ETH

Alert

Funding spread now, next payment 17:00 UTC+0.0019%/8h

next payment, per $10,000+$0.02paid, last 24h−0.007%paid, last 3 days−0.090%to open and closeno order book

Long on GMX Short on gTrade (Gains Network)

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ETH/USD [ETH-USDC]	2,744.7	L −0.0013% / S +0.0045%	get 0.0002% / 1h	51m 03s	$11.8M	—	200x
Short	gTrade (Gains Network) ETH/USD	2,744.4	L +0.0006% / S −0.0006%	get 0.0001% / 1h	51m 03s	$22.2M	—	200x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee gTrade (Gains Network)bpOrdersRate

Funding earned: $4.01
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: −$14.99
Break-even: 33.2 days

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.012%
Avg gap 7d: −0.022%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 GMX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago	0.51 bp	4.0 bp −$4	4.1 bp −$41	5.0 bp −$501	8.9 bp −$4,454

GMX: 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
Perpl ETH	−0.0447%	43m	$448K	$6.1M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0054%	1h	$118K	$22.5M	52x	as long as short
ApeX Omni ETHUSDT	−0.0040%	1h	$7.7M	$27.8M	100x	as long as short
SoDEX ETH-USD	−0.0022%	1h	$55.4M	$161.8M	40x	as long as short
GMX ETH/USD [ETH-USDC]long	L −0.0013% / S +0.0045%	1h	$11.8M	—	200x
HTX ETH-USDT	−0.0013%	8h	$1.09B	$1.20B	200x	as long as short
dYdX ETH-USD	0.0000%	1h	$16.1M	$33.1M	50x	as long as short
gTrade (Gains Network) ETH/USDshort	L +0.0006% / S −0.0006%	1h	$22.2M	—	200x
BingX ETH-USDT	+0.0009%	8h	—	$1.11B	—	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0012%	8h	$1.70B	$11.19B	100x	as long as short
SunX ETH-USDT	+0.0021%	8h	$946K	$14.8M	100x	as long as short
01 Exchange ETHUSD	+0.0032%	1h	$179K	$1.2M	50x	as long as short
Phoenix ETH	+0.0035%	1h	$1.4M	$2.4M	25x	as long as short
Gate ETH_USDT	+0.0036%	8h	$3.33B	$8.58B	200x	as long as short
Bitget ETHUSDT	+0.0070%	8h	$2.09B	$3.18B	150x	as long as short
Bulk ETH-USD	+0.0078%	1h	$156.0M	$273.3M	25x	as long as short
Hibachi ETH/USDT-P	+0.0080%	1h	$289K	$1.3M	20x	as long as short
Aevo ETH-PERP	+0.0080%	1h	$5.0M	$731K	20x	as long as short
Binance ETHUSDT	+0.0083%	8h	$6.56B	$15.86B	150x	as long as short
MEXC ETH_USDT	+0.0083%	8h	$1.51B	$2.40B	500x	as long as short
Lighter ETH	+0.0096%	1h	$117.7M	$490.7M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	$25.4M	$116.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	—	$45.0M	500x	as long as short
Bullet ETH-USD	+0.0099%	1h	$196K	$1.9M	20x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	$14.7M	$11.7M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	$469K	$2.1M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	$17.9M	$113.9M	50x	as long as short
Aster ETHUSDT	+0.0100%	8h	$269.0M	$870.5M	200x	as long as short
Pacifica ETH	+0.0100%	1h	$30.8M	$215.3M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	$2.50B	$4.48B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	$3.0M	$14.5M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	$2.7M	$16.1M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	$405.6M	$681.6M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	$15.1M	$40.2M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	$150.7M	$304.2M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	$177.9M	$755.2M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	$21.1M	$51.3M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	$10.7M	$5.5M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	$21K	$26K	25x	as long as short
Phemex ETHUSDT	+0.0100%	8h	$265.0M	$66.9M	150x	as long as short
Vest ETH-PERP	+0.0100%	1h	—	$1.1M	50x	as long as short
Extended ETH-USD	+0.0104%	1h	$31.6M	$78.8M	50x	as long as short
Kalshi KXETHPERP	+0.0111%	8h	$8.8M	$551.6M	4.9x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	$59.8M	$4.76B	50x	as long as short
RISEx ETH/USDC	+0.0122%	1h	$5.8M	$13.2M	25x	as long as short
Deribit ETH-PERPETUAL	+0.0129%	1h	$259.7M	$216.8M	50x	as long as short
Reya ETHRUSDPERP	+0.0166%	1h	$7.3M	$976K	25x	as long as short
Derive ETH-PERP	+0.0172%	1h	$42.5M	$27.9M	15x	as long as short
Orderly PERP_ETH_USDC	+0.0197%	8h	$32.2M	$10.8M	100x	as long as short
BloFin ETH-USDT	+0.0203%	8h	$292.4M	$179.5M	150x	as long as short
Kraken Futures PF_ETHUSD	+0.0263%	1h	$86.5M	$317.1M	100x	as long as short
Aftermath Perps ETHUSD	+0.0306%	1h	$29K	$27K	20x	as long as short
Hyperliquid ETH	+0.0562%	1h	$3.29B	$2.16B	25x	as long as short