Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.023%
Price spread now: Aevo against Bluefin−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.093% cheaper against Bluefin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin ETH-PERP | 2,772 | 0.0100 | pay 0.0013% / 1h | 8m 33s | $21K | $25K | 25x |
| Short | Aevo ETH-PERP | 2,769.4 | 0.0048 | get 0.0006% / 1h | 8m 33s | $5.0M | $636K | 20x |
Bluefin ETH-PERP
Aevo ETH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bluefin. 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
- −$10.92
- Price spread: −0.093% → 0.000%
- −$9.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$43.23
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bluefin: no order-book sample; Aevo: live order book, 1 min ago. 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 Bluefin no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 1 min ago | 2.89 bp | 17.7 bp −$18 | 30.1 bp −$301 | 47.1 bp −$4,708 | doesn't fit |
Bluefin: 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 | −0.0112% | 43m | 2,771 | −0.037% | $289K | $6.9M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0107% | 1h | 2,776.2 | +0.152% | $119K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,772.4 | +0.015% | $5K | $2K | 50x | as long as short |
| 01 Exchange ETHUSD | −0.0048% | 1h | 2,772.1 | +0.004% | $171K | $1.2M | 50x | as long as short |
| Phoenix ETH | −0.0023% | 1h | 2,772.2 | +0.008% | $885K | $3.7M | 25x | as long as short |
| RISEx ETH/USDC | −0.0011% | 1h | 2,772.5 | +0.018% | $5.7M | $11.8M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,771.7 | −0.009% | $12.7M | $45.5M | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0004% | 1h | 2,773.9 | +0.070% | $29K | $22K | 20x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,771.9 | −0.004% | $22.4M | — | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0023% | 8h | 2,771.9 | −0.004% | $1.71B | $11.90B | 100x | as long as short |
Perpl ETH
Injective ETH/USDC PERP
Hotstuff ETH-PERP
01 Exchange ETHUSD
Phoenix ETH
RISEx ETH/USDC
dYdX ETH-USD
Aftermath Perps ETHUSD
gTrade (Gains Network) ETH/USD
OKX ETH-USDT-SWAPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ETHUSDT | +0.0027% | 8h | 2,771.8 | −0.008% | $267.0M | $66.0M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0028% / S +0.0009% | 1h | 2,771.9 | −0.004% | $13.2M | — | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0033% | 1h | 2,770.3 | −0.061% | $8.7M | $32.6M | 100x | as long as short |
| Aster ETHUSDT | +0.0034% | 8h | 2,772 | −0.001% | $256.4M | $995.5M | 200x | as long as short |
| Aevo ETH-PERPshort | +0.0048% | 1h | 2,769.4 | −0.093% | $5.0M | $636K | 20x | |
| MEXC ETH_USDT | +0.0050% | 8h | 2,772.2 | +0.006% | $1.59B | $2.69B | 500x | as long as short |
| Binance ETHUSDT | +0.0051% | 8h | 2,772.2 | +0.006% | $6.44B | $17.23B | 150x | as long as short |
| Bitget ETHUSDT | +0.0075% | 8h | 2,772.1 | +0.004% | $2.10B | $3.13B | 150x | as long as short |
| Gate ETH_USDT | +0.0076% | 8h | 2,772 | 0.000% | $3.28B | $9.70B | 200x | as long as short |
| Bullet ETH-USD | +0.0081% | 1h | 2,770.9 | −0.040% | $184K | $1.8M | 20x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,772.5 | +0.019% | $114.8M | $515.4M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,773.8 | +0.067% | $25.3M | $123.2M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,772.2 | +0.008% | — | $41.7M | 500x | as long as short |
| Variational Omni ETH | +0.0097% | 8h | 2,770.2 | −0.064% | $140.7M | $320.5M | — | as long as short |
| HTX ETH-USDT | +0.0099% | 8h | 2,771.5 | −0.019% | $1.08B | $1.32B | 200x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,771.8 | −0.005% | $15.9M | $10.8M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,772.2 | +0.008% | $486K | $2.7M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,770.9 | −0.040% | $15.2M | $117.6M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,773.6 | +0.058% | $3.19B | $2.39B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,772.6 | +0.022% | $31.2M | $291.4M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,772.1 | +0.002% | $2.51B | $4.64B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,771.5 | −0.018% | $2.8M | $16.6M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,774.1 | +0.075% | $2.8M | $17.4M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.6 | −0.052% | $164.9M | $252.7M | 25x | as long as short |
| KuCoin ETHUSDTM | +0.0100% | 8h | 2,771.8 | −0.007% | $422.2M | $742.4M | 100x | as long as short |
| BingX ETH-USDC | +0.0100% | 8h | 2,771.8 | −0.006% | — | $17.3M | — | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,771.9 | −0.003% | $15.4M | $42.9M | 50x | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,770.5 | −0.054% | $179.5M | $782.5M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,770.9 | −0.038% | $161.2M | $97.3M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,772.1 | +0.004% | $21.4M | $57.8M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,771.8 | −0.008% | — | $1.1M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,772.4 | +0.015% | $10.8M | $7.8M | 50x | as long as short |
| Bluefin ETH-PERPlong | +0.0100% | 1h | 2,772 | long leg | $21K | $25K | 25x | |
| Derive ETH-PERP | +0.0100% | 1h | 2,773.7 | +0.063% | $42.7M | $29.4M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,770.9 | −0.039% | $973K | $14.2M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,771.7 | −0.010% | $55.2M | $228.6M | 40x | as long as short |
| Deribit ETH-PERPETUAL | +0.0100% | 1h | 2,773.5 | +0.053% | $258.5M | $225.2M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,771.9 | −0.003% | $31.4M | $75.4M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,773.4 | +0.051% | $59.9M | $4.62B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0115% | 8h | 2,772.4 | +0.015% | $8.5M | $674.3M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0134% | 8h | 2,774.3 | +0.083% | $32.5M | $12.0M | 100x | as long as short |
| BloFin ETH-USDT | +0.0171% | 8h | 2,771 | −0.037% | $286.0M | $195.6M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0185% | 1h | 2,771.1 | −0.034% | $7.3M | $1.1M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0240% | 1h | 2,773 | +0.037% | $86.4M | $331.2M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0464% | 1h | 2,772.8 | +0.031% | $281K | $1.5M | 20x | as long as short |
Phemex ETHUSDT
GMX ETH/USD [ETH-USDC]
ApeX Omni ETHUSDT
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Bitget ETHUSDT
Gate ETH_USDT
Bullet ETH-USD
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Variational Omni ETH
HTX ETH-USDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
KuCoin ETHUSDTM
BingX ETH-USDC
Backpack ETH_USDC_PERP
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Deribit ETH-PERPETUAL
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
BloFin ETH-USDT
Reya ETHRUSDPERP
Kraken Futures PF_ETHUSD
Hibachi ETH/USDT-P