Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against MEXC−0.125%7-day average +0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 3 days (all we have)+0.090%+$9 · spread now −0.125%, 7d avg +0.052%
Together, before fees+0.115%+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.178% cheaper against MEXC than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of +0.052%). If the spread goes back, that is −$18 on $10k: about 7.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.026% in total) that is about 49 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETHFI_USDT0.71740.0024pay 0.0012% / 4h1h 09m$15.1M$3.8M125x
ShortSunX ETHFI-USDT0.71650.0100get 0.0050% / 4h1h 09m$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$15.96
Price spread: −0.125% → +0.052%
−$17.78
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$13.82
Costs to cover
0.120%
Break-even
13.1 days
Slippage unknown: MEXC: live order book, 4 min ago; SunX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.70 bp5.8 bp −$610.6 bp −$10660.7 bp −$6,073180.4 bp −$90.2K
Sell SunX live order book, 4 min ago513.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0446%1h0.7177+0.042%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0276%4h0.7145−0.404%$83K$165K20xas long as short
Kraken Futures PF_ETHFIUSD−0.0252%1h0.7185+0.149%$282K$148K20xas long as short
Orderly PERP_ETHFI_USDC−0.0187%4h0.7172−0.028%$16K$1K10xas long as short
Binance ETHFIUSDT+0.0023%4h0.7175+0.014%$24.9M$37.2M75xas long as short
Paradex ETHFI-USD-PERP+0.0024%8h0.7166−0.112%$6K5xas long as short
Extended ETHFI-USD+0.0024%1h0.7176+0.035%$93K$493K10xas long as short
MEXC ETHFI_USDTlong+0.0024%4h0.7174long leg$15.1M$3.8M125x
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.920%$321$51K5.5xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7170−0.053%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ETHFI-USDT+0.0093%4h0.7169−0.070%$1.2M$292K75xas long as short
Bitget ETHFIUSDT+0.0094%4h0.7181+0.098%$6.1M$5.7M75xas long as short
Lighter ETHFI+0.0096%1h0.7181+0.098%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7186+0.173%$18.2M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7175+0.009%$183K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7182+0.112%$18.3M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7185+0.153%$4.9M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7179+0.070%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7175+0.014%$1.2M$272K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7178+0.056%$26.1Mas long as short
Variational Omni ETHFI+0.0100%4h0.7166−0.118%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7174+0.003%$59K$93K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7165−0.125%$1K$1.1M20x
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7177+0.042%$31K$6K50xas long as short