Live market
Ethereum price today
The ethereum price today on this page is a perpetual price read directly from the exchange order book each time the page is served, along with the current spread, funding rate and open interest.
Every number here is fetched when the page renders. If the market moved a minute ago, this moved with it.
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HyperBoard: Crypto Market Dashboard
prices, funding rates, open interest and liquidity across crypto perpetual markets, live.
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Read from the Pacifica perpetual book at 2026-10-12 00:14 UTC, through our own keyless relay, and refreshed at most every five minutes. Any figure quoted from this page is accurate as of that time and not afterwards.
What moves the ethereum book
Ethereum's perpetual price moves on the same things as its spot price, plus one factor bitcoin does not have: a large share of supply is staked and earning. That gives holders an alternative to leverage, and it shows up in funding whenever borrowing to go long costs more than staking pays. The comparison is not academic, because it decides which trade is worth doing.
Staking yield sits underneath this number
Somebody holding ether can earn a yield by staking it, so the honest question for a leveraged long is whether the expected move beats both the funding cost and the yield given up. When funding on this page runs above the staking rate for long enough, the leveraged position is paying twice: once to borrow and once in the yield it is not collecting.
Gas prices do not touch this contract
A perpetual position is margin on a venue, not a transaction on Ethereum, so network fees are irrelevant to opening or closing it. People new to perps often expect a busy chain to make trading expensive here, and it does not. What a busy chain can do is move the spot price that this contract is anchored to, which is an indirect effect and a slower one.
Reading ether against bitcoin
Most of the time this price and bitcoin's move together, so the interesting number is the ratio between them rather than either alone. When ether's funding diverges sharply from bitcoin's, positioning has become lopsided in one market and not the other, and that is worth more attention than a move in the price itself.
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Open, change it, publish your own
Pacifica Market Maker
runs a maker strategy on this same Pacifica book and shows spread, inventory and PnL as they change.
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Three working apps that read this kind of market. Open one, change it, and publish your own.
- HyperBoard: Crypto Market Dashboard
prices, funding rates, open interest and liquidity across crypto perpetual markets, live.
- SignalDesk
ranks tokens by a composite signal and charts them with EMA, Bollinger, RSI and MACD overlays, on Hyperliquid.
- Pacifica Market Maker
runs a maker strategy on this same Pacifica book and shows spread, inventory and PnL as they change.
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