Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Gate−0.098%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.098%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.044% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7143 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $1.7M | $2.0M | 75x |
| Short | MEXC ETHFI_USDT | 0.7136 | 0.0100 | get 0.0050% / 4h | 1h 16m | $15.5M | $4.0M | 125x |
Gate ETHFI_USDT
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: −0.098% → −0.054%
- −$4.4
- Slippage, 4 orders
- −$49.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$73.17
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from Gate: 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 Gate live order book, 1 min ago | 2.80 bp | 28.5 bp −$29 | 207.2 bp −$2,072 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.70 bp | 6.2 bp −$6 | 13.5 bp −$135 | 70.2 bp −$7,020 | 183.6 bp −$91.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0730% | 1h | 0.7134 | −0.126% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0202% | 4h | 0.7133 | −0.140% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0098% | 4h | 0.7129 | −0.196% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.358% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0080% | 8h | 0.7140 | −0.041% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7148 | +0.076% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7145 | +0.024% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7139 | −0.053% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7135 | −0.107% | $24.9M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7140 | −0.042% | $17.8M | $12.6M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7145 | +0.028% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7143 | long leg | $1.7M | $2.0M | 75x | |
| MEXC ETHFI_USDTshort | +0.0100% | 4h | 0.7136 | −0.098% | $15.5M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7139 | −0.056% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7137 | −0.084% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7142 | −0.014% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7156 | +0.177% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7146 | +0.042% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7134 | −0.126% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7132 | −0.153% | $9K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0306% | 1h | 0.7143 | +0.002% | $270K | $203K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7132 | −0.154% | $1.2M | $249K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0472% | 1h | 0.7156 | +0.188% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7169 | +0.364% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX