After costs, if the gap returns to its 7d average, $10k−$87
spread now−0.014%7d average—fees + slippage, in and out−$85spread needed0.852%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHFIUSDT | 0.7225 | −0.0058 | get 0.0029% / 4h | 1h 43m | $18.6M | $12.5M | 25x |
| Short | BingX ETHFI-USDC | 0.7224 | 0.0100 | get 0.0050% / 4h | 1h 43m | — | $1.2M | — |
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
- −$1.38
- Funding while held
- $4.73
- Slippage, 4 orders
- −$64.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$81.88
- Spread needed to break even
- 0.852%
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0158%
- Per $10,000 a day
- +$4.73
- 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 Bybit live order book, 1 min ago | 1.38 bp | 17.1 bp −$17 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.08 bp | 29.3 bp −$29 | 96.3 bp −$963 | 611.2 bp −$61.1K | 791.0 bp −$395.5K |
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 | −0.388% | −0.0093% | 4h | $83K | $153K | 20x | as long as short |
| Variational Omni ETHFI | −0.260% | −0.0048% | 4h | $1.1M | $777K | — | as long as short |
| MEXC ETHFI_USDT | −0.042% | +0.0100% | 4h | $15.2M | $3.7M | 125x | as long as short |
| Bitget ETHFIUSDT | −0.042% | +0.0002% | 4h | $6.2M | $5.5M | 75x | as long as short |
| BloFin ETHFI-USDT | −0.042% | +0.0340% | 4h | $1.3M | $293K | 75x | as long as short |
| Binance ETHFIUSDT | −0.038% | +0.0100% | 4h | $25.4M | $35.2M | 75x | as long as short |
| Extended ETHFI-USD | −0.037% | +0.0104% | 1h | $96K | $484K | 10x | as long as short |
| KuCoin ETHFIUSDTM | −0.014% | +0.0100% | 4h | $1.2M | $263K | 50x | as long as short |
| BingX ETHFI-USDCshort | −0.014% | +0.0100% | 4h | — | $1.2M | — | |
| Paradex ETHFI-USD-PERP | −0.007% | −0.0061% | 8h | $6K | — | 5x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDTlong | 0.000% | −0.0058% | 4h | $18.6M | $12.5M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.028% | +0.0100% | 4h | $4.8M | $12.1M | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | +0.028% | −0.0138% | 4h | $17K | $1K | 10x | as long as short |
| Polymarket Perps ETHFI-USD | +0.029% | +0.0100% | 1h | $48K | $54K | 5x | as long as short |
| Gate ETHFI_USDT | +0.042% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.055% | −0.0303% | 1h | $44K | $18K | 10x | as long as short |
| Aster ETHFIUSDT | +0.059% | +0.0100% | 4h | $183K | $238K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.069% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| SunX ETHFI-USDT | +0.083% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.089% | −0.0346% | 1h | $278K | $169K | 20x | as long as short |
| Hyperliquid ETHFI | +0.183% | +0.0100% | 1h | $19.7M | $7.3M | 5x | as long as short |
| Lighter ETHFI | +0.205% | +0.0096% | 1h | $1.2M | $676K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.208% | +0.0464% | 1h | $32K | $9K | 50x | as long as short |
| Injective ETHFI/USDC PERP | +2.990% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
Bybit ETHFIUSDT
BingX ETHFI-USDC
HTX
Variational Omni
MEXC
Bitget
BloFin
Binance
Extended
KuCoin
Paradex
OKX
Polymarket Perps
Gate
Deribit
Aster
SunX
Kraken Futures
Hyperliquid
Lighter
Coinbase International
Injective