Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.004%
Price spread now: MEXC against Aevo−0.121%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.121% cheaper against Aevo than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ETHFI-PERP | 0.6928 | 0.0080 | pay 0.0010% / 1h | 38m 18s | $8K | — | 3x |
| Short | MEXC ETHFI_USDT | 0.6920 | −0.0020 | pay 0.0010% / 4h | 2h 38m | $15.6M | $4.1M | 125x |
Aevo ETHFI-PERP
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.121% → 0.000%
- −$12.05
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.05
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 5 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 0.72 bp | 7.1 bp −$7 | 16.3 bp −$163 | 74.8 bp −$7,484 | 186.0 bp −$93.0K |
Aevo: 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 on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETHFIUSD | −0.0412% | 1h | 0.6943 | +0.212% | $277K | $263K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0409% | 4h | 0.6912 | −0.236% | $80K | $183K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0327% | 1h | 0.6927 | −0.019% | $39K | $10K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0263% | 4h | 0.6921 | −0.106% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0252% | 4h | 0.6927 | −0.019% | $17.2M | $12.8M | 25x | as long as short |
| Variational Omni ETHFI | −0.0092% | 4h | 0.6932 | +0.059% | $947K | $722K | — | as long as short |
| Extended ETHFI-USD | −0.0024% | 1h | 0.6920 | −0.122% | $94K | $502K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0023% | 4h | 0.6924 | −0.060% | $24.0M | $35.6M | 75x | as long as short |
| MEXC ETHFI_USDTshort | −0.0020% | 4h | 0.6920 | −0.121% | $15.6M | $4.1M | 125x | |
| Aster ETHFIUSDT | −0.0009% | 4h | 0.6933 | +0.069% | $177K | $260K | 10x | as long as short |
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
Aster ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0006% | 8h | 0.6920 | −0.122% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.498% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERPlong | +0.0080% | 1h | 0.6928 | long leg | $8K | — | 3x | |
| Lighter ETHFI | +0.0096% | 1h | 0.6933 | +0.073% | $1.1M | $830K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6932 | +0.051% | $16.8M | $8.4M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6931 | +0.038% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6928 | −0.005% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6924 | −0.063% | $1.2M | $232K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6923 | −0.077% | $6.0M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6923 | −0.077% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6932 | +0.053% | $62K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6935 | +0.096% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0218% | 4h | 0.6913 | −0.222% | $1.2M | $236K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.7054 | +1.814% | $31K | $5K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX