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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.005%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.014%−$1 · spread now +0.005%, 7d avg +0.004%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHFIUSDT0.71790.0037pay 0.0019% / 4h3h 33m$25.1M$36.9M75x
ShortMEXC ETHFI_USDT0.71790.0036get 0.0018% / 4h3h 33m$15.4M$3.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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
−$0.29
Price spread: +0.005% → +0.004%
$0.18
Slippage, 4 orders
−$28.64
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$42.75
Costs to cover
0.426%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.69 bp16.3 bp −$1633.1 bp −$331207.4 bp −$20.7Kdoesn't fit
Sell MEXC live order book, just now0.70 bp5.1 bp −$511.2 bp −$11258.1 bp −$5,813133.9 bp −$67.0K

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
HTX ETHFI-USDT−0.0919%4h0.7163−0.217%$83K$159K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0446%1h0.7181+0.033%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0199%4h0.7177−0.022%$16K$1K10xas long as short
Variational Omni ETHFI−0.0055%4h0.7179+0.011%$1.0M$734Kas long as short
Paradex ETHFI-USD-PERP−0.0036%8h0.7181+0.032%$6K5xas long as short
Bybit ETHFIUSDT+0.0008%4h0.7178−0.008%$18.2M$12.8M25xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.855%$321$51K5.5xas long as short
MEXC ETHFI_USDTshort+0.0036%4h0.7179+0.005%$15.4M$3.8M125x
Binance ETHFIUSDTlong+0.0037%4h0.7179long leg$25.1M$36.9M75x
Extended ETHFI-USD+0.0040%1h0.7175−0.045%$100K$550K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7180+0.019%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7190+0.159%$1.1M$894K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7189+0.150%$18.0M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7183+0.058%$183K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7182+0.047%$5.0M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7185+0.089%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7180+0.019%$1.2M$268K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7179+0.005%$6.1M$5.6M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7182+0.047%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7181+0.028%$71K$116K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7188+0.131%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0150%4h0.7175−0.050%$1.3M$272K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+0.813%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0220%1h0.7187+0.124%$273K$164K20xas long as short