ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Extended against gTrade (Gains Network)−0.067%7-day average −0.054% · 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−$15as in the Price arb table

costs, in and out, $10k−$130.135% of the position

Long on gTrade (Gains Network)Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.099%+$10 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.067%, 7d avg −0.054%

Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ETH/USD	2,719.1	L +0.0007% / S −0.0006%	pay 0.0001% / 1h	33m 36s	$27.9M	—	200x
Short	Extended ETH-USD	2,717.3	0.0104	get 0.0013% / 1h	33m 36s	$30.5M	$74.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 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 gTrade (Gains Network)bpFee ExtendedbpOrdersPrice spread, now −0.067%Rate

Funding earned: $20.47
Price spread: −0.067% → −0.054%: −$1.28
Slippage, 4 orders: −$1.47
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $5.72
Costs to cover: 0.135%
Break-even: 5.0 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Extended: live order book, 6 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), 1 min ago	0.53 bp	4.1 bp −$4	4.1 bp −$41	5.0 bp −$502	8.9 bp −$4,455
Sell Extended live order book, 6 min ago	0.18 bp	2.7 bp −$3	2.7 bp −$27	3.6 bp −$364	11.5 bp −$5,737

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	2,720.4	+0.049%	$282K	$5.7M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,718.8	−0.010%	$5K	$1K	50x	as long as short
HTX ETH-USDT	−0.0011%	8h	2,718	−0.040%	$1.05B	$1.21B	200x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,718.8	−0.012%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0009%	1h	2,721.6	+0.093%	$814K	$3.0M	25x	as long as short
gTrade (Gains Network) ETH/USDlong	L +0.0007% / S −0.0006%	1h	2,719.1	long leg	$27.9M	—	200x
Injective ETH/USDC PERP	+0.0009%	1h	2,721.2	+0.078%	$117K	$22.5M	52x	as long as short
dYdX ETH-USD	+0.0011%	1h	2,718.8	−0.009%	$10.7M	$42.0M	50x	as long as short
Deribit ETH-PERPETUAL	+0.0015%	1h	2,719.5	+0.014%	$258.7M	$206.0M	50x	as long as short
01 Exchange ETHUSD	+0.0032%	1h	2,717.7	−0.051%	$185K	$787K	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	+0.0033%	8h	2,718.1	−0.035%	—	$1.14B	—	as long as short
Bybit ETHUSDT	+0.0042%	8h	2,717.8	−0.046%	$2.34B	$4.42B	150x	as long as short
Aftermath Perps ETHUSD	+0.0066%	1h	2,723.4	+0.159%	$30K	$20K	20x	as long as short
Bullet ETH-USD	+0.0069%	1h	2,718.3	−0.027%	$179K	$1.7M	20x	as long as short
SunX ETH-USDT	+0.0070%	8h	2,717.5	−0.057%	$953K	$11.2M	100x	as long as short
KuCoin ETHUSDTM	+0.0075%	8h	2,717.2	−0.070%	$374.1M	$577.9M	100x	as long as short
Aster ETHUSDT	+0.0085%	8h	2,718.3	−0.028%	$251.6M	$844.4M	200x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,716	−0.112%	$4.9M	$155K	20x	as long as short
OKX ETH-USDT-SWAP	+0.0091%	8h	2,718.2	−0.032%	$1.65B	$10.78B	100x	as long as short
MEXC ETH_USDT	+0.0091%	8h	2,718.1	−0.038%	$1.55B	$2.57B	500x	as long as short
Binance ETHUSDT	+0.0092%	8h	2,717.9	−0.043%	$6.29B	$16.07B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,717.6	−0.053%	$111.2M	$432.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,719	−0.002%	$23.3M	$103.2M	50x	as long as short
Phemex ETHUSDT	+0.0097%	8h	2,718.7	−0.016%	$262.8M	$64.3M	150x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,717.7	−0.051%	$497K	$3.4M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,719.5	+0.014%	$15.2M	$8.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,720	+0.034%	$13.8M	$105.0M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,719.5	+0.015%	$3.08B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,718.4	−0.025%	$31.8M	$334.4M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,717.3	−0.065%	$2.7M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,719	−0.004%	$1.5M	$16.2M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,723.8	+0.175%	$163.8M	$329.7M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,718.6	−0.019%	$3.30B	$8.94B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,718.3	−0.027%	$2.07B	$2.76B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,717.9	−0.043%	$14.9M	$43.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,723.2	+0.153%	$133.0M	$326.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,721.7	+0.096%	$184.3M	$675.8M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,723.6	+0.166%	$158.5M	$87.0M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,723.1	+0.148%	$8.6M	$31.3M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,724.7	+0.207%	$21.0M	$71.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,721.9	+0.103%	—	$876K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,721.1	+0.074%	$11.1M	$9.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,719	−0.001%	$22K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,719.6	+0.021%	$40.8M	$30.1M	15x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,718.3	−0.029%	$54.1M	$187.8M	40x	as long as short
Extended ETH-USDshort	+0.0104%	1h	2,717.3	−0.067%	$30.5M	$74.1M	50x
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0048%	1h	2,720.7	+0.060%	—	$31.3M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,719.4	+0.012%	$49.8M	$4.27B	50x	as long as short
RISEx ETH/USDC	+0.0108%	1h	2,719.2	+0.004%	$5.5M	$11.7M	25x	as long as short
Kalshi KXETHPERP	+0.0159%	8h	2,721.4	+0.085%	$6.4M	$692.0M	4.9x	as long as short
Kraken Futures PF_ETHUSD	+0.0177%	1h	2,718.9	−0.006%	$82.7M	$315.9M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0188%	8h	2,720.6	+0.056%	$32.0M	$11.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0201%	1h	2,718.4	−0.024%	$7.3M	$1.2M	25x	as long as short
BloFin ETH-USDT	+0.0210%	8h	2,724.8	+0.209%	$282.9M	$174.7M	150x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,726.2	+0.263%	$249K	$1.4M	20x	as long as short