Spread before costs (cost unknown: a leg has no order-book sample)+0.795%
7d average—if it closes, per $10,000$79funding while held, a day+$1.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7382 | −0.0009 | get 0.0009% / 8h | 46m 59s | $6K | — | 5x |
| Short | Injective ETHFI/USDC PERP | 0.7441 | 0.0033 | get 0.0004% / 1h | 46m 59s | $330 | $56K | 5.5x |
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
- $79.48
- Funding while held
- $1.26
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $76.73
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.26
- 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 Injective no order-book sample | — | — | — | — | — |
Paradex and Injective: 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 | |
|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.194% | +0.0007% | 4h | $78K | $145K | 20x | as long as short |
| Paradex ETHFI-USD-PERPlong | 0.000% | −0.0009% | 8h | $6K | — | 5x | |
| KuCoin ETHFIUSDTM | +0.090% | +0.0100% | 4h | $1.2M | $275K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.131% | +0.0100% | 4h | $6.4M | $5.7M | 75x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.145% | −0.0184% | 4h | $5.0M | $12.4M | 20x | as long as short |
| MEXC ETHFI_USDT | +0.145% | +0.0100% | 4h | $15.9M | $3.8M | 125x | as long as short |
| Orderly PERP_ETHFI_USDC | +0.145% | −0.0077% | 4h | $17K | $66 | 10x | as long as short |
| Extended ETHFI-USD | +0.147% | +0.0104% | 1h | $100K | $477K | 10x | as long as short |
| Binance ETHFIUSDT | +0.153% | +0.0100% | 4h | $26.5M | $35.9M | 75x | as long as short |
| Aevo ETHFI-PERP | +0.171% | +0.0104% | 1h | $9K | — | 3x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | +0.185% | +0.0340% | 4h | $1.4M | $267K | 75x | as long as short |
| BingX ETHFI-USDT | +0.199% | +0.0100% | 4h | — | $26.0M | — | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.212% | −0.0425% | 1h | $47K | $17K | 10x | as long as short |
| Polymarket Perps ETHFI-USD | +0.226% | +0.0100% | 1h | $60K | $36K | 5x | as long as short |
| Aster ETHFIUSDT | +0.234% | +0.0100% | 4h | $194K | $232K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.239% | +0.0100% | 4h | $19.5M | $12.6M | 25x | as long as short |
| Gate ETHFI_USDT | +0.239% | +0.0096% | 4h | $1.8M | $1.9M | 75x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.249% | −0.0027% | 1h | $285K | $206K | 20x | as long as short |
| SunX ETHFI-USDT | +0.294% | +0.0100% | 4h | $2K | $994K | 20x | as long as short |
| Lighter ETHFI | +0.361% | +0.0096% | 1h | $1.3M | $547K | 5x | as long as short |
| Hyperliquid ETHFI | +0.365% | +0.0100% | 1h | $20.2M | $6.9M | 5x | as long as short |
| Variational Omni ETHFI | +0.430% | +0.0100% | 4h | $1.1M | $842K | — | as long as short |
| Injective ETHFI/USDC PERPshort | +0.795% | +0.0033% | 1h | $330 | $56K | 5.5x | |
| Coinbase International ETHFI-PERP-INTX | +1.079% | +0.0184% | 1h | $33K | $62K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
HTX
KuCoin
Bitget
OKX
MEXC
Extended
Binance
BloFin
BingX
Deribit
Polymarket Perps
Aster
Bybit
Gate
Kraken Futures
SunX
Lighter
Hyperliquid
Variational Omni
Coinbase International