Funding you earn now, next payment 07:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.022%
Price spread now: Bluefin against Bybit+0.027%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bluefin is 0.027% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHUSDT | 2,730 | 0.0042 | pay 0.0042% / 8h | 1h 55m | $2.35B | $4.42B | 150x |
| Short | Bluefin ETH-PERP | 2,730.7 | 0.0100 | get 0.0013% / 1h | 55m 47s | $22K | $21K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Bybit. 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
- $12.23
- Price spread: +0.027% → 0.000%
- $2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$3.09
- Costs to cover
- 0.180%
- Break-even
- 8.8 days
Slippage unknown: Bybit: live order book, 3 min ago; Bluefin: 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 Bybit live order book, 3 min ago | 0.02 bp | 5.5 bp −$6 | 5.5 bp −$55 | 6.8 bp −$676 | 9.3 bp −$4,643 |
| Sell Bluefin no order-book sample | — | — | — | — | — |
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 | 2,730.6 | +0.024% | $291K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,733.9 | +0.144% | $5K | $1K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0040% | 1h | 2,733.8 | +0.140% | $117K | $22.5M | 52x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,730.3 | +0.012% | $12.0M | — | 200x | as long as short |
| Phoenix ETH | −0.0009% | 1h | 2,736 | +0.221% | $817K | $2.9M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,731.4 | +0.053% | $10.5M | $42.9M | 50x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,730.4 | +0.014% | $260.7M | $211.9M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,730.4 | +0.015% | $32.9M | — | 200x | as long as short |
| HTX ETH-USDT | +0.0009% | 8h | 2,729.8 | −0.008% | $1.05B | $1.22B | 200x | as long as short |
| BingX ETH-USDT | +0.0034% | 8h | 2,730.1 | +0.004% | — | $1.12B | — | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDTlong | +0.0042% | 8h | 2,730 | long leg | $2.35B | $4.42B | 150x | |
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,730.5 | +0.019% | $190K | $891K | 50x | as long as short |
| SoDEX ETH-USD | +0.0078% | 1h | 2,729.5 | −0.017% | $54.4M | $187.5M | 40x | as long as short |
| KuCoin ETHUSDTM | +0.0078% | 8h | 2,729.9 | −0.001% | $375.0M | $576.5M | 100x | as long as short |
| Aftermath Perps ETHUSD | +0.0085% | 1h | 2,733.7 | +0.136% | $30K | $20K | 20x | as long as short |
| SunX ETH-USDT | +0.0090% | 8h | 2,729 | −0.037% | $958K | $11.1M | 100x | as long as short |
| Aster ETHUSDT | +0.0093% | 8h | 2,730.2 | +0.008% | $252.6M | $849.3M | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0095% | 8h | 2,730 | +0.002% | $1.66B | $10.93B | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,730.8 | +0.030% | $112.3M | $430.9M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,732 | +0.074% | $23.5M | $102.6M | 50x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,727.6 | −0.086% | $4.9M | $156K | 20x | as long as short |
| ApeX Omni ETHUSDT | +0.0098% | 1h | 2,734.5 | +0.166% | $8.7M | $31.5M | 100x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,730 | +0.001% | $508K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,735.6 | +0.208% | $15.3M | $8.0M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,729.9 | −0.001% | $14.1M | $105.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,732.5 | +0.093% | $3.10B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,730.9 | +0.034% | $32.0M | $334.2M | 50x | as long as short |
| Binance ETHUSDT | +0.0100% | 8h | 2,730.2 | +0.008% | $6.33B | $16.17B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,730.5 | +0.019% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,731 | +0.036% | $1.5M | $16.2M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,735 | +0.184% | $163.2M | $327.7M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,730.2 | +0.008% | $3.28B | $8.92B | 200x | as long as short |
| MEXC ETH_USDT | +0.0100% | 8h | 2,730.1 | +0.004% | $1.52B | $2.57B | 500x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,730.4 | +0.015% | $2.08B | $2.79B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,729.9 | −0.001% | $15.1M | $42.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,729.3 | −0.024% | $134.0M | $326.1M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,731.9 | +0.071% | $185.3M | $680.7M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,735.4 | +0.199% | $159.1M | $87.6M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,734 | +0.148% | $21.0M | $70.1M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,731.8 | +0.066% | — | $879K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,731.3 | +0.049% | $11.2M | $9.5M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,730.1 | +0.003% | $181K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERPshort | +0.0100% | 1h | 2,730.7 | +0.027% | $22K | $21K | 25x | |
| Derive ETH-PERP | +0.0100% | 1h | 2,731.3 | +0.048% | $40.9M | $30.2M | 15x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,729.9 | −0.002% | $263.2M | $65.1M | 150x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,729.3 | −0.025% | $30.3M | $74.2M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,730.7 | +0.027% | — | $30.6M | 500x | as long as short |
| Kalshi KXETHPERP | +0.0110% | 8h | 2,730.7 | +0.027% | $6.8M | $693.0M | 4.9x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,730.6 | +0.022% | $50.1M | $4.32B | 50x | as long as short |
| RISEx ETH/USDC | +0.0115% | 1h | 2,730.7 | +0.028% | $5.6M | $11.8M | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0187% | 8h | 2,732.4 | +0.089% | $32.2M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0195% | 1h | 2,729.3 | −0.024% | $7.3M | $1.1M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0211% | 1h | 2,730.1 | +0.004% | $83.4M | $311.3M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0280% | 1h | 2,732.3 | +0.084% | $248K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0400% | 8h | 2,731.3 | +0.047% | $281.7M | $175.2M | 150x | as long as short |
Bybit ETHUSDT
Bluefin ETH-PERP
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
HTX ETH-USDT
BingX ETH-USDT
01 Exchange ETHUSD
SoDEX ETH-USD
KuCoin ETHUSDTM
Aftermath Perps ETHUSD
SunX ETH-USDT
Aster ETHUSDT
OKX ETH-USDT-SWAP
Lighter ETH
Lighter RH ETH
ApeX Omni ETHUSDT
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Binance ETHUSDT
Bulk ETH-USD
Gate ETH_USDT
MEXC 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
Phemex ETHUSDT
Extended ETH-USD
Kalshi KXETHPERP
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT