778.1	−0.063%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,777.7	−0.079%	$15.4M	$42.8M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,776.9	−0.106%	$178.5M	$792.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,777	−0.101%	$161.6M	$97.3M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,777	−0.103%	$21.4M	$57.7M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,778.9	−0.034%	$10.8M	$7.7M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,777.7	−0.079%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,779.5	−0.012%	$42.8M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,775.6	−0.152%	$973K	$14.2M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,777.1	−0.099%	$55.3M	$228.6M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,777.2	−0.096%	$1.08B	$1.32B	200x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,778.1	−0.063%	—	$1.1M	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,777.5	−0.086%	$31.4M	$75.9M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,778.9	−0.036%	$60.3M	$4.63B	50x	as long as short
Deribit ETH-PERPETUAL	+0.0121%	1h	2,778.9	−0.035%	$258.5M	$224.9M	50x	as long as short
Kalshi KXETHPERP	+0.0121%	8h	2,777.6	−0.081%	$8.6M	$673.1M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0133%	8h	2,780	+0.004%	$32.6M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0167%	8h	2,776.3	−0.129%	$285.2M	$195.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0183%	1h	2,775.6	−0.151%	$7.4M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,778.4	−0.051%	$87.0M	$330.7M	100x	as long as short
Hibachi ETH/USDT-P	+0.0440%	1h	2,779.2	−0.024%	$284K	$1.5M	20x	as long as short