ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.013%

Price spread now: OKX against MEXC+0.028%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$430.431% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days+0.039%+$4 · spread now +0.028%, 7d avg +0.046%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ETHFI_USDT	0.7055	0.0062	pay 0.0031% / 4h	3h 30m	$16.0M	$4.1M	125x
Short	OKX ETHFI-USDT-SWAP	0.7057	0.0100	get 0.0050% / 4h	3h 30m	$5.1M	$12.3M	20x

Funding history

latest

Range statsloading…

OKX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now +0.028%Rate

Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 2 min ago.

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	1.42 bp	7.0 bp −$7	11.3 bp −$113	57.5 bp −$5,754	159.8 bp −$79.9K
Sell OKX live order book, 2 min ago	0.71 bp	14.4 bp −$14	41.8 bp −$418	doesn't fit	doesn't fit

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	−0.1118%	4h	0.7020	−0.496%	$85K	$186K	20x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0304%	1h	0.7061	+0.080%	$261K	$212K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0242%	4h	0.7059	+0.057%	$16K	$1K	10x	as long as short
Deribit ETHFI_USDC-PERPETUAL	−0.0175%	1h	0.7063	+0.113%	$40K	$11K	10x	as long as short
Paradex ETHFI-USD-PERP	−0.0001%	8h	0.7029	−0.373%	$6K	—	5x	as long as short
Variational Omni ETHFI	+0.0032%	4h	0.7059	+0.060%	$985K	$703K	—	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+2.622%	$321	$51K	5.5x	as long as short
Bybit ETHFIUSDT	+0.0047%	4h	0.7053	−0.028%	$17.6M	$12.5M	25x	as long as short
MEXC ETHFI_USDTlong	+0.0062%	4h	0.7055	long leg	$16.0M	$4.1M	125x
Binance ETHFIUSDT	+0.0063%	4h	0.7057	+0.023%	$24.5M	$34.9M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ETHFI-USD	+0.0064%	1h	0.7051	−0.055%	$96K	$374K	10x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7069	+0.193%	$1.1M	$841K	5x	as long as short
Aevo ETHFI-PERP	+0.0096%	1h	0.7061	+0.088%	$8K	—	3x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7061	+0.088%	$17.5M	$7.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7056	+0.018%	$180K	$228K	10x	as long as short
OKX ETHFI-USDT-SWAPshort	+0.0100%	4h	0.7057	+0.028%	$5.1M	$12.3M	20x
Gate ETHFI_USDT	+0.0100%	4h	0.7062	+0.099%	$1.7M	$1.9M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7052	−0.043%	$1.2M	$227K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7050	−0.071%	$6.1M	$5.2M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7060	+0.071%	—	$8.8M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7063	+0.111%	$65K	$125K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7061	+0.085%	$2K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0252%	4h	0.7033	−0.312%	$1.2M	$242K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0544%	1h	0.7054	−0.014%	$31K	$6K	50x	as long as short