After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.050%7d average+0.008%fees + slippage, in and out−$23spread needed0.227%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETH-USDT | 2,753 | 0.0190 | pay 0.0190% / 8h | 7h 21m | $291.8M | $175.8M | 150x |
| Short | Polymarket Perps ETH-USD | 2,754.4 | 0.0100 | get 0.0013% / 1h | 21m 06s | $10.7M | $5.4M | 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
- $5.05
- Funding while held
- −$2.7
- Slippage, 4 orders
- −$2.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$20.37
- Spread needed to break even
- 0.227%
Slippage from BloFin: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.70
- 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 BloFin live order book, 5 min ago | 0.27 bp | 6.3 bp −$6 | 6.3 bp −$63 | 6.7 bp −$671 | 9.2 bp −$4,614 |
| Sell Polymarket Perps live order book, 5 min ago | 1.09 bp | 5.1 bp −$5 | 6.1 bp −$61 | 9.2 bp −$919 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Binance ETHUSDT | −0.053% | +0.0070% | 8h | $6.55B | $15.94B | 150x | as long as short |
| Bitget ETHUSDT | −0.016% | +0.0079% | 8h | $2.10B | $3.12B | 150x | as long as short |
| OKX ETH-USDT-SWAP | −0.009% | +0.0014% | 8h | $1.72B | $11.15B | 100x | as long as short |
| Aster ETHUSDT | −0.007% | +0.0100% | 8h | $276.8M | $890.4M | 200x | as long as short |
| Gate ETH_USDT | −0.005% | +0.0100% | 8h | $3.46B | $8.94B | 200x | as long as short |
| BingX ETH-USDT | −0.005% | +0.0012% | 8h | — | $1.11B | — | as long as short |
| Backpack ETH_USDC_PERP | 0.000% | +0.0100% | 1h | $15.3M | $39.3M | 50x | as long as short |
| BloFin ETH-USDTlong | 0.000% | +0.0190% | 8h | $291.8M | $175.8M | 150x | |
| Aevo ETH-PERP | +0.003% | +0.0072% | 1h | $5.0M | $723K | 20x | as long as short |
| Perpl ETH | +0.004% | −0.0447% | 43m | $462K | $6.2M | 8.3x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ETH_USDT | +0.006% | +0.0070% | 8h | $1.52B | $2.49B | 500x | as long as short |
| Bybit ETHUSDT | +0.010% | +0.0100% | 8h | $2.52B | $4.41B | 150x | as long as short |
| HTX ETH-USDT | +0.011% | +0.0001% | 8h | $1.09B | $1.19B | 200x | as long as short |
| SoDEX ETH-USD | +0.018% | +0.0014% | 1h | $55.5M | $161.9M | 40x | as long as short |
| Extended ETH-USD | +0.023% | +0.0104% | 1h | $31.7M | $78.2M | 50x | as long as short |
| Phemex ETHUSDT | +0.024% | +0.0100% | 8h | $265.4M | $66.8M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.028% | +0.0175% | 1h | $7.3M | $958K | 25x | as long as short |
| KuCoin ETHUSDTM | +0.037% | +0.0100% | 8h | $421.7M | $691.5M | 100x | as long as short |
| Bullet ETH-USD | +0.040% | +0.0100% | 1h | $199K | $1.8M | 20x | as long as short |
| Lighter ETH | +0.046% | +0.0096% | 1h | $116.4M | $500.6M | 50x | as long as short |
| Polymarket Perps ETH-USDshort | +0.050% | +0.0100% | 1h | $10.7M | $5.4M | 50x | |
| Ondo Perps ETH-USD.P | +0.054% | +0.0100% | 1h | $3.0M | $14.9M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | +0.055% | L +0.0006% / S −0.0006% | 1h | $22.3M | — | 200x | as long as short |
| Jupiter Perps ETH-PERP | +0.064% | L +0.0096% / S +0.0048% | 1h | — | $44.2M | 500x | as long as short |
| Bluefin ETH-PERP | +0.065% | +0.2325% | 1h | $21K | $26K | 25x | as long as short |
| Lighter RH ETH | +0.068% | +0.0096% | 1h | $25.2M | $118.6M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.072% | +0.0263% | 1h | $85.5M | $316.2M | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | +0.077% | L −0.0013% / S +0.0045% | 1h | $11.8M | — | 200x | as long as short |
| Katana Perps ETH-USD | +0.080% | +0.0100% | 8h | $470K | $2.1M | 50x | as long as short |
| Nado ETH-PERP | +0.080% | +0.0100% | 1h | $18.0M | $111.3M | 50x | as long as short |
| Arcus ETH-USD | +0.083% | +0.0100% | 1h | $2.7M | $16.1M | 25x | as long as short |
| RISEx ETH/USDC | +0.087% | +0.0122% | 1h | $5.8M | $12.9M | 25x | as long as short |
| Vest ETH-PERP | +0.088% | +0.0100% | 1h | — | $1.1M | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.089% | +0.0059% | 1h | $259.5M | $210.5M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.092% | +0.0120% | 1h | $59.8M | $4.70B | 50x | as long as short |
| SunX ETH-USDT | +0.099% | +0.0026% | 8h | $950K | $14.6M | 100x | as long as short |
| Hyperliquid ETH | +0.101% | +0.0452% | 1h | $3.29B | $2.12B | 25x | as long as short |
| 01 Exchange ETHUSD | +0.101% | +0.0048% | 1h | $180K | $1.2M | 50x | as long as short |
| Derive ETH-PERP | +0.123% | +0.0100% | 1h | $42.7M | $29.6M | 15x | as long as short |
| Orderly PERP_ETH_USDC | +0.124% | +0.0184% | 8h | $32.3M | $10.8M | 100x | as long as short |
| dYdX ETH-USD | +0.133% | +0.0001% | 1h | $16.1M | $34.6M | 50x | as long as short |
| Pacifica ETH | +0.150% | +0.0100% | 1h | $31.3M | $221.5M | 50x | as long as short |
| Hotstuff ETH-PERP | +0.159% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | +0.159% | −0.0054% | 1h | $118K | $22.5M | 52x | as long as short |
| Kalshi KXETHPERP | +0.167% | +0.0134% | 8h | $10.2M | $564.2M | 4.9x | as long as short |
| Hibachi ETH/USDT-P | +0.188% | +0.0112% | 1h | $283K | $1.4M | 20x | as long as short |
| Paradex ETH-USD-PERP | +0.191% | +0.0100% | 8h | $15.0M | $11.7M | 50x | as long as short |
| edgeX ETHUSDC | +0.204% | +0.0100% | 4h | $178.9M | $763.8M | 100x | as long as short |
| ApeX Omni ETHUSDT | +0.206% | +0.0100% | 1h | $8.1M | $28.0M | 100x | as long as short |
| StandX ETH-USD | +0.221% | +0.0100% | 1h | $21.2M | $51.1M | 40x | as long as short |
| Bulk ETH-USD | +0.233% | +0.0061% | 1h | $159.6M | $276.9M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.277% | +0.0297% | 1h | $29K | $22K | 20x | as long as short |
| Phoenix ETH | +0.294% | +0.0035% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Variational Omni ETH | +0.365% | +0.0100% | 8h | $145.9M | $312.0M | — | as long as short |
BloFin ETH-USDT
Polymarket Perps ETH-USD
Binance
Bitget
OKX
Aster
Gate
BingX
Backpack
MEXC
Bybit
HTX
SoDEX
Extended
Phemex
KuCoin
Bullet
Lighter
gTrade (Gains Network)
Bluefin
Lighter RH
Kraken Futures
GMX
Katana Perps
RISEx
Deribit
Coinbase International
SunX
Hyperliquid
Derive
Pacifica
Injective
Paradex
ApeX Omni
StandX
Bulk
Phoenix
Variational Omni