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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0558%/8h= +61.1% APRpaid last 24h +0.147%
Price spread now: MEXC against Deribit+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: +$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ETHFI_USDC-PERPETUAL0.7060−0.0458get 0.0057% / 1h3m 33s$40K$12K10x
ShortMEXC ETHFI_USDT0.70610.0100get 0.0050% / 4h1h 03m$15.8M$4.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. 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
$117.12
Price spread: +0.014% → 0.000%
$1.42
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee MEXC: 2 bp × 2 orders
−$4
Net
$107.54
Costs to cover
0.110%
Break-even
0.6 days
Slippage unknown: Deribit: 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 Deribit no order-book sample
Sell MEXC live order book, 5 min ago0.70 bp7.2 bp −$718.1 bp −$18170.1 bp −$7,009196.6 bp −$98.3K
Deribit: 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
Deribit ETHFI_USDC-PERPETUALlong−0.0458%1h0.7060long leg$40K$12K10x
Orderly PERP_ETHFI_USDC−0.0207%4h0.7058−0.028%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0033%4h0.7066+0.085%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.550%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0073%8h0.7057−0.043%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7067+0.099%$1.1M$890K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7065+0.076%$17.6M$8.0M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7060+0.001%$180K$256K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7062+0.028%$24.6M$35.7M75xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7071+0.156%$17.7M$12.6M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETHFI-USDT-SWAP+0.0100%4h0.7063+0.042%$4.9M$12.2M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7062+0.028%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDTshort+0.0100%4h0.7061+0.014%$15.8M$4.1M125x
KuCoin ETHFIUSDTM+0.0100%4h0.7062+0.028%$1.2M$251K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7058−0.028%$6.1M$5.3M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.70600.000%$26.0Mas long as short
Variational Omni ETHFI+0.0100%4h0.7053−0.097%$1.0M$716Kas long as short
SunX ETHFI-USDT+0.0100%4h0.7067+0.099%$1K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7056−0.057%$96K$382K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7055−0.071%$8K3xas long as short
Kraken Futures PF_ETHFIUSD+0.0309%1h0.7065+0.074%$263K$212K20xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7050−0.142%$1.2M$244K75xas long as short
Polymarket Perps ETHFI-USD+0.0373%1h0.7074+0.201%$70K$118K5xas long as short
Coinbase International ETHFI-PERP-INTX+0.0512%1h0.7074+0.198%$31K$6K50xas long as short