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Funding arb · Price arb /

ETH

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Alert: spread
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Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.006%
Price spread now: MEXC against Lighter RH−0.095%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$40.044% of the position
Long on Lighter RHShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 7 days+0.087%+$9 · spread now −0.095%, 7d avg −0.030%
Together, before fees+0.004%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.066% cheaper against Lighter RH than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ETH2,734.60.0096pay 0.0012% / 1h10m 29s$23.5M$103.4M50x
ShortMEXC ETH_USDT2,7320.0095get 0.0095% / 8h1h 10m$1.54B$2.61B500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Lighter RH. 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
−$0.21
Price spread: −0.095% → −0.030%
−$6.55
Slippage, 4 orders
−$2.39
Fee Lighter RH: 0 bp × 2 orders
$0
Fee MEXC: 1 bp × 2 orders
−$2
Net
−$11.15
Costs to cover
0.044%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago0.55 bp1.3 bp −$12.3 bp −$2310.3 bp −$1,03372.1 bp −$36.1K
Sell MEXC live order book, 4 min ago0.02 bp1.0 bp −$11.0 bp −$101.2 bp −$1153.4 bp −$1,702

ETH on 54 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
Hotstuff ETH-PERP−0.0080%1h2,732.3−0.083%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0040%1h2,733.1−0.054%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,732.4−0.081%$11.9M—200xas long as short
Phoenix ETH−0.0006%1h2,733.5−0.039%$813K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,732.4−0.081%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,732.7−0.068%$6.6M$683.8M4.9xas long as short
Perpl ETH0.0000%43m2,731.7−0.106%$288K$5.8M8.3xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,732.8−0.065%$262.6M$213.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,733.4−0.043%$33.0M—200xas long as short
ApeX Omni ETHUSDT+0.0013%1h2,732.7−0.067%$8.6M$31.5M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ETHUSD+0.0016%1h2,733.2−0.050%$191K$891K50xas long as short
BingX ETH-USDC+0.0024%8h2,731.6−0.108%—$18.6M—as long as short
HTX ETH-USDT+0.0025%8h2,732−0.094%$1.05B$1.22B200xas long as short
Bybit ETHUSDT+0.0028%8h2,731.7−0.106%$2.34B$4.38B150xas long as short
KuCoin ETHUSDTM+0.0067%8h2,731.8−0.101%$379.6M$576.8M100xas long as short
SoDEX ETH-USD+0.0071%1h2,731.8−0.101%$54.4M$187.1M40xas long as short
OKX ETH-USDT-SWAP+0.0082%8h2,731.7−0.106%$1.65B$10.86B100xas long as short
Aster ETHUSDT+0.0083%8h2,732.1−0.090%$253.1M$846.8M200xas long as short
Bullet ETH-USD+0.0089%1h2,732−0.093%$189K$1.7M20xas long as short
Phemex ETHUSDT+0.0089%8h2,731.8−0.100%$263.1M$64.4M150xas long as short
MEXC ETH_USDTshort+0.0095%8h2,732−0.095%$1.54B$2.61B500x
Binance ETHUSDT+0.0095%8h2,732.4−0.081%$6.33B$16.10B150xas long as short
Lighter ETH+0.0096%1h2,733.7−0.033%$112.8M$438.5M50xas long as short
Lighter RH ETHlong+0.0096%1h2,734.6long leg$23.5M$103.4M50x
Aevo ETH-PERP+0.0096%1h2,729.5−0.186%$4.9M$165K20xas long as short
Aftermath Perps ETHUSD+0.0097%1h2,733.2−0.050%$30K$20K20xas long as short
Katana Perps ETH-USD+0.0100%8h2,732−0.094%$502K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,737.4+0.104%$15.4M$7.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,732.9−0.061%$14.1M$104.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,734.2−0.014%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,734−0.020%$32.2M$333.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,731.6−0.109%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,733.1−0.052%$1.5M$16.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,731.8−0.101%$164.2M$349.6M25xas long as short
Gate ETH_USDT+0.0100%8h2,732.8−0.066%$3.31B$9.04B200xas long as short
Bitget ETHUSDT+0.0100%8h2,732.1−0.091%$2.10B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,731.8−0.101%$15.1M$41.8M50xas long as short
Variational Omni ETH+0.0100%8h2,731.2−0.123%$134.1M$321.9M—as long as short
edgeX ETHUSDC+0.0100%4h2,732.2−0.088%$185.8M$682.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,733.3−0.048%$158.8M$85.9M50xas long as short
StandX ETH-USD+0.0100%1h2,733.1−0.054%$21.0M$70.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,733.7−0.032%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,733.5−0.039%$11.2M$9.5M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,732.8−0.065%$22K$21K25xas long as short
SunX ETH-USDT+0.0100%8h2,731.6−0.109%$958K$11.0M100xas long as short
Extended ETH-USD+0.0104%1h2,731.4−0.114%$30.4M$73.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,732.6−0.074%—$30.4M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,733.1−0.056%$46.6M$4.31B50xas long as short
RISEx ETH/USDC+0.0115%1h2,733.2−0.051%$5.6M$11.6M25xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,732.8−0.065%$243K$1.4M20xas long as short
Orderly PERP_ETH_USDC+0.0186%8h2,734.1−0.016%$32.2M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0188%1h2,731.1−0.129%$7.3M$975K25xas long as short
Kraken Futures PF_ETHUSD+0.0210%1h2,732.5−0.077%$82.1M$309.9M100xas long as short
BloFin ETH-USDT+0.0383%8h2,731.8−0.103%$280.5M$175.3M150xas long as short