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−0.0084%/8h= −9.2% APRnext payment $0.42 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against SunX−0.084%7-day average −0.051% · you buy dearer than you sell
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−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.084%, 7d avg −0.051%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.033% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ETHFI-USDT0.71560.0100pay 0.0050% / 4h3h 55m$2K$1.1M20x
ShortMEXC ETHFI_USDT0.71500.0016get 0.0008% / 4h3h 55m$15.3M$3.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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
−$17.64
Price spread: −0.084% → −0.051%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$32.89
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago499.79 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.40 bp7.2 bp −$718.2 bp −$18267.8 bp −$6,776180.6 bp −$90.3K

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
Bybit ETHFIUSDT−0.0609%4h0.7151−0.070%$18.1M$13.2M25xas long as short
Deribit ETHFI_USDC-PERPETUAL−0.0589%1h0.7149−0.098%$41K$13K10xas long as short
HTX ETHFI-USDT−0.0393%4h0.7147−0.126%$83K$166K20xas long as short
Orderly PERP_ETHFI_USDC−0.0195%4h0.7147−0.126%$16K$1K10xas long as short
Gate ETHFI_USDT−0.0064%4h0.71560.000%$1.7M$2.0M75xas long as short
Paradex ETHFI-USD-PERP−0.0047%8h0.7153−0.040%$6K5xas long as short
Variational Omni ETHFI−0.0003%4h0.7158+0.021%$1.0M$746Kas long as short
Extended ETHFI-USD+0.0016%1h0.7146−0.146%$93K$487K10xas long as short
MEXC ETHFI_USDTshort+0.0016%4h0.7150−0.084%$15.3M$3.8M125x
Binance ETHFIUSDT+0.0018%4h0.7148−0.112%$24.9M$37.4M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.174%$321$51K5.5xas long as short
BloFin ETHFI-USDT+0.0072%4h0.7142−0.196%$1.2M$280K75xas long as short
Aevo ETHFI-PERP+0.0088%1h0.7150−0.084%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7159+0.038%$1.1M$894K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7157+0.010%$18.0M$9.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7154−0.027%$183K$258K10xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7159+0.042%$5.0M$12.6M20xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.71560.000%$1.2M$269K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7150−0.084%$6.1M$5.7M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.7152−0.056%$26.1Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7153−0.045%$59K$94K5xas long as short
SunX ETHFI-USDTlong+0.0100%4h0.7156long leg$2K$1.1M20x
Coinbase International ETHFI-PERP-INTX+0.0168%1h0.7237+1.132%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0221%1h0.7155−0.008%$275K$162K20xas long as short