ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against SunX−0.001%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$130.133% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.001%, 7d avg +0.015%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ETH-USDT	2,776	0.0100	pay 0.0100% / 8h	1h 17m	$974K	$14.0M	100x
Short	MEXC ETH_USDT	2,776	0.0065	get 0.0065% / 8h	1h 17m	$1.62B	$2.67B	500x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee MEXCbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$7.35
Price spread: −0.001% → +0.015%: −$1.57
Slippage, 4 orders: −$3.25
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$22.17
Costs to cover: 0.133%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; MEXC: live order book, 2 min ago.

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, 12 min ago	0.04 bp	7.2 bp −$7	7.3 bp −$73	9.2 bp −$922	doesn't fit
Sell MEXC live order book, 2 min ago	0.02 bp	1.0 bp −$1	1.0 bp −$10	1.4 bp −$145	4.1 bp −$2,032

ETH on 55 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
Perpl ETH	−0.0447%	43m	2,776.6	+0.023%	$288K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,775.7	−0.009%	$5.7M	$12.0M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,776.6	+0.022%	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,779.6	+0.130%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,776.1	+0.004%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0014%	1h	2,777.8	+0.067%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,777.1	+0.040%	$12.7M	$45.6M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,779.6	+0.130%	$886K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,777.9	+0.070%	$22.4M	—	200x	as long as short
BingX ETH-USDC	+0.0017%	8h	2,775.2	−0.030%	—	$17.4M	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex ETHUSDT	+0.0019%	8h	2,777.3	+0.047%	$270.1M	$68.6M	150x	as long as short
OKX ETH-USDT-SWAP	+0.0019%	8h	2,775.2	−0.029%	$1.70B	$11.86B	100x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,777.8	+0.067%	$13.0M	—	200x	as long as short
Bullet ETH-USD	+0.0039%	1h	2,777	+0.038%	$181K	$1.7M	20x	as long as short
Aster ETHUSDT	+0.0039%	8h	2,776.2	+0.008%	$256.6M	$991.8M	200x	as long as short
Deribit ETH-PERPETUAL	+0.0060%	1h	2,778.8	+0.103%	$258.4M	$222.3M	50x	as long as short
Nado ETH-PERP	+0.0060%	1h	2,775.6	−0.014%	$14.2M	$118.2M	50x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,775.5	−0.016%	$5.0M	$636K	20x	as long as short
MEXC ETH_USDTshort	+0.0065%	8h	2,776	−0.001%	$1.62B	$2.67B	500x
Binance ETHUSDT	+0.0066%	8h	2,775.9	−0.004%	$6.44B	$17.21B	150x	as long as short
Bitget ETHUSDT	+0.0069%	8h	2,775.6	−0.013%	$2.10B	$3.10B	150x	as long as short
ApeX Omni ETHUSDT	+0.0073%	1h	2,780.3	+0.154%	$8.8M	$32.6M	100x	as long as short
Gate ETH_USDT	+0.0073%	8h	2,775.6	−0.013%	$3.29B	$9.65B	200x	as long as short
SoDEX ETH-USD	+0.0078%	1h	2,777.3	+0.048%	$55.3M	$228.9M	40x	as long as short
Bybit ETHUSDT	+0.0093%	8h	2,775.5	−0.017%	$2.52B	$4.62B	150x	as long as short
HTX ETH-USDT	+0.0095%	8h	2,776.6	+0.023%	$1.08B	$1.32B	200x	as long as short
Lighter ETH	+0.0096%	1h	2,776.4	+0.013%	$115.2M	$502.1M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,778	+0.072%	$25.4M	$121.6M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,779.1	+0.112%	—	$41.6M	500x	as long as short
KuCoin ETHUSDTM	+0.0098%	8h	2,775.8	−0.006%	$422.7M	$739.3M	100x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,775.5	−0.016%	$15.9M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,776	+0.001%	$478K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,778.7	+0.098%	$3.19B	$2.36B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,776.3	+0.011%	$31.3M	$302.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,775	−0.035%	$2.8M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,777.5	+0.053%	$2.7M	$17.5M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,778.9	+0.106%	$165.9M	$253.8M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,776.6	+0.022%	$15.2M	$44.3M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,778.6	+0.095%	$136.7M	$326.3M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,779.6	+0.132%	$181.9M	$783.9M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,777.6	+0.058%	$161.5M	$91.5M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,777.3	+0.048%	$21.4M	$58.2M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,776.2	+0.009%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,778.2	+0.080%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,777.4	+0.050%	$21K	$24K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,779.3	+0.121%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDTlong	+0.0100%	8h	2,776	long leg	$974K	$14.0M	100x
Extended ETH-USD	+0.0104%	1h	2,775.3	−0.026%	$32.6M	$77.8M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,778.6	+0.095%	$60.0M	$4.61B	50x	as long as short
Kalshi KXETHPERP	+0.0126%	8h	2,778.1	+0.076%	$8.4M	$679.0M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0137%	8h	2,779.8	+0.137%	$32.6M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0169%	1h	2,778.4	+0.086%	$86.1M	$332.4M	100x	as long as short
BloFin ETH-USDT	+0.0185%	8h	2,776.9	+0.033%	$283.9M	$194.7M	150x	as long as short
Reya ETHRUSDPERP	+0.0193%	1h	2,776.7	+0.026%	$7.4M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0224%	1h	2,779.1	+0.112%	$271K	$1.5M	20x	as long as short