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
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.005%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7179 | 0.0037 | pay 0.0019% / 4h | 3h 33m | $25.1M | $36.9M | 75x |
| Short | MEXC ETHFI_USDT | 0.7179 | 0.0036 | get 0.0018% / 4h | 3h 33m | $15.4M | $3.8M | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 0.69 bp | 16.3 bp −$16 | 33.1 bp −$331 | 207.4 bp −$20.7K | doesn't fit |
| Sell MEXC live order book, just now | 0.70 bp | 5.1 bp −$5 | 11.2 bp −$112 | 58.1 bp −$5,813 | 133.9 bp −$67.0K |
ETHFI on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0919% | 4h | 0.7163 | −0.217% | $83K | $159K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0446% | 1h | 0.7181 | +0.033% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0199% | 4h | 0.7177 | −0.022% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0055% | 4h | 0.7179 | +0.011% | $1.0M | $734K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0036% | 8h | 0.7181 | +0.032% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0008% | 4h | 0.7178 | −0.008% | $18.2M | $12.8M | 25x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.855% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDTshort | +0.0036% | 4h | 0.7179 | +0.005% | $15.4M | $3.8M | 125x | |
| Binance ETHFIUSDTlong | +0.0037% | 4h | 0.7179 | long leg | $25.1M | $36.9M | 75x | |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7175 | −0.045% | $100K | $550K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7180 | +0.019% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7190 | +0.159% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7189 | +0.150% | $18.0M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7183 | +0.058% | $183K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7182 | +0.047% | $5.0M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7185 | +0.089% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7180 | +0.019% | $1.2M | $268K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7179 | +0.005% | $6.1M | $5.6M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7182 | +0.047% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7181 | +0.028% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7188 | +0.131% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0150% | 4h | 0.7175 | −0.050% | $1.3M | $272K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.813% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0220% | 1h | 0.7187 | +0.124% | $273K | $164K | 20x | as long as short |
Binance ETHFIUSDT
MEXC ETHFI_USDT
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDT
Injective ETHFI/USDC PERP
Extended ETHFI-USD
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD