Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BingX−0.113%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.113%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.082% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETHFI-USDT | 0.7062 | 0.0100 | pay 0.0050% / 4h | 21m 41s | — | $26.0M | — |
| Short | MEXC ETHFI_USDT | 0.7054 | 0.0100 | get 0.0050% / 4h | 21m 41s | $15.7M | $4.0M | 125x |
BingX ETHFI-USDT
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- Price spread: −0.113% → −0.032%
- −$8.16
- Slippage, 4 orders
- −$14.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$36.85
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 min ago.
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 BingX live order book, 2 min ago | 1.41 bp | 7.5 bp −$8 | 11.4 bp −$114 | 21.8 bp −$2,185 | 70.0 bp −$35.0K |
| Sell MEXC live order book, 2 min ago | 0.71 bp | 7.5 bp −$7 | 16.1 bp −$161 | 71.0 bp −$7,104 | 188.3 bp −$94.1K |
ETHFI on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0599% | 1h | 0.7062 | 0.000% | $40K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0309% | 4h | 0.7046 | −0.227% | $87K | $168K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0223% | 4h | 0.7058 | −0.057% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.521% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7063 | +0.015% | $264K | $209K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0049% | 8h | 0.7053 | −0.127% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7065 | +0.048% | $1.1M | $879K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7068 | +0.081% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7064 | +0.027% | $180K | $263K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7056 | −0.082% | $24.5M | $35.2M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7058 | −0.057% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7062 | 0.000% | $5.1M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7065 | +0.042% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDTshort | +0.0100% | 4h | 0.7054 | −0.113% | $15.7M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7068 | +0.085% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7058 | −0.057% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDTlong | +0.0100% | 4h | 0.7062 | long leg | — | $26.0M | — | |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7054 | −0.111% | $977K | $710K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7079 | +0.236% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7071 | +0.127% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7053 | −0.127% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7061 | −0.020% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7062 | 0.000% | $1.2M | $248K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7096 | +0.481% | $31K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX