Funding you earn now, next payment 12:00 UTC−0.0025%/8h= −2.8% APRpaid last 24h −0.041%
Price spread now: Paradex against Binance−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.6965 | 0.0036 | pay 0.0018% / 4h | 1h 55m | $24.4M | $32.0M | 75x |
| Short | Paradex ETHFI-USD-PERP | 0.6964 | 0.0010 | get 0.0010% / 8h | 5h 55m | $6K | — | 5x |
Binance ETHFIUSDT
Paradex ETHFI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.31
- Price spread: −0.014% → 0.000%
- −$1.43
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$20.74
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Paradex: no order-book sample. Net counts fees only.
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, 9 min ago | 0.72 bp | 12.7 bp −$13 | 33.3 bp −$333 | 163.8 bp −$16.4K | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 on 24 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0610% | 1h | 0.6967 | +0.029% | $42K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0308% | 4h | 0.6965 | 0.000% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0165% | 4h | 0.6971 | +0.089% | $930K | $711K | — | as long as short |
| HTX ETHFI-USDT | −0.0005% | 4h | 0.6965 | 0.000% | $83K | $133K | 20x | as long as short |
| Paradex ETHFI-USD-PERPshort | +0.0010% | 8h | 0.6964 | −0.014% | $6K | — | 5x | |
| Extended ETHFI-USD | +0.0032% | 1h | 0.6962 | −0.048% | $110K | $499K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.948% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDTlong | +0.0036% | 4h | 0.6965 | long leg | $24.4M | $32.0M | 75x | |
| MEXC ETHFI_USDT | +0.0038% | 4h | 0.6965 | 0.000% | $15.7M | $4.0M | 125x | as long as short |
| Bybit ETHFIUSDT | +0.0079% | 4h | 0.6967 | +0.029% | $17.2M | $11.8M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Bybit ETHFIUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.6965 | 0.000% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6977 | +0.167% | $1.1M | $726K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6975 | +0.142% | $16.8M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6976 | +0.161% | $179K | $162K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6971 | +0.086% | $5.1M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6973 | +0.115% | $1.7M | $1.7M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6980 | +0.215% | $1.2M | $180K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6972 | +0.101% | $6.2M | $3.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6966 | +0.014% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6975 | +0.144% | $52K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6975 | +0.144% | $2K | $1.0M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0160% | 4h | 0.6972 | +0.101% | $1.2M | $234K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0320% | 1h | 0.7040 | +1.077% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0574% | 1h | 0.6981 | +0.233% | $301K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD