Funding you earn now, next payment 10:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.017%
Price spread now: 01 Exchange against Extended+0.070%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$190.195% of the position
Funding, last 4 days (all we have)−0.071%−$7 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.070%, 7d avg +0.044%
=Together, before fees−0.118%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.026% dearer against Extended than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of +0.044%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETH-USD | 2,742.9 | 0.0104 | pay 0.0013% / 1h | 58m 12s | $30.4M | $68.6M | 50x |
| Short | 01 Exchange ETHUSD | 2,744.8 | 0.0016 | get 0.0002% / 1h | 58m 12s | $179K | $943K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Extended. 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
- −$18.48
- Price spread: +0.070% → +0.044%
- $2.59
- Slippage, 4 orders
- −$7.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$35.39
- Costs to cover
- 0.195%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; 01 Exchange: live order book, 36 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 Extended live order book, 6 min ago | 0.18 bp | 2.7 bp −$3 | 2.7 bp −$27 | 4.2 bp −$420 | 12.4 bp −$6,193 |
| Sell 01 Exchange live order book, 36 min ago | 0.18 bp | 6.2 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,748.4 | +0.201% | $5K | $1K | 50x | as long as short |
| Bybit ETHUSDT | −0.0039% | 8h | 2,742.4 | −0.019% | $2.35B | $4.15B | 150x | as long as short |
| Hibachi ETH/USDT-P | −0.0024% | 1h | 2,750 | +0.258% | $236K | $1.3M | 20x | as long as short |
| Phoenix ETH | −0.0012% | 1h | 2,751.4 | +0.310% | $814K | $2.8M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,748.9 | +0.218% | $12.0M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,743.9 | +0.039% | $11.1M | $41.4M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,744.4 | +0.055% | $6.7M | $664.3M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,744.8 | +0.071% | $271K | $5.2M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,745 | +0.077% | $266.4M | $209.1M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,749.8 | +0.251% | $33.2M | — | 200x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ETHUSDshort | +0.0016% | 1h | 2,744.8 | +0.070% | $179K | $943K | 50x | |
| Gate ETH_USDT | +0.0037% | 8h | 2,743.7 | +0.031% | $3.27B | $7.65B | 200x | as long as short |
| Phemex ETHUSDT | +0.0057% | 8h | 2,743 | +0.005% | $263.9M | $59.4M | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.0069% | 8h | 2,742.3 | −0.022% | $1.66B | $10.17B | 100x | as long as short |
| ApeX Omni ETHUSDT | +0.0070% | 1h | 2,749.5 | +0.241% | $8.3M | $30.3M | 100x | as long as short |
| Aster ETHUSDT | +0.0071% | 8h | 2,743.4 | +0.018% | $252.8M | $796.7M | 200x | as long as short |
| HTX ETH-USDT | +0.0073% | 8h | 2,742.5 | −0.013% | $1.05B | $1.16B | 200x | as long as short |
| SoDEX ETH-USD | +0.0079% | 1h | 2,742.9 | +0.001% | $54.6M | $160.0M | 40x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0080% | 1h | 2,743.7 | +0.029% | $82.4M | $290.8M | 100x | as long as short |
| Aevo ETH-PERP | +0.0080% | 1h | 2,741.5 | −0.049% | $4.9M | $200K | 20x | as long as short |
| MEXC ETH_USDT | +0.0081% | 8h | 2,744.2 | +0.047% | $1.58B | $2.46B | 500x | as long as short |
| Binance ETHUSDT | +0.0081% | 8h | 2,743 | +0.006% | $6.40B | $15.42B | 150x | as long as short |
| KuCoin ETHUSDTM | +0.0089% | 8h | 2,743.8 | +0.034% | $367.6M | $481.9M | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,744 | +0.040% | $113.3M | $378.8M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,744.3 | +0.053% | $24.8M | $91.7M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,745.6 | +0.097% | — | $24.6M | 500x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,744.4 | +0.055% | $509K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,749 | +0.222% | $15.7M | $6.6M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,744.2 | +0.047% | $14.6M | $100.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,746.2 | +0.121% | $3.13B | $1.94B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,744.8 | +0.069% | $32.1M | $326.2M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,744.1 | +0.044% | $2.8M | $15.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,745 | +0.079% | $1.5M | $15.3M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,751.4 | +0.309% | $166.7M | $340.7M | 25x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,743.8 | +0.033% | $2.11B | $2.55B | 150x | as long as short |
| BingX ETH-USDC | +0.0100% | 8h | 2,742.7 | −0.006% | — | $18.5M | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,745.3 | +0.090% | $14.9M | $37.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,746.4 | +0.129% | $131.8M | $307.2M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,749 | +0.223% | $186.3M | $695.2M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,749.1 | +0.228% | $159.8M | $73.6M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,748.2 | +0.194% | $21.1M | $72.3M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,746.4 | +0.126% | — | $409K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,745.4 | +0.092% | $11.3M | $9.0M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,744.1 | +0.044% | $177K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,744.3 | +0.051% | $20K | $15K | 25x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,742.7 | −0.007% | $947K | $9.9M | 100x | as long as short |
| Extended ETH-USDlong | +0.0104% | 1h | 2,742.9 | long leg | $30.4M | $68.6M | 50x | |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,743.6 | +0.028% | $45.5M | $4.09B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0108% | 1h | 2,748.8 | +0.215% | $30K | $12K | 20x | as long as short |
| Reya ETHRUSDPERP | +0.0167% | 1h | 2,745 | +0.076% | $7.3M | $880K | 25x | as long as short |
| RISEx ETH/USDC | +0.0167% | 1h | 2,745.2 | +0.086% | $5.6M | $11.2M | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0181% | 8h | 2,746.3 | +0.125% | $32.4M | $10.4M | 100x | as long as short |
| BloFin ETH-USDT | +0.0301% | 8h | 2,745 | +0.078% | $281.8M | $166.0M | 150x | as long as short |
| Injective ETH/USDC PERP | +0.0308% | 1h | 2,752.8 | +0.362% | $122K | $19.9M | 52x | as long as short |
Extended ETH-USD
01 Exchange ETHUSD
Bybit ETHUSDT
Phoenix ETH
GMX ETH/USD [ETH-USDC]
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
Gate ETH_USDT
Phemex ETHUSDT
OKX ETH-USDT-SWAP
ApeX Omni ETHUSDT
Aster ETHUSDT
HTX ETH-USDT
SoDEX ETH-USD
Kraken Futures PF_ETHUSD
MEXC ETH_USDT
Binance ETHUSDT
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Bitget ETHUSDT
BingX ETH-USDC
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
SunX ETH-USDT
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
RISEx ETH/USDC
BloFin ETH-USDT
Injective ETH/USDC PERP