Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Extended against MEXC−0.026%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.664%−$66 · spread now −0.026%, 7d avg −0.053%
=Together, before fees−0.657%+ Points / potential airdropExtended: Active · farm board−$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.027% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7038 | 0.0100 | pay 0.0050% / 4h | 51m 39s | $15.7M | $4.0M | 125x |
| Short | Extended ETHFI-USD | 0.7036 | 0.0104 | get 0.0013% / 1h | 51m 39s | $96K | $378K | 10x |
MEXC ETHFI_USDT
Extended ETHFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.026% → −0.053%
- $2.69
- Slippage, 4 orders
- −$36.91
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$42.38
- Costs to cover
- 0.459%
- Break-even
- 360.2 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 6 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 | 0.71 bp | 5.3 bp −$5 | 12.9 bp −$129 | 55.2 bp −$5,519 | 161.3 bp −$80.6K |
| Sell Extended live order book, 6 min ago | 1.56 bp | 17.7 bp −$18 | 160.7 bp −$1,607 | doesn't fit | 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 | −0.0601% | 1h | 0.7047 | +0.128% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0209% | 4h | 0.7045 | +0.099% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0095% | 4h | 0.7049 | +0.156% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.870% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7056 | +0.256% | $263K | $214K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0067% | 8h | 0.7039 | +0.019% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7045 | +0.101% | $1.1M | $878K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7041 | +0.038% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7055 | +0.242% | $180K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7037 | −0.014% | $24.5M | $35.6M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7042 | +0.057% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7048 | +0.142% | $4.9M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7047 | +0.128% | $1.7M | $1.9M | 75x | as long as short |
| MEXC ETHFI_USDTlong | +0.0100% | 4h | 0.7038 | long leg | $15.7M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7040 | +0.028% | $1.2M | $242K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7040 | +0.028% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7043 | +0.071% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7085 | +0.673% | $1.0M | $703K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7062 | +0.338% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7058 | +0.284% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USDshort | +0.0104% | 1h | 0.7036 | −0.026% | $96K | $378K | 10x | |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7043 | +0.073% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7067 | +0.412% | $1.2M | $245K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7074 | +0.512% | $31K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX