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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.013%+$1 · spread now 0.000%, 7d avg −0.003%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETHFI_USDT0.71330.0018pay 0.0009% / 4h6m 37s$15.2M$3.8M125x
ShortBinance ETHFIUSDT0.71330.0020get 0.0010% / 4h6m 37s$24.9M$37.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0.36
Price spread: 0.000% → −0.003%
$0.32
Slippage, 4 orders
−$21.84
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$35.16
Costs to cover
0.358%
Break-even
688.3 days
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 5 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 MEXC live order book, 2 min ago1.40 bp6.1 bp −$613.8 bp −$13868.2 bp −$6,824132.9 bp −$66.5K
Sell Binance live order book, 5 min ago0.70 bp12.3 bp −$1227.2 bp −$27298.7 bp −$9,869doesn't fit

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−0.0450%1h0.7140+0.098%$40K$13K10xas long as short
HTX ETHFI-USDT−0.0329%4h0.7121−0.168%$83K$165K20xas long as short
Orderly PERP_ETHFI_USDC−0.0190%4h0.71330.000%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP−0.0045%8h0.7133+0.002%$6K5xas long as short
Extended ETHFI-USD+0.0016%1h0.7133−0.003%$92K$492K10xas long as short
MEXC ETHFI_USDTlong+0.0018%4h0.7133long leg$15.2M$3.8M125x
Binance ETHFIUSDTshort+0.0020%4h0.71330.000%$24.9M$37.4M75x
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.500%$321$51K5.5xas long as short
Variational Omni ETHFI+0.0045%4h0.7115−0.246%$1.0M$745Kas long as short
BloFin ETHFI-USDT+0.0078%4h0.7132−0.014%$1.3M$281K75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7135+0.028%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7146+0.185%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7141+0.112%$18.0M$9.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7142+0.128%$182K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7135+0.028%$18.1M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7142+0.126%$4.9M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7142+0.126%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7143+0.140%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7131−0.028%$6.1M$5.8M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7136+0.042%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7135+0.034%$59K$94K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7140+0.098%$1K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+1.458%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0554%1h0.7148+0.207%$275K$162K20xas long as short