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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against SunX−0.212%7-day average −0.053% · you buy dearer than you sell
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 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.212%, 7d avg −0.053%
Together, before fees+0.273%+$27 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 0.159% cheaper against SunX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETHFI-USDT0.70700.0100pay 0.0050% / 4h18m 48s$2K$1.1M20x
ShortMEXC ETHFI_USDT0.70550.0100get 0.0050% / 4h18m 48s$15.7M$4.0M125x

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

Funding earned
$0
Price spread: −0.212% → −0.053%
−$15.9
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$27.9
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; 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 SunX live order book, 4 min ago516.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.71 bp7.5 bp −$716.1 bp −$16171.0 bp −$7,104188.3 bp −$94.1K

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-PERPETUAL−0.0598%1h0.7066−0.057%$40K$12K10xas long as short
HTX ETHFI-USDT−0.0321%4h0.7043−0.382%$87K$168K20xas long as short
Orderly PERP_ETHFI_USDC−0.0226%4h0.7062−0.113%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+2.405%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7065−0.067%$264K$209K20xas long as short
Paradex ETHFI-USD-PERP+0.0051%8h0.7059−0.159%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7063−0.095%$1.1M$879K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7063−0.103%$17.5M$7.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7064−0.085%$180K$263K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7052−0.255%$24.5M$35.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7057−0.184%$17.6M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7060−0.141%$5.1M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7064−0.085%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDTshort+0.0100%4h0.7055−0.212%$15.7M$4.0M125x
KuCoin ETHFIUSDTM+0.0100%4h0.7062−0.113%$1.2M$228K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7053−0.240%$6.0M$5.2M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7060−0.141%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7055−0.209%$979K$701Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7081+0.156%$70K$118K5xas long as short
SunX ETHFI-USDTlong+0.0100%4h0.7070long leg$2K$1.1M20x
Extended ETHFI-USD+0.0104%1h0.7053−0.247%$97K$379K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7058−0.166%$8K3xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7065−0.071%$1.2M$248K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7096+0.368%$31K$6K50xas long as short