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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.014%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.014%, 7d avg +0.003%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71410.0100pay 0.0050% / 4h2h 05m$24.8M$36.0M75x
ShortMEXC ETHFI_USDT0.71420.0100get 0.0050% / 4h2h 05m$15.5M$4.0M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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
$0
Price spread: +0.014% → +0.003%
$1.1
Slippage, 4 orders
−$28.31
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$41.21
Costs to cover
0.423%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: 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 Binance live order book, 6 min ago0.69 bp15.1 bp −$1531.4 bp −$314170.8 bp −$17.1Kdoesn't fit
Sell MEXC live order book, 3 min ago1.39 bp7.3 bp −$722.5 bp −$22567.5 bp −$6,753184.7 bp −$92.3K

ETHFI on 23 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
Orderly PERP_ETHFI_USDC−0.0200%4h0.7142+0.014%$16K$1K10xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0170%1h0.7145+0.056%$41K$13K10xas long as short
HTX ETHFI-USDT−0.0106%4h0.7135−0.084%$88K$168K20xas long as short
Variational Omni ETHFI+0.0030%4h0.7139−0.031%$1.1M$717Kas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.386%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0063%8h0.7134−0.093%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7147+0.088%$1.1M$888K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7147+0.091%$17.9M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7141+0.002%$182K$258K10xas long as short
Binance ETHFIUSDTlong+0.0100%4h0.7141long leg$24.8M$36.0M75x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7145+0.056%$18.0M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7150+0.126%$5.0M$12.3M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7146+0.070%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDTshort+0.0100%4h0.7142+0.014%$15.5M$4.0M125x
KuCoin ETHFIUSDTM+0.0100%4h0.7135−0.084%$1.2M$258K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7139−0.028%$6.1M$5.4M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.71410.000%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7166+0.353%$71K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7146+0.070%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7140−0.012%$97K$376K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7140−0.014%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0160%1h0.7253+1.568%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0227%1h0.7152+0.153%$275K$188K20xas long as short