ETH

Alert

Funding spread now, next payment 16:00 UTC−0.0077%/8h

next payment, per $10,000−$0.10paid, last 24h−0.024%paid, last 3 days−0.065%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ETH-PERPETUAL	2,749	0.0063	pay 0.0008% / 1h	48m 22s	$260.5M	$212.5M	50x
Short	GMX ETH/USD [ETH-USDC]	2,745.7	L +0.0018% / S +0.0014%	pay 0.0002% / 1h	48m 22s	$11.9M	—	200x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee GMXbpOrdersRate

Funding earned: −$16.11
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$35.11
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.120%
Avg gap 7d: −0.009%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Deribit live order book, 2 min ago	1.00 bp	4.9 bp −$5	5.3 bp −$53	11.5 bp −$1,152	30.4 bp −$15.2K
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff ETH-PERP	−0.0080%	1h	$5K	$2K	50x	as long as short
Gate ETH_USDT	−0.0039%	8h	$3.74B	$8.50B	200x	as long as short
Kalshi KXETHPERP	0.0000%	8h	$6.0M	$522.1M	4.9x	as long as short
Perpl ETH	0.0000%	43m	$406K	$5.8M	8.3x	as long as short
ApeX Omni ETHUSDT	+0.0002%	1h	$7.7M	$27.7M	100x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	$22.2M	—	200x	as long as short
Bullet ETH-USD	+0.0013%	1h	$184K	$1.9M	20x	as long as short
OKX ETH-USDT-SWAP	+0.0017%	8h	$1.73B	$11.00B	100x	as long as short
GMX ETH/USD [ETH-USDC]short	L +0.0018% / S +0.0014%	1h	$11.9M	—	200x
Phemex ETHUSDT	+0.0030%	8h	$265.6M	$66.5M	150x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX ETH-USD	+0.0043%	1h	$55.4M	$161.5M	40x	as long as short
01 Exchange ETHUSD	+0.0048%	1h	$184K	$1.1M	50x	as long as short
Phoenix ETH	+0.0050%	1h	$1.4M	$2.4M	25x	as long as short
Deribit ETH-PERPETUALlong	+0.0063%	1h	$260.5M	$212.5M	50x
Injective ETH/USDC PERP	+0.0067%	1h	$118K	$22.5M	52x	as long as short
Bitget ETHUSDT	+0.0074%	8h	$2.13B	$3.07B	150x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	$60.6M	$4.79B	50x	as long as short
Lighter ETH	+0.0096%	1h	$119.2M	$489.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	$25.5M	$116.2M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	$5.0M	$752K	20x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	$14.5M	$11.3M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	$492K	$2.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	$17.8M	$112.7M	50x	as long as short
Aster ETHUSDT	+0.0100%	8h	$269.5M	$840.6M	200x	as long as short
Pacifica ETH	+0.0100%	1h	$31.2M	$202.9M	50x	as long as short
Binance ETHUSDT	+0.0100%	8h	$6.56B	$15.20B	150x	as long as short
Bybit ETHUSDT	+0.0100%	8h	$2.50B	$4.39B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	$3.1M	$13.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	$2.5M	$15.1M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	$152.2M	$277.4M	25x	as long as short
MEXC ETH_USDT	+0.0100%	8h	$1.54B	$2.41B	500x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	$387.8M	$676.7M	100x	as long as short
BingX ETH-USDC	+0.0100%	8h	—	$16.0M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	$15.0M	$39.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	$155.0M	$302.2M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	$176.4M	$736.9M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	$21.0M	$51.7M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	—	$1.2M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	$10.7M	$5.2M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	$20K	$24K	25x	as long as short
SunX ETH-USDT	+0.0100%	8h	$947K	$14.5M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	$1.09B	$1.19B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	$32.6M	$74.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	—	$45.8M	500x	as long as short
dYdX ETH-USD	+0.0130%	1h	$20.2M	$28.5M	50x	as long as short
Reya ETHRUSDPERP	+0.0154%	1h	$7.3M	$962K	25x	as long as short
Hyperliquid ETH	+0.0166%	1h	$3.23B	$2.13B	25x	as long as short
RISEx ETH/USDC	+0.0171%	1h	$5.9M	$13.5M	25x	as long as short
Hibachi ETH/USDT-P	+0.0200%	1h	$289K	$1.3M	20x	as long as short
Orderly PERP_ETH_USDC	+0.0213%	8h	$32.2M	$10.9M	100x	as long as short
BloFin ETH-USDT	+0.0220%	8h	$297.2M	$173.7M	150x	as long as short
Aftermath Perps ETHUSD	+0.0245%	1h	$29K	$27K	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0349%	1h	$85.8M	$314.4M	100x	as long as short
Derive ETH-PERP	+0.0508%	1h	$43.3M	$26.1M	15x	as long as short