Spread before costs (cost unknown: a leg has no order-book sample)+0.073%
7d average—if it closes, per $10,000$7funding while held, a day−$8.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7265 | −0.0031 | get 0.0031% / 8h | 3m 07s | $6K | — | 5x |
| Short | Deribit ETHFI_USDC-PERPETUAL | 0.7270 | −0.0300 | pay 0.0037% / 1h | 3m 07s | $46K | $17K | 10x |
Paradex ETHFI-USD-PERP
Deribit ETHFI_USDC-PERPETUALPrice 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
- $7.25
- Funding while held
- −$8.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$11.82
- Spread needed to break even
- 0.110%
Slippage unknown: Paradex: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0269%
- Per $10,000 a day
- −$8.07
- 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 Deribit no order-book sample | — | — | — | — | — |
Paradex and Deribit: 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.Variational Omni0.7240cheapestHTX0.7244+0.053%Aevo0.7260+0.274%Bybit0.7261+0.288%Bitget0.7261+0.288%Binance0.7262+0.301%OKX0.7263+0.315%BingX0.7263+0.315%KuCoin0.7264+0.329%Extended0.7264+0.334%
Variational Omni
HTX
Aevo
Bybit
Bitget
Binance
OKX
BingX
KuCoin
ExtendedParadex0.7265+0.339%
Gate0.7265+0.343%MEXC0.7265+0.343%BloFin0.7265+0.343%Orderly0.7267+0.371%SunX0.7269+0.398%
Gate
MEXC
BloFin
Orderly
SunXDeribit0.7270+0.412%
Aster0.7273+0.453%Kraken Futures0.7273+0.456%Lighter0.7275+0.487%Polymarket Perps0.7277+0.509%Hyperliquid0.7278+0.518%Coinbase International0.7291+0.702%Injective0.7441+2.774%
Aster
Kraken Futures
Lighter
Polymarket Perps
Hyperliquid
Coinbase International
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ETHFI | −0.338% | +0.0100% | 4h | $1.1M | $867K | — | as long as short |
| HTX ETHFI-USDT | −0.285% | −0.0072% | 4h | $84K | $160K | 20x | as long as short |
| Aevo ETHFI-PERP | −0.065% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| Bybit ETHFIUSDT | −0.051% | +0.0100% | 4h | $18.9M | $13.2M | 25x | as long as short |
| Bitget ETHFIUSDT | −0.051% | +0.0100% | 4h | $6.2M | $5.7M | 75x | as long as short |
| Binance ETHFIUSDT | −0.038% | +0.0100% | 4h | $25.7M | $36.7M | 75x | as long as short |
| OKX ETHFI-USDT-SWAP | −0.024% | −0.0127% | 4h | $4.9M | $12.4M | 20x | as long as short |
| BingX ETHFI-USDC | −0.024% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| KuCoin ETHFIUSDTM | −0.010% | +0.0100% | 4h | $1.2M | $275K | 50x | as long as short |
| Extended ETHFI-USD | −0.005% | +0.0104% | 1h | $97K | $479K | 10x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERPlong | 0.000% | −0.0031% | 8h | $6K | — | 5x | |
| Gate ETHFI_USDT | +0.004% | +0.0054% | 4h | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.004% | +0.0100% | 4h | $16.1M | $4.1M | 125x | as long as short |
| BloFin ETHFI-USDT | +0.004% | +0.0340% | 4h | $1.4M | $275K | 75x | as long as short |
| Orderly PERP_ETHFI_USDC | +0.031% | −0.0100% | 4h | $17K | $66 | 10x | as long as short |
| SunX ETHFI-USDT | +0.059% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUALshort | +0.073% | −0.0300% | 1h | $46K | $17K | 10x | |
| Aster ETHFIUSDT | +0.113% | +0.0100% | 4h | $186K | $250K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.116% | −0.0028% | 1h | $279K | $191K | 20x | as long as short |
| Lighter ETHFI | +0.147% | +0.0096% | 1h | $1.3M | $577K | 5x | as long as short |
| Polymarket Perps ETHFI-USD | +0.169% | +0.0100% | 1h | $48K | $52K | 5x | as long as short |
| Hyperliquid ETHFI | +0.179% | +0.0100% | 1h | $19.7M | $7.0M | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.362% | +0.0184% | 1h | $32K | $58K | 50x | as long as short |
| Injective ETHFI/USDC PERP | +2.426% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |