Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Bitget+0.042%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.084%−$8 · spread now +0.042%, 7d avg −0.015%
=The price spread pays, funding is against you. MEXC is 0.057% dearer against Bitget than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.015%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETHFIUSDT | 0.7195 | 0.0100 | pay 0.0050% / 4h | 32m 00s | $6.1M | $5.7M | 75x |
| Short | MEXC ETHFI_USDT | 0.7198 | 0.0036 | get 0.0018% / 4h | 32m 00s | $15.3M | $3.8M | 125x |
Bitget ETHFIUSDT
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- −$13.44
- Price spread: +0.042% → −0.015%
- $5.68
- Slippage, 4 orders
- −$31.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$55.01
- Costs to cover
- 0.472%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 2 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 Bitget live order book, 1 min ago | 1.39 bp | 17.7 bp −$18 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.69 bp | 5.6 bp −$6 | 14.2 bp −$142 | 61.3 bp −$6,131 | 125.5 bp −$62.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0332% | 4h | 0.7176 | −0.264% | $83K | $164K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7197 | +0.028% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0166% | 1h | 0.7201 | +0.083% | $42K | $18K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0028% | 8h | 0.7199 | +0.061% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.625% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDTshort | +0.0036% | 4h | 0.7198 | +0.042% | $15.3M | $3.8M | 125x | |
| Binance ETHFIUSDT | +0.0039% | 4h | 0.7198 | +0.042% | $25.1M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7195 | +0.004% | $93K | $493K | 10x | as long as short |
| Aster ETHFIUSDT | +0.0056% | 4h | 0.7204 | +0.128% | $184K | $262K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7195 | 0.000% | $9K | — | 3x | as long as short |
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Extended ETHFI-USD
Aster ETHFIUSDT
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7209 | +0.192% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7209 | +0.199% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7198 | +0.042% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7199 | +0.056% | $5.0M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7199 | +0.056% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7196 | +0.014% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDTlong | +0.0100% | 4h | 0.7195 | long leg | $6.1M | $5.7M | 75x | |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7200 | +0.069% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7192 | −0.046% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7200 | +0.065% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7199 | +0.056% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0149% | 4h | 0.7196 | +0.014% | $1.3M | $291K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.584% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7204 | +0.123% | $277K | $161K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD