Funding you earn now, next payment 23:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.010%
Price spread now: Paradex against Injective−1.086%99s7-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
=Funding pays, the price is against you. Paradex is 1.086% cheaper against Injective than usual: you would sell low and buy high (spread −1.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$109 on $10k: about 13 months of funding at the current rate ($0 a day). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 37m 39s | $321 | $51K | 5.5x |
| Short | Paradex ETHFI-USD-PERP | 0.7161 | 0.0043 | get 0.0043% / 8h | 1h 37m | $6K | — | 5x |
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Injective. 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
- $2.02
- Price spread: −1.086% → 0.000%
- −$108.56
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$110.55
- Costs to cover
- 0.040%
- Break-even
- 389.4 days
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Injective 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-PERPETUAL | −0.0447% | 1h | 0.7168 | −0.994% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0292% | 4h | 0.7159 | −1.119% | $83K | $165K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0252% | 1h | 0.7178 | −0.850% | $282K | $146K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0179% | 4h | 0.7172 | −0.939% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x | |
| Paradex ETHFI-USD-PERPshort | +0.0043% | 8h | 0.7161 | −1.086% | $6K | — | 5x | |
| Binance ETHFIUSDT | +0.0058% | 4h | 0.7162 | −1.078% | $24.9M | $37.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0060% | 4h | 0.7163 | −1.064% | $15.2M | $3.8M | 125x | as long as short |
| Extended ETHFI-USD | +0.0064% | 1h | 0.7161 | −1.097% | $93K | $493K | 10x | as long as short |
| Bitget ETHFIUSDT | +0.0080% | 4h | 0.7160 | −1.105% | $6.1M | $5.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Binance ETHFIUSDT
MEXC ETHFI_USDT
Extended ETHFI-USD
Bitget ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7169 | −0.977% | $1.1M | $898K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7160 | −1.105% | $9K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7174 | −0.916% | $18.2M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7169 | −0.981% | $183K | $257K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7166 | −1.022% | $18.2M | $12.9M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7166 | −1.022% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7168 | −0.994% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7166 | −1.022% | $1.2M | $271K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7166 | −1.022% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7161 | −1.089% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7173 | −0.925% | $59K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7171 | −0.953% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0242% | 4h | 0.7167 | −1.008% | $1.2M | $293K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7176 | −0.884% | $31K | $7K | 50x | as long as short |
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX