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
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.014%, 7d avg +0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7141 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $24.8M | $36.0M | 75x |
| Short | MEXC ETHFI_USDT | 0.7142 | 0.0100 | get 0.0050% / 4h | 2h 05m | $15.5M | $4.0M | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 0.69 bp | 15.1 bp −$15 | 31.4 bp −$314 | 170.8 bp −$17.1K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.39 bp | 7.3 bp −$7 | 22.5 bp −$225 | 67.5 bp −$6,753 | 184.7 bp −$92.3K |
ETHFI on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ETHFI_USDC | −0.0200% | 4h | 0.7142 | +0.014% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0170% | 1h | 0.7145 | +0.056% | $41K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0106% | 4h | 0.7135 | −0.084% | $88K | $168K | 20x | as long as short |
| Variational Omni ETHFI | +0.0030% | 4h | 0.7139 | −0.031% | $1.1M | $717K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.386% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0063% | 8h | 0.7134 | −0.093% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7147 | +0.088% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7147 | +0.091% | $17.9M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7141 | +0.002% | $182K | $258K | 10x | as long as short |
| Binance ETHFIUSDTlong | +0.0100% | 4h | 0.7141 | long leg | $24.8M | $36.0M | 75x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7145 | +0.056% | $18.0M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7150 | +0.126% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7146 | +0.070% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDTshort | +0.0100% | 4h | 0.7142 | +0.014% | $15.5M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7135 | −0.084% | $1.2M | $258K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7139 | −0.028% | $6.1M | $5.4M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7141 | 0.000% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7166 | +0.353% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7146 | +0.070% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7140 | −0.012% | $97K | $376K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7140 | −0.014% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7253 | +1.568% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0227% | 1h | 0.7152 | +0.153% | $275K | $188K | 20x | as long as short |
Binance ETHFIUSDT
MEXC ETHFI_USDT
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD