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
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7133 | 0.0018 | pay 0.0009% / 4h | 6m 37s | $15.2M | $3.8M | 125x |
| Short | Binance ETHFIUSDT | 0.7133 | 0.0020 | get 0.0010% / 4h | 6m 37s | $24.9M | $37.4M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 2 min ago | 1.40 bp | 6.1 bp −$6 | 13.8 bp −$138 | 68.2 bp −$6,824 | 132.9 bp −$66.5K |
| Sell Binance live order book, 5 min ago | 0.70 bp | 12.3 bp −$12 | 27.2 bp −$272 | 98.7 bp −$9,869 | doesn't fit |
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 | −0.0450% | 1h | 0.7140 | +0.098% | $40K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0329% | 4h | 0.7121 | −0.168% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7133 | 0.000% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0045% | 8h | 0.7133 | +0.002% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7133 | −0.003% | $92K | $492K | 10x | as long as short |
| MEXC ETHFI_USDTlong | +0.0018% | 4h | 0.7133 | long leg | $15.2M | $3.8M | 125x | |
| Binance ETHFIUSDTshort | +0.0020% | 4h | 0.7133 | 0.000% | $24.9M | $37.4M | 75x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.500% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0045% | 4h | 0.7115 | −0.246% | $1.0M | $745K | — | as long as short |
| BloFin ETHFI-USDT | +0.0078% | 4h | 0.7132 | −0.014% | $1.3M | $281K | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7135 | +0.028% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7146 | +0.185% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7141 | +0.112% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7142 | +0.128% | $182K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7135 | +0.028% | $18.1M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7142 | +0.126% | $4.9M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7142 | +0.126% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7143 | +0.140% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7131 | −0.028% | $6.1M | $5.8M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7136 | +0.042% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7135 | +0.034% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7140 | +0.098% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +1.458% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0554% | 1h | 0.7148 | +0.207% | $275K | $162K | 20x | as long as short |
MEXC ETHFI_USDT
Binance ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Variational Omni ETHFI
BloFin ETHFI-USDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD