Funding you earn now, next payment 08:00 UTC−0.0383%/8h= −41.9% APRnext payment −$1.91 per $10,000 · paid last 24h −0.062%
Price spread now: HTX against MEXC−0.029%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now −0.029%, 7d avg −0.111%
=The price spread pays, funding is against you. HTX is 0.083% dearer against MEXC than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.111%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.154% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.91 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 | MEXC ETHFI_USDT | 0.6950 | −0.0030 | get 0.0015% / 4h | 39m 57s | $15.7M | $4.2M | 125x |
| Short | HTX ETHFI-USDT | 0.6948 | −0.0413 | pay 0.0206% / 4h | 39m 57s | $82K | $168K | 20x |
MEXC ETHFI_USDT
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$80.39
- Price spread: −0.029% → −0.111%
- $8.26
- Slippage, 4 orders
- −$67.74
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$155.86
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; HTX: live order book, 61 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, 4 min ago | 0.72 bp | 5.4 bp −$5 | 15.8 bp −$158 | 62.3 bp −$6,227 | 115.4 bp −$57.7K |
| Sell HTX live order book, 61 min ago | 10.81 bp | 24.4 bp −$24 | doesn't fit | 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 | −0.0468% | 1h | 0.6954 | +0.058% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDTshort | −0.0413% | 4h | 0.6948 | −0.029% | $82K | $168K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0292% | 4h | 0.6951 | +0.014% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0142% | 4h | 0.6964 | +0.196% | $917K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0068% | 8h | 0.6957 | +0.100% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | −0.0032% | 1h | 0.6949 | −0.018% | $95K | $503K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0032% | 4h | 0.6951 | +0.014% | $24.2M | $36.1M | 75x | as long as short |
| MEXC ETHFI_USDTlong | −0.0030% | 4h | 0.6950 | long leg | $15.7M | $4.2M | 125x | |
| Bybit ETHFIUSDT | −0.0013% | 4h | 0.6954 | +0.058% | $17.1M | $13.1M | 25x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.173% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
Binance ETHFIUSDT
Bybit ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6948 | −0.027% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6957 | +0.101% | $1.1M | $828K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6956 | +0.092% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6962 | +0.167% | $178K | $263K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6956 | +0.086% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6961 | +0.158% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6955 | +0.072% | $1.2M | $224K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6950 | 0.000% | $6.1M | $4.8M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6953 | +0.043% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6959 | +0.127% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6958 | +0.115% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0208% | 4h | 0.6961 | +0.158% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0272% | 1h | 0.6990 | +0.576% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0820% | 1h | 0.6970 | +0.283% | $291K | $285K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD