ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0086%/8h= −9.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.022%

Price spread now: StandX against Reya+0.135%7-day average +0.047% · you sell dearer than you buy

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

Long on Reya Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.043%−$4 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.135%, 7d avg +0.047%

Together, before fees−0.147%+ Points / potential airdropReya: Active · StandX: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.089% dearer against Reya than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.047%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 3 days (−0.043% in total) that is about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ETHRUSDPERP	2,728.3	0.0186	pay 0.0023% / 1h	1m 42s	$7.3M	$975K	25x
Short	StandX ETH-USD	2,732	0.0100	get 0.0013% / 1h	1m 42s	$21.0M	$70.2M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Reya. 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 ReyabpFee StandXbpOrdersPrice spread, now +0.135%Rate

Funding earned: −$18.16
Price spread: +0.135% → +0.047%: $8.87
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee StandX: 4 bp × 2 orders: −$8
Net: −$23.28
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; StandX: live order book, 2 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 Reya no order-book sample	—	—	—	—	—
Sell StandX live order book, 2 min ago	1.10 bp	5.8 bp −$6	8.3 bp −$83	12.2 bp −$1,221	doesn't fit

Reya: 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
Hotstuff ETH-PERP	−0.0080%	1h	2,729.1	+0.029%	$5K	$1K	50x	as long as short
Injective ETH/USDC PERP	−0.0040%	1h	2,734.2	+0.216%	$117K	$22.5M	52x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,729.5	+0.044%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,734.4	+0.223%	$814K	$3.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,729.6	+0.048%	$10.5M	$42.8M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,730.3	+0.073%	$6.7M	$682.2M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,728.4	+0.002%	$287K	$5.8M	8.3x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,730	+0.063%	$262.5M	$213.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,729.5	+0.045%	$32.9M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0014%	1h	2,732.5	+0.154%	$8.6M	$31.5M	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	+0.0022%	8h	2,728.6	+0.012%	—	$18.6M	—	as long as short
01 Exchange ETHUSD	+0.0024%	1h	2,729.6	+0.047%	$191K	$890K	50x	as long as short
Bybit ETHUSDT	+0.0026%	8h	2,728.9	+0.023%	$2.33B	$4.38B	150x	as long as short
HTX ETH-USDT	+0.0029%	8h	2,728.9	+0.023%	$1.05B	$1.22B	200x	as long as short
KuCoin ETHUSDTM	+0.0069%	8h	2,729.2	+0.034%	$385.6M	$577.7M	100x	as long as short
SoDEX ETH-USD	+0.0070%	1h	2,729	+0.025%	$54.4M	$187.2M	40x	as long as short
OKX ETH-USDT-SWAP	+0.0080%	8h	2,729.1	+0.029%	$1.65B	$10.85B	100x	as long as short
Aster ETHUSDT	+0.0080%	8h	2,729.2	+0.032%	$252.8M	$847.3M	200x	as long as short
Bullet ETH-USD	+0.0091%	1h	2,729.1	+0.029%	$188K	$1.7M	20x	as long as short
Binance ETHUSDT	+0.0093%	8h	2,729.3	+0.037%	$6.33B	$16.12B	150x	as long as short
Phemex ETHUSDT	+0.0094%	8h	2,729.3	+0.038%	$262.8M	$64.5M	150x	as long as short
MEXC ETH_USDT	+0.0094%	8h	2,729.4	+0.039%	$1.53B	$2.61B	500x	as long as short
Lighter ETH	+0.0096%	1h	2,730	+0.063%	$112.6M	$439.6M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,731.1	+0.101%	$23.5M	$103.5M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,726.4	−0.069%	$4.9M	$174K	20x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,728.9	+0.022%	$501K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,732.9	+0.169%	$15.4M	$7.8M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,728.3	+0.001%	$14.1M	$104.8M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,731.4	+0.113%	$3.10B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,730.3	+0.074%	$32.0M	$332.9M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,728.7	+0.014%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,729.6	+0.047%	$1.5M	$16.1M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,731.8	+0.128%	$164.2M	$349.6M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,729.5	+0.042%	$3.30B	$9.06B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,729.3	+0.035%	$2.10B	$2.77B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,729.2	+0.032%	$15.1M	$41.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,732.5	+0.155%	$134.3M	$320.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,732.3	+0.148%	$185.8M	$683.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,732.5	+0.153%	$158.8M	$83.7M	50x	as long as short
StandX ETH-USDshort	+0.0100%	1h	2,732	+0.135%	$21.0M	$70.2M	40x
Vest ETH-PERP	+0.0100%	1h	2,730.9	+0.095%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,730.4	+0.077%	$11.2M	$9.5M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,729.4	+0.040%	$22K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,732.6	+0.159%	$40.9M	$30.1M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,729	+0.025%	$958K	$10.9M	100x	as long as short
Aftermath Perps ETHUSD	+0.0102%	1h	2,732.1	+0.140%	$30K	$20K	20x	as long as short
Extended ETH-USD	+0.0104%	1h	2,728.5	+0.005%	$30.4M	$73.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,729.2	+0.035%	—	$30.5M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,730.4	+0.077%	$46.5M	$4.30B	50x	as long as short
RISEx ETH/USDC	+0.0115%	1h	2,729.7	+0.050%	$5.6M	$11.6M	25x	as long as short
Hibachi ETH/USDT-P	+0.0120%	1h	2,731.7	+0.126%	$243K	$1.4M	20x	as long as short
Orderly PERP_ETH_USDC	+0.0185%	8h	2,731.3	+0.109%	$32.2M	$11.3M	100x	as long as short
Reya ETHRUSDPERPlong	+0.0186%	1h	2,728.3	long leg	$7.3M	$975K	25x
Kraken Futures PF_ETHUSD	+0.0211%	1h	2,729.7	+0.051%	$82.1M	$309.8M	100x	as long as short
BloFin ETH-USDT	+0.0319%	8h	2,730.2	+0.071%	$281.2M	$176.0M	150x	as long as short