Spread before costs (cost unknown: a leg has no order-book sample)−2.053%
7d average—if it closes, per $10,000$205funding 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 | 23m 31s | $330 | $56K | 5.5x |
| Short | Polymarket Perps ETHFI-USD | 0.7288 | 0.0100 | get 0.0013% / 1h | 23m 31s | $48K | $52K | 5x |
Injective ETHFI/USDC PERP
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
- −$205.35
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$211.37
- Spread needed to break even
- 0.080%
Slippage unknown: Injective: no order-book sample; Polymarket Perps: no order-book sample. 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 Polymarket Perps no order-book sample | — | — | — | — | — |
Injective and 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.HTX0.7271cheapestOrderly0.7281+0.138%Aevo0.7281+0.139%SunX0.7282+0.151%Deribit0.7283+0.165%Extended0.7285+0.191%MEXC0.7285+0.193%KuCoin0.7286+0.206%Bitget0.7287+0.220%Binance0.7288+0.230%Paradex0.7288+0.231%Bybit0.7288+0.234%
HTX
Orderly
Aevo
SunX
Deribit
Extended
MEXC
KuCoin
Bitget
Binance
Paradex
BybitPolymarket Perps0.7288+0.237%
Gate0.7289+0.248%BingX0.7289+0.248%Aster0.7291+0.271%OKX0.7291+0.275%Kraken Futures0.7294+0.312%Hyperliquid0.7296+0.342%BloFin0.7296+0.344%Variational Omni0.7297+0.352%Lighter0.7298+0.375%Coinbase International0.7339+0.935%
Gate
BingX
Aster
OKX
Kraken Futures
Hyperliquid
BloFin
Variational Omni
Lighter
Coinbase InternationalInjective0.7441+2.338%
ETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −2.285% | −0.0009% | 4h | $84K | $160K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −2.150% | −0.0118% | 4h | $17K | $1K | 10x | as long as short |
| Aevo ETHFI-PERP | −2.149% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| SunX ETHFI-USDT | −2.137% | +0.0100% | 4h | $1K | $1.0M | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −2.123% | −0.0299% | 1h | $44K | $18K | 10x | as long as short |
| Extended ETHFI-USD | −2.098% | +0.0104% | 1h | $109K | $486K | 10x | as long as short |
| MEXC ETHFI_USDT | −2.096% | +0.0100% | 4h | $15.6M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | −2.083% | +0.0100% | 4h | $1.2M | $273K | 50x | as long as short |
| Bitget ETHFIUSDT | −2.070% | +0.0100% | 4h | $6.2M | $5.6M | 75x | as long as short |
| Binance ETHFIUSDT | −2.060% | +0.0100% | 4h | $25.8M | $35.6M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | −2.059% | +0.0011% | 8h | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | −2.056% | +0.0100% | 4h | $18.9M | $12.9M | 25x | as long as short |
| Polymarket Perps ETHFI-USDshort | −2.053% | +0.0100% | 1h | $48K | $52K | 5x | |
| Gate ETHFI_USDT | −2.043% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| BingX ETHFI-USDC | −2.043% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Aster ETHFIUSDT | −2.020% | +0.0100% | 4h | $186K | $251K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | −2.016% | +0.0031% | 4h | $5.0M | $12.0M | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −1.980% | −0.0289% | 1h | $281K | $181K | 20x | as long as short |
| Hyperliquid ETHFI | −1.950% | +0.0445% | 1h | $20.2M | $7.1M | 5x | as long as short |
| BloFin ETHFI-USDT | −1.949% | +0.0340% | 4h | $1.4M | $292K | 75x | as long as short |
| Variational Omni ETHFI | −1.940% | +0.0100% | 4h | $1.1M | $842K | — | as long as short |
| Lighter ETHFI | −1.918% | +0.0240% | 1h | $1.3M | $557K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | −1.371% | +0.0288% | 1h | $32K | $55K | 50x | as long as short |
| Injective ETHFI/USDC PERPlong | 0.000% | +0.0033% | 1h | $330 | $56K | 5.5x |