Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.009%
Price spread now: OKX against gTrade (Gains Network)0.000%7-day average −0.010% · 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−$17as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Funding, last 3 days (all we have)+0.044%+$4 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now 0.000%, 7d avg −0.010%
=The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ETH/USD | 2,739.8 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 47m 52s | $28.1M | — | 200x |
| Short | OKX ETH-USDT-SWAP | 2,739.8 | 0.0075 | get 0.0075% / 8h | 3h 47m | $1.67B | $10.76B | 100x |
gTrade (Gains Network) ETH/USD
OKX ETH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.22
- Price spread: 0.000% → −0.010%
- $1.01
- Slippage, 4 orders
- −$1.13
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$2.91
- Costs to cover
- 0.181%
- Break-even
- 8.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; OKX: live order book, 1 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 venue), 1 min ago | 0.53 bp | 4.0 bp −$4 | 4.1 bp −$41 | 5.0 bp −$500 | 8.9 bp −$4,450 |
| Sell OKX live order book, 1 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.0 bp −$502 | 6.7 bp −$3,342 |
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 | −0.0447% | 43m | 2,739.7 | −0.004% | $297K | $5.6M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,738.2 | −0.058% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,739.6 | −0.006% | $12.0M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,740.2 | +0.015% | $819K | $2.9M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,740 | +0.009% | $10.8M | $42.0M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,739.7 | −0.004% | $6.6M | $681.8M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USDlong | L +0.0007% / S −0.0007% | 1h | 2,739.8 | long leg | $28.1M | — | 200x | |
| HTX ETH-USDT | +0.0016% | 8h | 2,739 | −0.031% | $1.06B | $1.20B | 200x | as long as short |
| Bullet ETH-USD | +0.0032% | 1h | 2,739.2 | −0.023% | $180K | $1.7M | 20x | as long as short |
| BingX ETH-USDT | +0.0036% | 8h | 2,739.4 | −0.014% | — | $1.15B | — | as long as short |
Perpl ETH
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
dYdX ETH-USD
Kalshi KXETHPERP
HTX ETH-USDT
Bullet ETH-USD
BingX ETH-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0043% | 8h | 2,739.5 | −0.012% | $2.37B | $4.37B | 150x | as long as short |
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,741.1 | +0.047% | $187K | $816K | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0069% | 8h | 2,739.8 | +0.001% | $380.3M | $574.6M | 100x | as long as short |
| OKX ETH-USDT-SWAPshort | +0.0075% | 8h | 2,739.8 | 0.000% | $1.67B | $10.76B | 100x | |
| Phemex ETHUSDT | +0.0076% | 8h | 2,739.3 | −0.018% | $265.7M | $65.3M | 150x | as long as short |
| Aster ETHUSDT | +0.0089% | 8h | 2,739.4 | −0.014% | $251.3M | $843.0M | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,739.9 | +0.004% | $113.1M | $431.0M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,741 | +0.045% | $23.5M | $103.8M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,737.6 | −0.080% | — | $31.0M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,737.1 | −0.100% | $4.9M | $155K | 20x | as long as short |
| Injective ETH/USDC PERP | +0.0096% | 1h | 2,737.1 | −0.099% | $117K | $22.5M | 52x | as long as short |
| Binance ETHUSDT | +0.0097% | 8h | 2,739.7 | −0.005% | $6.36B | $15.90B | 150x | as long as short |
| MEXC ETH_USDT | +0.0098% | 8h | 2,739.8 | +0.001% | $1.56B | $2.54B | 500x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,744.8 | +0.182% | $15.7M | $8.0M | 50x | as long as short |
| SoDEX ETH-USD | +0.0099% | 1h | 2,739.4 | −0.015% | $54.5M | $187.7M | 40x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,739.6 | −0.007% | $505K | $3.3M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,739.6 | −0.007% | $13.7M | $104.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,742 | +0.078% | $3.11B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,740.3 | +0.019% | $31.9M | $334.2M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,739.7 | −0.004% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,740.7 | +0.034% | $1.5M | $15.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,739.7 | −0.005% | $171.0M | $325.1M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,739.6 | −0.008% | $3.34B | $8.85B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,739.9 | +0.004% | $2.07B | $2.73B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,739.1 | −0.027% | $15.2M | $40.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,738.5 | −0.047% | $133.8M | $322.9M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,738.5 | −0.048% | $184.2M | $670.5M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,740.6 | +0.030% | $159.4M | $86.8M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,739.5 | −0.013% | $8.7M | $31.3M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,738 | −0.066% | $21.1M | $69.5M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,740.4 | +0.023% | — | $844K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,741.8 | +0.073% | $11.2M | $9.3M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,740.3 | +0.016% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,741.5 | +0.062% | $41.4M | $29.9M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,738.4 | −0.051% | $959K | $11.3M | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0100% | 1h | 2,740.6 | +0.030% | $259.5M | $199.9M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,739.1 | −0.026% | $30.6M | $72.9M | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0105% | 1h | 2,739.1 | −0.027% | $30K | $20K | 20x | as long as short |
| RISEx ETH/USDC | +0.0107% | 1h | 2,740.6 | +0.029% | $5.6M | $11.7M | 25x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,740.5 | +0.024% | $51.1M | $4.28B | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0153% | 1h | 2,740 | +0.008% | $83.6M | $315.0M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0201% | 8h | 2,741.7 | +0.070% | $32.2M | $11.7M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0214% | 1h | 2,739.6 | −0.009% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0272% | 1h | 2,738.5 | −0.046% | $246K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0393% | 8h | 2,737.3 | −0.092% | $282.4M | $175.7M | 150x | as long as short |
Bybit ETHUSDT
01 Exchange ETHUSD
KuCoin ETHUSDTM
Phemex ETHUSDT
Aster ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Aevo ETH-PERP
Injective ETH/USDC PERP
Binance ETHUSDT
MEXC ETH_USDT
Paradex ETH-USD-PERP
SoDEX ETH-USD
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Deribit ETH-PERPETUAL
Extended ETH-USD
Aftermath Perps ETHUSD
RISEx ETH/USDC
Coinbase International ETH-PERP-INTX
Kraken Futures PF_ETHUSD
Orderly PERP_ETH_USDC
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
BloFin ETH-USDT