Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against MEXC+0.057%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$730.732% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$7 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.057%, 7d avg +0.053%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETHFI_USDT0.70170.0100pay 0.0050% / 4h42m 24s$15.6M$4.0M125x
ShortGate ETHFI_USDT0.70210.0100get 0.0050% / 4h42m 24s$1.7M$1.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.057% → +0.053%
$0.4
Slippage, 4 orders
−$54.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$72.78
Costs to cover
0.732%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.71 bp5.6 bp −$616.1 bp −$16177.1 bp −$7,705178.3 bp −$89.1K
Sell Gate live order book, 5 min ago3.56 bp31.3 bp −$31189.8 bp −$1,898doesn't fitdoesn't fit

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0604%1h0.7023+0.086%$40K$12K10xas long as short
Orderly PERP_ETHFI_USDC−0.0216%4h0.70170.000%$16K$1K10xas long as short
HTX ETHFI-USDT−0.0172%4h0.7016−0.014%$87K$168K20xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+3.178%$321$51K5.5xas long as short
Kraken Futures PF_ETHFIUSD+0.0044%1h0.7032+0.215%$263K$213K20xas long as short
Paradex ETHFI-USD-PERP+0.0055%8h0.7013−0.056%$6K5xas long as short
Lighter ETHFI+0.0096%1h0.7022+0.073%$1.1M$878K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7019+0.034%$17.4M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7022+0.068%$179K$261K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7016−0.014%$24.4M$35.4M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHFIUSDT+0.0100%4h0.7020+0.043%$17.6M$12.6M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7024+0.100%$5.0M$12.2M20xas long as short
Gate ETHFI_USDTshort+0.0100%4h0.7021+0.057%$1.7M$1.9M75x
MEXC ETHFI_USDTlong+0.0100%4h0.7017long leg$15.6M$4.0M125x
KuCoin ETHFIUSDTM+0.0100%4h0.7015−0.029%$1.2M$244K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.70170.000%$6.0M$5.2M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7023+0.086%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7025+0.110%$1.0M$657Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7031+0.198%$70K$118K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7038+0.299%$2K$1.1M20xas long as short
Extended ETHFI-USD+0.0104%1h0.7015−0.026%$95K$378K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7020+0.043%$8K3xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7023+0.086%$1.2M$243K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0624%1h0.7046+0.413%$31K$6K50xas long as short