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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 23:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h +0.006%
Price spread now: RISEx against MEXC−0.002%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$100.097% of the position
Long on MEXCShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.040%+$4 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.002%, 7d avg +0.009%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETH_USDT2,769.80.0060pay 0.0060% / 8h1h 31m$1.62B$2.66B500x
ShortRISEx ETH/USDC2,769.7−0.0085pay 0.0011% / 1h31m 26s$5.8M$12.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$30.47
Price spread: −0.002% → +0.009%
−$1.11
Slippage, 4 orders
−$1.69
Fee MEXC: 1 bp × 2 orders
−$2
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$41.27
Costs to cover
0.097%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; RISEx: live order book, 3 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, 3 min ago0.02 bp1.0 bp −$11.0 bp −$101.1 bp −$1143.7 bp −$1,832
Sell RISEx live order book, 3 min ago0.02 bp4.6 bp −$55.2 bp −$52doesn't fitdoesn't fit

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
Perpl ETH−0.0447%43m2,770.9+0.040%$289K$6.9M8.3xas long as short
RISEx ETH/USDCshort−0.0085%1h2,769.7−0.002%$5.8M$12.1M25x
Hotstuff ETH-PERP−0.0080%1h2,770.7+0.034%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,775.4+0.204%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,770.3+0.019%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0022%1h2,775.8+0.220%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,770.5+0.027%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,778.1+0.301%$886K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.5+0.027%$22.4M—200xas long as short
BingX ETH-USDT+0.0016%8h2,769.6−0.006%—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0020%8h2,769.9+0.004%$1.70B$11.81B100xas long as short
Phemex ETHUSDT+0.0023%8h2,772.5+0.100%$269.6M$68.7M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,770.4+0.023%$12.9M—200xas long as short
Aster ETHUSDT+0.0034%8h2,769.8+0.001%$255.8M$990.5M200xas long as short
Bullet ETH-USD+0.0037%1h2,769.80.000%$180K$1.7M20xas long as short
MEXC ETH_USDTlong+0.0060%8h2,769.8long leg$1.62B$2.66B500x
Binance ETHUSDT+0.0060%8h2,770+0.007%$6.43B$17.15B150xas long as short
Aevo ETH-PERP+0.0064%1h2,770.6+0.029%$5.0M$636K20xas long as short
Nado ETH-PERP+0.0064%1h2,769.2−0.020%$14.3M$118.0M50xas long as short
Gate ETH_USDT+0.0072%8h2,769.8+0.001%$3.28B$9.60B200xas long as short
Bitget ETHUSDT+0.0072%8h2,769.8+0.001%$2.10B$3.10B150xas long as short
Deribit ETH-PERPETUAL+0.0075%1h2,773.4+0.131%$258.3M$222.2M50xas long as short
SoDEX ETH-USD+0.0083%1h2,771.8+0.074%$55.2M$228.8M40xas long as short
Bybit ETHUSDT+0.0092%8h2,769.7−0.003%$2.51B$4.61B150xas long as short
HTX ETH-USDT+0.0094%8h2,772.1+0.086%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,770.3+0.019%$114.8M$499.3M50xas long as short
Lighter RH ETH+0.0096%1h2,771.5+0.061%$25.4M$121.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,773.6+0.140%—$41.5M500xas long as short
ApeX Omni ETHUSDT+0.0097%1h2,777.8+0.288%$8.7M$32.5M100xas long as short
KuCoin ETHUSDTM+0.0098%8h2,769.80.000%$424.5M$738.1M100xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,769.6−0.006%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.9+0.005%$479K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.2+0.088%$3.18B$2.37B25xas long as short
Pacifica ETH+0.0100%1h2,770.2+0.018%$31.3M$297.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,768.9−0.031%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.6+0.066%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.417%$166.9M$248.1M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771+0.046%$15.2M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,774.6+0.174%$135.3M$322.5M—as long as short
edgeX ETHUSDC+0.0100%4h2,777.1+0.263%$180.0M$780.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,777+0.262%$161.5M$91.0M50xas long as short
StandX ETH-USD+0.0100%1h2,772.6+0.103%$21.4M$58.0M40xas long as short
Vest ETH-PERP+0.0100%1h2,770.9+0.043%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,771.2+0.052%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.4+0.095%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.1+0.158%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,771+0.046%$972K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,768.8−0.035%$31.5M$74.5M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,773.8+0.147%$60.1M$4.59B50xas long as short
Kalshi KXETHPERP+0.0119%8h2,774.2+0.160%$8.6M$675.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0137%8h2,774.3+0.164%$32.5M$12.0M100xas long as short
Hibachi ETH/USDT-P+0.0168%1h2,773.6+0.137%$278K$1.5M20xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,773.7+0.143%$86.3M$331.1M100xas long as short
BloFin ETH-USDT+0.0181%8h2,775.4+0.205%$285.0M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0190%1h2,769.7−0.003%$7.3M$1.2M25xas long as short