ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.037%

Price spread now: RISEx against Hibachi+0.058%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$180.185% of the position

Long on Hibachi Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.077%+$8 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.058%, 7d avg −0.022%

Together, before fees−0.010%+ Points / potential airdropHibachi: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.080% dearer against Hibachi than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.022%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 4 days funding on this pair paid +0.077%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi ETH/USDT-P	2,729.3	0.0232	pay 0.0029% / 1h	6m 04s	$249K	$1.4M	20x
Short	RISEx ETH/USDC	2,730.9	0.0107	get 0.0013% / 1h	6m 04s	$5.6M	$11.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Hibachi. 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 HibachibpFee RISExbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$26.28
Price spread: +0.058% → −0.022%: $8.01
Slippage, 4 orders: −$3.46
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$36.73
Costs to cover: 0.185%
Break-even: never at this rate

Slippage from Hibachi: live order book, 3 min ago; RISEx: 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 Hibachi live order book, 3 min ago	0.02 bp	5.8 bp −$6	9.0 bp −$90	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	0.02 bp	4.5 bp −$5	4.8 bp −$48	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	−0.0335%	43m	2,729.9	+0.023%	$302K	$5.6M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,728.4	−0.032%	$5K	$1K	50x	as long as short
HTX ETH-USDT	−0.0020%	8h	2,729.6	+0.012%	$1.05B	$1.20B	200x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,730.4	+0.040%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,728.7	−0.021%	$816K	$2.9M	25x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,731	+0.063%	$6.1M	$686.4M	4.9x	as long as short
dYdX ETH-USD	+0.0006%	1h	2,731	+0.064%	$10.7M	$42.1M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,730.5	+0.045%	$28.0M	—	200x	as long as short
BingX ETH-USDC	+0.0028%	8h	2,729.8	+0.018%	—	$18.5M	—	as long as short
Bullet ETH-USD	+0.0037%	1h	2,729.9	+0.023%	$178K	$1.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHUSDT	+0.0037%	8h	2,730.3	+0.036%	$2.36B	$4.39B	150x	as long as short
01 Exchange ETHUSD	+0.0048%	1h	2,731	+0.063%	$187K	$815K	50x	as long as short
SunX ETH-USDT	+0.0054%	8h	2,729.4	+0.005%	$957K	$11.2M	100x	as long as short
KuCoin ETHUSDTM	+0.0066%	8h	2,730.2	+0.035%	$377.6M	$574.9M	100x	as long as short
Aster ETHUSDT	+0.0076%	8h	2,730.4	+0.042%	$252.6M	$842.4M	200x	as long as short
Phemex ETHUSDT	+0.0078%	8h	2,730	+0.026%	$264.5M	$63.9M	150x	as long as short
Aevo ETH-PERP	+0.0080%	1h	2,727.6	−0.062%	$4.9M	$155K	20x	as long as short
OKX ETH-USDT-SWAP	+0.0081%	8h	2,730.4	+0.041%	$1.67B	$10.74B	100x	as long as short
MEXC ETH_USDT	+0.0082%	8h	2,730.3	+0.039%	$1.56B	$2.58B	500x	as long as short
Binance ETHUSDT	+0.0082%	8h	2,730.4	+0.039%	$6.33B	$15.95B	150x	as long as short
ApeX Omni ETHUSDT	+0.0089%	1h	2,726.4	−0.107%	$8.7M	$31.1M	100x	as long as short
SoDEX ETH-USD	+0.0094%	1h	2,730.2	+0.034%	$54.4M	$187.8M	40x	as long as short
Lighter ETH	+0.0096%	1h	2,730.7	+0.052%	$112.5M	$436.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,731.9	+0.097%	$23.4M	$104.8M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,731.4	+0.077%	—	$31.0M	500x	as long as short
Injective ETH/USDC PERP	+0.0096%	1h	2,730.8	+0.056%	$117K	$22.5M	52x	as long as short
Aftermath Perps ETHUSD	+0.0098%	1h	2,728.9	−0.015%	$30K	$20K	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,730	+0.027%	$499K	$3.4M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,732	+0.099%	$15.4M	$8.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,730.6	+0.050%	$13.8M	$104.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,732.3	+0.111%	$3.09B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,731.3	+0.073%	$31.9M	$334.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,730.4	+0.041%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,731	+0.062%	$1.5M	$16.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,728.2	−0.039%	$167.8M	$301.9M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,730.5	+0.043%	$3.34B	$8.97B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,730.4	+0.042%	$2.07B	$2.73B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,729.9	+0.021%	$14.9M	$41.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,730	+0.025%	$134.8M	$322.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,726.2	−0.112%	$183.4M	$671.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,726	−0.121%	$158.6M	$86.9M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,726	−0.120%	$21.0M	$72.2M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,730.9	+0.059%	—	$846K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,731.7	+0.089%	$11.2M	$9.5M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,730.7	+0.053%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,731.9	+0.096%	$41.0M	$30.1M	15x	as long as short
Extended ETH-USD	+0.0104%	1h	2,729.7	+0.014%	$30.6M	$73.6M	50x	as long as short
RISEx ETH/USDCshort	+0.0107%	1h	2,730.9	+0.058%	$5.6M	$11.7M	25x
Coinbase International ETH-PERP-INTX	+0.0120%	1h	2,731.5	+0.082%	$50.4M	$4.28B	50x	as long as short
Deribit ETH-PERPETUAL	+0.0142%	1h	2,731.7	+0.089%	$258.4M	$202.5M	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0153%	1h	2,731.1	+0.069%	$83.6M	$316.0M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0190%	8h	2,732.6	+0.121%	$32.1M	$11.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0207%	1h	2,729.5	+0.009%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-Plong	+0.0232%	1h	2,729.3	long leg	$249K	$1.4M	20x
BloFin ETH-USDT	+0.0331%	8h	2,728.3	−0.037%	$281.7M	$174.5M	150x	as long as short