ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%

Price spread now: Reya against RISEx+0.002%171s7-day average −0.035% · you sell dearer than you buy

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

Long on RISEx Short on Reya

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−0.043%−$4 · spread now +0.002%, 7d avg −0.035%

Together, before fees0.000%+ Points / potential airdropReya: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.037% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%. The two prices were read 171 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ETH/USDC	2,732.2	0.0115	pay 0.0014% / 1h	23m 37s	$5.6M	$11.6M	25x
Short	Reya ETHRUSDPERP	2,732.3	0.0190	get 0.0024% / 1h	23m 37s	$7.3M	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 RISExbpFee ReyabpOrdersPrice spread, now +0.002%Rate

Funding earned: $15.81
Price spread: +0.002% → −0.035%: $3.74
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Reya: 3 bp × 2 orders: −$6
Net: $7.56
Costs to cover: 0.120%
Break-even: 3.7 days

Slippage unknown: RISEx: live order book, 6 min ago; Reya: 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, 6 min ago	0.02 bp	4.2 bp −$4	4.6 bp −$46	280.5 bp −$28.0K	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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
Perpl ETH	−0.0112%	43m	2,733.6	+0.049%	$288K	$5.8M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,733.4	+0.043%	$5K	$1K	50x	as long as short
Injective ETH/USDC PERP	−0.0040%	1h	2,727.6	−0.169%	$117K	$22.5M	52x	as long as short
ApeX Omni ETHUSDT	−0.0018%	1h	2,730	−0.080%	$8.6M	$31.5M	100x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,732.9	+0.023%	$12.0M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,733.3	+0.040%	$813K	$3.0M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,733.7	+0.054%	$10.5M	$42.9M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,732.1	−0.004%	$6.5M	$686.2M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,734	+0.065%	$262.6M	$214.6M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,733	+0.029%	$33.0M	—	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ETHUSD	+0.0016%	1h	2,732.1	−0.004%	$191K	$893K	50x	as long as short
HTX ETH-USDT	+0.0017%	8h	2,733.2	+0.035%	$1.05B	$1.23B	200x	as long as short
BingX ETH-USDT	+0.0025%	8h	2,731.9	−0.011%	—	$1.10B	—	as long as short
Bybit ETHUSDT	+0.0030%	8h	2,731.7	−0.018%	$2.34B	$4.41B	150x	as long as short
KuCoin ETHUSDTM	+0.0068%	8h	2,731.9	−0.011%	$375.0M	$577.1M	100x	as long as short
Aster ETHUSDT	+0.0083%	8h	2,731.7	−0.020%	$252.5M	$849.0M	200x	as long as short
OKX ETH-USDT-SWAP	+0.0085%	8h	2,731.7	−0.018%	$1.65B	$10.93B	100x	as long as short
SoDEX ETH-USD	+0.0090%	1h	2,732.9	+0.025%	$54.4M	$187.2M	40x	as long as short
MEXC ETH_USDT	+0.0092%	8h	2,731.9	−0.013%	$1.54B	$2.60B	500x	as long as short
Binance ETHUSDT	+0.0093%	8h	2,731.9	−0.013%	$6.33B	$16.16B	150x	as long as short
SunX ETH-USDT	+0.0094%	8h	2,730.9	−0.047%	$959K	$11.0M	100x	as long as short
Aftermath Perps ETHUSD	+0.0095%	1h	2,730.5	−0.063%	$30K	$20K	20x	as long as short
Lighter ETH	+0.0096%	1h	2,732.4	+0.006%	$112.2M	$435.7M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,733.7	+0.055%	$23.5M	$103.2M	50x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,730.7	−0.057%	$4.9M	$157K	20x	as long as short
Phemex ETHUSDT	+0.0098%	8h	2,732.6	+0.013%	$263.3M	$64.6M	150x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,731.6	−0.023%	$511K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,737	+0.176%	$15.3M	$7.9M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,731.4	−0.029%	$14.1M	$105.1M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,734.2	+0.073%	$3.11B	$2.04B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,733	+0.027%	$32.0M	$332.7M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,731.5	−0.026%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,732.1	−0.004%	$1.5M	$16.3M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,732	−0.007%	$3.30B	$9.01B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.7	−0.020%	$2.09B	$2.77B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,733	+0.030%	$15.1M	$42.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,731.9	−0.011%	$134.0M	$323.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,729.1	−0.114%	$185.6M	$681.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,730.5	−0.063%	$158.7M	$85.9M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,733.8	+0.058%	$21.0M	$70.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,733.7	+0.055%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,733	+0.029%	$11.2M	$9.5M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,732.2	+0.001%	$179K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,733.7	+0.054%	$22K	$21K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,727.3	−0.180%	$40.9M	$30.3M	15x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,726.2	−0.220%	$161.6M	$349.5M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,731	−0.044%	$30.4M	$73.9M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,731.4	−0.032%	—	$30.5M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,734.2	+0.073%	$49.2M	$4.32B	50x	as long as short
RISEx ETH/USDClong	+0.0115%	1h	2,732.2	long leg	$5.6M	$11.6M	25x
Orderly PERP_ETH_USDC	+0.0186%	8h	2,735.8	+0.131%	$32.2M	$11.4M	100x	as long as short
Reya ETHRUSDPERPshort	+0.0190%	1h	2,732.3	+0.002%	$7.3M	$1.1M	25x
Kraken Futures PF_ETHUSD	+0.0210%	1h	2,733.5	+0.048%	$82.4M	$312.5M	100x	as long as short
Hibachi ETH/USDT-P	+0.0216%	1h	2,734.6	+0.087%	$245K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0365%	8h	2,732.9	+0.024%	$281.8M	$175.7M	150x	as long as short