Funding you earn now, next payment 22:00 UTC+0.0623%/8h= +68.3% APRpaid last 24h +0.125%
Price spread now: Paradex against Deribit+0.015%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.7125 | −0.0591 | get 0.0074% / 1h | 30m 26s | $42K | $18K | 10x |
| Short | Paradex ETHFI-USD-PERP | 0.7126 | 0.0032 | get 0.0032% / 8h | 2h 30m | $6K | — | 5x |
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Deribit. 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
- $130.9
- Price spread: +0.015% → 0.000%
- $1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $121.39
- Costs to cover
- 0.110%
- Break-even
- 0.5 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Deribit and 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-PERPETUALlong | −0.0591% | 1h | 0.7125 | long leg | $42K | $18K | 10x | |
| Kraken Futures PF_ETHFIUSD | −0.0214% | 1h | 0.7129 | +0.051% | $278K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0159% | 4h | 0.7122 | −0.042% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0082% | 4h | 0.7114 | −0.154% | $82K | $164K | 20x | as long as short |
| Bitget ETHFIUSDT | +0.0024% | 4h | 0.7130 | +0.070% | $6.1M | $5.6M | 75x | as long as short |
| Paradex ETHFI-USD-PERPshort | +0.0032% | 8h | 0.7126 | +0.015% | $6K | — | 5x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.614% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7123 | −0.027% | $92K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0088% | 4h | 0.7132 | +0.098% | $15.4M | $3.7M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0090% | 4h | 0.7132 | +0.093% | $24.9M | $36.3M | 75x | as long as short |
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Bitget ETHFIUSDT
Injective ETHFI/USDC PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ETHFI | +0.0093% | 4h | 0.7160 | +0.495% | $1.0M | $718K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7127 | +0.028% | $1.1M | $891K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7135 | +0.143% | $18.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7135 | +0.137% | $182K | $251K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7138 | +0.182% | $18.3M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7136 | +0.154% | $4.9M | $12.1M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7132 | +0.098% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7133 | +0.112% | $1.2M | $269K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7132 | +0.098% | — | $25.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7146 | +0.300% | $56K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7131 | +0.084% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7125 | 0.000% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7131 | +0.084% | $31K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0329% | 4h | 0.7118 | −0.098% | $1.3M | $292K | 75x | as long as short |
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT