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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: SunX against MEXC+0.139%7-day average +0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.139%, 7d avg +0.052%
Together, before fees−0.168%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.087% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETHFI_USDT0.71840.0044pay 0.0022% / 4h3h 26m$15.4M$3.8M125x
ShortSunX ETHFI-USDT0.71940.0100get 0.0050% / 4h3h 26m$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$11.76
Price spread: +0.139% → +0.052%
$8.73
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
$8.49
Costs to cover
0.120%
Break-even
1.9 days
Slippage unknown: MEXC: live order book, 2 min ago; SunX: live order book, 6 min ago. Net counts fees only.

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, 2 min ago0.69 bp6.6 bp −$717.5 bp −$17572.9 bp −$7,285180.1 bp −$90.0K
Sell SunX live order book, 6 min ago500.97 bpdoesn't fitdoesn't fitdoesn'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
HTX ETHFI-USDT−0.0975%4h0.7177−0.097%$83K$159K20xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0306%1h0.7188+0.056%$41K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0201%4h0.7185+0.014%$16K$1K10xas long as short
Variational Omni ETHFI−0.0061%4h0.7188+0.054%$1.0M$728Kas long as short
Paradex ETHFI-USD-PERP−0.0027%8h0.7180−0.053%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.780%$321$51K5.5xas long as short
MEXC ETHFI_USDTlong+0.0044%4h0.7184long leg$15.4M$3.8M125x
Bybit ETHFIUSDT+0.0047%4h0.7190+0.084%$18.2M$12.7M25xas long as short
Extended ETHFI-USD+0.0048%1h0.7182−0.033%$100K$392K10xas long as short
Binance ETHFIUSDT+0.0050%4h0.71840.000%$25.1M$36.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7197+0.177%$1.1M$894K5xas long as short
Aevo ETHFI-PERP+0.0096%1h0.7185+0.014%$9K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.7192+0.111%$18.0M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7188+0.062%$184K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7194+0.139%$5.0M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7191+0.097%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7186+0.028%$1.2M$267K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7183−0.014%$6.1M$5.6M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7189+0.070%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7188+0.053%$71K$116K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7194+0.139%$1K$1.1M20x
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+0.738%$32K$6K50xas long as short
BloFin ETHFI-USDT+0.0198%4h0.71840.000%$1.3M$272K75xas long as short
Kraken Futures PF_ETHFIUSD+0.0220%1h0.7196+0.169%$273K$164K20xas long as short