Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.056%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now +0.056%, 7d avg +0.045%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7159 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $15.5M | $4.0M | 125x |
| Short | Bybit ETHFIUSDT | 0.7163 | 0.0100 | get 0.0050% / 4h | 2h 30m | $18.0M | $12.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- Price spread: +0.056% → +0.045%
- $1.08
- Slippage, 4 orders
- −$31.86
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.79
- Costs to cover
- 0.469%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 0.70 bp | 7.0 bp −$7 | 20.4 bp −$204 | 71.8 bp −$7,179 | 198.5 bp −$99.2K |
| Sell Bybit live order book, 3 min ago | 0.70 bp | 15.8 bp −$16 | 56.9 bp −$569 | doesn't fit | doesn't fit |
ETHFI on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0255% | 4h | 0.7164 | +0.070% | $88K | $169K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0208% | 4h | 0.7160 | +0.014% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0169% | 1h | 0.7164 | +0.070% | $41K | $13K | 10x | as long as short |
| Variational Omni ETHFI | −0.0004% | 4h | 0.7164 | +0.075% | $1.0M | $702K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.131% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0047% | 8h | 0.7166 | +0.100% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7170 | +0.161% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7168 | +0.126% | $18.1M | $8.4M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7169 | +0.144% | $183K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7162 | +0.042% | $24.9M | $36.2M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDTshort | +0.0100% | 4h | 0.7163 | +0.056% | $18.0M | $12.7M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7169 | +0.140% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7169 | +0.140% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDTlong | +0.0100% | 4h | 0.7159 | long leg | $15.5M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7168 | +0.126% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7158 | −0.014% | $6.1M | $5.4M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7166 | +0.098% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7178 | +0.263% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7167 | +0.112% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7157 | −0.026% | $98K | $380K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7157 | −0.031% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7185 | +0.363% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0226% | 1h | 0.7173 | +0.195% | $273K | $180K | 20x | as long as short |
MEXC ETHFI_USDT
Bybit ETHFIUSDT
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD