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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.26 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against MEXC−0.037%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$120.121% of the position
Long on MEXCShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 days+0.046%+$5 · spread now −0.037%, 7d avg −0.002%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.035% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETH_USDT2,743.10.0094pay 0.0094% / 8h5h 08m$1.57B$2.56B500x
ShortOKX ETH-USDT-SWAP2,742.10.0068get 0.0068% / 8h5h 08m$1.70B$10.55B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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
−$5.54
Price spread: −0.037% → −0.002%
−$3.47
Slippage, 4 orders
−$0.07
Fee MEXC: 1 bp × 2 orders
−$2
Fee OKX: 5 bp × 2 orders
−$10
Net
−$21.09
Costs to cover
0.121%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 1 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 MEXC live order book, 1 min ago0.02 bp1.0 bp −$11.0 bp −$101.0 bp −$1022.9 bp −$1,439
Sell OKX live order book, 1 min ago0.02 bp5.0 bp −$55.0 bp −$505.8 bp −$5847.6 bp −$3,777

ETH on 55 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%1h2,742.7−0.015%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,735.6−0.274%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743.8+0.026%$12.1M—200xas long as short
Perpl ETH0.0000%43m2,742.9−0.008%$304K$5.6M8.3xas long as short
dYdX ETH-USD0.0000%1h2,743.5+0.015%$10.8M$41.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,744.6+0.055%$25.3M—200xas long as short
Phoenix ETH+0.0017%1h2,744.6+0.054%$848K$2.9M25xas long as short
01 Exchange ETHUSD+0.0024%1h2,743.6+0.018%$182K$836K50xas long as short
ApeX Omni ETHUSDT+0.0032%1h2,744.4+0.047%$8.8M$30.7M100xas long as short
BingX ETH-USDC+0.0054%8h2,742.6−0.020%—$18.4M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAPshort+0.0068%8h2,742.1−0.037%$1.70B$10.55B100x
KuCoin ETHUSDTM+0.0071%8h2,743.4+0.012%$382.1M$575.1M100xas long as short
Bullet ETH-USD+0.0073%1h2,743.2+0.002%$182K$1.7M20xas long as short
RISEx ETH/USDC+0.0077%1h2,743.7+0.020%$5.6M$11.4M25xas long as short
SoDEX ETH-USD+0.0087%1h2,743.3+0.007%$54.6M$187.5M40xas long as short
Aster ETHUSDT+0.0087%8h2,743.3+0.008%$253.8M$840.8M200xas long as short
Binance ETHUSDT+0.0094%8h2,742.2−0.032%$6.37B$15.68B150xas long as short
MEXC ETH_USDTlong+0.0094%8h2,743.1long leg$1.57B$2.56B500x
Lighter ETH+0.0096%1h2,743.8+0.024%$112.8M$436.2M50xas long as short
Lighter RH ETH+0.0096%1h2,745.1+0.071%$24.6M$104.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,742.5−0.021%—$30.4M500xas long as short
Aevo ETH-PERP+0.0096%1h2,740.3−0.101%$4.9M$154K20xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,744.7+0.058%$54.5M$4.26B50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,747.3+0.151%$16.0M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,743.10.000%$474K$3.1M50xas long as short
Nado ETH-PERP+0.0100%1h2,743−0.003%$13.9M$104.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,744.8+0.062%$3.12B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,743.4+0.010%$31.7M$333.8M50xas long as short
Bybit ETHUSDT+0.0100%8h2,742−0.040%$2.45B$4.17B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,741.2−0.070%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,743.5+0.015%$2.8M$16.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,746.6+0.126%$165.7M$303.2M25xas long as short
Gate ETH_USDT+0.0100%8h2,743.3+0.008%$3.39B$8.78B200xas long as short
Bitget ETHUSDT+0.0100%8h2,742−0.041%$2.08B$2.72B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,742.5−0.023%$15.0M$39.3M50xas long as short
Variational Omni ETH+0.0100%8h2,743.10.000%$133.1M$325.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,742.7−0.014%$182.3M$665.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,745.1+0.072%$159.6M$83.5M50xas long as short
StandX ETH-USD+0.0100%1h2,746.9+0.138%$21.2M$68.4M40xas long as short
Vest ETH-PERP+0.0100%1h2,743.8+0.026%—$815K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,744.2+0.040%$11.0M$8.8M50xas long as short
Derive ETH-PERP+0.0100%1h2,745.4+0.083%$41.5M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,742.3−0.031%$961K$11.4M100xas long as short
HTX ETH-USDT+0.0100%8h2,743.1+0.001%$1.06B$1.18B200xas long as short
Phemex ETHUSDT+0.0100%8h2,743.5+0.013%$266.6M$64.9M150xas long as short
Extended ETH-USD+0.0104%1h2,742.7−0.014%$30.7M$72.0M50xas long as short
Aftermath Perps ETHUSD+0.0137%1h2,744.9+0.064%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0160%8h2,743.8+0.025%$7.7M$671.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0195%8h2,745.8+0.096%$32.3M$11.4M100xas long as short
Deribit ETH-PERPETUAL+0.0202%1h2,745.1+0.071%$260.0M$195.6M50xas long as short
BloFin ETH-USDT+0.0215%8h2,743.2+0.005%$284.9M$179.7M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,744.4+0.045%$86.5M$310.0M100xas long as short
Reya ETHRUSDPERP+0.0227%1h2,742.4−0.027%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,747+0.142%$252K$1.4M20xas long as short
Bluefin ETH-PERP+0.0346%1h2,744.1+0.036%$21K$20K25xas long as short