ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.021%

Price spread now: Aevo against gTrade (Gains Network)−0.107%63s7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.365% of the position

Long on gTrade (Gains Network)Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.073%+$7 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.107%, 7d avg −0.068%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.039% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.068%). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$2 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ETH/USD	2,747.4	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	52m 10s	$33.2M	—	200x
Short	Aevo ETH-PERP	2,744.4	0.0088	get 0.0011% / 1h	52m 10s	$4.9M	$214K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AevobpOrdersPrice spread, now −0.107%Rate

Funding earned: $17.1
Price spread: −0.107% → −0.068%: −$3.93
Slippage, 4 orders: −$13.53
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$23.36
Costs to cover: 0.365%
Break-even: 16.6 days

Slippage from gTrade (Gains Network): virtual book (oracle exchange), 5 min ago; Aevo: live order book, 5 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 gTrade (Gains Network) virtual book (oracle exchange), 5 min ago	0.53 bp	4.0 bp −$4	4.1 bp −$41	5.0 bp −$500	8.9 bp −$4,444
Sell Aevo live order book, 5 min ago	2.47 bp	17.8 bp −$18	25.2 bp −$252	38.2 bp −$3,821	doesn't fit

ETH on 54 exchanges

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
Hibachi ETH/USDT-P	−0.0120%	1h	2,748.1	+0.025%	$235K	$1.2M	20x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,749.4	+0.073%	$5K	$1K	50x	as long as short
ApeX Omni ETHUSDT	−0.0045%	1h	2,748.4	+0.036%	$8.3M	$25.3M	100x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0009% / S +0.0043%	1h	2,747.3	−0.004%	$12.2M	—	200x	as long as short
Phoenix ETH	−0.0009%	1h	2,750	+0.095%	$809K	$2.8M	25x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,746.8	−0.021%	$7.2M	$661.2M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,748	+0.020%	$269K	$5.0M	8.3x	as long as short
gTrade (Gains Network) ETH/USDlong	L +0.0007% / S −0.0006%	1h	2,747.4	long leg	$33.2M	—	200x
Bybit ETHUSDT	+0.0007%	8h	2,747.2	−0.007%	$2.37B	$3.81B	150x	as long as short
OKX ETH-USDT-SWAP	+0.0068%	8h	2,747	−0.014%	$1.67B	$9.24B	100x	as long as short

Show all 54 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ETHUSD	+0.0072%	1h	2,746.9	−0.018%	$182K	$928K	50x	as long as short
Gate ETH_USDT	+0.0082%	8h	2,746.7	−0.025%	$3.27B	$7.69B	200x	as long as short
Aster ETHUSDT	+0.0083%	8h	2,747.3	−0.002%	$257.9M	$720.1M	200x	as long as short
KuCoin ETHUSDTM	+0.0088%	8h	2,746.3	−0.039%	$365.1M	$441.2M	100x	as long as short
Aevo ETH-PERPshort	+0.0088%	1h	2,744.4	−0.107%	$4.9M	$214K	20x
Binance ETHUSDT	+0.0089%	8h	2,747.3	−0.003%	$6.41B	$14.02B	150x	as long as short
MEXC ETH_USDT	+0.0089%	8h	2,747	−0.014%	$1.60B	$2.34B	500x	as long as short
Lighter ETH	+0.0096%	1h	2,747.9	+0.018%	$113.8M	$384.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,749.1	+0.060%	$23.7M	$94.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,747.2	−0.008%	—	$23.6M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0096%	1h	2,748.4	+0.036%	$46.2M	$3.90B	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,745.8	−0.058%	$506K	$3.5M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,745.8	−0.058%	$14.6M	$95.9M	50x	as long as short
Pacifica ETH	+0.0100%	1h	2,747.5	+0.002%	$32.4M	$325.1M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,747.8	+0.015%	$2.8M	$14.2M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,747.6	+0.008%	$1.5M	$14.3M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,749.3	+0.068%	$164.5M	$330.2M	25x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,746.7	−0.025%	$2.11B	$2.30B	150x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,746	−0.051%	—	$18.4M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,746.7	−0.024%	$14.9M	$36.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,747.8	+0.016%	$132.6M	$290.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,748.3	+0.033%	$185.2M	$607.0M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,749.4	+0.072%	$159.9M	$69.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,748.5	+0.040%	$21.1M	$75.6M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,747.9	+0.020%	—	$348K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,747.7	+0.011%	$11.3M	$8.6M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,747	−0.014%	$177K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,746.6	−0.029%	$20K	$14K	25x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,746.3	−0.039%	$946K	$8.6M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,747.7	+0.011%	$61.9M	$121.8M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,746.8	−0.022%	$1.05B	$1.05B	200x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,747.3	−0.002%	$263.9M	$56.4M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,745.9	−0.056%	$30.5M	$65.1M	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0105%	1h	2,747.6	+0.009%	$82.5M	$273.5M	100x	as long as short
Aftermath Perps ETHUSD	+0.0107%	1h	2,748.3	+0.032%	$30K	$8K	20x	as long as short
Deribit ETH-PERPETUAL	+0.0140%	1h	2,748	+0.022%	$266.8M	$184.9M	50x	as long as short
Reya ETHRUSDPERP	+0.0156%	1h	2,745.3	−0.078%	$7.3M	$832K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0174%	8h	2,749.2	+0.066%	$32.4M	$9.9M	100x	as long as short
dYdX ETH-USD	+0.0196%	1h	2,746.3	−0.039%	$15.2M	$42.7M	50x	as long as short
RISEx ETH/USDC	+0.0206%	1h	2,747.6	+0.008%	$5.7M	$10.6M	25x	as long as short
Hyperliquid ETH	+0.0251%	1h	2,749.5	+0.075%	$3.15B	$1.73B	25x	as long as short
BloFin ETH-USDT	+0.0360%	8h	2,747.7	+0.012%	$283.3M	$149.7M	150x	as long as short
Injective ETH/USDC PERP	+0.0461%	1h	2,751.5	+0.150%	$118K	$21.7M	52x	as long as short
Paradex ETH-USD-PERP	+0.0546%	8h	2,751	+0.131%	$16.0M	$6.2M	50x	as long as short