After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.056%7d average+0.031%fees + slippage, in and out−$20spread needed0.203%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETH-USDT | 2,736.9 | 0.0100 | pay 0.0100% / 8h | 17m 26s | — | $1.10B | — |
| Short | Coinbase International ETH-PERP-INTX | 2,738.4 | 0.0088 | get 0.0011% / 1h | 17m 26s | $60.2M | $4.77B | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.55
- Funding while held
- −$0.36
- Slippage, 4 orders
- −$0.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.09
- Spread needed to break even
- 0.203%
Slippage from BingX: live order book, 13 min ago; Coinbase International: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.36
- Average in range /8h
- —
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 BingX live order book, 13 min ago | 0.05 bp | 5.2 bp −$5 | 5.3 bp −$53 | 5.6 bp −$562 | 6.2 bp −$3,099 |
| Sell Coinbase International live order book, 3 min ago | 0.02 bp | 5.0 bp −$5 | 5.1 bp −$51 | 8.1 bp −$806 | 23.3 bp −$11.7K |
ETH price on every exchange
against the cheapest. Click to use as the short leg.ETH on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk ETH-USD | −0.177% | +0.0100% | 1h | $150.8M | $273.0M | 25x | as long as short |
| Injective ETH/USDC PERP | −0.109% | +0.0067% | 1h | $117K | $22.5M | 52x | as long as short |
| Variational Omni ETH | −0.089% | +0.0100% | 8h | $151.5M | $301.6M | — | as long as short |
| Aevo ETH-PERP | −0.071% | +0.0096% | 1h | $5.0M | $735K | 20x | as long as short |
| edgeX ETHUSDC | −0.054% | +0.0100% | 4h | $177.4M | $750.7M | 100x | as long as short |
| Ondo Perps ETH-USD.P | −0.050% | +0.0100% | 1h | $3.0M | $13.6M | 25x | as long as short |
| Bullet ETH-USD | −0.046% | +0.0012% | 1h | $191K | $1.9M | 20x | as long as short |
| SunX ETH-USDT | −0.033% | +0.0100% | 8h | $942K | $14.6M | 100x | as long as short |
| Reya ETHRUSDPERP | −0.019% | +0.0160% | 1h | $7.3M | $970K | 25x | as long as short |
| Extended ETH-USD | −0.018% | +0.0104% | 1h | $32.4M | $75.0M | 50x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ETHUSDT | −0.018% | +0.0063% | 8h | $2.13B | $3.09B | 150x | as long as short |
| MEXC ETH_USDT | −0.011% | +0.0090% | 8h | $1.53B | $2.47B | 500x | as long as short |
| GMX ETH/USD [ETH-USDC] | −0.006% | L +0.0019% / S +0.0013% | 1h | $11.9M | — | 200x | as long as short |
| HTX ETH-USDT | −0.006% | +0.0083% | 8h | $1.08B | $1.18B | 200x | as long as short |
| OKX ETH-USDT-SWAP | −0.002% | +0.0013% | 8h | $1.71B | $11.03B | 100x | as long as short |
| Binance ETHUSDT | −0.001% | +0.0091% | 8h | $6.52B | $15.37B | 150x | as long as short |
| BingX ETH-USDTlong | 0.000% | +0.0100% | 8h | — | $1.10B | — | |
| Perpl ETH | 0.000% | −0.0447% | 43m | $410K | $5.9M | 8.3x | as long as short |
| Lighter ETH | +0.001% | +0.0096% | 1h | $118.2M | $499.3M | 50x | as long as short |
| Gate ETH_USDT | +0.004% | −0.0049% | 8h | $3.72B | $8.70B | 200x | as long as short |
| dYdX ETH-USD | +0.004% | +0.0093% | 1h | $16.1M | $33.0M | 50x | as long as short |
| KuCoin ETHUSDTM | +0.006% | +0.0100% | 8h | $440.6M | $660.4M | 100x | as long as short |
| Pacifica ETH | +0.012% | +0.0100% | 1h | $30.9M | $209.4M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | +0.014% | L +0.0006% / S −0.0006% | 1h | $22.2M | — | 200x | as long as short |
| Nado ETH-PERP | +0.015% | +0.0100% | 1h | $17.7M | $113.1M | 50x | as long as short |
| Bybit ETHUSDT | +0.015% | +0.0100% | 8h | $2.48B | $4.40B | 150x | as long as short |
| Hotstuff ETH-PERP | +0.015% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.017% | +0.0283% | 1h | $29K | $27K | 20x | as long as short |
| Phemex ETHUSDT | +0.020% | +0.0046% | 8h | $264.8M | $66.4M | 150x | as long as short |
| SoDEX ETH-USD | +0.026% | −0.0020% | 1h | $55.3M | $161.6M | 40x | as long as short |
| Backpack ETH_USDC_PERP | +0.027% | +0.0100% | 1h | $14.9M | $39.7M | 50x | as long as short |
| Aster ETHUSDT | +0.029% | +0.0100% | 8h | $272.9M | $842.2M | 200x | as long as short |
| Lighter RH ETH | +0.035% | +0.0096% | 1h | $25.5M | $119.1M | 50x | as long as short |
| Vest ETH-PERP | +0.036% | +0.0100% | 1h | — | $1.2M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.041% | +0.0351% | 1h | $87.4M | $312.4M | 100x | as long as short |
| Katana Perps ETH-USD | +0.041% | +0.0100% | 8h | $473K | $2.0M | 50x | as long as short |
| Kalshi KXETHPERP | +0.048% | 0.0000% | 8h | $7.1M | $535.9M | 4.9x | as long as short |
| Polymarket Perps ETH-USD | +0.052% | +0.0100% | 1h | $10.7M | $5.3M | 50x | as long as short |
| Coinbase International ETH-PERP-INTXshort | +0.056% | +0.0088% | 1h | $60.2M | $4.77B | 50x | |
| BloFin ETH-USDT | +0.058% | +0.0211% | 8h | $296.1M | $177.5M | 150x | as long as short |
| Arcus ETH-USD | +0.058% | +0.0100% | 1h | $2.5M | $15.7M | 25x | as long as short |
| RISEx ETH/USDC | +0.059% | +0.0171% | 1h | $5.8M | $13.3M | 25x | as long as short |
| Bluefin ETH-PERP | +0.061% | +0.0100% | 1h | $21K | $26K | 25x | as long as short |
| Deribit ETH-PERPETUAL | +0.061% | +0.0134% | 1h | $260.0M | $215.3M | 50x | as long as short |
| 01 Exchange ETHUSD | +0.063% | +0.0016% | 1h | $188K | $1.1M | 50x | as long as short |
| Orderly PERP_ETH_USDC | +0.085% | +0.0208% | 8h | $32.1M | $10.7M | 100x | as long as short |
| Jupiter Perps ETH-PERP | +0.088% | L +0.0096% / S +0.0048% | 1h | — | $44.7M | 500x | as long as short |
| StandX ETH-USD | +0.096% | +0.0100% | 1h | $21.0M | $51.6M | 40x | as long as short |
| ApeX Omni ETHUSDT | +0.102% | −0.0033% | 1h | $7.7M | $27.6M | 100x | as long as short |
| Phoenix ETH | +0.114% | +0.0050% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.121% | +0.0104% | 1h | $288K | $1.3M | 20x | as long as short |
| Derive ETH-PERP | +0.146% | +0.0365% | 1h | $42.6M | $27.2M | 15x | as long as short |
| Paradex ETH-USD-PERP | +0.164% | +0.0100% | 8h | $14.3M | $11.5M | 50x | as long as short |
| Hyperliquid ETH | +0.165% | +0.0348% | 1h | $3.27B | $2.17B | 25x | as long as short |
BingX ETH-USDT
Coinbase International ETH-PERP-INTX
Bulk
Injective
Variational Omni
Bullet
SunX
Extended
Bitget
MEXC
GMX
HTX
OKX
Binance
Lighter
Gate
KuCoin
Pacifica
gTrade (Gains Network)
Bybit
Phemex
SoDEX
Backpack
Aster
Lighter RH
Kraken Futures
Katana Perps
Polymarket Perps
BloFin
RISEx
Bluefin
Deribit
StandX
ApeX Omni
Phoenix
Derive
Paradex
Hyperliquid