Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against MEXC−0.005%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as 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 MEXCShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.005%, 7d avg −0.002%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETH_USDT2,770.50.0060pay 0.0060% / 8h7h 13m$1.62B$2.66B500x
ShortOKX ETH-USDT-SWAP2,770.30.0029get 0.0029% / 8h7h 13m$1.71B$11.08B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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

Funding earned
−$6.47
Price spread: −0.005% → −0.002%
−$0.31
Slippage, 4 orders
−$0.07
Fee MEXC: 1 bp × 2 orders
−$2
Fee OKX: 5 bp × 2 orders
−$10
Net
−$18.85
Costs to cover
0.121%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; OKX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago0.02 bp1.0 bp −$11.0 bp −$101.1 bp −$1143.0 bp −$1,502
Sell OKX live order book, 6 min ago0.02 bp5.0 bp −$55.0 bp −$506.3 bp −$6318.6 bp −$4,320

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ETH/USDC PERP−0.0752%1h2,765.8−0.168%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,770.2−0.009%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,771+0.021%$340K$6.2M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.5+0.002%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,770.4−0.002%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,770.2−0.009%$872K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771.5+0.037%$12.3M$43.1M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.5+0.112%$22.4M—200xas long as short
Bullet ETH-USD+0.0016%1h2,772.6+0.077%$185K$1.7M20xas long as short
OKX ETH-USDT-SWAPshort+0.0029%8h2,770.3−0.005%$1.71B$11.08B100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0036%1h2,773+0.092%$55.2M$188.0M40xas long as short
Phemex ETHUSDT+0.0042%8h2,773+0.093%$269.9M$67.1M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,773.3+0.104%$12.7M—200xas long as short
Aster ETHUSDT+0.0050%8h2,772.2+0.062%$256.4M$886.0M200xas long as short
Aevo ETH-PERP+0.0056%1h2,771.2+0.026%$5.0M$156K20xas long as short
MEXC ETH_USDTlong+0.0060%8h2,770.5long leg$1.62B$2.66B500x
Binance ETHUSDT+0.0061%8h2,769.9−0.019%$6.48B$16.25B150xas long as short
Gate ETH_USDT+0.0075%8h2,770.7+0.010%$3.38B$9.08B200xas long as short
Bitget ETHUSDT+0.0077%8h2,770.2−0.011%$2.10B$2.84B150xas long as short
Aftermath Perps ETHUSD+0.0079%1h2,770.5+0.003%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,774.9+0.159%$60.5M$4.43B50xas long as short
Vest ETH-PERP+0.0081%1h2,770.7+0.011%—$876K50xas long as short
HTX ETH-USDT+0.0084%8h2,772.5+0.074%$1.08B$1.24B200xas long as short
KuCoin ETHUSDTM+0.0088%8h2,771.2+0.026%$421.1M$604.2M100xas long as short
ApeX Omni ETHUSDT+0.0094%1h2,769.3−0.042%$8.6M$32.0M100xas long as short
Lighter ETH+0.0096%1h2,771.3+0.031%$115.2M$459.7M50xas long as short
Lighter RH ETH+0.0096%1h2,772.6+0.078%$25.6M$111.9M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,775.8+0.194%$16.0M$8.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,770.6+0.005%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,770.3−0.005%$14.6M$113.4M50xas long as short
Hyperliquid ETH+0.0100%1h2,773.5+0.110%$3.17B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,771.5+0.037%$31.2M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.4−0.003%$2.51B$4.32B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.2−0.009%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.8+0.011%$2.8M$16.8M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.250%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,770.6+0.005%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,773.9+0.126%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.4−0.073%$133.7M$347.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,769−0.054%$181.8M$786.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.3−0.006%$161.1M$84.3M50xas long as short
StandX ETH-USD+0.0100%1h2,772.2+0.063%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.9−0.020%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.9+0.089%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.7+0.153%$42.6M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,772.4+0.070%$972K$12.9M100xas long as short
Extended ETH-USD+0.0104%1h2,769.8−0.025%$30.9M$75.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,770.8+0.012%—$36.2M500xas long as short
Kalshi KXETHPERP+0.0110%8h2,772.4+0.070%$8.1M$676.2M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,775.1+0.167%$98.0M$320.2M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,771.2+0.027%$253K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0155%8h2,775.3+0.176%$32.7M$11.1M100xas long as short
BloFin ETH-USDT+0.0180%8h2,769.8−0.023%$288.0M$178.8M150xas long as short
Deribit ETH-PERPETUAL+0.0197%1h2,774.9+0.161%$259.1M$203.1M50xas long as short
Reya ETHRUSDPERP+0.0213%1h2,769.9−0.019%$7.3M$1.1M25xas long as short