Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against SunX−0.114%7-day average −0.053% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.114%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.060% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ETHFI-USDT | 0.7029 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $2K | $1.1M | 20x |
| Short | MEXC ETHFI_USDT | 0.7021 | 0.0038 | get 0.0019% / 4h | 3h 12m | $15.9M | $4.1M | 125x |
SunX ETHFI-USDT
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. 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
- −$13.02
- Price spread: −0.114% → −0.053%
- −$6.04
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$31.06
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 1 min ago; MEXC: live order book, 1 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 SunX live order book, 1 min ago | 499.01 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.71 bp | 7.1 bp −$7 | 19.2 bp −$192 | 73.6 bp −$7,359 | 190.1 bp −$95.0K |
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 | −0.0462% | 1h | 0.7021 | −0.114% | $40K | $10K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0305% | 1h | 0.7027 | −0.033% | $259K | $213K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0250% | 4h | 0.7017 | −0.171% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0233% | 4h | 0.7011 | −0.256% | $82K | $180K | 20x | as long as short |
| Bybit ETHFIUSDT | −0.0188% | 4h | 0.7021 | −0.114% | $17.5M | $12.5M | 25x | as long as short |
| Variational Omni ETHFI | −0.0019% | 4h | 0.7028 | −0.010% | $981K | $703K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.002% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0038% | 4h | 0.7018 | −0.161% | $24.4M | $34.7M | 75x | as long as short |
| MEXC ETHFI_USDTshort | +0.0038% | 4h | 0.7021 | −0.114% | $15.9M | $4.1M | 125x | |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7014 | −0.214% | $98K | $419K | 10x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Bybit ETHFIUSDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0065% | 8h | 0.7022 | −0.098% | $6K | — | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7015 | −0.199% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7029 | −0.001% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7025 | −0.063% | $17.4M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7028 | −0.014% | $179K | $229K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7027 | −0.028% | $5.1M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7023 | −0.085% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7026 | −0.043% | $1.2M | $226K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7028 | −0.014% | $6.1M | $5.1M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7020 | −0.128% | — | $8.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7023 | −0.087% | $65K | $125K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.7029 | long leg | $2K | $1.1M | 20x | |
| BloFin ETHFI-USDT | +0.0158% | 4h | 0.7030 | +0.014% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | +0.356% | $31K | $6K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX