Funding you earn now, next payment 04:00 UTC−0.0223%/8h= −24.4% APRnext payment −$1.11 per $10,000 · paid last 24h −0.057%
Price spread now: Orderly against MEXC0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 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 | 0.7194 | 0.0026 | pay 0.0013% / 4h | 3h 40m | $15.4M | $3.8M | 125x |
| Short | Orderly PERP_ETHFI_USDC | 0.7194 | −0.0197 | pay 0.0098% / 4h | 3h 40m | $16K | $1K | 10x |
MEXC ETHFI_USDT
Orderly PERP_ETHFI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$46.79
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$56.79
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 0.69 bp | 7.1 bp −$7 | 17.0 bp −$170 | 74.2 bp −$7,422 | 180.1 bp −$90.0K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0800% | 4h | 0.7175 | −0.264% | $83K | $165K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0305% | 1h | 0.7198 | +0.056% | $41K | $14K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0234% | 4h | 0.7196 | +0.028% | $18.2M | $13.1M | 25x | as long as short |
| Orderly PERP_ETHFI_USDCshort | −0.0197% | 4h | 0.7194 | 0.000% | $16K | $1K | 10x | |
| Variational Omni ETHFI | −0.0057% | 4h | 0.7188 | −0.078% | $1.0M | $744K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0041% | 8h | 0.7198 | +0.053% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0024% | 1h | 0.7192 | −0.025% | $97K | $607K | 10x | as long as short |
| MEXC ETHFI_USDTlong | +0.0026% | 4h | 0.7194 | long leg | $15.4M | $3.8M | 125x | |
| Binance ETHFIUSDT | +0.0027% | 4h | 0.7194 | −0.003% | $25.1M | $37.4M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.639% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Bybit ETHFIUSDT
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
Binance 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 | +0.0088% | 1h | 0.7195 | +0.014% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7205 | +0.157% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7204 | +0.138% | $18.1M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7198 | +0.050% | $184K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7200 | +0.083% | $5.0M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7201 | +0.097% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7195 | +0.014% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7194 | 0.000% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7198 | +0.056% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7197 | +0.036% | $60K | $105K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7197 | +0.042% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0106% | 4h | 0.7186 | −0.111% | $1.2M | $277K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.598% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0219% | 1h | 0.7208 | +0.199% | $274K | $165K | 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