Spread before costs (cost unknown: a leg has no order-book sample)+0.977%
7d average—if it closes, per $10,000$98funding while held, a day+$5.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7268 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $25.7M | $35.6M | 75x |
| Short | Coinbase International ETHFI-PERP-INTX | 0.7339 | 0.0288 | get 0.0036% / 1h | 22m 15s | $32K | $55K | 50x |
Binance ETHFIUSDT
Coinbase International ETHFI-PERP-INTXPrice 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
- $97.69
- Funding while held
- $5.64
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $83.33
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 6 min ago; Coinbase International: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0188%
- Per $10,000 a day
- +$5.64
- 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, 6 min ago | 0.68 bp | 13.9 bp −$14 | 32.7 bp −$327 | 175.0 bp −$17.5K | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.
ETHFI price on every exchange
against the cheapest. Click to use as the short leg.Binance0.7268cheapest
Bybit0.7269+0.014%Extended0.7271+0.040%OKX0.7273+0.069%MEXC0.7273+0.069%HTX0.7273+0.069%Bitget0.7274+0.083%BingX0.7274+0.083%Orderly0.7274+0.083%Aevo0.7275+0.096%Deribit0.7277+0.124%Gate0.7278+0.138%Kraken Futures0.7283+0.213%SunX0.7284+0.220%Aster0.7284+0.226%Lighter0.7285+0.231%Paradex0.7285+0.232%KuCoin0.7285+0.234%Hyperliquid0.7288+0.271%BloFin0.7288+0.275%Polymarket Perps0.7288+0.281%Variational Omni0.7297+0.394%
Bybit
Extended
OKX
MEXC
HTX
Bitget
BingX
Orderly
Aevo
Deribit
Gate
Kraken Futures
SunX
Aster
Lighter
Paradex
KuCoin
Hyperliquid
BloFin
Polymarket Perps
Variational OmniCoinbase International0.7339+0.977%
Injective0.7441+2.380%
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ETHFIUSDTlong | 0.000% | +0.0100% | 4h | $25.7M | $35.6M | 75x | |
| Bybit ETHFIUSDT | +0.014% | +0.0100% | 4h | $18.8M | $12.7M | 25x | as long as short |
| Extended ETHFI-USD | +0.040% | +0.0104% | 1h | $109K | $486K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.069% | +0.0034% | 4h | $4.9M | $12.0M | 20x | as long as short |
| MEXC ETHFI_USDT | +0.069% | +0.0100% | 4h | $15.6M | $4.0M | 125x | as long as short |
| HTX ETHFI-USDT | +0.069% | −0.0061% | 4h | $84K | $160K | 20x | as long as short |
| Bitget ETHFIUSDT | +0.083% | +0.0100% | 4h | $6.2M | $5.6M | 75x | as long as short |
| BingX ETHFI-USDT | +0.083% | +0.0100% | 4h | — | $25.9M | — | as long as short |
| Orderly PERP_ETHFI_USDC | +0.083% | −0.0119% | 4h | $17K | $1K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.096% | +0.0104% | 1h | $9K | — | 3x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | +0.124% | −0.0162% | 1h | $44K | $18K | 10x | as long as short |
| Gate ETHFI_USDT | +0.138% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.213% | −0.0289% | 1h | $280K | $176K | 20x | as long as short |
| SunX ETHFI-USDT | +0.220% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Aster ETHFIUSDT | +0.226% | +0.0100% | 4h | $186K | $251K | 10x | as long as short |
| Lighter ETHFI | +0.231% | +0.0224% | 1h | $1.3M | $558K | 5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.232% | +0.0010% | 8h | $6K | — | 5x | as long as short |
| KuCoin ETHFIUSDTM | +0.234% | +0.0100% | 4h | $1.2M | $273K | 50x | as long as short |
| Hyperliquid ETHFI | +0.271% | +0.0413% | 1h | $20.2M | $7.1M | 5x | as long as short |
| BloFin ETHFI-USDT | +0.275% | +0.0340% | 4h | $1.4M | $291K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.281% | +0.0100% | 1h | $48K | $52K | 5x | as long as short |
| Variational Omni ETHFI | +0.394% | +0.0100% | 4h | $1.1M | $842K | — | as long as short |
| Coinbase International ETHFI-PERP-INTXshort | +0.977% | +0.0288% | 1h | $32K | $55K | 50x | |
| Injective ETHFI/USDC PERP | +2.380% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |