Funding you earn now, next payment 04:00 UTC+0.0282%/8h= +30.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.057%
Price spread now: MEXC against Orderly+0.014%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: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETHFI_USDC | 0.7232 | −0.0206 | get 0.0103% / 4h | 3h 13m | $17K | $1K | 10x |
| Short | MEXC ETHFI_USDT | 0.7233 | 0.0076 | get 0.0038% / 4h | 3h 13m | $15.4M | $3.9M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Orderly. 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
- $59.26
- Price spread: +0.014% → 0.000%
- $1.38
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $50.64
- Costs to cover
- 0.100%
- Break-even
- 1.0 days
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 5 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 0.70 bp | 4.8 bp −$5 | 24.8 bp −$248 | 75.3 bp −$7,525 | 165.1 bp −$82.5K |
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 | −0.0770% | 4h | 0.7214 | −0.249% | $84K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0441% | 1h | 0.7235 | +0.041% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDClong | −0.0206% | 4h | 0.7232 | long leg | $17K | $1K | 10x | |
| Variational Omni ETHFI | −0.0016% | 4h | 0.7191 | −0.562% | $1.0M | $717K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0008% | 8h | 0.7232 | +0.002% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.111% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDTshort | +0.0076% | 4h | 0.7233 | +0.014% | $15.4M | $3.9M | 125x | |
| Extended ETHFI-USD | +0.0080% | 1h | 0.7234 | +0.021% | $100K | $392K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0081% | 4h | 0.7241 | +0.126% | $25.3M | $36.5M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7242 | +0.141% | $1.1M | $894K | 5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7235 | +0.041% | $9K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7241 | +0.120% | $18.2M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7236 | +0.053% | $185K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7246 | +0.194% | $18.3M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7247 | +0.207% | $5.0M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7241 | +0.124% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7235 | +0.041% | $1.2M | $264K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7238 | +0.083% | $6.2M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7236 | +0.055% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7245 | +0.177% | $72K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7222 | −0.138% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.069% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0218% | 1h | 0.7240 | +0.111% | $275K | $167K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0288% | 4h | 0.7206 | −0.360% | $1.3M | $273K | 75x | as long as short |
MEXC ETHFI_USDT
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Extended ETHFI-USD
Binance ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT