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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.002%
Price spread now: MEXC against Extended+0.042%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.648%+$65 · spread now +0.042%, 7d avg +0.053%
Together, before fees+0.641%+ Points / potential airdropExtended: Active · farm board+$64 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETHFI-USD0.70440.0104pay 0.0013% / 1h52m 00s$96K$378K10x
ShortMEXC ETHFI_USDT0.70470.0100get 0.0050% / 4h52m 00s$15.8M$3.9M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: +0.042% → +0.053%
−$1.15
Slippage, 4 orders
−$36.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$47.9
Costs to cover
0.459%
Break-even
never at this rate
Slippage from Extended: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago1.56 bp16.4 bp −$16169.0 bp −$1,690doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.71 bp6.6 bp −$717.4 bp −$17471.5 bp −$7,148182.4 bp −$91.2K

ETHFI on 24 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
Deribit ETHFI_USDC-PERPETUAL−0.0601%1h0.7047+0.042%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0209%4h0.7045+0.013%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0095%4h0.7049+0.070%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.782%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7056+0.170%$263K$214K20xas long as short
Paradex ETHFI-USD-PERP+0.0067%8h0.7048+0.052%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7051+0.104%$1.1M$878K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7054+0.134%$17.6M$7.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7054+0.147%$180K$258K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7047+0.042%$24.6M$35.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7050+0.084%$17.6M$12.5M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7053+0.127%$5.0M$12.2M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7053+0.127%$1.7M$1.9M75xas long as short
MEXC ETHFI_USDTshort+0.0100%4h0.7047+0.042%$15.8M$3.9M125x
KuCoin ETHFIUSDTM+0.0100%4h0.7052+0.113%$1.2M$242K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7046+0.028%$6.1M$5.2M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7047+0.042%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7085+0.586%$1.0M$703Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7062+0.252%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7058+0.198%$1K$1.1M20xas long as short
Extended ETHFI-USDlong+0.0104%1h0.7044long leg$96K$378K10x
Aevo ETHFI-PERP+0.0104%1h0.7043−0.013%$8K3xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7067+0.326%$1.2M$245K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7074+0.425%$31K$6K50xas long as short