Funding you earn now, next payment 23:00 UTC+0.0427%/8h= +46.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.016%
Price spread now: Bluefin against RISEx+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bluefin is 0.023% dearer against RISEx than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ETH/USDC | 2,773.4 | −0.0085 | get 0.0011% / 1h | 46m 27s | $5.8M | $12.0M | 25x |
| Short | Bluefin ETH-PERP | 2,774 | 0.0342 | get 0.0043% / 1h | 46m 27s | $21K | $25K | 25x |
RISEx ETH/USDC
Bluefin ETH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against RISEx. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $89.75
- Price spread: +0.023% → 0.000%
- $2.3
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- $79.05
- Costs to cover
- 0.130%
- Break-even
- 0.8 days
Slippage unknown: RISEx: live order book, 3 min ago; Bluefin: no order-book sample. 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 RISEx live order book, 3 min ago | 0.02 bp | 3.5 bp −$4 | 4.1 bp −$41 | 349.3 bp −$34.9K | doesn't fit |
| Sell Bluefin no order-book sample | — | — | — | — | — |
Bluefin: 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 | 2,773.9 | +0.020% | $289K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDClong | −0.0085% | 1h | 2,773.4 | long leg | $5.8M | $12.0M | 25x | |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,775.3 | +0.070% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,762.7 | −0.384% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,773.8 | +0.016% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0007% | 1h | 2,773.3 | −0.003% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,774.5 | +0.040% | $12.7M | $45.5M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,772.5 | −0.031% | $884K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,775.1 | +0.061% | $22.4M | — | 200x | as long as short |
| Phemex ETHUSDT | +0.0016% | 8h | 2,772.8 | −0.021% | $267.1M | $65.7M | 150x | as long as short |
Perpl ETH
Hotstuff ETH-PERP
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
dYdX ETH-USD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Phemex ETHUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDT | +0.0017% | 8h | 2,774.2 | +0.031% | — | $1.18B | — | as long as short |
| OKX ETH-USDT-SWAP | +0.0020% | 8h | 2,773.4 | 0.000% | $1.71B | $11.81B | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0028% / S +0.0009% | 1h | 2,775 | +0.058% | $13.2M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0031% | 8h | 2,774.1 | +0.028% | $256.5M | $991.2M | 200x | as long as short |
| Bullet ETH-USD | +0.0035% | 1h | 2,774.1 | +0.027% | $181K | $1.8M | 20x | as long as short |
| Nado ETH-PERP | +0.0038% | 1h | 2,773.6 | +0.008% | $14.3M | $118.0M | 50x | as long as short |
| Aevo ETH-PERP | +0.0048% | 1h | 2,771.4 | −0.069% | $5.0M | $636K | 20x | as long as short |
| MEXC ETH_USDT | +0.0052% | 8h | 2,774.1 | +0.026% | $1.61B | $2.64B | 500x | as long as short |
| Binance ETHUSDT | +0.0054% | 8h | 2,774.4 | +0.036% | $6.44B | $17.13B | 150x | as long as short |
| Bitget ETHUSDT | +0.0073% | 8h | 2,773.6 | +0.009% | $2.10B | $3.10B | 150x | as long as short |
| Hibachi ETH/USDT-P | +0.0080% | 1h | 2,775.2 | +0.065% | $287K | $1.5M | 20x | as long as short |
| Gate ETH_USDT | +0.0081% | 8h | 2,774.2 | +0.030% | $3.29B | $9.55B | 200x | as long as short |
| SoDEX ETH-USD | +0.0085% | 1h | 2,772.9 | −0.017% | $55.2M | $228.7M | 40x | as long as short |
| HTX ETH-USDT | +0.0096% | 8h | 2,773.7 | +0.014% | $1.08B | $1.32B | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,773.9 | +0.020% | $115.1M | $496.4M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,775.1 | +0.064% | $25.4M | $120.8M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,774.9 | +0.055% | — | $41.3M | 500x | as long as short |
| Bybit ETHUSDT | +0.0099% | 8h | 2,773.5 | +0.006% | $2.51B | $4.61B | 150x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,773.5 | +0.003% | $15.9M | $10.6M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,773.4 | +0.001% | $480K | $2.8M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,776.2 | +0.102% | $3.19B | $2.38B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,774 | +0.024% | $31.2M | $295.5M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,773 | −0.013% | $2.8M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,775.3 | +0.071% | $2.8M | $17.4M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.6 | −0.100% | $166.0M | $246.3M | 25x | as long as short |
| KuCoin ETHUSDTM | +0.0100% | 8h | 2,773.5 | +0.006% | $424.4M | $738.0M | 100x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,774.7 | +0.047% | $15.3M | $44.0M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,770.1 | −0.118% | $135.6M | $326.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,770.7 | −0.097% | $179.6M | $779.4M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,771.6 | −0.062% | $161.2M | $94.7M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,771 | −0.086% | $8.7M | $32.7M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,774.6 | +0.045% | $21.4M | $57.9M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,774.2 | +0.030% | — | $1.1M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,775.2 | +0.066% | $10.8M | $7.7M | 50x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,775.4 | +0.075% | $42.7M | $29.3M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,772.4 | −0.034% | $972K | $14.0M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,772.7 | −0.023% | $31.4M | $74.8M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,774.4 | +0.036% | $60.2M | $4.60B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0108% | 8h | 2,774.2 | +0.030% | $8.6M | $673.5M | 4.9x | as long as short |
| Deribit ETH-PERPETUAL | +0.0111% | 1h | 2,774.8 | +0.053% | $258.4M | $223.9M | 50x | as long as short |
| Orderly PERP_ETH_USDC | +0.0139% | 8h | 2,775.8 | +0.086% | $32.6M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0170% | 1h | 2,773.9 | +0.018% | $86.1M | $330.6M | 100x | as long as short |
| BloFin ETH-USDT | +0.0172% | 8h | 2,772.8 | −0.019% | $285.2M | $194.7M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0188% | 1h | 2,773.8 | +0.015% | $7.4M | $1.1M | 25x | as long as short |
| Bluefin ETH-PERPshort | +0.0342% | 1h | 2,774 | +0.023% | $21K | $25K | 25x |
BingX ETH-USDT
OKX ETH-USDT-SWAP
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Bullet ETH-USD
Nado ETH-PERP
Aevo ETH-PERP
MEXC ETH_USDT
Binance ETHUSDT
Bitget ETHUSDT
Hibachi ETH/USDT-P
Gate ETH_USDT
SoDEX ETH-USD
HTX ETH-USDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Bybit ETHUSDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
KuCoin ETHUSDTM
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Deribit ETH-PERPETUAL
Orderly PERP_ETH_USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT
Reya ETHRUSDPERP