ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%

Price spread now: Aevo against RISEx−0.136%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on RISEx Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.035%−$4 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.136%, 7d avg −0.082%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.054% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.082%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ETH/USDC	2,742.8	0.0206	pay 0.0026% / 1h	7m 55s	$5.7M	$10.4M	25x
Short	Aevo ETH-PERP	2,739.1	0.0088	get 0.0011% / 1h	7m 55s	$4.9M	$244K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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 RISExbpFee AevobpOrdersPrice spread, now −0.136%Rate

Funding earned: −$24.71
Price spread: −0.136% → −0.082%: −$5.38
Slippage, 4 orders: −$14.17
Fee RISEx: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$66.26
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from RISEx: 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 RISEx live order book, 4 min ago	0.02 bp	4.7 bp −$5	5.1 bp −$51	269.2 bp −$26.9K	doesn't fit
Sell Aevo live order book, 4 min ago	2.37 bp	17.9 bp −$18	24.2 bp −$242	36.3 bp −$3,626	doesn't fit

ETH on 55 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
Hotstuff ETH-PERP	−0.0080%	1h	2,749.9	+0.259%	$5K	$1K	50x	as long as short
Hibachi ETH/USDT-P	−0.0080%	1h	2,740.9	−0.071%	$231K	$1.2M	20x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0009% / S +0.0043%	1h	2,740.4	−0.088%	$12.2M	—	200x	as long as short
Phoenix ETH	−0.0009%	1h	2,741.3	−0.054%	$820K	$2.8M	25x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,741.8	−0.036%	$7.2M	$655.0M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,740.4	−0.088%	$277K	$5.0M	8.3x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,741.9	−0.034%	$33.1M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0016%	1h	2,738.1	−0.171%	$8.2M	$25.1M	100x	as long as short
Bybit ETHUSDT	+0.0034%	8h	2,741.9	−0.032%	$2.36B	$3.78B	150x	as long as short
01 Exchange ETHUSD	+0.0056%	1h	2,742.1	−0.025%	$182K	$910K	50x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0068%	8h	2,742	−0.029%	$1.67B	$9.10B	100x	as long as short
Aevo ETH-PERPshort	+0.0088%	1h	2,739.1	−0.136%	$4.9M	$244K	20x
Aster ETHUSDT	+0.0088%	8h	2,741.7	−0.040%	$255.8M	$714.0M	200x	as long as short
KuCoin ETHUSDTM	+0.0089%	8h	2,741.4	−0.051%	$364.9M	$435.3M	100x	as long as short
MEXC ETH_USDT	+0.0090%	8h	2,741.6	−0.043%	$1.59B	$2.37B	500x	as long as short
Binance ETHUSDT	+0.0090%	8h	2,741.6	−0.043%	$6.41B	$13.83B	150x	as long as short
dYdX ETH-USD	+0.0094%	1h	2,741.1	−0.063%	$15.2M	$42.5M	50x	as long as short
Lighter ETH	+0.0096%	1h	2,742	−0.031%	$113.8M	$390.9M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,743.3	+0.017%	$23.6M	$96.6M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,741.9	−0.032%	—	$23.5M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0096%	1h	2,743.3	+0.018%	$47.7M	$3.88B	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,740.9	−0.069%	$512K	$3.4M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,741.7	−0.039%	$14.8M	$94.0M	50x	as long as short
Pacifica ETH	+0.0100%	1h	2,742.5	−0.011%	$32.2M	$322.3M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,740.4	−0.087%	$2.8M	$14.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,742.6	−0.007%	$1.5M	$14.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,741	−0.067%	$163.6M	$316.7M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,741.7	−0.038%	$3.27B	$7.80B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,742.1	−0.026%	$2.11B	$2.28B	150x	as long as short
BingX ETH-USDT	+0.0100%	8h	2,741.7	−0.040%	—	$947.7M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,740.8	−0.072%	$14.9M	$36.2M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,739.5	−0.122%	$132.3M	$277.8M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,738.5	−0.158%	$184.3M	$559.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,740.5	−0.083%	$159.3M	$69.5M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,741.5	−0.047%	$21.1M	$74.9M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,742.5	−0.009%	—	$317K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,742.9	+0.004%	$11.2M	$8.6M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,741.6	−0.043%	$177K	$1.6M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,741.5	−0.047%	$20K	$12K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,742.9	+0.004%	$40.9M	$26.1M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,741.5	−0.046%	$944K	$8.4M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,741.6	−0.043%	$61.7M	$121.7M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,741.2	−0.058%	$1.05B	$1.00B	200x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,741.7	−0.039%	$263.0M	$56.2M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,740.7	−0.075%	$30.1M	$63.8M	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0105%	1h	2,742.1	−0.026%	$82.7M	$268.2M	100x	as long as short
Aftermath Perps ETHUSD	+0.0111%	1h	2,740.9	−0.067%	$30K	$8K	20x	as long as short
Deribit ETH-PERPETUAL	+0.0118%	1h	2,742.7	−0.004%	$267.1M	$182.3M	50x	as long as short
Reya ETHRUSDPERP	+0.0148%	1h	2,740.6	−0.079%	$7.3M	$854K	25x	as long as short
Hyperliquid ETH	+0.0169%	1h	2,744.8	+0.073%	$3.15B	$1.69B	25x	as long as short
Orderly PERP_ETH_USDC	+0.0184%	8h	2,744.1	+0.048%	$32.4M	$9.9M	100x	as long as short
RISEx ETH/USDClong	+0.0206%	1h	2,742.8	long leg	$5.7M	$10.4M	25x
BloFin ETH-USDT	+0.0358%	8h	2,740.7	−0.077%	$284.3M	$147.6M	150x	as long as short
Injective ETH/USDC PERP	+0.0461%	1h	2,744.9	+0.077%	$118K	$26.8M	52x	as long as short
Paradex ETH-USD-PERP	+0.0515%	8h	2,744.5	+0.064%	$15.8M	$6.2M	50x	as long as short