Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.047%
Price spread now: Hotstuff against Aevo+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Hotstuff is 0.074% dearer against Aevo than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ETH-PERP | 2,722 | 0.0096 | pay 0.0012% / 1h | 0m 04s | $4.9M | $189K | 20x |
| Short | Hotstuff ETH-PERP | 2,724 | −0.0080 | pay 0.0010% / 1h | 0m 04s | $5K | $1K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Aevo. 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
- −$36.96
- Price spread: +0.074% → 0.000%
- $7.4
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$50.56
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 4 min ago; Hotstuff: 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 Aevo live order book, 4 min ago | 3.80 bp | 11.9 bp −$12 | 27.6 bp −$276 | 46.2 bp −$4,620 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,724.5 | +0.092% | $274K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERPshort | −0.0080% | 1h | 2,724 | +0.074% | $5K | $1K | 50x | |
| Phoenix ETH | −0.0015% | 1h | 2,723.8 | +0.067% | $808K | $3.0M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,724.6 | +0.098% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,723.5 | +0.054% | $10.5M | $41.8M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,724.7 | +0.100% | $6.7M | $673.0M | 4.9x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,725.4 | +0.127% | $264.1M | $216.5M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,724.8 | +0.102% | $32.9M | — | 200x | as long as short |
| BingX ETH-USDT | +0.0018% | 8h | 2,725 | +0.112% | — | $1.07B | — | as long as short |
| Bybit ETHUSDT | +0.0025% | 8h | 2,724.9 | +0.106% | $2.31B | $4.31B | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ETH-USDT | +0.0037% | 8h | 2,724.5 | +0.091% | $1.05B | $1.21B | 200x | as long as short |
| 01 Exchange ETHUSD | +0.0040% | 1h | 2,725.1 | +0.114% | $189K | $883K | 50x | as long as short |
| BloFin ETH-USDT | +0.0044% | 8h | 2,724.3 | +0.084% | $280.6M | $177.6M | 150x | as long as short |
| Injective ETH/USDC PERP | +0.0050% | 1h | 2,728.3 | +0.232% | $117K | $22.5M | 52x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0060% | 1h | 2,725.2 | +0.119% | $82.0M | $310.4M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0077% | 8h | 2,724.7 | +0.100% | $1.65B | $10.73B | 100x | as long as short |
| ApeX Omni ETHUSDT | +0.0078% | 1h | 2,722.1 | +0.003% | $8.4M | $31.3M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0080% | 1h | 2,724.2 | +0.083% | $239K | $1.4M | 20x | as long as short |
| KuCoin ETHUSDTM | +0.0082% | 8h | 2,724.4 | +0.089% | $383.0M | $575.5M | 100x | as long as short |
| Aster ETHUSDT | +0.0084% | 8h | 2,724.9 | +0.105% | $251.9M | $850.9M | 200x | as long as short |
| MEXC ETH_USDT | +0.0093% | 8h | 2,725.1 | +0.114% | $1.58B | $2.60B | 500x | as long as short |
| Binance ETHUSDT | +0.0093% | 8h | 2,724.9 | +0.108% | $6.31B | $16.08B | 150x | as long as short |
| Aftermath Perps ETHUSD | +0.0094% | 1h | 2,724.2 | +0.080% | $30K | $20K | 20x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,725.4 | +0.126% | $112.2M | $433.7M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,726.6 | +0.168% | $23.3M | $102.8M | 50x | as long as short |
| Aevo ETH-PERPlong | +0.0096% | 1h | 2,722 | long leg | $4.9M | $189K | 20x | |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,724.5 | +0.092% | $499K | $3.6M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,728.8 | +0.251% | $15.4M | $7.4M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,724.5 | +0.092% | $14.1M | $104.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,727.7 | +0.210% | $3.10B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,725.3 | +0.121% | $31.9M | $334.0M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,723.8 | +0.067% | $2.7M | $16.6M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,725 | +0.111% | $1.6M | $15.9M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,725.4 | +0.126% | $3.31B | $8.97B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,725 | +0.109% | $2.11B | $2.76B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,725.2 | +0.117% | $15.0M | $40.5M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,723 | +0.036% | $131.2M | $318.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,722.3 | +0.013% | $185.2M | $683.2M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,722.9 | +0.034% | $158.2M | $81.3M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,723.6 | +0.059% | $20.9M | $70.0M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,725.8 | +0.141% | — | $445K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,726.9 | +0.181% | $11.2M | $9.4M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,724.2 | +0.081% | $180K | $1.7M | 20x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,724.2 | +0.081% | $40.6M | $30.0M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,723.9 | +0.070% | $956K | $10.7M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,724.3 | +0.085% | $54.3M | $182.6M | 40x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,725 | +0.111% | $262.6M | $64.0M | 150x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,722.9 | +0.033% | $160.5M | $349.9M | 25x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,724.1 | +0.079% | $30.4M | $71.1M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0056% | 1h | 2,724.5 | +0.094% | — | $30.1M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,725.8 | +0.141% | $46.7M | $4.25B | 50x | as long as short |
| RISEx ETH/USDC | +0.0114% | 1h | 2,725.2 | +0.118% | $5.6M | $11.6M | 25x | as long as short |
| Bluefin ETH-PERP | +0.0128% | 1h | 2,724.5 | +0.091% | $20K | $23K | 25x | as long as short |
| Reya ETHRUSDPERP | +0.0176% | 1h | 2,723.6 | +0.059% | $7.3M | $972K | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0186% | 8h | 2,726.9 | +0.182% | $32.1M | $11.4M | 100x | as long as short |
Phoenix ETH
GMX ETH/USD [ETH-USDC]
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
Bybit ETHUSDT
HTX ETH-USDT
01 Exchange ETHUSD
BloFin ETH-USDT
Injective ETH/USDC PERP
Kraken Futures PF_ETHUSD
OKX ETH-USDT-SWAP
ApeX Omni ETHUSDT
KuCoin ETHUSDTM
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Aftermath Perps ETHUSD
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
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
Bullet ETH-USD
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Phemex ETHUSDT
Bulk ETH-USD
Extended ETH-USD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Bluefin ETH-PERP