Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.036%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.036%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.033% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7081 | 0.0076 | pay 0.0038% / 4h | 2h 06m | $15.0M | $3.9M | 125x |
| Short | Binance ETHFIUSDT | 0.7078 | 0.0077 | get 0.0039% / 4h | 2h 06m | $24.6M | $37.1M | 75x |
MEXC ETHFI_USDT
Binance ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.23
- Price spread: −0.036% → −0.003%
- −$3.34
- Slippage, 4 orders
- −$18.64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.75
- Costs to cover
- 0.326%
- Break-even
- 1090.3 days
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 5 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 MEXC live order book, 2 min ago | 0.70 bp | 4.3 bp −$4 | 14.1 bp −$141 | 64.0 bp −$6,401 | 152.8 bp −$76.4K |
| Sell Binance live order book, 5 min ago | 0.70 bp | 9.1 bp −$9 | 29.4 bp −$294 | 137.3 bp −$13.7K | doesn't fit |
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 | −0.0875% | 1h | 0.7105 | +0.339% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0270% | 4h | 0.7108 | +0.381% | $82K | $165K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0215% | 1h | 0.7108 | +0.376% | $279K | $145K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0174% | 4h | 0.7083 | +0.028% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.245% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0035% | 8h | 0.7085 | +0.055% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDT | +0.0038% | 4h | 0.7080 | −0.014% | $6.0M | $5.6M | 75x | as long as short |
| MEXC ETHFI_USDTlong | +0.0076% | 4h | 0.7081 | long leg | $15.0M | $3.9M | 125x | |
| Binance ETHFIUSDTshort | +0.0077% | 4h | 0.7078 | −0.036% | $24.6M | $37.1M | 75x | |
| Extended ETHFI-USD | +0.0080% | 1h | 0.7083 | +0.021% | $92K | $495K | 10x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDT
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7094 | +0.189% | $1.1M | $909K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7090 | +0.130% | $18.0M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7096 | +0.206% | $181K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7089 | +0.113% | $18.1M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7088 | +0.099% | $4.9M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7091 | +0.141% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7096 | +0.212% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7089 | +0.113% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7143 | +0.880% | $1.0M | $729K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7087 | +0.086% | $59K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7106 | +0.353% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7100 | +0.268% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7165 | +1.186% | $31K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0308% | 4h | 0.7097 | +0.226% | $1.3M | $292K | 75x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT