Funding you earn now, next payment 00:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h −0.010%
Price spread now: Injective against Paradex+1.200%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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 1.200% dearer against Paradex than usual: you sell high and buy low: +$120 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7154 | −0.0046 | get 0.0046% / 8h | 2m 47s | $6K | — | 5x |
| Short | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | get 0.0004% / 1h | 2m 47s | $321 | $51K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $16.6
- Price spread: +1.200% → 0.000%
- $120.05
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $132.63
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Injective: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Paradex and Injective: 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 | 0.7156 | +0.026% | $41K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0357% | 4h | 0.7144 | −0.141% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0192% | 4h | 0.7153 | −0.016% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERPlong | −0.0046% | 8h | 0.7154 | long leg | $6K | — | 5x | |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7150 | −0.058% | $92K | $492K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0018% | 4h | 0.7151 | −0.044% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0022% | 4h | 0.7150 | −0.056% | $24.9M | $37.4M | 75x | as long as short |
| Variational Omni ETHFI | +0.0028% | 4h | 0.7132 | −0.316% | $1.0M | $745K | — | as long as short |
| Injective ETHFI/USDC PERPshort | +0.0033% | 1h | 0.7240 | +1.200% | $321 | $51K | 5.5x | |
| BloFin ETHFI-USDT | +0.0078% | 4h | 0.7151 | −0.044% | $1.2M | $282K | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7150 | −0.054% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7164 | +0.142% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7160 | +0.077% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7157 | +0.034% | $183K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7152 | −0.030% | $18.1M | $13.2M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7156 | +0.026% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7154 | −0.002% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7154 | −0.002% | $1.2M | $269K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7151 | −0.044% | $6.1M | $5.8M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7155 | +0.012% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7158 | +0.056% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7164 | +0.138% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +1.159% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0553% | 1h | 0.7166 | +0.171% | $275K | $163K | 20x | as long as short |
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Variational Omni ETHFI
BloFin ETHFI-USDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD