Spread before costs (cost unknown: a leg has no order-book sample)+0.272%
7d average—if it closes, per $10,000$27funding while held, a day−$7.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.7203 | 0.0340 | pay 0.0170% / 4h | 2h 21m | $1.3M | $291K | 75x |
| Short | Polymarket Perps ETHFI-USD | 0.7223 | 0.0100 | get 0.0013% / 1h | 21m 15s | $48K | $54K | 5x |
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USDPrice 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
- $27.21
- Funding while held
- −$7.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $0.01
- Spread needed to break even
- 0.200%
Slippage unknown: BloFin: live order book, 3 min ago; Polymarket Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- 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, 3 min ago | 2.09 bp | 8.5 bp −$9 | 20.4 bp −$204 | 77.4 bp −$7,738 | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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.BloFin0.7203cheapest
HTX0.7205+0.028%Variational Omni0.7207+0.054%Bitget0.7213+0.139%Binance0.7215+0.164%Extended0.7215+0.164%MEXC0.7215+0.167%Aevo0.7215+0.173%Paradex0.7216+0.180%OKX0.7216+0.180%KuCoin0.7216+0.180%BingX0.7216+0.180%Bybit0.7217+0.194%Gate0.7217+0.194%Orderly0.7217+0.194%Aster0.7221+0.251%
HTX
Variational Omni
Bitget
Binance
Extended
MEXC
Aevo
Paradex
OKX
KuCoin
BingX
Bybit
Gate
Orderly
AsterPolymarket Perps0.7223+0.272%
SunX0.7223+0.278%Deribit0.7223+0.278%Kraken Futures0.7224+0.290%Hyperliquid0.7229+0.357%Coinbase International0.7229+0.361%Lighter0.7236+0.460%Injective0.7441+3.304%
SunX
Deribit
Kraken Futures
Hyperliquid
Coinbase International
Lighter
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDTlong | 0.000% | +0.0340% | 4h | $1.3M | $291K | 75x | |
| HTX ETHFI-USDT | +0.028% | −0.0097% | 4h | $84K | $153K | 20x | as long as short |
| Variational Omni ETHFI | +0.054% | +0.0100% | 4h | $1.1M | $785K | — | as long as short |
| Bitget ETHFIUSDT | +0.139% | +0.0046% | 4h | $6.2M | $5.5M | 75x | as long as short |
| Binance ETHFIUSDT | +0.164% | +0.0100% | 4h | $25.4M | $35.0M | 75x | as long as short |
| Extended ETHFI-USD | +0.164% | +0.0104% | 1h | $96K | $494K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.167% | +0.0100% | 4h | $15.3M | $3.8M | 125x | as long as short |
| Aevo ETHFI-PERP | +0.173% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Paradex ETHFI-USD-PERP | +0.180% | −0.0002% | 8h | $6K | — | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.180% | +0.0100% | 4h | $4.8M | $11.9M | 20x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ETHFIUSDTM | +0.180% | +0.0100% | 4h | $1.2M | $263K | 50x | as long as short |
| BingX ETHFI-USDC | +0.180% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Bybit ETHFIUSDT | +0.194% | +0.0100% | 4h | $18.6M | $12.4M | 25x | as long as short |
| Gate ETHFI_USDT | +0.194% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| Orderly PERP_ETHFI_USDC | +0.194% | −0.0131% | 4h | $16K | $1K | 10x | as long as short |
| Aster ETHFIUSDT | +0.251% | +0.0100% | 4h | $184K | $234K | 10x | as long as short |
| Polymarket Perps ETHFI-USDshort | +0.272% | +0.0100% | 1h | $48K | $54K | 5x | |
| SunX ETHFI-USDT | +0.278% | +0.0100% | 4h | $1K | $1.0M | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.278% | −0.0027% | 1h | $44K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.290% | +0.0270% | 1h | $279K | $169K | 20x | as long as short |
| Hyperliquid ETHFI | +0.357% | +0.0100% | 1h | $19.7M | $7.2M | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.361% | +0.0464% | 1h | $32K | $16K | 50x | as long as short |
| Lighter ETHFI | +0.460% | +0.0256% | 1h | $1.3M | $562K | 5x | as long as short |
| Injective ETHFI/USDC PERP | +3.304% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |