Funding spread now, next payment 15:00 UTC−0.0445%/8h
paid, last 24h−0.003%paid, last 7 days−0.125%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ETH-PERP | 2,738 | 0.0545 | pay 0.0068% / 1h | 59m 13s | $41.2M | $18.4M | 15x |
| Short | Aster ETHUSDT | 2,732.4 | 0.0100 | get 0.0100% / 8h | 1h 59m | $267.3M | $800.9M | 200x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$93.41
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$107.41
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 6 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.202%
- Avg gap 7d
- −0.033%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Derive no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 6 min ago | 1.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.7 bp −$573 | 10.4 bp −$5,197 |
Derive: 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 | |
|---|---|---|---|---|---|---|
| Injective ETH/USDC PERP | −0.0112% | 1h | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | $5K | $1K | 50x | as long as short |
| Gate ETH_USDT | −0.0046% | 8h | $3.71B | $8.15B | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0014% / S +0.0046% | 1h | $11.6M | — | 200x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | $4.4M | $473.4M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | $22.2M | — | 200x | as long as short |
| Phemex ETHUSDT | +0.0015% | 8h | $264.5M | $65.7M | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.0021% | 8h | $1.72B | $10.53B | 100x | as long as short |
| ApeX Omni ETHUSDT | +0.0036% | 1h | $7.6M | $27.2M | 100x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0056% | 1h | $61.5M | $4.65B | 50x | as long as short |
Derive ETH-PERP
Aster ETHUSDT
Injective ETH/USDC PERP
Gate ETH_USDT
GMX ETH/USD [ETH-USDC]
gTrade (Gains Network) ETH/USD
Phemex ETHUSDT
OKX ETH-USDT-SWAP
ApeX Omni ETHUSDT
Coinbase International ETH-PERP-INTX
Bullet ETH-USD
Phoenix ETH
Bitget ETHUSDT
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Pacifica ETH
Binance ETHUSDT
Bybit ETHUSDT
MEXC ETH_USDT
KuCoin ETHUSDTM
BingX ETH-USDC
Backpack ETH_USDC_PERP
Variational Omni ETH
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
HTX ETH-USDT
Bulk ETH-USD
Extended ETH-USD
Deribit ETH-PERPETUAL
BloFin ETH-USDT
Kraken Futures PF_ETHUSD
RISEx ETH/USDC
Hyperliquid ETH