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 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against MEXC−0.021%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Long on MEXCShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.021%, 7d avg −0.015%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, 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_USDT2,769.50.0055pay 0.0055% / 8h5m 12s$1.62B$2.66B500x
ShortSunX ETH-USDT2,768.90.0100get 0.0100% / 8h5m 12s$970K$13.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$9.45
Price spread: −0.021% → −0.015%
−$0.67
Slippage, 4 orders
−$3.27
Fee MEXC: 1 bp × 2 orders
−$2
Fee SunX: 4 bp × 2 orders
−$8
Net
−$4.49
Costs to cover
0.133%
Break-even
10.3 days
Slippage from MEXC: live order book, 4 min ago; SunX: live order book, 4 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, 4 min ago0.02 bp1.0 bp −$11.0 bp −$101.5 bp −$1534.2 bp −$2,089
Sell SunX live order book, 4 min ago0.13 bp4.1 bp −$44.3 bp −$436.4 bp −$6428.4 bp −$4,184

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−0.0223%43m2,769.1−0.014%$285K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,769.7+0.005%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.268%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.5−0.001%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0021%1h2,769.3−0.009%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,770.1+0.021%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,769.6+0.003%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.5+0.071%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.8+0.047%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0021%8h2,769.4−0.004%$1.71B$11.88B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,770.6+0.040%$12.8M—200xas long as short
Aftermath Perps ETHUSD+0.0029%1h2,771.1+0.059%$29K$22K20xas long as short
Phemex ETHUSDT+0.0030%8h2,769.5−0.002%$269.9M$68.7M150xas long as short
SoDEX ETH-USD+0.0030%1h2,769.9+0.014%$55.1M$228.7M40xas long as short
Aster ETHUSDT+0.0032%8h2,771+0.054%$255.8M$1.00B200xas long as short
Bullet ETH-USD+0.0035%1h2,769.8+0.011%$182K$1.7M20xas long as short
Binance ETHUSDT+0.0055%8h2,771+0.053%$6.45B$17.29B150xas long as short
MEXC ETH_USDTlong+0.0055%8h2,769.5long leg$1.62B$2.66B500x
Aevo ETH-PERP+0.0056%1h2,768.8−0.027%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,769.7+0.006%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0067%8h2,769.6+0.004%$3.29B$9.70B200xas long as short
KuCoin ETHUSDTM+0.0081%8h2,769.7+0.008%$420.9M$738.4M100xas long as short
Bybit ETHUSDT+0.0088%8h2,769.7+0.008%$2.50B$4.62B150xas long as short
BingX ETH-USDC+0.0088%8h2,769.2−0.013%—$17.5M—as long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,771.1+0.057%$60.3M$4.59B50xas long as short
HTX ETH-USDT+0.0092%8h2,769.2−0.013%$1.08B$1.32B200xas long as short
Nado ETH-PERP+0.0095%1h2,768.5−0.038%$14.3M$118.2M50xas long as short
Lighter ETH+0.0096%1h2,770.1+0.020%$115.0M$501.8M50xas long as short
Lighter RH ETH+0.0096%1h2,771.5+0.071%$25.3M$122.1M50xas long as short
Vest ETH-PERP+0.0097%1h2,770.5+0.034%—$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,768.7−0.031%$15.9M$10.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.2−0.012%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.1+0.093%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,769.3−0.006%$31.2M$316.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.2−0.012%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.3+0.030%$2.7M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.4−0.004%$169.4M$262.8M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.7+0.008%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.5−0.036%$148.3M$337.3M—as long as short
edgeX ETHUSDC+0.0100%4h2,769.8+0.010%$181.8M$784.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,770.9+0.051%$161.1M$89.5M50xas long as short
StandX ETH-USD+0.0100%1h2,770.8+0.046%$21.4M$58.7M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770.3+0.028%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.4+0.032%$21K$24K25xas long as short
SunX ETH-USDTshort+0.0100%8h2,768.9−0.021%$970K$13.9M100x
Derive ETH-PERP+0.0100%1h2,772.5+0.107%$42.7M$29.4M15xas long as short
Kalshi KXETHPERP+0.0102%8h2,770.5+0.035%$8.2M$688.4M4.9xas long as short
Extended ETH-USD+0.0104%1h2,769.6+0.003%$32.5M$78.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,770.8+0.045%—$43.8M500xas long as short
Deribit ETH-PERPETUAL+0.0104%1h2,771.7+0.079%$259.0M$222.2M50xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,771.1+0.058%$90.4M$338.2M100xas long as short
Orderly PERP_ETH_USDC+0.0144%8h2,772.8+0.117%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0175%8h2,770+0.018%$286.6M$193.5M150xas long as short
Hibachi ETH/USDT-P+0.0200%1h2,770+0.016%$252K$1.6M20xas long as short
Reya ETHRUSDPERP+0.0205%1h2,769.9+0.015%$7.3M$1.2M25xas long as short