Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: SunX against Derive−0.073%61s7-day average −0.076% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.073%, 7d avg −0.076%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ETH-PERP | 2,732.5 | 0.0100 | pay 0.0013% / 1h | 47m 50s | $40.6M | $29.1M | 15x |
| Short | SunX ETH-USDT | 2,730.5 | 0.0100 | get 0.0100% / 8h | 7h 47m | $946K | $10.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Derive. 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
- $0
- Price spread: −0.073% → −0.076%
- $0.34
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$13.66
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; SunX: live order book, 11 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 11 min ago | 0.71 bp | 6.5 bp −$7 | 6.7 bp −$67 | 8.4 bp −$843 | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ETHUSDT | −0.0133% | 8h | 2,732.4 | −0.002% | $263.3M | $63.8M | 150x | as long as short |
| Perpl ETH | −0.0112% | 43m | 2,731.1 | −0.051% | $277K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,730.8 | −0.061% | $5K | $1K | 50x | as long as short |
| BloFin ETH-USDT | −0.0015% | 8h | 2,731.2 | −0.047% | $280.8M | $177.8M | 150x | as long as short |
| Phoenix ETH | −0.0012% | 1h | 2,731 | −0.054% | $806K | $3.0M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,732.8 | +0.011% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,731.2 | −0.047% | $10.5M | $41.9M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,732 | −0.017% | $6.7M | $672.3M | 4.9x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,733.1 | +0.021% | $264.7M | $218.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,733 | +0.021% | $33.0M | — | 200x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0016% | 8h | 2,731.7 | −0.030% | $2.32B | $4.31B | 150x | as long as short |
| HTX ETH-USDT | +0.0022% | 8h | 2,731.7 | −0.030% | $1.05B | $1.21B | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0037% | 1h | 2,728.2 | −0.157% | $8.4M | $31.2M | 100x | as long as short |
| 01 Exchange ETHUSD | +0.0056% | 1h | 2,732.3 | −0.006% | $191K | $884K | 50x | as long as short |
| OKX ETH-USDT-SWAP | +0.0080% | 8h | 2,731.9 | −0.022% | $1.66B | $10.74B | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0080% | 1h | 2,731.9 | −0.021% | $241K | $1.4M | 20x | as long as short |
| Aster ETHUSDT | +0.0086% | 8h | 2,731.9 | −0.020% | $252.4M | $850.9M | 200x | as long as short |
| KuCoin ETHUSDTM | +0.0086% | 8h | 2,732.5 | +0.001% | $383.6M | $576.7M | 100x | as long as short |
| MEXC ETH_USDT | +0.0094% | 8h | 2,731.9 | −0.022% | $1.57B | $2.55B | 500x | as long as short |
| Binance ETHUSDT | +0.0095% | 8h | 2,731.9 | −0.020% | $6.32B | $16.07B | 150x | as long as short |
| SoDEX ETH-USD | +0.0096% | 1h | 2,732.3 | −0.006% | $54.4M | $182.5M | 40x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,732.9 | +0.016% | $112.6M | $401.0M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,734.1 | +0.060% | $23.7M | $95.8M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,731.9 | −0.020% | — | $30.5M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,729.8 | −0.100% | $4.9M | $195K | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,731.9 | −0.021% | $499K | $3.6M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,734.4 | +0.070% | $15.4M | $7.3M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,731 | −0.055% | $14.1M | $100.6M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,734.3 | +0.067% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,732 | −0.017% | $32.0M | $332.0M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,731.3 | −0.043% | $2.7M | $16.6M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,731.7 | −0.030% | $1.6M | $16.0M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,731.8 | −0.024% | $3.29B | $8.22B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,732.1 | −0.015% | $2.11B | $2.75B | 150x | as long as short |
| BingX ETH-USDT | +0.0100% | 8h | 2,731.6 | −0.031% | — | $1.06B | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,732.3 | −0.008% | $15.2M | $39.9M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,730.3 | −0.078% | $131.3M | $316.0M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,727.1 | −0.196% | $185.5M | $684.6M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,729 | −0.129% | $158.7M | $80.6M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,731.9 | −0.021% | $21.0M | $70.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,733.3 | +0.031% | — | $441K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,732.8 | +0.012% | $11.2M | $9.4M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,732.4 | −0.001% | $177K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,732.7 | +0.009% | $20K | $23K | 25x | as long as short |
| Derive ETH-PERPlong | +0.0100% | 1h | 2,732.5 | long leg | $40.6M | $29.1M | 15x | |
| SunX ETH-USDTshort | +0.0100% | 8h | 2,730.5 | −0.073% | $946K | $10.6M | 100x | |
| Bulk ETH-USD | +0.0100% | 1h | 2,730.8 | −0.061% | $162.8M | $334.7M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0104% | 1h | 2,729.8 | −0.098% | $30K | $20K | 20x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,731.4 | −0.039% | $30.5M | $71.2M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0105% | 1h | 2,732.8 | +0.013% | $82.0M | $310.0M | 100x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,733.5 | +0.037% | $46.5M | $4.25B | 50x | as long as short |
| RISEx ETH/USDC | +0.0137% | 1h | 2,732.3 | −0.008% | $5.6M | $11.4M | 25x | as long as short |
| Reya ETHRUSDPERP | +0.0174% | 1h | 2,731.4 | −0.041% | $7.3M | $972K | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0186% | 8h | 2,734.8 | +0.084% | $32.2M | $11.2M | 100x | as long as short |
| Injective ETH/USDC PERP | +0.0253% | 1h | 2,731.3 | −0.043% | $117K | $19.3M | 52x | as long as short |
Derive ETH-PERP
SunX ETH-USDT
Phemex ETHUSDT
BloFin ETH-USDT
Phoenix ETH
GMX ETH/USD [ETH-USDC]
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
Bybit ETHUSDT
HTX ETH-USDT
ApeX Omni ETHUSDT
01 Exchange ETHUSD
OKX ETH-USDT-SWAP
Aster ETHUSDT
KuCoin ETHUSDTM
MEXC ETH_USDT
Binance ETHUSDT
SoDEX ETH-USD
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Gate ETH_USDT
Bitget ETHUSDT
BingX ETH-USDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
Bluefin ETH-PERP
Bulk ETH-USD
Aftermath Perps ETHUSD
Extended ETH-USD
Kraken Futures PF_ETHUSD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Injective ETH/USDC PERP