Spread before costs (cost unknown: a leg has no order-book sample)−2.043%
7d average—if it closes, per $10,000$204funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ETHFI/USDC PERP | 0.7441 | 0.0033 | pay 0.0004% / 1h | 51m 49s | $330 | $56K | 5.5x |
| Short | Bybit ETHFIUSDT | 0.7289 | 0.0100 | get 0.0050% / 4h | 1h 51m | $19.0M | $12.5M | 25x |
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTPrice 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
- −$204.27
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$213.29
- Spread needed to break even
- 0.110%
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.68 bp | 19.4 bp −$19 | 59.8 bp −$598 | doesn't fit | doesn't fit |
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.Extended0.7285cheapestBinance0.7286+0.013%
Extended
BinanceBybit0.7289+0.054%
Bitget0.7289+0.054%BingX0.7290+0.068%HTX0.7290+0.068%OKX0.7291+0.081%Gate0.7291+0.081%MEXC0.7291+0.081%Paradex0.7292+0.092%Orderly0.7294+0.123%Aevo0.7295+0.136%BloFin0.7295+0.136%Hyperliquid0.7297+0.157%Deribit0.7297+0.164%Aster0.7297+0.170%KuCoin0.7299+0.191%Lighter0.7299+0.194%Kraken Futures0.7304+0.262%SunX0.7305+0.274%Polymarket Perps0.7308+0.319%Variational Omni0.7390+1.439%
Bitget
BingX
HTX
OKX
Gate
MEXC
Paradex
Orderly
Aevo
BloFin
Hyperliquid
Deribit
Aster
KuCoin
Lighter
Kraken Futures
SunX
Polymarket Perps
Variational OmniInjective0.7441+2.140%
Coinbase International0.7544+3.554%
Coinbase InternationalETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ETHFI-USD | −2.096% | +0.0104% | 1h | $98K | $477K | 10x | as long as short |
| Binance ETHFIUSDT | −2.083% | +0.0100% | 4h | $26.1M | $35.1M | 75x | as long as short |
| Bybit ETHFIUSDTshort | −2.043% | +0.0100% | 4h | $19.0M | $12.5M | 25x | |
| Bitget ETHFIUSDT | −2.043% | +0.0100% | 4h | $6.4M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDC | −2.029% | −0.0268% | 4h | — | $1.2M | — | as long as short |
| HTX ETHFI-USDT | −2.029% | +0.0042% | 4h | $77K | $141K | 20x | as long as short |
| OKX ETHFI-USDT-SWAP | −2.016% | −0.0284% | 4h | $4.9M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | −2.016% | +0.0040% | 4h | $1.7M | $1.8M | 75x | as long as short |
| MEXC ETHFI_USDT | −2.016% | +0.0100% | 4h | $15.2M | $3.7M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | −2.006% | −0.0045% | 8h | $6K | — | 5x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ETHFI_USDC | −1.976% | −0.0045% | 4h | $17K | $44 | 10x | as long as short |
| Aevo ETHFI-PERP | −1.962% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| BloFin ETHFI-USDT | −1.962% | +0.0340% | 4h | $1.4M | $266K | 75x | as long as short |
| Hyperliquid ETHFI | −1.942% | +0.0100% | 1h | $20.0M | $6.7M | 5x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −1.935% | −0.0435% | 1h | $46K | $17K | 10x | as long as short |
| Aster ETHFIUSDT | −1.929% | +0.0100% | 4h | $192K | $227K | 10x | as long as short |
| KuCoin ETHFIUSDTM | −1.908% | +0.0060% | 4h | $1.2M | $293K | 50x | as long as short |
| Lighter ETHFI | −1.906% | +0.0096% | 1h | $1.3M | $518K | 5x | as long as short |
| Kraken Futures PF_ETHFIUSD | −1.839% | −0.0516% | 1h | $280K | $219K | 20x | as long as short |
| SunX ETHFI-USDT | −1.828% | +0.0100% | 4h | $2K | $981K | 20x | as long as short |
| Polymarket Perps ETHFI-USD | −1.783% | +0.0100% | 1h | $51K | $13K | 5x | as long as short |
| Variational Omni ETHFI | −0.687% | +0.0094% | 4h | $1.1M | $791K | — | as long as short |
| Injective ETHFI/USDC PERPlong | 0.000% | +0.0033% | 1h | $330 | $56K | 5.5x | |
| Coinbase International ETHFI-PERP-INTX | +1.384% | +0.0208% | 1h | $34K | $92K | 50x | as long as short |