After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.054%7d average+0.020%fees + slippage, in and out−$63spread needed0.629%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7130 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $25.1M | $35.2M | 75x |
| Short | Bitget ETHFIUSDT | 0.7126 | 0.0080 | get 0.0040% / 4h | 2h 39m | $6.1M | $5.6M | 75x |
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
- −$5.4
- Funding while held
- −$0.6
- Slippage, 4 orders
- −$40.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$68.87
- Spread needed to break even
- 0.629%
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.60
- 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 Binance live order book, 4 min ago | 0.70 bp | 12.8 bp −$13 | 31.0 bp −$310 | 169.3 bp −$16.9K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.40 bp | 18.7 bp −$19 | 51.4 bp −$514 | doesn't fit | doesn't fit |
ETHFI price on every exchange
against the cheapest. Click to use as the short leg.ETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.208% | +0.0043% | 4h | $83K | $155K | 20x | as long as short |
| Aevo ETHFI-PERP | −0.068% | +0.0104% | 1h | $8K | — | 3x | as long as short |
| Bitget ETHFIUSDTshort | −0.054% | +0.0080% | 4h | $6.1M | $5.6M | 75x | |
| Extended ETHFI-USD | −0.051% | +0.0104% | 1h | $95K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.026% | +0.0100% | 4h | $15.1M | $3.8M | 125x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.026% | −0.0133% | 4h | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.023% | −0.0016% | 8h | $6K | — | 5x | as long as short |
| Binance ETHFIUSDTlong | 0.000% | +0.0100% | 4h | $25.1M | $35.2M | 75x | |
| Gate ETHFI_USDT | +0.002% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.002% | +0.0100% | 4h | — | $25.9M | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | +0.002% | −0.0451% | 1h | $43K | $18K | 10x | as long as short |
| BloFin ETHFI-USDT | +0.016% | +0.0340% | 4h | $1.3M | $291K | 75x | as long as short |
| Bybit ETHFIUSDT | +0.030% | +0.0100% | 4h | $18.4M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.044% | +0.0100% | 4h | $4.8M | $11.7M | 20x | as long as short |
| Aster ETHFIUSDT | +0.078% | +0.0100% | 4h | $183K | $243K | 10x | as long as short |
| Hyperliquid ETHFI | +0.082% | +0.0100% | 1h | $19.5M | $7.2M | 5x | as long as short |
| KuCoin ETHFIUSDTM | +0.086% | +0.0100% | 4h | $1.2M | $269K | 50x | as long as short |
| SunX ETHFI-USDT | +0.114% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.147% | +0.0274% | 1h | $276K | $176K | 20x | as long as short |
| Variational Omni ETHFI | +0.169% | +0.0098% | 4h | $1.0M | $793K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.183% | +0.0100% | 1h | $48K | $54K | 5x | as long as short |
| Lighter ETHFI | +0.256% | +0.0128% | 1h | $1.2M | $559K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +2.204% | +0.0464% | 1h | $32K | $19K | 50x | as long as short |
| Injective ETHFI/USDC PERP | +4.364% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
Binance ETHFIUSDT
Bitget ETHFIUSDT
HTX
Extended
MEXC
Paradex
Gate
BingX
Deribit
BloFin
Bybit
OKX
Aster
Hyperliquid
KuCoin
SunX
Kraken Futures
Variational Omni
Polymarket Perps
Lighter
Coinbase International
Injective