After costs, if the gap returns to its 7d average, $10k−$126
spread now+0.229%7d average+0.144%fees + slippage, in and out−$135spread needed1.347%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7257 | 0.0104 | pay 0.0013% / 1h | 1m 56s | $97K | $479K | 10x |
| Short | Kraken Futures PF_ETHFIUSD | 0.7273 | −0.0028 | pay 0.0003% / 1h | 1m 56s | $279K | $191K | 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
- $22.93
- Funding while held
- −$3.96
- Slippage, 4 orders
- −$119.67
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$115.7
- Spread needed to break even
- 1.347%
Slippage from Extended: live order book, 47 min ago; Kraken Futures: live order book, 47 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0132%
- Per $10,000 a day
- −$3.96
- 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 Extended live order book, 47 min ago | 2.42 bp | 17.4 bp −$17 | 185.4 bp −$1,854 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 47 min ago | 35.00 bp | 51.0 bp −$51 | 134.8 bp −$1,348 | 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 | −0.274% | −0.0075% | 4h | $84K | $160K | 20x | as long as short |
| Variational Omni ETHFI | −0.230% | +0.0100% | 4h | $1.1M | $867K | — | as long as short |
| Aevo ETHFI-PERP | −0.070% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Bitget ETHFIUSDT | −0.025% | +0.0100% | 4h | $6.2M | $5.7M | 75x | as long as short |
| Extended ETHFI-USDlong | 0.000% | +0.0104% | 1h | $97K | $479K | 10x | |
| MEXC ETHFI_USDT | +0.002% | +0.0100% | 4h | $16.1M | $4.1M | 125x | as long as short |
| BingX ETHFI-USDT | +0.016% | +0.0100% | 4h | — | $26.0M | — | as long as short |
| Orderly PERP_ETHFI_USDC | +0.016% | −0.0101% | 4h | $17K | $66 | 10x | as long as short |
| Binance ETHFIUSDT | +0.030% | +0.0100% | 4h | $25.6M | $36.8M | 75x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.030% | −0.0438% | 1h | $46K | $17K | 10x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.043% | +0.0100% | 4h | $18.9M | $13.2M | 25x | as long as short |
| Paradex ETHFI-USD-PERP | +0.056% | −0.0029% | 8h | $6K | — | 5x | as long as short |
| KuCoin ETHFIUSDTM | +0.057% | +0.0100% | 4h | $1.2M | $274K | 50x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.071% | −0.0129% | 4h | $4.9M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.071% | +0.0056% | 4h | $1.7M | $2.0M | 75x | as long as short |
| SunX ETHFI-USDT | +0.099% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Aster ETHFIUSDT | +0.101% | +0.0100% | 4h | $186K | $250K | 10x | as long as short |
| BloFin ETHFI-USDT | +0.112% | +0.0340% | 4h | $1.4M | $275K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.145% | +0.0100% | 1h | $48K | $52K | 5x | as long as short |
| Lighter ETHFI | +0.196% | +0.0096% | 1h | $1.3M | $577K | 5x | as long as short |
| Kraken Futures PF_ETHFIUSDshort | +0.229% | −0.0028% | 1h | $279K | $191K | 20x | |
| Hyperliquid ETHFI | +0.245% | +0.0100% | 1h | $19.8M | $7.0M | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.471% | +0.0184% | 1h | $32K | $58K | 50x | as long as short |
| Injective ETHFI/USDC PERP | +2.538% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
Extended ETHFI-USD
Kraken Futures PF_ETHFIUSD
HTX
Variational Omni
Bitget
MEXC
BingX
Binance
Deribit
Bybit
Paradex
KuCoin
OKX
Gate
SunX
Aster
BloFin
Polymarket Perps
Lighter
Hyperliquid
Coinbase International
Injective