ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0111%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.001%

Price spread now: RISEx against Pacifica−0.007%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$150.152% of the position

Long on Pacifica Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.020%+$2 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.007%, 7d avg 0.000%

Together, before fees+0.054%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ETH	2,770	0.0100	pay 0.0013% / 1h	4m 19s	$31.2M	$291.4M	50x
Short	RISEx ETH/USDC	2,769.8	−0.0011	pay 0.0001% / 1h	4m 19s	$5.7M	$12.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Pacifica. 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 PacificabpFee RISExbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$23.21
Price spread: −0.007% → 0.000%: −$0.78
Slippage, 4 orders: −$1.2
Fee Pacifica: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$39.2
Costs to cover: 0.152%
Break-even: never at this rate

Slippage from Pacifica: live order book, 5 min ago; RISEx: live order book, 5 min ago.

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 Pacifica live order book, 5 min ago	0.18 bp	4.2 bp −$4	4.3 bp −$43	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	0.02 bp	3.7 bp −$4	4.9 bp −$49	doesn't fit	doesn't fit

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	2,769.3	−0.026%	$289K	$6.9M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,776.2	+0.224%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,769.7	−0.011%	$5K	$2K	50x	as long as short
01 Exchange ETHUSD	−0.0048%	1h	2,769.6	−0.014%	$171K	$1.2M	50x	as long as short
Phoenix ETH	−0.0023%	1h	2,770.9	+0.032%	$884K	$3.7M	25x	as long as short
RISEx ETH/USDCshort	−0.0011%	1h	2,769.8	−0.007%	$5.7M	$12.0M	25x
dYdX ETH-USD	0.0000%	1h	2,770.4	+0.013%	$12.7M	$45.5M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,770.1	+0.004%	$22.4M	—	200x	as long as short
Aftermath Perps ETHUSD	+0.0007%	1h	2,772.1	+0.077%	$29K	$22K	20x	as long as short
BingX ETH-USDT	+0.0018%	8h	2,769.2	−0.029%	—	$1.18B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0022%	8h	2,769.6	−0.013%	$1.71B	$11.89B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,770.1	+0.003%	$13.2M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0031%	1h	2,771	+0.037%	$8.7M	$32.6M	100x	as long as short
Phemex ETHUSDT	+0.0032%	8h	2,770.1	+0.003%	$266.8M	$66.0M	150x	as long as short
Aster ETHUSDT	+0.0032%	8h	2,769.6	−0.013%	$256.1M	$995.6M	200x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,767.2	−0.101%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDT	+0.0051%	8h	2,769.2	−0.028%	$1.59B	$2.69B	500x	as long as short
Binance ETHUSDT	+0.0051%	8h	2,769.8	−0.007%	$6.43B	$17.23B	150x	as long as short
Deribit ETH-PERPETUAL	+0.0057%	1h	2,771.2	+0.043%	$258.5M	$225.1M	50x	as long as short
Bullet ETH-USD	+0.0074%	1h	2,769.2	−0.029%	$182K	$1.8M	20x	as long as short
Bitget ETHUSDT	+0.0075%	8h	2,769.1	−0.034%	$2.10B	$3.12B	150x	as long as short
Gate ETH_USDT	+0.0076%	8h	2,769.3	−0.027%	$3.28B	$9.70B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,770.3	+0.010%	$114.6M	$515.8M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,771.6	+0.058%	$25.4M	$123.3M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,770.3	+0.011%	—	$41.8M	500x	as long as short
HTX ETH-USDT	+0.0098%	8h	2,769.2	−0.031%	$1.08B	$1.32B	200x	as long as short
Variational Omni ETH	+0.0098%	8h	2,768.9	−0.038%	$141.0M	$320.9M	—	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,769.2	−0.030%	$15.9M	$10.8M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,769.9	−0.004%	$485K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,769	−0.035%	$14.5M	$118.4M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,771.3	+0.047%	$3.19B	$2.40B	25x	as long as short
Pacifica ETHlong	+0.0100%	1h	2,770	long leg	$31.2M	$291.4M	50x
Bybit ETHUSDT	+0.0100%	8h	2,769.8	−0.009%	$2.51B	$4.64B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,769.2	−0.029%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,771.4	+0.049%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,770.6	+0.020%	$164.9M	$252.7M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,769.3	−0.027%	$421.9M	$742.1M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,769.8	−0.009%	$15.4M	$42.9M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.8	+0.030%	$179.5M	$782.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,771.4	+0.052%	$161.2M	$97.3M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,770.4	+0.014%	$21.4M	$57.9M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,770.8	+0.029%	$10.8M	$7.8M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,770.4	+0.014%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,771.9	+0.068%	$42.6M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,768.6	−0.051%	$970K	$14.1M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,769.7	−0.011%	$55.1M	$228.6M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,770	+0.001%	—	$1.1M	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,769.2	−0.028%	$31.4M	$75.4M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,771	+0.037%	$59.8M	$4.62B	50x	as long as short
Kalshi KXETHPERP	+0.0109%	8h	2,770.6	+0.022%	$8.5M	$674.0M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0135%	8h	2,772.5	+0.090%	$32.5M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0171%	8h	2,769.2	−0.029%	$285.8M	$195.5M	150x	as long as short
Reya ETHRUSDPERP	+0.0185%	1h	2,769.1	−0.034%	$7.3M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,771	+0.037%	$86.1M	$331.7M	100x	as long as short
Hibachi ETH/USDT-P	+0.0472%	1h	2,771.3	+0.047%	$285K	$1.5M	20x	as long as short