ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.010%

Price spread now: ApeX Omni against 01 Exchange+0.161%55s7-day average 0.000% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.262% of the position

Long on 01 Exchange Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.062%−$6 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.161%, 7d avg 0.000%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.161% dearer against 01 Exchange than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 3 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour. The two prices were read 55 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	01 Exchange ETHUSD	2,771.4	−0.0048	get 0.0006% / 1h	12m 11s	$171K	$1.2M	50x
Short	ApeX Omni ETHUSDT	2,775.9	0.0040	get 0.0005% / 1h	12m 11s	$8.8M	$32.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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 01 ExchangebpFee ApeX OmnibpOrdersPrice spread, now +0.161%Rate

Funding earned: $18.45
Price spread: +0.161% → 0.000%: $16.06
Slippage, 4 orders: −$9.19
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $8.32
Costs to cover: 0.262%
Break-even: 3.8 days

Slippage from 01 Exchange: live order book, 2 min ago; ApeX Omni: live order book, 2 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 01 Exchange live order book, 2 min ago	0.18 bp	10.5 bp −$10	19.9 bp −$199	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	0.07 bp	5.1 bp −$5	5.6 bp −$56	16.4 bp −$1,639	73.1 bp −$36.6K

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	2,770.9	−0.017%	$289K	$6.9M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0107%	1h	2,776.2	+0.173%	$119K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,772.2	+0.029%	$5K	$2K	50x	as long as short
01 Exchange ETHUSDlong	−0.0048%	1h	2,771.4	long leg	$171K	$1.2M	50x
Phoenix ETH	−0.0023%	1h	2,775.9	+0.162%	$886K	$3.7M	25x	as long as short
RISEx ETH/USDC	−0.0011%	1h	2,771.3	−0.003%	$5.8M	$11.7M	25x	as long as short
dYdX ETH-USD	0.0000%	1h	2,773.3	+0.068%	$12.7M	$45.5M	50x	as long as short
Aftermath Perps ETHUSD	+0.0003%	1h	2,775.9	+0.163%	$29K	$22K	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,771.4	0.000%	$22.4M	—	200x	as long as short
Deribit ETH-PERPETUAL	+0.0021%	1h	2,772.1	+0.026%	$258.5M	$225.1M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETH-USDT-SWAP	+0.0022%	8h	2,770	−0.051%	$1.71B	$11.89B	100x	as long as short
Phemex ETHUSDT	+0.0025%	8h	2,770.7	−0.027%	$266.9M	$66.1M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0028% / S +0.0009%	1h	2,771.3	−0.002%	$13.2M	—	200x	as long as short
Aster ETHUSDT	+0.0036%	8h	2,770.4	−0.035%	$256.2M	$995.6M	200x	as long as short
ApeX Omni ETHUSDTshort	+0.0040%	1h	2,775.9	+0.161%	$8.8M	$32.7M	100x
Aevo ETH-PERP	+0.0048%	1h	2,768.6	−0.101%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDT	+0.0051%	8h	2,770.2	−0.043%	$1.59B	$2.69B	500x	as long as short
Binance ETHUSDT	+0.0051%	8h	2,770.2	−0.043%	$6.44B	$17.23B	150x	as long as short
Gate ETH_USDT	+0.0075%	8h	2,770.3	−0.039%	$3.28B	$9.69B	200x	as long as short
Bitget ETHUSDT	+0.0076%	8h	2,770.1	−0.045%	$2.10B	$3.13B	150x	as long as short
Bullet ETH-USD	+0.0084%	1h	2,770.7	−0.026%	$183K	$1.8M	20x	as long as short
Lighter ETH	+0.0096%	1h	2,771.2	−0.008%	$114.7M	$515.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,772.4	+0.035%	$25.4M	$123.1M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,773.1	+0.062%	—	$41.7M	500x	as long as short
Variational Omni ETH	+0.0098%	8h	2,776.8	+0.196%	$141.1M	$320.7M	—	as long as short
HTX ETH-USDT	+0.0100%	8h	2,770.5	−0.031%	$1.08B	$1.32B	200x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,771.2	−0.007%	$15.9M	$10.8M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,771.5	+0.004%	$486K	$2.7M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,771.5	+0.003%	$15.2M	$117.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,773.3	+0.069%	$3.19B	$2.40B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,772.1	+0.025%	$31.3M	$289.2M	50x	as long as short
Bybit ETHUSDT	+0.0100%	8h	2,770.1	−0.048%	$2.51B	$4.64B	150x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,770.5	−0.032%	$2.9M	$16.6M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,773.3	+0.067%	$2.8M	$17.4M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,778.1	+0.241%	$165.4M	$253.6M	25x	as long as short
KuCoin ETHUSDTM	+0.0100%	8h	2,770.7	−0.026%	$422.0M	$742.2M	100x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,770.1	−0.049%	—	$17.3M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,770.6	−0.030%	$15.4M	$42.9M	50x	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,776.1	+0.169%	$179.9M	$795.5M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,779.2	+0.282%	$161.6M	$97.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,775.5	+0.148%	$21.4M	$57.8M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,772.5	+0.039%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,772.3	+0.032%	$10.8M	$7.8M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,771.9	+0.017%	$21K	$25K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,772.9	+0.056%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,770	−0.051%	$971K	$14.2M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,770.5	−0.032%	$55.2M	$228.6M	40x	as long as short
Extended ETH-USD	+0.0104%	1h	2,769.9	−0.053%	$31.4M	$75.4M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,771.9	+0.019%	$59.9M	$4.62B	50x	as long as short
Kalshi KXETHPERP	+0.0120%	8h	2,772.4	+0.036%	$8.5M	$674.2M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0135%	8h	2,773.2	+0.066%	$32.5M	$12.0M	100x	as long as short
BloFin ETH-USDT	+0.0171%	8h	2,772.3	+0.031%	$285.5M	$195.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0184%	1h	2,771	−0.013%	$7.3M	$1.1M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0240%	1h	2,771.7	+0.012%	$86.8M	$330.8M	100x	as long as short
Hibachi ETH/USDT-P	+0.0456%	1h	2,774.7	+0.120%	$280K	$1.5M	20x	as long as short