Funding you earn now, next payment 09:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.006%
Price spread now: Binance against Jupiter Perps−0.014%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.014%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Jupiter Perps ETH-PERP | 2,728.3 | L +0.0096% / S +0.0056% | pay 0.0012% / 1h | 54m 05s | — | $30.5M | 500x |
| Short | Binance ETHUSDT | 2,727.9 | 0.0095 | get 0.0095% / 8h | 7h 54m | $6.31B | $16.08B | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Jupiter Perps. 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
- −$0.11
- Price spread: −0.014% → −0.015%
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.08
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Binance: live order book, 5 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 Jupiter Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 6.2 bp −$618 | 8.8 bp −$4,393 |
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 | −0.0447% | 43m | 2,729.3 | +0.038% | $276K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,728.4 | +0.004% | $5K | $1K | 50x | as long as short |
| Phoenix ETH | −0.0015% | 1h | 2,728.7 | +0.015% | $805K | $3.0M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,728.3 | +0.001% | $11.9M | — | 200x | as long as short |
| Phemex ETHUSDT | −0.0004% | 8h | 2,727.4 | −0.032% | $262.8M | $64.0M | 150x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,730.3 | +0.076% | $10.5M | $41.8M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,729.1 | +0.030% | $6.7M | $672.5M | 4.9x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,728.2 | −0.002% | $264.5M | $219.5M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,727.8 | −0.019% | $32.9M | — | 200x | as long as short |
| Gate ETH_USDT | +0.0043% | 8h | 2,727.5 | −0.029% | $3.30B | $8.20B | 200x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0049% | 8h | 2,727.6 | −0.025% | $2.32B | $4.32B | 150x | as long as short |
| HTX ETH-USDT | +0.0053% | 8h | 2,727 | −0.046% | $1.05B | $1.22B | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0079% | 8h | 2,727.6 | −0.025% | $1.65B | $10.73B | 100x | as long as short |
| 01 Exchange ETHUSD | +0.0080% | 1h | 2,729.9 | +0.059% | $191K | $884K | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0083% | 8h | 2,727.5 | −0.029% | $383.6M | $576.4M | 100x | as long as short |
| Aster ETHUSDT | +0.0086% | 8h | 2,728.1 | −0.008% | $252.1M | $849.3M | 200x | as long as short |
| Hibachi ETH/USDT-P | +0.0088% | 1h | 2,727.2 | −0.041% | $242K | $1.4M | 20x | as long as short |
| ApeX Omni ETHUSDT | +0.0089% | 1h | 2,726.3 | −0.072% | $8.4M | $31.2M | 100x | as long as short |
| SunX ETH-USDT | +0.0089% | 8h | 2,727.3 | −0.035% | $954K | $10.7M | 100x | as long as short |
| MEXC ETH_USDT | +0.0095% | 8h | 2,727.6 | −0.024% | $1.56B | $2.54B | 500x | as long as short |
| Binance ETHUSDTshort | +0.0095% | 8h | 2,727.9 | −0.014% | $6.31B | $16.08B | 150x | |
| Lighter ETH | +0.0096% | 1h | 2,727.9 | −0.015% | $112.1M | $400.3M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,729.3 | +0.037% | $23.6M | $95.5M | 50x | as long as short |
| Jupiter Perps ETH-PERPlong | L +0.0096% / S +0.0056% | 1h | 2,728.3 | long leg | — | $30.5M | 500x | |
| Aevo ETH-PERP | +0.0096% | 1h | 2,725.9 | −0.086% | $4.9M | $193K | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,728.4 | +0.004% | $500K | $3.6M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,731.5 | +0.118% | $15.4M | $7.4M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,728 | −0.012% | $14.1M | $103.0M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,729.5 | +0.045% | $3.10B | $2.03B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,729.5 | +0.045% | $32.1M | $332.5M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,728.4 | +0.004% | $2.7M | $16.6M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,728.9 | +0.021% | $1.6M | $16.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,727.1 | −0.043% | $161.7M | $337.0M | 25x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,727.7 | −0.022% | $2.10B | $2.76B | 150x | as long as short |
| BingX ETH-USDC | +0.0100% | 8h | 2,726.5 | −0.065% | — | $18.7M | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,727.6 | −0.024% | $15.2M | $40.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,727.3 | −0.035% | $131.3M | $315.9M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,728.4 | +0.005% | $185.6M | $683.6M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,725.7 | −0.096% | $158.4M | $81.2M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,729.3 | +0.037% | $21.0M | $70.3M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,730.2 | +0.071% | — | $441K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,730 | +0.063% | $11.2M | $9.4M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,728.5 | +0.008% | $179K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,728.3 | 0.000% | $20K | $23K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,731.7 | +0.124% | $40.6M | $29.2M | 15x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,727.4 | −0.032% | $54.3M | $182.6M | 40x | as long as short |
| Aftermath Perps ETHUSD | +0.0102% | 1h | 2,727.2 | −0.038% | $30K | $20K | 20x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,726.8 | −0.055% | $30.4M | $71.2M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0105% | 1h | 2,727.9 | −0.014% | $81.9M | $310.5M | 100x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,728.4 | +0.004% | $46.6M | $4.24B | 50x | as long as short |
| RISEx ETH/USDC | +0.0137% | 1h | 2,729.2 | +0.035% | $5.6M | $11.6M | 25x | as long as short |
| BloFin ETH-USDT | +0.0144% | 8h | 2,726.8 | −0.055% | $282.7M | $177.5M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0175% | 1h | 2,727.9 | −0.015% | $7.3M | $972K | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0187% | 8h | 2,730 | +0.064% | $32.2M | $11.3M | 100x | as long as short |
| Injective ETH/USDC PERP | +0.0253% | 1h | 2,725.2 | −0.113% | $117K | $19.3M | 52x | as long as short |
Binance ETHUSDT
Phoenix ETH
GMX ETH/USD [ETH-USDC]
Phemex ETHUSDT
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
Gate ETH_USDT
Bybit ETHUSDT
HTX ETH-USDT
OKX ETH-USDT-SWAP
01 Exchange ETHUSD
KuCoin ETHUSDTM
Aster ETHUSDT
ApeX Omni ETHUSDT
SunX ETH-USDT
MEXC ETH_USDT
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Bitget ETHUSDT
BingX ETH-USDC
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SoDEX ETH-USD
Aftermath Perps ETHUSD
Extended ETH-USD
Kraken Futures PF_ETHUSD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
BloFin ETH-USDT
Injective ETH/USDC PERP