Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.019%
Price spread now: Paradex against OKX−0.294%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 −$3 a day on $10k at the current rate, and Paradex is 0.294% cheaper against OKX than usual: you would sell low and buy high (−$29 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 | OKX ETHFI-USDT-SWAP | 0.7043 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $5.1M | $12.3M | 20x |
| Short | Paradex ETHFI-USD-PERP | 0.7022 | 0.0000 | pay 0.0000% / 8h | 3h 56m | $6K | — | 5x |
OKX ETHFI-USDT-SWAP
Paradex ETHFI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against OKX. 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
- −$21.07
- Price spread: −0.294% → 0.000%
- −$29.42
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$64.5
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.42 bp | 15.2 bp −$15 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0934% | 4h | 0.7014 | −0.412% | $87K | $167K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0460% | 1h | 0.7040 | −0.043% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0304% | 1h | 0.7045 | +0.022% | $264K | $209K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0238% | 4h | 0.7036 | −0.099% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0017% | 4h | 0.7036 | −0.099% | $17.6M | $12.6M | 25x | as long as short |
| Paradex ETHFI-USD-PERPshort | 0.0000% | 8h | 0.7022 | −0.294% | $6K | — | 5x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.797% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0065% | 4h | 0.7037 | −0.088% | $980K | $703K | — | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7034 | −0.125% | $95K | $379K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0090% | 4h | 0.7036 | −0.101% | $24.4M | $35.0M | 75x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETHFI_USDT | +0.0092% | 4h | 0.7036 | −0.099% | $15.8M | $4.0M | 125x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7048 | +0.077% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7041 | −0.027% | $17.4M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7040 | −0.043% | $180K | $224K | 10x | as long as short |
| OKX ETHFI-USDT-SWAPlong | +0.0100% | 4h | 0.7043 | long leg | $5.1M | $12.3M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7041 | −0.028% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7038 | −0.071% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7036 | −0.099% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7038 | −0.071% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7036 | −0.102% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7043 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7040 | −0.043% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0333% | 4h | 0.7054 | +0.156% | $1.2M | $246K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | +0.156% | $31K | $6K | 50x | as long as short |
MEXC ETHFI_USDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX