data as of
Settings8H · net · $10k
Funding arb /

ETH

all ETH markets
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Funding spread now, next payment 15:00 UTC−0.0653%/8h
paid, last 24h−0.003%paid, last 3 days−0.152%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.152% in total (about -17.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ETH-PERP2,7260.0752pay 0.0094% / 1h48m 35s$42.2M$18.9M15x
ShortParadex ETH-USD-PERP2,724.50.0099get 0.0099% / 8h1h 48m$13.9M$11.3M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$137.15
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$147.15
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Paradex: live order book, 2 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.054%
Avg gap 7d
+0.045%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Paradex live order book, 2 min ago3.14 bp5.1 bp −$55.1 bp −$51doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0335%43m$179K$5.3M8.3xas long as short
Injective ETH/USDC PERP−0.0112%1h$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$1K50xas long as short
Gate ETH_USDT−0.0037%8h$3.67B$8.29B200xas long as short
ApeX Omni ETHUSDT−0.0002%1h$7.6M$27.3M100xas long as short
Kalshi KXETHPERP0.0000%8h$4.3M$477.9M4.9xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.1M200xas long as short
GMX ETH/USD [ETH-USDC]L +0.0016% / S +0.0014%1h$11.6M200xas long as short
OKX ETH-USDT-SWAP+0.0018%8h$1.71B$10.59B100xas long as short
Backpack ETH_USDC_PERP+0.0028%1h$15.4M$38.1M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex ETHUSDT+0.0035%8h$263.2M$65.6M150xas long as short
Coinbase International ETH-PERP-INTX+0.0056%1h$60.8M$4.65B50xas long as short
Bullet ETH-USD+0.0061%1h$181K$1.9M20xas long as short
Phoenix ETH+0.0070%1h$1.4M$2.4M25xas long as short
SoDEX ETH-USD+0.0072%1h$55.3M$139.7M40xas long as short
Bitget ETHUSDT+0.0080%8h$2.12B$2.96B150xas long as short
Lighter ETH+0.0096%1h$118.6M$469.8M50xas long as short
Lighter RH ETH+0.0096%1h$25.7M$114.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h$41.5M500xas long as short
Aevo ETH-PERP+0.0096%1h$4.9M$778K20xas long as short
Paradex ETH-USD-PERPshort+0.0099%8h$13.9M$11.3M50x
Katana Perps ETH-USD+0.0100%8h$468K$1.8M50xas long as short
Nado ETH-PERP+0.0100%1h$18.7M$110.4M50xas long as short
Aster ETHUSDT+0.0100%8h$266.8M$809.7M200xas long as short
Pacifica ETH+0.0100%1h$30.9M$188.4M50xas long as short
Binance ETHUSDT+0.0100%8h$6.55B$14.50B150xas long as short
Bybit ETHUSDT+0.0100%8h$2.43B$4.27B150xas long as short
Arcus ETH-USD+0.0100%1h$2.4M$14.0M25xas long as short
MEXC ETH_USDT+0.0100%8h$1.54B$2.32B500xas long as short
KuCoin ETHUSDTM+0.0100%8h$392.4M$668.5M100xas long as short
BingX ETH-USDC+0.0100%8h$16.1Mas long as short
Variational Omni ETH+0.0100%8h$152.0M$291.2Mas long as short
edgeX ETHUSDC+0.0100%4h$191.8M$666.1M100xas long as short
StandX ETH-USD+0.0100%1h$20.8M$55.3M40xas long as short
Vest ETH-PERP+0.0100%1h$1.2M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h$10.7M$4.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h$19K$24K25xas long as short
SunX ETH-USDT+0.0100%8h$938K$14.0M100xas long as short
HTX ETH-USDT+0.0100%8h$1.08B$1.14B200xas long as short
Bulk ETH-USD+0.0100%1h$150.8M$274.0M25xas long as short
Extended ETH-USD+0.0104%1h$32.7M$72.6M50xas long as short
Reya ETHRUSDPERP+0.0147%1h$7.3M$911K25xas long as short
Orderly PERP_ETH_USDC+0.0214%8h$31.9M$11.1M100xas long as short
Aftermath Perps ETHUSD+0.0217%1h$29K$34K20xas long as short
BloFin ETH-USDT+0.0220%8h$295.0M$168.1M150xas long as short
Hibachi ETH/USDT-P+0.0240%1h$306K$1.2M20xas long as short
Kraken Futures PF_ETHUSD+0.0262%1h$84.8M$313.3M100xas long as short
Hyperliquid ETH+0.0264%1h$3.18B$2.06B25xas long as short
RISEx ETH/USDC+0.0266%1h$5.9M$13.4M25xas long as short
Deribit ETH-PERPETUAL+0.0268%1h$259.5M$208.9M50xas long as short
Ondo Perps ETH-USD.P+0.0290%1h$3.2M$12.6M25xas long as short
dYdX ETH-USD+0.0420%1h$24.5M$21.4M50xas long as short
01 Exchange ETHUSD+0.0568%1h$186K$1.0M50xas long as short
Derive ETH-PERPlong+0.0752%1h$42.2M$18.9M15x