After costs, if the gap returns to its 7d average, $10k−$80
spread now−0.088%7d average−0.091%fees + slippage, in and out−$81spread needed0.806%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi ETH/USDT-P | 2,723.6 | 0.0248 | pay 0.0031% / 1h | 45m 16s | $306K | $1.2M | 20x |
| Short | Aevo ETH-PERP | 2,721.2 | 0.0096 | get 0.0012% / 1h | 45m 16s | $4.9M | $778K | 20x |
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
- −$8.85
- Funding while held
- −$4.56
- Slippage, 4 orders
- −$55.58
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$93.99
- Spread needed to break even
- 0.806%
Slippage from Hibachi: live order book, just now; Aevo: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0152%
- Per $10,000 a day
- −$4.56
- 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 Hibachi live order book, just now | 3.10 bp | 7.6 bp −$8 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Aevo live order book, just now | 23.03 bp | 31.7 bp −$32 | 40.3 bp −$403 | 90.6 bp −$9,065 | 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 | |
|---|---|---|---|---|---|---|---|
| Backpack ETH_USDC_PERP | −0.220% | +0.0032% | 1h | $15.4M | $38.2M | 50x | as long as short |
| dYdX ETH-USD | −0.184% | +0.0430% | 1h | $24.5M | $21.5M | 50x | as long as short |
| Injective ETH/USDC PERP | −0.172% | −0.0112% | 1h | $117K | $22.5M | 52x | as long as short |
| Pacifica ETH | −0.171% | +0.0100% | 1h | $30.8M | $188.4M | 50x | as long as short |
| Variational Omni ETH | −0.164% | +0.0100% | 8h | $152.3M | $292.5M | — | as long as short |
| Nado ETH-PERP | −0.163% | +0.0100% | 1h | $18.8M | $111.0M | 50x | as long as short |
| StandX ETH-USD | −0.158% | +0.0100% | 1h | $20.8M | $55.3M | 40x | as long as short |
| Hotstuff ETH-PERP | −0.150% | −0.0080% | 1h | $5K | $1K | 50x | as long as short |
| Bulk ETH-USD | −0.146% | +0.0100% | 1h | $148.8M | $275.4M | 25x | as long as short |
| Kalshi KXETHPERP | −0.143% | 0.0000% | 8h | $4.6M | $481.3M | 4.9x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ETH-USD | −0.138% | +0.0104% | 1h | $32.6M | $72.8M | 50x | as long as short |
| BloFin ETH-USDT | −0.120% | +0.0220% | 8h | $293.6M | $170.9M | 150x | as long as short |
| Paradex ETH-USD-PERP | −0.118% | +0.0099% | 8h | $14.1M | $11.4M | 50x | as long as short |
| HTX ETH-USDT | −0.117% | +0.0100% | 8h | $1.08B | $1.14B | 200x | as long as short |
| SunX ETH-USDT | −0.114% | +0.0100% | 8h | $938K | $14.1M | 100x | as long as short |
| Katana Perps ETH-USD | −0.113% | +0.0100% | 8h | $468K | $1.9M | 50x | as long as short |
| OKX ETH-USDT-SWAP | −0.113% | +0.0016% | 8h | $1.71B | $10.58B | 100x | as long as short |
| Bybit ETHUSDT | −0.113% | +0.0100% | 8h | $2.42B | $4.28B | 150x | as long as short |
| Ondo Perps ETH-USD.P | −0.110% | +0.0285% | 1h | $3.2M | $12.6M | 25x | as long as short |
| BingX ETH-USDT | −0.109% | +0.0100% | 8h | — | $1.05B | — | as long as short |
| Reya ETHRUSDPERP | −0.109% | +0.0148% | 1h | $7.3M | $912K | 25x | as long as short |
| KuCoin ETHUSDTM | −0.104% | +0.0100% | 8h | $393.0M | $670.1M | 100x | as long as short |
| Bluefin ETH-PERP | −0.104% | +0.0694% | 1h | $19K | $24K | 25x | as long as short |
| MEXC ETH_USDT | −0.104% | +0.0100% | 8h | $1.54B | $2.33B | 500x | as long as short |
| Bitget ETHUSDT | −0.103% | +0.0079% | 8h | $2.12B | $2.96B | 150x | as long as short |
| Binance ETHUSDT | −0.103% | +0.0100% | 8h | $6.54B | $14.55B | 150x | as long as short |
| SoDEX ETH-USD | −0.102% | +0.0085% | 1h | $55.4M | $139.7M | 40x | as long as short |
| RISEx ETH/USDC | −0.101% | +0.0266% | 1h | $5.9M | $13.5M | 25x | as long as short |
| Arcus ETH-USD | −0.098% | +0.0100% | 1h | $2.4M | $14.3M | 25x | as long as short |
| Perpl ETH | −0.098% | −0.0335% | 43m | $181K | $5.3M | 8.3x | as long as short |
| Gate ETH_USDT | −0.097% | −0.0040% | 8h | $3.67B | $8.32B | 200x | as long as short |
| Bullet ETH-USD | −0.094% | +0.0066% | 1h | $181K | $1.9M | 20x | as long as short |
| Aster ETHUSDT | −0.091% | +0.0100% | 8h | $267.7M | $812.6M | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | −0.089% | L +0.0016% / S +0.0014% | 1h | $11.6M | — | 200x | as long as short |
| Aevo ETH-PERPshort | −0.088% | +0.0096% | 1h | $4.9M | $778K | 20x | |
| Jupiter Perps ETH-PERP | −0.083% | L +0.0096% / S +0.0048% | 1h | — | $41.5M | 500x | as long as short |
| gTrade (Gains Network) ETH/USD | −0.082% | L +0.0006% / S −0.0006% | 1h | $22.1M | — | 200x | as long as short |
| Lighter ETH | −0.079% | +0.0096% | 1h | $118.5M | $471.3M | 50x | as long as short |
| Vest ETH-PERP | −0.079% | +0.0100% | 1h | — | $1.2M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | −0.077% | +0.0056% | 1h | $60.7M | $4.68B | 50x | as long as short |
| Phemex ETHUSDT | −0.075% | +0.0046% | 8h | $263.2M | $65.7M | 150x | as long as short |
| Kraken Futures PF_ETHUSD | −0.071% | +0.0262% | 1h | $85.0M | $313.7M | 100x | as long as short |
| Aftermath Perps ETHUSD | −0.067% | +0.0230% | 1h | $29K | $34K | 20x | as long as short |
| Polymarket Perps ETH-USD | −0.058% | +0.0100% | 1h | $10.7M | $4.8M | 50x | as long as short |
| ApeX Omni ETHUSDT | −0.053% | +0.0028% | 1h | $7.6M | $27.4M | 100x | as long as short |
| Deribit ETH-PERPETUAL | −0.052% | +0.0195% | 1h | $259.5M | $209.0M | 50x | as long as short |
| edgeX ETHUSDC | −0.035% | +0.0100% | 4h | $192.3M | $668.9M | 100x | as long as short |
| Lighter RH ETH | −0.033% | +0.0096% | 1h | $25.8M | $115.2M | 50x | as long as short |
| Orderly PERP_ETH_USDC | −0.026% | +0.0213% | 8h | $31.9M | $11.1M | 100x | as long as short |
| 01 Exchange ETHUSD | −0.025% | +0.0536% | 1h | $186K | $1.0M | 50x | as long as short |
| Hibachi ETH/USDT-Plong | 0.000% | +0.0248% | 1h | $306K | $1.2M | 20x | |
| Hyperliquid ETH | +0.004% | +0.0226% | 1h | $3.17B | $2.07B | 25x | as long as short |
| Phoenix ETH | +0.011% | +0.0070% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Derive ETH-PERP | +0.072% | +0.0773% | 1h | $42.3M | $18.9M | 15x | as long as short |
Backpack
Injective
Pacifica
Variational Omni
StandX
Bulk
Extended
BloFin
Paradex
HTX
SunX
Katana Perps
OKX
Bybit
BingX
KuCoin
Bluefin
MEXC
Bitget
Binance
SoDEX
RISEx
Gate
Bullet
Aster
GMX
gTrade (Gains Network)
Lighter
Coinbase International
Phemex
Kraken Futures
Polymarket Perps
ApeX Omni
Deribit
Lighter RH
Hyperliquid
Phoenix
Derive