Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h −0.046%
Price spread now: Orderly against BingX−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Orderly is 0.042% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETHFI-USDT | 0.7192 | 0.0100 | pay 0.0050% / 4h | 33m 56s | — | $26.1M | — |
| Short | Orderly PERP_ETHFI_USDC | 0.7189 | −0.0190 | pay 0.0095% / 4h | 33m 56s | $16K | $1K | 10x |
BingX ETHFI-USDT
Orderly PERP_ETHFI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$60.99
- Price spread: −0.042% → 0.000%
- −$4.17
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$81.16
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Orderly: 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 BingX live order book, 5 min ago | 1.39 bp | 8.3 bp −$8 | 11.0 bp −$110 | 21.3 bp −$2,133 | 59.4 bp −$29.7K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0335% | 4h | 0.7188 | −0.056% | $83K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0306% | 1h | 0.7190 | −0.028% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDCshort | −0.0190% | 4h | 0.7189 | −0.042% | $16K | $1K | 10x | |
| Paradex ETHFI-USD-PERP | +0.0028% | 8h | 0.7188 | −0.049% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.667% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0038% | 4h | 0.7190 | −0.028% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0038% | 4h | 0.7194 | +0.028% | $25.0M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7193 | +0.009% | $93K | $493K | 10x | as long as short |
| Aster ETHFIUSDT | +0.0050% | 4h | 0.7199 | +0.090% | $184K | $262K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7185 | −0.096% | $9K | — | 3x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Aster ETHFIUSDT
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7202 | +0.136% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7204 | +0.170% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7193 | +0.014% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7199 | +0.097% | $4.9M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7195 | +0.042% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7190 | −0.028% | $1.2M | $272K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7191 | −0.014% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDTlong | +0.0100% | 4h | 0.7192 | long leg | — | $26.1M | — | |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7192 | −0.005% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7195 | +0.044% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7193 | +0.014% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0153% | 4h | 0.7185 | −0.097% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.626% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7199 | +0.099% | $277K | $161K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD