ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.040%

Price spread now: 01 Exchange against Reya+0.065%7-day average +0.024% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.111%−$11 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.065%, 7d avg +0.024%

Together, before fees−0.144%+ Points / potential airdropReya: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. 01 Exchange is 0.041% dearer against Reya than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.024%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ETHRUSDPERP	2,728.7	0.0173	pay 0.0022% / 1h	40m 46s	$7.3M	$972K	25x
Short	01 Exchange ETHUSD	2,730.5	0.0048	get 0.0006% / 1h	40m 46s	$191K	$883K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Reya. 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 ReyabpFee 01 ExchangebpOrdersPrice spread, now +0.065%Rate

Funding earned: −$26.33
Price spread: +0.065% → +0.024%: $4.15
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$35.18
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 01 Exchange: live order book, 58 min ago. 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 01 Exchange live order book, 58 min ago	0.18 bp	6.8 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

Reya: 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 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
BloFin ETH-USDT	−0.0179%	8h	2,729.2	+0.019%	$280.4M	$177.6M	150x	as long as short
Perpl ETH	−0.0112%	43m	2,730.9	+0.080%	$277K	$5.7M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,731.3	+0.095%	$5K	$1K	50x	as long as short
HTX ETH-USDT	−0.0072%	8h	2,729.2	+0.019%	$1.05B	$1.21B	200x	as long as short
Bybit ETHUSDT	−0.0037%	8h	2,730.2	+0.053%	$2.32B	$4.30B	150x	as long as short
Phemex ETHUSDT	−0.0016%	8h	2,729.2	+0.017%	$263.0M	$63.8M	150x	as long as short
Phoenix ETH	−0.0012%	1h	2,733	+0.157%	$807K	$3.0M	25x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,732.4	+0.134%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,731.2	+0.090%	$10.6M	$41.9M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,730.2	+0.054%	$6.7M	$671.4M	4.9x	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	0.0000%	1h	2,730.2	+0.053%	$264.6M	$218.8M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,729.9	+0.042%	$32.9M	—	200x	as long as short
SunX ETH-USDT	+0.0031%	8h	2,729.4	+0.024%	$940K	$10.7M	100x	as long as short
01 Exchange ETHUSDshort	+0.0048%	1h	2,730.5	+0.065%	$191K	$883K	50x
Gate ETH_USDT	+0.0051%	8h	2,730.8	+0.077%	$3.28B	$8.24B	200x	as long as short
SoDEX ETH-USD	+0.0054%	1h	2,729.2	+0.018%	$54.4M	$182.5M	40x	as long as short
Hibachi ETH/USDT-P	+0.0064%	1h	2,732.8	+0.151%	$237K	$1.4M	20x	as long as short
OKX ETH-USDT-SWAP	+0.0078%	8h	2,730.2	+0.053%	$1.65B	$10.73B	100x	as long as short
ApeX Omni ETHUSDT	+0.0078%	1h	2,730.8	+0.078%	$8.4M	$31.2M	100x	as long as short
Aster ETHUSDT	+0.0081%	8h	2,729.9	+0.045%	$252.6M	$849.1M	200x	as long as short
KuCoin ETHUSDTM	+0.0084%	8h	2,730.4	+0.062%	$383.2M	$575.9M	100x	as long as short
Binance ETHUSDT	+0.0091%	8h	2,730.1	+0.052%	$6.32B	$16.05B	150x	as long as short
MEXC ETH_USDT	+0.0092%	8h	2,730.8	+0.078%	$1.57B	$2.55B	500x	as long as short
Lighter ETH	+0.0096%	1h	2,731	+0.083%	$112.5M	$401.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,732	+0.122%	$23.7M	$95.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,731.1	+0.089%	—	$30.4M	500x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,726.9	−0.065%	$4.9M	$195K	20x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,729.5	+0.029%	$177K	$1.7M	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,729.9	+0.043%	$499K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,733.3	+0.168%	$15.4M	$7.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,729.7	+0.035%	$14.2M	$100.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,732.9	+0.153%	$3.11B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,731.4	+0.098%	$32.0M	$332.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,728.8	+0.003%	$2.7M	$16.5M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,730.3	+0.056%	$1.6M	$15.8M	25x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,730.7	+0.074%	$2.11B	$2.75B	150x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,730.1	+0.050%	—	$18.7M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,729.8	+0.039%	$15.2M	$39.9M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,728.7	0.000%	$131.4M	$316.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,731.1	+0.088%	$185.8M	$686.3M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,730.9	+0.081%	$158.8M	$79.8M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,732.5	+0.139%	$21.0M	$70.8M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,731.5	+0.103%	—	$441K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,730.5	+0.065%	$11.2M	$9.3M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,731.1	+0.086%	$40.6M	$29.2M	15x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,730.8	+0.077%	$162.8M	$334.7M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,730	+0.048%	$30.5M	$71.2M	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0105%	1h	2,730.1	+0.050%	$81.9M	$309.8M	100x	as long as short
Aftermath Perps ETHUSD	+0.0112%	1h	2,731.2	+0.092%	$30K	$20K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	2,730.5	+0.065%	$46.3M	$4.24B	50x	as long as short
RISEx ETH/USDC	+0.0137%	1h	2,730.6	+0.071%	$5.7M	$11.4M	25x	as long as short
Reya ETHRUSDPERPlong	+0.0173%	1h	2,728.7	long leg	$7.3M	$972K	25x
Orderly PERP_ETH_USDC	+0.0185%	8h	2,731.8	+0.111%	$32.2M	$11.3M	100x	as long as short
Injective ETH/USDC PERP	+0.0253%	1h	2,730	+0.047%	$117K	$20.2M	52x	as long as short
Bluefin ETH-PERP	+0.2783%	1h	2,730.4	+0.063%	$20K	$23K	25x	as long as short