After costs, if the gap returns to its 7d average, $10k−$72
spread now+0.119%7d average−0.061%fees + slippage, in and out−$90spread needed0.899%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETHFIUSD | 0.7239 | −0.0346 | get 0.0043% / 1h | 9m 27s | $281K | $171K | 20x |
| Short | OKX ETHFI-USDT-SWAP | 0.7248 | 0.0100 | get 0.0050% / 4h | 1h 09m | $4.9M | $12.1M | 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
- $11.9
- Funding while held
- $13.37
- Slippage, 4 orders
- −$69.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.63
- Spread needed to break even
- 0.899%
Slippage from Kraken Futures: live order book, 25 min ago; OKX: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0446%
- Per $10,000 a day
- +$13.37
- 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, 25 min ago | 15.86 bp | 24.8 bp −$25 | 144.1 bp −$1,441 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 1.38 bp | 14.3 bp −$14 | 47.2 bp −$472 | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | −0.365% | +0.0340% | 4h | $1.3M | $294K | 75x | as long as short |
| Variational Omni ETHFI | −0.270% | −0.0095% | 4h | $1.1M | $767K | — | as long as short |
| HTX ETHFI-USDT | −0.254% | −0.0004% | 4h | $84K | $152K | 20x | as long as short |
| Aevo ETHFI-PERP | −0.130% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.088% | −0.0026% | 1h | $44K | $18K | 10x | as long as short |
| KuCoin ETHFIUSDTM | −0.061% | +0.0100% | 4h | $1.2M | $262K | 50x | as long as short |
| Lighter ETHFI | −0.059% | +0.0096% | 1h | $1.1M | $871K | 5x | as long as short |
| SunX ETHFI-USDT | −0.047% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Extended ETHFI-USD | −0.043% | +0.0104% | 1h | $96K | $484K | 10x | as long as short |
| Coinbase International ETHFI-PERP-INTX | −0.019% | +0.0464% | 1h | $32K | $8K | 50x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | −0.009% | −0.0028% | 8h | $6K | — | 5x | as long as short |
| Kraken Futures PF_ETHFIUSDlong | 0.000% | −0.0346% | 1h | $281K | $171K | 20x | |
| Bitget ETHFIUSDT | +0.022% | −0.0024% | 4h | $6.2M | $5.5M | 75x | as long as short |
| Aster ETHFIUSDT | +0.047% | +0.0100% | 4h | $183K | $238K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.064% | +0.0100% | 4h | $15.2M | $3.7M | 125x | as long as short |
| Binance ETHFIUSDT | +0.078% | +0.0100% | 4h | $25.5M | $35.2M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.078% | −0.0024% | 4h | $18.7M | $12.4M | 25x | as long as short |
| Gate ETHFI_USDT | +0.091% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.091% | +0.0100% | 4h | — | $25.8M | — | as long as short |
| Orderly PERP_ETHFI_USDC | +0.091% | −0.0136% | 4h | $17K | $1K | 10x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.119% | +0.0100% | 4h | $4.9M | $12.1M | 20x | |
| Polymarket Perps ETHFI-USD | +0.123% | +0.0100% | 1h | $49K | $55K | 5x | as long as short |
| Hyperliquid ETHFI | +0.194% | +0.0100% | 1h | $19.8M | $7.3M | 5x | as long as short |
| Injective ETHFI/USDC PERP | +2.785% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
Kraken Futures PF_ETHFIUSD
OKX ETHFI-USDT-SWAP
BloFin
Variational Omni
HTX
Deribit
KuCoin
Lighter
SunX
Extended
Coinbase International
Paradex
Bitget
Aster
MEXC
Binance
Bybit
Gate
BingX
Polymarket Perps
Hyperliquid
Injective