Funding you earn now, next payment 10:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.09 per $10,000 · paid last 24h −0.011%
Price spread now: Aftermath Perps against Reya−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.041% cheaper against Reya than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ETHRUSDPERP | 2,742.5 | 0.0160 | pay 0.0020% / 1h | 18m 15s | $7.3M | $870K | 25x |
| Short | Aftermath Perps ETHUSD | 2,741.4 | 0.0092 | get 0.0012% / 1h | 18m 15s | $30K | $8K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.32
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$33.41
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Reya and Aftermath Perps: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi ETH/USDT-P | −0.0096% | 1h | 2,741.1 | −0.054% | $235K | $1.3M | 20x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,740.3 | −0.082% | $5K | $1K | 50x | as long as short |
| ApeX Omni ETHUSDT | −0.0044% | 1h | 2,742.6 | +0.003% | $8.3M | $27.2M | 100x | as long as short |
| Bybit ETHUSDT | −0.0028% | 8h | 2,743.1 | +0.021% | $2.36B | $3.90B | 150x | as long as short |
| Phoenix ETH | −0.0023% | 1h | 2,742.8 | +0.009% | $806K | $2.9M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,740.9 | −0.060% | $12.0M | — | 200x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,742.2 | −0.013% | $7.0M | $661.9M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,742.6 | +0.003% | $269K | $5.1M | 8.3x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,740.7 | −0.068% | $33.1M | — | 200x | as long as short |
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,743.6 | +0.038% | $195K | $934K | 50x | as long as short |
Show all 54 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ETH-USD | +0.0054% | 1h | 2,743.2 | +0.024% | $14.8M | $42.9M | 50x | as long as short |
| Gate ETH_USDT | +0.0061% | 8h | 2,743.4 | +0.030% | $3.27B | $7.87B | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0067% | 8h | 2,743.2 | +0.024% | $1.67B | $9.48B | 100x | as long as short |
| Aster ETHUSDT | +0.0073% | 8h | 2,743.2 | +0.025% | $256.2M | $736.0M | 200x | as long as short |
| MEXC ETH_USDT | +0.0079% | 8h | 2,743.5 | +0.034% | $1.59B | $2.52B | 500x | as long as short |
| Binance ETHUSDT | +0.0079% | 8h | 2,743.3 | +0.028% | $6.39B | $14.47B | 150x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0080% | 1h | 2,744.4 | +0.068% | $82.1M | $279.8M | 100x | as long as short |
| Aevo ETH-PERP | +0.0080% | 1h | 2,742.4 | −0.005% | $4.9M | $210K | 20x | as long as short |
| KuCoin ETHUSDTM | +0.0084% | 8h | 2,743.4 | +0.032% | $366.2M | $457.8M | 100x | as long as short |
| Aftermath Perps ETHUSDshort | +0.0092% | 1h | 2,741.4 | −0.041% | $30K | $8K | 20x | |
| Lighter ETH | +0.0096% | 1h | 2,743.6 | +0.040% | $114.0M | $390.2M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,745 | +0.091% | $23.7M | $98.7M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,741.5 | −0.038% | — | $23.7M | 500x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,742.2 | −0.013% | $506K | $3.5M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,741.2 | −0.049% | $14.5M | $97.1M | 50x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,742.5 | −0.002% | $32.1M | $324.1M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,741.4 | −0.042% | $2.8M | $14.2M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,743.4 | +0.032% | $1.5M | $14.5M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,740.6 | −0.070% | $163.1M | $330.7M | 25x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,744.4 | +0.066% | $2.11B | $2.37B | 150x | as long as short |
| BingX ETH-USDC | +0.0100% | 8h | 2,742.4 | −0.005% | — | $18.5M | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,740.4 | −0.080% | $14.9M | $37.0M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,740.5 | −0.076% | $132.1M | $302.2M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,742.4 | −0.006% | $186.1M | $633.6M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,740.4 | −0.079% | $159.3M | $73.0M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,742.7 | +0.006% | $21.1M | $72.7M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,744.5 | +0.071% | — | $346K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,744.9 | +0.086% | $11.3M | $8.7M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,743.4 | +0.031% | $177K | $1.7M | 20x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,741.5 | −0.037% | $945K | $9.1M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,743.8 | +0.046% | $61.8M | $121.8M | 40x | as long as short |
| HTX ETH-USDT | +0.0100% | 8h | 2,743.8 | +0.045% | $1.05B | $1.09B | 200x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,743.4 | +0.030% | $263.9M | $57.6M | 150x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,742.9 | +0.011% | $30.4M | $66.1M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,744.9 | +0.084% | $45.6M | $3.93B | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0114% | 1h | 2,744.9 | +0.084% | $267.3M | $192.4M | 50x | as long as short |
| Hyperliquid ETH | +0.0131% | 1h | 2,746.7 | +0.151% | $3.16B | $1.78B | 25x | as long as short |
| Reya ETHRUSDPERPlong | +0.0160% | 1h | 2,742.5 | long leg | $7.3M | $870K | 25x | |
| RISEx ETH/USDC | +0.0167% | 1h | 2,743.7 | +0.042% | $5.6M | $10.7M | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0175% | 8h | 2,745.3 | +0.100% | $32.4M | $10.1M | 100x | as long as short |
| BloFin ETH-USDT | +0.0190% | 8h | 2,740.7 | −0.066% | $282.2M | $156.7M | 150x | as long as short |
| Injective ETH/USDC PERP | +0.0308% | 1h | 2,747.3 | +0.173% | $118K | $23.9M | 52x | as long as short |
| Paradex ETH-USD-PERP | +0.0314% | 8h | 2,745.9 | +0.122% | $15.8M | $6.5M | 50x | as long as short |
| Bluefin ETH-PERP | +0.1013% | 1h | 2,743.5 | +0.034% | $20K | $15K | 25x | as long as short |
Aftermath Perps ETHUSD
ApeX Omni ETHUSDT
Bybit ETHUSDT
Phoenix ETH
GMX ETH/USD [ETH-USDC]
Kalshi KXETHPERP
gTrade (Gains Network) ETH/USD
01 Exchange ETHUSD
Gate ETH_USDT
OKX ETH-USDT-SWAP
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Kraken Futures PF_ETHUSD
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Pacifica ETH
Bulk ETH-USD
Bitget ETHUSDT
BingX ETH-USDC
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
SunX ETH-USDT
SoDEX ETH-USD
HTX ETH-USDT
Phemex ETHUSDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Deribit ETH-PERPETUAL
Hyperliquid ETH
RISEx ETH/USDC
BloFin ETH-USDT
Injective ETH/USDC PERP
Paradex ETH-USD-PERP
Bluefin ETH-PERP