Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h +0.030%
Price spread now: BingX against Paradex+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.023% dearer against Paradex than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7131 | 0.0041 | pay 0.0041% / 8h | 6h 46m | $6K | — | 5x |
| Short | BingX ETHFI-USDC | 0.7133 | 0.0100 | get 0.0050% / 4h | 2h 46m | — | $1.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.31
- Price spread: +0.023% → 0.000%
- $2.28
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $0.59
- Costs to cover
- 0.140%
- Break-even
- 6.7 days
Slippage unknown: Paradex: no order-book sample; BingX: live order book, 13 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 13 min ago | 2.10 bp | 35.5 bp −$35 | 106.4 bp −$1,064 | 536.0 bp −$53.6K | 685.6 bp −$342.8K |
Paradex: 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 on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0376% | 4h | 0.7121 | −0.145% | $88K | $169K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0311% | 1h | 0.7132 | +0.009% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0210% | 4h | 0.7127 | −0.061% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0006% | 4h | 0.7128 | −0.049% | $1.0M | $722K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.523% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERPlong | +0.0041% | 8h | 0.7131 | long leg | $6K | — | 5x | |
| Lighter ETHFI | +0.0096% | 1h | 0.7140 | +0.115% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7135 | +0.054% | $17.9M | $8.5M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7133 | +0.020% | $182K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7127 | −0.061% | $24.8M | $36.5M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7130 | −0.019% | $17.9M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7133 | +0.023% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7133 | +0.023% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7127 | −0.061% | $15.1M | $3.8M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7130 | −0.019% | $1.2M | $259K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7120 | −0.160% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.7133 | +0.023% | — | $1.2M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7137 | +0.080% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7129 | −0.033% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7124 | −0.107% | $98K | $383K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7127 | −0.060% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7169 | +0.528% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0227% | 1h | 0.7137 | +0.085% | $272K | $185K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7142 | +0.149% | $1.2M | $260K | 75x | as long as short |
Paradex ETHFI-USD-PERP
BingX ETHFI-USDC
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT