ETH

Alert

Funding spread now, next payment 17:44 UTC−0.0212%/8h

paid, last 24h−0.012%paid, last 7 days+0.056%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment. 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	Hyperliquid ETH	2,744	0.0100	pay 0.0013% / 1h	59m 32s	$3.21B	$2.12B	25x
Short	Perpl ETH	2,743.2	−0.0112	pay 0.0010% / 43m	11m 32s	$298K	$6.3M	8.3x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee PerplbpOrdersRate

Funding earned: −$44.44
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$67.24
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 6 min ago; Perpl: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.029%
Avg gap 7d: −0.017%

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 Hyperliquid live order book, 6 min ago	0.18 bp	4.7 bp −$5	4.9 bp −$49	5.4 bp −$537	7.8 bp −$3,896
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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	−0.0275%	1h	$118K	$22.5M	52x	as long as short
Perpl ETHshort	−0.0112%	43m	$298K	$6.3M	8.3x
Hotstuff ETH-PERP	−0.0080%	1h	$5K	$2K	50x	as long as short
ApeX Omni ETHUSDT	−0.0021%	1h	$8.2M	$28.0M	100x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0013% / S +0.0045%	1h	$11.9M	—	200x	as long as short
SoDEX ETH-USD	−0.0011%	1h	$55.3M	$161.9M	40x	as long as short
Bulk ETH-USD	−0.0004%	1h	$157.6M	$268.1M	25x	as long as short
dYdX ETH-USD	−0.0003%	1h	$12.0M	$40.1M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	$180K	$1.2M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	$22.2M	—	200x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX ETH-USDT	+0.0010%	8h	—	$1.06B	—	as long as short
OKX ETH-USDT-SWAP	+0.0013%	8h	$1.72B	$10.95B	100x	as long as short
MEXC ETH_USDT	+0.0047%	8h	$1.58B	$2.35B	500x	as long as short
Aevo ETH-PERP	+0.0048%	1h	$5.0M	$679K	20x	as long as short
Binance ETHUSDT	+0.0050%	8h	$6.51B	$15.80B	150x	as long as short
Phemex ETHUSDT	+0.0057%	8h	$264.2M	$65.0M	150x	as long as short
Deribit ETH-PERPETUAL	+0.0064%	1h	$258.6M	$204.2M	50x	as long as short
Gate ETH_USDT	+0.0066%	8h	$3.36B	$8.86B	200x	as long as short
Phoenix ETH	+0.0078%	1h	$1.2M	$2.1M	25x	as long as short
RISEx ETH/USDC	+0.0083%	1h	$5.8M	$12.0M	25x	as long as short
Bitget ETHUSDT	+0.0084%	8h	$2.10B	$2.96B	150x	as long as short
Extended ETH-USD	+0.0088%	1h	$31.5M	$75.4M	50x	as long as short
Aster ETHUSDT	+0.0093%	8h	$267.2M	$930.1M	200x	as long as short
Lighter ETH	+0.0096%	1h	$115.7M	$474.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	$25.1M	$118.4M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	—	$43.7M	500x	as long as short
Bullet ETH-USD	+0.0096%	1h	$195K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0097%	8h	$143.8M	$308.6M	—	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	$14.4M	$10.9M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	$510K	$2.3M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	$17.2M	$110.8M	50x	as long as short
Hyperliquid ETHlong	+0.0100%	1h	$3.21B	$2.12B	25x
Pacifica ETH	+0.0100%	1h	$31.0M	$240.9M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	$2.50B	$4.32B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	$2.9M	$14.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	$2.7M	$16.0M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	$436.1M	$679.2M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	$15.2M	$40.9M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	$178.2M	$743.6M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	$21.1M	$51.4M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	—	$1.0M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	$11.4M	$6.7M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	$42.3M	$29.7M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	$962K	$14.2M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	$1.08B	$1.19B	200x	as long as short
Coinbase International ETH-PERP-INTX	+0.0136%	1h	$59.2M	$4.52B	50x	as long as short
Kalshi KXETHPERP	+0.0137%	8h	$9.5M	$602.0M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0144%	8h	$32.2M	$10.7M	100x	as long as short
BloFin ETH-USDT	+0.0166%	8h	$291.8M	$174.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0199%	1h	$7.3M	$897K	25x	as long as short
Aftermath Perps ETHUSD	+0.0206%	1h	$29K	$20K	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0209%	1h	$84.7M	$320.1M	100x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	$273K	$1.4M	20x	as long as short