ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.11 per $10,000 · paid last 24h −0.027%

Price spread now: gTrade (Gains Network) against Jupiter Perps−0.017%7-day average −0.003% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Jupiter Perps Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.084%−$8 on $10k

Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.017%, 7d avg −0.003%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, 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	Jupiter Perps ETH-PERP	2,779.7	L +0.0096% / S +0.0048%	pay 0.0012% / 1h	20m 28s	—	$41.6M	500x
Short	gTrade (Gains Network) ETH/USD	2,779.3	L +0.0006% / S −0.0006%	get 0.0001% / 1h	20m 28s	$22.4M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Jupiter Perps. 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 Jupiter PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.017%Rate

Funding earned: −$18.92
Price spread: −0.017% → −0.003%: −$1.34
Slippage, 4 orders: no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: −$39.26
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Jupiter Perps: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 4 min ago. 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 Jupiter Perps no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago	0.52 bp	4.0 bp −$4	4.1 bp −$41	5.0 bp −$502	8.9 bp −$4,454

Jupiter Perps: 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	−0.0447%	43m	2,779.2	−0.017%	$288K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,778.5	−0.043%	$5.7M	$12.1M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,779.7	0.000%	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,771.8	−0.285%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,779	−0.026%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0019%	1h	2,777.5	−0.080%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,780.8	+0.040%	$12.7M	$45.6M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,779.6	−0.004%	$886K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USDshort	L +0.0006% / S −0.0006%	1h	2,779.3	−0.017%	$22.4M	—	200x
Phemex ETHUSDT	+0.0015%	8h	2,781.2	+0.053%	$270.5M	$68.7M	150x	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	+0.0017%	8h	2,778.5	−0.043%	—	$17.4M	—	as long as short
OKX ETH-USDT-SWAP	+0.0019%	8h	2,776.6	−0.113%	$1.71B	$11.89B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,779.2	−0.017%	$13.0M	—	200x	as long as short
Aster ETHUSDT	+0.0038%	8h	2,778.9	−0.030%	$256.8M	$991.9M	200x	as long as short
Bullet ETH-USD	+0.0038%	1h	2,778.6	−0.041%	$181K	$1.7M	20x	as long as short
Nado ETH-PERP	+0.0058%	1h	2,778.5	−0.044%	$14.4M	$118.1M	50x	as long as short
MEXC ETH_USDT	+0.0062%	8h	2,778.7	−0.037%	$1.62B	$2.67B	500x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,779.2	−0.017%	$5.0M	$636K	20x	as long as short
Binance ETHUSDT	+0.0065%	8h	2,778.6	−0.040%	$6.44B	$17.20B	150x	as long as short
Bitget ETHUSDT	+0.0070%	8h	2,778.6	−0.041%	$2.10B	$3.10B	150x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,778.4	−0.048%	$3.29B	$9.64B	200x	as long as short
SoDEX ETH-USD	+0.0080%	1h	2,781.1	+0.050%	$55.4M	$228.9M	40x	as long as short
ApeX Omni ETHUSDT	+0.0091%	1h	2,773.6	−0.220%	$8.8M	$32.6M	100x	as long as short
Bybit ETHUSDT	+0.0093%	8h	2,777.1	−0.095%	$2.52B	$4.62B	150x	as long as short
HTX ETH-USDT	+0.0095%	8h	2,780.6	+0.030%	$1.08B	$1.32B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,779.5	−0.009%	$115.4M	$501.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,781	+0.046%	$25.4M	$121.6M	50x	as long as short
Jupiter Perps ETH-PERPlong	L +0.0096% / S +0.0048%	1h	2,779.7	long leg	—	$41.6M	500x
KuCoin ETHUSDTM	+0.0097%	8h	2,778.8	−0.033%	$423.1M	$739.7M	100x	as long as short
Deribit ETH-PERPETUAL	+0.0099%	1h	2,782.7	+0.107%	$258.4M	$222.4M	50x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,779.4	−0.010%	$16.0M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,778.6	−0.040%	$478K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,781	+0.046%	$3.19B	$2.36B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,779.5	−0.009%	$31.3M	$299.8M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,778.2	−0.054%	$2.8M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,780.2	+0.018%	$2.7M	$17.5M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,778.9	−0.029%	$165.9M	$253.8M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,779	−0.026%	$15.2M	$44.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,771.9	−0.281%	$137.1M	$324.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,772.2	−0.271%	$181.4M	$782.7M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,775	−0.168%	$161.4M	$91.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,778.8	−0.033%	$21.5M	$58.1M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,779.5	−0.008%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,780	+0.010%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,777.8	−0.068%	$21K	$24K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,783	+0.120%	$42.8M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,779.7	−0.001%	$974K	$14.0M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,777.8	−0.069%	$32.6M	$77.7M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,782.6	+0.104%	$60.0M	$4.61B	50x	as long as short
Kalshi KXETHPERP	+0.0125%	8h	2,781.3	+0.057%	$8.5M	$678.7M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0136%	8h	2,779.4	−0.010%	$32.6M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0169%	1h	2,782.4	+0.098%	$86.2M	$332.3M	100x	as long as short
BloFin ETH-USDT	+0.0182%	8h	2,780.5	+0.027%	$286.0M	$195.0M	150x	as long as short
Reya ETHRUSDPERP	+0.0192%	1h	2,778.5	−0.043%	$7.4M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0216%	1h	2,781.9	+0.079%	$271K	$1.5M	20x	as long as short