Funding you earn now, next payment 23:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against SoDEX−0.016%7-day average −0.022% · 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−$13as in the Price arb table
costs, in and out, $10k−$140.137% of the position
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.016%, 7d avg −0.022%
=Together, before fees+0.060%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ETH-USD | 2,770.5 | 0.0065 | pay 0.0008% / 1h | 7m 43s | $55.2M | $229.0M | 40x |
| Short | Extended ETH-USD | 2,770.1 | 0.0104 | get 0.0013% / 1h | 7m 43s | $32.6M | $77.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SoDEX. 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
- $8.27
- Price spread: −0.016% → −0.022%
- $0.57
- Slippage, 4 orders
- −$0.72
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$4.88
- Costs to cover
- 0.137%
- Break-even
- 11.1 days
Slippage from SoDEX: live order book, 1 min ago; Extended: live order book, 1 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 SoDEX live order book, 1 min ago | 0.18 bp | 4.2 bp −$4 | 4.2 bp −$42 | 5.5 bp −$550 | 31.9 bp −$15.9K |
| Sell Extended live order book, 1 min ago | 0.18 bp | 2.7 bp −$3 | 2.7 bp −$27 | 4.2 bp −$417 | 10.5 bp −$5,273 |
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 | 2,773.7 | +0.114% | $287K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDC | −0.0085% | 1h | 2,771.8 | +0.049% | $5.7M | $11.8M | 25x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,774.5 | +0.144% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,779.6 | +0.328% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,772.4 | +0.069% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0002% | 1h | 2,773.8 | +0.120% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,771.8 | +0.046% | $12.7M | $45.7M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,773.5 | +0.108% | $885K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,771.7 | +0.044% | $22.4M | — | 200x | as long as short |
| BingX ETH-USDT | +0.0015% | 8h | 2,770.9 | +0.013% | — | $1.20B | — | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETH-USDT-SWAP | +0.0017% | 8h | 2,770.7 | +0.007% | $1.70B | $11.84B | 100x | as long as short |
| Phemex ETHUSDT | +0.0024% | 8h | 2,771 | +0.017% | $269.8M | $68.9M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0027% / S +0.0009% | 1h | 2,771.7 | +0.043% | $12.9M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0027% | 1h | 2,770.9 | +0.016% | $181K | $1.7M | 20x | as long as short |
| Deribit ETH-PERPETUAL | +0.0031% | 1h | 2,772 | +0.056% | $258.5M | $222.2M | 50x | as long as short |
| Aster ETHUSDT | +0.0031% | 8h | 2,770.8 | +0.011% | $255.4M | $995.0M | 200x | as long as short |
| Nado ETH-PERP | +0.0057% | 1h | 2,772 | +0.054% | $14.2M | $118.1M | 50x | as long as short |
| Binance ETHUSDT | +0.0060% | 8h | 2,770.3 | −0.008% | $6.43B | $17.22B | 150x | as long as short |
| MEXC ETH_USDT | +0.0060% | 8h | 2,770.6 | +0.004% | $1.61B | $2.68B | 500x | as long as short |
| ApeX Omni ETHUSDT | +0.0062% | 1h | 2,772.2 | +0.060% | $8.7M | $32.6M | 100x | as long as short |
| Aevo ETH-PERP | +0.0064% | 1h | 2,768.3 | −0.080% | $5.0M | $636K | 20x | as long as short |
| SoDEX ETH-USDlong | +0.0065% | 1h | 2,770.5 | long leg | $55.2M | $229.0M | 40x | |
| Bitget ETHUSDT | +0.0067% | 8h | 2,770.3 | −0.009% | $2.10B | $3.10B | 150x | as long as short |
| Gate ETH_USDT | +0.0072% | 8h | 2,770.9 | +0.014% | $3.29B | $9.67B | 200x | as long as short |
| HTX ETH-USDT | +0.0089% | 8h | 2,771.3 | +0.028% | $1.08B | $1.32B | 200x | as long as short |
| Bybit ETHUSDT | +0.0092% | 8h | 2,770.4 | −0.005% | $2.51B | $4.62B | 150x | as long as short |
| KuCoin ETHUSDTM | +0.0095% | 8h | 2,770.6 | +0.002% | $421.0M | $739.0M | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,770.6 | +0.004% | $114.9M | $503.0M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,772.2 | +0.061% | $25.3M | $121.9M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,772.9 | +0.086% | — | $41.6M | 500x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,773.6 | +0.110% | $15.9M | $10.5M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,772.7 | +0.079% | $477K | $2.7M | 50x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,772.1 | +0.059% | — | $1.1M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,773.1 | +0.094% | $3.18B | $2.35B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,774.4 | +0.139% | $31.2M | $303.9M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,772.5 | +0.072% | $2.8M | $17.0M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,774 | +0.127% | $2.7M | $17.6M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.8 | +0.012% | $166.1M | $253.0M | 25x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,770.8 | +0.009% | $15.1M | $44.1M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,770.9 | +0.013% | $144.7M | $334.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,771.1 | +0.021% | $181.4M | $779.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,772.5 | +0.072% | $161.3M | $91.1M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,773.5 | +0.108% | $21.4M | $58.2M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,772.4 | +0.069% | $10.8M | $7.6M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,771.5 | +0.035% | $21K | $24K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,773.1 | +0.093% | $42.7M | $29.4M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,770.7 | +0.009% | $970K | $14.0M | 100x | as long as short |
| Extended ETH-USDshort | +0.0104% | 1h | 2,770.1 | −0.016% | $32.6M | $77.6M | 50x | |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,771.6 | +0.039% | $59.7M | $4.59B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0125% | 8h | 2,774.6 | +0.148% | $8.4M | $681.0M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0136% | 8h | 2,773.4 | +0.103% | $32.5M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0170% | 1h | 2,771.3 | +0.029% | $85.9M | $332.1M | 100x | as long as short |
| BloFin ETH-USDT | +0.0180% | 8h | 2,773.3 | +0.102% | $284.7M | $194.4M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0194% | 1h | 2,770.6 | +0.005% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0256% | 1h | 2,774.9 | +0.158% | $270K | $1.5M | 20x | as long as short |
SoDEX ETH-USD
Extended ETH-USD
RISEx ETH/USDC
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
OKX ETH-USDT-SWAP
Phemex ETHUSDT
GMX ETH/USD [ETH-USDC]
Bullet ETH-USD
Deribit ETH-PERPETUAL
Aster ETHUSDT
Binance ETHUSDT
MEXC ETH_USDT
ApeX Omni ETHUSDT
Bitget ETHUSDT
Gate ETH_USDT
HTX ETH-USDT
Bybit ETHUSDT
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT