Funding you earn now, next payment 04:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.052%
Price spread now: KuCoin against Hotstuff+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.061% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff ETH-PERP | 2,732.3 | −0.0080 | get 0.0010% / 1h | 17m 21s | $5K | $1K | 50x |
| Short | KuCoin ETHUSDTM | 2,734 | 0.0064 | get 0.0064% / 8h | 4h 17m | $380.3M | $574.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hotstuff. 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
- $30.24
- Price spread: +0.061% → 0.000%
- $6.15
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $19.39
- Costs to cover
- 0.170%
- Break-even
- 2.5 days
Slippage unknown: Hotstuff: no order-book sample; KuCoin: live order book, 2 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 0.02 bp | 6.3 bp −$6 | 8.9 bp −$89 | 11.5 bp −$1,146 | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,732.8 | +0.018% | $297K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,734.2 | +0.070% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERPlong | −0.0080% | 1h | 2,732.3 | long leg | $5K | $1K | 50x | |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,734.7 | +0.086% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,733.1 | +0.029% | $10.8M | $41.6M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,734.5 | +0.081% | $187K | $823K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,733.9 | +0.059% | $828K | $2.9M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,734.9 | +0.094% | $28.1M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0009% | 1h | 2,733.9 | +0.059% | $179K | $1.7M | 20x | as long as short |
| HTX ETH-USDT | +0.0039% | 8h | 2,730.9 | −0.051% | $1.05B | $1.20B | 200x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ETHUSDT | +0.0049% | 1h | 2,732.7 | +0.013% | $8.7M | $31.3M | 100x | as long as short |
| BingX ETH-USDC | +0.0052% | 8h | 2,733.6 | +0.047% | — | $18.4M | — | as long as short |
| Bybit ETHUSDT | +0.0059% | 8h | 2,734 | +0.061% | $2.39B | $4.35B | 150x | as long as short |
| KuCoin ETHUSDTMshort | +0.0064% | 8h | 2,734 | +0.061% | $380.3M | $574.5M | 100x | |
| OKX ETH-USDT-SWAP | +0.0072% | 8h | 2,734.3 | +0.074% | $1.67B | $10.72B | 100x | as long as short |
| Phemex ETHUSDT | +0.0077% | 8h | 2,731.8 | −0.018% | $265.6M | $65.3M | 150x | as long as short |
| Aster ETHUSDT | +0.0085% | 8h | 2,734.3 | +0.074% | $251.1M | $841.9M | 200x | as long as short |
| SoDEX ETH-USD | +0.0091% | 1h | 2,734.3 | +0.073% | $54.5M | $187.6M | 40x | as long as short |
| Binance ETHUSDT | +0.0094% | 8h | 2,734.3 | +0.074% | $6.35B | $15.87B | 150x | as long as short |
| MEXC ETH_USDT | +0.0094% | 8h | 2,734 | +0.064% | $1.55B | $2.57B | 500x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,733.8 | +0.054% | $112.9M | $440.3M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,735 | +0.097% | $23.4M | $106.6M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,734.6 | +0.082% | — | $30.9M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,731.8 | −0.018% | $4.9M | $155K | 20x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,737.3 | +0.184% | $15.5M | $8.0M | 50x | as long as short |
| RISEx ETH/USDC | +0.0099% | 1h | 2,734.6 | +0.085% | $5.6M | $11.6M | 25x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,733.5 | +0.044% | $500K | $3.2M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,733.7 | +0.053% | $13.6M | $104.4M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,736.4 | +0.150% | $3.11B | $2.06B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,735 | +0.097% | $31.9M | $333.9M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,733.6 | +0.048% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,734.7 | +0.088% | $1.6M | $16.3M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,734.4 | +0.075% | $3.34B | $8.91B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,734.3 | +0.073% | $2.07B | $2.73B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,732.3 | 0.000% | $15.0M | $39.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,731.5 | −0.030% | $133.7M | $325.4M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,732.2 | −0.005% | $183.8M | $671.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,732.8 | +0.017% | $159.0M | $86.4M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,732 | −0.011% | $21.1M | $68.1M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,734.6 | +0.084% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,735.6 | +0.121% | $11.2M | $9.2M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,734.3 | +0.074% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,736.3 | +0.145% | $41.3M | $29.8M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,733 | +0.025% | $958K | $11.3M | 100x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,734.8 | +0.092% | $164.8M | $300.4M | 25x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,733.6 | +0.047% | $30.4M | $72.7M | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0108% | 1h | 2,735.7 | +0.125% | $259.7M | $196.4M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,735.5 | +0.119% | $51.3M | $4.27B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0115% | 1h | 2,734.1 | +0.068% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0137% | 8h | 2,732 | −0.011% | $6.8M | $678.6M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0195% | 8h | 2,736.6 | +0.158% | $32.2M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0219% | 1h | 2,733.3 | +0.038% | $7.3M | $1.2M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,735.1 | +0.103% | $83.4M | $314.7M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0272% | 1h | 2,733.1 | +0.029% | $253K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0380% | 8h | 2,731.7 | −0.023% | $282.3M | $175.5M | 150x | as long as short |
KuCoin ETHUSDTM
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Bullet ETH-USD
HTX ETH-USDT
ApeX Omni ETHUSDT
BingX ETH-USDC
Bybit ETHUSDT
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Aster ETHUSDT
SoDEX ETH-USD
Binance ETHUSDT
MEXC ETH_USDT
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
RISEx ETH/USDC
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Bulk ETH-USD
Extended ETH-USD
Deribit ETH-PERPETUAL
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT