Funding you earn now, next payment 08:00 UTC−0.0229%/8h= −25.1% APRnext payment −$1.14 per $10,000 · paid last 24h −0.069%
Price spread now: Orderly against MEXC0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.6946 | −0.0048 | get 0.0024% / 4h | 1h 48m | $15.5M | $4.2M | 125x |
| Short | Orderly PERP_ETHFI_USDC | 0.6946 | −0.0277 | pay 0.0138% / 4h | 1h 48m | $16K | $1K | 10x |
MEXC ETHFI_USDT
Orderly PERP_ETHFI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$48.04
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$58.04
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; Orderly: no order-book sample. 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 MEXC live order book, 5 min ago | 0.72 bp | 6.9 bp −$7 | 15.6 bp −$156 | 66.2 bp −$6,619 | 163.3 bp −$81.6K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0362% | 4h | 0.6946 | 0.000% | $82K | $175K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0325% | 1h | 0.6948 | +0.029% | $41K | $11K | 10x | as long as short |
| Orderly PERP_ETHFI_USDCshort | −0.0277% | 4h | 0.6946 | 0.000% | $16K | $1K | 10x | |
| Variational Omni ETHFI | −0.0158% | 4h | 0.6931 | −0.211% | $921K | $778K | — | as long as short |
| Bybit ETHFIUSDT | −0.0089% | 4h | 0.6947 | +0.014% | $17.3M | $13.0M | 25x | as long as short |
| Extended ETHFI-USD | −0.0048% | 1h | 0.6942 | −0.055% | $96K | $500K | 10x | as long as short |
| MEXC ETHFI_USDTlong | −0.0048% | 4h | 0.6946 | long leg | $15.5M | $4.2M | 125x | |
| Binance ETHFIUSDT | −0.0045% | 4h | 0.6945 | −0.014% | $24.1M | $36.0M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0018% | 8h | 0.6955 | +0.136% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.233% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Bybit ETHFIUSDT
Extended ETHFI-USD
Binance ETHFIUSDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6948 | +0.025% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6952 | +0.088% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6949 | +0.043% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6955 | +0.129% | $178K | $261K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6953 | +0.101% | $5.1M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6957 | +0.158% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6959 | +0.187% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6952 | +0.086% | $6.0M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6952 | +0.086% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6952 | +0.092% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6952 | +0.086% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0191% | 4h | 0.6939 | −0.101% | $1.2M | $239K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +1.728% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1690% | 1h | 0.6961 | +0.213% | $286K | $292K | 20x | as long as short |
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
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD