ETH funding rates

ETH perpetual funding across 17 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
10.8%long Aster, short GRVT · net 6.4%
Highest funding now
11.4%Extended
Lowest funding now
−8.0%Aster
Listed on
17 venues

Funding by venue

7d chartFlagsOpen
ExtendedETH-USD11.4%5.1%7.5%9.4%7.9%89%1h04:002,541$29.0M$20.7MExExtended
GRVTETH_USDT_Perp10.9%7.2%8.7%7.7%8.9%90%8h08:002,545$148.3M$96.8MGrGRVT
PolymarketETH-USD10.9%10.3%10.8%10.5%10.8%100%1h04:002,544$11.2M$1.7MPmPolymarket
HyperliquidETH7.4%0.9%6.3%9.6%7.2%83%1h—2,544$2.82B$918.4MHyHyperliquid
BybitCEXETHUSDT7.4%1.1%0.5%3.6%0.4%55%8h08:002,545$1.91B$1.46BByBybit
BitgetCEXETHUSDT2.8%1.7%5.6%7.5%6.3%82%8h08:002,545$1.94B$966.2MBgBitget
LighterETH1.8%−3.7%−1.2%5.9%−0.8%48%1h04:002,550$77.6M$259.5MLiLighter
RWA PerpPERP_ETH_USDC1.7%−1.0%8.1%15.1%9.6%95%8h08:002,542$6.7M$9.6MRwRWA Perp
GateCEXETH_USDT1.1%−0.7%0.5%3.4%0.7%60%8h08:002,545$2.08B$2.75BGtGate
NadoETH-PERP_USDT0−0.2%−4.5%1.9%6.5%3.0%59%1h04:002,546$14.3M$51.6MNaNado
VariationalETH−0.5%0.6%3.1%6.4%3.6%77%8h—2,542$84.1M$274.5MVaVariational
RISExETH/USDC−0.6%6.0%0.9%8.3%0.0%51%1h04:002,542$9.9M$9.7MRxRISEx
Lighter RHETH−2.6%−6.0%2.0%7.9%3.4%58%1h04:002,545$21.3M$39.4MLrLighter RH
BinanceCEXETHUSDT−4.2%−3.1%−0.2%3.4%0.3%56%8h08:002,545$5.92B$5.18BBnBinance
MEXCCEXETH_USDT−4.2%−1.6%0.0%4.0%0.3%60%8h08:002,544$2.75B$914.2MMxMEXC
OndoETH-USD.P−7.4%−1.7%4.1%8.7%5.1%71%1h04:002,541$2.6M$3.2MOnOndo
AsterETHU−8.0%−3.1%−2.2%−5.3%−2.0%51%8h08:002,543$644k$401kAsAster

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
LighterPolymarket9.2%14.0%12.0%4.6%9.9%14.8%2.4dsteady$11.2Minvite onlyLiPmcalc
AsterPolymarket19.0%13.5%12.9%15.8%8.7%13.1%4.5dsteady$644k8h/1hinvite onlyAsPmcalc
MEXCCEXPolymarket15.1%11.9%10.7%6.6%7.6%11.4%4.1dsteady$11.2M8h/1hinvite onlyMxPmcalc
LighterGRVT9.2%10.9%9.9%1.8%7.5%11.3%3.3dsteady$77.6M1h/8hLiGrcalc
LighterExtended9.6%8.8%8.7%3.5%7.4%11.1%2.1dsteady$29.0MLiExcalc
LighterRWA Perp0.0%2.7%9.3%9.2%6.7%10.0%3.9dcooling$6.7M1h/8hLiRwcalc
Lighter RHPolymarket13.6%16.4%8.7%3.0%6.6%9.9%3.4dsteady$11.2Minvite onlyLrPmcalc
AsterGRVT19.0%10.3%10.8%12.9%6.4%9.6%5.7dsteady$644kAsGrcalc
AsterExtended19.4%8.2%9.7%14.4%6.3%9.5%4.9dsteady$644k8h/1hAsExcalc
BinanceCEXPolymarket15.1%13.4%10.9%7.0%6.2%9.4%6.0dsteady$11.2M8h/1hinvite onlyBnPmcalc
RISExPolymarket11.5%4.3%9.9%2.2%6.2%9.4%5.2dsteady$9.9Minvite onlyRxPmcalc
AsterRWA Perp9.8%2.1%10.3%19.7%5.6%8.4%6.4dsteady$644kAsRwcalc
VariationalPolymarket11.4%9.7%7.6%4.2%5.5%8.3%3.8dsteady$11.2M8h/1hinvite onlyspread not incl.VaPmcalc
BybitCEXPolymarket3.5%9.3%10.2%6.9%5.3%7.9%6.8dsteady$11.2M8h/1hinvite onlyByPmcalc
MEXCCEXGRVT15.1%8.7%8.6%3.7%5.2%7.9%5.5dsteady$148.3MMxGrcalc
MEXCCEXExtended15.5%6.7%7.5%5.4%5.1%7.7%4.4dsteady$29.0M8h/1hMxExcalc
LighterHyperliquid5.7%4.6%7.5%3.7%5.1%7.7%4.4dsteady$77.6MLiHycalc
NadoPolymarket11.1%14.8%8.8%4.1%4.9%7.4%6.2dsteady$11.2Minvite onlyNaPmcalc
MEXCCEXRWA Perp5.9%0.6%8.1%11.1%4.4%6.6%6.3dsteady$6.7MMxRwcalc
LighterVariational−2.2%4.3%4.3%0.5%4.3%6.5%<0.1dweak$77.6M1h/8hspread not incl.LiVacalc
GateCEXPolymarket9.9%11.0%10.3%7.1%4.3%6.4%8.2dsteady$11.2M8h/1hinvite onlyGtPmcalc
Lighter RHGRVT13.6%13.2%6.6%2.4%4.3%6.4%5.0dsteady$21.3M1h/8hLrGrcalc
Lighter RHExtended14.0%11.1%5.5%1.5%4.2%6.3%3.3dweak$21.3MLrExcalc
LighterOndo−9.1%2.0%5.3%2.5%4.0%6.0%3.4dcooling$2.6MLiOncalc
AsterHyperliquid15.5%4.0%8.4%14.8%4.0%6.0%7.4dsteady$644k8h/1hAsHycalc
BinanceCEXGRVT15.1%10.3%8.8%4.3%3.9%5.8%7.8dsteady$148.3MBnGrcalc
RISExGRVT11.5%1.2%7.8%−0.6%3.9%5.8%7.0dsteady$9.9M1h/8hRxGrcalc
BinanceCEXExtended15.5%8.2%7.7%5.6%3.8%5.7%7.1dsteady$29.0M8h/1hBnExcalc
RISExExtended12.0%−0.9%6.7%1.0%3.8%5.7%6.0dcooling$9.9MRxExcalc
LighterBitgetCEX1.1%5.4%6.8%1.6%3.7%5.5%6.4dsteady$77.6M1h/8hLiBgcalc
Lighter RHRWA Perp4.3%5.1%6.1%6.9%3.5%5.2%6.0dsteady$6.7M1h/8hLrRwcalc
OndoPolymarket18.3%12.0%6.6%2.1%3.3%4.9%7.1dsteady$2.6Minvite onlyOnPmcalc
LighterLighter RH−4.4%−2.3%3.2%1.4%3.2%4.9%<0.1dweak$21.3MLiLrcalc
AsterVariational7.6%3.8%5.3%11.7%3.2%4.8%5.5dsteady$644kspread not incl.AsVacalc
VariationalGRVT11.4%6.5%5.5%1.4%3.2%4.8%6.0dsteady$84.1Mspread not incl.VaGrcalc
VariationalExtended11.9%4.5%4.4%3.0%3.1%4.6%4.2dweak$29.0M8h/1hspread not incl.VaExcalc
BinanceCEXRWA Perp5.9%2.1%8.3%10.8%3.1%4.6%8.8dsteady$6.7MBnRwcalc
RISExRWA Perp2.3%−7.0%7.2%6.8%3.1%4.6%8.1dcooling$6.7M1h/8hRxRwcalc
BybitCEXGRVT3.5%6.1%8.1%4.1%2.9%4.4%9.0dsteady$148.3MByGrcalc
AsterOndo0.7%1.4%6.3%12.8%2.9%4.3%7.6dsteady$644k8h/1hAsOncalc
BybitCEXExtended4.0%4.0%7.0%5.8%2.8%4.3%8.3dsteady$29.0M8h/1hByExcalc
MEXCCEXHyperliquid11.6%2.5%6.2%5.6%2.8%4.3%7.6dsteady$2.75B8h/1hMxHycalc
AsterBitgetCEX10.9%4.8%7.8%12.9%2.6%3.9%9.4dsteady$644kAsBgcalc
NadoGRVT11.1%11.7%6.7%1.3%2.5%3.8%8.7dsteady$14.3M1h/8hNaGrcalc
NadoExtended11.6%9.6%5.6%2.9%2.5%3.7%7.8dweak$14.3MNaExcalc
VariationalRWA Perp2.2%−1.6%5.0%8.8%2.4%3.5%7.3dcooling$6.7Mspread not incl.VaRwcalc
AsterLighter RH5.4%−2.9%4.2%11.6%2.1%3.2%6.9dcooling$644k8h/1hAsLrcalc
BybitCEXRWA Perp−5.7%−2.0%7.6%11.5%2.1%3.2%10dcooling$6.7MByRwcalc
MEXCCEXVariational3.7%2.2%3.1%2.4%2.1%3.1%4.7dweak$84.1Mspread not incl.MxVacalc
GateCEXGRVT9.9%7.9%8.2%4.3%1.9%2.9%11dsteady$148.3MGtGrcalc
Lighter RHHyperliquid10.1%7.0%4.2%2.1%1.9%2.8%7.8dweak$21.3MLrHycalc
GateCEXExtended10.3%5.8%7.1%5.9%1.8%2.8%10dsteady$29.0M8h/1hGtExcalc
NadoRWA Perp1.9%3.5%6.2%8.7%1.7%2.6%10dsteady$6.7M1h/8hNaRwcalc
MEXCCEXOndo−3.2%−0.1%4.1%4.7%1.7%2.6%8.1dweak$2.6M8h/1hMxOncalc
BinanceCEXHyperliquid11.6%4.0%6.5%5.8%1.5%2.3%11dsteady$2.82B8h/1hBnHycalc
RISExHyperliquid8.0%−5.1%5.4%1.2%1.5%2.2%10dcooling$9.9MRxHycalc
MEXCCEXBitgetCEX7.0%3.3%5.6%3.5%1.4%2.1%10dsteady$1.94BMxBgcalc
LighterNado−1.9%−0.8%3.1%0.6%1.3%2.0%8.1dweak$14.3MLiNacalc
GateCEXRWA Perp0.6%−0.3%7.6%11.7%1.1%1.7%12dcooling$6.7MGtRwcalc
MEXCCEXLighter RH1.5%−4.5%2.0%3.4%1.0%1.5%7.3dweak$21.3M8h/1hMxLrcalc
OndoGRVT18.3%8.9%4.5%1.5%0.9%1.3%11dweak$2.6M1h/8hOnGrcalc
OndoExtended18.7%6.8%3.4%0.5%0.8%1.2%11dweak$2.6MOnExcalc
VariationalHyperliquid7.9%0.3%3.1%3.2%0.8%1.2%11dweak$84.1M8h/1hspread not incl.VaHycalc
Lighter RHOndo−4.7%4.3%2.1%1.1%0.8%1.1%8.8dweak$2.6MLrOncalc
BinanceCEXVariational3.7%3.7%3.3%2.4%0.7%1.1%11dweak$84.1Mspread not incl.BnVacalc
Lighter RHVariational2.1%6.7%1.1%−0.5%1.1%1.6%<0.1dmixed$21.3M1h/8hspread not incl.LrVacalc
BybitCEXHyperliquid0.0%−0.1%5.8%6.0%0.5%0.8%13dcooling$1.91B8h/1hByHycalc
Lighter RHBitgetCEX5.5%7.7%3.6%−0.2%0.4%0.7%12dweak$21.3M1h/8hLrBgcalc
BinanceCEXOndo−3.2%1.4%4.3%4.7%0.4%0.6%13dweak$2.6M8h/1hBnOncalc
RISExOndo−6.8%−7.7%3.2%4.1%0.4%0.6%12dcooling$2.6MRxOncalc
RISExVariational0.1%−5.3%2.3%−2.0%0.7%1.1%9.6dmixed$9.9M1h/8hspread not incl.RxVacalc
LighterRISEx−2.3%9.7%2.1%2.4%0.5%0.7%11dmixed$9.9MLiRxcalc
AsterNado7.9%−1.3%4.1%11.5%0.2%0.3%13dcooling$644k8h/1hAsNacalc
NadoHyperliquid7.6%5.4%4.3%3.1%0.2%0.2%14dweak$14.3MNaHycalc
LighterMEXCCEX−5.9%2.1%1.2%−1.9%0.2%0.3%12dmixed$77.6M1h/8hLiMxcalc
OndoRWA Perp9.1%0.7%4.0%5.5%0.1%0.1%14dweak$2.6M1h/8hOnRwcalc
BinanceCEXBitgetCEX7.0%4.8%5.8%3.8%0.1%0.1%14dsteady$1.94BBnBgcalc
RISExBitgetCEX3.4%−4.3%4.8%−0.9%0.1%0.1%14dcooling$9.9M1h/8hRxBgcalc
HyperliquidPolymarket3.5%9.4%4.5%1.0%0.1%0.1%14dweak$11.2Minvite onlyHyPmcalc
BitgetCEXPolymarket8.1%8.6%5.1%3.1%−0.1%−0.1%14dweak$11.2M8h/1hinvite onlyBgPmcalc
BybitCEXVariational−7.9%−0.4%2.6%2.8%−0.2%−0.4%15dweak$84.1Mspread not incl.ByVacalc
ExtendedPolymarket−0.4%5.2%3.2%1.2%−0.2%−0.2%15dmixed$11.2Minvite onlyExPmcalc
VariationalOndo−6.9%−2.3%1.0%1.6%−0.3%−0.5%19dweak$2.6M8h/1hspread not incl.VaOncalc
BinanceCEXLighter RH1.5%−2.9%2.2%3.4%−0.4%−0.6%16dweak$21.3M8h/1hBnLrcalc
GateCEXHyperliquid6.3%1.6%5.8%6.1%−0.5%−0.7%15dsteady$2.08B8h/1hGtHycalc
BybitCEXOndo−14.8%−2.8%3.6%5.3%−0.6%−0.9%16dweak$2.6M8h/1hByOncalc
VariationalBitgetCEX3.3%1.1%2.5%1.1%−0.6%−1.0%18dweak$84.1Mspread not incl.VaBgcalc
RISExLighter RH−2.0%−12.0%1.2%2.1%−0.4%−0.6%18dmixed$9.9MRxLrcalc
BybitCEXBitgetCEX−4.6%0.6%5.1%3.9%−0.9%−1.3%16dcooling$1.91BByBgcalc
AsterMEXCCEX3.9%1.6%2.2%9.0%−0.9%−1.4%20dweak$644kAsMxcalc
AsterRISEx7.5%9.1%3.0%11.3%−0.6%−0.9%17dmixed$644k8h/1hAsRxcalc
GateCEXVariational−1.6%1.3%2.7%2.9%−1.3%−1.9%21dweak$84.1Mspread not incl.GtVacalc
NadoVariational−0.3%5.1%1.2%−0.1%−0.6%−0.9%21dmixed$14.3M1h/8hspread not incl.NaVacalc
NadoBitgetCEX3.0%6.2%3.7%1.0%−1.3%−1.9%19dweak$14.3M1h/8hNaBgcalc
OndoHyperliquid14.8%2.6%2.2%1.2%−1.5%−2.2%24dweak$2.6MOnHycalc
GateCEXOndo−8.5%−1.0%3.6%5.6%−1.6%−2.4%20dweak$2.6M8h/1hGtOncalc
GateCEXBitgetCEX1.8%2.4%5.1%4.0%−1.9%−2.8%19dsteady$1.94BGtBgcalc
NadoOndo−7.2%2.8%2.2%2.2%−1.0%−1.4%20dmixed$2.6MNaOncalc
MEXCCEXNado4.0%−2.9%1.9%2.5%−1.0%−1.4%21dmixed$14.3M8h/1hMxNacalc
AsterLighter9.8%−0.6%1.0%11.4%−1.1%−1.7%30dmixed$644k8h/1hAsLicalc
AsterBybitCEX15.5%4.2%2.7%8.5%−2.3%−3.4%26dweak$644kAsBycalc
HyperliquidGRVT3.5%6.3%2.4%−1.8%−2.3%−3.5%27dweak$148.3M1h/8hHyGrcalc
BinanceCEXNado4.0%−1.4%2.1%2.7%−2.3%−3.5%29dweak$14.3M8h/1hBnNacalc
LighterBybitCEX5.7%4.8%1.7%−2.3%−1.2%−1.7%23dmixed$77.6M1h/8hLiBycalc
GRVTPolymarket0.0%3.1%2.1%2.8%−2.3%−3.5%30dweak$11.2M8h/1hinvite onlyGrPmcalc
GateCEXLighter RH−3.7%−5.3%1.6%4.5%−2.3%−3.5%35dweak$21.3M8h/1hGtLrcalc
HyperliquidExtended4.0%4.2%1.3%−0.2%−2.4%−3.6%40dweak$29.0MHyExcalc
BitgetCEXGRVT8.1%5.5%3.0%0.3%−2.4%−3.7%25dweak$148.3MBgGrcalc
BitgetCEXExtended8.5%3.4%1.9%1.9%−2.5%−3.8%33dweak$29.0M8h/1hBgExcalc
BybitCEXLighter RH−10.0%−7.1%1.5%3.9%−1.3%−2.0%26dmixed$21.3M8h/1hByLrcalc
AsterBinanceCEX3.9%0.0%2.0%9.3%−2.7%−4.1%33dweak$644kAsBncalc
HyperliquidRWA Perp−5.7%−1.9%1.8%5.5%−3.1%−4.7%38dweak$6.7M1h/8hHyRwcalc
LighterBinanceCEX−5.9%0.6%1.0%−1.7%−1.6%−2.4%36dmixed$77.6M1h/8hLiBncalc
BitgetCEXRWA Perp−1.1%−2.7%2.5%7.6%−3.3%−4.9%32dweak$6.7MBgRwcalc
AsterGateCEX9.1%2.4%2.6%8.6%−3.4%−5.0%32dweak$644kAsGtcalc
BinanceCEXMEXCCEX0.0%1.5%0.2%0.1%−3.4%−5.1%229dweak$2.75BBnMxcalc
NadoLighter RH−2.5%−1.6%0.1%1.0%−1.7%−2.6%240dmixed$14.3MNaLrcalc
MEXCCEXRISEx3.6%7.5%0.8%4.4%−1.8%−2.7%44dmixed$9.9M8h/1hMxRxcalc
Lighter RHNado2.5%1.6%−0.1%−1.0%−1.9%−2.9%—mixed$14.3MLrNacalc
RWA PerpPolymarket9.2%11.3%2.6%−4.6%−2.0%−3.1%25dmixed$6.7M8h/1hinvite onlyRwPmcalc
GateCEXNado−1.3%−3.8%1.5%3.0%−4.3%−6.4%55dweak$14.3M8h/1hGtNacalc
LighterGateCEX−0.7%3.0%1.7%−2.5%−2.2%−3.3%33dmixed$77.6M1h/8hLiGtcalc
RWA PerpExtended9.7%6.1%−0.6%−5.8%−4.5%−6.7%—weak$6.7M8h/1hRwExcalc
OndoVariational6.9%2.3%−1.0%−1.6%−2.3%−3.4%—mixed$2.6M1h/8hspread not incl.OnVacalc
MEXCCEXLighter5.9%−2.1%−1.2%1.9%−2.3%−3.4%—mixed$77.6M8h/1hMxLicalc
RISExNado0.4%−10.5%1.1%−1.9%−2.3%−3.5%44dmixed$9.9MRxNacalc
BitgetCEXHyperliquid4.6%−0.8%0.6%2.1%−4.8%−7.2%119dweak$1.94B8h/1hBgHycalc
ExtendedGRVT−0.4%2.1%1.1%−1.6%−2.5%−3.8%45dmixed$29.0M1h/8hExGrcalc
Lighter RHRISEx2.0%12.0%−1.2%−2.1%−2.7%−4.1%—mixed$9.9MLrRxcalc
OndoBitgetCEX10.2%3.4%1.5%−1.1%−2.9%−4.4%41dmixed$2.6M1h/8hOnBgcalc
VariationalNado0.3%−5.1%−1.2%0.1%−3.0%−4.5%—mixed$14.3M8h/1hspread not incl.VaNacalc
BinanceCEXRISEx3.6%9.1%1.1%4.4%−3.1%−4.7%56dmixed$9.9M8h/1hBnRxcalc
Lighter RHLighter4.4%2.3%−3.2%−1.4%−3.2%−4.9%—mixed$21.3MLrLicalc
BybitCEXNado−7.6%−5.5%1.4%2.8%−3.3%−4.9%46dmixed$14.3M8h/1hByNacalc
ExtendedRWA Perp−9.7%−6.1%0.6%5.8%−3.3%−5.0%95dmixed$6.7M1h/8hExRwcalc
OndoLighter RH4.7%−4.3%−2.1%−1.1%−3.4%−5.0%—mixed$2.6MOnLrcalc
MEXCCEXBybitCEX11.6%2.6%0.5%−0.4%−3.4%−5.1%114dmixed$1.91BMxBycalc
BinanceCEXLighter5.9%−0.6%−1.0%1.7%−3.6%−5.4%—mixed$77.6M8h/1hBnLicalc
RISExLighter2.3%−9.7%−2.1%−2.4%−3.6%−5.4%—mixed$9.9MRxLicalc
MEXCCEXBinanceCEX0.0%−1.5%−0.2%−0.1%−3.9%−5.8%—mixed$2.75BMxBncalc
BybitCEXRISEx−8.0%4.9%0.3%4.7%−4.1%−6.1%178dmixed$9.9M8h/1hByRxcalc
VariationalLighter2.2%−4.3%−4.3%−0.5%−4.3%−6.5%—mixed$77.6M8h/1hspread not incl.VaLicalc
Lighter RHBybitCEX10.0%7.1%−1.5%−3.9%−4.4%−6.6%—mixed$21.3M1h/8hLrBycalc
RWA PerpGRVT9.2%8.2%0.6%−7.4%−4.4%−6.6%126dmixed$6.7MRwGrcalc
MEXCCEXGateCEX5.3%0.9%0.4%−0.6%−4.5%−6.8%156dmixed$2.08BMxGtcalc
BinanceCEXBybitCEX11.6%4.2%0.7%−0.1%−4.8%−7.2%109dmixed$1.91BBnBycalc
GRVTExtended0.4%−2.1%−1.1%1.6%−4.8%−7.2%—mixed$29.0M8h/1hGrExcalc
RISExBybitCEX8.0%−4.9%−0.3%−4.7%−4.8%−7.2%—mixed$9.9M1h/8hRxBycalc
NadoLighter1.9%0.8%−3.1%−0.6%−5.0%−7.5%—mixed$14.3MNaLicalc
GateCEXRISEx−1.7%6.7%0.4%4.9%−5.1%−7.6%200dmixed$9.9M8h/1hGtRxcalc
OndoNado7.2%−2.8%−2.2%−2.2%−5.3%−7.9%—mixed$2.6MOnNacalc
Lighter RHGateCEX3.7%5.3%−1.6%−4.5%−5.5%−8.2%—mixed$21.3M1h/8hLrGtcalc
VariationalBybitCEX7.9%0.4%−2.6%−2.8%−5.5%−8.2%—mixed$84.1Mspread not incl.VaBycalc
GateCEXLighter0.7%−3.0%−1.7%2.5%−5.6%−8.4%—mixed$77.6M8h/1hGtLicalc
BinanceCEXGateCEX5.3%2.4%0.7%−0.5%−5.9%−8.8%137dmixed$2.08BBnGtcalc
RISExGateCEX1.7%−6.7%−0.4%−4.9%−5.9%−8.8%—mixed$9.9M1h/8hRxGtcalc
OndoRISEx6.8%7.7%−3.2%−4.1%−6.1%−9.2%—mixed$2.6MOnRxcalc
NadoBybitCEX7.6%5.5%−1.4%−2.8%−6.1%−9.2%—mixed$14.3M1h/8hNaBycalc
OndoMEXCCEX3.2%0.1%−4.1%−4.7%−6.4%−9.6%—mixed$2.6M1h/8hOnMxcalc
VariationalGateCEX1.6%−1.3%−2.7%−2.9%−6.6%−9.9%—mixed$84.1Mspread not incl.VaGtcalc
PolymarketExtended0.4%−5.2%−3.2%−1.2%−6.6%−9.9%—mixed$11.2Minvite onlyPmExcalc
OndoLighter9.1%−2.0%−5.3%−2.5%−6.6%−9.9%—mixed$2.6MOnLicalc
GateCEXBybitCEX6.3%1.8%0.0%0.2%−6.7%−10.1%>999dmixed$1.91BGtBycalc
RWA PerpHyperliquid5.7%1.9%−1.8%−5.5%−6.8%−10.2%—mixed$6.7M8h/1hRwHycalc
NadoGateCEX1.3%3.8%−1.5%−3.0%−7.2%−10.8%—mixed$14.3M1h/8hNaGtcalc
OndoBybitCEX14.8%2.8%−3.6%−5.3%−7.8%−11.7%—mixed$2.6M1h/8hOnBycalc
OndoBinanceCEX3.2%−1.4%−4.3%−4.7%−8.2%−12.3%—mixed$2.6M1h/8hOnBncalc
RWA PerpBitgetCEX1.1%2.7%−2.5%−7.6%−8.2%−12.3%—mixed$6.7MRwBgcalc
OndoGateCEX8.5%1.0%−3.6%−5.6%−8.8%−13.3%—mixed$2.6M1h/8hOnGtcalc
BitgetCEXBybitCEX4.6%−0.6%−5.1%−3.9%−11.1%−16.7%—mixed$1.91BBgBycalc
RWA PerpLighter0.0%−2.7%−9.3%−9.2%−11.9%−17.9%—mixed$6.7M8h/1hRwLicalc
RWA PerpBybitCEX5.7%2.0%−7.6%−11.5%−13.1%−19.6%—mixed$6.7MRwBycalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:10 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

No two venues give a usable spread right now.

ETH: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →MEXC2,544.02
MEXC2,544.02—
All quotes (17)
VenueBidAskQualityAgeVol 24hFlags
MEXCCEX2,544.022,544.02mark9m$914.2Mno FX
Aster2,543.272,543.27mark13m$401kstaleno FX
BinanceCEX2,544.572,544.57mark13m$5.18Bstaleno FX
BitgetCEX2,544.712,544.71mark13m$966.2Mstaleno FX
BybitCEX2,544.752,544.75mark13m$1.46Bstaleno FX
Extended2,541.492,541.49mark13m$20.7Mstale
GateCEX2,544.752,544.75mark13m$2.75Bstaleno FX
GRVT2,544.832,544.83mark13m$96.8Mstaleno FX
Hyperliquid2,544.282,544.28mark13m$918.4Mstale
Lighter2,549.92,549.9mark13m$259.5Mstale
Nado2,545.52,545.5mark13m$51.6Mstaleno FX
Ondo2,540.82,540.8mark13m$3.2Mstale
Polymarket2,543.52,543.5mark13m$1.7Mstale
Lighter RH2,544.722,544.72mark13m$39.4Mstale
RISEx2,542.382,542.38mark13m$9.7Mstale
RWA Perp2,541.872,541.87mark13m$9.6Mstale
Variational2,541.852,541.85mark13m$274.5Mstale

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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