ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0185%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h −0.002%

Price spread now: Vest against RISEx−0.016%7-day average +0.013% · you buy dearer than you sell

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

Long on RISEx Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.016%, 7d avg +0.013%

Together, before fees+0.191%+ Points / potential airdropVest: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.029% cheaper against RISEx than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.013%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.027% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ETH/USDC	2,774.7	−0.0085	get 0.0011% / 1h	47m 15s	$5.8M	$12.0M	25x
Short	Vest ETH-PERP	2,774.3	0.0100	get 0.0013% / 1h	47m 15s	—	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against RISEx. 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 RISExbpFee VestbpOrdersPrice spread, now −0.016%Rate

Funding earned: $38.87
Price spread: −0.016% → +0.013%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: $27.98
Costs to cover: 0.080%
Break-even: 2.0 days

Slippage unknown: RISEx: live order book, 2 min ago; Vest: 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, 2 min ago	0.02 bp	3.5 bp −$4	4.1 bp −$41	349.3 bp −$34.9K	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.031%	$289K	$6.9M	8.3x	as long as short
RISEx ETH/USDClong	−0.0085%	1h	2,774.7	long leg	$5.8M	$12.0M	25x
Hotstuff ETH-PERP	−0.0080%	1h	2,775.3	+0.020%	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,762.7	−0.434%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,775.2	+0.017%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0008%	1h	2,772.9	−0.067%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,774.5	−0.009%	$12.7M	$45.5M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,772.5	−0.081%	$884K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,773.7	−0.038%	$22.4M	—	200x	as long as short
Phemex ETHUSDT	+0.0016%	8h	2,772.8	−0.071%	$267.1M	$65.7M	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-USDT	+0.0018%	8h	2,772.9	−0.067%	—	$1.18B	—	as long as short
OKX ETH-USDT-SWAP	+0.0020%	8h	2,772.7	−0.073%	$1.71B	$11.82B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,773.7	−0.037%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0030%	8h	2,774.1	−0.023%	$256.5M	$991.9M	200x	as long as short
Nado ETH-PERP	+0.0033%	1h	2,774	−0.027%	$14.3M	$118.2M	50x	as long as short
Bullet ETH-USD	+0.0033%	1h	2,773	−0.063%	$181K	$1.8M	20x	as long as short
Aevo ETH-PERP	+0.0048%	1h	2,771.4	−0.119%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDT	+0.0052%	8h	2,774.2	−0.019%	$1.62B	$2.64B	500x	as long as short
Binance ETHUSDT	+0.0052%	8h	2,773.2	−0.054%	$6.44B	$17.14B	150x	as long as short
Hibachi ETH/USDT-P	+0.0072%	1h	2,773.3	−0.054%	$287K	$1.5M	20x	as long as short
Bitget ETHUSDT	+0.0073%	8h	2,772.8	−0.072%	$2.10B	$3.11B	150x	as long as short
Gate ETH_USDT	+0.0082%	8h	2,773	−0.064%	$3.29B	$9.55B	200x	as long as short
SoDEX ETH-USD	+0.0085%	1h	2,772.9	−0.066%	$55.2M	$228.7M	40x	as long as short
Lighter ETH	+0.0096%	1h	2,774.7	−0.001%	$115.1M	$496.3M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,776.2	+0.054%	$25.4M	$120.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,773.3	−0.053%	—	$41.3M	500x	as long as short
HTX ETH-USDT	+0.0096%	8h	2,770.9	−0.139%	$1.08B	$1.32B	200x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,774.2	−0.021%	$15.9M	$10.6M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,775.3	+0.020%	$482K	$2.8M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,772.8	−0.069%	$2.51B	$4.61B	150x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,776.3	+0.056%	$3.19B	$2.38B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,775.3	+0.019%	$31.2M	$295.5M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,774.3	−0.016%	$2.8M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,776.5	+0.065%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,770.6	−0.149%	$166.0M	$246.3M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,774.4	−0.012%	$424.5M	$738.0M	100x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,772.6	−0.078%	$15.2M	$43.9M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,770.1	−0.168%	$135.6M	$326.7M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,770.7	−0.146%	$179.6M	$779.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,771.6	−0.112%	$161.2M	$94.7M	50x	as long as short
ApeX Omni ETHUSDT	+0.0100%	1h	2,771	−0.135%	$8.7M	$32.7M	100x	as long as short
StandX ETH-USD	+0.0100%	1h	2,772.8	−0.070%	$21.4M	$57.9M	40x	as long as short
Vest ETH-PERPshort	+0.0100%	1h	2,774.3	−0.016%	—	$1.1M	50x
Polymarket Perps ETH-USD	+0.0100%	1h	2,776	+0.046%	$10.8M	$7.7M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,775.4	+0.025%	$42.7M	$29.3M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,772.4	−0.084%	$972K	$14.0M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,772.2	−0.091%	$31.4M	$74.8M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,774.4	−0.014%	$60.2M	$4.60B	50x	as long as short
Kalshi KXETHPERP	+0.0108%	8h	2,772.4	−0.084%	$8.5M	$673.2M	4.9x	as long as short
Deribit ETH-PERPETUAL	+0.0111%	1h	2,774.8	+0.003%	$258.4M	$223.9M	50x	as long as short
Orderly PERP_ETH_USDC	+0.0139%	8h	2,775.8	+0.037%	$32.6M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,773.9	−0.031%	$86.1M	$330.6M	100x	as long as short
BloFin ETH-USDT	+0.0173%	8h	2,772.9	−0.066%	$285.2M	$194.9M	150x	as long as short
Reya ETHRUSDPERP	+0.0188%	1h	2,773.7	−0.037%	$7.4M	$1.1M	25x	as long as short
Bluefin ETH-PERP	+0.0342%	1h	2,774	−0.027%	$21K	$25K	25x	as long as short