After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.050%7d average−0.008%fees + slippage, in and out−$24spread needed0.242%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHUSDTM | 2,747.4 | 0.0100 | pay 0.0100% / 8h | 49m 07s | $387.8M | $676.6M | 100x |
| Short | Kalshi KXETHPERP | 2,748.8 | 0 | get 0.0000% / 8h | 4h 49m | $6.0M | $522.1M | 4.9x |
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
- $4.95
- Funding while held
- −$3
- Slippage, 4 orders
- −$2.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$22.21
- Spread needed to break even
- 0.242%
Slippage from KuCoin: live order book, 6 min ago; Kalshi: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 KuCoin live order book, 6 min ago | 0.02 bp | 6.0 bp −$6 | 7.1 bp −$71 | 10.5 bp −$1,054 | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 0.36 bp | 5.6 bp −$6 | 6.7 bp −$67 | 11.8 bp −$1,182 | 19.8 bp −$9,905 |
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 | −0.292% | +0.0100% | 1h | $152.2M | $277.4M | 25x | as long as short |
| Aftermath Perps ETHUSD | −0.125% | +0.0244% | 1h | $29K | $27K | 20x | as long as short |
| edgeX ETHUSDC | −0.101% | +0.0100% | 4h | $176.4M | $736.9M | 100x | as long as short |
| Variational Omni ETH | −0.088% | +0.0100% | 8h | $155.0M | $302.2M | — | as long as short |
| Aevo ETH-PERP | −0.042% | +0.0096% | 1h | $5.0M | $752K | 20x | as long as short |
| HTX ETH-USDT | −0.041% | +0.0100% | 8h | $1.09B | $1.19B | 200x | as long as short |
| SunX ETH-USDT | −0.036% | +0.0100% | 8h | $947K | $14.5M | 100x | as long as short |
| StandX ETH-USD | −0.034% | +0.0100% | 1h | $21.0M | $51.8M | 40x | as long as short |
| Gate ETH_USDT | −0.029% | −0.0038% | 8h | $3.74B | $8.49B | 200x | as long as short |
| BloFin ETH-USDT | −0.026% | +0.0220% | 8h | $297.2M | $173.7M | 150x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ETHRUSDPERP | −0.024% | +0.0154% | 1h | $7.3M | $962K | 25x | as long as short |
| Extended ETH-USD | −0.023% | +0.0104% | 1h | $32.6M | $74.7M | 50x | as long as short |
| Bitget ETHUSDT | −0.020% | +0.0075% | 8h | $2.14B | $3.07B | 150x | as long as short |
| Backpack ETH_USDC_PERP | −0.020% | +0.0100% | 1h | $15.0M | $39.6M | 50x | as long as short |
| OKX ETH-USDT-SWAP | −0.018% | +0.0017% | 8h | $1.73B | $11.01B | 100x | as long as short |
| BingX ETH-USDT | −0.016% | +0.0100% | 8h | — | $1.09B | — | as long as short |
| Perpl ETH | −0.013% | 0.0000% | 43m | $401K | $5.8M | 8.3x | as long as short |
| MEXC ETH_USDT | −0.011% | +0.0100% | 8h | $1.54B | $2.41B | 500x | as long as short |
| Binance ETHUSDT | −0.010% | +0.0100% | 8h | $6.56B | $15.20B | 150x | as long as short |
| Injective ETH/USDC PERP | −0.005% | +0.0067% | 1h | $118K | $22.5M | 52x | as long as short |
| Ondo Perps ETH-USD.P | −0.001% | +0.0100% | 1h | $3.1M | $13.6M | 25x | as long as short |
| Phemex ETHUSDT | −0.001% | +0.0030% | 8h | $265.6M | $66.5M | 150x | as long as short |
| KuCoin ETHUSDTMlong | 0.000% | +0.0100% | 8h | $387.8M | $676.6M | 100x | |
| Vest ETH-PERP | +0.001% | +0.0100% | 1h | — | $1.2M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.006% | +0.0100% | 1h | $10.7M | $5.2M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.009% | +0.0002% | 1h | $7.7M | $27.7M | 100x | as long as short |
| Katana Perps ETH-USD | +0.013% | +0.0100% | 8h | $492K | $2.0M | 50x | as long as short |
| Bybit ETHUSDT | +0.015% | +0.0100% | 8h | $2.50B | $4.39B | 150x | as long as short |
| 01 Exchange ETHUSD | +0.017% | +0.0048% | 1h | $184K | $1.1M | 50x | as long as short |
| SoDEX ETH-USD | +0.017% | +0.0052% | 1h | $55.4M | $161.5M | 40x | as long as short |
| Aster ETHUSDT | +0.017% | +0.0100% | 8h | $269.7M | $840.6M | 200x | as long as short |
| Bullet ETH-USD | +0.020% | +0.0016% | 1h | $184K | $1.9M | 20x | as long as short |
| Bluefin ETH-PERP | +0.021% | +0.0100% | 1h | $20K | $24K | 25x | as long as short |
| RISEx ETH/USDC | +0.023% | +0.0171% | 1h | $5.9M | $13.5M | 25x | as long as short |
| Phoenix ETH | +0.028% | +0.0050% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Arcus ETH-USD | +0.032% | +0.0100% | 1h | $2.5M | $15.1M | 25x | as long as short |
| Jupiter Perps ETH-PERP | +0.033% | L +0.0104% / S +0.0048% | 1h | — | $45.8M | 500x | as long as short |
| Hibachi ETH/USDT-P | +0.034% | +0.0200% | 1h | $289K | $1.3M | 20x | as long as short |
| dYdX ETH-USD | +0.039% | +0.0126% | 1h | $20.2M | $28.5M | 50x | as long as short |
| Nado ETH-PERP | +0.041% | +0.0100% | 1h | $17.8M | $112.7M | 50x | as long as short |
| Lighter ETH | +0.042% | +0.0096% | 1h | $119.9M | $488.2M | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | +0.046% | L +0.0018% / S +0.0014% | 1h | $11.9M | — | 200x | as long as short |
| Kalshi KXETHPERPshort | +0.050% | 0.0000% | 8h | $6.0M | $522.1M | 4.9x | |
| gTrade (Gains Network) ETH/USD | +0.052% | L +0.0006% / S −0.0006% | 1h | $22.2M | — | 200x | as long as short |
| Deribit ETH-PERPETUAL | +0.056% | +0.0063% | 1h | $260.5M | $212.5M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.056% | +0.0349% | 1h | $85.8M | $314.4M | 100x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.056% | +0.0088% | 1h | $60.6M | $4.79B | 50x | as long as short |
| Hotstuff ETH-PERP | +0.057% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Lighter RH ETH | +0.067% | +0.0096% | 1h | $25.5M | $116.1M | 50x | as long as short |
| Pacifica ETH | +0.075% | +0.0100% | 1h | $31.3M | $202.9M | 50x | as long as short |
| Orderly PERP_ETH_USDC | +0.079% | +0.0213% | 8h | $32.2M | $10.9M | 100x | as long as short |
| Hyperliquid ETH | +0.101% | +0.0153% | 1h | $3.20B | $2.12B | 25x | as long as short |
| Paradex ETH-USD-PERP | +0.179% | +0.0100% | 8h | $14.5M | $11.3M | 50x | as long as short |
| Derive ETH-PERP | +0.200% | +0.0508% | 1h | $43.3M | $26.1M | 15x | as long as short |
KuCoin ETHUSDTM
Bulk
Variational Omni
HTX
SunX
StandX
Gate
BloFin
Extended
Bitget
Backpack
OKX
BingX
MEXC
Binance
Injective
Phemex
Polymarket Perps
ApeX Omni
Katana Perps
Bybit
SoDEX
Aster
Bullet
Bluefin
RISEx
Phoenix
Lighter
GMX
gTrade (Gains Network)
Deribit
Kraken Futures
Coinbase International
Lighter RH
Pacifica
Hyperliquid
Paradex
Derive