Spread before costs (cost unknown: a leg has no order-book sample)+0.029%
7d average+0.003%if it closes, per $10,000$3funding while held, a day−$4.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ETH-USD | 2,764.9 | 0.0100 | pay 0.0013% / 1h | 28m 38s | $10.8M | $5.5M | 50x |
| Short | Jupiter Perps ETH-PERP | 2,765.7 | L +0.0096% / S +0.0048% | pay 0.0006% / 1h | 28m 38s | — | $44.7M | 500x |
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
- $2.86
- Funding while held
- −$4.44
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Net
- −$21.58
- Spread needed to break even
- 0.200%
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Jupiter Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0148%
- Per $10,000 a day
- −$4.44
- 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 Polymarket Perps live order book, 2 min ago | 0.18 bp | 4.5 bp −$5 | 5.5 bp −$55 | 8.5 bp −$854 | doesn't fit |
| Sell Jupiter Perps no order-book sample | — | — | — | — | — |
Jupiter 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.ETH on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk ETH-USD | −0.330% | +0.0063% | 1h | $157.8M | $272.8M | 25x | as long as short |
| Phoenix ETH | −0.278% | +0.0035% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Injective ETH/USDC PERP | −0.271% | −0.0054% | 1h | $118K | $22.5M | 52x | as long as short |
| SunX ETH-USDT | −0.151% | +0.0079% | 8h | $951K | $14.6M | 100x | as long as short |
| Aftermath Perps ETHUSD | −0.133% | +0.0279% | 1h | $29K | $23K | 20x | as long as short |
| Variational Omni ETH | −0.123% | +0.0100% | 8h | $145.4M | $312.0M | — | as long as short |
| Nado ETH-PERP | −0.099% | +0.0100% | 1h | $17.8M | $111.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | −0.098% | +0.0100% | 1h | $3.0M | $14.9M | 25x | as long as short |
| StandX ETH-USD | −0.087% | +0.0100% | 1h | $21.2M | $51.0M | 40x | as long as short |
| edgeX ETHUSDC | −0.076% | +0.0100% | 4h | $179.1M | $765.5M | 100x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo ETH-PERP | −0.076% | +0.0080% | 1h | $5.0M | $723K | 20x | as long as short |
| Hibachi ETH/USDT-P | −0.073% | +0.0096% | 1h | $291K | $1.3M | 20x | as long as short |
| Hotstuff ETH-PERP | −0.040% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Arcus ETH-USD | −0.039% | +0.0100% | 1h | $2.7M | $16.1M | 25x | as long as short |
| Kalshi KXETHPERP | −0.036% | +0.0129% | 8h | $10.2M | $560.9M | 4.9x | as long as short |
| Vest ETH-PERP | −0.035% | +0.0100% | 1h | — | $1.1M | 50x | as long as short |
| MEXC ETH_USDT | −0.022% | +0.0078% | 8h | $1.52B | $2.46B | 500x | as long as short |
| SoDEX ETH-USD | −0.018% | +0.0029% | 1h | $55.8M | $161.9M | 40x | as long as short |
| Phemex ETHUSDT | −0.011% | −0.0031% | 8h | $266.6M | $66.8M | 150x | as long as short |
| BloFin ETH-USDT | −0.006% | +0.0198% | 8h | $291.7M | $177.0M | 150x | as long as short |
| Perpl ETH | −0.004% | −0.0447% | 43m | $421K | $6.2M | 8.3x | as long as short |
| Lighter ETH | −0.004% | +0.0096% | 1h | $117.0M | $497.9M | 50x | as long as short |
| Polymarket Perps ETH-USDlong | 0.000% | +0.0100% | 1h | $10.8M | $5.5M | 50x | |
| Bullet ETH-USD | 0.000% | +0.0100% | 1h | $199K | $1.9M | 20x | as long as short |
| HTX ETH-USDT | +0.001% | +0.0058% | 8h | $1.09B | $1.20B | 200x | as long as short |
| dYdX ETH-USD | +0.002% | 0.0000% | 1h | $16.6M | $34.0M | 50x | as long as short |
| Gate ETH_USDT | +0.003% | +0.0100% | 8h | $3.47B | $8.87B | 200x | as long as short |
| KuCoin ETHUSDTM | +0.003% | +0.0100% | 8h | $410.3M | $688.1M | 100x | as long as short |
| Bitget ETHUSDT | +0.007% | +0.0078% | 8h | $2.11B | $3.15B | 150x | as long as short |
| Reya ETHRUSDPERP | +0.008% | +0.0172% | 1h | $7.4M | $964K | 25x | as long as short |
| Backpack ETH_USDC_PERP | +0.010% | +0.0100% | 1h | $15.3M | $39.5M | 50x | as long as short |
| Pacifica ETH | +0.010% | +0.0100% | 1h | $31.4M | $221.5M | 50x | as long as short |
| Extended ETH-USD | +0.014% | +0.0104% | 1h | $31.7M | $78.6M | 50x | as long as short |
| BingX ETH-USDC | +0.014% | +0.0100% | 8h | — | $16.9M | — | as long as short |
| ApeX Omni ETHUSDT | +0.022% | +0.0087% | 1h | $8.0M | $27.9M | 100x | as long as short |
| Aster ETHUSDT | +0.023% | +0.0100% | 8h | $276.6M | $887.4M | 200x | as long as short |
| Binance ETHUSDT | +0.024% | +0.0077% | 8h | $6.59B | $15.94B | 150x | as long as short |
| Lighter RH ETH | +0.027% | +0.0096% | 1h | $25.4M | $117.7M | 50x | as long as short |
| Jupiter Perps ETH-PERPshort | +0.029% | L +0.0096% / S +0.0048% | 1h | — | $44.7M | 500x | |
| gTrade (Gains Network) ETH/USD | +0.031% | L +0.0006% / S −0.0006% | 1h | $22.4M | — | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | +0.032% | L −0.0013% / S +0.0045% | 1h | $11.8M | — | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.033% | +0.0013% | 8h | $1.72B | $11.30B | 100x | as long as short |
| Bluefin ETH-PERP | +0.033% | +0.3068% | 1h | $21K | $26K | 25x | as long as short |
| Katana Perps ETH-USD | +0.051% | +0.0100% | 8h | $472K | $2.2M | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.053% | +0.0261% | 1h | $87.0M | $314.8M | 100x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.056% | +0.0120% | 1h | $60.5M | $4.75B | 50x | as long as short |
| Bybit ETHUSDT | +0.062% | +0.0100% | 8h | $2.53B | $4.47B | 150x | as long as short |
| RISEx ETH/USDC | +0.066% | +0.0122% | 1h | $5.8M | $13.0M | 25x | as long as short |
| Deribit ETH-PERPETUAL | +0.069% | +0.0140% | 1h | $260.8M | $213.0M | 50x | as long as short |
| 01 Exchange ETHUSD | +0.072% | +0.0056% | 1h | $181K | $1.2M | 50x | as long as short |
| Orderly PERP_ETH_USDC | +0.084% | +0.0190% | 8h | $32.5M | $10.9M | 100x | as long as short |
| Hyperliquid ETH | +0.105% | +0.0490% | 1h | $3.32B | $2.17B | 25x | as long as short |
| Derive ETH-PERP | +0.110% | +0.0145% | 1h | $42.9M | $27.7M | 15x | as long as short |
| Paradex ETH-USD-PERP | +0.165% | +0.0100% | 8h | $15.0M | $11.7M | 50x | as long as short |
Polymarket Perps ETH-USD
Bulk
Phoenix
Injective
SunX
Variational Omni
StandX
MEXC
SoDEX
Phemex
BloFin
Lighter
Bullet
HTX
Gate
KuCoin
Bitget
Backpack
Pacifica
Extended
BingX
ApeX Omni
Aster
Binance
Lighter RH
gTrade (Gains Network)
GMX
OKX
Bluefin
Katana Perps
Kraken Futures
Coinbase International
Bybit
RISEx
Deribit
Hyperliquid
Derive
Paradex