ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.011%

Price spread now: 01 Exchange against RISEx−0.014%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on RISEx Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.077%−$8 on $10k

Price spread, last 7 days−0.003%$0 · spread now −0.014%, 7d avg −0.011%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ETH/USDC	2,746.7	0.0206	pay 0.0026% / 1h	49m 12s	$5.7M	$10.6M	25x
Short	01 Exchange ETHUSD	2,746.3	0.0072	get 0.0009% / 1h	49m 12s	$182K	$914K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.014%Rate

Funding earned: −$28.07
Price spread: −0.014% → −0.011%: −$0.24
Slippage, 4 orders: −$9.33
Fee RISEx: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$50.64
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; 01 Exchange: live order book, 63 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 RISEx live order book, 3 min ago	0.02 bp	3.0 bp −$3	4.2 bp −$42	274.8 bp −$27.5K	doesn't fit
Sell 01 Exchange live order book, 63 min ago	0.18 bp	8.7 bp −$9	11.6 bp −$116	doesn't fit	doesn't fit

ETH on 54 exchanges

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
Hibachi ETH/USDT-P	−0.0112%	1h	2,746.8	+0.005%	$235K	$1.2M	20x	as long as short
ApeX Omni ETHUSDT	−0.0107%	1h	2,746.5	−0.007%	$8.3M	$25.1M	100x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,749.4	+0.099%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0009% / S +0.0043%	1h	2,747.3	+0.022%	$12.2M	—	200x	as long as short
Phoenix ETH	−0.0009%	1h	2,747.6	+0.034%	$808K	$2.8M	25x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,746.2	−0.017%	$7.2M	$660.5M	4.9x	as long as short
Perpl ETH	0.0000%	43m	2,746.2	−0.019%	$272K	$5.0M	8.3x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,747.4	+0.026%	$33.2M	—	200x	as long as short
Bybit ETHUSDT	+0.0008%	8h	2,746	−0.024%	$2.37B	$3.80B	150x	as long as short
OKX ETH-USDT-SWAP	+0.0068%	8h	2,745.6	−0.038%	$1.67B	$9.21B	100x	as long as short

Show all 54 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ETHUSDshort	+0.0072%	1h	2,746.3	−0.014%	$182K	$914K	50x
Gate ETH_USDT	+0.0081%	8h	2,745.4	−0.047%	$3.26B	$7.69B	200x	as long as short
Aster ETHUSDT	+0.0083%	8h	2,745.8	−0.033%	$257.7M	$718.9M	200x	as long as short
MEXC ETH_USDT	+0.0088%	8h	2,745.8	−0.033%	$1.60B	$2.34B	500x	as long as short
KuCoin ETHUSDTM	+0.0088%	8h	2,745.8	−0.030%	$365.2M	$440.4M	100x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,743.1	−0.130%	$4.9M	$215K	20x	as long as short
Binance ETHUSDT	+0.0089%	8h	2,745.8	−0.033%	$6.41B	$13.99B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,746.2	−0.018%	$113.7M	$385.0M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,747.6	+0.033%	$23.6M	$94.1M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,746.4	−0.011%	—	$23.6M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0096%	1h	2,746.9	+0.007%	$46.2M	$3.89B	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,745.2	−0.054%	$509K	$3.4M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,745.6	−0.038%	$14.6M	$94.6M	50x	as long as short
Pacifica ETH	+0.0100%	1h	2,746.8	+0.003%	$32.1M	$322.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,746.1	−0.021%	$2.8M	$14.2M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,746.7	+0.002%	$1.5M	$14.3M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,749.3	+0.094%	$164.5M	$330.2M	25x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,745.4	−0.048%	$2.11B	$2.30B	150x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,744.4	−0.083%	—	$18.5M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,745.8	−0.033%	$14.9M	$36.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,745.8	−0.031%	$132.4M	$287.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,745.8	−0.031%	$185.0M	$608.1M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,748.2	+0.055%	$159.9M	$69.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,747.1	+0.015%	$21.1M	$75.6M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,747.2	+0.021%	—	$348K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,747.2	+0.019%	$11.3M	$8.6M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,745.6	−0.039%	$177K	$1.7M	20x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,746.3	−0.015%	$20K	$14K	25x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,745.5	−0.045%	$946K	$8.6M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,745.8	−0.032%	$61.8M	$121.6M	40x	as long as short
HTX ETH-USDT	+0.0100%	8h	2,745.8	−0.032%	$1.05B	$1.04B	200x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,746.1	−0.021%	$263.8M	$56.4M	150x	as long as short
Extended ETH-USD	+0.0104%	1h	2,744.7	−0.073%	$30.3M	$65.3M	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0105%	1h	2,746.2	−0.016%	$82.5M	$272.7M	100x	as long as short
Deribit ETH-PERPETUAL	+0.0107%	1h	2,746.9	+0.007%	$266.9M	$184.3M	50x	as long as short
Aftermath Perps ETHUSD	+0.0109%	1h	2,747.6	+0.032%	$30K	$8K	20x	as long as short
Reya ETHRUSDPERP	+0.0156%	1h	2,745.5	−0.044%	$7.3M	$832K	25x	as long as short
dYdX ETH-USD	+0.0170%	1h	2,746.3	−0.014%	$15.2M	$42.6M	50x	as long as short
Orderly PERP_ETH_USDC	+0.0174%	8h	2,747.9	+0.043%	$32.4M	$9.9M	100x	as long as short
RISEx ETH/USDClong	+0.0206%	1h	2,746.7	long leg	$5.7M	$10.6M	25x
Hyperliquid ETH	+0.0258%	1h	2,748.9	+0.081%	$3.15B	$1.73B	25x	as long as short
BloFin ETH-USDT	+0.0352%	8h	2,746	−0.025%	$284.4M	$149.4M	150x	as long as short
Injective ETH/USDC PERP	+0.0461%	1h	2,750.7	+0.146%	$180K	$21.7M	52x	as long as short
Paradex ETH-USD-PERP	+0.0555%	8h	2,749.8	+0.114%	$15.9M	$6.2M	50x	as long as short