Funding you earn now, next payment 11:00 UTC−0.0642%/8h= −70.4% APRpaid last 24h −0.144%
Price spread now: Deribit against MEXC+0.014%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.6982 | 0.0034 | pay 0.0017% / 4h | 1h 53m | $15.8M | $4.0M | 125x |
| Short | Deribit ETHFI_USDC-PERPETUAL | 0.6983 | −0.0608 | pay 0.0076% / 1h | 53m 04s | $42K | $13K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$134.92
- Price spread: +0.014% → 0.000%
- $1.43
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$144.49
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
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, 4 min ago | 0.72 bp | 9.8 bp −$10 | 37.4 bp −$374 | 73.9 bp −$7,391 | 155.2 bp −$77.6K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETHFI on 24 exchanges
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-PERPETUALshort | −0.0608% | 1h | 0.6983 | +0.014% | $42K | $13K | 10x | |
| Orderly PERP_ETHFI_USDC | −0.0308% | 4h | 0.6980 | −0.029% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0165% | 4h | 0.6971 | −0.154% | $930K | $711K | — | as long as short |
| HTX ETHFI-USDT | −0.0009% | 4h | 0.6967 | −0.215% | $83K | $133K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0004% | 8h | 0.6976 | −0.082% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.6977 | −0.073% | $110K | $499K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.695% | $321 | $51K | 5.5x | as long as short |
| Binance ETHFIUSDT | +0.0034% | 4h | 0.6979 | −0.039% | $24.5M | $32.0M | 75x | as long as short |
| MEXC ETHFI_USDTlong | +0.0034% | 4h | 0.6982 | long leg | $15.8M | $4.0M | 125x | |
| Bybit ETHFIUSDT | +0.0059% | 4h | 0.6981 | −0.014% | $17.2M | $11.8M | 25x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.6980 | −0.029% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6992 | +0.148% | $1.1M | $726K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6988 | +0.089% | $16.8M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6984 | +0.032% | $179K | $162K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6988 | +0.086% | $5.1M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6984 | +0.029% | $1.7M | $1.7M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6978 | −0.057% | $1.2M | $180K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6983 | +0.014% | $6.2M | $3.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6982 | 0.000% | — | $11.5M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6992 | +0.143% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6990 | +0.115% | $2K | $1.0M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0143% | 4h | 0.6984 | +0.029% | $1.2M | $235K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0320% | 1h | 0.7040 | +0.831% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0573% | 1h | 0.6992 | +0.149% | $302K | $296K | 20x | as long as short |
MEXC ETHFI_USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Bybit ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD