Funding you earn now, next payment 08:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.019%
Price spread now: OKX against Paradex+0.303%50s7-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 +$3 a day on $10k at the current rate, and OKX is 0.303% dearer against Paradex than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | Paradex ETHFI-USD-PERP | 0.7029 | −0.0001 | get 0.0001% / 8h | 3h 30m | $6K | — | 5x |
| Short | OKX ETHFI-USDT-SWAP | 0.7050 | 0.0100 | get 0.0050% / 4h | 3h 30m | $5.1M | $12.3M | 20x |
Paradex ETHFI-USD-PERP
OKX ETHFI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $21.19
- Price spread: +0.303% → 0.000%
- $30.3
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $37.49
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; OKX: 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 OKX live order book, 2 min ago | 0.71 bp | 14.4 bp −$14 | 41.8 bp −$418 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.1118% | 4h | 0.7020 | −0.124% | $85K | $186K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0304% | 1h | 0.7061 | +0.455% | $261K | $212K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0242% | 4h | 0.7059 | +0.431% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0175% | 1h | 0.7063 | +0.488% | $40K | $11K | 10x | as long as short |
| Paradex ETHFI-USD-PERPlong | −0.0001% | 8h | 0.7029 | long leg | $6K | — | 5x | |
| Variational Omni ETHFI | +0.0032% | 4h | 0.7059 | +0.435% | $985K | $703K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.006% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0047% | 4h | 0.7048 | +0.275% | $17.6M | $12.5M | 25x | as long as short |
| MEXC ETHFI_USDT | +0.0062% | 4h | 0.7055 | +0.374% | $16.0M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0063% | 4h | 0.7048 | +0.280% | $24.5M | $34.9M | 75x | as long as short |
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ETHFI-USD | +0.0064% | 1h | 0.7051 | +0.319% | $96K | $374K | 10x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7057 | +0.405% | $1.1M | $841K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7061 | +0.462% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7050 | +0.310% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7052 | +0.331% | $180K | $229K | 10x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.7050 | +0.303% | $5.1M | $12.3M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7056 | +0.388% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7052 | +0.331% | $1.2M | $227K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7046 | +0.246% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7053 | +0.346% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7063 | +0.485% | $65K | $125K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7061 | +0.460% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0252% | 4h | 0.7033 | +0.061% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | +0.360% | $31K | $6K | 50x | as long as short |
Extended ETHFI-USD
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX