ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0171%/8h= −18.7% APRnext payment −$0.21 per $10,000 · paid last 24h −0.003%

Price spread now: RISEx against Pacifica+0.012%7-day average 0.000% · 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−$15as in the Price arb table

costs, in and out, $10k−$160.159% of the position

Long on Pacifica Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.009%+$1 on $10k

Price spread, last 7 days−0.004%$0 · spread now +0.012%, 7d avg 0.000%

Together, before fees+0.005%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ETH	2,749.6	0.0100	pay 0.0013% / 1h	4m 37s	$31.7M	$334.3M	50x
Short	RISEx ETH/USDC	2,749.9	−0.0071	pay 0.0009% / 1h	4m 37s	$5.7M	$11.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Pacifica. 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 PacificabpFee RISExbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$35.94
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: −$1.93
Fee Pacifica: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$50.65
Costs to cover: 0.159%
Break-even: never at this rate

Slippage from Pacifica: live order book, 5 min ago; RISEx: live order book, 5 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 Pacifica live order book, 5 min ago	0.18 bp	4.4 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	0.02 bp	4.3 bp −$4	5.3 bp −$53	doesn't fit	doesn't fit

ETH on 54 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	−0.0112%	43m	2,746.6	−0.111%	$310K	$5.8M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,747.2	−0.087%	$5K	$1K	50x	as long as short
RISEx ETH/USDCshort	−0.0071%	1h	2,749.9	+0.012%	$5.7M	$11.2M	25x
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,747.3	−0.084%	$12.1M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,748.4	−0.044%	$848K	$3.1M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,749.4	−0.008%	$10.8M	$42.0M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,747.3	−0.085%	$22.2M	—	200x	as long as short
01 Exchange ETHUSD	+0.0040%	1h	2,750	+0.015%	$182K	$999K	50x	as long as short
BingX ETH-USDT	+0.0041%	8h	2,749.6	−0.001%	—	$1.17B	—	as long as short
OKX ETH-USDT-SWAP	+0.0052%	8h	2,749.5	−0.003%	$1.70B	$10.79B	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ETHUSDTM	+0.0067%	8h	2,747.7	−0.068%	$369.8M	$605.2M	100x	as long as short
Aster ETHUSDT	+0.0071%	8h	2,748	−0.057%	$253.2M	$849.8M	200x	as long as short
HTX ETH-USDT	+0.0075%	8h	2,746.8	−0.100%	$1.06B	$1.19B	200x	as long as short
ApeX Omni ETHUSDT	+0.0077%	1h	2,745.4	−0.152%	$8.7M	$31.4M	100x	as long as short
MEXC ETH_USDT	+0.0080%	8h	2,749.2	−0.016%	$1.58B	$2.59B	500x	as long as short
Aevo ETH-PERP	+0.0080%	1h	2,744.6	−0.181%	$4.9M	$167K	20x	as long as short
Binance ETHUSDT	+0.0081%	8h	2,749.2	−0.016%	$6.39B	$16.01B	150x	as long as short
Coinbase International ETH-PERP-INTX	+0.0088%	1h	2,747.9	−0.060%	$58.7M	$4.31B	50x	as long as short
Lighter ETH	+0.0096%	1h	2,749.5	−0.004%	$113.2M	$445.4M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,749.7	+0.005%	$24.8M	$108.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,747.3	−0.083%	—	$31.6M	500x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,752.3	+0.099%	$16.2M	$8.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,749	−0.022%	$477K	$2.9M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,745.9	−0.136%	$13.9M	$108.5M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,750	+0.015%	$3.13B	$2.05B	25x	as long as short
Pacifica ETHlong	+0.0100%	1h	2,749.6	long leg	$31.7M	$334.3M	50x
Bybit ETHUSDT	+0.0100%	8h	2,749.3	−0.011%	$2.47B	$4.24B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,748.8	−0.029%	$2.7M	$16.9M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,750	+0.013%	$2.8M	$16.4M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,749.9	+0.009%	$3.40B	$8.95B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,749.6	0.000%	$2.08B	$2.77B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,745.9	−0.135%	$15.0M	$41.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,746.2	−0.125%	$132.8M	$343.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,745.3	−0.158%	$181.9M	$700.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,743.3	−0.229%	$159.5M	$82.2M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,747.1	−0.091%	$21.2M	$69.1M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,747.8	−0.066%	—	$849K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,747.6	−0.073%	$10.7M	$8.6M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,746.9	−0.100%	$182K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,747	−0.095%	$21K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,748.7	−0.034%	$41.6M	$29.6M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,746.3	−0.120%	$963K	$12.1M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,746.8	−0.102%	$54.7M	$187.7M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,746.9	−0.097%	$267.5M	$65.8M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,746.2	−0.123%	$164.3M	$302.6M	25x	as long as short
Aftermath Perps ETHUSD	+0.0103%	1h	2,746.8	−0.102%	$30K	$20K	20x	as long as short
Extended ETH-USD	+0.0104%	1h	2,748.9	−0.025%	$30.6M	$73.2M	50x	as long as short
Kalshi KXETHPERP	+0.0148%	8h	2,747.2	−0.087%	$7.8M	$672.4M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0179%	8h	2,749.4	−0.009%	$32.3M	$11.1M	100x	as long as short
Deribit ETH-PERPETUAL	+0.0201%	1h	2,748.3	−0.046%	$258.9M	$198.1M	50x	as long as short
Injective ETH/USDC PERP	+0.0209%	1h	2,744.7	−0.178%	$118K	$22.5M	52x	as long as short
Reya ETHRUSDPERP	+0.0222%	1h	2,746.7	−0.106%	$7.3M	$1.1M	25x	as long as short
Hibachi ETH/USDT-P	+0.0224%	1h	2,748.2	−0.051%	$250K	$1.5M	20x	as long as short
Kraken Futures PF_ETHUSD	+0.0354%	1h	2,747.7	−0.070%	$88.2M	$315.1M	100x	as long as short