ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.021%

Price spread now: RISEx against gTrade (Gains Network)−0.025%7-day average 0.000% · 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−$18as in the Price arb table

costs, in and out, $10k−$160.158% of the position

Long on gTrade (Gains Network)Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.025%, 7d avg 0.000%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.026% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 22 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	2,731.4	L +0.0007% / S −0.0007%	pay 0.0001% / 1h	38m 03s	$27.0M	—	200x
Short	RISEx ETH/USDC	2,730.7	0.0099	get 0.0012% / 1h	38m 03s	$5.6M	$11.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.025%Rate

Funding earned: $19.37
Price spread: −0.025% → 0.000%: −$2.56
Slippage, 4 orders: −$2.85
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $0.96
Costs to cover: 0.158%
Break-even: 6.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; RISEx: live order book, 1 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	0.51 bp	4.0 bp −$4	4.1 bp −$41	5.0 bp −$501	8.9 bp −$4,452
Sell RISEx live order book, 1 min ago	0.02 bp	3.8 bp −$4	4.5 bp −$45	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	2,729.9	−0.057%	$298K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,728.7	−0.099%	$117K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,729.5	−0.070%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,731.2	−0.007%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,729.3	−0.076%	$10.7M	$41.7M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,731.4	0.000%	$188K	$842K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,728.8	−0.095%	$828K	$2.9M	25x	as long as short
Bullet ETH-USD	+0.0004%	1h	2,730.7	−0.027%	$180K	$1.7M	20x	as long as short
gTrade (Gains Network) ETH/USDlong	L +0.0007% / S −0.0007%	1h	2,731.4	long leg	$27.0M	—	200x
ApeX Omni ETHUSDT	+0.0039%	1h	2,729.5	−0.069%	$8.9M	$31.3M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDC	+0.0059%	8h	2,729.9	−0.054%	—	$18.4M	—	as long as short
SoDEX ETH-USD	+0.0062%	1h	2,730.7	−0.026%	$54.4M	$187.6M	40x	as long as short
KuCoin ETHUSDTM	+0.0069%	8h	2,730.5	−0.034%	$380.0M	$576.0M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0072%	8h	2,731	−0.016%	$1.67B	$10.72B	100x	as long as short
HTX ETH-USDT	+0.0074%	8h	2,730	−0.052%	$1.05B	$1.20B	200x	as long as short
Aster ETHUSDT	+0.0078%	8h	2,731.3	−0.004%	$251.5M	$845.1M	200x	as long as short
Bybit ETHUSDT	+0.0082%	8h	2,731	−0.014%	$2.39B	$4.35B	150x	as long as short
Phemex ETHUSDT	+0.0087%	8h	2,730.7	−0.027%	$265.4M	$65.5M	150x	as long as short
Binance ETHUSDT	+0.0088%	8h	2,731.5	+0.003%	$6.35B	$15.88B	150x	as long as short
MEXC ETH_USDT	+0.0088%	8h	2,731.8	+0.015%	$1.52B	$2.55B	500x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,728.7	−0.098%	$4.9M	$155K	20x	as long as short
Lighter ETH	+0.0096%	1h	2,730.6	−0.031%	$112.3M	$436.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,731.6	+0.007%	$23.3M	$105.8M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,730.5	−0.033%	—	$30.8M	500x	as long as short
Paradex ETH-USD-PERP	+0.0098%	8h	2,733.1	+0.061%	$15.5M	$8.0M	50x	as long as short
RISEx ETH/USDCshort	+0.0099%	1h	2,730.7	−0.025%	$5.6M	$11.5M	25x
Katana Perps ETH-USD	+0.0100%	8h	2,730.2	−0.044%	$500K	$3.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,730.5	−0.032%	$13.8M	$104.3M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,732.5	+0.041%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,730.3	−0.040%	$31.9M	$334.3M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,727.6	−0.139%	$2.7M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,730.6	−0.029%	$2.8M	$16.2M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,731.2	−0.007%	$3.35B	$8.84B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.2	−0.009%	$2.07B	$2.75B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,730.5	−0.033%	$15.0M	$39.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,729.3	−0.078%	$133.2M	$325.2M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,730.8	−0.022%	$183.7M	$669.7M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,730.6	−0.029%	$158.9M	$86.8M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,730	−0.051%	$21.1M	$68.9M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,732.1	+0.026%	$11.2M	$9.1M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,732.8	+0.052%	$41.3M	$29.8M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,729.9	−0.055%	$958K	$11.4M	100x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,730.9	−0.018%	$166.8M	$318.0M	25x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,731.3	−0.005%	—	$843K	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,730.2	−0.043%	$30.3M	$72.7M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,732	+0.022%	$51.2M	$4.26B	50x	as long as short
Deribit ETH-PERPETUAL	+0.0113%	1h	2,731.9	+0.018%	$260.1M	$196.7M	50x	as long as short
Aftermath Perps ETHUSD	+0.0126%	1h	2,731.5	+0.002%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0148%	8h	2,728.9	−0.092%	$6.5M	$678.7M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0193%	8h	2,733.4	+0.073%	$32.2M	$11.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0222%	1h	2,729.7	−0.061%	$7.3M	$1.2M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,731.4	−0.001%	$84.1M	$314.2M	100x	as long as short
Bluefin ETH-PERP	+0.0236%	1h	2,731.3	−0.003%	$21K	$20K	25x	as long as short
Hibachi ETH/USDT-P	+0.0256%	1h	2,729.9	−0.054%	$253K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0355%	8h	2,727.1	−0.159%	$282.6M	$174.6M	150x	as long as short