Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.021%
Price spread now: Bitget against Paradex+0.039%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 +$1 a day on $10k at the current rate, and Bitget is 0.039% dearer against Paradex than usual: you sell high and buy low: +$4 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 | 0.7120 | 0.0072 | pay 0.0072% / 8h | 5h 33m | $6K | — | 5x |
| Short | Bitget ETHFIUSDT | 0.7123 | 0.0100 | get 0.0050% / 4h | 1h 33m | $6.1M | $5.3M | 75x |
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $5.98
- Price spread: +0.039% → 0.000%
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$6.08
- Costs to cover
- 0.160%
- Break-even
- 14.1 days
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 1.41 bp | 17.8 bp −$18 | 33.4 bp −$334 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0453% | 1h | 0.7112 | −0.115% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0199% | 4h | 0.7122 | +0.025% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0035% | 4h | 0.7104 | −0.227% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.683% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERPlong | +0.0072% | 8h | 0.7120 | long leg | $6K | — | 5x | |
| Variational Omni ETHFI | +0.0084% | 4h | 0.7113 | −0.107% | $1.0M | $732K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7125 | +0.069% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7127 | +0.103% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7124 | +0.055% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7122 | +0.025% | $24.8M | $35.6M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7126 | +0.081% | $17.8M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7133 | +0.180% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7121 | +0.011% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7120 | −0.003% | $15.4M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7118 | −0.031% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDTshort | +0.0100% | 4h | 0.7123 | +0.039% | $6.1M | $5.3M | 75x | |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7122 | +0.025% | — | $26.0M | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7117 | −0.045% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7117 | −0.045% | $99K | $376K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7125 | +0.067% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0307% | 1h | 0.7120 | 0.000% | $270K | $201K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7123 | +0.039% | $1.3M | $249K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +1.865% | $32K | $6K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0544% | 1h | 0.7145 | +0.353% | $71K | $118K | 5x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Polymarket Perps ETHFI-USD