ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.018%

Price spread now: Jupiter Perps against Injective+0.091%57s7-day average −0.048% · you sell dearer than you buy

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

Long on Injective Short on Jupiter Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.100%−$10 on $10k

Price spread, last 3 days (all we have)+0.116%+$12 · spread now +0.091%, 7d avg −0.048%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Jupiter Perps is 0.139% dearer against Injective than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 3 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ETH/USDC PERP	2,775.7	−0.0107	get 0.0013% / 1h	22m 10s	$119K	$22.5M	52x
Short	Jupiter Perps ETH-PERP	2,778.2	L +0.0096% / S +0.0048%	pay 0.0006% / 1h	22m 10s	—	$41.7M	500x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Jupiter Perps against Injective. 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 InjectivebpFee Jupiter PerpsbpOrdersPrice spread, now +0.091%Rate

Funding earned: $12.32
Price spread: +0.091% → −0.048%: $13.88
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Net: $14.18
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: live order book, 2 min ago; Jupiter Perps: 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 Injective live order book, 2 min ago	14.38 bp	14.4 bp −$14	14.4 bp −$144	14.4 bp −$1,439	20627.3 bp −$10.31M
Sell Jupiter Perps no order-book sample	—	—	—	—	—

Jupiter 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 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	−0.0112%	43m	2,776.2	+0.019%	$289K	$6.9M	8.3x	as long as short
Injective ETH/USDC PERPlong	−0.0107%	1h	2,775.7	long leg	$119K	$22.5M	52x
Hotstuff ETH-PERP	−0.0080%	1h	2,776.5	+0.029%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0056%	1h	2,776.8	+0.040%	$172K	$1.2M	50x	as long as short
Phoenix ETH	−0.0023%	1h	2,773.4	−0.083%	$859K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,776.7	+0.035%	$5.8M	$11.7M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,777.1	+0.050%	$12.7M	$45.5M	50x	as long as short
Aftermath Perps ETHUSD	+0.0004%	1h	2,773.9	−0.063%	$29K	$22K	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,778.1	+0.088%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0013%	8h	2,777	+0.048%	$267.4M	$66.0M	150x	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	+0.0018%	1h	2,771.4	−0.157%	$8.8M	$32.6M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0022%	8h	2,776.9	+0.044%	$1.71B	$11.92B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,778.1	+0.086%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0039%	8h	2,777.2	+0.055%	$256.9M	$995.8M	200x	as long as short
MEXC ETH_USDT	+0.0047%	8h	2,777.4	+0.059%	$1.61B	$2.68B	500x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,775.9	+0.008%	$5.0M	$636K	20x	as long as short
Binance ETHUSDT	+0.0048%	8h	2,777.2	+0.055%	$6.44B	$17.24B	150x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,777.4	+0.062%	$3.29B	$9.66B	200x	as long as short
Bitget ETHUSDT	+0.0074%	8h	2,777.1	+0.052%	$2.10B	$3.13B	150x	as long as short
Bullet ETH-USD	+0.0082%	1h	2,777.4	+0.061%	$183K	$1.8M	20x	as long as short
Variational Omni ETH	+0.0092%	8h	2,774.2	−0.056%	$140.6M	$320.2M	—	as long as short
Lighter ETH	+0.0096%	1h	2,777.8	+0.074%	$115.4M	$514.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,779.1	+0.122%	$25.4M	$122.8M	50x	as long as short
Jupiter Perps ETH-PERPshort	L +0.0096% / S +0.0048%	1h	2,778.2	+0.091%	—	$41.7M	500x
Paradex ETH-USD-PERP	+0.0100%	8h	2,776	+0.011%	$16.0M	$10.8M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,776.1	+0.014%	$487K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,776.2	+0.019%	$15.3M	$117.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,779.5	+0.137%	$3.20B	$2.39B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,776.9	+0.043%	$31.2M	$287.3M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,777.1	+0.050%	$2.52B	$4.64B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,775.6	−0.004%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,778.3	+0.094%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,765.9	−0.352%	$164.9M	$256.3M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,777.3	+0.059%	$423.2M	$742.1M	100x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,776.8	+0.039%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,777.7	+0.070%	$15.4M	$42.8M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.9	−0.171%	$178.1M	$791.8M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,772.8	−0.103%	$161.3M	$97.1M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,776.2	+0.018%	$21.4M	$57.7M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,777.6	+0.070%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,778.6	+0.104%	$10.8M	$7.8M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,777.7	+0.071%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,779.5	+0.137%	$42.8M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,775.6	−0.003%	$973K	$14.2M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,777.1	+0.050%	$55.3M	$228.6M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,777.2	+0.054%	$1.08B	$1.32B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	2,776.7	+0.035%	$31.4M	$76.0M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,778.9	+0.113%	$60.3M	$4.63B	50x	as long as short
Deribit ETH-PERPETUAL	+0.0121%	1h	2,778.9	+0.115%	$258.5M	$224.9M	50x	as long as short
Kalshi KXETHPERP	+0.0121%	8h	2,777.6	+0.068%	$8.6M	$673.1M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0133%	8h	2,780	+0.154%	$32.6M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0167%	8h	2,776.3	+0.020%	$285.2M	$195.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0183%	1h	2,777.5	+0.064%	$7.4M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,778.4	+0.099%	$87.0M	$330.7M	100x	as long as short
Hibachi ETH/USDT-P	+0.0440%	1h	2,779.2	+0.126%	$284K	$1.5M	20x	as long as short