ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.003%

Price spread now: MEXC against BingX+0.003%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$120.121% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.003%, 7d avg 0.000%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ETH-USDT	2,724.3	0.0016	pay 0.0016% / 8h	14m 31s	—	$1.08B	—
Short	MEXC ETH_USDT	2,724.4	0.0090	get 0.0090% / 8h	14m 31s	$1.58B	$2.59B	500x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.003%Rate

Funding earned: $15.54
Price spread: +0.003% → 0.000%: $0.3
Slippage, 4 orders: −$0.15
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 1 bp × 2 orders: −$2
Net: $3.69
Costs to cover: 0.121%
Break-even: 5.3 days

Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 5 min ago.

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 BingX live order book, 5 min ago	0.05 bp	5.1 bp −$5	5.1 bp −$51	5.7 bp −$573	6.4 bp −$3,193
Sell MEXC live order book, 5 min ago	0.02 bp	1.0 bp −$1	1.0 bp −$10	1.0 bp −$102	1.2 bp −$577

ETH on 55 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
Perpl ETH	−0.0447%	43m	2,724.3	−0.001%	$274K	$5.7M	8.3x	as long as short
BloFin ETH-USDT	−0.0182%	8h	2,724	−0.012%	$280.9M	$177.4M	150x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,724.3	−0.001%	$5K	$1K	50x	as long as short
Phoenix ETH	−0.0015%	1h	2,727	+0.098%	$809K	$3.0M	25x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,724.5	+0.007%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,724.9	+0.021%	$10.5M	$41.8M	50x	as long as short
Kalshi KXETHPERP	0.0000%	8h	2,724.6	+0.010%	$6.7M	$677.5M	4.9x	as long as short
Deribit ETH-PERPETUAL	0.0000%	1h	2,724.7	+0.015%	$263.5M	$214.5M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,724.6	+0.011%	$32.9M	—	200x	as long as short
BingX ETH-USDTlong	+0.0016%	8h	2,724.3	long leg	—	$1.08B	—

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHUSDT	+0.0021%	8h	2,724.5	+0.005%	$2.31B	$4.33B	150x	as long as short
01 Exchange ETHUSD	+0.0032%	1h	2,725	+0.025%	$190K	$883K	50x	as long as short
HTX ETH-USDT	+0.0032%	8h	2,724	−0.012%	$1.05B	$1.22B	200x	as long as short
Injective ETH/USDC PERP	+0.0050%	1h	2,729.7	+0.197%	$117K	$21.9M	52x	as long as short
Kraken Futures PF_ETHUSD	+0.0060%	1h	2,724.5	+0.007%	$81.8M	$310.6M	100x	as long as short
Hibachi ETH/USDT-P	+0.0064%	1h	2,725.3	+0.034%	$242K	$1.4M	20x	as long as short
ApeX Omni ETHUSDT	+0.0068%	1h	2,726.3	+0.073%	$8.5M	$31.4M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0073%	8h	2,724.6	+0.008%	$1.65B	$10.77B	100x	as long as short
KuCoin ETHUSDTM	+0.0075%	8h	2,724.2	−0.005%	$382.7M	$577.0M	100x	as long as short
Aster ETHUSDT	+0.0080%	8h	2,724.5	+0.006%	$252.4M	$848.7M	200x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,721.9	−0.089%	$4.9M	$175K	20x	as long as short
MEXC ETH_USDTshort	+0.0090%	8h	2,724.4	+0.003%	$1.58B	$2.59B	500x
Binance ETHUSDT	+0.0091%	8h	2,724.5	+0.005%	$6.30B	$16.10B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,725.1	+0.030%	$112.3M	$433.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,726.3	+0.072%	$23.4M	$102.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,724.5	+0.007%	$499K	$3.6M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,729.9	+0.205%	$15.4M	$7.5M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,724.2	−0.003%	$14.1M	$104.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,726.7	+0.087%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,725.9	+0.057%	$32.1M	$333.3M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,724.4	+0.003%	$2.7M	$16.8M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,724.9	+0.023%	$1.6M	$16.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,724.4	+0.003%	$3.30B	$8.94B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,724.7	+0.014%	$2.10B	$2.76B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,723.9	−0.014%	$15.0M	$40.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,724.1	−0.007%	$133.8M	$316.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,725.4	+0.041%	$185.4M	$683.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,726.9	+0.096%	$158.5M	$82.0M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,725	+0.025%	$20.9M	$69.8M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,726.3	+0.074%	—	$445K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,726	+0.062%	$11.2M	$9.4M	50x	as long as short
Bullet ETH-USD	+0.0100%	1h	2,724.2	−0.006%	$194K	$1.7M	20x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,727.6	+0.121%	$40.8M	$29.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,724.1	−0.010%	$955K	$10.8M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,724	−0.012%	$54.2M	$182.7M	40x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,724.3	−0.003%	$262.4M	$64.3M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,726.7	+0.089%	$161.2M	$356.8M	25x	as long as short
Aftermath Perps ETHUSD	+0.0102%	1h	2,725.4	+0.040%	$30K	$20K	20x	as long as short
Extended ETH-USD	+0.0104%	1h	2,723.6	−0.026%	$30.4M	$71.5M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0104% / S +0.0056%	1h	2,724.6	+0.010%	—	$30.2M	500x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,725.6	+0.045%	$46.6M	$4.27B	50x	as long as short
RISEx ETH/USDC	+0.0114%	1h	2,725.1	+0.029%	$5.6M	$11.7M	25x	as long as short
Reya ETHRUSDPERP	+0.0179%	1h	2,722.9	−0.050%	$7.3M	$972K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0185%	8h	2,726.5	+0.079%	$32.2M	$11.2M	100x	as long as short
Bluefin ETH-PERP	+0.0326%	1h	2,724.6	+0.010%	$20K	$23K	25x	as long as short