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 Bybit−0.113%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.113%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.068% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHFIUSDT | 0.7061 | 0.0100 | pay 0.0050% / 4h | 20m 46s | $17.6M | $12.6M | 25x |
| Short | MEXC ETHFI_USDT | 0.7053 | 0.0100 | get 0.0050% / 4h | 20m 46s | $15.7M | $4.0M | 125x |
Bybit ETHFIUSDT
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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% → −0.045%
- −$6.83
- Slippage, 4 orders
- −$36.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.55
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 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 Bybit live order book, 3 min ago | 0.71 bp | 16.3 bp −$16 | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 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 | 0.7058 | −0.042% | $40K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0312% | 4h | 0.7050 | −0.156% | $87K | $168K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0225% | 4h | 0.7055 | −0.085% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.535% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7059 | −0.030% | $264K | $209K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0049% | 8h | 0.7053 | −0.113% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7066 | +0.064% | $1.1M | $879K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7068 | +0.098% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7063 | +0.028% | $180K | $263K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7056 | −0.070% | $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 ETHFIUSDTlong | +0.0100% | 4h | 0.7061 | long leg | $17.6M | $12.6M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7067 | +0.085% | $5.1M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7063 | +0.028% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDTshort | +0.0100% | 4h | 0.7053 | −0.113% | $15.7M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7066 | +0.071% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7057 | −0.057% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7058 | −0.042% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7055 | −0.082% | $979K | $701K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7073 | +0.163% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7061 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7051 | −0.141% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7056 | −0.073% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7052 | −0.127% | $1.2M | $247K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7096 | +0.496% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX