After costs, if the gap returns to its 7d average, $10k−$153
spread now−0.031%7d average—fees + slippage, in and out−$150spread needed1.498%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETHFIUSD | 0.7388 | −0.0027 | get 0.0003% / 1h | 44m 53s | $285K | $206K | 20x |
| Short | BingX ETHFI-USDC | 0.7386 | 0.0100 | get 0.0050% / 4h | 44m 53s | — | $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
- −$3.13
- Funding while held
- $3.82
- Slippage, 4 orders
- −$129.77
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$149.08
- Spread needed to break even
- 1.498%
Slippage from Kraken Futures: live order book, 4 min ago; BingX: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0127%
- Per $10,000 a day
- +$3.82
- 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 Kraken Futures live order book, 4 min ago | 35.00 bp | 48.7 bp −$49 | 182.9 bp −$1,829 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.02 bp | 26.0 bp −$26 | 105.7 bp −$1,057 | 628.7 bp −$62.9K | 799.8 bp −$399.9K |
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 | −0.261% | +0.0007% | 4h | $81K | $145K | 20x | as long as short |
| Extended ETHFI-USD | −0.169% | +0.0104% | 1h | $100K | $477K | 10x | as long as short |
| BloFin ETHFI-USDT | −0.167% | +0.0340% | 4h | $1.4M | $267K | 75x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.153% | −0.0078% | 4h | $17K | $66 | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.136% | −0.0008% | 8h | $6K | — | 5x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.126% | −0.0562% | 1h | $47K | $17K | 10x | as long as short |
| KuCoin ETHFIUSDTM | −0.113% | +0.0100% | 4h | $1.2M | $274K | 50x | as long as short |
| Aevo ETHFI-PERP | −0.113% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| MEXC ETHFI_USDT | −0.099% | +0.0100% | 4h | $15.9M | $3.8M | 125x | as long as short |
| Gate ETHFI_USDT | −0.085% | +0.0096% | 4h | $1.8M | $1.9M | 75x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ETHFIUSDT | −0.072% | +0.0100% | 4h | $6.4M | $5.7M | 75x | as long as short |
| SunX ETHFI-USDT | −0.058% | +0.0100% | 4h | $1K | $1.0M | 20x | as long as short |
| Binance ETHFIUSDT | −0.045% | +0.0100% | 4h | $26.3M | $35.9M | 75x | as long as short |
| BingX ETHFI-USDCshort | −0.031% | +0.0100% | 4h | — | $1.2M | — | |
| Aster ETHFIUSDT | −0.019% | +0.0100% | 4h | $194K | $232K | 10x | as long as short |
| Polymarket Perps ETHFI-USD | −0.015% | +0.0100% | 1h | $60K | $37K | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | −0.004% | −0.0188% | 4h | $4.9M | $12.4M | 20x | as long as short |
| Kraken Futures PF_ETHFIUSDlong | 0.000% | −0.0027% | 1h | $285K | $206K | 20x | |
| Lighter ETHFI | +0.024% | +0.0096% | 1h | $1.3M | $548K | 5x | as long as short |
| Hyperliquid ETHFI | +0.051% | +0.0100% | 1h | $20.2M | $6.9M | 5x | as long as short |
| Variational Omni ETHFI | +0.099% | +0.0100% | 4h | $1.1M | $841K | — | as long as short |
| Bybit ETHFIUSDT | +0.104% | +0.0100% | 4h | $19.5M | $12.6M | 25x | as long as short |
| Injective ETHFI/USDC PERP | +0.713% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.997% | +0.0184% | 1h | $33K | $62K | 50x | as long as short |
Kraken Futures PF_ETHFIUSD
BingX ETHFI-USDC
HTX
Extended
BloFin
Paradex
Deribit
KuCoin
MEXC
Gate
Bitget
SunX
Binance
Aster
Polymarket Perps
OKX
Lighter
Hyperliquid
Variational Omni
Bybit
Injective
Coinbase International