Spread before costs (cost unknown: a leg has no order-book sample)+0.189%
7d average—if it closes, per $10,000$19funding while held, a day−$9.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.7427 | 0.0340 | pay 0.0170% / 4h | 48m 33s | $1.4M | $268K | 75x |
| Short | Injective ETHFI/USDC PERP | 0.7441 | 0.0033 | get 0.0004% / 1h | 48m 33s | $330 | $56K | 5.5x |
BloFin ETHFI-USDT
Injective ETHFI/USDC PERPPrice 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
- $18.85
- Funding while held
- −$9.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$2.37
- Spread needed to break even
- 0.120%
Slippage unknown: BloFin: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0307%
- Per $10,000 a day
- −$9.20
- 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 BloFin live order book, 5 min ago | 0.68 bp | 11.5 bp −$11 | 29.4 bp −$294 | 105.6 bp −$10.6K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Binance0.7406cheapestExtended0.7406+0.003%Bitget0.7407+0.014%Paradex0.7408+0.028%OKX0.7410+0.054%MEXC0.7412+0.081%Bybit0.7413+0.095%BingX0.7413+0.095%KuCoin0.7414+0.108%Variational Omni0.7414+0.109%Gate0.7416+0.135%Lighter0.7422+0.215%Aster0.7422+0.216%Aevo0.7426+0.269%HTX0.7426+0.270%Hyperliquid0.7427+0.284%
Binance
Extended
Bitget
Paradex
OKX
MEXC
Bybit
BingX
KuCoin
Variational Omni
Gate
Lighter
Aster
Aevo
HTX
HyperliquidBloFin0.7427+0.284%
Orderly0.7429+0.311%Deribit0.7431+0.338%SunX0.7434+0.378%Kraken Futures0.7434+0.379%
Orderly
Deribit
SunX
Kraken FuturesInjective0.7441+0.473%
Coinbase International0.7441+0.473%Polymarket Perps0.7451+0.612%
Coinbase International
Polymarket PerpsETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ETHFIUSDT | −0.283% | +0.0100% | 4h | $26.5M | $35.8M | 75x | as long as short |
| Extended ETHFI-USD | −0.279% | +0.0104% | 1h | $100K | $477K | 10x | as long as short |
| Bitget ETHFIUSDT | −0.269% | +0.0100% | 4h | $6.4M | $5.7M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.254% | −0.0003% | 8h | $6K | — | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | −0.229% | −0.0177% | 4h | $5.0M | $12.5M | 20x | as long as short |
| MEXC ETHFI_USDT | −0.202% | +0.0100% | 4h | $15.8M | $3.8M | 125x | as long as short |
| Bybit ETHFIUSDT | −0.189% | +0.0100% | 4h | $19.5M | $12.7M | 25x | as long as short |
| BingX ETHFI-USDC | −0.189% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| KuCoin ETHFIUSDTM | −0.175% | +0.0100% | 4h | $1.2M | $275K | 50x | as long as short |
| Variational Omni ETHFI | −0.174% | +0.0100% | 4h | $1.1M | $842K | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ETHFI_USDT | −0.148% | +0.0100% | 4h | $1.8M | $1.9M | 75x | as long as short |
| Lighter ETHFI | −0.069% | +0.0096% | 1h | $1.3M | $547K | 5x | as long as short |
| Aster ETHFIUSDT | −0.067% | +0.0100% | 4h | $195K | $234K | 10x | as long as short |
| Aevo ETHFI-PERP | −0.015% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| HTX ETHFI-USDT | −0.013% | +0.0002% | 4h | $79K | $140K | 20x | as long as short |
| Hyperliquid ETHFI | 0.000% | +0.0100% | 1h | $20.3M | $6.9M | 5x | as long as short |
| BloFin ETHFI-USDTlong | 0.000% | +0.0340% | 4h | $1.4M | $268K | 75x | |
| Orderly PERP_ETHFI_USDC | +0.027% | −0.0077% | 4h | $17K | $66 | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.054% | −0.0422% | 1h | $47K | $17K | 10x | as long as short |
| SunX ETHFI-USDT | +0.094% | +0.0100% | 4h | $2K | $998K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.095% | −0.0027% | 1h | $286K | $212K | 20x | as long as short |
| Injective ETHFI/USDC PERPshort | +0.189% | +0.0033% | 1h | $330 | $56K | 5.5x | |
| Coinbase International ETHFI-PERP-INTX | +0.189% | +0.0184% | 1h | $33K | $90K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.327% | +0.0100% | 1h | $61K | $36K | 5x | as long as short |