Funding spread now, next payment 15:00 UTC+0.0192%/8h
next payment, per $10,000+$0.24paid, last 24h+0.053%paid, last 3 days+0.050%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ETH/USD [ETH-USDC] | 2,716.8 | L +0.0016% / S +0.0014% | pay 0.0002% / 1h | 51m 34s | $11.6M | — | 200x |
| Short | Aftermath Perps ETHUSD | 2,725.8 | 0.0208 | get 0.0026% / 1h | 51m 34s | $29K | $34K | 20x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $40.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $19.35
- Break-even
- 3.6 days
Slippage unknown: GMX: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.329%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
GMX and Aftermath Perps: 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 54 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective ETH/USDC PERP | −0.0112% | 1h | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | $5K | $1K | 50x | as long as short |
| Gate ETH_USDT | −0.0040% | 8h | $3.66B | $8.25B | 200x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | $4.3M | $476.4M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | $22.0M | — | 200x | as long as short |
| Backpack ETH_USDC_PERP | +0.0014% | 1h | $15.4M | $38.1M | 50x | as long as short |
| GMX ETH/USD [ETH-USDC]long | L +0.0016% / S +0.0014% | 1h | $11.6M | — | 200x | |
| OKX ETH-USDT-SWAP | +0.0018% | 8h | $1.71B | $10.52B | 100x | as long as short |
| SoDEX ETH-USD | +0.0022% | 1h | $55.3M | $139.7M | 40x | as long as short |
| Phemex ETHUSDT | +0.0037% | 8h | $262.7M | $65.6M | 150x | as long as short |
GMX ETH/USD [ETH-USDC]
Injective ETH/USDC PERP
Gate ETH_USDT
gTrade (Gains Network) ETH/USD
Backpack ETH_USDC_PERP
OKX ETH-USDT-SWAP
SoDEX ETH-USD
Phemex ETHUSDT
Bullet ETH-USD
Coinbase International ETH-PERP-INTX
Phoenix ETH
Bitget ETHUSDT
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Aster ETHUSDT
Pacifica ETH
Binance ETHUSDT
Bybit ETHUSDT
MEXC ETH_USDT
KuCoin ETHUSDTM
BingX ETH-USDC
Variational Omni ETH
ApeX Omni ETHUSDT
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
SunX ETH-USDT
HTX ETH-USDT
Bulk ETH-USD
Extended ETH-USD
Deribit ETH-PERPETUAL
BloFin ETH-USDT
Kraken Futures PF_ETHUSD
RISEx ETH/USDC
Hyperliquid ETH
Derive ETH-PERP