ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.021%

Price spread now: Extended against dYdX−0.067%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$190.186% of the position

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.067%, 7d avg −0.043%

Together, before fees−0.089%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.024% cheaper against dYdX than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.043%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ETH-USD	2,748.6	0	get 0.0000% / 1h	59m 45s	$10.8M	$42.0M	50x
Short	Extended ETH-USD	2,746.7	0.0104	get 0.0013% / 1h	59m 45s	$30.6M	$72.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.067%Rate

Funding earned: $21.84
Price spread: −0.067% → −0.043%: −$2.43
Slippage, 4 orders: −$3.64
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.77
Costs to cover: 0.186%
Break-even: 6.8 days

Slippage from dYdX: live order book, 4 min ago; Extended: live order book, 4 min ago.

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, 4 min ago	0.18 bp	7.4 bp −$7	8.7 bp −$87	10.9 bp −$1,089	24.6 bp −$12.3K
Sell Extended live order book, 4 min ago	0.18 bp	2.7 bp −$3	2.7 bp −$27	4.1 bp −$408	11.6 bp −$5,820

ETH on 54 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	2,746.4	−0.079%	$306K	$5.7M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,747.8	−0.027%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,745.6	−0.108%	$12.1M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,748.4	−0.006%	$847K	$3.1M	25x	as long as short
dYdX ETH-USDlong	0.0000%	1h	2,748.6	long leg	$10.8M	$42.0M	50x
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,745.8	−0.101%	$22.2M	—	200x	as long as short
01 Exchange ETHUSD	+0.0024%	1h	2,748	−0.020%	$183K	$981K	50x	as long as short
BingX ETH-USDC	+0.0042%	8h	2,747	−0.056%	—	$18.5M	—	as long as short
OKX ETH-USDT-SWAP	+0.0053%	8h	2,747.7	−0.031%	$1.70B	$10.63B	100x	as long as short
KuCoin ETHUSDTM	+0.0066%	8h	2,748	−0.020%	$369.8M	$602.2M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ETHUSDT	+0.0073%	8h	2,747.8	−0.027%	$252.7M	$842.8M	200x	as long as short
RISEx ETH/USDC	+0.0077%	1h	2,747.8	−0.027%	$5.7M	$11.2M	25x	as long as short
Aevo ETH-PERP	+0.0080%	1h	2,743.4	−0.186%	$4.9M	$167K	20x	as long as short
HTX ETH-USDT	+0.0083%	8h	2,745.7	−0.104%	$1.06B	$1.18B	200x	as long as short
MEXC ETH_USDT	+0.0083%	8h	2,747.9	−0.023%	$1.58B	$2.50B	500x	as long as short
Binance ETHUSDT	+0.0083%	8h	2,747.9	−0.023%	$6.39B	$15.83B	150x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	2,746.3	−0.084%	$58.6M	$4.28B	50x	as long as short
ApeX Omni ETHUSDT	+0.0090%	1h	2,748.3	−0.010%	$8.8M	$31.2M	100x	as long as short
Lighter ETH	+0.0096%	1h	2,748.2	−0.012%	$113.0M	$430.0M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,749.5	+0.036%	$24.8M	$108.1M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,747.5	−0.039%	—	$31.0M	500x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,751.3	+0.101%	$16.2M	$8.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,747.3	−0.046%	$483K	$3.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,746.1	−0.090%	$13.9M	$107.8M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,750	+0.053%	$3.12B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,748.7	+0.005%	$31.7M	$334.3M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,748.1	−0.018%	$2.47B	$4.19B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,745.3	−0.118%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,748	−0.020%	$2.7M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,747.8	−0.027%	$3.40B	$8.63B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,747.7	−0.031%	$2.08B	$2.73B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,745.3	−0.119%	$15.0M	$41.2M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,746.6	−0.071%	$133.0M	$342.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,748.2	−0.013%	$182.1M	$701.0M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,748.5	−0.003%	$159.8M	$81.7M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,748.2	−0.013%	$21.3M	$69.1M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,747	−0.055%	—	$849K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,746.5	−0.075%	$10.7M	$8.5M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,745.2	−0.122%	$182K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,746.2	−0.086%	$21K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,747.5	−0.039%	$41.6M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,745.6	−0.107%	$962K	$12.0M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,745.4	−0.115%	$54.7M	$187.5M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,745.9	−0.097%	$267.3M	$65.7M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,746.2	−0.085%	$164.3M	$302.6M	25x	as long as short
Extended ETH-USDshort	+0.0104%	1h	2,746.7	−0.067%	$30.6M	$72.7M	50x
Aftermath Perps ETHUSD	+0.0108%	1h	2,747.4	−0.042%	$30K	$20K	20x	as long as short
Deribit ETH-PERPETUAL	+0.0118%	1h	2,746.8	−0.065%	$258.9M	$196.3M	50x	as long as short
Kalshi KXETHPERP	+0.0149%	8h	2,746.8	−0.064%	$7.9M	$671.4M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0182%	8h	2,748.3	−0.010%	$32.3M	$11.0M	100x	as long as short
Injective ETH/USDC PERP	+0.0209%	1h	2,748.3	−0.009%	$118K	$22.5M	52x	as long as short
Reya ETHRUSDPERP	+0.0223%	1h	2,745	−0.130%	$7.3M	$1.1M	25x	as long as short
Hibachi ETH/USDT-P	+0.0232%	1h	2,750	+0.053%	$250K	$1.4M	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0354%	1h	2,746.3	−0.084%	$88.1M	$310.8M	100x	as long as short