ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.013%

Price spread now: Bluefin against dYdX−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ETH-USD	2,728.2	0	get 0.0000% / 1h	48m 38s	$10.5M	$42.9M	50x
Short	Bluefin ETH-PERP	2,727.9	0.0100	get 0.0013% / 1h	48m 38s	$22K	$21K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee BluefinbpOrdersPrice spread, now −0.011%Rate

Funding earned: $21
Price spread: −0.011% → 0.000%: −$1.12
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: $2.88
Costs to cover: 0.170%
Break-even: 6.0 days

Slippage unknown: dYdX: live order book, 1 min ago; Bluefin: 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 dYdX live order book, 1 min ago	2.20 bp	9.2 bp −$9	11.0 bp −$110	18.1 bp −$1,806	45.8 bp −$22.9K
Sell Bluefin no order-book sample	—	—	—	—	—

Bluefin: 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	−0.0112%	43m	2,727.5	−0.026%	$287K	$5.8M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,728.4	+0.008%	$5K	$1K	50x	as long as short
ApeX Omni ETHUSDT	−0.0072%	1h	2,727.4	−0.029%	$8.6M	$31.5M	100x	as long as short
Injective ETH/USDC PERP	−0.0040%	1h	2,731	+0.103%	$117K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,727.7	−0.018%	$12.0M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,730	+0.066%	$817K	$3.0M	25x	as long as short
dYdX ETH-USDlong	0.0000%	1h	2,728.2	long leg	$10.5M	$42.9M	50x
Kalshi KXETHPERP	0.0000%	8h	2,727.7	−0.018%	$6.7M	$691.5M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,727.5	−0.025%	$261.8M	$213.6M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,727.9	−0.010%	$32.9M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ETH-USDT	+0.0009%	8h	2,726.9	−0.047%	$1.05B	$1.23B	200x	as long as short
01 Exchange ETHUSD	+0.0024%	1h	2,727.9	−0.011%	$191K	$892K	50x	as long as short
BingX ETH-USDC	+0.0033%	8h	2,726.3	−0.071%	—	$18.5M	—	as long as short
Bybit ETHUSDT	+0.0039%	8h	2,726.8	−0.050%	$2.34B	$4.42B	150x	as long as short
Aftermath Perps ETHUSD	+0.0077%	1h	2,729.8	+0.058%	$30K	$20K	20x	as long as short
KuCoin ETHUSDTM	+0.0078%	8h	2,727.5	−0.027%	$375.3M	$576.2M	100x	as long as short
SunX ETH-USDT	+0.0087%	8h	2,726.9	−0.046%	$955K	$11.1M	100x	as long as short
Aster ETHUSDT	+0.0089%	8h	2,727.6	−0.020%	$252.0M	$849.9M	200x	as long as short
OKX ETH-USDT-SWAP	+0.0093%	8h	2,726.5	−0.061%	$1.66B	$10.93B	100x	as long as short
Lighter ETH	+0.0096%	1h	2,727.8	−0.015%	$112.0M	$432.4M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,728.9	+0.025%	$23.5M	$102.8M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,724.7	−0.129%	$4.9M	$161K	20x	as long as short
Binance ETHUSDT	+0.0097%	8h	2,727.5	−0.024%	$6.33B	$16.18B	150x	as long as short
MEXC ETH_USDT	+0.0097%	8h	2,727.6	−0.024%	$1.52B	$2.58B	500x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,725.9	−0.084%	$507K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,731.8	+0.133%	$15.3M	$8.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,726.4	−0.066%	$14.0M	$105.5M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,729.6	+0.052%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,728.3	+0.004%	$31.9M	$333.7M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,727.1	−0.040%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,727.1	−0.041%	$1.5M	$16.2M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,725.9	−0.084%	$161.8M	$340.3M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,726.9	−0.046%	$3.27B	$8.94B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,726.7	−0.057%	$2.08B	$2.79B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,727.5	−0.027%	$15.0M	$42.4M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,727	−0.042%	$133.2M	$326.3M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,727.6	−0.020%	$184.9M	$681.8M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,727.1	−0.039%	$158.5M	$87.7M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,730	+0.066%	$21.0M	$70.0M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,728.9	+0.025%	—	$767K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,728.2	0.000%	$11.2M	$9.5M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,727.3	−0.035%	$179K	$1.7M	20x	as long as short
Bluefin ETH-PERPshort	+0.0100%	1h	2,727.9	−0.011%	$22K	$21K	25x
Derive ETH-PERP	+0.0100%	1h	2,728.6	+0.017%	$40.9M	$30.2M	15x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,726.8	−0.051%	$54.3M	$187.4M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,727	−0.045%	$262.9M	$65.1M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,726	−0.081%	$30.3M	$74.1M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,729.6	+0.052%	—	$30.6M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,728	−0.009%	$50.2M	$4.32B	50x	as long as short
RISEx ETH/USDC	+0.0115%	1h	2,726.9	−0.048%	$5.5M	$11.8M	25x	as long as short
Orderly PERP_ETH_USDC	+0.0187%	8h	2,729.3	+0.042%	$32.1M	$11.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0194%	1h	2,726	−0.080%	$7.3M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0211%	1h	2,727.5	−0.025%	$83.3M	$311.3M	100x	as long as short
Hibachi ETH/USDT-P	+0.0272%	1h	2,730.9	+0.100%	$246K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0390%	8h	2,726.9	−0.047%	$282.3M	$175.0M	150x	as long as short