Spread before costs (cost unknown: a leg has no order-book sample)−0.196%
7d average—if it closes, per $10,000$20funding while held, a day−$1.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ETHFI-USD | 0.7308 | 0.0100 | pay 0.0013% / 1h | 52m 05s | $51K | $13K | 5x |
| Short | Gate ETHFI_USDT | 0.7294 | 0.0040 | get 0.0020% / 4h | 1h 52m | $1.7M | $1.8M | 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
- −$19.57
- Funding while held
- −$1.8
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.37
- Spread needed to break even
- 0.230%
Slippage unknown: Polymarket Perps: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0060%
- Per $10,000 a day
- −$1.80
- 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 4.81 bp | 29.6 bp −$30 | 186.2 bp −$1,862 | doesn't fit | doesn't fit |
Polymarket Perps: 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 | |
|---|---|---|---|---|---|---|---|
| Bitget ETHFIUSDT | −0.250% | +0.0100% | 4h | $6.4M | $5.5M | 75x | as long as short |
| HTX ETHFI-USDT | −0.250% | +0.0042% | 4h | $77K | $141K | 20x | as long as short |
| OKX ETHFI-USDT-SWAP | −0.237% | −0.0284% | 4h | $4.9M | $12.2M | 20x | as long as short |
| Binance ETHFIUSDT | −0.231% | +0.0100% | 4h | $26.2M | $35.0M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.226% | −0.0045% | 8h | $6K | — | 5x | as long as short |
| BingX ETHFI-USDT | −0.223% | −0.0268% | 4h | — | $26.0M | — | as long as short |
| Extended ETHFI-USD | −0.216% | +0.0104% | 1h | $98K | $477K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.196% | +0.0100% | 4h | $19.0M | $12.5M | 25x | as long as short |
| Gate ETHFI_USDTshort | −0.196% | +0.0040% | 4h | $1.7M | $1.8M | 75x | |
| MEXC ETHFI_USDT | −0.196% | +0.0100% | 4h | $15.2M | $3.7M | 125x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ETHFI_USDC | −0.196% | −0.0045% | 4h | $17K | $44 | 10x | as long as short |
| Aevo ETHFI-PERP | −0.182% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| BloFin ETHFI-USDT | −0.182% | +0.0340% | 4h | $1.4M | $266K | 75x | as long as short |
| Aster ETHFIUSDT | −0.167% | +0.0100% | 4h | $192K | $227K | 10x | as long as short |
| Hyperliquid ETHFI | −0.159% | +0.0100% | 1h | $20.0M | $6.7M | 5x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.155% | −0.0435% | 1h | $46K | $17K | 10x | as long as short |
| KuCoin ETHFIUSDTM | −0.114% | +0.0060% | 4h | $1.2M | $293K | 50x | as long as short |
| Lighter ETHFI | −0.077% | +0.0096% | 1h | $1.3M | $518K | 5x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.057% | −0.0516% | 1h | $280K | $219K | 20x | as long as short |
| SunX ETHFI-USDT | −0.045% | +0.0100% | 4h | $2K | $981K | 20x | as long as short |
| Polymarket Perps ETHFI-USDlong | 0.000% | +0.0100% | 1h | $51K | $13K | 5x | |
| Variational Omni ETHFI | +1.116% | +0.0094% | 4h | $1.1M | $791K | — | as long as short |
| Injective ETHFI/USDC PERP | +1.816% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +3.225% | +0.0208% | 1h | $34K | $92K | 50x | as long as short |
Polymarket Perps ETHFI-USD
Gate ETHFI_USDT
Bitget
HTX
OKX
Binance
Paradex
BingX
Extended
Bybit
MEXC
BloFin
Aster
Hyperliquid
Deribit
KuCoin
Lighter
Kraken Futures
SunX
Variational Omni
Injective
Coinbase International