Spread before costs (cost unknown: a leg has no order-book sample)−0.062%
7d average—if it closes, per $10,000$6funding while held, a day+$17.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETHFIUSD | 0.7323 | −0.0287 | get 0.0036% / 1h | 52m 02s | $282K | $191K | 20x |
| Short | Coinbase International ETHFI-PERP-INTX | 0.7318 | 0.0288 | get 0.0036% / 1h | 52m 02s | $32K | $56K | 50x |
Kraken Futures PF_ETHFIUSD
Coinbase International ETHFI-PERP-INTXPrice 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
- −$6.23
- Funding while held
- $17.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$8.97
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: live order book, 57 min ago; Coinbase International: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0575%
- Per $10,000 a day
- +$17.26
- 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, 57 min ago | 35.00 bp | 48.7 bp −$49 | 182.9 bp −$1,829 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.Paradex0.7279cheapestBloFin0.7293+0.197%HTX0.7298+0.266%Polymarket Perps0.7298+0.273%Bitget0.7300+0.294%MEXC0.7301+0.307%Extended0.7301+0.308%Variational Omni0.7301+0.314%Binance0.7303+0.332%BingX0.7303+0.335%Bybit0.7304+0.348%KuCoin0.7305+0.362%SunX0.7305+0.362%OKX0.7306+0.376%Gate0.7308+0.403%Aevo0.7310+0.437%Orderly0.7314+0.486%Deribit0.7316+0.513%
Paradex
BloFin
HTX
Polymarket Perps
Bitget
MEXC
Extended
Variational Omni
Binance
BingX
Bybit
KuCoin
SunX
OKX
Gate
Aevo
Orderly
DeribitCoinbase International0.7318+0.541%
Aster0.7318+0.547%Hyperliquid0.7320+0.568%Lighter0.7320+0.574%
Aster
Hyperliquid
LighterKraken Futures0.7323+0.604%
Injective0.7441+2.231%
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | −0.600% | −0.0016% | 8h | $6K | — | 5x | as long as short |
| BloFin ETHFI-USDT | −0.404% | +0.0340% | 4h | $1.4M | $276K | 75x | as long as short |
| HTX ETHFI-USDT | −0.335% | −0.0748% | 4h | $84K | $160K | 20x | as long as short |
| Polymarket Perps ETHFI-USD | −0.329% | +0.0100% | 1h | $48K | $52K | 5x | as long as short |
| Bitget ETHFIUSDT | −0.308% | +0.0100% | 4h | $6.3M | $5.7M | 75x | as long as short |
| MEXC ETHFI_USDT | −0.294% | +0.0100% | 4h | $15.9M | $4.0M | 125x | as long as short |
| Extended ETHFI-USD | −0.293% | +0.0104% | 1h | $97K | $479K | 10x | as long as short |
| Variational Omni ETHFI | −0.288% | +0.0100% | 4h | $1.1M | $860K | — | as long as short |
| Binance ETHFIUSDT | −0.270% | +0.0100% | 4h | $25.9M | $36.9M | 75x | as long as short |
| BingX ETHFI-USDT | −0.267% | +0.0100% | 4h | — | $26.0M | — | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | −0.254% | −0.0141% | 4h | $19.0M | $13.2M | 25x | as long as short |
| KuCoin ETHFIUSDTM | −0.240% | +0.0100% | 4h | $1.2M | $274K | 50x | as long as short |
| SunX ETHFI-USDT | −0.240% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| OKX ETHFI-USDT-SWAP | −0.226% | −0.0095% | 4h | $4.9M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | −0.199% | +0.0100% | 4h | $1.8M | $1.9M | 75x | as long as short |
| Aevo ETHFI-PERP | −0.166% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.117% | −0.0102% | 4h | $17K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.090% | −0.0296% | 1h | $46K | $17K | 10x | as long as short |
| Coinbase International ETHFI-PERP-INTXshort | −0.062% | +0.0288% | 1h | $32K | $56K | 50x | |
| Aster ETHFIUSDT | −0.056% | +0.0100% | 4h | $187K | $251K | 10x | as long as short |
| Hyperliquid ETHFI | −0.035% | +0.0656% | 1h | $20.2M | $7.1M | 5x | as long as short |
| Lighter ETHFI | −0.030% | +0.0096% | 1h | $1.3M | $552K | 5x | as long as short |
| Kraken Futures PF_ETHFIUSDlong | 0.000% | −0.0287% | 1h | $282K | $191K | 20x | |
| Injective ETHFI/USDC PERP | +1.617% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |