Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h −0.014%
Price spread now: Paradex against BingX−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.043% 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 | 0.7153 | 0.0100 | pay 0.0050% / 4h | 2h 34m | — | $25.9M | — |
| Short | Paradex ETHFI-USD-PERP | 0.7150 | 0.0039 | get 0.0039% / 8h | 2h 34m | $6K | — | 5x |
BingX ETHFI-USDT
Paradex ETHFI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$12.84
- Price spread: −0.043% → 0.000%
- −$4.29
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$31.14
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Paradex: 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, 9 min ago | 1.39 bp | 7.8 bp −$8 | 9.6 bp −$96 | 23.2 bp −$2,318 | 72.9 bp −$36.4K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0448% | 1h | 0.7155 | +0.028% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0213% | 1h | 0.7162 | +0.119% | $279K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0154% | 4h | 0.7150 | −0.042% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0029% | 4h | 0.7139 | −0.196% | $83K | $164K | 20x | as long as short |
| Bitget ETHFIUSDT | +0.0020% | 4h | 0.7146 | −0.098% | $6.1M | $5.5M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.216% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERPshort | +0.0039% | 8h | 0.7150 | −0.043% | $6K | — | 5x | |
| Variational Omni ETHFI | +0.0093% | 4h | 0.7160 | +0.101% | $1.0M | $718K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7153 | −0.006% | $1.1M | $889K | 5x | as long as short |
| Extended ETHFI-USD | +0.0096% | 1h | 0.7147 | −0.082% | $100K | $488K | 10x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Bitget ETHFIUSDT
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Lighter ETHFI
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHFIUSDT | +0.0098% | 4h | 0.7148 | −0.069% | $25.2M | $35.9M | 75x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7153 | 0.000% | $19.1M | $7.8M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7159 | +0.087% | $182K | $248K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7153 | 0.000% | $18.4M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7153 | 0.000% | $4.9M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7149 | −0.056% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7151 | −0.028% | $15.4M | $3.7M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7152 | −0.014% | $1.2M | $268K | 50x | as long as short |
| BingX ETHFI-USDTlong | +0.0100% | 4h | 0.7153 | long leg | — | $25.9M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7167 | +0.193% | $56K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7157 | +0.056% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7150 | −0.042% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7207 | +0.755% | $32K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0338% | 4h | 0.7145 | −0.112% | $1.3M | $292K | 75x | as long as short |
Binance ETHFIUSDT
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT