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ETH

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC+0.0065%/8h
next payment, per $10,000+$0.08paid, last 24h+0.006%paid, last 7 days−0.005%to open and close $10k−$18
Long on PhoenixShort on Polymarket Perps
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ETH2,765.10.0035pay 0.0004% / 1h22m 14s$1.4M$2.4M25x
ShortPolymarket Perps ETH-USD2,758.80.0100get 0.0013% / 1h22m 14s$10.7M$5.5M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$13.69
Slippage, 4 orders
−$3.25
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$4.56
Break-even
9.3 days
Slippage from Phoenix: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.228%
Avg gap 7d
−0.088%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 3 min ago0.18 bp4.0 bp −$47.3 bp −$7320.3 bp −$2,027doesn't fit
Sell Polymarket Perps live order book, 3 min ago1.09 bp5.1 bp −$56.1 bp −$619.2 bp −$919doesn't fit

ETH on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl ETH−0.0447%43m$462K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0054%1h$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0013% / S +0.0045%1h$11.8M—200xas long as short
dYdX ETH-USD+0.0001%1h$16.1M$34.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h$22.3M—200xas long as short
HTX ETH-USDT+0.0008%8h$1.09B$1.20B200xas long as short
BingX ETH-USDT+0.0010%8h—$1.11B—as long as short
OKX ETH-USDT-SWAP+0.0014%8h$1.72B$11.22B100xas long as short
SoDEX ETH-USD+0.0018%1h$55.7M$162.0M40xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SunX ETH-USDT+0.0028%8h$950K$14.6M100xas long as short
Phoenix ETHlong+0.0035%1h$1.4M$2.4M25x
01 Exchange ETHUSD+0.0048%1h$180K$1.2M50xas long as short
Bulk ETH-USD+0.0061%1h$159.6M$276.9M25xas long as short
Binance ETHUSDT+0.0070%8h$6.57B$15.94B150xas long as short
MEXC ETH_USDT+0.0072%8h$1.52B$2.48B500xas long as short
Aevo ETH-PERP+0.0072%1h$5.0M$723K20xas long as short
Bitget ETHUSDT+0.0079%8h$2.11B$3.14B150xas long as short
Phemex ETHUSDT+0.0085%8h$265.9M$66.8M150xas long as short
Deribit ETH-PERPETUAL+0.0091%1h$259.5M$211.8M50xas long as short
Lighter ETH+0.0096%1h$116.5M$500.3M50xas long as short
Lighter RH ETH+0.0096%1h$25.3M$118.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h—$44.2M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h$15.0M$11.7M50xas long as short
Katana Perps ETH-USD+0.0100%8h$470K$2.1M50xas long as short
Nado ETH-PERP+0.0100%1h$18.0M$111.5M50xas long as short
Aster ETHUSDT+0.0100%8h$277.4M$890.7M200xas long as short
Pacifica ETH+0.0100%1h$31.3M$221.5M50xas long as short
Bybit ETHUSDT+0.0100%8h$2.53B$4.45B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h$3.0M$14.9M25xas long as short
Arcus ETH-USD+0.0100%1h$2.7M$16.1M25xas long as short
Gate ETH_USDT+0.0100%8h$3.46B$8.93B200xas long as short
KuCoin ETHUSDTM+0.0100%8h$422.4M$692.3M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h$15.3M$39.4M50xas long as short
Variational Omni ETH+0.0100%8h$145.9M$312.0M—as long as short
edgeX ETHUSDC+0.0100%4h$179.0M$762.7M100xas long as short
ApeX Omni ETHUSDT+0.0100%1h$8.1M$28.0M100xas long as short
StandX ETH-USD+0.0100%1h$21.2M$51.1M40xas long as short
Polymarket Perps ETH-USDshort+0.0100%1h$10.7M$5.5M50x
Bullet ETH-USD+0.0100%1h$199K$1.8M20xas long as short
Derive ETH-PERP+0.0100%1h$42.8M$29.6M15xas long as short
Vest ETH-PERP+0.0100%1h—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h$31.7M$78.2M50xas long as short
Hibachi ETH/USDT-P+0.0112%1h$283K$1.4M20xas long as short
Coinbase International ETH-PERP-INTX+0.0120%1h$59.9M$4.72B50xas long as short
RISEx ETH/USDC+0.0122%1h$5.8M$13.0M25xas long as short
Kalshi KXETHPERP+0.0134%8h$10.2M$563.6M4.9xas long as short
Reya ETHRUSDPERP+0.0174%1h$7.4M$958K25xas long as short
Orderly PERP_ETH_USDC+0.0185%8h$32.4M$10.8M100xas long as short
BloFin ETH-USDT+0.0193%8h$292.3M$176.4M150xas long as short
Kraken Futures PF_ETHUSD+0.0262%1h$85.8M$315.9M100xas long as short
Aftermath Perps ETHUSD+0.0293%1h$29K$22K20xas long as short
Hyperliquid ETH+0.0462%1h$3.30B$2.12B25xas long as short
Bluefin ETH-PERP+0.2399%1h$21K$26K25xas long as short