After costs, if the gap returns to its 7d average, $10k−$19
spread now−0.057%7d average−0.031%fees + slippage, in and out−$16spread needed0.163%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETH-PERPETUAL | 2,751 | 0 | get 0.0000% / 1h | 18m 41s | $259.4M | $209.7M | 50x |
| Short | gTrade (Gains Network) ETH/USD | 2,749.4 | L +0.0006% / S −0.0006% | get 0.0001% / 1h | 18m 41s | $22.3M | — | 200x |
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
- −$5.71
- Funding while held
- $0.19
- Slippage, 4 orders
- −$2.3
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$21.82
- Spread needed to break even
- 0.163%
Slippage from Deribit: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0006%
- Per $10,000 a day
- +$0.19
- 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 Deribit live order book, 2 min ago | 0.27 bp | 4.2 bp −$4 | 5.0 bp −$50 | 12.7 bp −$1,269 | 25.7 bp −$12.8K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 0.51 bp | 4.0 bp −$4 | 4.1 bp −$41 | 5.0 bp −$500 | 8.9 bp −$4,450 |
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 | |
|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.110% | −0.0447% | 43m | $461K | $6.2M | 8.3x | as long as short |
| Nado ETH-PERP | −0.081% | +0.0100% | 1h | $17.9M | $111.0M | 50x | as long as short |
| Aevo ETH-PERP | −0.076% | +0.0064% | 1h | $5.0M | $720K | 20x | as long as short |
| Bullet ETH-USD | −0.068% | +0.0100% | 1h | $198K | $1.8M | 20x | as long as short |
| HTX ETH-USDT | −0.065% | −0.0015% | 8h | $1.09B | $1.19B | 200x | as long as short |
| SoDEX ETH-USD | −0.064% | +0.0014% | 1h | $55.5M | $161.9M | 40x | as long as short |
| SunX ETH-USDT | −0.063% | +0.0014% | 8h | $948K | $14.5M | 100x | as long as short |
| gTrade (Gains Network) ETH/USDshort | −0.057% | L +0.0006% / S −0.0006% | 1h | $22.3M | — | 200x | |
| Bluefin ETH-PERP | −0.046% | +0.2186% | 1h | $21K | $26K | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | −0.041% | L −0.0013% / S +0.0045% | 1h | $11.7M | — | 200x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ETHRUSDPERP | −0.038% | +0.0175% | 1h | $7.3M | $958K | 25x | as long as short |
| BloFin ETH-USDT | −0.032% | +0.0189% | 8h | $292.7M | $175.7M | 150x | as long as short |
| Backpack ETH_USDC_PERP | −0.015% | +0.0100% | 1h | $15.2M | $39.3M | 50x | as long as short |
| Phemex ETHUSDT | −0.009% | +0.0100% | 8h | $265.1M | $66.8M | 150x | as long as short |
| Deribit ETH-PERPETUALlong | 0.000% | 0.0000% | 1h | $259.4M | $209.7M | 50x | |
| Hotstuff ETH-PERP | +0.001% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Vest ETH-PERP | +0.004% | +0.0100% | 1h | — | $1.1M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.009% | +0.0100% | 1h | $10.7M | $5.4M | 50x | as long as short |
| Jupiter Perps ETH-PERP | +0.015% | L +0.0096% / S +0.0048% | 1h | — | $44.0M | 500x | as long as short |
| Kraken Futures PF_ETHUSD | +0.016% | +0.0263% | 1h | $85.1M | $317.0M | 100x | as long as short |
| Bitget ETHUSDT | +0.018% | +0.0079% | 8h | $2.10B | $3.11B | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.020% | +0.0013% | 8h | $1.71B | $11.12B | 100x | as long as short |
| Kalshi KXETHPERP | +0.023% | +0.0135% | 8h | $10.2M | $565.1M | 4.9x | as long as short |
| BingX ETH-USDC | +0.029% | +0.0012% | 8h | — | $16.9M | — | as long as short |
| KuCoin ETHUSDTM | +0.029% | +0.0100% | 8h | $425.9M | $681.4M | 100x | as long as short |
| MEXC ETH_USDT | +0.034% | +0.0068% | 8h | $1.52B | $2.50B | 500x | as long as short |
| Orderly PERP_ETH_USDC | +0.034% | +0.0184% | 8h | $32.3M | $10.8M | 100x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.035% | +0.0120% | 1h | $59.6M | $4.69B | 50x | as long as short |
| Gate ETH_USDT | +0.035% | +0.0100% | 8h | $3.45B | $8.97B | 200x | as long as short |
| Extended ETH-USD | +0.036% | +0.0104% | 1h | $31.8M | $78.0M | 50x | as long as short |
| Lighter ETH | +0.040% | +0.0096% | 1h | $116.2M | $501.8M | 50x | as long as short |
| Derive ETH-PERP | +0.042% | +0.0100% | 1h | $42.6M | $29.6M | 15x | as long as short |
| Bybit ETHUSDT | +0.046% | +0.0100% | 8h | $2.52B | $4.42B | 150x | as long as short |
| Aster ETHUSDT | +0.048% | +0.0100% | 8h | $275.0M | $887.6M | 200x | as long as short |
| Katana Perps ETH-USD | +0.052% | +0.0100% | 8h | $463K | $2.1M | 50x | as long as short |
| Binance ETHUSDT | +0.057% | +0.0068% | 8h | $6.55B | $15.90B | 150x | as long as short |
| Pacifica ETH | +0.060% | +0.0100% | 1h | $31.2M | $223.9M | 50x | as long as short |
| StandX ETH-USD | +0.060% | +0.0100% | 1h | $21.1M | $51.3M | 40x | as long as short |
| Ondo Perps ETH-USD.P | +0.067% | +0.0100% | 1h | $3.0M | $14.8M | 25x | as long as short |
| Lighter RH ETH | +0.073% | +0.0096% | 1h | $25.2M | $118.8M | 50x | as long as short |
| Arcus ETH-USD | +0.073% | +0.0100% | 1h | $2.7M | $16.1M | 25x | as long as short |
| 01 Exchange ETHUSD | +0.074% | +0.0040% | 1h | $180K | $1.2M | 50x | as long as short |
| Phoenix ETH | +0.078% | +0.0035% | 1h | $1.4M | $2.4M | 25x | as long as short |
| RISEx ETH/USDC | +0.080% | +0.0122% | 1h | $5.8M | $12.9M | 25x | as long as short |
| dYdX ETH-USD | +0.102% | +0.0001% | 1h | $16.1M | $34.6M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.108% | +0.0091% | 1h | $8.1M | $27.9M | 100x | as long as short |
| Hyperliquid ETH | +0.143% | +0.0441% | 1h | $3.29B | $2.12B | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.161% | +0.0112% | 1h | $283K | $1.4M | 20x | as long as short |
| Paradex ETH-USD-PERP | +0.162% | +0.0100% | 8h | $15.0M | $11.6M | 50x | as long as short |
| Injective ETH/USDC PERP | +0.234% | −0.0054% | 1h | $118K | $22.5M | 52x | as long as short |
| Aftermath Perps ETHUSD | +0.247% | +0.0302% | 1h | $29K | $21K | 20x | as long as short |
| Variational Omni ETH | +0.252% | +0.0100% | 8h | $145.7M | $311.3M | — | as long as short |
| edgeX ETHUSDC | +0.279% | +0.0100% | 4h | $178.9M | $763.8M | 100x | as long as short |
| Bulk ETH-USD | +0.307% | +0.0061% | 1h | $159.6M | $276.9M | 25x | as long as short |
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
Bullet
HTX
SoDEX
SunX
Bluefin
GMX
BloFin
Backpack
Phemex
Polymarket Perps
Kraken Futures
Bitget
OKX
BingX
KuCoin
MEXC
Coinbase International
Gate
Extended
Lighter
Derive
Bybit
Aster
Katana Perps
Binance
Pacifica
StandX
Lighter RH
Phoenix
RISEx
ApeX Omni
Hyperliquid
Paradex
Injective
Variational Omni
Bulk