Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.036%
Price spread now: KuCoin against Paradex−0.036%47s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. KuCoin is 0.036% cheaper against Paradex than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.7045 | 0.0001 | pay 0.0001% / 8h | 2h 04m | $6K | — | 5x |
| Short | KuCoin ETHFIUSDTM | 0.7042 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.2M | $228K | 50x |
Paradex ETHFI-USD-PERP
KuCoin ETHFIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $20.75
- Price spread: −0.036% → 0.000%
- −$3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1.18
- Costs to cover
- 0.160%
- Break-even
- 6.6 days
Slippage unknown: Paradex: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago | 7.81 bp | 54.6 bp −$55 | 168.9 bp −$1,689 | 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 | −0.0459% | 1h | 0.7043 | −0.021% | $41K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0405% | 1h | 0.7056 | +0.167% | $289K | $286K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0318% | 4h | 0.7034 | −0.149% | $82K | $171K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0262% | 4h | 0.7041 | −0.050% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0145% | 4h | 0.7052 | +0.103% | $935K | $782K | — | as long as short |
| Bybit ETHFIUSDT | −0.0118% | 4h | 0.7040 | −0.064% | $17.5M | $13.0M | 25x | as long as short |
| MEXC ETHFI_USDT | −0.0028% | 4h | 0.7039 | −0.078% | $15.7M | $4.2M | 125x | as long as short |
| Binance ETHFIUSDT | −0.0027% | 4h | 0.7034 | −0.149% | $24.4M | $35.8M | 75x | as long as short |
| Extended ETHFI-USD | −0.0024% | 1h | 0.7036 | −0.119% | $97K | $504K | 10x | as long as short |
| Paradex ETHFI-USD-PERPlong | +0.0001% | 8h | 0.7045 | long leg | $6K | — | 5x |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.775% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.7038 | −0.099% | $8K | — | 3x | as long as short |
| Aster ETHFIUSDT | +0.0085% | 4h | 0.7041 | −0.044% | $180K | $261K | 10x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7045 | +0.011% | $1.1M | $831K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7048 | +0.045% | $17.1M | $8.5M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7042 | −0.036% | $5.1M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7043 | −0.021% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7042 | −0.036% | $1.2M | $228K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7039 | −0.078% | $6.1M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7037 | −0.107% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7049 | +0.058% | $64K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7049 | +0.064% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0213% | 4h | 0.7042 | −0.036% | $1.2M | $243K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.7066 | +0.305% | $32K | $6K | 50x | as long as short |
Injective ETHFI/USDC PERP
Aevo ETHFI-PERP
Aster ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX