Funding you earn now, next payment 22:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h 0.000%
Price spread now: MEXC against Polymarket Perps−0.330%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.330% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$33 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ETHFI-USD | 0.7152 | 0.0100 | pay 0.0013% / 1h | 34m 00s | $56K | $81K | 5x |
| Short | MEXC ETHFI_USDT | 0.7128 | 0.0098 | get 0.0049% / 4h | 2h 34m | $15.3M | $3.7M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Polymarket Perps. 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
- −$0.42
- Price spread: −0.330% → 0.000%
- −$33
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.42
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; MEXC: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 1.39 bp | 5.9 bp −$6 | 15.5 bp −$155 | 65.3 bp −$6,534 | 150.1 bp −$75.1K |
Polymarket Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0729% | 1h | 0.7142 | −0.134% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0214% | 1h | 0.7150 | −0.026% | $278K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0155% | 4h | 0.7139 | −0.176% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0030% | 4h | 0.7125 | −0.372% | $83K | $164K | 20x | as long as short |
| Bitget ETHFIUSDT | +0.0022% | 4h | 0.7128 | −0.330% | $6.1M | $5.5M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.236% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0040% | 8h | 0.7144 | −0.108% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0093% | 4h | 0.7160 | +0.121% | $1.0M | $718K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7140 | −0.166% | $1.1M | $890K | 5x | as long as short |
| Extended ETHFI-USD | +0.0096% | 1h | 0.7127 | −0.341% | $100K | $488K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHFIUSDT | +0.0097% | 4h | 0.7126 | −0.355% | $25.1M | $36.0M | 75x | as long as short |
| MEXC ETHFI_USDTshort | +0.0098% | 4h | 0.7128 | −0.330% | $15.3M | $3.7M | 125x | |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7138 | −0.183% | $19.0M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7139 | −0.182% | $182K | $249K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7138 | −0.190% | $18.3M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7130 | −0.302% | $4.9M | $11.9M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7135 | −0.232% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7130 | −0.302% | $1.2M | $268K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7133 | −0.260% | — | $25.9M | — | as long as short |
| Polymarket Perps ETHFI-USDlong | +0.0100% | 1h | 0.7152 | long leg | $56K | $81K | 5x | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7143 | −0.120% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7136 | −0.219% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7207 | +0.775% | $32K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0338% | 4h | 0.7145 | −0.092% | $1.3M | $292K | 75x | as long as short |
Polymarket Perps ETHFI-USD
MEXC ETHFI_USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Bitget ETHFIUSDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT