Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.032%
Price spread now: MEXC against Paradex+0.015%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ETHFI-USD-PERP | 0.6941 | −0.0017 | get 0.0017% / 8h | 1h 45m | $6K | — | 5x |
| Short | MEXC ETHFI_USDT | 0.6942 | −0.0042 | pay 0.0021% / 4h | 1h 45m | $15.5M | $4.2M | 125x |
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Paradex. 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
- −$5.15
- Price spread: +0.015% → 0.000%
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.64
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 3 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 0.72 bp | 6.2 bp −$6 | 13.2 bp −$132 | 55.8 bp −$5,582 | 154.1 bp −$77.0K |
Paradex: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0362% | 4h | 0.6934 | −0.100% | $82K | $175K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0326% | 1h | 0.6942 | +0.015% | $41K | $11K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0278% | 4h | 0.6939 | −0.028% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0158% | 4h | 0.6931 | −0.138% | $921K | $778K | — | as long as short |
| Bybit ETHFIUSDT | −0.0074% | 4h | 0.6940 | −0.014% | $17.3M | $13.0M | 25x | as long as short |
| Binance ETHFIUSDT | −0.0044% | 4h | 0.6942 | +0.012% | $24.1M | $36.0M | 75x | as long as short |
| MEXC ETHFI_USDTshort | −0.0042% | 4h | 0.6942 | +0.015% | $15.5M | $4.2M | 125x | |
| Extended ETHFI-USD | −0.0040% | 1h | 0.6942 | +0.019% | $94K | $506K | 10x | as long as short |
| Paradex ETHFI-USD-PERPlong | −0.0017% | 8h | 0.6941 | long leg | $6K | — | 5x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.308% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6943 | +0.025% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6946 | +0.074% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6941 | +0.005% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6950 | +0.135% | $178K | $261K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6946 | +0.073% | $5.1M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6949 | +0.116% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6944 | +0.044% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6938 | −0.043% | $6.0M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6944 | +0.044% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6942 | +0.021% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6942 | +0.015% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0196% | 4h | 0.6939 | −0.028% | $1.2M | $239K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +1.802% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1692% | 1h | 0.6953 | +0.170% | $285K | $292K | 20x | as long as short |
Aevo ETHFI-PERP
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