Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against SunX−0.229%53s7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.229%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.175% cheaper against SunX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.054%). Swap the legs. The two prices were read 53 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 | SunX ETHFI-USDT | 0.6996 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $1K | $1.1M | 20x |
| Short | MEXC ETHFI_USDT | 0.6980 | −0.0040 | pay 0.0020% / 4h | 1h 55m | $15.6M | $4.1M | 125x |
SunX ETHFI-USDT
MEXC ETHFI_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.4
- Price spread: −0.229% → −0.054%
- −$17.46
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.86
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 7 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 7 min ago | 498.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.71 bp | 6.9 bp −$7 | 11.7 bp −$117 | 63.1 bp −$6,306 | 141.0 bp −$70.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0608% | 1h | 0.6989 | −0.100% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0362% | 4h | 0.6988 | −0.114% | $81K | $171K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0274% | 4h | 0.6973 | −0.329% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0160% | 4h | 0.6993 | −0.039% | $928K | $782K | — | as long as short |
| Bybit ETHFIUSDT | −0.0091% | 4h | 0.6974 | −0.314% | $17.4M | $13.0M | 25x | as long as short |
| Binance ETHFIUSDT | −0.0045% | 4h | 0.6973 | −0.329% | $24.2M | $35.8M | 75x | as long as short |
| Extended ETHFI-USD | −0.0040% | 1h | 0.6979 | −0.240% | $96K | $500K | 10x | as long as short |
| MEXC ETHFI_USDTshort | −0.0040% | 4h | 0.6980 | −0.229% | $15.6M | $4.1M | 125x | |
| Paradex ETHFI-USD-PERP | −0.0022% | 8h | 0.6981 | −0.208% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.488% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
Binance ETHFIUSDT
Extended ETHFI-USD
Paradex ETHFI-USD-PERP
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 | 0.6985 | −0.157% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6989 | −0.100% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6981 | −0.209% | $16.9M | $8.5M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6988 | −0.111% | $179K | $261K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6977 | −0.272% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6981 | −0.214% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6978 | −0.257% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6976 | −0.286% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6978 | −0.257% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6986 | −0.144% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.6996 | long leg | $1K | $1.1M | 20x | |
| BloFin ETHFI-USDT | +0.0199% | 4h | 0.6994 | −0.029% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +1.001% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1681% | 1h | 0.6999 | +0.049% | $287K | $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-USDC
Polymarket Perps ETHFI-USD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD