ETH

Alert

Funding spread now, next payment 16:18 UTC−0.0543%/8h

paid, last 24h+0.011%paid, last 7 days+0.083%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 0.083% in total (about 4.3% 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	Lighter RH ETH	2,759.6	0.0096	pay 0.0012% / 1h	13m 32s	$25.3M	$119.2M	50x
Short	Perpl ETH	2,758.1	−0.0447	pay 0.0040% / 43m	42m 32s	$431K	$6.2M	8.3x

Funding history

latest

Range statsloading…

Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee PerplbpOrdersRate

Funding earned: −$113.93
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$127.73
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 2 min ago; Perpl: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.056%
Avg gap 7d: −0.004%

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 Lighter RH live order book, 2 min ago	0.63 bp	0.6 bp −$1	1.3 bp −$13	7.4 bp −$737	62.2 bp −$31.1K
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
Perpl ETHshort	−0.0447%	43m	$431K	$6.2M	8.3x
Hotstuff ETH-PERP	−0.0080%	1h	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0054%	1h	$118K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0013% / S +0.0045%	1h	$11.8M	—	200x	as long as short
HTX ETH-USDT	−0.0006%	8h	$1.09B	$1.19B	200x	as long as short
dYdX ETH-USD	+0.0001%	1h	$16.1M	$34.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	$22.3M	—	200x	as long as short
Deribit ETH-PERPETUAL	+0.0011%	1h	$259.4M	$208.8M	50x	as long as short
OKX ETH-USDT-SWAP	+0.0013%	8h	$1.72B	$11.11B	100x	as long as short
SoDEX ETH-USD	+0.0030%	1h	$55.6M	$161.9M	40x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phoenix ETH	+0.0035%	1h	$1.4M	$2.4M	25x	as long as short
01 Exchange ETHUSD	+0.0040%	1h	$180K	$1.2M	50x	as long as short
SunX ETH-USDT	+0.0041%	8h	$950K	$14.5M	100x	as long as short
Bulk ETH-USD	+0.0056%	1h	$160.5M	$277.4M	25x	as long as short
MEXC ETH_USDT	+0.0070%	8h	$1.52B	$2.51B	500x	as long as short
Binance ETHUSDT	+0.0070%	8h	$6.56B	$15.83B	150x	as long as short
Aevo ETH-PERP	+0.0072%	1h	$5.0M	$718K	20x	as long as short
Bitget ETHUSDT	+0.0079%	8h	$2.11B	$3.09B	150x	as long as short
ApeX Omni ETHUSDT	+0.0083%	1h	$8.1M	$27.9M	100x	as long as short
Lighter ETH	+0.0096%	1h	$116.5M	$503.9M	50x	as long as short
Lighter RH ETHlong	+0.0096%	1h	$25.3M	$119.2M	50x
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	—	$43.9M	500x	as long as short
Phemex ETHUSDT	+0.0098%	8h	$265.8M	$66.5M	150x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	$15.0M	$11.6M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	$464K	$2.1M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	$18.0M	$110.8M	50x	as long as short
Aster ETHUSDT	+0.0100%	8h	$274.6M	$876.9M	200x	as long as short
Pacifica ETH	+0.0100%	1h	$31.3M	$223.9M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	$2.53B	$4.38B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	$2.9M	$14.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	$2.6M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	$3.45B	$9.00B	200x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	$426.5M	$678.4M	100x	as long as short
BingX ETH-USDT	+0.0100%	8h	—	$1.11B	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	$15.3M	$39.3M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	$144.9M	$312.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	$178.9M	$767.3M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	$21.2M	$51.4M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	$10.7M	$5.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	$200K	$1.8M	20x	as long as short
Derive ETH-PERP	+0.0100%	1h	$42.8M	$29.5M	15x	as long as short
Extended ETH-USD	+0.0104%	1h	$31.9M	$75.7M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	$59.7M	$4.68B	50x	as long as short
RISEx ETH/USDC	+0.0122%	1h	$5.8M	$12.7M	25x	as long as short
Hibachi ETH/USDT-P	+0.0128%	1h	$283K	$1.4M	20x	as long as short
Kalshi KXETHPERP	+0.0139%	8h	$10.3M	$567.9M	4.9x	as long as short
Reya ETHRUSDPERP	+0.0177%	1h	$7.4M	$957K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0182%	8h	$32.4M	$10.8M	100x	as long as short
BloFin ETH-USDT	+0.0190%	8h	$295.5M	$173.9M	150x	as long as short
Kraken Futures PF_ETHUSD	+0.0262%	1h	$85.0M	$317.8M	100x	as long as short
Aftermath Perps ETHUSD	+0.0310%	1h	$29K	$20K	20x	as long as short
Hyperliquid ETH	+0.0427%	1h	$3.30B	$2.13B	25x	as long as short
Bluefin ETH-PERP	+0.1886%	1h	$21K	$26K	25x	as long as short