Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.048%
Price spread now: Gate against Paradex+0.201%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 Gate is 0.201% dearer against Paradex than usual: you sell high and buy low: +$20 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 | 0.6974 | 0.0048 | pay 0.0048% / 8h | 6h 18m | $6K | — | 5x |
| Short | Gate ETHFI_USDT | 0.6988 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.7M | $1.8M | 75x |
Paradex ETHFI-USD-PERP
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $10.91
- Price spread: +0.201% → 0.000%
- $20.08
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $11.99
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Gate: 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 Gate live order book, 2 min ago | 2.15 bp | 24.1 bp −$24 | 190.8 bp −$1,908 | 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 exchanges
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 | −0.0608% | 1h | 0.6985 | +0.158% | $42K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0307% | 4h | 0.6982 | +0.115% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0187% | 4h | 0.6976 | +0.030% | $932K | $743K | — | as long as short |
| HTX ETHFI-USDT | −0.0051% | 4h | 0.6965 | −0.129% | $83K | $135K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.814% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERPlong | +0.0048% | 8h | 0.6974 | long leg | $6K | — | 5x | |
| Extended ETHFI-USD | +0.0056% | 1h | 0.6979 | +0.073% | $106K | $500K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0056% | 4h | 0.6979 | +0.072% | $15.7M | $4.2M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0058% | 4h | 0.6981 | +0.099% | $24.4M | $32.9M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6993 | +0.270% | $1.1M | $729K | 5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFIShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.6980 | +0.088% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6990 | +0.227% | $16.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6987 | +0.185% | $179K | $181K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.6984 | +0.143% | $17.2M | $12.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6988 | +0.201% | $5.1M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.6988 | +0.201% | $1.7M | $1.8M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6981 | +0.100% | $1.2M | $187K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6986 | +0.172% | $6.2M | $3.8M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6983 | +0.129% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6991 | +0.244% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6990 | +0.229% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0231% | 4h | 0.6974 | 0.000% | $1.2M | $233K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7040 | +0.946% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1000% | 1h | 0.6997 | +0.333% | $299K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD