Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.006%
Price spread now: Bitget against Paradex−0.063%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 −$1 a day on $10k at the current rate, and Bitget is 0.063% cheaper against Paradex than usual: you would sell low and buy high (−$6 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 | Paradex ETHFI-USD-PERP | 0.7231 | 0.0032 | pay 0.0032% / 8h | 2h 56m | $6K | — | 5x |
| Short | Bitget ETHFIUSDT | 0.7226 | 0.0014 | get 0.0007% / 4h | 2h 56m | $6.2M | $5.5M | 75x |
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paradex. 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
- −$3.87
- Price spread: −0.063% → 0.000%
- −$6.26
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.13
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 2 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 1.38 bp | 18.8 bp −$19 | 32.9 bp −$329 | doesn't fit | doesn't fit |
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 | −0.0579% | 1h | 0.7233 | +0.034% | $44K | $16K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0211% | 1h | 0.7237 | +0.087% | $282K | $132K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0146% | 4h | 0.7229 | −0.021% | $17K | $1K | 10x | as long as short |
| Variational Omni ETHFI | +0.0013% | 4h | 0.7258 | +0.375% | $1.1M | $711K | — | as long as short |
| Bitget ETHFIUSDTshort | +0.0014% | 4h | 0.7226 | −0.063% | $6.2M | $5.5M | 75x | |
| HTX ETHFI-USDT | +0.0016% | 4h | 0.7225 | −0.076% | $84K | $152K | 20x | as long as short |
| Paradex ETHFI-USD-PERPlong | +0.0032% | 8h | 0.7231 | long leg | $6K | — | 5x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.131% | $321 | $51K | 5.5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7231 | +0.007% | $1.1M | $881K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7246 | +0.210% | $19.7M | $7.3M | 5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7238 | +0.105% | $184K | $238K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7228 | −0.041% | $25.5M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7235 | +0.062% | $18.6M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7231 | +0.007% | $4.9M | $12.1M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7232 | +0.020% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7229 | −0.021% | $15.4M | $3.6M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7231 | +0.007% | $1.2M | $271K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7232 | +0.020% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7243 | +0.175% | $63K | $75K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7234 | +0.048% | $2K | $1.0M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7228 | −0.038% | $101K | $488K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7230 | −0.007% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7268 | +0.518% | $32K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7227 | −0.049% | $1.3M | $291K | 75x | as long as short |
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT