Funding you earn now, next payment 07:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.033%
Price spread now: Reya against SoDEX+0.011%70s7-day average −0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.011%, 7d avg −0.008%
=Together, before fees+0.083%+ Points / potential airdropReya: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ETH-USD | 2,733.2 | 0.0078 | pay 0.0010% / 1h | 15m 32s | $54.4M | $187.2M | 40x |
| Short | Reya ETHRUSDPERP | 2,733.5 | 0.0189 | get 0.0024% / 1h | 15m 32s | $7.3M | $1.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $23.25
- Price spread: +0.011% → −0.008%
- $1.85
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $11.1
- Costs to cover
- 0.140%
- Break-even
- 3.7 days
Slippage unknown: SoDEX: live order book, 4 min ago; Reya: 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 SoDEX live order book, 4 min ago | 0.18 bp | 4.2 bp −$4 | 4.2 bp −$42 | 5.8 bp −$577 | 29.5 bp −$14.8K |
| Sell Reya no order-book sample | — | — | — | — | — |
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 54 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,734.2 | +0.037% | $5K | $1K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0040% | 1h | 2,735.1 | +0.070% | $117K | $22.5M | 52x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,734.1 | +0.031% | $12.0M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,735.9 | +0.099% | $814K | $3.0M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,733.9 | +0.026% | $10.5M | $42.9M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,734.3 | +0.040% | $6.6M | $684.9M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,734.1 | +0.032% | $288K | $5.8M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,734.4 | +0.044% | $262.6M | $214.1M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,734.8 | +0.059% | $33.0M | — | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0010% | 1h | 2,734.8 | +0.059% | $8.6M | $31.6M | 100x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ETHUSD | +0.0016% | 1h | 2,733.8 | +0.022% | $191K | $891K | 50x | as long as short |
| HTX ETH-USDT | +0.0023% | 8h | 2,733.6 | +0.013% | $1.05B | $1.22B | 200x | as long as short |
| BingX ETH-USDC | +0.0024% | 8h | 2,732.4 | −0.030% | — | $18.6M | — | as long as short |
| Bybit ETHUSDT | +0.0030% | 8h | 2,732.9 | −0.010% | $2.34B | $4.40B | 150x | as long as short |
| KuCoin ETHUSDTM | +0.0068% | 8h | 2,732.7 | −0.018% | $376.4M | $577.8M | 100x | as long as short |
| SoDEX ETH-USDlong | +0.0078% | 1h | 2,733.2 | long leg | $54.4M | $187.2M | 40x | |
| OKX ETH-USDT-SWAP | +0.0084% | 8h | 2,732.8 | −0.015% | $1.65B | $10.90B | 100x | as long as short |
| Aster ETHUSDT | +0.0085% | 8h | 2,732.9 | −0.011% | $252.9M | $848.9M | 200x | as long as short |
| Phemex ETHUSDT | +0.0090% | 8h | 2,733.2 | 0.000% | $263.3M | $64.6M | 150x | as long as short |
| Aftermath Perps ETHUSD | +0.0095% | 1h | 2,734 | +0.030% | $30K | $20K | 20x | as long as short |
| MEXC ETH_USDT | +0.0095% | 8h | 2,733 | −0.007% | $1.54B | $2.61B | 500x | as long as short |
| Binance ETHUSDT | +0.0096% | 8h | 2,733 | −0.007% | $6.34B | $16.15B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,733.8 | +0.020% | $112.8M | $437.8M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,734.9 | +0.063% | $23.5M | $103.3M | 50x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,732.3 | −0.033% | $4.9M | $159K | 20x | as long as short |
| Bullet ETH-USD | +0.0096% | 1h | 2,733.6 | +0.015% | $192K | $1.7M | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,733.1 | −0.004% | $511K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,737.6 | +0.160% | $15.3M | $7.9M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,733 | −0.008% | $14.2M | $105.0M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,735.8 | +0.095% | $3.12B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,734.1 | +0.033% | $32.2M | $333.7M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,733 | −0.007% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,733.6 | +0.015% | $1.5M | $16.2M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,734.2 | +0.036% | $164.8M | $347.1M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,733.3 | +0.002% | $3.31B | $9.03B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,733.1 | −0.005% | $2.10B | $2.77B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,733.3 | +0.004% | $15.1M | $42.5M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,732.7 | −0.019% | $134.1M | $322.6M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,733.9 | +0.027% | $185.9M | $684.2M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,733.9 | +0.025% | $158.9M | $86.1M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,734.4 | +0.044% | $21.0M | $70.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,735.3 | +0.078% | — | $445K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,735.2 | +0.073% | $11.2M | $9.5M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,734.3 | +0.042% | $22K | $21K | 25x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,733.3 | +0.003% | $958K | $11.0M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,731.9 | −0.047% | $30.4M | $73.2M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0056% | 1h | 2,735 | +0.064% | — | $30.4M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,734.9 | +0.060% | $47.9M | $4.33B | 50x | as long as short |
| RISEx ETH/USDC | +0.0115% | 1h | 2,734 | +0.031% | $5.6M | $11.6M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0184% | 1h | 2,735.4 | +0.079% | $242K | $1.4M | 20x | as long as short |
| Orderly PERP_ETH_USDC | +0.0186% | 8h | 2,735.6 | +0.088% | $32.2M | $11.4M | 100x | as long as short |
| Reya ETHRUSDPERPshort | +0.0189% | 1h | 2,733.5 | +0.011% | $7.3M | $1.1M | 25x | |
| Kraken Futures PF_ETHUSD | +0.0210% | 1h | 2,733.9 | +0.027% | $82.2M | $310.8M | 100x | as long as short |
| BloFin ETH-USDT | +0.0381% | 8h | 2,734.2 | +0.037% | $280.7M | $175.5M | 150x | as long as short |
SoDEX ETH-USD
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
ApeX Omni ETHUSDT
01 Exchange ETHUSD
HTX ETH-USDT
BingX ETH-USDC
Bybit ETHUSDT
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Aster ETHUSDT
Phemex ETHUSDT
Aftermath Perps ETHUSD
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Bullet ETH-USD
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT