Spread before costs (cost unknown: a leg has no order-book sample)−0.164%
7d average—if it closes, per $10,000$16funding while held, a day−$10.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.7319 | 0.0340 | pay 0.0170% / 4h | 3h 47m | $1.4M | $277K | 75x |
| Short | Paradex ETHFI-USD-PERP | 0.7307 | −0.0005 | pay 0.0005% / 8h | 7h 47m | $6K | — | 5x |
BloFin ETHFI-USDT
Paradex ETHFI-USD-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
- −$16.39
- Funding while held
- −$10.36
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$42.74
- Spread needed to break even
- 0.160%
Slippage unknown: BloFin: live order book, 1 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0345%
- Per $10,000 a day
- −$10.36
- 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, 1 min ago | 1.37 bp | 11.4 bp −$11 | 19.5 bp −$195 | 80.4 bp −$8,036 | 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 price on every exchange
against the cheapest. Click to use as the short leg.HTX0.7281cheapestBinance0.7292+0.151%Aevo0.7295+0.192%MEXC0.7296+0.206%Bybit0.7297+0.220%Orderly0.7297+0.220%OKX0.7298+0.233%Extended0.7299+0.248%Gate0.7303+0.302%Bitget0.7303+0.302%BingX0.7303+0.302%KuCoin0.7305+0.330%Polymarket Perps0.7307+0.354%
HTX
Binance
Aevo
MEXC
Bybit
Orderly
OKX
Extended
Gate
Bitget
BingX
KuCoin
Polymarket PerpsParadex0.7307+0.357%
Variational Omni0.7307+0.359%Aster0.7309+0.385%Hyperliquid0.7314+0.452%
Variational Omni
Aster
HyperliquidBloFin0.7319+0.522%
Deribit0.7323+0.577%Lighter0.7324+0.595%SunX0.7328+0.646%Coinbase International0.7330+0.673%Kraken Futures0.7335+0.737%Injective0.7441+2.198%
Deribit
Lighter
SunX
Coinbase International
Kraken Futures
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.519% | −0.0535% | 4h | $84K | $160K | 20x | as long as short |
| Binance ETHFIUSDT | −0.369% | +0.0100% | 4h | $25.9M | $36.8M | 75x | as long as short |
| Aevo ETHFI-PERP | −0.328% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| MEXC ETHFI_USDT | −0.314% | +0.0100% | 4h | $15.7M | $4.0M | 125x | as long as short |
| Bybit ETHFIUSDT | −0.301% | +0.0100% | 4h | $19.0M | $13.2M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.301% | −0.0103% | 4h | $17K | $1K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | −0.287% | −0.0069% | 4h | $5.0M | $12.3M | 20x | as long as short |
| Extended ETHFI-USD | −0.273% | +0.0104% | 1h | $109K | $490K | 10x | as long as short |
| Gate ETHFI_USDT | −0.219% | +0.0100% | 4h | $1.8M | $1.9M | 75x | as long as short |
| Bitget ETHFIUSDT | −0.219% | +0.0100% | 4h | $6.3M | $5.7M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ETHFI-USDT | −0.219% | +0.0100% | 4h | — | $26.0M | — | as long as short |
| KuCoin ETHFIUSDTM | −0.191% | +0.0100% | 4h | $1.2M | $276K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | −0.167% | +0.0100% | 1h | $48K | $52K | 5x | as long as short |
| Paradex ETHFI-USD-PERPshort | −0.164% | −0.0005% | 8h | $6K | — | 5x | |
| Variational Omni ETHFI | −0.162% | +0.0100% | 4h | $1.1M | $847K | — | as long as short |
| Aster ETHFIUSDT | −0.136% | +0.0100% | 4h | $187K | $251K | 10x | as long as short |
| Hyperliquid ETHFI | −0.070% | +0.0635% | 1h | $20.3M | $7.3M | 5x | as long as short |
| BloFin ETHFI-USDTlong | 0.000% | +0.0340% | 4h | $1.4M | $277K | 75x | |
| Deribit ETHFI_USDC-PERPETUAL | +0.055% | −0.0296% | 1h | $46K | $17K | 10x | as long as short |
| Lighter ETHFI | +0.072% | +0.0208% | 1h | $1.3M | $557K | 5x | as long as short |
| SunX ETHFI-USDT | +0.123% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.150% | +0.0288% | 1h | $33K | $56K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.214% | −0.0287% | 1h | $282K | $191K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +1.667% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |