Funding you earn now, next payment 00:00 UTC+0.0277%/8h= +30.3% APRnext payment +$1.38 per $10,000 · paid last 24h +0.019%
Price spread now: MEXC against HTX+0.168%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now +0.168%, 7d avg +0.110%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.058% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.110%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ETHFI-USDT | 0.7150 | −0.0251 | get 0.0125% / 4h | 1h 12m | $83K | $165K | 20x |
| Short | MEXC ETHFI_USDT | 0.7162 | 0.0026 | get 0.0013% / 4h | 1h 12m | $15.1M | $3.8M | 125x |
HTX ETHFI-USDT
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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
- $58.12
- Price spread: +0.168% → +0.110%
- $5.8
- Slippage, 4 orders
- −$63.19
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$15.27
- Costs to cover
- 0.792%
- Break-even
- 8.8 days
Slippage from HTX: live order book, 4 min ago; MEXC: live order book, 1 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 HTX live order book, 4 min ago | 13.29 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.70 bp | 5.2 bp −$5 | 14.6 bp −$146 | 70.2 bp −$7,020 | 189.4 bp −$94.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0447% | 1h | 0.7165 | +0.210% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0252% | 1h | 0.7172 | +0.303% | $282K | $147K | 20x | as long as short |
| HTX ETHFI-USDTlong | −0.0251% | 4h | 0.7150 | long leg | $83K | $165K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0186% | 4h | 0.7163 | +0.182% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0023% | 8h | 0.7161 | +0.152% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0024% | 1h | 0.7161 | +0.156% | $93K | $493K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0026% | 4h | 0.7163 | +0.180% | $24.8M | $37.2M | 75x | as long as short |
| MEXC ETHFI_USDTshort | +0.0026% | 4h | 0.7162 | +0.168% | $15.1M | $3.8M | 125x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.259% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7160 | +0.140% | $9K | — | 3x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
Binance ETHFIUSDT
Injective ETHFI/USDC PERP
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ETHFIUSDT | +0.0090% | 4h | 0.7163 | +0.182% | $6.1M | $5.7M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7169 | +0.263% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7175 | +0.355% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7162 | +0.165% | $183K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7164 | +0.196% | $18.2M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7166 | +0.224% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7165 | +0.210% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7162 | +0.168% | $1.2M | $272K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7163 | +0.182% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7158 | +0.113% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7163 | +0.186% | $59K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7165 | +0.210% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0107% | 4h | 0.7152 | +0.028% | $1.2M | $291K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7177 | +0.378% | $31K | $6K | 50x | as long as short |
Bitget ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
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