ETH

Alert

Funding spread now, next payment 15:34 UTC+0.0546%/8h

paid, last 24h−0.013%paid, last 3 days−0.179%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.179% in total (about -19.6% 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	Perpl ETH	2,758.6	−0.0447	get 0.0040% / 43m	7m 30s	$410K	$5.9M	8.3x
Short	Paradex ETH-USD-PERP	2,761.6	0.0100	get 0.0100% / 8h	4m 30s	$14.6M	$11.6M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PerplbpFee ParadexbpOrdersRate

Funding earned: $114.7
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $96.9
Break-even: 1.1 days

Slippage unknown: Perpl: no order-book sample; Paradex: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.112%
Avg gap 7d: +0.034%

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 Perpl no order-book sample	—	—	—	—	—
Sell Paradex live order book, 1 min ago	15.34 bp	17.4 bp −$17	36.4 bp −$364	doesn't fit	doesn't fit

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 ETHlong	−0.0447%	43m	$410K	$5.9M	8.3x
Hotstuff ETH-PERP	−0.0080%	1h	$5K	$2K	50x	as long as short
Gate ETH_USDT	−0.0050%	8h	$3.39B	$9.05B	200x	as long as short
01 Exchange ETHUSD	0.0000%	1h	$180K	$1.2M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	$9.0M	$544.5M	4.9x	as long as short
SoDEX ETH-USD	+0.0002%	1h	$55.7M	$161.7M	40x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	$22.3M	—	200x	as long as short
OKX ETH-USDT-SWAP	+0.0012%	8h	$1.71B	$11.30B	100x	as long as short
ApeX Omni ETHUSDT	+0.0016%	1h	$7.7M	$27.7M	100x	as long as short
Phemex ETHUSDT	+0.0019%	8h	$266.6M	$67.0M	150x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX ETH/USD [ETH-USDC]	L +0.0020% / S +0.0013%	1h	$12.1M	—	200x	as long as short
Bullet ETH-USD	+0.0026%	1h	$193K	$1.9M	20x	as long as short
Phoenix ETH	+0.0050%	1h	$1.4M	$2.4M	25x	as long as short
Bitget ETHUSDT	+0.0064%	8h	$2.12B	$3.16B	150x	as long as short
Injective ETH/USDC PERP	+0.0067%	1h	$119K	$22.5M	52x	as long as short
dYdX ETH-USD	+0.0071%	1h	$16.2M	$33.1M	50x	as long as short
Hibachi ETH/USDT-P	+0.0072%	1h	$293K	$1.3M	20x	as long as short
HTX ETH-USDT	+0.0078%	8h	$1.09B	$1.20B	200x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	$61.1M	$4.82B	50x	as long as short
MEXC ETH_USDT	+0.0093%	8h	$1.52B	$2.52B	500x	as long as short
Binance ETHUSDT	+0.0093%	8h	$6.58B	$15.71B	150x	as long as short
Lighter ETH	+0.0096%	1h	$119.3M	$511.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	$26.0M	$120.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	—	$44.9M	500x	as long as short
Aevo ETH-PERP	+0.0096%	1h	$5.0M	$732K	20x	as long as short
Paradex ETH-USD-PERPshort	+0.0100%	8h	$14.6M	$11.6M	50x
Katana Perps ETH-USD	+0.0100%	8h	$474K	$2.1M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	$18.1M	$113.9M	50x	as long as short
Aster ETHUSDT	+0.0100%	8h	$270.3M	$862.0M	200x	as long as short
Pacifica ETH	+0.0100%	1h	$31.1M	$212.7M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	$2.51B	$4.47B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	$3.1M	$14.4M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	$2.5M	$15.8M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	$154.5M	$270.8M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	$404.6M	$677.8M	100x	as long as short
BingX ETH-USDT	+0.0100%	8h	—	$1.09B	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	$15.2M	$40.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	$154.5M	$303.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	$176.6M	$745.9M	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	—	$1.2M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	$10.8M	$5.4M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	$21K	$26K	25x	as long as short
SunX ETH-USDT	+0.0100%	8h	$952K	$14.8M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	$32.8M	$75.5M	50x	as long as short
Reya ETHRUSDPERP	+0.0163%	1h	$7.3M	$970K	25x	as long as short
RISEx ETH/USDC	+0.0171%	1h	$5.8M	$13.5M	25x	as long as short
Orderly PERP_ETH_USDC	+0.0204%	8h	$32.5M	$10.7M	100x	as long as short
BloFin ETH-USDT	+0.0213%	8h	$294.7M	$181.2M	150x	as long as short
Derive ETH-PERP	+0.0290%	1h	$42.8M	$27.7M	15x	as long as short
Deribit ETH-PERPETUAL	+0.0293%	1h	$259.4M	$217.2M	50x	as long as short
Aftermath Perps ETHUSD	+0.0317%	1h	$29K	$27K	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0347%	1h	$87.4M	$315.2M	100x	as long as short
Hyperliquid ETH	+0.0387%	1h	$3.33B	$2.20B	25x	as long as short