Funding spread now, next payment 15:00 UTC−0.0118%/8h
paid, last 24h−0.029%paid, last 7 days−0.262%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETH_USDC | 2,723.4 | 0.0214 | pay 0.0214% / 8h | 1h 48m | $31.9M | $11.1M | 100x |
| Short | Lighter ETH | 2,721.8 | 0.0096 | get 0.0012% / 1h | 48m 41s | $118.6M | $469.8M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$24.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$30.68
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.061%
- Avg gap 7d
- −0.047%
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 0.33 bp | 0.7 bp −$1 | 1.0 bp −$10 | 1.5 bp −$149 | 5.1 bp −$2,557 |
Orderly: 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 ETH | −0.0335% | 43m | $179K | $5.3M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0112% | 1h | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | $5K | $1K | 50x | as long as short |
| Gate ETH_USDT | −0.0037% | 8h | $3.67B | $8.29B | 200x | as long as short |
| ApeX Omni ETHUSDT | −0.0002% | 1h | $7.6M | $27.3M | 100x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | $4.3M | $477.9M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | $22.1M | — | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0016% / S +0.0014% | 1h | $11.6M | — | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0018% | 8h | $1.71B | $10.57B | 100x | as long as short |
| Backpack ETH_USDC_PERP | +0.0028% | 1h | $15.4M | $38.1M | 50x | as long as short |
Lighter ETH
Injective ETH/USDC PERP
Gate ETH_USDT
ApeX Omni ETHUSDT
gTrade (Gains Network) ETH/USD
GMX ETH/USD [ETH-USDC]
OKX ETH-USDT-SWAP
Backpack ETH_USDC_PERP
Phemex ETHUSDT
Coinbase International ETH-PERP-INTX
Bullet ETH-USD
Phoenix ETH
SoDEX ETH-USD
Bitget ETHUSDT
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Aster ETHUSDT
Pacifica ETH
Binance ETHUSDT
Bybit ETHUSDT
MEXC ETH_USDT
KuCoin ETHUSDTM
BingX ETH-USDT
Variational Omni ETH
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
SunX ETH-USDT
HTX ETH-USDT
Bulk ETH-USD
Extended ETH-USD
BloFin ETH-USDT
Kraken Futures PF_ETHUSD
Hyperliquid ETH
RISEx ETH/USDC
Deribit ETH-PERPETUAL
Derive ETH-PERP