Funding you earn now, next payment 07:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against gTrade (Gains Network)−0.121%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 3 days (all we have)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.121%, 7d avg −0.073%
=Funding pays, the price is against you. Aevo is 0.048% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of −0.073%). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ETH/USD | 2,733.8 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 6m 09s | $33.0M | — | 200x |
| Short | Aevo ETH-PERP | 2,730.5 | 0.0096 | get 0.0012% / 1h | 6m 09s | $4.9M | $171K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against gTrade (Gains Network). 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
- $18.78
- Price spread: −0.121% → −0.073%
- −$4.8
- Slippage, 4 orders
- −$17.19
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$26.21
- Costs to cover
- 0.402%
- Break-even
- 16.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Aevo: live order book, 3 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 0.53 bp | 4.0 bp −$4 | 4.1 bp −$41 | 5.0 bp −$499 | 8.9 bp −$4,440 |
| Sell Aevo live order book, 3 min ago | 5.72 bp | 15.0 bp −$15 | 23.8 bp −$238 | 39.7 bp −$3,965 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,734.8 | +0.037% | $5K | $1K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0040% | 1h | 2,734.2 | +0.015% | $117K | $22.5M | 52x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,734.6 | +0.029% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,733.1 | −0.026% | $813K | $3.0M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,734.1 | +0.009% | $10.5M | $42.8M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,734.6 | +0.029% | $6.6M | $682.7M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,732 | −0.065% | $288K | $5.8M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,734.1 | +0.010% | $262.5M | $213.3M | 50x | as long as short |
| gTrade (Gains Network) ETH/USDlong | L +0.0007% / S −0.0006% | 1h | 2,733.8 | long leg | $33.0M | — | 200x | |
| 01 Exchange ETHUSD | +0.0016% | 1h | 2,734.9 | +0.040% | $192K | $890K | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDT | +0.0022% | 8h | 2,733.3 | −0.020% | — | $1.10B | — | as long as short |
| ApeX Omni ETHUSDT | +0.0025% | 1h | 2,731.9 | −0.068% | $8.6M | $31.5M | 100x | as long as short |
| Bybit ETHUSDT | +0.0027% | 8h | 2,732.9 | −0.033% | $2.34B | $4.38B | 150x | as long as short |
| HTX ETH-USDT | +0.0029% | 8h | 2,732.9 | −0.035% | $1.05B | $1.22B | 200x | as long as short |
| KuCoin ETHUSDTM | +0.0067% | 8h | 2,733.5 | −0.011% | $380.7M | $576.9M | 100x | as long as short |
| SoDEX ETH-USD | +0.0073% | 1h | 2,732.9 | −0.033% | $54.4M | $187.2M | 40x | as long as short |
| OKX ETH-USDT-SWAP | +0.0081% | 8h | 2,733.3 | −0.019% | $1.65B | $10.87B | 100x | as long as short |
| Aster ETHUSDT | +0.0083% | 8h | 2,733.2 | −0.023% | $253.1M | $846.6M | 200x | as long as short |
| Phemex ETHUSDT | +0.0091% | 8h | 2,733.1 | −0.026% | $263.1M | $64.6M | 150x | as long as short |
| Bullet ETH-USD | +0.0091% | 1h | 2,733.1 | −0.026% | $188K | $1.7M | 20x | as long as short |
| MEXC ETH_USDT | +0.0094% | 8h | 2,733.1 | −0.027% | $1.54B | $2.61B | 500x | as long as short |
| Binance ETHUSDT | +0.0095% | 8h | 2,733.1 | −0.027% | $6.33B | $16.11B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,733.8 | 0.000% | $112.8M | $439.0M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,735 | +0.043% | $23.5M | $103.5M | 50x | as long as short |
| Aevo ETH-PERPshort | +0.0096% | 1h | 2,730.5 | −0.121% | $4.9M | $171K | 20x | |
| Aftermath Perps ETHUSD | +0.0100% | 1h | 2,733.7 | −0.004% | $30K | $20K | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,733.8 | 0.000% | $502K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,738.9 | +0.186% | $15.4M | $7.8M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,734 | +0.009% | $14.1M | $104.6M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,735.7 | +0.070% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,735.2 | +0.052% | $32.0M | $332.9M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,733.9 | +0.004% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,734.9 | +0.040% | $1.5M | $16.1M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,731.8 | −0.073% | $164.2M | $349.6M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,733.4 | −0.016% | $3.31B | $9.05B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,733.3 | −0.019% | $2.10B | $2.77B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,733.1 | −0.026% | $15.1M | $41.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,731.2 | −0.095% | $134.1M | $321.9M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,731.3 | −0.091% | $185.7M | $682.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,732.6 | −0.043% | $158.8M | $84.8M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,734.1 | +0.011% | $21.0M | $70.4M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,735.3 | +0.056% | — | $445K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,735.4 | +0.059% | $11.2M | $9.5M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,733.9 | +0.004% | $22K | $21K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,735.9 | +0.077% | $41.0M | $30.1M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,733.4 | −0.014% | $959K | $10.9M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,731.9 | −0.069% | $30.4M | $72.9M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0056% | 1h | 2,734.7 | +0.033% | — | $30.4M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,734.3 | +0.019% | $46.6M | $4.31B | 50x | as long as short |
| RISEx ETH/USDC | +0.0115% | 1h | 2,734.9 | +0.041% | $5.6M | $11.6M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0136% | 1h | 2,733.2 | −0.021% | $243K | $1.4M | 20x | as long as short |
| Orderly PERP_ETH_USDC | +0.0185% | 8h | 2,735.7 | +0.068% | $32.2M | $11.3M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0187% | 1h | 2,733 | −0.029% | $7.3M | $975K | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0210% | 1h | 2,733.5 | −0.009% | $82.2M | $309.8M | 100x | as long as short |
| BloFin ETH-USDT | +0.0380% | 8h | 2,734.4 | +0.022% | $281.2M | $175.8M | 150x | as long as short |
gTrade (Gains Network) ETH/USD
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
01 Exchange ETHUSD
BingX ETH-USDT
ApeX Omni ETHUSDT
Bybit ETHUSDT
HTX ETH-USDT
KuCoin ETHUSDTM
SoDEX ETH-USD
OKX ETH-USDT-SWAP
Aster ETHUSDT
Phemex ETHUSDT
Bullet ETH-USD
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Aftermath Perps ETHUSD
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
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT