ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.039%

Price spread now: Reya against gTrade (Gains Network)−0.065%7-day average −0.031% · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.121%+$12 on $10k

Price spread, last 3 days (all we have)0.000%$0 · spread now −0.065%, 7d avg −0.031%

Together, before fees+0.121%+ Points / potential airdropReya: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Reya is 0.034% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.031%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ETH/USD	2,774.3	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	52m 15s	$22.4M	—	200x
Short	Reya ETHRUSDPERP	2,772.5	0.0207	get 0.0026% / 1h	52m 15s	$7.3M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.065%Rate

Funding earned: $42.25
Price spread: −0.065% → −0.031%: −$3.37
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $25.88
Costs to cover: 0.130%
Break-even: 2.7 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Reya: 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago	0.52 bp	4.0 bp −$4	4.1 bp −$41	5.0 bp −$498	8.9 bp −$4,441
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Injective ETH/USDC PERP	−0.0752%	1h	2,774.3	+0.001%	$119K	$22.5M	52x	as long as short
ApeX Omni ETHUSDT	−0.0362%	1h	2,770.5	−0.134%	$8.7M	$32.9M	100x	as long as short
Perpl ETH	−0.0223%	43m	2,772.3	−0.071%	$284K	$6.8M	8.3x	as long as short
RISEx ETH/USDC	−0.0128%	1h	2,772.3	−0.070%	$5.7M	$11.9M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,771.3	−0.107%	$5K	$1K	50x	as long as short
Gate ETH_USDT	−0.0047%	8h	2,773.2	−0.039%	$3.30B	$8.90B	200x	as long as short
01 Exchange ETHUSD	−0.0024%	1h	2,772.5	−0.064%	$168K	$1.2M	50x	as long as short
SoDEX ETH-USD	−0.0021%	1h	2,767.8	−0.233%	$55.1M	$228.8M	40x	as long as short
Phoenix ETH	−0.0003%	1h	2,771.4	−0.103%	$876K	$3.7M	25x	as long as short
Bullet ETH-USD	−0.0003%	1h	2,773.1	−0.042%	$183K	$1.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ETH-USD	0.0000%	1h	2,772.3	−0.072%	$12.7M	$45.8M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,772.1	−0.078%	$8.1M	$690.6M	4.9x	as long as short
gTrade (Gains Network) ETH/USDlong	L +0.0006% / S −0.0006%	1h	2,774.3	long leg	$22.4M	—	200x
OKX ETH-USDT-SWAP	+0.0020%	8h	2,768.5	−0.207%	$1.71B	$11.76B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0025% / S +0.0009%	1h	2,773.8	−0.018%	$12.8M	—	200x	as long as short
Phemex ETHUSDT	+0.0037%	8h	2,768.1	−0.223%	$269.6M	$68.1M	150x	as long as short
Aftermath Perps ETHUSD	+0.0039%	1h	2,772.4	−0.067%	$29K	$22K	20x	as long as short
Aster ETHUSDT	+0.0040%	8h	2,773.3	−0.036%	$256.6M	$1.00B	200x	as long as short
Aevo ETH-PERP	+0.0056%	1h	2,768.9	−0.192%	$5.0M	$165K	20x	as long as short
MEXC ETH_USDT	+0.0057%	8h	2,772.9	−0.048%	$1.62B	$2.62B	500x	as long as short
Binance ETHUSDT	+0.0059%	8h	2,767.8	−0.233%	$6.47B	$17.17B	150x	as long as short
Bybit ETHUSDT	+0.0063%	8h	2,767.7	−0.236%	$2.51B	$4.58B	150x	as long as short
Bitget ETHUSDT	+0.0066%	8h	2,768.2	−0.220%	$2.10B	$3.07B	150x	as long as short
HTX ETH-USDT	+0.0078%	8h	2,768	−0.227%	$1.08B	$1.31B	200x	as long as short
KuCoin ETHUSDTM	+0.0079%	8h	2,773.1	−0.041%	$422.5M	$734.4M	100x	as long as short
Coinbase International ETH-PERP-INTX	+0.0080%	1h	2,769.1	−0.186%	$60.6M	$4.56B	50x	as long as short
Vest ETH-PERP	+0.0091%	1h	2,772.2	−0.075%	—	$1.1M	50x	as long as short
Lighter ETH	+0.0096%	1h	2,768.5	−0.209%	$115.0M	$456.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,769.4	−0.176%	$25.2M	$109.7M	50x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,770.5	−0.135%	$15.9M	$9.8M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,771.9	−0.085%	$483K	$2.9M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,771.9	−0.086%	$14.6M	$117.9M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,774.4	+0.005%	$3.17B	$2.30B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,771.5	−0.100%	$31.2M	$319.4M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,770.1	−0.150%	$2.8M	$17.3M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,772.9	−0.049%	$2.7M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,770.5	−0.135%	$170.6M	$266.1M	25x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,772.6	−0.060%	—	$17.4M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,771.9	−0.085%	$15.3M	$43.4M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,771.4	−0.102%	$151.3M	$343.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,769.8	−0.161%	$181.8M	$784.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,770.8	−0.124%	$161.1M	$88.7M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,773.2	−0.039%	$21.5M	$58.7M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,772.2	−0.075%	$10.6M	$8.1M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,772.8	−0.053%	$21K	$24K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,770.7	−0.128%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,771.2	−0.111%	$973K	$13.8M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,767.7	−0.237%	$32.5M	$78.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,771.5	−0.100%	—	$41.7M	500x	as long as short
Kraken Futures PF_ETHUSD	+0.0134%	1h	2,768.9	−0.193%	$93.3M	$332.1M	100x	as long as short
Deribit ETH-PERPETUAL	+0.0140%	1h	2,769.6	−0.169%	$259.1M	$219.8M	50x	as long as short
Orderly PERP_ETH_USDC	+0.0147%	8h	2,771.9	−0.084%	$32.6M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0177%	8h	2,771.4	−0.102%	$287.4M	$192.6M	150x	as long as short
Hibachi ETH/USDT-P	+0.0184%	1h	2,773.7	−0.022%	$252K	$1.6M	20x	as long as short
Reya ETHRUSDPERPshort	+0.0207%	1h	2,772.5	−0.065%	$7.3M	$1.2M	25x