Funding you earn now, next payment 23:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h −0.024%
Price spread now: Reya against BloFin−0.049%7-day average −0.019% · 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)−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now −0.049%, 7d avg −0.019%
=Together, before fees+0.065%+ Points / potential airdropReya: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.031% cheaper against BloFin than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 6.7 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETH-USDT | 2,772.9 | 0.0173 | pay 0.0173% / 8h | 1h 48m | $285.2M | $194.9M | 150x |
| Short | Reya ETHRUSDPERP | 2,771.5 | 0.0188 | get 0.0023% / 1h | 48m 46s | $7.3M | $1.1M | 25x |
BloFin ETH-USDT
Reya ETHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against BloFin. 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
- $3.19
- Price spread: −0.049% → −0.019%
- −$3.06
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$17.87
- Costs to cover
- 0.180%
- Break-even
- 46.3 days
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 0.07 bp | 6.1 bp −$6 | 6.1 bp −$61 | 7.4 bp −$735 | 9.3 bp −$4,661 |
| 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 | 2,771.8 | −0.039% | $289K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDC | −0.0085% | 1h | 2,771.5 | −0.053% | $5.7M | $12.1M | 25x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,772.2 | −0.026% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,762.7 | −0.369% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,771.8 | −0.040% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0010% | 1h | 2,771.9 | −0.037% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,772.8 | −0.004% | $12.7M | $45.5M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,772 | −0.033% | $884K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,772.5 | −0.014% | $22.4M | — | 200x | as long as short |
| BingX ETH-USDT | +0.0018% | 8h | 2,771.3 | −0.058% | — | $1.18B | — | as long as short |
Perpl ETH
RISEx ETH/USDC
Hotstuff ETH-PERP
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
dYdX ETH-USD
Phoenix ETH
gTrade (Gains Network) ETH/USD
BingX ETH-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ETHUSDT | +0.0018% | 8h | 2,772.3 | −0.022% | $267.0M | $65.7M | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.0021% | 8h | 2,770 | −0.105% | $1.71B | $11.81B | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0028% / S +0.0009% | 1h | 2,772.4 | −0.019% | $13.2M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0030% | 8h | 2,771.2 | −0.062% | $256.2M | $992.0M | 200x | as long as short |
| Nado ETH-PERP | +0.0035% | 1h | 2,771.8 | −0.041% | $14.3M | $118.3M | 50x | as long as short |
| Bullet ETH-USD | +0.0037% | 1h | 2,771.5 | −0.050% | $182K | $1.8M | 20x | as long as short |
| MEXC ETH_USDT | +0.0052% | 8h | 2,770.9 | −0.074% | $1.61B | $2.64B | 500x | as long as short |
| Binance ETHUSDT | +0.0052% | 8h | 2,770.9 | −0.072% | $6.43B | $17.14B | 150x | as long as short |
| Aevo ETH-PERP | +0.0056% | 1h | 2,770.9 | −0.072% | $5.0M | $636K | 20x | as long as short |
| Hibachi ETH/USDT-P | +0.0064% | 1h | 2,774 | +0.039% | $289K | $1.5M | 20x | as long as short |
| SoDEX ETH-USD | +0.0070% | 1h | 2,772.8 | −0.004% | $55.2M | $228.6M | 40x | as long as short |
| Bitget ETHUSDT | +0.0073% | 8h | 2,771.2 | −0.063% | $2.10B | $3.11B | 150x | as long as short |
| Gate ETH_USDT | +0.0083% | 8h | 2,771.4 | −0.056% | $3.29B | $9.55B | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,771.4 | −0.056% | $114.9M | $496.0M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,772.9 | −0.002% | $25.4M | $120.7M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,772.4 | −0.018% | — | $41.4M | 500x | as long as short |
| HTX ETH-USDT | +0.0097% | 8h | 2,772.4 | −0.020% | $1.08B | $1.32B | 200x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,771.5 | −0.052% | $15.9M | $10.6M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,771.9 | −0.037% | $482K | $2.8M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,773.6 | +0.025% | $3.19B | $2.38B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,771.4 | −0.055% | $31.2M | $295.5M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,770.6 | −0.083% | $2.51B | $4.61B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,771.2 | −0.062% | $2.8M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,773.3 | +0.015% | $2.8M | $17.4M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.6 | −0.084% | $166.0M | $246.3M | 25x | as long as short |
| KuCoin ETHUSDTM | +0.0100% | 8h | 2,772.3 | −0.022% | $424.1M | $738.3M | 100x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,773.3 | +0.013% | $15.2M | $43.9M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,770.1 | −0.102% | $135.6M | $326.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,770.7 | −0.081% | $179.6M | $779.4M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,771.6 | −0.046% | $161.2M | $94.7M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,771.8 | −0.041% | $8.7M | $32.7M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,773.3 | +0.014% | $21.4M | $57.9M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,773 | +0.003% | $10.8M | $7.7M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,772.7 | −0.007% | $21K | $25K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,774.4 | +0.055% | $42.7M | $29.3M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,771.1 | −0.066% | $972K | $14.0M | 100x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,772.2 | −0.026% | — | $1.1M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,770.7 | −0.080% | $31.4M | $74.9M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,774.3 | +0.050% | $59.9M | $4.60B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0108% | 8h | 2,772.9 | −0.001% | $8.5M | $673.1M | 4.9x | as long as short |
| Deribit ETH-PERPETUAL | +0.0118% | 1h | 2,774 | +0.040% | $258.4M | $224.1M | 50x | as long as short |
| Orderly PERP_ETH_USDC | +0.0138% | 8h | 2,774.8 | +0.067% | $32.5M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0170% | 1h | 2,774.1 | +0.044% | $86.2M | $330.5M | 100x | as long as short |
| BloFin ETH-USDTlong | +0.0173% | 8h | 2,772.9 | long leg | $285.2M | $194.9M | 150x | |
| Reya ETHRUSDPERPshort | +0.0188% | 1h | 2,771.5 | −0.049% | $7.3M | $1.1M | 25x |
Phemex ETHUSDT
OKX ETH-USDT-SWAP
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Nado ETH-PERP
Bullet ETH-USD
MEXC ETH_USDT
Binance ETHUSDT
Aevo ETH-PERP
Hibachi ETH/USDT-P
SoDEX ETH-USD
Bitget ETHUSDT
Gate ETH_USDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
HTX ETH-USDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
KuCoin ETHUSDTM
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Vest ETH-PERP
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
Orderly PERP_ETH_USDC
Kraken Futures PF_ETHUSD