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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ETHFI_USDC0.7232−0.0206get 0.0103% / 4h3h 13m$17K$1K10x
ShortMEXC ETHFI_USDT0.72330.0076get 0.0038% / 4h3h 13m$15.4M$3.9M125x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell MEXC live order book, 5 min ago0.70 bp4.8 bp −$524.8 bp −$24875.3 bp −$7,525165.1 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETHFI-USDT−0.0770%4h0.7214−0.249%$84K$159K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0441%1h0.7235+0.041%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDClong−0.0206%4h0.7232long leg$17K$1K10x
Variational Omni ETHFI−0.0016%4h0.7191−0.562%$1.0M$717Kas long as short
Paradex ETHFI-USD-PERP+0.0008%8h0.7232+0.002%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.111%$321$51K5.5xas long as short
MEXC ETHFI_USDTshort+0.0076%4h0.7233+0.014%$15.4M$3.9M125x
Extended ETHFI-USD+0.0080%1h0.7234+0.021%$100K$392K10xas long as short
Binance ETHFIUSDT+0.0081%4h0.7241+0.126%$25.3M$36.5M75xas long as short
Lighter ETHFI+0.0096%1h0.7242+0.141%$1.1M$894K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0096%1h0.7235+0.041%$9K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.7241+0.120%$18.2M$8.6M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7236+0.053%$185K$256K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7246+0.194%$18.3M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7247+0.207%$5.0M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7241+0.124%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7235+0.041%$1.2M$264K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7238+0.083%$6.2M$5.5M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7236+0.055%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7245+0.177%$72K$116K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7222−0.138%$1K$1.1M20xas long as short
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+0.069%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0218%1h0.7240+0.111%$275K$167K20xas long as short
BloFin ETHFI-USDT+0.0288%4h0.7206−0.360%$1.3M$273K75xas long as short