Spread before costs (cost unknown: a leg has no order-book sample)+0.163%
7d average—if it closes, per $10,000$16funding while held, a day+$5.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETHFI_USDC | 0.7358 | −0.0078 | get 0.0039% / 4h | 44m 26s | $17K | $66 | 10x |
| Short | MEXC ETHFI_USDT | 0.7370 | 0.0100 | get 0.0050% / 4h | 44m 26s | $15.8M | $3.8M | 125x |
Orderly PERP_ETHFI_USDC
MEXC ETHFI_USDTPrice 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
- $16.31
- Funding while held
- $5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $11.65
- Spread needed to break even
- 0.100%
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0178%
- Per $10,000 a day
- +$5.34
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.68 bp | 6.0 bp −$6 | 15.1 bp −$151 | 64.8 bp −$6,483 | 143.1 bp −$71.5K |
Orderly: 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.OKX0.7354cheapest
OKXOrderly0.7358+0.054%
Aevo0.7360+0.082%Binance0.7364+0.134%Bybit0.7365+0.150%Bitget0.7368+0.190%HTX0.7369+0.204%
Aevo
Binance
Bybit
Bitget
HTXMEXC0.7370+0.218%
BingX0.7371+0.231%Gate0.7374+0.272%BloFin0.7376+0.299%Extended0.7378+0.321%KuCoin0.7379+0.340%Deribit0.7379+0.340%Paradex0.7384+0.407%SunX0.7384+0.408%Hyperliquid0.7384+0.412%Polymarket Perps0.7386+0.428%Aster0.7387+0.449%Kraken Futures0.7388+0.467%Variational Omni0.7396+0.566%Lighter0.7398+0.600%Injective0.7441+1.183%Coinbase International0.7462+1.469%
BingX
Gate
BloFin
Extended
KuCoin
Deribit
Paradex
SunX
Hyperliquid
Polymarket Perps
Aster
Kraken Futures
Variational Omni
Lighter
Injective
Coinbase InternationalETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | −0.054% | −0.0192% | 4h | $4.9M | $12.4M | 20x | as long as short |
| Orderly PERP_ETHFI_USDClong | 0.000% | −0.0078% | 4h | $17K | $66 | 10x | |
| Aevo ETHFI-PERP | +0.027% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Binance ETHFIUSDT | +0.080% | +0.0100% | 4h | $26.2M | $35.9M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.095% | +0.0100% | 4h | $19.4M | $12.6M | 25x | as long as short |
| Bitget ETHFIUSDT | +0.136% | +0.0100% | 4h | $6.4M | $5.7M | 75x | as long as short |
| HTX ETHFI-USDT | +0.149% | +0.0007% | 4h | $81K | $145K | 20x | as long as short |
| MEXC ETHFI_USDTshort | +0.163% | +0.0100% | 4h | $15.8M | $3.8M | 125x | |
| BingX ETHFI-USDT | +0.177% | +0.0100% | 4h | — | $26.0M | — | as long as short |
| Gate ETHFI_USDT | +0.217% | +0.0094% | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | +0.245% | +0.0340% | 4h | $1.4M | $267K | 75x | as long as short |
| Extended ETHFI-USD | +0.266% | +0.0104% | 1h | $100K | $477K | 10x | as long as short |
| KuCoin ETHFIUSDTM | +0.285% | +0.0100% | 4h | $1.2M | $274K | 50x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.285% | −0.0562% | 1h | $47K | $17K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.353% | −0.0010% | 8h | $6K | — | 5x | as long as short |
| SunX ETHFI-USDT | +0.353% | +0.0100% | 4h | $1K | $1.0M | 20x | as long as short |
| Hyperliquid ETHFI | +0.357% | +0.0100% | 1h | $20.2M | $6.9M | 5x | as long as short |
| Polymarket Perps ETHFI-USD | +0.374% | +0.0100% | 1h | $60K | $37K | 5x | as long as short |
| Aster ETHFIUSDT | +0.394% | +0.0100% | 4h | $194K | $232K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.412% | −0.0027% | 1h | $285K | $206K | 20x | as long as short |
| Variational Omni ETHFI | +0.512% | +0.0100% | 4h | $1.1M | $841K | — | as long as short |
| Lighter ETHFI | +0.545% | +0.0096% | 1h | $1.3M | $548K | 5x | as long as short |
| Injective ETHFI/USDC PERP | +1.128% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +1.413% | +0.0184% | 1h | $33K | $62K | 50x | as long as short |