Funding spread now, next payment 18:00 UTC−0.0023%/8h
next payment, per $10,000−$0.03paid, last 24h−0.004%paid, last 7 days+0.089%to open and close $10k−$9
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ETH | 2,747.9 | 0.0096 | pay 0.0012% / 1h | 31m 50s | $116.0M | $481.6M | 50x |
| Short | Phoenix ETH | 2,749 | 0.0073 | get 0.0009% / 1h | 31m 50s | $1.1M | $2.5M | 25x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$4.85
- Slippage, 4 orders
- −$2.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$14.04
- Break-even
- never at this rate
Slippage from Lighter: live order book, 9 min ago; Phoenix: live order book, 8 min ago.
Price risk
price view- Price gap now
- +0.039%
- Avg gap 7d
- +0.087%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 9 min ago | 0.40 bp | 0.4 bp $0 | 1.0 bp −$10 | 1.8 bp −$177 | 4.3 bp −$2,159 |
| Sell Phoenix live order book, 8 min ago | 0.18 bp | 4.0 bp −$4 | 5.3 bp −$53 | 16.0 bp −$1,602 | doesn't fit |
ETH on 54 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Hotstuff ETH-PERP | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| SoDEX ETH-USD | −0.0018% | 1h | $55.5M | $162.3M | 40x | as long as short |
| ApeX Omni ETHUSDT | −0.0014% | 1h | $8.2M | $28.1M | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0013% / S +0.0045% | 1h | $11.9M | — | 200x | as long as short |
| Bulk ETH-USD | −0.0005% | 1h | $158.7M | $271.5M | 25x | as long as short |
| Injective ETH/USDC PERP | −0.0004% | 1h | $118K | $22.5M | 52x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | $13.1M | $41.5M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | $180K | $1.2M | 50x | as long as short |
| Perpl ETH | 0.0000% | 43m | $292K | $6.3M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | $258.3M | $204.1M | 50x | as long as short |
Lighter ETH
Phoenix ETH
SoDEX ETH-USD
ApeX Omni ETHUSDT
GMX ETH/USD [ETH-USDC]
Bulk ETH-USD
Injective ETH/USDC PERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
OKX ETH-USDT-SWAP
Bullet ETH-USD
Phemex ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Gate ETH_USDT
RISEx ETH/USDC
Bitget ETHUSDT
Aster ETHUSDT
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
KuCoin ETHUSDTM
Backpack ETH_USDC_PERP
Variational Omni ETH
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
HTX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kraken Futures PF_ETHUSD
BloFin ETH-USDT