ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: 01 Exchange against ApeX Omni+0.084%55s7-day average −0.009% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.235% of the position

Long on ApeX Omni Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.055%+$6 on $10k

Price spread, last 7 days−0.083%−$8 · spread now +0.084%, 7d avg −0.009%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. 01 Exchange is 0.093% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.009%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 4 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 55 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	ApeX Omni ETHUSDT	2,722.5	0.0051	pay 0.0006% / 1h	20m 34s	$8.4M	$31.5M	100x
Short	01 Exchange ETHUSD	2,724.8	0.0032	get 0.0004% / 1h	20m 34s	$190K	$884K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against ApeX Omni. 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 ApeX OmnibpFee 01 ExchangebpOrdersPrice spread, now +0.084%Rate

Funding earned: −$3.96
Price spread: +0.084% → −0.009%: $9.31
Slippage, 4 orders: −$6.53
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$18.19
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 4 min ago; 01 Exchange: live order book, 19 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 ApeX Omni live order book, 4 min ago	0.63 bp	5.6 bp −$6	8.0 bp −$80	24.9 bp −$2,488	52.3 bp −$26.1K
Sell 01 Exchange live order book, 19 min ago	0.18 bp	6.8 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

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	2,723.7	+0.042%	$275K	$5.7M	8.3x	as long as short
BloFin ETH-USDT	−0.0176%	8h	2,722.4	−0.006%	$281.5M	$177.3M	150x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,723.7	+0.043%	$5K	$1K	50x	as long as short
Phoenix ETH	−0.0015%	1h	2,724.3	+0.065%	$808K	$3.0M	25x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,723.4	+0.033%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,723.6	+0.039%	$10.5M	$41.9M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,723.7	+0.043%	$6.7M	$679.5M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,723.4	+0.032%	$262.7M	$212.5M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,723.4	+0.033%	$32.9M	—	200x	as long as short
BingX ETH-USDT	+0.0017%	8h	2,723.6	+0.041%	—	$1.08B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHUSDT	+0.0020%	8h	2,724.3	+0.065%	$2.32B	$4.34B	150x	as long as short
HTX ETH-USDT	+0.0031%	8h	2,722.4	−0.004%	$1.05B	$1.22B	200x	as long as short
01 Exchange ETHUSDshort	+0.0032%	1h	2,724.8	+0.084%	$190K	$884K	50x
Injective ETH/USDC PERP	+0.0050%	1h	2,728.7	+0.227%	$200K	$21.5M	52x	as long as short
ApeX Omni ETHUSDTlong	+0.0051%	1h	2,722.5	long leg	$8.4M	$31.5M	100x
Hibachi ETH/USDT-P	+0.0056%	1h	2,724.2	+0.063%	$241K	$1.4M	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0060%	1h	2,723	+0.019%	$81.7M	$310.8M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0072%	8h	2,724.1	+0.057%	$1.65B	$10.79B	100x	as long as short
KuCoin ETHUSDTM	+0.0074%	8h	2,723.4	+0.032%	$381.8M	$577.6M	100x	as long as short
Aster ETHUSDT	+0.0076%	8h	2,724.6	+0.077%	$252.4M	$847.4M	200x	as long as short
MEXC ETH_USDT	+0.0088%	8h	2,723.6	+0.039%	$1.58B	$2.58B	500x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,720.8	−0.064%	$4.9M	$172K	20x	as long as short
Binance ETHUSDT	+0.0088%	8h	2,724.7	+0.079%	$6.30B	$16.12B	150x	as long as short
SoDEX ETH-USD	+0.0095%	1h	2,722.4	−0.004%	$54.2M	$182.7M	40x	as long as short
Lighter ETH	+0.0096%	1h	2,723.8	+0.048%	$112.0M	$432.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,725	+0.091%	$23.4M	$102.4M	50x	as long as short
Aftermath Perps ETHUSD	+0.0099%	1h	2,724.4	+0.067%	$30K	$20K	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,723.7	+0.043%	$500K	$3.6M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,727.9	+0.199%	$15.3M	$7.6M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,723.9	+0.052%	$14.0M	$104.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,725.5	+0.109%	$3.10B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,724.2	+0.061%	$31.9M	$333.5M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,722.3	−0.008%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,724.2	+0.062%	$1.6M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,724.1	+0.060%	$3.31B	$8.93B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,723.7	+0.043%	$2.10B	$2.76B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,722.3	−0.010%	$14.9M	$40.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,722.2	−0.011%	$133.6M	$316.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,721.7	−0.029%	$185.2M	$682.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,722.8	+0.012%	$158.2M	$81.9M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,724.1	+0.058%	$20.9M	$70.2M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,725.5	+0.110%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,724.6	+0.076%	$11.2M	$9.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,723.1	+0.021%	$183K	$1.7M	20x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,724.6	+0.078%	$40.8M	$29.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,723.1	+0.020%	$955K	$10.8M	100x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,722.7	+0.006%	$262.3M	$64.4M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,727.2	+0.171%	$162.8M	$356.2M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,722.9	+0.015%	$30.4M	$71.6M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,723.5	+0.036%	—	$30.2M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,723.8	+0.048%	$46.6M	$4.27B	50x	as long as short
RISEx ETH/USDC	+0.0114%	1h	2,724.6	+0.076%	$5.6M	$11.7M	25x	as long as short
Reya ETHRUSDPERP	+0.0180%	1h	2,722.1	−0.016%	$7.3M	$972K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0184%	8h	2,725.2	+0.100%	$32.1M	$11.2M	100x	as long as short
Bluefin ETH-PERP	+0.0462%	1h	2,723.4	+0.034%	$20K	$23K	25x	as long as short