After costs, if the gap returns to its 7d average, $10k−$89
spread now+0.114%7d average+0.079%fees + slippage, in and out−$92spread needed0.923%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.7224 | 0.0340 | pay 0.0170% / 4h | 1h 11m | $1.3M | $294K | 75x |
| Short | Kraken Futures PF_ETHFIUSD | 0.7232 | −0.0346 | pay 0.0043% / 1h | 11m 51s | $281K | $171K | 20x |
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
- $11.42
- Funding while held
- −$20.58
- Slippage, 4 orders
- −$70.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$101.5
- Spread needed to break even
- 0.923%
Slippage from BloFin: live order book, 2 min ago; Kraken Futures: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0686%
- Per $10,000 a day
- −$20.58
- 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, 2 min ago | 2.77 bp | 12.2 bp −$12 | 21.0 bp −$210 | 76.1 bp −$7,612 | doesn't fit |
| Sell Kraken Futures live order book, 22 min ago | 15.86 bp | 36.8 bp −$37 | 132.3 bp −$1,323 | 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 | −0.180% | −0.0028% | 4h | $84K | $152K | 20x | as long as short |
| Bitget ETHFIUSDT | −0.125% | −0.0026% | 4h | $6.2M | $5.5M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.088% | −0.0020% | 8h | $6K | — | 5x | as long as short |
| Binance ETHFIUSDT | −0.067% | +0.0100% | 4h | $25.4M | $35.2M | 75x | as long as short |
| Extended ETHFI-USD | −0.062% | +0.0104% | 1h | $96K | $484K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.055% | +0.0100% | 4h | $15.1M | $3.7M | 125x | as long as short |
| Bybit ETHFIUSDT | −0.042% | −0.0021% | 4h | $18.6M | $12.4M | 25x | as long as short |
| BingX ETHFI-USDC | −0.028% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| OKX ETHFI-USDT-SWAP | −0.014% | +0.0100% | 4h | $4.9M | $12.1M | 20x | as long as short |
| Aevo ETHFI-PERP | −0.007% | +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 | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ETHFI_USDC | 0.000% | −0.0138% | 4h | $17K | $1K | 10x | as long as short |
| BloFin ETHFI-USDTlong | 0.000% | +0.0340% | 4h | $1.3M | $294K | 75x | |
| Gate ETHFI_USDT | +0.014% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| Aster ETHFIUSDT | +0.017% | +0.0100% | 4h | $182K | $238K | 10x | as long as short |
| Variational Omni ETHFI | +0.031% | −0.0077% | 4h | $1.1M | $767K | — | as long as short |
| KuCoin ETHFIUSDTM | +0.042% | +0.0100% | 4h | $1.2M | $262K | 50x | as long as short |
| SunX ETHFI-USDT | +0.042% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.042% | −0.0303% | 1h | $44K | $18K | 10x | as long as short |
| Polymarket Perps ETHFI-USD | +0.051% | +0.0100% | 1h | $48K | $55K | 5x | as long as short |
| Lighter ETHFI | +0.090% | +0.0096% | 1h | $1.1M | $870K | 5x | as long as short |
| Kraken Futures PF_ETHFIUSDshort | +0.114% | −0.0346% | 1h | $281K | $171K | 20x | |
| Hyperliquid ETHFI | +0.184% | +0.0100% | 1h | $19.7M | $7.3M | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.194% | +0.0464% | 1h | $32K | $8K | 50x | as long as short |
| Injective ETHFI/USDC PERP | +3.004% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
BloFin ETHFI-USDT
Kraken Futures PF_ETHFIUSD
HTX
Bitget
Paradex
Binance
Extended
MEXC
Bybit
BingX
OKX
Gate
Aster
Variational Omni
KuCoin
SunX
Deribit
Polymarket Perps
Lighter
Hyperliquid
Coinbase International
Injective