ETH

Alert

Funding spread now, next payment 16:00 UTC+0.0030%/8h

paid, last 24h−0.004%paid, last 3 days+0.021%to open and close $10k−$20

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ETH-USD	2,744.1	0.0004	pay 0.0000% / 1h	39m 56s	$55.4M	$161.5M	40x
Short	Phemex ETHUSDT	2,744.4	0.0033	get 0.0033% / 8h	39m 56s	$265.4M	$66.4M	150x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee PhemexbpOrdersRate

Funding earned: $6.24
Slippage, 4 orders: −$0.42
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$14.18
Break-even: 22.9 days

Slippage from SoDEX: live order book, 1 min ago; Phemex: live order book, 6 min ago.

Price risk

price view

Price gap now: +0.010%
Avg gap 7d: +0.010%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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	5.7 bp −$569	32.7 bp −$16.3K
Sell Phemex live order book, 6 min ago	0.02 bp	6.0 bp −$6	6.3 bp −$63	9.5 bp −$946	14.3 bp −$7,152

ETH on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff ETH-PERP	−0.0080%	1h	$5K	$2K	50x	as long as short
Gate ETH_USDT	−0.0042%	8h	$3.73B	$8.55B	200x	as long as short
ApeX Omni ETHUSDT	−0.0041%	1h	$7.7M	$27.7M	100x	as long as short
Kalshi KXETHPERP	0.0000%	8h	$6.2M	$527.5M	4.9x	as long as short
Perpl ETH	0.0000%	43m	$426K	$5.9M	8.3x	as long as short
SoDEX ETH-USDlong	+0.0004%	1h	$55.4M	$161.5M	40x
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	$22.2M	—	200x	as long as short
Bullet ETH-USD	+0.0008%	1h	$186K	$1.9M	20x	as long as short
OKX ETH-USDT-SWAP	+0.0016%	8h	$1.72B	$10.97B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0018% / S +0.0014%	1h	$11.9M	—	200x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex ETHUSDTshort	+0.0033%	8h	$265.4M	$66.4M	150x
01 Exchange ETHUSD	+0.0048%	1h	$181K	$1.1M	50x	as long as short
Phoenix ETH	+0.0050%	1h	$1.4M	$2.4M	25x	as long as short
Injective ETH/USDC PERP	+0.0067%	1h	$118K	$22.5M	52x	as long as short
Bitget ETHUSDT	+0.0072%	8h	$2.13B	$3.08B	150x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	$60.3M	$4.79B	50x	as long as short
Deribit ETH-PERPETUAL	+0.0089%	1h	$260.6M	$212.2M	50x	as long as short
Lighter ETH	+0.0096%	1h	$119.1M	$491.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	$25.3M	$117.4M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	—	$46.2M	500x	as long as short
Aevo ETH-PERP	+0.0096%	1h	$5.0M	$752K	20x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	$14.6M	$11.3M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	$491K	$2.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	$17.8M	$112.8M	50x	as long as short
Aster ETHUSDT	+0.0100%	8h	$269.2M	$838.8M	200x	as long as short
Pacifica ETH	+0.0100%	1h	$31.2M	$202.9M	50x	as long as short
Binance ETHUSDT	+0.0100%	8h	$6.55B	$15.21B	150x	as long as short
Bybit ETHUSDT	+0.0100%	8h	$2.50B	$4.39B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	$3.1M	$13.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	$2.5M	$15.1M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	$152.6M	$276.1M	25x	as long as short
MEXC ETH_USDT	+0.0100%	8h	$1.53B	$2.43B	500x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	$389.9M	$657.2M	100x	as long as short
BingX ETH-USDC	+0.0100%	8h	—	$16.1M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	$15.0M	$39.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	$154.5M	$298.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	$176.0M	$740.0M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	$21.0M	$51.3M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	—	$1.2M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	$10.7M	$5.2M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	$21K	$26K	25x	as long as short
SunX ETH-USDT	+0.0100%	8h	$945K	$14.5M	100x	as long as short
HTX ETH-USDT	+0.0100%	8h	$1.09B	$1.19B	200x	as long as short
Extended ETH-USD	+0.0104%	1h	$32.6M	$75.1M	50x	as long as short
dYdX ETH-USD	+0.0135%	1h	$20.2M	$28.6M	50x	as long as short
Reya ETHRUSDPERP	+0.0155%	1h	$7.3M	$968K	25x	as long as short
RISEx ETH/USDC	+0.0171%	1h	$5.8M	$13.6M	25x	as long as short
Hibachi ETH/USDT-P	+0.0176%	1h	$301K	$1.3M	20x	as long as short
Hyperliquid ETH	+0.0187%	1h	$3.22B	$2.14B	25x	as long as short
Orderly PERP_ETH_USDC	+0.0213%	8h	$32.3M	$10.8M	100x	as long as short
BloFin ETH-USDT	+0.0220%	8h	$294.1M	$173.9M	150x	as long as short
Aftermath Perps ETHUSD	+0.0260%	1h	$29K	$27K	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0350%	1h	$86.9M	$314.4M	100x	as long as short
Derive ETH-PERP	+0.0583%	1h	$43.3M	$27.0M	15x	as long as short