After costs, if the gap returns to its 7d average, $10k−$7
spread now+0.195%7d average+0.085%fees + slippage, in and out−$18spread needed0.182%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ETHUSDC | 2,744.7 | 0.0100 | pay 0.0050% / 4h | 48m 05s | $176.4M | $736.9M | 100x |
| Short | Paradex ETH-USD-PERP | 2,750 | 0.0100 | get 0.0100% / 8h | 48m 05s | $14.5M | $11.3M | 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
- $19.53
- Funding while held
- −$0.01
- Slippage, 4 orders
- −$5.19
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $1.33
- Spread needed to break even
- 0.182%
Slippage from edgeX: live order book, 3 min ago; Paradex: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.01
- 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 edgeX live order book, 3 min ago | 0.05 bp | 5.3 bp −$5 | 5.8 bp −$58 | 6.1 bp −$614 | 7.6 bp −$3,821 |
| Sell Paradex live order book, 3 min ago | 2.18 bp | 4.2 bp −$4 | 4.2 bp −$42 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Bulk ETH-USD | −0.192% | +0.0100% | 1h | $152.2M | $277.4M | 25x | as long as short |
| Aevo ETH-PERP | −0.085% | +0.0096% | 1h | $5.0M | $752K | 20x | as long as short |
| BingX ETH-USDC | −0.043% | +0.0100% | 8h | — | $16.0M | — | as long as short |
| MEXC ETH_USDT | −0.041% | +0.0100% | 8h | $1.54B | $2.41B | 500x | as long as short |
| SunX ETH-USDT | −0.035% | +0.0100% | 8h | $946K | $14.5M | 100x | as long as short |
| Binance ETHUSDT | −0.032% | +0.0100% | 8h | $6.55B | $15.21B | 150x | as long as short |
| Backpack ETH_USDC_PERP | −0.028% | +0.0100% | 1h | $15.0M | $39.6M | 50x | as long as short |
| OKX ETH-USDT-SWAP | −0.025% | +0.0017% | 8h | $1.72B | $11.00B | 100x | as long as short |
| Reya ETHRUSDPERP | −0.022% | +0.0154% | 1h | $7.3M | $962K | 25x | as long as short |
| Extended ETH-USD | −0.018% | +0.0104% | 1h | $32.6M | $74.7M | 50x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ETH-USDT | −0.013% | +0.0100% | 8h | $1.09B | $1.19B | 200x | as long as short |
| Gate ETH_USDT | −0.009% | −0.0039% | 8h | $3.74B | $8.50B | 200x | as long as short |
| Bybit ETHUSDT | −0.007% | +0.0100% | 8h | $2.50B | $4.39B | 150x | as long as short |
| SoDEX ETH-USD | −0.006% | +0.0034% | 1h | $55.4M | $161.5M | 40x | as long as short |
| edgeX ETHUSDClong | 0.000% | +0.0100% | 4h | $176.4M | $736.9M | 100x | |
| Nado ETH-PERP | +0.002% | +0.0100% | 1h | $17.8M | $112.7M | 50x | as long as short |
| Bitget ETHUSDT | +0.005% | +0.0074% | 8h | $2.13B | $3.07B | 150x | as long as short |
| Aftermath Perps ETHUSD | +0.005% | +0.0245% | 1h | $29K | $27K | 20x | as long as short |
| KuCoin ETHUSDTM | +0.008% | +0.0100% | 8h | $387.7M | $676.7M | 100x | as long as short |
| Variational Omni ETH | +0.012% | +0.0100% | 8h | $155.0M | $302.2M | — | as long as short |
| Bullet ETH-USD | +0.017% | +0.0013% | 1h | $184K | $1.9M | 20x | as long as short |
| dYdX ETH-USD | +0.019% | +0.0130% | 1h | $20.2M | $28.5M | 50x | as long as short |
| Phemex ETHUSDT | +0.031% | +0.0033% | 8h | $265.4M | $66.5M | 150x | as long as short |
| Perpl ETH | +0.033% | 0.0000% | 43m | $406K | $5.8M | 8.3x | as long as short |
| GMX ETH/USD [ETH-USDC] | +0.037% | L +0.0018% / S +0.0014% | 1h | $11.9M | — | 200x | as long as short |
| gTrade (Gains Network) ETH/USD | +0.037% | L +0.0006% / S −0.0006% | 1h | $22.2M | — | 200x | as long as short |
| Lighter ETH | +0.038% | +0.0096% | 1h | $119.2M | $489.4M | 50x | as long as short |
| Bluefin ETH-PERP | +0.039% | +0.0100% | 1h | $20K | $24K | 25x | as long as short |
| Pacifica ETH | +0.039% | +0.0100% | 1h | $31.2M | $202.9M | 50x | as long as short |
| Vest ETH-PERP | +0.043% | +0.0100% | 1h | — | $1.2M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.045% | +0.0100% | 1h | $3.1M | $13.6M | 25x | as long as short |
| Hotstuff ETH-PERP | +0.045% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Aster ETHUSDT | +0.047% | +0.0100% | 8h | $269.4M | $840.6M | 200x | as long as short |
| Polymarket Perps ETH-USD | +0.048% | +0.0100% | 1h | $10.7M | $5.2M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.052% | +0.0350% | 1h | $85.6M | $314.4M | 100x | as long as short |
| 01 Exchange ETHUSD | +0.056% | +0.0048% | 1h | $184K | $1.1M | 50x | as long as short |
| Kalshi KXETHPERP | +0.059% | 0.0000% | 8h | $5.9M | $522.6M | 4.9x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.061% | +0.0088% | 1h | $60.6M | $4.79B | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.070% | +0.0034% | 1h | $260.5M | $212.6M | 50x | as long as short |
| BloFin ETH-USDT | +0.075% | +0.0220% | 8h | $297.2M | $173.7M | 150x | as long as short |
| RISEx ETH/USDC | +0.075% | +0.0171% | 1h | $5.9M | $13.5M | 25x | as long as short |
| Jupiter Perps ETH-PERP | +0.078% | L +0.0104% / S +0.0048% | 1h | — | $45.8M | 500x | as long as short |
| Arcus ETH-USD | +0.081% | +0.0100% | 1h | $2.5M | $15.1M | 25x | as long as short |
| Katana Perps ETH-USD | +0.081% | +0.0100% | 8h | $492K | $2.0M | 50x | as long as short |
| Hyperliquid ETH | +0.089% | +0.0166% | 1h | $3.22B | $2.13B | 25x | as long as short |
| Lighter RH ETH | +0.089% | +0.0096% | 1h | $25.5M | $116.3M | 50x | as long as short |
| Injective ETH/USDC PERP | +0.096% | +0.0067% | 1h | $118K | $22.5M | 52x | as long as short |
| Orderly PERP_ETH_USDC | +0.097% | +0.0213% | 8h | $32.2M | $10.9M | 100x | as long as short |
| ApeX Omni ETHUSDT | +0.110% | +0.0002% | 1h | $7.7M | $27.7M | 100x | as long as short |
| StandX ETH-USD | +0.114% | +0.0100% | 1h | $21.0M | $51.7M | 40x | as long as short |
| Phoenix ETH | +0.128% | +0.0050% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.165% | +0.0200% | 1h | $289K | $1.3M | 20x | as long as short |
| Paradex ETH-USD-PERPshort | +0.195% | +0.0100% | 8h | $14.5M | $11.3M | 50x | |
| Derive ETH-PERP | +0.301% | +0.0508% | 1h | $43.3M | $26.1M | 15x | as long as short |
Paradex ETH-USD-PERP
Bulk
BingX
MEXC
SunX
Binance
Backpack
OKX
Extended
HTX
Gate
Bybit
SoDEX
Bitget
KuCoin
Variational Omni
Bullet
Phemex
GMX
gTrade (Gains Network)
Lighter
Bluefin
Pacifica
Aster
Polymarket Perps
Kraken Futures
Coinbase International
Deribit
BloFin
RISEx
Katana Perps
Hyperliquid
Lighter RH
Injective
ApeX Omni
StandX
Phoenix
Derive