Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average—if it closes, per $10,000$2funding while held, a day−$4.41
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETHFI | 0.7221 | 0.0100 | pay 0.0050% / 4h | 20m 28s | $1.1M | $858K | — |
| Short | Paradex ETHFI-USD-PERP | 0.7219 | −0.0047 | pay 0.0047% / 8h | 20m 28s | $6K | — | 5x |
Variational Omni ETHFI
Paradex ETHFI-USD-PERPPrice 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
- −$2.46
- Funding while held
- −$4.41
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$10.88
- Spread needed to break even
- 0.040%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0147%
- Per $10,000 a day
- −$4.41
- 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 Variational Omni RFQ quote, 5 min ago | 4.15 bp | doesn't fit | 52.6 bp −$526 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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.Paradex0.7219cheapest
Extended0.7220+0.013%
ExtendedVariational Omni0.7221+0.025%
Bitget0.7223+0.054%Bybit0.7225+0.082%BloFin0.7225+0.082%MEXC0.7226+0.095%BingX0.7226+0.095%HTX0.7227+0.109%Binance0.7228+0.123%OKX0.7229+0.137%Gate0.7229+0.137%Orderly0.7229+0.137%Aster0.7230+0.151%Polymarket Perps0.7230+0.156%Aevo0.7231+0.159%KuCoin0.7233+0.192%Lighter0.7233+0.198%Deribit0.7234+0.206%Kraken Futures0.7237+0.243%SunX0.7239+0.276%Hyperliquid0.7240+0.284%Coinbase International0.7291+0.996%Injective0.7441+3.074%
Bitget
Bybit
BloFin
MEXC
BingX
HTX
Binance
OKX
Gate
Orderly
Aster
Polymarket Perps
Aevo
KuCoin
Lighter
Deribit
Kraken Futures
SunX
Hyperliquid
Coinbase International
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERPshort | −0.025% | −0.0047% | 8h | $6K | — | 5x | |
| Extended ETHFI-USD | −0.012% | +0.0104% | 1h | $97K | $479K | 10x | as long as short |
| Variational Omni ETHFIlong | 0.000% | +0.0100% | 4h | $1.1M | $858K | — | |
| Bitget ETHFIUSDT | +0.029% | +0.0100% | 4h | $6.2M | $5.8M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.057% | +0.0100% | 4h | $18.8M | $13.2M | 25x | as long as short |
| BloFin ETHFI-USDT | +0.057% | +0.0340% | 4h | $1.4M | $272K | 75x | as long as short |
| MEXC ETHFI_USDT | +0.071% | +0.0100% | 4h | $15.5M | $4.0M | 125x | as long as short |
| BingX ETHFI-USDT | +0.071% | +0.0100% | 4h | — | $26.1M | — | as long as short |
| HTX ETHFI-USDT | +0.085% | −0.0028% | 4h | $84K | $160K | 20x | as long as short |
| Binance ETHFIUSDT | +0.099% | +0.0100% | 4h | $25.5M | $36.8M | 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 | +0.112% | −0.0176% | 4h | $4.8M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.112% | +0.0034% | 4h | $1.7M | $1.9M | 75x | as long as short |
| Orderly PERP_ETHFI_USDC | +0.112% | −0.0092% | 4h | $17K | $66 | 10x | as long as short |
| Aster ETHFIUSDT | +0.126% | +0.0100% | 4h | $185K | $250K | 10x | as long as short |
| Polymarket Perps ETHFI-USD | +0.132% | +0.0100% | 1h | $47K | $51K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.134% | +0.0104% | 1h | $9K | — | 3x | as long as short |
| KuCoin ETHFIUSDTM | +0.168% | +0.0100% | 4h | $1.2M | $277K | 50x | as long as short |
| Lighter ETHFI | +0.173% | +0.0096% | 1h | $1.3M | $573K | 5x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.182% | −0.0303% | 1h | $46K | $17K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.219% | −0.0028% | 1h | $278K | $195K | 20x | as long as short |
| SunX ETHFI-USDT | +0.251% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Hyperliquid ETHFI | +0.259% | +0.0100% | 1h | $19.6M | $7.0M | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.971% | +0.0184% | 1h | $32K | $59K | 50x | as long as short |
| Injective ETHFI/USDC PERP | +3.048% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |