Funding spread now, next payment 16:00 UTC+0.0042%/8h
paid, last 24h+0.002%paid, last 7 days−0.101%to open and close $10k−$19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ETH | 2,765.1 | 0.0035 | pay 0.0004% / 1h | 26m 23s | $1.4M | $2.4M | 25x |
| Short | Binance ETHUSDT | 2,762.8 | 0.0076 | get 0.0076% / 8h | 7h 26m | $6.58B | $15.98B | 150x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $8.73
- Slippage, 4 orders
- −$1.51
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.78
- Break-even
- 14.8 days
Slippage from Phoenix: live order book, 4 min ago; Binance: live order book, 4 min ago.
Price risk
price view- Price gap now
- −0.085%
- Avg gap 7d
- −0.099%
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 Phoenix live order book, 4 min ago | 0.18 bp | 4.3 bp −$4 | 8.0 bp −$80 | 21.3 bp −$2,131 | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.4 bp −$540 | 8.5 bp −$4,230 |
ETH on 54 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | $421K | $6.2M | 8.3x | as long as short |
| 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 |
| Phemex ETHUSDT | −0.0047% | 8h | $266.6M | $66.9M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0013% / S +0.0045% | 1h | $11.8M | — | 200x | as long as short |
| dYdX ETH-USD | +0.0001% | 1h | $16.1M | $34.8M | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0003% | 1h | $259.5M | $214.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | $22.4M | — | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0013% | 8h | $1.73B | $11.27B | 100x | as long as short |
| SoDEX ETH-USD | +0.0024% | 1h | $55.7M | $162.0M | 40x | as long as short |
Phoenix ETH
Binance ETHUSDT
Injective ETH/USDC PERP
Phemex ETHUSDT
GMX ETH/USD [ETH-USDC]
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
OKX ETH-USDT-SWAP
SoDEX ETH-USD
HTX ETH-USDT
Bulk ETH-USD
MEXC ETH_USDT
SunX ETH-USDT
Bitget ETHUSDT
ApeX Omni ETHUSDT
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Aster ETHUSDT
Pacifica ETH
Bybit ETHUSDT
Gate ETH_USDT
KuCoin ETHUSDTM
BingX ETH-USDT
Backpack ETH_USDC_PERP
Variational Omni ETH
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
Derive ETH-PERP
Extended ETH-USD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
BloFin ETH-USDT
Kraken Futures PF_ETHUSD
Hyperliquid ETH
Bluefin ETH-PERP