Spread before costs (cost unknown: a leg has no order-book sample)+2.819%
7d average—if it closes, per $10,000$282funding while held, a day+$14.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.7237 | −0.0440 | get 0.0055% / 1h | 8m 29s | $46K | $17K | 10x |
| Short | Injective ETHFI/USDC PERP | 0.7441 | 0.0033 | get 0.0004% / 1h | 8m 29s | $330 | $56K | 5.5x |
Deribit ETHFI_USDC-PERPETUAL
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
- $281.88
- Funding while held
- $14.21
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $289.08
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0474%
- Per $10,000 a day
- +$14.21
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Deribit and 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.HTX0.7223cheapestAevo0.7231+0.110%Orderly0.7232+0.125%BloFin0.7234+0.152%
HTX
Aevo
Orderly
BloFinDeribit0.7237+0.194%
Variational Omni0.7238+0.210%Bybit0.7241+0.249%KuCoin0.7241+0.249%Kraken Futures0.7242+0.262%Gate0.7242+0.263%Binance0.7242+0.267%Extended0.7243+0.273%SunX0.7243+0.277%Bitget0.7245+0.305%Paradex0.7246+0.313%OKX0.7246+0.318%MEXC0.7247+0.332%BingX0.7249+0.360%Aster0.7250+0.372%Polymarket Perps0.7251+0.386%Lighter0.7257+0.471%Hyperliquid0.7259+0.494%Coinbase International0.7291+0.941%
Variational Omni
Bybit
KuCoin
Kraken Futures
Gate
Binance
Extended
SunX
Bitget
Paradex
OKX
MEXC
BingX
Aster
Polymarket Perps
Lighter
Hyperliquid
Coinbase InternationalInjective0.7441+3.018%
ETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.193% | −0.0036% | 4h | $84K | $160K | 20x | as long as short |
| Aevo ETHFI-PERP | −0.083% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.069% | −0.0097% | 4h | $17K | $66 | 10x | as long as short |
| BloFin ETHFI-USDT | −0.041% | +0.0340% | 4h | $1.4M | $274K | 75x | as long as short |
| Deribit ETHFI_USDC-PERPETUALlong | 0.000% | −0.0440% | 1h | $46K | $17K | 10x | |
| Variational Omni ETHFI | +0.016% | +0.0100% | 4h | $1.1M | $892K | — | as long as short |
| Bybit ETHFIUSDT | +0.055% | +0.0100% | 4h | $18.8M | $13.2M | 25x | as long as short |
| KuCoin ETHFIUSDTM | +0.055% | +0.0100% | 4h | $1.2M | $276K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.068% | −0.0028% | 1h | $278K | $191K | 20x | as long as short |
| Gate ETHFI_USDT | +0.069% | +0.0038% | 4h | $1.7M | $2.0M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ETHFIUSDT | +0.073% | +0.0100% | 4h | $25.6M | $36.7M | 75x | as long as short |
| Extended ETHFI-USD | +0.079% | +0.0104% | 1h | $97K | $479K | 10x | as long as short |
| SunX ETHFI-USDT | +0.083% | +0.0100% | 4h | $1K | $1.0M | 20x | as long as short |
| Bitget ETHFIUSDT | +0.111% | +0.0100% | 4h | $6.2M | $5.7M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | +0.119% | −0.0040% | 8h | $6K | — | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.124% | −0.0151% | 4h | $4.9M | $12.4M | 20x | as long as short |
| MEXC ETHFI_USDT | +0.138% | +0.0100% | 4h | $15.5M | $4.0M | 125x | as long as short |
| BingX ETHFI-USDC | +0.166% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Aster ETHFIUSDT | +0.178% | +0.0100% | 4h | $186K | $250K | 10x | as long as short |
| Polymarket Perps ETHFI-USD | +0.192% | +0.0100% | 1h | $47K | $52K | 5x | as long as short |
| Lighter ETHFI | +0.276% | +0.0096% | 1h | $1.3M | $577K | 5x | as long as short |
| Hyperliquid ETHFI | +0.300% | +0.0100% | 1h | $19.6M | $6.9M | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.746% | +0.0184% | 1h | $32K | $58K | 50x | as long as short |
| Injective ETHFI/USDC PERPshort | +2.819% | +0.0033% | 1h | $330 | $56K | 5.5x |