Spread before costs (cost unknown: a leg has no order-book sample)+0.074%
7d average−0.051%if it closes, per $10,000$7funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ETH | 2,745.8 | 0.0096 | pay 0.0012% / 1h | 22m 03s | $25.2M | $120.3M | 50x |
| Short | Ondo Perps ETH-USD.P | 2,747.8 | 0.0100 | get 0.0013% / 1h | 22m 03s | $2.9M | $14.9M | 25x |
Lighter RH ETH
Ondo Perps ETH-USD.PPrice 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
- $7.36
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $2.48
- Spread needed to break even
- 0.050%
Slippage unknown: Lighter RH: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter RH live order book, 3 min ago | 1.71 bp | 1.7 bp −$2 | 2.8 bp −$28 | 12.6 bp −$1,263 | 73.4 bp −$36.7K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETH price on every exchange
against the cheapest. Click to use as the short leg.Injective2,583.8cheapest
OKX2,743.6+6.184%Binance2,743.7+6.187%HTX2,743.7+6.188%Bybit2,743.7+6.190%Bitget2,743.9+6.195%Extended2,743.9+6.197%MEXC2,744+6.199%Aevo2,744+6.201%Aster2,744.1+6.203%Backpack2,744.1+6.203%Bullet2,744.1+6.205%KuCoin2,744.1+6.205%SoDEX2,744.2+6.208%Gate2,744.3+6.210%BingX2,744.5+6.220%Phemex2,744.6+6.221%Lighter2,744.9+6.236%Bluefin2,745+6.238%GMX2,745.5+6.257%Nado2,745.7+6.264%gTrade (Gains Network)2,745.7+6.268%Kraken Futures2,745.8+6.269%
Injective
OKX
Binance
HTX
Bybit
Bitget
Extended
MEXC
Aevo
Aster
Backpack
Bullet
KuCoin
SoDEX
Gate
BingX
Phemex
Lighter
Bluefin
GMX
Nado
gTrade (Gains Network)
Kraken FuturesLighter RH2,745.8+6.269%
Reya2,745.8+6.270%Bulk2,746+6.278%Coinbase International2,746.1+6.281%Deribit2,746.2+6.285%ApeX Omni2,746.4+6.292%Perpl2,746.4+6.292%Derive2,746.5+6.298%Orderly2,746.6+6.300%Hyperliquid2,746.6+6.301%StandX2,747+6.316%Vest2,747.1+6.321%edgeX2,747.1+6.321%BloFin2,747.3+6.326%Phoenix2,747.5+6.336%Polymarket Perps2,747.7+6.343%Arcus2,747.7+6.345%
Reya
Bulk
Coinbase International
Deribit
ApeX Omni
Perpl
Derive
Orderly
Hyperliquid
StandX
Vest
BloFin
Phoenix
Polymarket Perps
ArcusOndo Perps2,747.8+6.347%
Katana Perps2,747.8+6.347%01 Exchange2,747.9+6.351%RISEx2,748+6.355%Hotstuff2,748.3+6.367%Kalshi2,748.5+6.374%SunX2,748.5+6.374%Jupiter Perps2,748.5+6.374%Variational Omni2,748.6+6.378%Aftermath Perps2,748.7+6.380%Pacifica2,748.7+6.381%Hibachi2,749.3+6.403%dYdX2,749.6+6.418%Paradex2,753.2+6.558%
Katana Perps
RISEx
Hotstuff
SunX
Jupiter Perps
Variational Omni
Pacifica
Hibachi
dYdX
ParadexETH on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ETH/USDC PERP | −5.899% | −0.0004% | 1h | $111K | $22.5M | 52x | as long as short |
| OKX ETH-USDT-SWAP | −0.080% | +0.0016% | 8h | $1.72B | $11.00B | 100x | as long as short |
| Binance ETHUSDT | −0.077% | +0.0047% | 8h | $6.54B | $15.92B | 150x | as long as short |
| HTX ETH-USDT | −0.076% | +0.0100% | 8h | $1.08B | $1.21B | 200x | as long as short |
| Bybit ETHUSDT | −0.074% | +0.0100% | 8h | $2.50B | $4.32B | 150x | as long as short |
| Bitget ETHUSDT | −0.070% | +0.0082% | 8h | $2.10B | $2.94B | 150x | as long as short |
| Extended ETH-USD | −0.068% | +0.0104% | 1h | $31.4M | $75.3M | 50x | as long as short |
| MEXC ETH_USDT | −0.066% | +0.0047% | 8h | $1.57B | $2.40B | 500x | as long as short |
| Aevo ETH-PERP | −0.064% | +0.0048% | 1h | $5.0M | $657K | 20x | as long as short |
| Aster ETHUSDT | −0.062% | +0.0081% | 8h | $266.7M | $934.2M | 200x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack ETH_USDC_PERP | −0.062% | +0.0100% | 1h | $15.2M | $41.7M | 50x | as long as short |
| Bullet ETH-USD | −0.060% | +0.0027% | 1h | $191K | $1.8M | 20x | as long as short |
| KuCoin ETHUSDTM | −0.060% | +0.0100% | 8h | $400.8M | $695.7M | 100x | as long as short |
| SoDEX ETH-USD | −0.058% | −0.0018% | 1h | $55.4M | $162.3M | 40x | as long as short |
| Gate ETH_USDT | −0.056% | +0.0071% | 8h | $3.34B | $8.98B | 200x | as long as short |
| BingX ETH-USDT | −0.046% | +0.0100% | 8h | — | $1.06B | — | as long as short |
| Phemex ETHUSDT | −0.045% | +0.0032% | 8h | $265.2M | $64.1M | 150x | as long as short |
| Lighter ETH | −0.031% | +0.0096% | 1h | $115.8M | $482.7M | 50x | as long as short |
| Bluefin ETH-PERP | −0.029% | +0.0100% | 1h | $21K | $25K | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | −0.012% | L −0.0013% / S +0.0045% | 1h | $11.9M | — | 200x | as long as short |
| Nado ETH-PERP | −0.005% | +0.0100% | 1h | $17.1M | $111.2M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | −0.001% | L +0.0006% / S −0.0006% | 1h | $22.2M | — | 200x | as long as short |
| Kraken Futures PF_ETHUSD | 0.000% | +0.0163% | 1h | $84.8M | $321.8M | 100x | as long as short |
| Lighter RH ETHlong | 0.000% | +0.0096% | 1h | $25.2M | $120.3M | 50x | |
| Reya ETHRUSDPERP | +0.001% | +0.0210% | 1h | $7.3M | $841K | 25x | as long as short |
| Bulk ETH-USD | +0.008% | −0.0008% | 1h | $158.8M | $269.2M | 25x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.011% | +0.0136% | 1h | $59.5M | $4.51B | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.015% | 0.0000% | 1h | $258.3M | $204.0M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.021% | +0.0020% | 1h | $8.2M | $28.0M | 100x | as long as short |
| Perpl ETH | +0.021% | 0.0000% | 43m | $290K | $6.3M | 8.3x | as long as short |
| Derive ETH-PERP | +0.027% | +0.0100% | 1h | $42.4M | $29.2M | 15x | as long as short |
| Orderly PERP_ETH_USDC | +0.029% | +0.0123% | 8h | $32.2M | $10.7M | 100x | as long as short |
| Hyperliquid ETH | +0.030% | +0.0100% | 1h | $3.20B | $2.14B | 25x | as long as short |
| StandX ETH-USD | +0.044% | +0.0100% | 1h | $21.1M | $52.3M | 40x | as long as short |
| Vest ETH-PERP | +0.048% | +0.0100% | 1h | — | $1.0M | 50x | as long as short |
| edgeX ETHUSDC | +0.049% | +0.0100% | 4h | $179.0M | $738.6M | 100x | as long as short |
| BloFin ETH-USDT | +0.054% | +0.0167% | 8h | $291.6M | $175.6M | 150x | as long as short |
| Phoenix ETH | +0.063% | +0.0073% | 1h | $1.1M | $2.5M | 25x | as long as short |
| Polymarket Perps ETH-USD | +0.070% | +0.0100% | 1h | $11.4M | $6.7M | 50x | as long as short |
| Arcus ETH-USD | +0.071% | +0.0100% | 1h | $2.7M | $16.0M | 25x | as long as short |
| Ondo Perps ETH-USD.Pshort | +0.074% | +0.0100% | 1h | $2.9M | $14.9M | 25x | |
| Katana Perps ETH-USD | +0.074% | +0.0100% | 8h | $475K | $2.4M | 50x | as long as short |
| 01 Exchange ETHUSD | +0.077% | 0.0000% | 1h | $180K | $1.2M | 50x | as long as short |
| RISEx ETH/USDC | +0.081% | +0.0083% | 1h | $5.8M | $12.1M | 25x | as long as short |
| Hotstuff ETH-PERP | +0.092% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Kalshi KXETHPERP | +0.099% | +0.0135% | 8h | $9.6M | $610.3M | 4.9x | as long as short |
| SunX ETH-USDT | +0.099% | +0.0100% | 8h | $964K | $14.1M | 100x | as long as short |
| Jupiter Perps ETH-PERP | +0.099% | L +0.0096% / S +0.0048% | 1h | — | $43.1M | 500x | as long as short |
| Variational Omni ETH | +0.102% | +0.0099% | 8h | $145.5M | $306.6M | — | as long as short |
| Aftermath Perps ETHUSD | +0.105% | +0.0130% | 1h | $29K | $19K | 20x | as long as short |
| Pacifica ETH | +0.106% | +0.0100% | 1h | $31.0M | $248.0M | 50x | as long as short |
| Hibachi ETH/USDT-P | +0.126% | +0.0232% | 1h | $285K | $1.4M | 20x | as long as short |
| dYdX ETH-USD | +0.140% | 0.0000% | 1h | $13.1M | $41.6M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.271% | +0.0100% | 8h | $14.7M | $10.8M | 50x | as long as short |