Spread before costs (cost unknown: a leg has no order-book sample)−0.536%
7d average—if it closes, per $10,000$54funding while held, a day+$10.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7366 | −0.0021 | get 0.0021% / 8h | 1h 35m | $6K | — | 5x |
| Short | BloFin ETHFI-USDT | 0.7326 | 0.0340 | get 0.0170% / 4h | 1h 35m | $1.4M | $269K | 75x |
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
- −$53.65
- Funding while held
- $10.84
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.81
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0361%
- Per $10,000 a day
- +$10.84
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 0.68 bp | 10.3 bp −$10 | 18.7 bp −$187 | 71.9 bp −$7,187 | 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 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-USDTshort | −0.536% | +0.0340% | 4h | $1.4M | $269K | 75x | |
| HTX ETHFI-USDT | −0.319% | +0.0009% | 4h | $78K | $141K | 20x | as long as short |
| Variational Omni ETHFI | −0.140% | +0.0067% | 4h | $1.1M | $810K | — | as long as short |
| Paradex ETHFI-USD-PERPlong | 0.000% | −0.0021% | 8h | $6K | — | 5x | |
| Coinbase International ETHFI-PERP-INTX | +0.007% | +0.0208% | 1h | $33K | $90K | 50x | as long as short |
| MEXC ETHFI_USDT | +0.047% | +0.0100% | 4h | $15.7M | $3.8M | 125x | as long as short |
| Aevo ETHFI-PERP | +0.062% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Extended ETHFI-USD | +0.064% | +0.0104% | 1h | $99K | $477K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | +0.074% | −0.0059% | 4h | $17K | $66 | 10x | as long as short |
| Gate ETHFI_USDT | +0.088% | +0.0100% | 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 | |
|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.102% | −0.0240% | 4h | $4.9M | $12.4M | 20x | as long as short |
| KuCoin ETHFIUSDTM | +0.102% | +0.0086% | 4h | $1.2M | $298K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.102% | +0.0100% | 4h | $6.5M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDT | +0.102% | +0.0100% | 4h | — | $26.1M | — | as long as short |
| Aster ETHFIUSDT | +0.106% | +0.0100% | 4h | $193K | $232K | 10x | as long as short |
| Binance ETHFIUSDT | +0.115% | +0.0100% | 4h | $26.2M | $35.4M | 75x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.129% | −0.0428% | 1h | $47K | $17K | 10x | as long as short |
| Lighter ETHFI | +0.163% | +0.0096% | 1h | $1.3M | $528K | 5x | as long as short |
| Bybit ETHFIUSDT | +0.170% | +0.0100% | 4h | $19.3M | $12.5M | 25x | as long as short |
| SunX ETHFI-USDT | +0.170% | +0.0100% | 4h | $2K | $990K | 20x | as long as short |
| Hyperliquid ETHFI | +0.187% | +0.0100% | 1h | $20.1M | $6.8M | 5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.190% | −0.0511% | 1h | $284K | $223K | 20x | as long as short |
| Polymarket Perps ETHFI-USD | +0.305% | +0.0100% | 1h | $56K | $30K | 5x | as long as short |
| Injective ETHFI/USDC PERP | +1.025% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
Paradex ETHFI-USD-PERP
BloFin ETHFI-USDT
HTX
Variational Omni
Coinbase International
MEXC
Extended
Gate
OKX
KuCoin
Bitget
BingX
Aster
Binance
Deribit
Lighter
Bybit
SunX
Hyperliquid
Kraken Futures
Polymarket Perps
Injective