ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Aevo against Polymarket Perps−0.163%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on Polymarket Perps Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.163%, 7d avg −0.074%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.088% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ETH-USD	2,738.8	0.0100	pay 0.0013% / 1h	50m 15s	$11.2M	$9.3M	50x
Short	Aevo ETH-PERP	2,734.3	0.0096	get 0.0012% / 1h	50m 15s	$4.9M	$155K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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 Polymarket PerpsbpFee AevobpOrdersPrice spread, now −0.163%Rate

Funding earned: −$0.84
Price spread: −0.163% → −0.074%: −$8.85
Slippage, 4 orders: −$69.69
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$103.38
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Aevo: live order book, 4 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 Polymarket Perps live order book, 4 min ago	0.18 bp	4.6 bp −$5	5.8 bp −$58	12.2 bp −$1,215	doesn't fit
Sell Aevo live order book, 4 min ago	33.22 bp	42.6 bp −$43	53.2 bp −$532	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	−0.0447%	43m	2,737.7	−0.039%	$297K	$5.6M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,739.3	+0.018%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,737.4	−0.051%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,740.2	+0.051%	$819K	$2.9M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,738.3	−0.017%	$10.8M	$42.0M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,739.9	+0.040%	$6.7M	$681.4M	4.9x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,737.6	−0.045%	$28.1M	—	200x	as long as short
HTX ETH-USDT	+0.0018%	8h	2,736.9	−0.069%	$1.06B	$1.20B	200x	as long as short
Bullet ETH-USD	+0.0038%	1h	2,737	−0.066%	$179K	$1.7M	20x	as long as short
BingX ETH-USDT	+0.0039%	8h	2,736.8	−0.075%	—	$1.15B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ETH-PERPETUAL	+0.0042%	1h	2,738	−0.029%	$259.5M	$199.9M	50x	as long as short
Bybit ETHUSDT	+0.0044%	8h	2,736.4	−0.086%	$2.37B	$4.37B	150x	as long as short
01 Exchange ETHUSD	+0.0048%	1h	2,738	−0.029%	$187K	$816K	50x	as long as short
KuCoin ETHUSDTM	+0.0069%	8h	2,737.1	−0.062%	$380.2M	$574.5M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0074%	8h	2,736.7	−0.076%	$1.67B	$10.75B	100x	as long as short
Phemex ETHUSDT	+0.0082%	8h	2,737.8	−0.036%	$265.6M	$65.2M	150x	as long as short
Aster ETHUSDT	+0.0090%	8h	2,737.4	−0.053%	$251.1M	$842.8M	200x	as long as short
SoDEX ETH-USD	+0.0094%	1h	2,736.8	−0.073%	$54.5M	$187.7M	40x	as long as short
Lighter ETH	+0.0096%	1h	2,738	−0.029%	$113.1M	$430.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,739.1	+0.010%	$23.5M	$103.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,738.5	−0.011%	—	$31.0M	500x	as long as short
Aevo ETH-PERPshort	+0.0096%	1h	2,734.3	−0.163%	$4.9M	$155K	20x
Injective ETH/USDC PERP	+0.0096%	1h	2,740.3	+0.055%	$118K	$22.5M	52x	as long as short
MEXC ETH_USDT	+0.0098%	8h	2,737	−0.065%	$1.55B	$2.54B	500x	as long as short
Binance ETHUSDT	+0.0098%	8h	2,736.9	−0.069%	$6.36B	$15.90B	150x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,742.1	+0.119%	$15.7M	$8.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,737.3	−0.055%	$504K	$3.3M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,737	−0.064%	$13.7M	$104.4M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,739.2	+0.015%	$3.11B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,738.7	−0.004%	$31.9M	$334.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,737.1	−0.062%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,737.9	−0.035%	$1.5M	$15.9M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,739.7	+0.032%	$171.0M	$325.1M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,737.1	−0.063%	$3.34B	$8.85B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,736.8	−0.072%	$2.07B	$2.73B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,737.7	−0.039%	$15.2M	$40.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,738.5	−0.011%	$133.8M	$322.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,738.5	−0.011%	$184.2M	$670.5M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,740.6	+0.067%	$159.4M	$86.8M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,739.5	+0.024%	$8.7M	$31.3M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,740	+0.044%	$21.1M	$68.6M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,738.6	−0.007%	—	$844K	50x	as long as short
Polymarket Perps ETH-USDlong	+0.0100%	1h	2,738.8	long leg	$11.2M	$9.3M	50x
Bluefin ETH-PERP	+0.0100%	1h	2,737.9	−0.032%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,738.9	+0.004%	$41.3M	$29.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,735.8	−0.110%	$959K	$11.3M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,735.8	−0.109%	$30.6M	$72.9M	50x	as long as short
RISEx ETH/USDC	+0.0107%	1h	2,738	−0.029%	$5.7M	$11.7M	25x	as long as short
Aftermath Perps ETHUSD	+0.0107%	1h	2,739	+0.007%	$30K	$20K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	2,738	−0.029%	$51.1M	$4.28B	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0153%	1h	2,737.9	−0.034%	$83.7M	$314.8M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0200%	8h	2,738.9	+0.004%	$32.2M	$11.7M	100x	as long as short
Reya ETHRUSDPERP	+0.0214%	1h	2,736.4	−0.088%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0280%	1h	2,740.6	+0.065%	$246K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0394%	8h	2,737.6	−0.045%	$282.9M	$175.7M	150x	as long as short